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 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Sector talk
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Hitesh Shah
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Quote Hitesh Shah Replybullet Topic: Paper Industry
    Posted: 24/Feb/2009 at 9:18pm
Nice starting point by HDFC Securities.
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kutchi1966
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Quote kutchi1966 Replybullet Posted: 27/Feb/2009 at 1:19pm
how about J K Paper @ sub 15 level. Good dividend yield. Though it will not qualify buy if ROE/ROCE, growth angle is sceutinised. But at BV of Rs.50 and EPS of Rs.4 - 5, I hope it will can give a return of 36% if one consider dps also.
Can any one give their view  with  the  investment  time horizon of one year?Mukesh.
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9StockPortfolio
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Quote 9StockPortfolio Replybullet Posted: 27/Feb/2009 at 4:39pm
Originally posted by kutchi1966

how about J K Paper @ sub 15 level. Good dividend yield. Though it will not qualify buy if ROE/ROCE, growth angle is sceutinised. But at BV of Rs.50 and EPS of Rs.4 - 5, I hope it will can give a return of 36% if one consider dps also.
Can any one give their view  with  the  investment  time horizon of one year?Mukesh.

also debt is too high
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basant
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Quote basant Replybullet Posted: 27/Feb/2009 at 9:07am
Most of the paper companies are family held affairs where the Board and the management do what theowners want them to do. BILT is an exception but apart from that many paper companies have promoters taking ana ctive and keen interest in the affairs to squeeze the minority shareholders.
 
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Posted: 28/Feb/2009 at 4:50pm
JK Paper is almost available at its 1 year cash flows. Problem is, I dont understand what are these promoters doing. Harsh Pati Singhania is more busy with his industry body meetings than with JK Paper.....thats the tragedy.
 
Among paper stocks, BILT does qualify as a good stock, and so does a TNLP.
Jai Guru!!!
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kutchi1966
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Quote kutchi1966 Replybullet Posted: 01/Mar/2009 at 11:44am
Even considering all negatives as said here about J K Paper, What matters to an investor is the returns, which I thinks from here any one can earn not less than 30% P.A in Jk paper. My view in this scrip for less than 12 months. This is not long term investment grade share. Hope here more in this forum.
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kannanravi1
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Quote kannanravi1 Replybullet Posted: 07/Mar/2009 at 2:22am
Hi Vivek,
    If I recall you were interested in playing in the paper sector. Which is your favorite pick in that space? BILT my any chance? Also whats your take on Macmillan. Macmillan appears to attractive from a valuation standpoint. I have never looked into it closely though. Any clue?
kannan
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Posted: 08/Mar/2009 at 11:08am
Macmillan, if I remember correctly, is showing consistent decline in profitability.
 
Among paper, I would still go with West Coast Paper, BILT, TNPL and JK paper.....
Jai Guru!!!
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