Tuesday, September 7, 2010

CONART ENGINEERS LTD -WATCH IT


Conart Engineers is a Mumbai based construction company
specializing in Industrial, Commercial, Residential  projects
and roads and bridges. Even if the company is performing
well for the past many years ,it is ignored by the stock market.
Companiy’s client list includes well known names like
Alstom Projects,ABB,Advani Oerlicon, ABS Industries,
Camlin,Glaxo,Apollo Tyres..etc. Company is managed by
well experienced Engineers from ‘Sura ‘ family. For the last
financial year ,company posted a turnover of Rs .27 Cr , a net
profit of Rs.1.6 Cr and an EPS of Rs.5.5. Its order book is
above Rs.50Cr currently. After a long interval ,company has
declared a dividend in this financial year.
Currently it is trading with a market cap of just  8 Cr.
Considering the potential of the sector and experience
of promoters ,true investors can Buy below Rs.25 for
reasonable return in long term.CMP is Rs.28/-

25 comments :

  1. dear sir
    kindly advice me on one of the stock recommended by you kopran is it still a buy,but the prices havent changed much from the recommended price any reason pls advice can i buy for long term

    thanks

    ReplyDelete
  2. Valueji

    Thanks for your tip on ArunJyothi .It is up 30 rs in 5 days .shall i book profit ?

    ReplyDelete
  3. dear sir,
    my suggestion to you, once in a while can you pl give the recommneded shares which have not gone up after recommendation, so that fresh buys can be initiated.
    thanks

    ReplyDelete
  4. Dear Gopi

    Sure,will do it in two weeks.

    ReplyDelete
  5. Seems to be cheap...wonder why the promoters are selling every now and then...promoters have sold a small qty of 3000 shares over the last 4 qrts..

    ReplyDelete
  6. Vimal oil moved 10% up today
    Thank you
    JK

    ReplyDelete
  7. Dear Sir,

    I have Conart Engineer in the price of 36. Should I hold or book loss?

    ReplyDelete
  8. dear sir
    kindly advice me on one of the stock recommended by you Techtran polylenses is it still a buy,but the prices havent changed much from the recommended price any reason pls advice can i buy for long term.

    thanks

    ReplyDelete
  9. Hi Valuepick, have been reading ur blog for long, though have not bot any scrips till now. today, i wanted to give u an appreciation - for all the work u do, to somehow bring up a value share for us small investors. How do u manage that? 100 bouquets to you for this work and pl continue doing this. some day i shall surely buy and let u know too.

    not many people do this kind of work for free and wanted to pen down a note just to appreciate your work.

    thanks.

    ReplyDelete
  10. Dear Anonymous
    I can't understand your question on Conart.What is the relevance of asking 'whether to book loss' ??? ,after reading the BUY call.Please don't waste time.

    ReplyDelete
  11. Techtran poly may consider ,if you have a long term view. Effect of change in management is expected to visible after they take full control and it will surely take reasonable time.

    ReplyDelete
  12. nice reply valuepick ji :-), hehe , he was asking you whether to book loss after seeing your recommendation for buy!! What a PJ it was haha

    ReplyDelete
  13. Dear Valuepick,

    I have a small request, If you can also post NSE scripts as well. It would be really great as i am not doing any trading in BSE so can't really enjoy your picks :(..please help..

    - Jitesh

    ReplyDelete
  14. Hi VALUEPICK,
    After rocking for couple of days Vimal is suddenly down by 7% today.Please educate us about this volatility.

    - Reddy

    ReplyDelete
  15. dear sir,

    is there any development in jk agri court case ?

    gopi

    ReplyDelete
  16. Dear Valu Pick,

    Please give your views on

    Cerebra Integrated Technologies

    Regards,

    Sandeep

    ReplyDelete
  17. Dear Mr.Reddy
    Profit booking,correction,consolidation..etc are part of stock market.Don't expect one way movement only ,after we purchase a share.

    ReplyDelete
  18. This comment has been removed by the author.

    ReplyDelete
  19. Dear Gopi

    As per the last info from company ,it again postponed .But ,due to better monsoon compared with last year ,next qtr result may be better than same time last year.

    ReplyDelete
  20. Dear Sandeep

    Sorry,Not tracking cerebra

    ReplyDelete
  21. Dear Valuepick,

    I have a small request, If you can also post NSE scripts as well. It would be really great as i am not doing any trading in BSE so can't really enjoy your picks :(..please help..

    - Jitesh

    ReplyDelete
  22. Dear Jitesh

    First consideration is for scrips than exchange

    ReplyDelete
  23. I understand this sir, Could you please let me know where i can find all the stocks info which trade in NSE?

    ReplyDelete

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