Sensex

Thursday, February 04, 2010

[www.wavetimes.com - Elliot Wave tips] MULTIBAGGER.... Conart Engineers Ltd. at 37/- Target of 75/- & 155/-

 

MULTIBAGGER.... Conart Engineers Ltd. at 37/- Target of 75/- & 155/-

               
Conart Engineers Ltd  Trading in BSE at 37/-in B Group. (BSE Code- 522231) Target 75/- & 155/- for short term. Safe Investment at 37/- in Present Market situation because high value stock. Small Equity 3 Cr, Promoters Holding 50%, Huge Order Book in Engineering Services and Infrastructure Business,  Expected EPS 10/- for 2009-10. as per this PE only 3 for this industry average PE was 27 if we take minimum 10 it will go 100/- +++; Company having Good Reserves per share 50/-, expecting Bonus soon; and good land Bank in Mumabi. This stock worth up to 75/- to 155/- as per reserves and profits and company value. Company Doing Detail Engineering & Infra and Construction Services Like Engineers India Ltd and L&T Ltd and Relaince Infra Ltd;  Some good news coming out soon.

 

Surly its another Multibagger like Bihar Tubes Ltd (given call at 58/- Now 100/-), Ponni Erode Ltd (Given call at 58/- Now 165/-). Moldtek Plastics Ltd (Given call at 35/- Now 49/-) RPG Life Scince Ltd  (given call at 22/- Now 75/-), Navabharat Ventures Ltd (given at 120/- Now at 450/-) Oil country Ltd (given at 65/- Now 119/-) etc ……………….

                                                                                                                             

Very Valuable stock Conart Engineers Ltd  at 37/- current Market Situation; In this Market correction time Buy safe stocks like Conart Engineers Ltd  at 37/- EPS 10/-; PE 3;  Good Reserves and Bonus candidate and Good Business field.; So happily Buy at current price at 37/- and sell at 75/- to 155/- within Short period. Risk free investment at 37/-. Because Good Value Stock at 37/- Company Expansion Income and profits will come Next Quarter on wards.

 

Conart Engineers Ltd; trading in BSE at 37 /- in B Group. Daily accumulating company circle people. And Daily grabbing with Mumbai BIG BIG Bulls also because of  Now stock is available at very very cheep price at 37/- Expecting Annual EPS 10/- for 2009-2010, with PE 3 only. Normally in worst condition also PE will at 10 for this Industry. If we take 10 PE It will go Rs. 100/- +++. This Company is another Engineers India Ltd, L&T Ltd and Reliance Infra Ltd in Future.

 

Conart Engineers Limited is one of the leading companies involved in detailed engineering, procurement and construction of Industrial, Commercial, Residential and Infrastructures. The Company is backed by a qualified and experienced management, dedicated employees, adequate manpower and equipment resources, and an ISO 9000 certified Quality Management System.


The Company has a proven track record of successful project completions, several awards and recognitions, which has enabled it to maintain the existing clientele and secure new ones.

 

For Company Orders and clients in Detail Engineering and Infra and construction go in Company Website  www.conartengineers.com huge Orders in Details Engineering in Industrial and Infra Business This company go like Engineers India and L&T and Reliance Infra in Future. So in Future Multibagger Company…

 

Company having experience of over 30 years in the construction industry, Conart has employed these principles in striving to provide a consistently high level of client service.

 

Company Having Huge Orders in detailed engineering, procurement and construction of Industrial, Commercial, Residential and Infrastructures. This Company doing like Engineers India Ltd and L&T Ltd and Reliance Infra Ltd. In future 100% will go Multibagger Company.

 

 

This company has a great future. Even if we give a conservative P/E of 10 (Industry Avarage PE was 27), It should be trading at Rs. 100+ based on FY 2009-10earnings. So there is a long way to go. Investors with faith in Conart Engineers Limited   Management and having patience will definitely earn a lot.

 

Possitive Points for this stock for Up moving:

 

1)       Conart Engineers Ltd  trading at 37/- in BSE; Doing Very good Profit making company and Good Reserves and Good Business Detail Engineering in Industrial &Infra and Infra & Construction.

2)       Recently declared Good results . And Expansion NetProfit will add next quarter. Estimating EPS for 2009-10 was 10/- as per this PE only 3 if we take minimum PE 10 it will go 100/- ++++.

3)       Bonus Expecting this year because Huge Reserves and small Equity at 3Cr.

4)       Mumbai Bulls and Operators are accumulating at current price. Because Stock is available at very cheep price at 37/-; Compare to all stocks good value at present Market situation.

5)       Stocks available cheep Compare to  Huge Reserves and Huge Orders and Good Lands in Mumbai and Good profits and Good Business Fields in Engineering Services and Infra and Construction.

6)       Some good News coming out soon.

7)       This Company doing Business like Engineers India Ltd and L&T Ltd and Reliance Infra Ltd, Its small Equity Stock and good business Growth in Future in Detail Engineerng, So in Future 100% sure to go Multibagger Stock.


Enter current price at 37/- Short term Target 75/- & 155/- for Medium Term; Good Fundamentals.
Happy Investing...

BIGBULLS

MUMBAI


__._,_.___
*************************************************************************
http://www.sathyamurthy.com/finance
http://www.sathyamurthy.com/auto

Excellent Elliot wave analysis for FREE from experienced NRI multinational banker based outside of India - http://www.wavetimes.com (A MUST VISIT)
**************************************************************************
.

__,_._,___

No comments: