| PowerYourTrade.com also for investors | |
| | |
| Not everyone in the market "trades" everyday. Some people invest for the long term and they are constantly sniffing around for those potential multi baggers. Ask an Infosys investor, he will tell you that ONE stock can change a person's life!!! We believe that enduring wealth can be built only by investments that gain steadily and safely. MULTI BAGGERS is where our top market experts give you ONE solid investment idea EVERY WEEK. Each a potential multi bagger according to them. Who knows which one will make you a millionaire?? | | To get exclusive Multibagger recommendations every week Click here |
| | |
| | |
| Multi Bagger: Swan Mills Recommended Price Rs 128.60 | |
| S.P.Tulsian, Investment Advisor Report Dated: Oct 23, 2007 | |
| | |
| Swan Mills is developing its property located at Sewree and at Kurla in joint venture with Peninsula Land. The company shall be paying 22% of the sale proceeds to Peninsula for carrying out development and marketing of project.
The projects have following area available for development. 1) Sewree Project - Ashok Gardens is a 12-Acre property with high-class luxurious two towers, with parking podium for 500 cars and project shall be completed by June 09. The total saleable area is about 10 lakh sq. ft. The present selling rate is about Rs 15,500 sq. ft. (including floor rise). The average selling price for the project would be about Rs 12,000 per sq. ft., including car parking. Project would realize Rs 1,200 crores. Deducting cost of construction and development of Rs 285 crores and Peninsula Margin of Rs265 crores, PBT would be close to Rs 650 crores. | | | | Past Multi Baggers Recommendations | | | | Stock | | Reco Price | | Peak after reco | | %Gain | | | | | | | | Balasore Alloys | | 6 | | 53 | | 783 | | | | | | | | TRF | | 240 | | 1598 | | 566 | | | | | | | | Opto Circuits | | 119 | | 587 | | 395 | | | | | | | | Hind Zinc | | 288 | | 1119 | | 289 | | | | | | | | Elecon Eng | | 173 | | 691.20 | | 300 | | | | | | | | Aptech | | 121 | | 421 | | 248 | | | | | | | | Mangalam Cement | | 86 | | 259 | | 201 | | | | | | | | Vakrangee | | 100 | | 305 | | 205 | | | | | | | | Reliance Infra | | 330 | | 2899 | | 778 | | | | | | | | GMR Infra | | 360 | | 1005 | | 201 | | | | | | | | | |
| 2) Kurla Project - The 11 acre project is a commercial complex called Peninsula Technopark with a saleable area of 10 lakh sq. ft. The project shall be completed by FY 10. The project is located adjacent to Bandra Kurla complex where present selling rate is about Rs 30,000 per sq. ft. This project can fetch Rs 25,000 per sq. ft. and since the developers have sold one Tower at old rate, the average rate realization could be Rs 20,000 per sq. ft. Peninsula land would be entitled for 22% of selling receipts as Developers fee, which would be about Rs 440 crores. Construction cost would be about Rs 160 crores, resulting in a PBT of Rs 1,400 crores.
The total PBT from both the project would be about Rs 2,050 crores by FY 10, in the next three years.
The present equity of the company is at Rs 19 crores, being 9.50 crore equity shares of Rs 2 each. Promoters are holding 82%, while about 10% is held by few long-term investors. The share has very low floating stock. The share is presently ruling at Rs 128.60, which results in a market capitalization of Rs 1,220 crores.
The company has not yet sold its Kurla property and quite a large area is unsold at Sewree. With any further rise in realization, it would improve its profitability. The expected PBT from the projects are over Rs 2,000 crores.
Hence, share has potential to rise to Rs 150 to Rs 180 levels in the next 6 - 9 months.
|
| Subscription Rates | | 3 years | | | Rs. 5400 | | 2 years | | | Rs. 4200 | | 1 years | | | Rs. 2600 | | 6 months | | | Rs. 1499 | | 3 months | | | Rs. 999 | | 1 month | | | Rs. 499 | | Get 20% discount on Online Subscriptions
Click Here
| | | | Disclaimer: The writer may be deemed to be concerned or interested in the recommendation as he and his clients are invested in this scrip. | | |
|
|
| This is a sample report. To get live recommendations Click Here | |
|
| Additional Features | |
| | |
| Power Calls Get four stock strategies everyday for you to trade, that won't come anywhere else. | | Mid day Trading Calls The experts take into account trends set during opening trade, and give their calls.. | | Heard on the Street Our correspondents bring news to your computer screens and mobile phone. Get the buzz here before anyone hears of it. | | Stock Signs Our Research department tracks the market through the hours to unearth stocks poised to move | | Stocks to Watch Get the lowdown on yesterday's movers and shakers, and decide what stocks you should be looking at today | | Online Chat Put your question to a Technical Trader at our online chat every afternoon and get your answer directly. | | | |
| | |
| | |
| | |
| | |
| | |
No comments:
Post a Comment