25/07/2015
My new stock p*k is
CMI
Lets talk about some fig of BS
Reserves from 10cr to 24 cr
Lonh term borowngs from 11 cr to 3 cr
Short term liab has incrsed to a lil bit. .as it constitues..provisions ..which will give a good result ahead..
Fixed asset from 5 cr to 8 cr
It has tax assets..
Loans nd adv are doubled from 66 lakhs to 1.33 cr
Current assets sides also incrsres.. Frm 63 cr to 84 cr
Promoters have 43%..although it is some less..but good part is it has no pledged.
Co has recntly recvf ordr of rs 25 crore from fire alrm nd plant comm.. On 29th june..
Which simply means it q2 and q3 results can be good..
Deliverables are 50%
Cmp on july 24 is 157
M holding it for a short term targt of rs 200
Lomg term 300
Long term players cn buy .short term can wait for some corctn..
I will buy on tuesday