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hit2710
Senior Member
Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
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 Posted: 02/Oct/2009 at 6:40pm |
Originally posted by amitdip
From 09 Annual Report
"Thus, inspite of the general slow down and global recessionary trend, your directors are confident of
repeating similar growth in line with the past trend for the fiscal year 2009-10." |
I would be happy even if company were to grow its earnings by 15-20% for next 2 years. More than that would be a pleasant surprise.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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amitdip
Senior Member
Joined: 28/Dec/2008
Online Status: Offline
Posts: 494
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 Posted: 02/Oct/2009 at 5:14am |
I am quite hopeful of it doing much better. Lets wait and watch. A five bagger in 5 years is what I am looking for. And if that rate can be maintained its 25 bags in 10 years either in same stock or by switching to other opportunities.
25 * 25 * 25 = 15625 times in 30 years.
10 Lacs = 1562 Crores in 30 years
:-)
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EquityInv
Senior Member
Joined: 21/Jul/2009
Location: United States
Online Status: Offline
Posts: 536
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 Posted: 02/Oct/2009 at 9:19am |
Originally posted by hit2710
Originally posted by amitdip
From 09 Annual Report
"Thus, inspite of the general slow down and global recessionary trend, your directors are confident of
repeating similar growth in line with the past trend for the fiscal year 2009-10." |
I would be happy even if company were to grow its earnings by 15-20% for next 2 years. More than that would be a pleasant surprise. |
I agree hitbhai.. I also expect same kind of growth. Management also set internal target of 75+ Crores of topline for FY10. Hence from that I expect max. 15% growth in bottomline/EPS.
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One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do – James Rogers
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hit2710
Senior Member
Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
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 Posted: 07/Oct/2009 at 6:59pm |
Originally posted by amitdip
From 09 Annual Report
"Thus, inspite of the general slow down and global recessionary trend, your directors are confident of
repeating similar growth in line with the past trend for the fiscal year 2009-10." |
Does the company put up its annual report on its website? I have the shares and received dividend but due to change of residence, the annual report seems to be lost.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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amitdip
Senior Member
Joined: 28/Dec/2008
Online Status: Offline
Posts: 494
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 Posted: 08/Oct/2009 at 3:18pm |
Actually I dont have physical copy of report as it goes to my brothers address, but downloaded an abridged copy online www.reportjunctions.com, full copy can be bought for 100 rs :-(
or 100 reports for 1500 Rs
Open account for free and click this link
http://www.reportjunction.com/Reports/Patels-Airtemp-India-Ltd-P0094.htm
Edited by amitdip - 08/Oct/2009 at 3:21pm
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shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
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 Posted: 08/Oct/2009 at 4:51pm |
you will get the annual report free on the company website. or ask the company secretary to mail you.
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hit2710
Senior Member
Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
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 Posted: 08/Oct/2009 at 6:41pm |
Originally posted by shivkumar
you will get the annual report free on the company website. or ask the company secretary to mail you.
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Thanks shivkumar. I tried the website but there seems to be no links. Now I will ask the company secretary and see what happens.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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amitdip
Senior Member
Joined: 28/Dec/2008
Online Status: Offline
Posts: 494
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 Posted: 13/Oct/2009 at 3:49pm |
Some gossip about PAT
http://economictimes.indiatimes.com/Market-News/Heard-on-the-Street/articleshow/5118083.cms
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