SHLO Weekly Reviewkeeping an eye on this one, an undervalued parts manufacturing company specializing in anti-noise and anti-vibrations with solid financials and established in the early 90's.... possible cup and handle?
Valueinvesting
Look Where You LEAP!SPX 500 Hit some interesting zones today, didnt exactly follow my projected path to the T, never the less it hit the 79% Retracement Zone and reversed so sharply. This can also be a possible false move downward so I'm neutral and waiting for confirmation.
The general market does look quite weak at the moment. PNRA hype seemed to have subsided and bigger Investors used the optimism to offload positions to dumb money today.
i'm looking for a gap upandma maybe another push to the 88.6% Zone. However, feel free to think about shorting when bullish momentum proves to be dying.
VALUE INVESTING-SYMMETRICAL TRIANGLE BREAKOUT & ABOVE RESISTANCEFor financial year ending on 31 Mar 2014, POWER FINANCE CORPORATION LTD has reported
1 Sales Growth : 23.50%
2 Profit Increased : 22.58%
3 Margin Declined : -0.19%
4 Borrowings Increased : 14.15%
5 Share Price Decreased : -1.38%
For financial year ending on 31 Mar 2015, POWER FINANCE CORPORATION LTD has reported
1 Sales Growth : 16.74%
2 Profit Increased : 10.00%
3 Margin Declined : -1.47%
4 Borrowings Increased : 17.94%
5 Share Price Increased : 46.13%
For financial year ending on 31 Mar 2016, POWER FINANCE CORPORATION LTD has reported
1 Sales Growth : 10.67%
2 Profit Increased : 2.59%
3 Margin Declined : -1.75%
4 Borrowings Increased : 6.77%
5 Share Price Decreased : -37.78%
For financial year ending on Mar-17 E, POWER FINANCE CORPORATION LTD is expected to report
1 Sales Growth : 1.33%
2 Profit Increased : 21.65%
3 Margin Improved : 4.45%
4 Borrowings Reduced : -1.16%
5 Share Price Increased : 159.74%
6 Estimated Share Price : INR 223.45
For financial year ending on Mar-18 E, POWER FINANCE CORPORATION LTD is expected to report
1 Sales Growth : 1.16%
2 Profit Increased : 4.57%
3 Margin Improved : 0.90%
4 Borrowings Reduced : -1.48%
5 Share Price Increased : 4.57%
6 Estimated Share Price : INR 233.65
Below are some of the Financial Ratios for POWER FINANCE CORPORATION LTD for financial year ending on Mar-17 E
Net Income/Sales is 0.27
Net Income/Pre Tax Income is 0.66
Pre Tax Income/EBIT is 0.41
EBIT/Sales is 0.99
Sales/Assets is 0.11
Assets/Equity is 6.07
Return on Equity is 18%
Return on Assets is 03%
Retention Based Growth Rate is 13%
Market Capitalisation is INR 58986 crores
Add: Debt is INR 198152 crores
Less: Non Current Investments is INR 2677 crores
Enterprise Value is INR 254461 crores
Net Profit is INR 7437 crores
Add: Interest is INR 16485 crores
Less : Tax Savings on Interest is INR 5603 crores
Less : Other Income is INR 11 crores
Firm Profits is INR 18308 crores
Sales is INR 27919 crores
Add: Other Income is INR 11 crores
Total Income is INR 27931 crores
Firm Margin is 66%
Enterprise Value to Total Income is 9.11 (below 2 is better)
Enterprise Value to Total Income to Firm Margin is 13.90 (below 15 is investments friendly)
Price to Earning is 7.93 (below 18 is investments friendly)
Price to Book Value is 1.43 (below 2 is investments friendly)
Debt to Equity is 4.81 (below 2 is investments friendly)
Free Cash Flow to Firm is INR 251834 crores
Free Cash Flow to Equity is INR 235349 crores
Price to Earning Growth is 0.37
WHO LET THE BULLS OUT??????Buy the pound on every dip
Bullish crossover of the 8ema/21ma
If price can retrace to my buy zone. Feel free to follow instructions.
*Not Investment Advice*
Potential Bullish Wedge in KORSMichael Kors (KORS) is a company that has been on my radar for a good quarter. Ever since the retail apocalypse, many retail stocks continue to pop up on my screens in my search for deep value. KORS is an interesting play, and I will have a detailed write up on it on my investing blog (rockvuecapital.wordpress.com) within the week. But for now, lets look at the technicals.
Like I mentioned in the title, KORS seems to be forming a wedge pattern, with the potential to go bullish if things line up. KORS is closing in on breaking its 50 MA in a bullish manner, while at the same time being provided support from higher lows and higher highs since March.
What's important to watch for is the initial breakout above the 50 MA. If it breaks out above its 50 MA, it has the fundamentals to ride a bullish trend into the mid $40s, at which I would begin placing profits, and then anything after that I would camp my stop loss right around the mid $40s and continue to trail my stops and enjoy the trend.
Details on the company fundamentally will be coming soon. Look out for them at rockvuecapital.wordpress.com
