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

Saturday, October 24, 2009

Manappuram General Finance & Leasing Ltd:Views/news/analysis/prospects/growth outlook and recomendation.

Scripscan:Manappuram General Finance & Leasing Ltd
cmp:600
Code:531213

Story:Before I proceed with my note here I would like to mention here that I have been a shareholder to these company from last 3 years and it simply has been one of the biggest wealth creator for me.A scrip which has given 3200% returns over the mentioned period and its still counting for me.It would be prudent to note that my cost of acquisition for the scrip is only 17.65 paisa(Bought in november,2006).Solid pedigree amazing business model and a visionary team fascinated me to opt for it.No FII,no research house even bothered to have a look at it.Anyways all said and done lets not delay much in penning its future business outlook.Founded in 1949,Manappuram General Finance & Leasing Ltd is India`s Largest Listed and Highest Credit Rated Gold Loan Company, registered under Reserve Bank of India.The company operates with more than 800 branches across India with presence in 14 States of India.The company has a loan book of Rs 2,000 crore presently.The company is targetting a profit of 100crs in these fiscal.Next year,It aims to have a size of Rs 5,000 crore loan book.The first half of the year it has already achieved a profit what the company had achieved during last year i.e. the entire profit of last year.The company has been consistently making profit and paying dividends from the first full year of its operations.The company`s vision in the short term is to emerge as a strong national player, with a wide Branch network across the entire country to serve its customers as a one-stop financial super market that makes its customers` life easy.Its such a wonderful company to own-Growth,sunrising business model,aggresive management,robust prospects all tempts one to have a chunk of it.At present price of 600 its quoting at a P.E of 10 its expected forward earnings of 60rs.Thats not terribly expensive buy it folks for a long term perspective.Who knows maybe the journey has just started for the counter.

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