Get Magazines for free

Categories

10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Tuesday, September 29, 2009

Provogue India Ltd and MTNL:Future growth prospects and outlook

1)Scripscan:Provogue India Ltd
cmp:45
code:532647

Story:Mumbai-based retailer, Provogue, has proposed to buy back five million shares at a maximum price of Rs 100 per share. The company has allocated an amount of Rs 50 crore for the same. This represents about 4.3% of the current outstanding equity.The current buyback comes at a time when the stock has taken a beating on the bourses. It is precisely for instilling investor confidence that the management announced a buyback. It believes that this move will help to enhance shareholder value and increase the earnings per share. As the equity base will come down, percentage shareholding of retail investors will go up further. Going ahead, at the time of value unlocking of business, it would have a positive effect. Moreover, as rentals have come down and employee costs are low, the retail sector seems to be in a strong grip.Currently, the company has about 127 standalone stores and a little over 120 shop-in-shop stores. Going ahead, it targets to open 50 more stores in the next two years. It is also present in the value retail format through its two Promart malls. The company will continue to focus on expanding this format in the western parts of the country.Its one of the best bet among the retail sector.Buy at declines.

2)Scripscan:Mahanagar Telephone Nigam Ltd
cmp:90
code:500108

Story:MTNL continues to lose out to more efficient private operators and higher wages impact margins. While fundamental reasons for owning MTNL are few, cash per share of Rs 53, continued positive free cash flow, and a stable dividend yield of 4% provide some downside support for the stock. MTNL continues to lose market share to the more efficiently run and more customer-centric private operators in both the wireline and wireless segments. Moreover, the core wireline business is still under pressure as wireless tariffs are falling consistently. MTNL''s wireline and wireless revenues are to keep falling. Broadband remains the only growth driver, but its small base provides limited upside to revenues.A big brokerage house has cut its FY10E/FY11E revenue by 15%/13% and FY10E/FY11E EBITDA by 60%/37%. EBITDA margins are also affected by higher employee costs following the pay commission increase. The EPS estimates are cut by 72%/25%.I expect a revenue decline of 5% and a 4% EPS CAGR over FY09-11.A hold as of now,as a merger with bsnl can change the scenario completely.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner