Buy NMDC@101.20 for next 3-5 yrs: Its might create huge wealth.
NMDC is one of the profit making Navaratna PSU with huge cash reserve and biggest iron ore extractor in the world.
NMDC planned for buy back it's shares(20%) at 94 Rs, which will be over by 19th Aug 2016,which is going to increase EPS of the company.
NMDC planned to increase its sales by 21% to 35MT in current fiscal. Iron ore prices around the world started rebounding, which is going to increase its profit significantly.
Apart from that NMDC got license to mine gold and diamond, which might re-rate this company going forward.NMDC plans to invest Rs 40,000 crore over eight years to achieve a target of 100 MTPA iron ore production.The firm will invest in developing new mines, steel plant (Nagarnar), Legacy Iron ore company (Australia) and a slurry pipe line 9 from (Kirandul to Vizag),
among others
Buy Delta Corp in the range 110-125:
Delta Corp has unique business of casino in India, which has the maximum licenses of Casino in India.
Delta Corp started giving good result from last 2-3 Qtrs, with life time best result of June 2016, where its margin is 34+%, which is industry best.
Delta Corp also got new license for Ship based Casino in Goa and also at Sikkim. Which is going to accelerate its top and bottom line in a significant way.
It's Daman Casino plus resort is ready, waiting for the license. One it get that, its sales and profit is to grow exponentially.
It's debt may be around 200 Crs, but it's stake in Advani Hotels(Goa), it's planned to sell going to fetch 250-300 Crs.
Considering all these things, I can easily see there is a huge potential for Delta Corp for next 1-4 Yrs time frame.
NMDC is one of the profit making Navaratna PSU with huge cash reserve and biggest iron ore extractor in the world.
NMDC planned for buy back it's shares(20%) at 94 Rs, which will be over by 19th Aug 2016,which is going to increase EPS of the company.
NMDC planned to increase its sales by 21% to 35MT in current fiscal. Iron ore prices around the world started rebounding, which is going to increase its profit significantly.
Apart from that NMDC got license to mine gold and diamond, which might re-rate this company going forward.NMDC plans to invest Rs 40,000 crore over eight years to achieve a target of 100 MTPA iron ore production.The firm will invest in developing new mines, steel plant (Nagarnar), Legacy Iron ore company (Australia) and a slurry pipe line 9 from (Kirandul to Vizag),
among others
Buy Delta Corp in the range 110-125:
Delta Corp has unique business of casino in India, which has the maximum licenses of Casino in India.
Delta Corp started giving good result from last 2-3 Qtrs, with life time best result of June 2016, where its margin is 34+%, which is industry best.
Delta Corp also got new license for Ship based Casino in Goa and also at Sikkim. Which is going to accelerate its top and bottom line in a significant way.
It's Daman Casino plus resort is ready, waiting for the license. One it get that, its sales and profit is to grow exponentially.
It's debt may be around 200 Crs, but it's stake in Advani Hotels(Goa), it's planned to sell going to fetch 250-300 Crs.
Considering all these things, I can easily see there is a huge potential for Delta Corp for next 1-4 Yrs time frame.
No comments:
Post a Comment