Re: Usha Martin a buy - koolfriend4u
HI COOL,
Thanks for ur detailed analysis. :thumb:
so 340-304 would be the right time to average .( i jumped the gun and entered at 371)
any targets for onmobile, reiagro and HUL? ( time permitting)
danke
Comment from Edelweiss Research (gives 500 target for Koutons.)
Koutons Retail`s USP is its ability to cut down intermediaries and bring fashion to masses at affordable prices. The brokerage is positive on the company`s growth based on its business model, expansion plans, and higher margins compared to other retailers on account of integrated operations. It initiates coverage on the stock with buy recommendation and values it at 12.5 times FY11E EPS (50 per cent discount to Pantaloon`s FY11 P/E multiple) to arrive at a target price of Rs 500.
Chart View:
After 20-oct-2008 - A red territory stock(close below open price almost 90%)
present trend:
Almost to prev low 0f 340(can be a double bottom) - Oversold - Good accummulation/shorts seen in this stock presently.
View: Can be accumulated till 304 level. Can see gud movement above 370 - for tgt 392-420 Maxx 480
Koutons Retail`s USP is its ability to cut down intermediaries and bring fashion to masses at affordable prices. The brokerage is positive on the company`s growth based on its business model, expansion plans, and higher margins compared to other retailers on account of integrated operations. It initiates coverage on the stock with buy recommendation and values it at 12.5 times FY11E EPS (50 per cent discount to Pantaloon`s FY11 P/E multiple) to arrive at a target price of Rs 500.
Chart View:
After 20-oct-2008 - A red territory stock(close below open price almost 90%)
present trend:
Almost to prev low 0f 340(can be a double bottom) - Oversold - Good accummulation/shorts seen in this stock presently.
View: Can be accumulated till 304 level. Can see gud movement above 370 - for tgt 392-420 Maxx 480
HI COOL,
Thanks for ur detailed analysis. :thumb:
so 340-304 would be the right time to average .( i jumped the gun and entered at 371)
any targets for onmobile, reiagro and HUL? ( time permitting)
danke