TELEDATA- A SAGA CONTINOUS ........

record date, if everything goes well, should well be within the next 30 days.The future projected results till 2009 was given by the co. in a brochure, which is paper. Hence we can say the results were on paper...hahaha. Well jokes apart, we must acknowledge that whatever targets the co. have given till now have been achieved. For example:1) co said it will achieve 1000 cr turnover in 2006-it achieved.2) co said one year back that it will demerge. It is happening.3) co said several months ago that turnover in 2007 will be 2500 cr. It is expected to get more than 4000cr. turnover in 2007.(till 1st 9 months turnover was 2250 cr and profit 280 cr).So we must start believing the co. when it says that it will acieve turnover of 16000cr and profit of 1250 cr by 2009 (all 3 combined cos).I firmly believe that teledata is a multibagger. Short term ups and downs will be there. but ultimately in long term it will multiply your money.

Qtr target for each of the demerged co. upto 2009. We shall now see > Q1 2007-08 target for each co.> > 1) Teledata informatics : Revenue/profit : 375/50 cr for Q1.> > lets ignore the remaining Qtr targets and assume that for full year > > REVENUE/PROFIT : (375 * 4)/(50 * 4) = 1500/200 cr.> NO of SHARES ISSUED : 19.66 cr.> EPS = 200/19.66 = 10> assume PE = 5 (actually PE for education/power/ utility/agro is much > more. really MUCH MUCH more)> PRICE OF TELEDATA INFORMATICS SHARE : 10 * 5 = Rs. 50>

2) Teledata marine : Revenue/profit : 430/100 cr for Q1.> > lets ignore the remaining Qtr targets and assume that for full year > > REVENUE/PROFIT : (430 * 4)/(100 * 4) = 1720/400 cr.> NO of SHARES ISSUED : 14.75 cr.> EPS = 400/14.75 = 27> assume PE = 5 (actually PE should be higher due to other activities > like marine software/logistics/ insurance/ pollutioncomlian ce/KPO/LPG > distribution/ Port activities)> PRICE OF TELEDATA MARINE SHARE : 27 * 5 = Rs. 135>

3) Teledata technology : Revenue/profit : 2500/70 cr for Q1.> > lets ignore the remaining Qtr targets and assume that for full year > > REVENUE/PROFIT : (2500 * 4)/(70 * 4) = 10000/280 cr.> NO of SHARES ISSUED : 14.58 cr.> EPS = 280/14.58 = 20> assume PE = 5 (actually PE for IT sector is much higher)> PRICE OF TELEDATA TECHNOLOGY SHARE : 20 * 5 = Rs. 100

SO WE HAVE THE FOLLOWING 3 COMAPANIES:> > 1) TELEDATA INFORMATICS : PRICE : Rs. 50> 2) TELEDATA MARINE : PRICE : Rs. 135> 3) TELEDATA TECHNOLOGY : PRICE: Rs. 100> > Assuming one buys 100 shares today at RS 55 then > COST OF ACQUISITION OF 100 shares = Rs. 5500> > After demerger we get 100 shares of teledata informatics and 50 > shares each of the other 2 cos.> > SO THE PORTFOLIO OF 100 TELEDATA SHARES COULD GO UPTO> > 100*50 + 135*50 + 100*50 = 16750 (AFTER DEMERGER)> > ie each teledata shares (before demerger) could in effect go from Rs. > 55 to Rs. 167 AFTER demerger ie a PROFIT POTENTIAL of approx 200%.>

however before demerger my target is AROUND Rs 100. > > Well, AS PER THE CHARTS the stock spiked from 16-17 congestion area > to reach max around 55 around 2 months ago. Then it formed a down > trend which can be considered to be FLAG chart pattern. Later it > broke out of the flag at around 45. So as per the charts next target > could be (breakout from flag = 45) + (flagpole = 55 - 16) = 45 + 39 = > 84> > SO THE NEXT IMMEDIATE TARGET IS 80 +