CDB:X looks attractive to me....

lion · 1 CDB:X looks attractive to me.... Sun Dec 30, 2012 10:54 pm

lion

Manager - Equity Analytics

Posts : 129
Equity Stars : 5208
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Join date : 2011-02-08

	six months ended 30 sep 2012	six months ended 30 sep 2011
Growth in Net interest income	754,829,639	551,818,837	36.8%
PBT & financial VAT	308,853,847	277,076,413	11.5%
PAT	245,518,760	241,201,993	1.8%

Book Value	45.67
Price of Non vonting	30.5
PBV	0.67

min EPS for 2013	12.00
Leading PE	2.5

EPS 2012	13.1
Trailing PE	2.33

DPS	2.5
DY	12.2

Reasons for X than N

Illiquid (8 Mio shares) - strong/ quick potential for up side.
Most of the share holders are long term investors
Trading below the initial issue price of Rs. 45.00

Hi friends, above is a basic analysis of CDB:X (non voting). based on the fundamental analysis I think this share is really undervalued in the market. Without providing further analysis or justifications I would like to get the comments of the forum members.

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Light of Hope · 2 Re: CDB:X looks attractive to me.... Mon Dec 31, 2012 8:02 am

Light of Hope

Vice President - Equity Analytics

Posts : 1014
Equity Stars : 6087
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Join date : 2011-04-04

It is undervalued as most of the shares now. Could give considerable returns on the long term.

I can remember X was trading well above the N price, sometime back