RK's Construction

Q&A: Questions & Answers
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[ Comment too short ]

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Posted some data above with a table somehow it is not posted. Rewriting the data

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HELLO all, Dear esteemed senior value pickr’s , with the Excellent hard work done by many here in this forum i am Constructing a long term port folio along with a opportunistic buys.

Request all seniors to suggest any changes if they feel the valuations are stretched . Most of them are well discussed and discovered here.

Please Note that Every stock i discussed/shared here I may have a vested interest .

I collected data from many threads and sources and made a table for Quick and effective summary.

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Scrip FY14e FY15e FY16e 12xFY16 15xFY16 18xFY16 20xFY16 cmp 30/3
AjantaPh 68 81 96 1152 1440 1728 1920 1000
Unichem 14.8 16.8 21.4 256 321 385 428 225
JB Chem [12*] 15 18.5 222 277 333 370 125
Shilpamedi 28 336 420 504 560 405
PI Ind 12.6 16 20.7 248 310 372 414 269
KSCL 56 672 840 1008 1120 640
Dhanuka 18 21 [25*] 300 375 450 500 250
Repco 18 22 28 336 420 504 560 330
Mayuruniq 12.5 15 19 228 285 342 380 327
VSTtillres 76 88 [115*] 1380 1725 2070 2300 933
Symphony 43 516 645 774 860 700
Canara bank 54 67 [75*] 900 269
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From the above vst tillers,dhanuka agri,canara bank traded with lower PxE historically.

Not calculated PxE for canara bank because it may not demand higher than the calculated pe because of a PSU tag.

**JB chemicals **will miss the estimated pe because of a one time hit…

**DISCLOSURE . This **table is designed for my Quick reference only, I am not good at stock picking so in future if i talk about any stock please think that my view is biased and i am not recommending any thing to buy or sell.

Thanks for the efforts of Wonderful People here **
**

**RK
**

**
**

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Great to see your projections.

the stocks put up in the table are all good companies.

I dont know if u have all of them but the list is good.

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Thanks for the Reply Dr.Hitesh, I own all of them except Unichem, Dhanuka and Symphony Most Remaining stocks i bought around 10 % to 5% below the CMP

Around 50% allocated to PIind,Shilpa and **Canara **Bank.

Shilpa is the biggest winner with approx… 40 % gain followed by canara bank with 20% gain

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Another 16 % allocated to Tilak Nagar Industries,Jagran and Banco as Opportunistic buys

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Bought Finolex industries

Finolex Industries

CMP 224

MCAP 2,780 Cr.

Company has a capacity of 2,70,000 tonne of PVC resin and 2,30,000 tonnes of pipes plans to add another 1,00,000 tonne pipes capacity over the next 3 years
Company is trying to improve margins
Finoiex industries slowly increased the prices of PVC pipes to raise margins from 5% to 8%, with a plan to take them to 10%.
Company aims to become debt-free in next 3 years which will improve the EPS est.

FY16e Sales NP [ 10%] EPS 14x FY16e 16x FY16e
2,500 250 20.1 281.4 321.6

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Technically , resistance at 226, 277

support at 214, 201

Historically it traded around 6 - 20 PE band. With no major capex planned for next two years and if it becomes debt free target can be projected at 360+ [20xFY16]

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FINOLEXIND currently trading above 280 , i think it has breached the technical resistance of 277. will have to wait and watch whether it can meet the second target of 321

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Request seniors to give their valuable comments on the following projections. also requesting not to get distracted by any unwanted disturbing comments .

I believe many small investors like me are benefiting by the method of picking stocks and learning how to play safe. Please keep going..............

Some projections [for housing finance stocks]

Scrip CMP 14 15E 16E 9x16e 12x16e 15x16e
DHFL 367 41 50 59 531 708 885
Canfinhome 408 37 49 61 549 732 915
REPCO 451 17.7 22.2 28.2 252 336 700*[25x16e]

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RK,

PE is not the best measure for judging a stock. Also REPCO is a niche player with a different target customers with little or no competition. Only Gruh is to some extent can be compared with.

Canfin and DHFL compete in regular housing finance market where there are n players. They are more of a under valuation play.

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PI industries came out with Good numbers NP increases to 71 vs 48 cr.

Q1 eps at 5.2 vs 73.58

seems that it will do more than the expected eps of 16.8 in this forum

Disc .no position

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correction eps at 5.27 vs 3.58

no edit button…! .! .! .! .! .!