Originally posted by Ravenrage How can this joker see value in the stock . Is that chap around here ? Seems a certainty . I hate when Tulsian's picks matches with any of the stocks in my portfolio . This one is going to be in the hand of manipulators . As serious question in his style : Is the Tulsian around on the TED ?

That is out of the question, cause he hasn't mentioned the CSM business at all, in any specific details.

Originally posted by arunshah2k Not sure if this is known, but Sequoia Capital took stake around 1.82% in PI Industries via block deal on the day of split.

Yes its through their investment arm ironwood investments. This kind of things are likely to continue bcos another big investor called Rowanhill (which sold stake while sequoia bought) is gradually getting out and it still might have another 3-4% to offload.

Tulsian's multibaggers: See value in PI Ind & GSFC
Published on Mon, Aug 22, 2011 at 08:35 | Source : CNBC-TV18
Updated at Mon, Aug 22, 2011 at 11:09

In an exclusive interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, SP Tulsian of sptulsian.com says the good monsoon this year is opening opportunities to reap from agriculture stocks. His multibagger picks today include PI Industries and GSFC. "I am very positive on agriculture stocks with a one year view," he says.

He sees tremendous value in PI Industries for view of 12-month perspective and sets a price target of Rs 750, while expects GSFC to have a price target of Rs 500 in a year.

Below is an edited transcript of Tulisan’s comments on CNBC-TV18. Also watch the accompanying video.

On PI Industries

PI Industries is into agro-chemicals, specialty chemicals and agricultural inputs like seeds. The company’s performance has been good for FY11. The company has recently gone for a stock split. They have three plants, one each in Udaipur, Ankleshwar, and in Jammu.
In the Q1 results of FY12, the company had included an odd gain worth Rs 30 crore through the sale of polymer compounding business because it was unrelated to their core business and hence, they knocked it off. They posted a PAT of Rs 48 crore for first quarter on a lower equity base of Rs 12.5 crore.

However, traditionally Q2,Q3 and Q4 have been always the better quarters for the company. And the company has been steadily growing its research and development (R&D) arm. It has now set up an R&D center in collaboration with Sony Corporation and they will be ramping it up over the next couple of years. They have recently entered into a distribution agreement with an MNC as well for distribution of agro chemicals.

Hence, taking all these into consideration, the company is likely to post an EPS of Rs 42 to Rs 44 for FY12 on a recently reduced face value of Rs 5. I see tremendous value because of the positive view on the agri inputs company and specifically, on this stock if somebody can keep a view of about one year, they should be able to see a price target of Rs 750.

http://www.moneycontrol.com/news/market-outlook/tulsians-multibaggers-see-valuepi-indgsfc_578527.html

Edited by rdyn - 22/Aug/2011 at 5:36pm

every week? I see him every day. He tries taking calls from CNBC while going home. So this is called uninterrupted service