Yes the whole industry is showing great results. Even VST Industries came out with stellar results. All companies are now quoting at all time highs. With no new entrants permitted can we see sustainable growth in profits ? Any views on on which one out of ITC, Godfrey, or VST Industies is better.

Edited by beryr - 01/Aug/2009 at 12:51pm

 Yes GTC is trying to exploit its land bank and was a BIFR case too. I feel VST Ind could be a better choice since it pays 300% as dividend compared to just 250% by Godfrey. Also BAT could be interested in taking control if Brightstar Investment ( Mr Damani's investment co.) which has a 25% stake gets a suitable price. Could this be a trigger for substantial rerating ? Any views from other members on VST Ind please.

Originally posted by beryr  Yes GTC is trying to exploit its land bank and was a BIFR case too. I feel VST Ind could be a better choice since it pays 300% as dividend compared to just 250% by Godfrey. Also BAT could be interested in taking control if Brightstar Investment ( Mr Damani's investment co.) which has a 25% stake gets a suitable price. Could this be a trigger for substantial rerating ? Any views from other members on VST Ind please.

These are lottery ticket investments with indefinete timelines. The real trigger will come on a Philip Moris open offer but for that there has to be a Govt. Policy change and that will take some doing. Too many other stocks to bet on.

Originally posted by manish_okhade Subu,   Have a look over Godfrey also, it looks growth cum safety play. Recently they got the all india distribution rights for Marlboro. See below history, i guess its a good buy near 1500-1600:                     Price            EPS         PE 2002   328-399 45.96    7 to 8 2003   325-435 36.45    9 to 11 2004   370-599 50.18    7 to 11 2005   765-1600 61.16    12 to 26 2006  1000/1400 57.82    17-24 2007  1280-1772 84.73    15-20 2008   790-1411 107.92   7 to 12 2009  1000-1900 104.73   10 to 19     Looks like inferior to ITC but better than VST.