Guys,
Finally the much promised PI Industries stock story.
[Sorry Mahesh, it took me so long:)] PI deserves much more attention
This is a truly remarkable story of a company successfully moving up the value chain and scaling up its business over the years. Witness a 22% 5yr CAGR in sales coupled with an astounding 77% 5yr CAGR in Net Profits. Operating and Net Margins have been steadily climbing up from under 10% in FY07 to ~21% in 1QFY12!
Entry Barriers are high. Earnings are projected to grow over 40% CAGR for the next couple of years!
Is this a high-quality business going cheap? Or most of the upsides already factored in, in recent run-ups, and CMP of 1065?? What are the RISKs???
Please take the discussions forward. We need more skeptics in our team to dig further on possible downsides!!