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15 Comments

Admin Said,
January 17th, 2006 @11:55 pm  

This is one thing which is anticipated in a Forum for CA. I welcome Mr. Madhur to carry on with it.

I hope this will be a lovely piece of informations for all.

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Madhur Said,
January 18th, 2006 @12:14 pm  

As a gift to Forum4CA members, we give our first investment idea :)

HIMADRI CHEMICALS CMP 145 Rs -
One year Target Rs400

Watch out Freinds

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stockguru Said,
January 19th, 2006 @5:47 pm  

boss could you provide the basis of this price target….

what will be the imapct if the inflation goes up by 50-100 basis points????

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Madhur Said,
January 19th, 2006 @9:10 pm  

Freidns…HIMDARU CHEMICALS ALREADY ON THE MOVE..HAS HIT THE CIRCUIT TODAY

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vikrantbhargava Said,
January 19th, 2006 @9:10 pm  

ENGINEER NEEDS HELP!!!!

hi guys.i am vikrant . i am an engineer.1st of all i would like to admire each person here.CAs are technically as correct as anybody on this earth.
guys coming 2 the point
i know that CAs are somehow affiliated to consultancy companies
some of the worlds biggest consultancy companies are audit firms
guys i seek whatever knowledge u have of consultancy companies.
major points are
*what xactly is the job of a consultancy company?
*which r the major consultancy companies?
*what is the profile of people working in these companies? where do they start frm?
etc etc
guys plzz reply s soon s u can!!!!

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Admin Said,
January 20th, 2006 @11:07 am  

Good tip !!

This stock is rising :)

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Madhuri Said,
January 20th, 2006 @4:56 pm  

Hi! Everyone….

jus wanna say, the ppl who benefit from these stock ideas, do remember to thank me ;) …..

Do keep a track of this column……i’m sure u all will benefit from this.

Happy Trading to all of u!

Regards
Madhuri

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stockguru Said,
January 21st, 2006 @5:57 pm  

hey boss???? ur out to give tips. but i think without any solid basis. or ur doing reseach on my point….

thats why it is too late.. around 3 days….

sir do give the basis of ur targets…

dont be speculative i think a layman can also do that…

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Madhur Said,
January 21st, 2006 @10:21 pm  

Mr Stock Guru,

we at forum4ca go by charts. We analys the charts….and not fundamentals…u can track the tips given by us and if they fail to rise…u can come on us hard…

jus see the stocks recomended by forum4ca…u will b satisfied

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Madhuri Said,
January 22nd, 2006 @11:54 am  

Mr. Stock Guru….

so u r more interested in the fundamentals…..so here’s something for u….Our Invesment Idea substantiated with a report on the results!….

Stock : Ranbaxy Laboratories
Target : Rs600
CMP : Rs381

Result highlights

* The net sales of Ranbaxy Laboratories for Q4CY2005 were up 8.2% quarter on quarter (qoq) to Rs1,387.7 crore due to a 25% qoq growth in its US formulation revenues. On a year-on-year (y-o-y) basis however the net sales were down 1.2%.

* The earnings before interest, depreciation, tax and research (EBIDTR) margin showed a 120-basis-point improvement on a q-o-q basis to 10.6% this quarter. The EBIDTR increased by 22% qoq to Rs147.7 crore.

* The research and development (R&D) expense this quarter saw a decline of 20% on q-o-q basis and stood at Rs123 crore.
The adjusted profit after tax rose by 114% qoq aided by a tax write-back and stood at Rs40.1 crore as against Rs18.7 crore in Q3CY2006. On a y-o-y basis however the profit after tax was down 56.2% due to price erosions in the USA and high R&D costs. The company had an extraordinary income of Rs28.5 crore due to the divestment of its allied businesses.
The price erosion in the US markets continues but the non-US markets have shown a significant growth. The R&D expense and litigation costs are expected to stabilise in CY2006, resulting in higher margins.

* The company guidance for CY2006 is an 18% increase in sales and a 16% rise in the earnings before interest, depreciation, tax and amortisation (EBIDTA) margin. The company expects to gain from the exclusivity on Pravastatin 80mg that is the first exclusivity of the company going off patent in April 2006.

* At the current market price of Rs381, the stock is trading at 26.3x CY2006 earnings estimate. We maintain our Buy recommendation on Ranbaxy with the price target of Rs600.

If u want further details on this, jus let us know.

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Madhuri Said,
January 23rd, 2006 @10:23 am  

hey guys……..himadri on the move…..on the upper circuit for the 3rd consecutive day…..cmp 163.95……hope all of u have added this stock to ur portfolio……

reco price was 145…..

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stockguru Said,
January 23rd, 2006 @6:05 pm  

I think u guys are just out like ameture… I have asked just two questions… hope u have read that????

my questions are still unanswered. read the question again….its not about ranbaxy

i appreciate u gave me that( probably from some stock site)

As for Mr. madhur sir chart are for trader who are into hardcore speculation and leading researchs on this front have shown that they don not hold in long term. so you can not ignore fundamentals and the economic outlook.. which is always discounted by markets by and large.
These are the most important valuation concepts.

any layman can do speculation….

as for the majority of investors they go on market sentiments and news…

probably u have read Efficient Market Theory and would have analysed its impact on markets.. and must have seen its implication…

anyways… get the homework done first…

happy speculative trading till then

As for my dear friend Madhuri, I believe you are with some brokerage firm…

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Prashant Said,
January 24th, 2006 @7:47 pm  

Mr.Stock’GURU’..seems you can teach others a thing or two about the markets. Why don’t you put some tips yourself and then substantiate it with loads & loads of fundamentals!

If you can’t,(i.e your name was acquired in a legacy) then keep shut and just benefit from someone else’s suggestions. waise bhi koi zabardasti thodi hai bhai!

By the way, my dear friends, I purchased Himadri @Rs.134. It has hit upper circuit on the 4th consecutive day now.

Hey ppl (minus stockguru) I guess we should be thanking these guys for posting tips for every1s benefit. I am sure there is strong research behind these. As far as you are making money,who cares to find out?

Apni akal lagao, aur aam khao…gutli ginne ke liye stockguru kafi hai!

Happy Investing!

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rahul Said,
January 30th, 2006 @3:34 pm  

GOOD tip… Reliance Capital closed at 473..

A lesson for Mr. Stockguru..

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Rajiv Chand Said,
February 4th, 2006 @10:51 pm  

Ranbaxy is being rated as the strongest pharma company. The stock is being re-rated. The FY06 earnings, pipeline of new products including those awaiting FDA approval, aquistion in the European markets makes new horizons. One can expect a flare up of prices over the next 10 days. The 10 day target is 438.

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