teledata info

#1
this is one of the most underperforming IT scrips with an EPS of nearly 13 and PE of only 1.5 . today it touched a low of rs.16.80 ! there is not much scope of downside left , but upside is beyond any limits. promoters are all set to raise their shareholding percentage to approx 25%. results are due , and expected to earn net profit of rs.150 crs ...maybe if they declare dividend of say 20 % , then dividend yeild will be more than 10%

i strongly recommend for everyone not to miss this golden oppertunity.
normal PE for a profit making company in the IT sector is generally more than 10. on this criteria the price of teledata should have been more than rs.100 , but most probably the price has deliberately been kept down by operators .
 
#3
sculptor said:
this is one of the most underperforming IT scrips with an EPS of nearly 13 and PE of only 1.5 .
Their growth has been primarily inorganic. The challenge will be to sustain this growth and improve margins
 
#4
From a trend perspective,TELEDATA is still in a very strong downtrend.For people who value the technical side,stay away from this one for now.For those who are not of Tech bent,be prepared to see it soar or to buy it here and suffer the pain of seeing it go down to 8 before starting a move up.

So,your call to make........but from a tech angle,stay away.

Saint
 
#5
Saint is absolutely right. Results came, there was a flash in the pan and things went back to being what they were! Something about this stock doesn't smell right. A year ago it was driven up to rs. 50/- !! As soon as the smart operators offloaded their holding to unsuspecting public it took a roller coaster on a one-way down ticket.
 
#7
teledata info has published its audited results. It is a Rs.1000 crore company . profit of Rs.125 crores . it has declared a dividend of 5% . Projection for next year is Rs.2500 crores . Its EPS is 13 . As per normal dividend paying IT companies P/E should be about 10 . In this proportion the price of Teledata should have been Rs.130 /- .
But the surprise is that it is trading at Rs.10 /- face value !
this is the best example of a grossly undervalued stock as you can get . I realy wonder how long the market can ignore the fundamentals of this company ?!
 
#8
Hi Everyone,

This is my first post, I have learnt a lot from this community, here is my contiribution, well I belive this is a contribution from my side.

I just called up this company to check when was the last dividend paid to the investors. The receptionist has gone for Lunch, well no back-up, the reply came in Chennai's famous slang tamil, 'Sir, receptionist lunch-ku poikerango! one hour kalichi call pannu!', (The receptionist has gone for lunch, call after an hour). I really wonder how come a company with no back up to attend incoming call can make 1000 crore rupees revenue, I too seriously think that the this is a scam and SEBI/NSE/BSE should look into its balance sheet and verify.

Reasons:
i) Last year the company has declared 15% dividend (Check NSE's corporate announcement on 08/08/2005, the same is not reflecting in BSE's announcement), well I am yet to get this dividend. I am holding about 500 shares in the company for the last 1 year!

ii) The company has not got much visibility, not only among the traders, but also among the Chennaities.

So, please please be wary about this stock!

Thanks
Bala
 
#10
Everyone ....sensex Next Target Is 9000...this Is Straight From The Horses Mouth...rakesh Jhunjhunwala. I Spoke To Him Yesterday...stay Away For Short Term And Invest How Much Ever U Can At 9000 Levels .
 

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