Monday, February 21, 2011

NATIONAL PLASTIC INDUSTRIES LTD (BSE CODE: 526616) AT18/- TARGET OF 57/- & 75/-

STOCK  : NATIONAL PLASTIC INDUSTRIES LTD.  Trading in BSE CODE : 526616

Target : 57/- to 75/- in Short term and Medium terms
Equity  : 9 Cr
Promoters  Holding : 56% ; Body Corporate : 5%; Public Only 39%
Face Value : 10/-
EPS : 6.5/-  above (As per 20010-11 September Quarter) Estimated EPS for Full Year above 9/- ( Expansion Income will Add)
Book Value: 29/-
Dividend History : 2010 --- 10%; 
National Plastic Industries Ltd having Good Land Bank at Mumbai and Bangalore near 100 Cr above Per share 100/- above; and Valuable Assets.
National Plastic Industries Ltd Expanding plans is very Aggressive.
For 2010-11 September Quarter Posted Net Income of 12.36 Cr and Net Profit of 1.48 Cr with Equity 9 Cr. As per This EPS is 6.5/- Annualized But in coming Quarters Expanding Income will add So Expecting EPS for 2010-11 is 9/-. Stock Trading at 34/- PE just 5 Industry PE is 14. As per this Stock will zoom to 100/- levels in 6 Months time.
The Company Having Good High Value Ideal Real Estate Property at
1)Andheri (East) Mumbai
 2) Virla Mumbai
3) Kashi Mira Road in Thane District
4) Bangalore Near Satellite Bus Stand and Big Bazar
5) Gaaziabad UP;
All these Lands are very good Value; But Equity is just 9 cr and Land Value near to 100 Cr per share 100/- above Value and good Book Value and EPS 6.5/- Dividend Paying company. Just watch it Stock will go 100/- to 200/- in Near Future.
National Plastic has been marketing their products under the brand name " NATIONAL". Today ‘National Plastic Industries Ltd’ is an ISO - 9001:2008 ACCREDITED COMPANY and “NATIONAL” products are available across 36 countries including America, Australia etc.
Positive Points for this stock for Up moving:

1)  Company is in Plastic furniture and others Business;  company Circle people and Operators are accumulating at current price. Because Company Stock Good Value at 34/- Good Profit making company and Book Value at 29/- and Good dividend paying company.
2)  Equity is very small at 9 Cr promoters Holding 56%
3)  Company recently going Expansion Plans for Real Estate and and Power Buisness.
4)  Good Profit Making Company for 20010-11 EPS 6.5/- Annualised and Expecting EPS for full     year is above 9/-because Expansion income will add next Quarters.
5)  Company having Good Book Value 29/- and Good Land Bank and Good Assets.
6)  Company having lot of Land Bank in Mumbai, Bangalore and UttarPradesh; Total cost of this land is Nearly 100 Cr above per share will come 115/- above and Expansion Plans in Future .
7) FII’s Eyes in this stock. If they will start buy Stock will zoom to 150/- levels like SE Investment (Call Given at 175/- Now including Bonus and Split 1250/-) and Bihar Tubes Ltd (Call Given at 57/- Now 165/-).
8) Risk Free at Current Market Price, Its very Cheap price Trading at 34/- Compare to companies Reserves, Assets and Value and Equity and Profits and Future Plans and power Generation.

Happy Invest ……….. Good Fundamentals and will give good returns from 100% to 500% returns with short and medium terms and Long terms.

Thanks & Regrads
Dev Purohit

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