KOKUYO CAMLIN LTDמעודכן Camlin Monthly Target 180
Promoter holding is 74.99% The holding of the promoters (Kokuyo Company Limited, Japan and the Dandekar family) stands at 74.99% as of 30th September 2016. Of the balance 25.01%, a number of ultra-HNIs including Ramesh Damani as on 31st March 2016, he held a chunk of 375,000 shares of Kokuyo Camlin control a big chunk of the equity. Porinju Veliyath’s 582,375 shares of Kokuyo Camlin at Rs. 82.56 each for Equity Intelligence, his PMS fund Upto 16.68% is widely spread over 17,162 individuals.
Buy-back/ Delisting possibility?
When Kukuyo Japan stormed in to buy a majority stake in Camlin, there was speculation that it would make an open offer to buy back the rest of the shares and delist the company. However, that has not materialized so far. It may be recalled that Ricoh India, also a subsidiary of a Japanese behemoth, has already attempted delisting on two occasions. If the delisting plans for Kukuyo Camlin ever come up for discussion, one can be sure that the stock will surge to the stratosphere.
At CMP (then Rs. 100) the stock is trading at 1.6x FY16E and 1.3xFY17E EV/Sales. Buy Target 125,140,180 Sl 80 Monthly Closing basis
Buy-back/ Delisting possibility?
When Kukuyo Japan stormed in to buy a majority stake in Camlin, there was speculation that it would make an open offer to buy back the rest of the shares and delist the company. However, that has not materialized so far. It may be recalled that Ricoh India, also a subsidiary of a Japanese behemoth, has already attempted delisting on two occasions. If the delisting plans for Kukuyo Camlin ever come up for discussion, one can be sure that the stock will surge to the stratosphere.
At CMP (then Rs. 100) the stock is trading at 1.6x FY16E and 1.3xFY17E EV/Sales. Buy Target 125,140,180 Sl 80 Monthly Closing basis
הערה
Going Great buy even at cmp 108 Target 125,140
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.