Win Win wrote:
Win Win wrote:With Q2, best run for DIPD will be happened..
Until that, expect minimum 30% appreciation. Recently, this share were highlighted for most of one !! Therefore, highly probable to exceed our expectations !! Everyday, good collections are reported. If one fund tends to collect, this should go up its max. between industry PE and Market PE
Est.Price based on Industry PR Rs.1,530
Est. Price based on Market PE Rs.899
So, no wonder if DIPD price will raise and consolidate above Rs.500 before Q2 in Nov 1st Week !!
Focus on Value !!
Please explain how HAYC investment in DIPPED shares impact on HAYC.
HAYC is holding 6.80% of DIPPED, no of DIPPED shares holding by HAYC is 4,068,746/= at cost around 76/= per share. Since DIPPED price is going up, HAYC has big benefit of this too. Therefore, we should consider this gain on the investment on HAYC balance sheet.
HAYC will record Rs.16.40 gain for Q2 and it will be considered as other comprehensive income, But the impact will not reflected by EPS of the company immediately. HAYC has Rs.14.38 gain upto the date for 3rd Q. If DIPD reaches Rs.550 in Q3, Rs.44.08 gain will be achieved by HAYC only from the investment.
These gains can be real gains for the company even it is not reflected in EPS, but can realize in Future on Solid Financial Assets like DIPD!!
However, HAYC can record more than Rs.100 EPS for 2020/21 FY without the gain from above investment.
Therefore, DIPD & HAYC will be the most valuable shares.
I have estimated the expected EPSs of DIPD & HAYC for Q2 as above Rs.25 & Rs.40 respectively. When consider the future prospect, DIPD has the batten to grow their business rapidly with the Mix of Glove & Tea markets & demand and spanning in the World. I really believe, DIPD should had done new investments to grab more opportunities and will create a superb financial performance more than Q2 which will be very impressive !!
As per the my early comment, DIPD price should be above Rs.540/+ when compare to other stocks in the market HAYC should touch Rs.650 target. Further, both companies will give a reasonable dividends in this FY DIPD RS.20 & HAYC Rs.34
With the above expectations, I disposed my PARQ shares yesterday and invested DIPD !!
I believe DIPD price should increase more times than EXPO did (totally 10 times) with achieved and more potential & rapid business growth !!
Further, I like to share few valuable investments at the present market as per the my view (Not full list) for the benefits of participants who seek a direction !! Own workings will be justified your risk on your money !!
I am suggesting PARQ as a good investment and other hand, I disposed PARQ and invest in DIPD. Try to understand the Value of DIPD !!
Finally, refer following comparison
Stock Estimated Act EPS Current Mkt Price
EPS FY20/21 FY19/20 Mkt Price 30th June 20
EXPO 4.09 (0.38) 18.70 3.20
DIPD 90 12.50 330.50 104.00
EXPO estimated EPS shows an impressive increase by 447% while the Current Market Price gave 584% appreciation compare to 1Q end.
DIPD estimated EPS shows an impressive increase by 720% while the current market price gave 317% appreciation compare to 1Q end..Share EPS Increase Share Price Increase
EXPO 447% 584%DIPD 720% 317%No evidence is needed to justify expected price appreciation of DIPD beyond the increase % of EXPO Price in Short Term !!DIPD Price will increase by hundreds in near future !!Focus on the Value !!