Oversold position,high growth potential, good management, strong cash position , stable robust business....low trailing PE around 11.Asia Capital forecasts an EPS of Rs 48.2 as at end 2012 which is a PE of 7.2
DOCK(247)
Strong company,consistent healthy margins,expected earnings per share 2012end Rs.39..which translates into 6.3 times 2012 earnings(Bartleets)
KGAL(185)
Currently trading at an astounding PE of almost 6. not withstanding the current high Rubber
prices,strong fundamentals and healthy cash position. Asia Capital forecasts an EPS of Rs 35 for 2012 end, which would be a PE of 5.2Natural .Rubber prices are expected to remain firm for the next couple of years as there are supply side constraints. High crude Oil prices too would have a positive effect on Natural Rubber,because synthetic rubber prices would increase concurrently with Crude Oil prices.
NAMU(114)
Trailing PE 5.9 and forward PE 5, which i believe are notoriously low PEs to be trading at given the fact that the Bulk of the revenues comes from the Oil palm business which has healthy margins and and tremendous prospects for the future.Also note that Palm oil has a positive correlation with crude oil due to the ethanol factor(ethanol is a substitute for crude oil: corn ,soya and palm oil is used to produce ethanol)
Also please note that i hold all of the above shares for the aforementioned reasons.