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Indo Borax - Indo borax - Follow Thread
( 33 days ago ) |      
  vijay9331  603 followers
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Vijay Sir : We all search opportunities with limited capital. With this view, we try to save ourselves from recurrence of mistakes. Sir, HLE trading 4X the Industry P/E. I cant dare to enter. On Friday, was willing to enter BEW but its mkt lot didnt allow me. However, if circumstances permit, will take little position in GMM. Am bullish for 10000 by March. ( 27 days ago ) |      
  Dewanand  91 followers
Reposted 27 days ago by lincolnpcoelho
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Dew yes, its better to go for GMM . Still time is there and other investments give yield, now. Shall enter GMM, may b few shares at proper time. Thanks ! ( 27 days ago ) |      
  vijay9331  603 followers
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Lincoln Sir : Recently listed in glasscoat business BEW Engineering IPO 6.84 lacs shares (FV 10/-) 58/-, listed on 127/- continuous US CMP 140UC( lot size 2000 shares) . FY 20-21 Rev. 59cr NP 2.36cr, eps Rs.15.63 looks good being 3rd player in this field. ( 27 days ago ) |      
  Dewanand  91 followers
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Lincoln Sir : Absolutely correct. HLE on the same footing of GMM. GMM in partnership for 150cr and HLE boughtTheletac(German) for 100cr, Revenue INR 200cr NP10cr (same 5%as in Pfaudler). Abroad margin is thin, this being labour intense(40% labour whereas In India labour outgo 20%). No doubt HLE will be able to deliver EPS say Rs 45-50 (FY 20-21 Rs 38/-). Am expecting GMM too to turnaround this qr., may surprise us. Present valuation looks attractive. ( 28 days ago ) |      
  Dewanand  91 followers
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