BUY SPL IND 21.5
*NSE CODE SPLIL / BSE CODE ( 532651 )*
TGT 23/25/27+++
π₯ BOOK VALUE 39
52 WEEK HIGH 51
52 WEEK LOW 19.7
MARKET CAP 62CR & REVENUE 156CRπ₯π₯π₯πππ
EPS 2018/19 9.37π₯
EPS FOR 9 MONTHS 8.26 π₯π₯π₯
PE 2.25 π₯π₯π₯
PROMOTER HOLDING 68.73πππ
SL 17.5 ON CLOSING BASIS IF YOU WISH
WILL NOT FOLLOW ANY SL IN SUCH COMPANY LISTED IN NSE / BSE
β FIND NOW VALUE BUY COMPANY
PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING MY IDEA IS ONLY FOR EDUCATION PURPOSE
*NSE CODE SPLIL / BSE CODE ( 532651 )*
TGT 23/25/27+++
π₯ BOOK VALUE 39
52 WEEK HIGH 51
52 WEEK LOW 19.7
MARKET CAP 62CR & REVENUE 156CRπ₯π₯π₯πππ
EPS 2018/19 9.37π₯
EPS FOR 9 MONTHS 8.26 π₯π₯π₯
PE 2.25 π₯π₯π₯
PROMOTER HOLDING 68.73πππ
SL 17.5 ON CLOSING BASIS IF YOU WISH
WILL NOT FOLLOW ANY SL IN SUCH COMPANY LISTED IN NSE / BSE
β FIND NOW VALUE BUY COMPANY
PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING MY IDEA IS ONLY FOR EDUCATION PURPOSE
JP Power: ICICI Bank/other banks are Promoter
JP Associates is now only a shareholder of JP Power. ICICI Bank with 13.30% stake as Lead Banker and other Banks ( total 49% stake) are real Promoter and CEO reports to these banks
JP Power not a penny stock. Real meaning of a penny stock is when Company has no biz and/or does bogus billing. Whereas JP Power is 100% genuine Company with FULLY OPERATIONAL POWER PLANTS/DECENT EBIDTA
JPPOWER: Fundamentals
*In March, JPPOWER has redeemed 9.5% Non convertible cumulative Preference Shares* which proves that JPPower financials have stabilized
FY18. FY19
*Ebidta/Cr. 1360. 1374*
MKTCAP only 500 Cr
β Debt reduced from 11161Cr to 5826Cr
β *Annual Finance cost to come down to 550Cr from 1500 cr*
βInterest Cost savings will add directly to bottomline
β Net Fixed Assets 14840Cr
β Capital Employed 15700Cr
β *BV Rs 16.21. Stock tdg @ 0.045xBook*
Replacement Cost:
Thermal-1820mw*8Cr=14560Cr
Hydel-400mw*10Cr=,4000 Cr
Total - 18560 Cr
Net Value- 18560-5826=12734 Cr
Value per Share ~ Rs 20
Reason for fall in stock price:
1) Last year, ICICI Bank had gone to NCLT. In majority of NCLT cases, equity is reduced/written off upto 99%. Hence investors stampeded to exit at any price due to fear of equity write off. *Now ICICI Bank has withdrawn from NCLT*
2) In Q3, JPPower showed loss of 3400Cr. However there was one-time write-off of 3000Cr. Without One-Off, Loss would have been 125 Cr
Debt restructuring will lead to 2000 cr Write back which will strengthen its Networth
TP Rs 15 (18x) in 2 years
JP Associates is now only a shareholder of JP Power. ICICI Bank with 13.30% stake as Lead Banker and other Banks ( total 49% stake) are real Promoter and CEO reports to these banks
JP Power not a penny stock. Real meaning of a penny stock is when Company has no biz and/or does bogus billing. Whereas JP Power is 100% genuine Company with FULLY OPERATIONAL POWER PLANTS/DECENT EBIDTA
JPPOWER: Fundamentals
*In March, JPPOWER has redeemed 9.5% Non convertible cumulative Preference Shares* which proves that JPPower financials have stabilized
FY18. FY19
*Ebidta/Cr. 1360. 1374*
MKTCAP only 500 Cr
β Debt reduced from 11161Cr to 5826Cr
β *Annual Finance cost to come down to 550Cr from 1500 cr*
βInterest Cost savings will add directly to bottomline
β Net Fixed Assets 14840Cr
β Capital Employed 15700Cr
β *BV Rs 16.21. Stock tdg @ 0.045xBook*
Replacement Cost:
Thermal-1820mw*8Cr=14560Cr
Hydel-400mw*10Cr=,4000 Cr
Total - 18560 Cr
Net Value- 18560-5826=12734 Cr
Value per Share ~ Rs 20
Reason for fall in stock price:
1) Last year, ICICI Bank had gone to NCLT. In majority of NCLT cases, equity is reduced/written off upto 99%. Hence investors stampeded to exit at any price due to fear of equity write off. *Now ICICI Bank has withdrawn from NCLT*
