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Auto parts stocks
Recommendations
10 June 2010

This stock promoted by the car major is a great buy at CMP Rs. 70 which discounts the FY 2009-10 EPS of Rs. 10 by just 7 times. With the increasing car sales, the stock is all set to report a EPS of Rs. 18 in next 2 years. This makes it an ideal SIP candidate with a price target of Rs. 150 in 2 years.

Updates
By advisor on 18 Aug 2010 -

Stock at 79. Place sell orders for 25% of your holdings at 84.

By advisor on 12 Aug 2010 -

This is a 8% weigt stock. Now available near recommended rate. New members can start buying this now. SIP can also be considered.

By advisor on 01 Aug 2010 -

Add 1% again. Total weigtage 8% now. New members can start by buying for 4% under 73 and add 1% each on declines to 70/-

That is we should be accumulate on declines mode till weigtage reaches 8%.

By advisor on 27 Jul 2010 -

Stock available at 75. Try adding 1% (Total 7%) weigtage at 73-75 range.

You can also decide to SIP this stock for 1% weigtage each month.

Cash EPS is a whopping Rs. 27 and TTM EPS is Rs. 11. This is discounted just 7 times.

I expect an EPS of Rs. 12 for FY 2010-11 and Rs. 16 for FY 2011-12.

At 10 PE Ratio, stock should easily quote at Rs. Rs. 160 in next 2 years.

Buy Buy Buy

By advisor on 26 Jul 2010 -

Q1 results show 28% growth in sales and 65% raise in net profit on YoY basis. TTM EPS stands at Rs. 10.72 which discounts the current market price of Rs. 77 by under 7 times.

Hold tight for a 1 year target of Rs. 120.

Even a 1% weigtage SIP can be done in this counter.

By advisor on 12 Jul 2010 -

Stock up 20% in a month. Hold tight.

By advisor on 22 Jun 2010 -

Buy this stock for another 2% at 73-74 range.

By advisor on 13 Jun 2010 -

Although stock is trading at 74+ in BSE, new members (including the the trial members) can try placing a buy order for 4% of your portfolio size at Rs. 71.50

 

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  Thanks for your all support.
I have buy goa carban and sell it in a week with gain of 3000 rupees.
thanks i am very happy with ur services pls guide me thanks.
- Hitesh khiraiya

Your predictions, rather recommendations are truly amazing. Hats off to you.
- Venkat, Mumbai
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