Building Up A Portfolio At A 7000 Level

[supratik]

Hi All,

I have studying a counter JK Corp - it is currently trading at 150 (close to its 52 weeks high). There is a sudden run-up in the counter. from a below 100 level to a 150 level. Although it has almost doubled, there is a lot of steam left in the counter.
From a long term perspective one can look towards accumulation of this counter with a 2 years horizon. The compnay performance has been good looking and I expect it to give decent return in the times to come.

I would again like to set my gentle reminder in not to buy a share at one shot, please buy it in 3 defensive slots.


I have also seen Munjal Auto ( I have recommended this company before and have also booked profits) run up almost 35% in the last 2-3 sessions. Can anybody please give me some information on the same.
Thanks and Regards
Supratik

 

[ssnkumar]

Hi All,

I have studying a counter JK Corp - it is currently trading at 150 (close to its 52 weeks high). There is a sudden run-up in the counter. from a below 100 level to a 150 level. Although it has almost doubled, there is a lot of steam left in the counter.
From a long term perspective one can look towards accumulation of this counter with a 2 years horizon. The compnay performance has been good looking and I expect it to give decent return in the times to come.

I would again like to set my gentle reminder in not to buy a share at one shot, please buy it in 3 defensive slots.


I have also seen Munjal Auto ( I have recommended this company before and have also booked profits) run up almost 35% in the last 2-3 sessions. Can anybody please give me some information on the same.
Thanks and Regards
Supratik

Supratik,

What is your view on "HDFC Ltd" and "21st Century Printers (BSE: 523301)?
These are recommended as "Choice Scrip" and "Cheap Scrip" in the latest "Dalal Street".

Regards,
Narendra

 

[supratik]

Narendra,

I heard some good on 21st Century Mang, HDFC has a high foreign invesment (please confirm it)

Thanks and Regards
Supratik

 

[ssnkumar]

Narendra,

I heard some good on 21st Century Mang, HDFC has a high foreign invesment (please confirm it)

Thanks and Regards
Supratik

FII Investment details are as shown below:
HDFC has 53.44%
21st cent Printers has 2.01%
21st cent Management has 6.02%

 

[supratik]

Narendra - I am not very sure on either - I had recommended 21st Century Mang, but it has been a loss.

Hi All,

R Systems International has been seeing an increased focus for mutual funds. I have not followed this script but we could take a limited exposure.

R Systems International - CMP 172


Our call on Venus Remedies at 320 and 280 surging. This is one of our long investment call. Please keep holding on.

Thanks and Regards
Supratik

 

[ssnkumar]

Supratik,

Anything like Gulf Oil?

-Narendra

 

[supratik]

I am not very sure but it could be Kilburn Engineering

Thanks and Regards
Supratik

 

[supratik]

Hi All,

fyi



Sensex 16.2 times higher than other MSCI indices: Study.

The market valuation of Indian stocks is currently higher than that of all Asia Pacific markets with the BSE Sensex trading at price to earnings multiple of over 21. Shanghai-A of China is trading at a P/E of 15.9, Hang Seng of Hong Kong at 12.4, Jakarta Composite of Indonesia at 15.7 and KOSPI of South Korea at a P/E of 11.1.

A recent Morgan Stanley research snapshot on the market valuation of Asia Pacific market shows that the forward P/E of BSE Sensex at 16.2 is higher than all the three MSCI indices.

The MSCI AC Asia Pacific ex-Japan shares are trading at forward P/E of 14, while MSCI AC Far East ex-Japan shares are trading at P/E of 13.8.

In terms of price to book value (P), the Indian stocks are aggressively placed, trading at P of 3.5 times.

Among other Asia Pacific markets, Indonesian stocks are trading at P of 3.1 times, Australia 2.8 times, China and New Zealand 2.5 times each, Hong Kong and Taiwan 2 times each, while Korea, Malaysia, Philippines, Singapore and Thailand are trading at P of 1.6 to 1.9 times.

Indian stocks are getting better valuation than those of the Asia Pacific market largely on account of their good fundamentals and future growth in earnings.

The BSE Sensex stocks command EV/EBITDA (economic value added/ operating profit) of 12.2 compared to 10.2 for Australia, Hong Kong, Malaysia, Singapore and Taiwan. Korea has the lowest EV/EBIDTA of 5.7, while the stocks of China, Philippines and Thailand had EV/EBIDTA value of 7.9.

