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BUY EASTERN SILK INDUSTRIES Ltd. At 13.5/- With target of 19/- & 25/   Message List  
Reply | Forward Message #28600 of 29419 |
BUY EASTERN SILK INDUSTRIES Ltd. At 13.5/- With target of 19/- & 25/- Immediatly

ROCKET STOCK.... EASTERN SILK INDUSTRIES Ltd. AT 13.5/-; TARGET 19/- & 25/-

EASTERN SILK INDUSTRIES Ltd. Trading in BSE (Code: 590022) & NSE (Code:
EASTSILK) at 13.5/-in B Group. Target 19/- & 25/- for short term and Medium
Term. Safe Investment at 13/ current market situation Because Company Stock
Value is very good at 13.5/- Good Dividend Giving Company; Every Year 45%
Dividend giving and EPS 2.7/- Company having Good reserves; Book Value at 49/-
and Good Land Bank; Company EPS for 2008-09 was 3/- and Estimated EPS for
2009-10 is 3.5/-.

See My last Call IFCI given at 42/- just one day reached 51/-.

See My last 1 Month Calls 1) IFCI given at 42/- Reached 51/- just 1 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) and Last week Crane Soft
given at 38/- Today touched at 43.85/-

So just buy This Eastern Silk Industries Ltd at 13.5/- and sell at 19/- to 25/-
for Short term. Just Buy and Hold 1 week to 1 month u will get 50% to 150%
return.

EASTERN SILK INDUSTRIES Ltd., Trading in BSE (Code: 590022) & NSE (Code:
EASTSILK) at 13.5 /- 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 13.5/- Annual EPS 2.7/- for 2008-2009, . And Company
Estimated EPS for 2009-10 is 3.5/-, As per this EPS PE only 4; Narmally in worst
condition also PE will at 10 for this Industry for good group. If we take 10 PE
It will go Rs. 35/- +++. Its very good promoters giving 45% dividend every
year.

Expansion Plans to drive volumes :The company is starting a new plant worth INR
800mn in Bangalore which should be operational from July 2009. This will surge
the total production capacity of silk yarn and fabrics

Good Land Bank in Karnataka and WestBangal (Per share 65/- Land). Company Having
good Reserves per share 49/-. Strong Fundamentals. Good Valuable Stock at
13.5/-.

Book Value 49/-; EPS 2.5/- for 2008-09 and Estimating EPS for this year 2009-10
is 3.5/-. Company Given Net profit of 21 Crores for the year 2008-09 with 535
Crores Turnover. Equity 15 Cores.

Share Holding Pattern:
Promoters Holding 49%, Private Corporates 19% , Public only 27% and Others 5%
EASTERN SILK INDUSTRIES Ltd doing very good, The Kolkata based Eastern Silk
Industries Limted is a company with multifaceted business activities. The list
of activities Manufacture of Silk Yarn; Fabric & Made-Ups; Home Furnishings;
Fashion Fabrics; Handloom Fabrics; Double Width Fabrics; Scarves, Laces & Belts;
Embroidered Fabrics .

The present net worth of the company is about Rs 359 crores and it employs over
20,000 people directly or indirectly.

In the year 1958, the export house embarked on its overseas business, with an
export turnover of Rs 0.5 lacs. As on date, the export turnover stands at a
voluminous figure of Rs 482 crores in the year 2007-2008.

An added glitter in its crown is the number of awards that the company has
bagged over the years from various Export Promotion Councils, such as:

- HANDLOOM EXPORT PROMOTION COUNCIL
- INDIAN SILK EXPORT PROMOTION COUNCIL
- CENTRAL SILK BOARD
- MINISTRY OF COMMERCE

The company has been recognized as "Golden Star Trading House" by the Government
of India. In the area of self sufficiency the in house Research Wing has
successfully developed a technology indigenously of Fast Color printing on
fabrics that is the basic need for selling in the overseas market.

Modernization and adoption of new technology has been the watchword of the
company down the years.

In this back drop, the company is planning to increase its export performance,
commensurate to the extent of quantum increase in total Indian Export, which is
likely to cross Rs. 500 crores by 2008-2009.

Company having Plants at West Bengal and Karnataka having good Land Bank.

See My last 1 Month Calls 1) IFCI given at 42/- just 1 day reached 51/- 2) Ponni
Sugar given at 55/- touched 110/-
3) Vikas WSp given at 21/- Touched 35/- 4) Techtran Poly given at 11/- Touched
20/- 5) Guj Borosil given at 11/- Touched at 17.5/- 6) and Last week Crane Soft
given at 38/- Today touched at 43.85/-

Possitive Points for this stock for Up moving:

1) Company doing very good; EPS 3.5/- Expecting for 2009-10;.
2) Mumbai Bulls and Operators are accumulating at current price. Because Company
Strong Fundamentals.
3) Company having Good Land Bank in West Bangal and Karnataka (Per Share 65/-)
and Company having Good Reserves 49/- Per share.
4) Book Value at 49/- and Good Dividend paying Company; Every year 45%.
5) Company given very good results EPS 2.7/- PE only 5 for this year 2008-09;
6) Company Projected EPS for 2009-2010 is 3.5/-as per this PE just 4
7) Equity is very small at 15Crores. Good Promoters Holding
8) Lot of expansion plans in Coming soon.
9) company is starting a new plant worth INR 800mn in Bangalore which should be
operational from July 2009. Expansion results will come next Quarter.
10) Very good future for this company

Enter current price at 13.5/- Short term Target 23/- & 29/-Medium TermTarget
39/- AND 49/- for Long Term; Strong Fundamentals.

Happy Investing...

BIGBULLS
MUMBAI





Thu Nov 5, 2009 3:46 pm

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Message #28600 of 29419 |
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BUY EASTERN SILK INDUSTRIES Ltd. At 13.5/- With target of 19/- & 25/- Immediatly ROCKET STOCK.... EASTERN SILK INDUSTRIES Ltd. AT 13.5/-; TARGET 19/- & 25/- ...
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Nov 5, 2009
3:47 pm
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