Happy Diwali to all the readers. I am buying OK Play India Ltd as Diwali Pick due to the following reasons:
> This stock is likely to do very well for many years to come as it operates in Toy Industry and with Indian Population and demanding children of today the company is likely to stay put.
> Reputed name and management inToy Industry.
> Worst is behind the company. Company posted loss in all the four qtrs of 2008. But it posted profit in first two qtrs of 2009. In mar 09 qtr, it posted a profit of approx 49 lakh rupees and in Jun 09 qtr it posted a profit of Rs 3.767 crores. But it has to be treated with caution as both these results are un-andited.
> Its all time high was Rs 170 approx and now it is at Rs 27 approx.
> As against the EPS of -6.5 for financial year 2008-09, it has posted 2.37 EPS for Jun 09 qtr.
> In the short run, if the Sep 09 qtr results are good, then it is likely to go to Rs 40. However, irrespective of Sep 09 results, investors with at least 1 year horizon are likely to benefit.
> This stock is likely to do very well for many years to come as it operates in Toy Industry and with Indian Population and demanding children of today the company is likely to stay put.
> Reputed name and management inToy Industry.
> Worst is behind the company. Company posted loss in all the four qtrs of 2008. But it posted profit in first two qtrs of 2009. In mar 09 qtr, it posted a profit of approx 49 lakh rupees and in Jun 09 qtr it posted a profit of Rs 3.767 crores. But it has to be treated with caution as both these results are un-andited.
> Its all time high was Rs 170 approx and now it is at Rs 27 approx.
> As against the EPS of -6.5 for financial year 2008-09, it has posted 2.37 EPS for Jun 09 qtr.
> In the short run, if the Sep 09 qtr results are good, then it is likely to go to Rs 40. However, irrespective of Sep 09 results, investors with at least 1 year horizon are likely to benefit.
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2 comments:
looking to talk to you.. don't have your number..
Scripscan:OK Play India Ltd
cmp:24
Code:526415
Story:OK Play India Ltd is a plastic product maker.Let me pen these note in a bit different way.Rather why I like the company.
1)As you all know I invest or suggest companies based on its entrepreneur"s mind.If an owner is visionary and dynamic with incredible skills in the business he runs,its certain that going forward the business would reap rich fruits for the shareholders.In these case,OK Play India Ltd is run by a dynamic guy named Mr Rajan Handa,a middle aged guy of 49.Google up his name and you would find his sucess stories.
2)Its a 40odd crs company which plans to be a 500crs company in the next 5 years.Calculate the CAGR.
3)Its a turnaround story reported 10crs loss last year,makeuped 8crs loss in the 1st quarter of these year.Should report stunning results in the present financial year.
4)Its the same company which last year touched at level of 150 before succumbing to the horrendous market fall.At present its quoting at a price of 24rs.
5)Expanding in a big way,a big beneficary of the ongoing retail boom.Scrip totally overlooked by the investor fraternity.With smallcaps in focus its sure to touch newer levels in the coming months.
Conclusion:Pedigree quality,owner"s vision,business prospects and outlook-These 3 aspects are the prime one based on which I pick and recomend stocks.I have got all these right in OK Play India Ltd.Looks to be a great buy.
Regards,
ARUN
http://www.arunthestocksguru.com/
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