Many thanks
Just check delivery % of cmi ltd and volume since 20 days. I don't know is there any operator internal news etc but I am sure about company performance posted last qtr expecting some news in coming time regarding new contract winner.
Last 3-5 days delivery % of stock is above 80%. May be promoter buying or any hni accumulating stock.
One should keep stock on track.
Disc: I am holding decent quantity of cmi my view may be biased so study before entering.
Thanks
Sagar POn Oct 23, 2016 10:08 PM, "mayuris mehta" <mayurismehta@gmail.com> wrote:----Thanks so muchMayuri Mehta
Sent from my iPhone*CMI LTD*
BSE CODE: 517330
FACE VALUE: 10Promoters have recently increased their stake by 2.5%.
CMI LTD is a front runner in high quality valued engineered cables with ISO 9001, ISO 14001 and OHSAS 18001 certified company.
Client base: Defense, ISRO, Siemens, Essar, GAIL, Tata Motors, Tata Steel, Motorola, Hindustan Petroleum, Bharat Petroleum, GETCO, Tamilnadu Elec Board, ICFL, Hutch-Vodafone, IFFCO, BSNL, Synergy Infra, Kalindee, The Linde Group, Indian Oil, Express Rail Link, Global Toyo, Bharat Electronics, ABB etc.
*GAME CHANGER*
CMI acquired General Cable Energy India Pvt Ltd a wholly owned subsidiary of USA based General Cable Corporation - a FORTUNE 500 company. This was a game changer event taking CMI to the different level or market leadership.
Just log in to cmi website one pop will be there where this new acquisition detail you will get.
CMI projects are spanning to United Kingdoms, Switzerland, Germany, Qatar, Sharjah, Dubai, Myanmar, Sri Lanka, Bangladesh, Senegal and many more...
Even one can expect some announcement from railway budget regarding some project relating to fibre work.
Product profile is unique all to gather in term of variety of product and uniqueness
From accounting aspect recent qtr was extremely well margin seems constant, while sales growth may be double in coming time.
Co has acquired subsidiary co by initiating debt but in such a way that balance sheet size will not affect. It mean balance sheet size increased more than double by increasing 50% debt.
Due to digitalization of india as a whole company's product is to be used in many projects.
For short term target one can expect minimum double from Cmp in a year time. Once sales pick up margin remains constant will effect directly to the earning per share.
Do your own analysis I am sharing my view.
Disc: I am holding few quantity of stock.
(Indian acrylics given at rs 6 in one year time frame it touch to 24 rs. One can make it cost free and hold remaining shares for multi return.)
Thanks
--
Sagar P
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com .
Visit this group at https://groups.google.com/group/longterminvestorsresearch .
For more options, visit https://groups.google.com/d/optout .
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com .
Visit this group at https://groups.google.com/group/longterminvestorsresearch .
For more options, visit https://groups.google.com/d/optout .
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com .
Visit this group at https://groups.google.com/group/ .longterminvestorsresearch
For more options, visit https://groups.google.com/d/optout .
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at https://groups.google.com/group/longterminvestorsresearch.
For more options, visit https://groups.google.com/d/optout.
No comments:
Post a Comment