Man Industries an under valued stock whose book value is Rs.77 with an order book of 2500 crores is a better company than PSL.The profit margins for the coming quarters are going to soar.Accumulate this stock at current value of Rs.55-60 with a target of Rs.120 in the near term...Only for serious investors...
it is better to buy shares of super tannery ltd at price of rs 7 per share having book value more than rs 13 per share which is available cum bonus at ratio 1:2 record date of bonus shares will be fixed after agm on 30.9.2009 for further details see various messages on super tannery message board
super tannery is a company financed by state bank of india who have provided secured loan of rs 65 crores to super tannery against mortgaging of super tannery assets of rs 100 to 130 crores the total market cap of super tannery is just above 20 crores only which is showing total sales income of more than rs 235 crores against equity of just 7.20 crores and showing gross profit of more than rs 16 crores annually
so as per my view it is better to invest in shares of super tannery cum bonus than man industries
i am also shareholder of man industries for last two years but suffering huge capital loss i am thankfull to you that you are giving price target of man inustries of rs 120 in near term so let us see when your forcast become true
i am also shareholder of super tannery for last two years super tannery in year 2008 also awarded bonus shares to their shareholders in ratio 1:1 and now again recommended fresh bonus shares at ratio 1:2
after awarding fresh bonus shares super tannery planning to list their shares in NSE also which will further boost shareholders value to great extent in near term