COCR - silence of the COCR

Bolinger · 1 COCR - silence of the COCR Mon Dec 01, 2014 8:13 pm

Bolinger

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Friends,

After the dramatic turnaround from Friday, what are the good shares that did not appreciated ????

For me COCR is definate candidate for this criteria, still its hovering at less than 45....

I dont like this silence....

piras · 2 Re: COCR - silence of the COCR Mon Dec 01, 2014 8:23 pm

piras

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Bolinger wrote:Friends,

After the dramatic turnaround from Friday, what are the good shares that did not appreciated ????

For me COCR is definate candidate for this criteria, still its hovering at less than 45....

I dont like this silence....

Bolinger,
It's good thing you have started this thread. We really need to discuss about COCR.
It's a long waited stock even though they have done well in this quarter.
I also worry why it is silent?
Any experts...

Hawk Eye · 3 Re: COCR - silence of the COCR Fri Dec 06, 2024 10:44 pm

Hawk Eye

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First look at the EPS.

Every March Qtr they have reported a higher EPS above 10 for last 3 years

March -22 : EPS 16.41
March -23 : EPS 13.18
March -24 : EPS 18.19
March-25 : should be definitely above 18.19

The performance they have shown in September confirms that they will repeat it for December. The Gold prices in International market have sky rocketed. December festive season going to add some activity.

So if we take a rough projection for next 2 qtrs we can arrive at annual EPS..( some positive approach)

June -24 : EPS - 2.01
Sep - 24 : EPS - 14.46
Dec - 24 : EPS - 10.00 ( lets take a low value)
Mar - 25 : EPS - 18.19 (lets assume that it will not go below last year figure)

Annual EPS 44.66 - applying PE 5 = 223.3
Net Asset Value = 78.44

Lets look at the Revenue. Q2Q Revenue ,its increasing. Though the Gross Revenue for September decreased slightly ,on the other hand Interest Expenses have declined at higher rate, thereby increasing the net Interest Income. that itself contributed a a good 1.2bn for the Qtr.

Lets hope this will break the previous high first soon

geshan · 4 Re: COCR - silence of the COCR Mon Dec 09, 2024 4:04 pm

geshan

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HE,

You have taken the Sep 24 Q annualized EPS figure (actual figure multiplied by 4)

Can you recheck other details also pls

Thanks

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Hawk EyeFirst look at the EPS.

Every March Qtr they have reported a higher EPS above 10 for last 3 years

March -22 : EPS 16.41
March -23 : EPS 13.18
March -24 : EPS 18.19
March-25 : should be definitely above 18.19

The performance they have shown in September confirms that they will repeat it for December. The Gold prices in International market have sky rocketed. December festive season going to add some activity.

So if we take a rough projection for next 2 qtrs we can arrive at annual EPS..( some positive approach)

June -24 : EPS - 2.01
Sep - 24 : EPS - 14.46
Dec - 24 : EPS - 10.00 ( lets take a low value)
Mar - 25 : EPS - 18.19 (lets assume that it will not go below last year figure)

Annual EPS 44.66 - applying PE 5 = 223.3
Net Asset Value = 78.44

Lets look at the Revenue. Q2Q Revenue ,its increasing. Though the Gross Revenue for September decreased slightly ,on the other hand Interest Expenses have declined at higher rate, thereby increasing the net Interest Income. that itself contributed a a good 1.2bn for the Qtr.

Lets hope this will break the previous high first soon

Hawk Eye · 5 Re: COCR - silence of the COCR Mon Dec 09, 2024 9:05 pm

Hawk Eye

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Yes.Correct . I made a mistake taking the annulaised value from September. Only June I have taken the correct value. So readjusting

Eps for Sep 5.23.

Usually their March EPS is high. So keeping the assumption that they will report on average Rs.5 EPS for nxt 2 quarters , anualised EPS could be around 17.23

Applying a PE 5 = Rs.85
Net Assets = Rs.78

hope its correct

geshan · 6 Re: COCR - silence of the COCR Tue Dec 10, 2024 8:58 am

geshan

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Hawk Eye wrote:Yes.Correct . I made a mistake taking the annulaised value from September. Only June I have taken the correct value. So readjusting

Eps for Sep 5.23.

Usually their March EPS is high. So keeping the assumption that they will report on average Rs.5 EPS for nxt 2 quarters , anualised EPS could be around 17.23

Applying a PE 5 = Rs.85
Net Assets = Rs.78

hope its correct

Yes and Net assets will not remain same . It will be close to Rs 90 - dividends