Saturday, May 28, 2016

Balasore Alloys Ltd @ 19.00

1. Balasore Alloys Ltd is a 5.00 rupee face value iron ore company.

Short Brief about company:-
Balasore Alloys, formerly known as Ispat Alloys Limited, which is part of the renowned Ispat group of Companies. This company is a Mittal group company. The Mittal groups companies are spread across several countries besides India.
Balasore Alloys was incorporated in the year 1984 at Balasore, Orissa and at present it has five furnaces with a total capacity of 57 MVA to produce 95,000 MT Bulk Ferro Alloys per annum. With multiple heaters of different sizes, the company has the flexibility to produce various types of Ferro Alloys as per market dynamics. This variety adds to the competitive advantage of the organization as different product mix can be maintained at the same time even with low quantity. The company has captive mines in various locations like Chromite ore mines in Sukinda Valley at Jajpur Road (Orissa).The mines take care of the Chrome ore requirement of the company. BAL is one of the very few Ferro Alloys manufacturing enterprises in the country having captive mines, and this is a significant competitive advantage since the availability of Chrome ore is very uncertain, and the price is also exorbitant. Other raw materials are sourced from both Domestic and International Markets. The products of the company enjoy the international reputation.
The company has QMS(9001:2008), EMS(14001:2004) and OHSAS(18001:2007) certificated for Plant site at Balasore and its Mines at Sukinda Jajpur, Orissa. Various modern management initiatives like Six Sigma, TPM, Supply Chain Management and Performance Management Systems are in place to promote excellence in all areas and improve the overall efficiency of the company, 
Source: - http://www.balasorealloys.com/(Company Website).
2. Year high of Balasore Alloys Ltd is 25.00 year low was 14.00 and the stock traded at 19.05, Year high/ year low ratio is stable below two.
If you are new reader of my blog and not familiar with my research terms for short term trading stocks, then please refer this link to knew my research terms to choose a trading stock 
3. Promoters of Balasore Alloys Ltd hold 56.45%  stocks.
Positive point:- Promoters increase his holding from 51.54%, so promoters are not foolish they knew their company very well.
Negative point:-Promoters pledged 32.79% stake and if you read above research terms carefully then you knew that here in sharegenius blog we buy a stock till 33% promoters pledged stake
See the full list of public shareholding including FII and DII here:-
FII & DII Holding Details in Balasore Alloys
4.Balasore Alloys Ltd is a good dividend paying technically sound stock which promoters increase his holdings from 51.54% to 56.45%.
5. The base price of Balasore Alloys Ltd is 16.19, So Balasore Alloys is traded 15% above from his base price,.
Click here to download last 3 years closing price with graph 
I think this stock is now ready for a rally. (for long term investment purpose we buy a stock 15% below from base price but for short term trading purpose it is ok to buy  till 15% up from base price (refer my book or above research terms given in point 2 )
6. No any bonus issue right issue and bulk deals are recorded in last two year.
7. Balasore Alloys Ltd net sale per share of FY 14-15 is 107.47.
8. Net sale per share 107.47 also suggests that this stock is a value buy
9. Book value of Balasore Alloys Ltd is 49.84 So in book value term this stock is a value buy at CMP.
8. Balasore Alloys Ltd is a good dividend paying company. Past dividend history of Balasore Alloys:-

EX DatePurpose
21/09/2015Dividend 0.60
17/09/2014Dividend 0.60
12/09/2013Dividend 0.50
20/09/2012Dividend 0.50
22/09/2011Dividend 0.50
9. 200 DMA of Balasore Alloys Ltd is 17.50 So at CMP 19.05 Balasore Alloys Ltd traded over his 30, 50,150,200 DMA see these DMA of balasor alloys:-
DAYSBSENSE
3018.56
5017.62
15017.95
20017.51
( This stock is not traded on NSE)
10. Targets of Balasore Alloys:-
Short Term 3 Months Target:- 22.90 (20% up from here)
Stop Loss:- 17.15 (10% below from here)
(I use target 20% up and stop-loss 10% below this will make your risk reward ratio 1:2.
After 2-3 months I publish a detail report about performance of my trading recommendations then you understand how this risk-reward ratio 1:2 is useful in trading)
Fundamental target of Balasore Alloys:- Personally I never use stop loss and never sell a good stock in loss so I hold my stocks untill they reach my fundamental targets so here fundamental target  of balasore alloys is 52.05 read my book to knew how to calculate fundamental target or read this chandu story to knew how fundamental target work :-
11. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.
12.Discloser: - I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered  under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives not hold any share of Balasore Alloys Ltd, so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Balasore Alloys Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Balasore Alloys Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Balasore Alloys Ltd). 6. I have been not engaged in market making activity for the subject company (Balasore Alloys Ltd).



