Trading Tips - koolfriend4u

How the Intra day calls & Short term calls in this section?

  • Rocking

    Votes: 24 35.3%

  • Moderate

    Votes: 14 20.6%

  • very few reach the targets

    Votes: 5 7.4%

  • yet to try

    Votes: 27 39.7%
  • Total voters
    68
  • Poll closed .
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koolfriend4u

koolfriend4u

Well-Known Member
#351
#351
hi4apoorva said:
I think reason for Infosys oversold is this::::..IT sector is the only one now which is good for investing ..rather than running behind oversold stocks.

Buy Infosys Technologies: ICICI Securities
2007-11-19 10:26:16 Source : moneycontrol.com
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ICIC Securities has come out with research report on Infosys Technologies and has maintained buy rating on stock, in report dated on November 16, 2007.



"At current FY09E P/E of 16.7x (at assumed rupee/US dollar rate of Rs39 for FY09E), the downside to the stock is limited. Though rupee appreciation is the biggest concern, Infosys will trade at FY09E P/E of 18.1x with Rs91.4 EPS even in the worst case (FY09E rupee/US dollar at Rs37, which is 7.3% rupee appreciation from FY08E rate of Rs39.9). This is after assuming no further improvement in cost efficiency. Infosys contained its margin decline to just 86bps YoY in Q2FY08 despite 13.2% rupee appreciation, which should have affected margins approx 450bps. Therefore, assuming a conservative one-year forward P/E of 20-21x to our worst-case rupee/US dollar assumption, Infosys will yield at least 11-16% returns from the current levels. Also, years such as FY08 – with average 11% rupee appreciation, thereby capping the guided rupee recurring EPS growth to 18% versus guided dollar EPS growth of 33.1% may not recur as the pace of rupee appreciation may be lower in coming years in our view. Reiterate BUY. According to ICICI Sec.



Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.
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Dear hi4apoorva

gr8 work !!!

I hope fresh buying will be there in this scrip.


keep posting.

-koolfriend4u
 
S

sean_f

Member
#360
#360
hi koolfriend
just saw ur reccos....gr8 work....anyway do you think jrg securities is still a buy??5% down today trading at 80...pls reply and by the way the company owned by amitabh bachchan and amar singh is Energy Development Company Ltd....has been hitting the upper circuit for quite a few days now (9-10) dont think it is possible to catch hold of those shares...anyway keep the gr8 work going
 
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