Buy Orissa Mineral Development Corporation Ltd BSE Code:590086 for target of Rs 50,000 Equity: 60 lacs (only) Book Value Rs 12500 per share EPS: Rs 3000 per share Free floating in market 15-16% Goverment of India Company Total Value of its mines Rs 1-1.25 Lac Crore Current Year Sales expected at Rs 300 crore and net profit of Rs 170-200 Crore Current Year EPS Expected at Rs 3500 PE Ratio of 15 means Share price to touch Rs 50,000 Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. --- On Tue, 8/17/10, arun dhm <arun_dhm@yahoo.com> wrote:
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http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
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NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
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