Dear Kumardiweshji ,masterji,and Basantji
I respect both of your view points.Kumardiweshji may pl. give further give information on the equity dilution of lloyd electrics and its growth prospects.Basantji has also mentioned about 68 times pe for 2010 earnings. Is there something which I dont know about the company?My basis for byuing into this company was:
1)Price to book value
2)Its presence in Indian railway and likely push to turnover due to Garib Raths and other AC coaches
3)Increase in Commercial refrigeration
4)Consisitent past earnings
5)Decrease in Copper prices thereby reduction in production cost of copper tubes.
Pl. guide.
Edited by pankaj72 - 09/Oct/2008 at 4:41am