Stocks ideas for short term..Technical based only for trading

Dear All,

Here, we can discuss the stock ideas only for very short term/trading purpose only. Technical chart expert can share their knowledge here and make profit for others....

My idea is:
buy INDAG RUBBER at 186-190 for short term for a target of 215-220 (1 week holding time)

 

Today, Indag Rubber closed at 187.50 [+9.20 (+5.16%)]. Deliverables 77.82%.



100% of moneycontrol users recommend buying Indag Rubber.

 

my idea is TCI target 350

 

hfcl will hit 23-24 in next 5-10 days

 

nocil will hit 60 in next week

 

Heidelberg cement 120 in next 10-15 days

 

Lloyd Electric is an interesting one and currently started upmove...it is good for both short and long term.

 

Mangalam Drugs and Organics is also a good one for short term.

 

also snowman logistics may hit 75 (badly beaten down)

 

Walchandnagar: Close above 157 and we can see 175 odd

 

Chart says all

 

chemical and sugar stocks to keep watch

 

Titan weekly.....Strong move coming up for 390/450

 

Vedanta and Tata Steel in the metal space will move further up......

 

Few updates from 'Mangalam Drugs & Organics' AGM which happened during Sept. end.

1. WHO approval for ARV API is in the last stage and expecting approval notice soon.
   
2. MD. Dhoot has approached WHO for approval of Vapi - Unit 2 plant, inspection in November, 2016 and expected approval by March, 2016.
3. Vapi - Unit 2 production will start within 2 months for already approved API.
4. Vapi - Unit 2 has same capacity as Unit 1 , means when Unit 2 will be fully utilized, total revenue will be double.
5. Company to file for USFDA in future.
6. Order book is healthy and company to post good growth this year compared to last year.
7. MD Dhoot to check the pledged shares issue (no promises are done for this item).

Overall company is doing well and management is very confident about their business and future potential.
So this can be definitely a wealth creator for its shareholders in long term.

Keep an eye on this stock.

 

Sakuma Exports ::: Blockbuster results !!!!
Net sales from operations is Rs. 545.06 crores for Q2 FY2016 vs Rs. 404.35 crores Q2 FY2015.
Net Proft for Q2 FY2016 is Rs.3.99 crores vs Rs. 2.68 crores for Q2 FY2015.
EPS at 2.43 for Q2 FY2016 vs 1.63 for Q2 FY2015.

Cash and Cash equivalents is Rs.79.70 crores !!!!!

Company has been consistently delivering 25% Sales CAGR and 20% Profit CAGR over the past 10 years.

Key Focus:
1) Company has turned its focus back to Domestic Trade making the company name a misnomer, for now at least.
2) Check Annual Reports how geographical revenues are changing. Standalone numbers, thus, should continue to gallop.
3) The effect of domestic sugar trade and one week of edible oil import trade after import duty reduction on 25th Sep.
4) Additionally, by November & December, increased Indian production of all commodities, owing to better monsoon over June-Sep YoY, should come into play as well.

So results in Q3 should be much much better than Q2.

Forward Annual EPS is at 8.45 and stock is trading at PE is at 8.11
Industry PE at 27.53 !!!!

Conservative 15 PE target would be Rs 125/- Long term Bet !!!!

Keep tracking this stock !!!

 

Mangalam Drugs : Q2 FY16 Numbers
Net profit at 5.83 cr vs 3.65 cr; yoy increase of 59.72%
Net profit at 5.83 cr vs 5.10 cr; qoq increase of 14.30%

Sales at 76.43 cr vs 74.37 cr; increase of 2.76% yoy
Sales at 76.43 cr vs 67.94 cr; increase of 12.5% qoq

EPS at 3.69 from 2.77; yoy
Annualised diluted EPS of 12.81. Trading at PE of 12.6

Cash and cash equivalents : 0.93 cr

Sales to pick up in Q3 & Q4 with Vapi plant production.
Please note the Net profit is excluding 1. HIV API 2. Vapi Plant product which has same capacity of existing plant.

And with US Election done and over; WHO approvals which are in the pipeline and new VAPI plant production which will boost top line as well as bottom line !!!
Also new HIV API will open the doors for new market. And lastly the pending order books will add future growth for the company.

Keep an eye on this stock.

 

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