Saturday, November 15, 2014

NEO CORP :- RESULT UPDATE

Dear friends,

  I have recommended NEO Corp @26 level , (OLD POST HERE )stock now trading @33 level,company posted stellar Q2 results,last years full years sales and net profit cross in just half years of 2014 EPS 6.55 compare to 5.9 in last full year. One can strongly hold this stock for further appreciation.Details of result HERE

8 comments:

  1. Hi

    Is it still a buy at current 52-week high level? Also, are you comfortable with the consolidated debt level - which is more than the net worth?

    Thanks

    ReplyDelete
    Replies
    1. If you have long term view then buy ,future prospects brighter.

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  2. Sir, Whats your say on below for neo corp. It is T segment of bse. Liquidity crunch.
    Promoter holding is low: 23.99%

    - Company has a low return on equity of 10.99% for last 3 years.

    - Promoters have pledged 69.08% of their holding

    ReplyDelete
    Replies
    1. Debit level is not alarms at this movement,company posting good earning q-q basis promoter pledge also reduced yoy basis. If promoter holding 75% and debit free company with 12 EPS stock are you get this price? Business model is good,company is profit making,In bull market this much is enough for stock up movement.This is only my view if you not satisfied then you free to skip this counter.

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  3. Sir, is SKM Egg still a buy at CMP? This is with a long term view. please advise. it is on continuous upper circuits.

    ReplyDelete
    Replies
    1. I have recommended skm egg @ 27.50 ,now stock trading @119.50 means 4 times higher then recommended price in just two month!, in stock market crazy is good but euphoria (operator game) is bubble.Think yourself in two months company fundamental changed this much? any stock hitting continues up circuit means cautious for small investors,who brought sub 40 to 50 level can hold they nothing to lose, in this price i think stock fully priced for short term.

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  4. Sir, thank you very much for ur reply. I think I will rather enter Dynemic Products as a good long term safe bet.

    ReplyDelete
  5. sir how much profit and what EPS do you think the company will report this financial year.14-15.skm egg
    thanks

    ReplyDelete