Joined: 01/Jan/2006
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Posted: 14/Jul/2008 at 10:58pm
Is it worth the risk? 20qc isn't too much of an attraction for this.
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Joined: 12/Feb/2008
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Posted: 15/Jul/2008 at 10:57pm
Originally posted by basant
For people who follow this sector - Is there any infra company available at a PE for Fy09 at 0.4 times its RoE? Which is the best PE to RoE infra company?
One may consider SKF India as a proxy for industrial growth in India.
Its available at a TTM P/E of 6.56, RoNW of 29% for financial year ended Dec 31, 2007. Debt-free company, aiming to double its turnover by 2011.
Be fearful when others are greedy. Be greedy when others are fearful.
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Posted: 15/Jul/2008 at 12:08pm
Doubling turnover in 4 years is 18qc cagr. Does anyone have an idea on why nag const and punj have low RoEs is there any chance of RoE expansion because otherwise these companies will find it tough to grow at stated growth rates. Also are BOT models capex heavy? I read that BOT projects have RoEs of 20pc at max?
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 02/Oct/2007
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Posted: 22/Jul/2008 at 12:01pm
Deutsche Bank has put a sell recommendation on nearly all capital goods/infrastructure stocks - L&T, Voltas, etc. Price target for these two are Rs 2000 and Rs 100.
Joined: 01/Jan/2006
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Posted: 22/Jul/2008 at 12:43pm
What are their EPS projections?
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 02/Sep/2006
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Posted: 22/Jul/2008 at 2:03pm
Originally posted by shivkumar
Deutsche Bank has put a sell recommendation on nearly all capital goods/infrastructure stocks
Without being judgemental on the stocks or sectors mentioned, I feel the more the number of Sell reports from those expert analysts, the better it is since it acts as fuel in that tank of pessimism.
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