As per stock exchange listing and disclosure rules , company has to include as an item in AGM notice incase if there is a bonus. Today I recived AGM notice and no item regarding bonus. So no bonus this year.
Hey chief Kamani tomorrow is AGM what is your call will they declare bonus... i am keeping my fingers crossed. Hope they give one as lot of hopes are built the way the stock has moved from 800+ levels to current levels......What say......
hey chief any news on the board of directors meeting no updates in any of the portals...... It seems that scrip is consolidating at this price and i agree to you that it shall touch 2000 but might take some more time since it has rallied with great pace......what say......
In my opinion now at Rs 1500 P&G fully valued the next year performance also.
2009 EPS is Rs60 , even you expect 25% NP growth the EPS will be Rs 75. At 20 average pe it is fully discounted. If it goes to 2000 then may be a sharp fall.
One more thing I am a long term investor, I bought P&G in 1991 and just holding , it gives me more tahn 25% compounded return. I recoverd my purchase cost just by way of dividends.
I checked one more method of valuation DCF , what I believe very much .
As per DCF method P&G 2009 profit was Rs 178.85 crores. With the assumpation company cash flow will appreciate by 6% for the next 5 years @ 9% discount ( Which is prevailing interest rate in India) The company is worth for Rs 5090 crores. So on 3.246 cr equity shares , each share intrinisic value is Rs 1568 ( 5090/3.246).
So I feel it is rightly priced, not undervalued.
Rs 2000 may possible , but it depends on how crazy the market is ?
| NIFTY 