2) In Q3, JPPower showed loss of 3400Cr. However there was one-time write-off of 3000Cr. Without One-Off, Loss would have been 125 Cr
Debt restructuring will lead to 2000 cr Write back which will strengthen its Networth
TP Rs 15 (18x) in 2 years
| Result Today |
Biocon , Tata Global Beverages , Manappuram Finance , Indian Energy Exchange , Zensar Technologies , Accelya Solutions India , TV Today Network , Shree Digvijay Cement Company, California Software Co., Datamatics Global Services, Escorts, Indiabulls Real Estate , Mahindra Epc Irrigation, Mahindra Lifespace Developers, M.B.Parikh Finstocks, Oracle Financial Services Software, Shree Digvijay Cement, Yash Trading & Finance
Biocon , Tata Global Beverages , Manappuram Finance , Indian Energy Exchange , Zensar Technologies , Accelya Solutions India , TV Today Network , Shree Digvijay Cement Company, California Software Co., Datamatics Global Services, Escorts, Indiabulls Real Estate , Mahindra Epc Irrigation, Mahindra Lifespace Developers, M.B.Parikh Finstocks, Oracle Financial Services Software, Shree Digvijay Cement, Yash Trading & Finance
Apollo micro systems is out of ASM and make in India push is very positive for this company. Accumulate at any dips. Soon it can go high. CMP: 75.55
Apollo micro systems up from 75 to 88 in a single day. Target: 100 soon to be seen. Investors can hold on for targets 125/140 in a short term.
There are 2 ways to trade.
1. Focus on Fundamentals Analysis (News Based)
2. Focus on Technical Analysis (Price Action)
I focus mostly on TA, and consider FA only if I see something positive on charts based on news. If you get any news based call, just take few minutes to check charts and see price action too.
β If you are not sure of any trade, JUST DON'T TRADE - No matter its 3-5-or 7 days. You can also do paper trading on Tradingview.com and see if your strategy works or not.
1. Focus on Fundamentals Analysis (News Based)
2. Focus on Technical Analysis (Price Action)
I focus mostly on TA, and consider FA only if I see something positive on charts based on news. If you get any news based call, just take few minutes to check charts and see price action too.
β If you are not sure of any trade, JUST DON'T TRADE - No matter its 3-5-or 7 days. You can also do paper trading on Tradingview.com and see if your strategy works or not.
Stock Research
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We are not sebi registered.
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Do your own research
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We are not sebi registered.
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We are not sebi registered.
This channel is just for Educational
https://t.me/Stocks_Research
π€π€π€Who are interested in stock marketπ΅π΅π΅π΅π΅those person only can be here. Others please left group if not interested. π€π€π€ Please do your own research before buy or sell any stocks.
We are not sebi registered.
This channel is just for Educational
https://t.me/Stocks_Research
Telegram
Stock Research
This is totally free channel
π€π€π€Who are interested in stock marketπ΅π΅π΅π΅π΅those person only can be here. Others please left group if not interested. π€π€π€
We are not sebi registered.
This channel is just for Educational
Do your own research
π€π€π€Who are interested in stock marketπ΅π΅π΅π΅π΅those person only can be here. Others please left group if not interested. π€π€π€
We are not sebi registered.
This channel is just for Educational
Do your own research
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Buy Vodafone idea for long term as tech giant is planning to enter in telecom industry and 5%stake in Vodafone
