I suggest everyone keep updating this thread with those stocks whose prices are close to or less than their book value and have a good dividend yield : Kindly mention the CMP date , the FV , and the source of your data for others to verify and do their own number crunching .
I am starting with Tata Steel
On 10 Oct 2008
Tata Steel's
CMP : Rs.287.50
Book Value : Rs.311.00 ( according to myiris.com )
Last Dividend Per Share : Rs.16
Face Value = Rs.10
Price to BV : 0.92 Div Yield as on date : 5.56%
Dont expect people to be active on this thread....if anything will be looked as attractive, one should rather accumulate rather than discuss about it.
Joined: 17/Oct/2007
Location: India
Online Status: Offline
Posts: 24
Posted: 11/Oct/2008 at 2:55pm
Co. Name : Indian overseas bank
CMP as on 10.10.08 : 86.75 (BSE)
BV : 87.05 (Moneycontrol)
FV : 10 (Moneycontrol)
Last Div. : 35 % (i.e. Rs. 3.50 per share) (BSE)
Price / Book Value : 1
Div. Yeild to date : 4.03 %
This is the First stock of my life bought in IPO at Rs.10 and i made 10 bagger out of it (excluding dividend). I bought and half alert for years. I saw the price when it crosses rs. 100/- and sold at Rs. 110/-.
Joined: 29/May/2007
Location: India
Online Status: Offline
Posts: 1134
Posted: 11/Oct/2008 at 3:17pm
This is the First stock of my life bought in IPO at Rs.10 and i
made 10 bagger out of it (excluding dividend). I bought and half
alert for years. I saw the price when it crosses rs. 100/- and sold at
Rs. 110/-.
Congrats on your 10 bagger . Many PSU Banking stocks have become a darling now .Thanks to the collapse of many Private Financial Institutions in America and other parts of the world .
To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.
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