Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Tuesday, June 17, 2014

Allied Digital Services Ltd: The Chart Looks Bullish
CMP: Rs.20.40
The shares of Allied Digital Services Ltd,  which made a  new high this month, are looking explosive on the daily charts. The company recorded a profit at the net level of Rs.9.2 Cr in FY14, as compared to the net loss of Rs.5.1 Cr in the corresponding quarter previous year. 
The Basic EPS stood at Rs.2, an increase of 281.8% over the same period previous year. The EBIDTA margins have also improved by 420 bps and the company has returned to black after a long phase. 

The market cap of the company is only Rs.94.22 Cr against the FY14 turnover of Rs.181.88 Cr. Moreover, the P/E of the shares of the company is only 7.36, while the industry P/E is 28.89. A decent P/E re-rating of around 20, can take the scrip to around Rs.41-42, after giving suitable discounts. The book value of the shares of the company is Rs.146.62, while the price to book is only 0.14. 

The company earlier bagged a massive order of Rs.224 Cr in Pune City. The company's overseas branches have started to perform. It seems the stock will slowly move towards Rs.31-32-37-41-42 in the coming days. Investors are suggested to accumulate the scrip in every decline. 
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