Where are the Buying Oppurtunities - Continued ...

          Continuing from my previous post, I would like to draw attention towards some other mid caps carrying huge potential to multiply. Among the shipyard companies, Bharati Shipyard is very attractive buy at current valuations currently quoting @PE of less than 4 whereas its peers like ABG & Pipavav are trading at much higher valuations. I find worth mentioning Jindal Poly Films - another giant in PET films especially BOPET films. Jindal Poly is currently quoting just @PE of 2.6 with an EPS of 128 in FY11 and needless to mention, this firm is backed up by the giant JINDAL Business house.
            Moving on to aviation sector, I strongly support & see Spicejet Limited as next rising force in Indian aviation. Please do notice that Spicejet is the 3rd private international air carrier in India after Jet Airways & Kingfisher. Leaving apart the Dayanidhi Maran"" controversy, Spicejet seems to be a value pick @current valuations or on slight dips. Well, last 2 years we saw a boom in housing finance firms like LIC housing finance & GRUH finance (HDFC is the maestro here) - still we have GIC housing finance & Dewan Housing Finance which are looking a compelling buy owing to their progressive earnings YoY. People who may have missed on LIC housing finance or GRUH finance can still grab GIC housing finance which seems to be a growing force in this segment. I find another oppurtunity, in construction sector - Shriram EPC - part of Shriram business empire which is posting very healthy earnings YoY. Keep a watch on this counter currently corrected a lot in last 6 months and placed dirt cheap - a buy from all angles.
         To conclude, I see Suzlon as another value pick @current prices but may be with a long term prospective. The worst days of Suzlon seems now gone & company seems ready to post progressive earnings in coming quarters. I would be covering the mentioned picks in details with quantitative data in posts to come… keep tuned..
             
Enjoy Reading …..

FY11 Results - Hits & Flops

Hello friends,

             Most of my recommended scripts have come out with strong FY11 results. Lets have a comparative YoY earnings comparision of these scripts:-

Scrip	Full year FY 11 EPS	Audited FY10 EPS	Proposed Dividend (if any)	Comment
Rama Phosphates	22.35	20.29	Nil	Strong hold – will rally
Liberty Phosphates	22.64	3.84	Nil	Strong hold – will rally
Sree Rayalaseema Hi-Strength Hypo Limited	19.49	3.35	Dividend of Rs. 1.5/- (15%)	Buy – rerating on cards
Sathavahana Ispat	16.91	7.73	Dividend of Rs. 1.8/- (18%)	Strong hold – will rally
Manjushree Technopack	10.92	7.8	Dividend of Rs. 1/- (10%)	Strong Hold - will gain pace
Dujodwala Products	11.1	8.36	Nil	Strong hold – will rally
TT limited	7.35	4.87	Dividend of Rs. 1/- (10%)	Hold – will consolidate & rise
Simran farms	10.52	9	Dividend of Rs. 1/- (10%)	Square and offload
Orient Ceramics	9.27	10.88	Dividend of Rs. 2/- (20%)	Square and offload
Poddar Pigments	9	12.1	Dividend of Rs. 0.75/- (7.5%)	Square and offload

                 The Phosphates stocks especially Liberty Phosphates seems handsomely placed to steer ahead since it is focusing on expanding at multiple locations nationwide hence, lowering backward input costs continuously. Manjushree Technopack looks to be next Gen packaging firm to be in line with biggies like Uflex, Polyplex & Jindal Poly Films - watch this counter grow. Please continue holdings in Sathvahana too as it has come out excellent FY earnings & future looks bright.
                  Coming on to the flops, Simran farms has never come up with any corporate website of its own and is now questionable about its visibility on business plans & future expansions. Poddar has a tough fight with lot of other listed pigment players in market & is not able to match up. Orient Ceramics too seems to be fighting with other organized competitors and seems to be badly lagging behind. I will suggest to square these scripts (please do not average these ones) whenever you find an opportunity.
                   Like I hinted in my previous posts, small caps are a bit different and I would focus more on emerging mid & blue chips. Keep reading ...

Happy investing :)