But we now should have a better idea with Sept results out and considering a probable lower interest regime with no bank credit limitation as before.
There seems to be talk in the forum about re/entering market now. Undervalued , most undervalued are words I see a lot. Maybe without multiple posts maybe we can use this topic to start discussing about shares.
NAV and PE only? A Discussion :
Nowadays Usually research reports and investors tend to value shares on PE and NAV.
Here is a thought . How about if we redefine the word " most undervalued".
( now am talking about investing and not trading okay)
What about considering PE , NAV but also decent dividend , growth , future cash generation and retail play?
Please list your share and SAY WHY. The categories you can post are
Category 1: Based on NAV , PE , decent dividend, future cash generation , retail play ( investing or trading)
Category 2: Based on technical trends ( for trading )
Category 3: Based on speculation/rumor. ( for trading )
Please cleary SAY WHY and any other useful; info.
Okay le me start :
Category 1 : TFIL. PE about 5. March 31 NAv should be about 12. Next year Dividend can be above .Rs 0.8 . Still small fin company. Few branch addition can make them grow Eps by big margins. In a run this moves fast. We seen this several times . IPO price Rs 20
Category 3: Based on speculation. What about BFL. December/March usually stronger quarters for them. Chicken price increase . Incentives from budget. Have access to local grain through sub. trading 1/3 high price.