ROCKET STOCK.... NAVNEET PUBLICATIONS (I)LTD at 41/- Target of 55/- & 75/- and
135/-
NAVNEET PUBLICATIONS (I) LTD Trading in NSE & BSE at 41/-in B Group. (BSE Code-
508989; NSE Code- NAVNETPUBL) Target 55 & 75/- for short term 135/- for Medium
term. Safe Investment at 41/-. EPS 6.2/- for 2009-09 and expecting EPS for
2009-10 was 7.5/- Good Dividend yielding at 130% per Annum. Company given good
Bonus 3:2 on July 2009. Recently declared 50% interim Dividend 11th Nov Record
date. Good land with Building Navneet Bhavan at Dadar, Mumbai; Its very high
Value in Main Center.
See My last call IFCI given at 42/- Touched 53/- just 2 days time 25% return in
2 days time.
See My last 1 Month Calls 1) IFCI given at 42/- Reached 53/- just 2 day 2) Ponni
Sugar given at 55/- touched 110/-
3) Vikas WSp given at 21/- Touched 35/- 4) Techtran Poly given at 11/- Touched
27/- 5) Guj Borosil given at 11/- Touched at 17.5/- 6) RPG LifeScince given at
22/- Touched 59/--.
Very Valuable stock NAVNEET PUBLICATIONS (I)LTD at 41/- current Market
Situation; In this Market correction time Buy safe stocks like NAVNEET
PUBLICATIONS (I)LTD at 41/- EPS 7.5/-; PE 6; Good Dividend paying company (130%
declared in 2008-09 and 50% declared Interim dividend recently record date 11th
November 2009; So happily Buy at current price at 41/- and sell at 55/- to
755/-. Risk free investment at 41/-.
NAVNEET PUBLICATIONS (I)LTD; trading in NSE and BSE at 41 /- in B Group.Daily
accumulating company circle people. And Daily grabbing with Mumbai BIG BIG Bulls
also because of Now stock is available at very very cheep price at 41/- Annual
EPS 6/- for 2008-2009, with PE 7 only. And Company Estimated EPS for 2009-10 is
7.5/-, As per this EPS PE only 5; Narmally in worst condition also PE will at 10
for this Industry. If we take 10 PE It will go Rs. 75/- +++.
Company having Good Reserves and Good Land with Building in Mumbai (Navneet
Bahvan at Dadar; Mumbai); Value is very high for this Navneet Bhavan per share
50/- and good Profit making company as per this 75/- So total worth per share
was 125/-.
Share Holding Pattern:
Promoters : 63%; FII's 40%; Corporate Bodies : 7%; Public only 23% Others 7%
Navneet Publications India Limited, founded by the Gala Family, is in the
business of Educational and children Books Publishing, Scholastic paper
stationery and non-paper stationery products.
Since 1959, Navneet has been a major force in the dissemination of knowledge.
NAVNEET is a dominant player in the field of publishing, with more than 5000
titles in English, Hindi, Marathi, Gujarati and foreign languages. In 1987, to
further strengthen and consolidate the business of book publishing, NAVNEET
installed ultramodern printing press at Dantali, District Gandhinagar, Gujarat .
By 1991, sophisticated printing and binding machineries had been imported to
complete the modernisation-cum-expansion plans of the company.
Over the decades, Navneet has emerged as a leading Educational Products and
Services company in India. The company's products are sold under the 'Navneet',
'Vikas', 'Gala', `FfUuNn', `Boss' and `Navneet Nxt' brand names. It's portfolio
of syllabus based Books includes high quality supplementary books like Digests
(Guides), Workbooks and 21 Question Sets, most of which are published in four
languages - English, Hindi, Marathi and Gujarati. The company has a dominant
market share in Gujarat and Maharashtra. Also with the new range of
supplementary books targeting the students from CBSE and ICSE boards, Navneet's
educational products are now made available across India.Navneet also produces
various titles in the Children and General books category, which are not based
on syllabus, such as activity books for children, board books, story books,
health related books, cookery books, mehendi & embroidery books, etc.
In 1993, Navneet saw opportunity in the exports of Stationery products for which
it now has state-of-art manufacturing facilities in Vasai (near Mumbai) Daman
and Silvassa (Union Territories bordering Maharashrta and Gujarat). In the same
year Navneet also launched its paper stationery products for the domestic
market. Products range includes tight bind note books, long books, hard case
bound books and drawing books.
The company enjoys leading position in premiere stationery markets in India, the
Middle East, parts of Africa, U.S.A. and Europe. With now more than 500 SKU's,
Navneet is one of the largest paper stationery brand in India. In 2006, taking
the success of the Paper Stationery products further, Navneet launched it first
range of non-paper stationery – FfUuNn Pencils. The company has aggressive plans
in this segment.
This company has a great future. Even if we give a conservative P/E of 10
(Industry Avarage PE was 20), It should be trading at Rs. 75+ based on FY
2009-10earnings. So there is a long way to go. Investors with faith in Navneet
management and having patience will definitely earn a lot.
Possitive Points for this stock for Up moving:
1) NAVNEET PUBLICATIONS (I)LTD trading at 41/- in BSE and NSE; Doing Very good
Profit making company and Good paying company per year 135% dividend.
2) Recently declared Interim dividend 50%. November 11th 2009 is Record date.
3) Bonus given 3:2 on July 2009.
4) Mumbai Bulls and Operators are accumulating at current price. Because Stock
is available at very cheep price at 41/-; Compare to all stocks good value at
present Market situation.
5) Company Having good reserves and Good land with Building at Dadar, Mumbai;
its very high Value Land in Center.
6) Company doing very good with EPS 6.3 for FY 2008-09 and Estimating EPS was
7.5/- for FY 2009-10 as per this PE 6; Minimum if we take 10 PE It will go
75/- ++ Minimum with Short period.,
7) Good Dividend Yielding; Company declared 10% for 2008-09.
8) Valuable Stock at 41/- Stock Worth up to 100/-( Because Good reserves and
Good Land with Building main Center in Dadar, Mumbai and good profits as per
this 75+50 = 125/- Worth stock minimum.)
Enter current price at 41/- Short term Target 55/- & 75/- Medium TermTarget
135/-Strong Fundamentals.
Happy Investing...
BIGBULLS
MUMBAI