Small Cap best multibagger Stock Picks For indian union Budget 2010
Buy Lloyd Electric & Engineering Ltd
Lloyd Electric & Engineering Limited is in the business of manufacturing Heat Exchanger Coils for airconditioning and refrigeration application, ‘ U ‘ bend and return bend for heat exchanger coils, system tubing and header line for airconditioner equipment and sheet metal items for airconditioner systems made from CNC presses and are leaders in India.
NSE Code : LLOYDELENG
BSE Code: 517518
CMP NSE: 59.50
EPS For Last 4 Quarters : Rs 8.11
PE : 7.34
Major Share Holders as 30 Sept 2009
Jp Morgan Indian Investment Trust Plc A/C Hold 560766 Shares
The Bank Of New york Hold 792000 Shares
Jf India Fund Hold 846207 Shares
Dsp Blackrock Tax Saver Fund Hold 915870 Shares
Sundaram BNP Paribas Mutual Fund Hold 1230717 Shares
Morgan Stanley Mauritius Company Ltd Hold 1744828 Shares
Kotak India Focus Fund Hold 1927255 Shares
Cash Flow Statement
| Data in Rs Cr. | |||||
| Mar ‘ 09 | Mar ‘ 08 | Mar ‘ 07 | Mar ‘ 06 | Mar ‘ 05 | |
| Profit Before Tax | 24.77 | 49.59 | 50.81 | 32.01 | 13.03 |
| Net CashFlow-Operating Activity | -6.21 | -15.5 | -22.39 | 8.12 | 7.15 |
| Net Cash Used In Investing Activity | -35.97 | -54.97 | -60.07 | -30.66 | -18.3 |
| NetCash Used in Fin. Activity | 3.67 | 37.32 | 85.34 | 119.6 | 10.15 |
| Net Inc/Dec In Cash And Equivlnt | -38.52 | -33.15 | 2.88 | 97.05 | -1 |
| Cash And Equivalnt Begin of Year | 71.01 | 104.16 | 101.28 | 4.22 | 5.23 |
| Cash And Equivalnt End Of Year | 32.5 | 71.01 | 104.16 | 101.28 | 4.22 |
Support at Rs 58
Resistance at Rs 77
Verdict: Buy at CMP with Stop loss below 54.5
should not buy see it cash flow continuously 3 year negative.
Dear Satish
very very Thanks For taking Time to Comment
I agree with you
Cash Flow from operation is indeed Negative
its Using A lot of Cash in investing activities too
But Sales are increasing
And Market is Betting on This Scrip
Its Technical Pick too keeping Budget in View
thanks for ur correct and valuable guide
pl, suggest me only for hot small caps stock.
thanx.