ROCKET STOCK.... SPEL SEMICONDUCTOR LTD At 17.7/-; TARGET 29/- & 45/-
BUY "SPEL SEMICONDUCTOR LTD ". At 17.7/-; TARGET 29/- & 45/-
4th Quarter Results will be announcing on May 3rd ; Results Expected to be Great.. Markets Expecting EPS will 4.5/- (Annulized) PE just 4 Average PE for this Industry 18 as per this stock will zoom to 29/- minimum after Results.
SPEL SEMICONDUCTOR LTD Trading in BSE at 17.7/-in B Group. (BSE Code- 517166) Target 29/- & 45/- for short term. Safe Investment at 17.7/-. Face Value 10/-; Company having good Fundamentals and good Financial background and Good Managament and Company having good International prestigious Clients from UK, USA, Erope, Denmark, Canada, Spain, Germany, France, Italy and Holland.
And in Market rumors also Promoters Stake is 57% planning to sell at 29/- soon to Big company… In this market Safe investment for this Stock at 17.7/- With target of 29/- & 45/-.
3rd Quarter already company Announced 300% up Net profit at 2.42 Cr and 4th Quarter will Annonce 3rd May Expecting Net Profit will zoom 400% at 3.9 Cr with Annualized EPS 3.5/-
See My last 6 Months Fundamental calls 1) SE Invest given at 185/- Touched 800/- 2) Bihar Tubes Given at 57/- Touched 127/- 3) IFCI given at 42/- Touched 57/-4) Gujarat Borosil Ltd given at 11/- Touched 17/- 5) VIKAS WSP given at 21/- Touched 35/- 6) Techtran Poly given at 12/- Touched 25/- 7) SURYA PHARMA given at 90/- Touched 187/- 8) SANJIVANI PARENTAL given at 23/- Touched 65/- 9) PONNI SUGARS given at 57/- Touched 1502/- 10) RPG LIFE SCINCE given at 23/- touched 78/- 11) EASTERN SILK given at 14/- touched 19/- 12) Comp-U-Learn given at 5/- Touched 35/- (7 times return). 13) Moldtek Plastics given at 32/- Touched 63/- 14) Sathvahana Ispat given at 17/- Touched 53/- 15) Celestial labs guven at 13/- Touched 43/- 16) Navabharath given at 130/- Touched 435/- 17) Compact Disc given at 39/- Touched 94/- 18) Dena Bank given at 35/- touched 85/- 19) Vijaya Bank given at 23/- Touched at 53/- 20) Hotel leela given at 23/- Touched 53/- 21) Hyderabad Industries given at 237/- Toched at 635/- 22) Infotech Enterprices given at 127/- Touched 400/- 23) Natco Pahrma given at 47/- many times Now Toched 175/-
SPEL Semiconductor Limited is India's first & only Semiconductor IC Assembly & Test facility. SPEL pioneered the Outsourced Semiconductor Assembly & Test Services (OSAT) market in India and continues to steadily do so. SPEL is a trusted & strategic contract manufacturing partner for many of the world's leading Semiconductor companies.
SPEL initially supplied to the domestic market. SPEL soon acquired the expertise to serve the global market. SPEL's Customers are some of the biggest Integrated Device Manufacturers (IDMs) and Fabless Companies in the United States and Asia. SPEL offers Packaging Technology for Semiconductors used in diverse end-market applications including Communications, Consumer Electronics and Computing.
SPEL provides full turnkey solutions that include Wafer sort, Assembly, Test and Drop-shipment services which help Customers accelerate time-to-revenue for their new products. SPEL also offers value added services such as Package Design, Failure Analysis and Full Reliability Test, Test Program Development & Product Characterization.
With its manufacturing facilities near Chennai, SPEL has 600 employees and offers more than 100K square feet of manufacturing space. SPEL is certified for the ISO 9001:2000, ISO 14001:2004, & TS 16949:2002
SPEL Semiconductor Limited, Indias first & only semiconductor IC Assembly & Test Company, was able to maintain its revenues stream in spite of the present global economic scenario. Announcing its unaudited results for Q3 FY 09-10, SPEL reported sales of Rs 22.09 Crores ( 14% growth in rupee terms compared to same period last year) with a PAT of Rs 2.42 Crores (Rs.3.87 lakhs for the same period last year FY 2008-09). The performance during Q3 FY 2009-10 improved due to increased sales coupled with the Industry stability. And Quarter 4 Results will declare May 5th Expecting Turnover is 35 Cr and Netprofit 5 Cr because from the last Quarter company growth is very very good. So last Quarter results will be very very good.
While the Global Semiconductor Industry showed negative trend, SPEL surged ahead with a positive growth during 2009. The recession created a vacuum for new products and technologies which in turn creates a growth market. The inventory burn and lack of orders have created a huge backlog for customers and suppliers in general and they aim to attain sufficient inventory levels for all their customers as demand continues to grow.
Management had introduced various Cost and Energy saving measures during the previous quarter. These have started producing results during this Quarter itself. Due to these proactive approaches SPEL has been effective in riding the recession wave and emerge out of it with negligible impact.
According to many industry experts in the Semiconductor industry, the year 2010 would see an industry growth of around 10% to 14% while some predict growth as high as 22%. In any case, the industry is gearing itself to start the New Year with a positng to market firms Gartner & WSTS, the semiconductor industry saw a decline of 11.4% in 2009 reaching to US$226 Billion. With the first signs of recovery starting in November 09, Industry is poised to grow 12.2% in 2010 reaching revenue of US$ 249.6 Billion and continuing into 2011 with a CAGR of 2.8%.
To tap this opportunity SPEL has invested, from internal generations, Rs.7 Crores during FYQ3. This will increase the annual capacity by 27 Million units and will yield additional annual revenue of Rs. 8.5 Cr. This will soon be followed by another major capacity expansion with investment of about Rs. 26 Cr.
As per this total value per stock is nearly 35/- above. Stock Trading at 17/- is very cheep Price. As per this Minimum Stock Price will go to 29/- +++ in future minimum. But I will tell definitely Stock Value is More than 45/-++++++++
Share Holding Pattern:
Promoters : 57.5%; FII's 2.5%; Corporate Bodies : 4%; Public only 36%
This company has a great future. Even if we give a conservative P/E of 10 (Industry Avarage PE was 18), It should be trading at Rs. 29+ based on FY 2009-10earnings. So there is a long way to go. Investors with faith in SPELS management and having patience will definitely earn a lot based on Value of Stores and Global Brands and Profits.
Possitive Points for this stock for Up moving:
1) SPEL SEMICONDUCTOR LTD trading at 17.7/- trading in BSE Company Stocks not participated for recent Rally; Now Its good bet to Buy because of Company giving good IVth Quarter Results on May 3rd. Best Time to Buy at 17.7/- with Target of 29/- & 45/- Short time.
2) Mumbai Bulls and Operators are accumulating at current price. Because Stock is available at very cheep price at 17.7/-; Compare to all stocks good value at present Market situation. Good Profit making company; company Annonced good Net Profit in 3rd Quarter and Expecting 4th Quarter results is Great at EPS 4/-
3) FII's are interesting to invest because Company having good Value and Promoters Holding 57%.
4) Company Projected EPS for 2009-2010 is 3/- and 4th Quarter results Expected EPS was 3.5/- (Annualized)
5) 10/- Face Value stock Available at 17/- with EPS 3.5/- and Good Fundamental Company. No risk at Present rate at 17.7/- with target of 29/-
Enter current price at 17.7/- Short term Target 29/- & 45/- Strong Fundamentals.
Happy Investing...
BIGBULLS
MUMBAI
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