following information is taken from a blog: CMP: Rs.291 Intrinsic value: Rs.840
Maharastra Scooters (MSL)
is a great proxy for Bajaj Auto. The company has Bajaj Auto shares
which have current value of Rs.756 per share of Maharastra Scooters
(Bajaj Auto CMP = Rs.2560). Also MSL has cash per share of Rs.84 per
share, which can add a further kicker to the stock price.
Conclusion:
Maharastra Scooters provides the opportunity to enter Bajaj Auto stock
at a 61% discount to the current market price. It offers a huge margin
of safety to long term investors.
Does it make sense to invest in this co.MSL is like Tata Investment Corporation.Comments invited from everybody
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