The forward earnings (EPS) growth rate for the Indian stocks is estimated at 16.1 per cent (2007E) with Taiwan showing higher earnings potential at 18.3 per cent.


Thanks and Regards
Supratik

 

[ssnkumar]

Hi All,

fyi



Sensex 16.2 times higher than other MSCI indices: Study.

The market valuation of Indian stocks is currently higher than that of all Asia Pacific markets with the BSE Sensex trading at price to earnings multiple of over 21. Shanghai-A of China is trading at a P/E of 15.9, Hang Seng of Hong Kong at 12.4, Jakarta Composite of Indonesia at 15.7 and KOSPI of South Korea at a P/E of 11.1.

A recent Morgan Stanley research snapshot on the market valuation of Asia Pacific market shows that the forward P/E of BSE Sensex at 16.2 is higher than all the three MSCI indices.

The MSCI AC Asia Pacific ex-Japan shares are trading at forward P/E of 14, while MSCI AC Far East ex-Japan shares are trading at P/E of 13.8.

In terms of price to book value (P), the Indian stocks are aggressively placed, trading at P of 3.5 times.

Among other Asia Pacific markets, Indonesian stocks are trading at P of 3.1 times, Australia 2.8 times, China and New Zealand 2.5 times each, Hong Kong and Taiwan 2 times each, while Korea, Malaysia, Philippines, Singapore and Thailand are trading at P of 1.6 to 1.9 times.

Indian stocks are getting better valuation than those of the Asia Pacific market largely on account of their good fundamentals and future growth in earnings.

The BSE Sensex stocks command EV/EBITDA (economic value added/ operating profit) of 12.2 compared to 10.2 for Australia, Hong Kong, Malaysia, Singapore and Taiwan. Korea has the lowest EV/EBIDTA of 5.7, while the stocks of China, Philippines and Thailand had EV/EBIDTA value of 7.9.

The forward earnings (EPS) growth rate for the Indian stocks is estimated at 16.1 per cent (2007E) with Taiwan showing higher earnings potential at 18.3 per cent.


Thanks and Regards
Supratik

Today they had this on CNBC also!
So, do you see a correction in the near future or will it continue the uptrend and soon reach 13000 levels!?
Everybody is talking of correction at 12000 levels.
So, what does your study indicate and what should be the future course of action!?

Thanks,
Narendra

 

[hiteshdaga]

Hi All,

fyi



Sensex 16.2 times higher than other MSCI indices: Study.

The market valuation of Indian stocks is currently higher than that of all Asia Pacific markets with the BSE Sensex trading at price to earnings multiple of over 21. Shanghai-A of China is trading at a P/E of 15.9, Hang Seng of Hong Kong at 12.4, Jakarta Composite of Indonesia at 15.7 and KOSPI of South Korea at a P/E of 11.1.

A recent Morgan Stanley research snapshot on the market valuation of Asia Pacific market shows that the forward P/E of BSE Sensex at 16.2 is higher than all the three MSCI indices.

The MSCI AC Asia Pacific ex-Japan shares are trading at forward P/E of 14, while MSCI AC Far East ex-Japan shares are trading at P/E of 13.8.

In terms of price to book value (P), the Indian stocks are aggressively placed, trading at P of 3.5 times.

Among other Asia Pacific markets, Indonesian stocks are trading at P of 3.1 times, Australia 2.8 times, China and New Zealand 2.5 times each, Hong Kong and Taiwan 2 times each, while Korea, Malaysia, Philippines, Singapore and Thailand are trading at P of 1.6 to 1.9 times.

Indian stocks are getting better valuation than those of the Asia Pacific market largely on account of their good fundamentals and future growth in earnings.

The BSE Sensex stocks command EV/EBITDA (economic value added/ operating profit) of 12.2 compared to 10.2 for Australia, Hong Kong, Malaysia, Singapore and Taiwan. Korea has the lowest EV/EBIDTA of 5.7, while the stocks of China, Philippines and Thailand had EV/EBIDTA value of 7.9.

The forward earnings (EPS) growth rate for the Indian stocks is estimated at 16.1 per cent (2007E) with Taiwan showing higher earnings potential at 18.3 per cent.


Thanks and Regards
Supratik

To correct: Nifty is trading at 4.56 times current book value and 19.92 times current EPS with dividend yield at 1.41