NB: To get benefit from the money gained through IPO will take at least 9-12 months.
Am I right? Corrct me if I am wrong. I am not demotivating you guys....
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As per my knowledge KGAL is the one generate at least 90% of net profit from rubber With EPS of 34. price is 195. PE is 5.7. Then very less chance to FLCH to rocket around 7-8 rupees with 1.5 bn issued qty whilst KGAL have less PE with 25 mn issued qty.early wrote:Almost 75% of FLCH profits have come from the Rubber sector. This is evident when you look at the segment results of the group as at 31/03/11. As rubber is comanding very good prices FLCH should continue to post very good profit figures in the future in my view.
Jana1 wrote:As per my knowledge KGAL is the one generate at least 90% of net profit from rubber With EPS of 34. price is 195. PE is 5.7. Then very less chance to FLCH to rocket around 7-8 rupees with 1.5 bn issued qty whilst KGAL have less PE with 25 mn issued qty.early wrote:Almost 75% of FLCH profits have come from the Rubber sector. This is evident when you look at the segment results of the group as at 31/03/11. As rubber is comanding very good prices FLCH should continue to post very good profit figures in the future in my view.
FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Does every one recommend FLCH because of diversified holding?
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