Calls review:Sabero Organics Gujarat Ltd
Recommended price:27(26.5.09)
Present price:131
Returns:480%
Link:http://www.arunthestocksguru.com/2009/05/sabero-organics-gujarat-ltd-future.html
Scripscan:Sabero Organics Gujarat Ltd
cmp:27
Traded in:Nse-bse
Story:Due to growing clout of agriculture sector, companies in the business of manufacturing pesticides, weedicides and other agro chemicals have been growing rapidly and have bright future.I feel that Agro -chemical sector is due for re-rating by equity analysts in near future. As against industry P.E. Ratio of 12,Sabero Organics is available at lowest valuations. Hence, the recommendation.This Mumbai based Agrochemical Company is engaged in the production of pesticides and agri-inputs like Mancozeb, Chloropyrophes etc.Earlier, company was suffering due to low selling prices prevailing all over the world. However, since last year,selling prices went up sharply and Sabero has reported excellent results.For 9 months, its topline has gone up by 100% but PAT has zoomed 460% to 19.46 crs.Company is likely to report EPS of 9 for 08-09.Recently, company has doubled its production capacity. For 09-10, its sales are likely to be 550 crs. and EPS of Rs. 12/-. Stock is available at just 2.30 x FY10E EPS. If, markets remain stable, share price can be Rs. 45/- in 4-6 months.A great buy at dips for long term investors.
Present update:Already a 5 bagger and still going strong.With the new management at helms this scrip may continue to create more wealth for the already rejoicing shareholders.
Subscribe to:
Post Comments (Atom)
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.
No comments:
Post a Comment