Wednesday, May 4, 2016

BGR Energy Systems Ltd @117.60

1.BGR Energy Systems Ltd is a 10 rupee face value Heavy Electrical Equipment comapny which traded at 117.60
2.Year high of BGR Energy Systems Ltd is 147.40 and Year low 89.40, this ratio is below 2 and my regular readers knew that this is my first stock screening criteria. New readers which not read my book yet then please first read this short summery for more clear understanding about this research report.
3. No any bulk block deals, stock split, right issue, bonus issues in last 2 years and BGR energy give a positive breakout over his 200 DMA 113.78 with huge volume of 8 lac shares at 03 May 2016.
Here is the simple moving averages of BGR Energy Systems Ltd:-

Simple Moving Averages


DaysBSENSE
30106.59106.58
50103.31103.31
150111.51111.51
200113.80113.78
4. BGR energy systems ltd net sale per share for FY 14-15 is 466.31 , If you not read my book then please see this you tube video to learn how to calculate net sale per share and how to use it to find out target price of a stock:-
5. Base price (last 3 year average price) of BGR Energy Systems Ltd is 133.24 So our buying is still 11.80 % discounted from base price of this stock.
Click here to download last 3 year closing price of BGR Energy  with graph
6. See this past dividend history of BGR Energy Systems Ltd so as my rule this is a dividend paying company till 2014 but due to loss this company not give any dividend in 2015:-
EX DatePurpose
18/09/2014Dividend 3.00
17/09/2013Dividend 7.00
13/09/2012Dividend 7.00
15/09/2011Dividend 10.00
16/09/2010Dividend 7.00
7. Promoters of BGR Energy Systems Ltd hold 75 % stake in company and promoters not pledged any share from his holding, FII hold 1.86 % and DII hold 2.94% , So promoters holding is also good.
8. Visit website of BGR energy here www.bgrcorp.com You wonder that company has many diversified business portfolio like
Power Projects Division 
Turnkey Engineering, 
Procurement and Construction (EPC) of Thermal/Gas based Power Plants 
Turnkey Engineering, Procurement and Construction (EPC) of Thermal/Gas based Balance of Plant 
Supply of Super critical steam generators - 660 MW/ 700 MW/ 800 MW / 1000 MW / 1100 MW 
Supply of Sub Critical steam generators upto 500 MW Supply of Super critical Steam Turbines & Generators – 660 MW / 700MW / 800 MW / 1000 MW 
Supply of Single pressure and Multiple pressure level natural circulation Heat Recovery steam generators 
 Oil & Gas Equipment Division Oil & Gas Equipment Division Process Equipment Package and Systems 2/3 Phase Separator System / Skids Indirect Water Bath Heater Gas Conditioning, Regulating & Metering Systems Knockout Drums / Scrubbers Filter Separators / Dry Gas Filters Pipeline Equipment - Pig Launchers/Receivers Compressor Packaging Storage Tanks Air Fin Cooler Division 
 Air Fin Cooler Division Process Coolers Finned Tubes Radiator & Compressors Coolers Tube Bundles
Environmental Engineering Division Deaerators Membrane Based Water Treatment Plant Demineralization Plant Desalination Effluent/Sewage Treatment & Recycling Plants Condensate Polishing Unit 
Electrical Project Division Electrical Projects Division BOP works for Hydro Projects Turnkey Solutions for EHV Substations Optical Fibre Composite Ground Wire (OPGW), All-dielectric Self-supporting (ADSS) & Optical Line Termination Equipments (OLTE) Gas Insulated Switchgears (GIS) Substations EHV Transmission Lines Plant Electricals Rural Electrification Power Trading 
 BGR Boilers Private Limited Super critical steam generators – 660 MW/ 700 MW /800 MW / 1000 MW / 1100 MW Sub Critical steam generators upto 500 MW 
 BGR Turbines Company Private Limited  Super critical Steam Turbines & Generators of 660 MW / 700MW / 800 MW / 1000 MW. 
Progen Systems & Technologies Limited Progen Systems & Technologies Limited High Frequency Resistance Welded Finned Tubes Heat Exchangers Pressure vessels, Reactors, Columns Waste Heat Recovery Modules & Convection Coils Surface Condensers and HP/LP Heaters Process equipments and Boiler components 
 GEA Cooling Tower Technologies (India) Private Limited  Dry Cooling Systems Direct Cooling – Air Cooled Condensers Wet Cooling Systems Induced Draught Cooling Towers Natural Draught Cooling Towers Hybrid Cooling Towers 
 GEA – BGR Energy System India Limited Online Tube Cleaning System Debris Separator Self Cleaning System/Strainer Sponge Cleaning Balls Cuddalore Powergen Corporation Limited Cuddalore Powergen Corporation Limited Independent Power Producer (IPP) developing 2 × 660 MW coal based thermal power project at Cuddalore, Tamil Nadu, India.
So we have a great chnace of de-merger and value unlocking in future.
9. Book Value of BGR Energy Systems Ltd is 186.29 So in book value term this stock is a value buy. 
10. I am also recommended this stock on 13 Sept 2015 @ 104.80, That time this stock traded below his 200 DMA and not useful for short term trading.
Read this earlier research report here:-
BGR Energy System Ltd: Buy @104.80
(That time my wife buy 28 share of BGR Energy System limited and still she hold 28 share of this company read full discloser below this article)
So after 3 May 2016 recent breakout I put this stock on CNBC Pro Advisory Championship Recommendation visit this link to see this call from me:-
I put targets of this stock 141.15  and 235.00 with a stop loss of 105.85 ( For trading purpose). My regular readers already knew that I never use stop loss in my personal buying read more details about my investment style here:- 
and if you read my book "The Winning Theory in Stock Market "then you knew that fundamental target for BGR Energy Systems Ltd  is 235.00 which I put as target 2 of my call.
I think now you understand what is difference in my fundamental multi-bagger recommendations and trading recommendations.
11. My recent updates :- PSB   
12. Now read my book free on kindle unlimited read detail here:-
11.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates not hold any share of BGR EnergySystems Ltd but my wife hold 28 share of BGR EnergySystems Ltd so my personal interest is  included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( BGR EnergySystems Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not not received any type of compensation from the subject company(BGR EnergySystems Ltd ) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( BGR EnergySystems Ltd ). 6. I have been not engaged in market making activity for the subject company(BGR EnergySystems Ltd).

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