Folks as you all know now the drama thats been going on in my blog for the last 8-10 days.Its time to end it so let me get done with it.
Scripscan:Concurrent (India) Infrastructure Ltd.
Code:531261
cmp:8
Target:100
Percentage:1250%
Duration:2-3 years
K.Sudhir babu:Mr. Koneru Sudhir Babu is the Chairman and MD of the company.Sudhir is young guy of early 40s,dynamic, vision-orientated,focused and a commited entrepreneur with capability to handle several business verticals concurrently.He has to his credit development of Sushilpa Heights with his Associates, a multi faceted complex & Land Mark building of 1.30 lakhs sq ft at Kushalguda, ECIL Cross Roads,Hyderabad.Over the years he has held several important positions in various
companies, including:-
1) Partner in Navbharati Transports and handled the project as Nako
representing for BHEL as Material handling contractor.
2) VTPS Stage IV as Material handling contractor
3) Business Partner for Siemens Business Communication and Motorola for Andhra Pradesh region.He is the man who revolutionized video conferencing in Andhra Pradesh.
1)Their sales was 56cr in 08-09,would be 70-80crs in 09-10,200crs in fy10-11,350crs in fy11-12 and above 500crs for the next fiscal.The NPM would varry in the range of 8-20% for their verticals.So 10%-12% npm we can expect on an average which would transalate into an EPS of 11.5-14 for 2012-13.Now since stock market is a place which discounts future it should quote at 3 figures in 2011-12 taking forward PE of 9-7 conservatively.
2)There are further few things which if understood can give a world of confidence and conviction in the counter.Like they are doing the preferential stuff to the same guys who were the land owners for that 25acre land.Those guys would never sell the shares of the company until they get a minimium price of 100bucks.Now the land value comes superior to the present market cap of the company.
3)Order execution the main threat is actually not a problem here as the company plans to pass the orders to other vendors for the executing their projects.Its like you bag your contracts through your rich contacts charge a decent enuf margin and pass the same to other vendors at half the margin of that.
4)Concurrent has sold off kushagra assets and investments to cancell off the 80crs debt.It should be the 1st pure diversified infrastructure company with zero debt and nil interest outgo.Its a great sign of a strong aggresive visionary entreprenur which fascinated me the most.
Conclusion:One of the finest company waiting to boom boom bigtime.At present prices its a steal.Buy it with your heart`s content folks.
Regards,
ARUN
9804589299
I can be reached at:arunanalyst@rediffmail.com
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Sunday, February 7, 2010
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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.









