Hi EPS and GOWRI,@Gowri123 wrote:I believe the financial report will release after the 2nd week of May...@EPS wrote:EXPO is now in front of releasing its ever best annual financial statements before the 30th April.
I believe its price will start appreciating to its next level before the financials comes.
Recently, we saw many broker firms were did many research reports and given many targets.
Report from "Bartleet" has target as Rs.55/-
Also , with the year ending financials possible to declare its final dividend.
I believe compare to market PE, company earnings, growth of the company and its market expansions, EXPO should upgrade to its next level of close or around Rs.70/- (say between RS. 60 - 75 range), because I expecting annualized 7.5 EPS and have to trade 9 or 10 PE.
This is Not for BUY recommendation and have to monitor now onwards, whether this can achievable.
Other factor to consider.
seems now HAYL, DIPD,HAYC are already starts its price adjusting to match with their annual earnings. so, EXPO can be follow soon.
And "YES"..Expo going to post their record earnings for Q4...
Totally agree with it, it is time to move to the next level...
I also feel that EXPO should be a CONGLOMERATION where SL should proud where EXPO DYNAMICALLY CAPITALIZED C19 opportunity.
With the SUBSTANTIAL GAINS REALIZED by EXPO, they have INVESTED HEAVILY ON GLOBAL MARKET EXPANSION driving BUSINESS GROWTH.
Now EXPOs latest STRATEGIC INVESTMENT is MERGER and ACQUISITIONS in LOGISTICS WAREHOUSES which EXPO has STARTED IN USA. As per CEO COMMENTS, there are many MERGERS and ACQUISITIONS lined up for EXPO. Thus, we can EXPECT SUBSTANTIAL INCREASE IN NET ASSETS of EXPO in coming quarters
Therefore, on top of the HEFTY EARNINGS EXPECTATIONS together with the FINAL DIVIDEND, we can expect another improvement in NA LV in FINANCIALS of EXPO.