*Last Qtr EPS is Rs 10.69 (Without Capital Gains) when annualized it's about Rs 42.76
*June Qtr Capital gain gives additional Rs 7 of EPS and Next Sep Qtr would gives at least Rs 1.32 by SHL Disposal.
*Total estimated EPS for 2011/2012 financial would be Rs 51.
*Since capital gains are very usual for Cars. So we can consider them also for valuations.
*If ASI is up in this month they will further have capital gain from Investments.
*It is acceptable minimum of 25 PER for Cars.
*If so it can be valued up to Rs 1277 under 25 PER.(With Capital Gain) or
*It values up to 1070 under the recurrent PER.
*That's mean this silent giant is now trading @ 12 PER and became a hidden Jem.
Being the parent company of CARS, BUKI is also potential to run 1500 level.
Their expected EPS for 2011/2012 year is Rs 68. So trading @ 16 PER.
Think why Mr.Selvanathan collected 120,000 shares in last few weeks.
Due to restructuring in their Palm Oils Companies, their Forward EPS and PEG Ratio
should be more positive.
So. KIT..as they both might suddenly awake and start running.......
Comments are well come...