UPDATED ON 23TH AUGUST 2008
ROCKET STOCK.... LOKESH MACHINE LTD (64/-) TARGET 125/-

LOKESH MACHINE LTD Trading in BSE & NSE at 64/- in B Group (10/- Face value). Target 125/- for short term & 165/- for Long Term. Safe Investment at 64/-. Good Dividend paying company.

Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year.

Book Value of this company was 74/- per share.

Market is stabilizing between 14,200 to 15,500 Crude and Global markets also stabilizing. Right time to Enter Good Fundamental Stocks. If you enter good Fundamental Stocks at present rate you will get 50% appreciation within 1Month time.

LOKESH MACHINE Ltd at Rs.64/- is with Good NET PROFIT With EPS 14/- for 2008-09. First Quarter Net profit was 3.11 Crores. Equity 11.6 Crores, Company Projected EPS for 2008-09 is 13.5/- with Net Profit 15.5Crores. As per This PE only 5 . Normally This type Companies PE will be minimum 10. If we take PE 10 It will come 135/-. Company Announced 25% dividend (i.e Rs. 2.50/- per Share) for 2007-2008 Financial Year. All MUMBAI BULLS acquiring this shares daily.


The company has declared its 1st Quarter results for 2008-2009. Net Sales at 20.1Crores, Net profit at 3.11 Crores. EPS of 1st Quarter was 2.65 (Annual EPS 11/-). And Company Projections of 2008-2009 Sales and NetProfit.It has Net revenues of the company was Rs 110 crore, Net profits of Rs 15.50 crore, The Projection Annualized Earning Per Share (EPS) at Rs 13.5/-.

Book Value of this company was 74/- per share.
Company website http://www.lokeshmachines.com

Equity 11.6 Crores. Promoters holding 58% shares.

Financial Insti. & Banks 4%,(United India Insurance Company Ltd 3%), Corporate Bodies 8%. Public share holding only 30%.

LOKESH MACHINE Limited Hyderabad based company.Public Issue came in 2006 April at 140/- All time high of this share was 300/-.

Lokesh Machines Ltd. is engaged in the design, development and manufacture of custom built special purpose machines and general purpose CNC (computerized numerical controls) machines along with their components. Presently, it derives 70% revenue from machining division whereas rest 30% comes from auto component division.

Company primarily caters to customers in the auto OEM, auto ancillaries and general engineering space. Hence it supplies mainly to Tata Motors, Bajaj Auto, Force Motors, Cummins, Bharat Forge, Kirloskar Oil Engines, Everest Kanto Cylinders etc with separate dedicated facilities for M&M and Ashok Leyland. Off late, it has also made a foray in the overseas markets with orders from M/s FPT Industries Spa-Italy, Honda Motorcycles-Japan and HOWA-Japan.
Further, its technical partner Wenig Wemas-Germany has also placed initial order of 100 machines worth 20 cr.

For the latest June qtr, sales at 20.5 Crores and NetProfit at 3.1 Crores. To fund its growth plan company came out with an IPO at Rs.140 per share in April 2006 and raised Rs.42 cr. On listing day it hit a high of 300 Rs, whereas and currently it’s available at 55% below its issue price. For FY09 it is expected to clock a turnover of 115 cr and PAT of 15.5cr which leads to an EPS of Rs. 13.5/- on equity of 11.80 cr. Scrip can easily appreciate to 125/-. Minimum PE of this industry 10/- maximum 30/- If we can calculate with minimum PE = 10 * 13.5 = 135/-.
One more Important news is Company having good Land Bank in HYDERABAD (Balanagar). This cost nearly 200 Crores. Equity 11 Crores. (1.1 Cores shares) Per shares its coming 200/- worth land. + 75/- Book Value + Original Value of share 125/- as per company performance. So Total Value of this company Share was nearly 300/-
But current rate 64/- was very cheep. The management is very good reliable .

Target was 135/-. Company having very Strong fundamentals.
All MUMBAI BULLS acquiring this shares daily.

Possitive Points for this stock for Up moving:

1) Company doing very good with EPS 13.5/- PE only 5; Avialable very cheep at 64/-
2) Book Value was 75/-
3) Company Having Good Land Bank at BalaNagar, Hyderabad. Worth of nearly 200 Crores. Per share Rs. 200/- worth land.
4) 25% (Rs.2.50/-) per Share Dividend Declared for 2007 -2008.
5) Promoters Holding is good 58%

Enter current price at 64/- Short term Target 125/- Long Term Target 165/-
Strong Fundamentals. Just Buy at 64/- get 100% to 300% Profit.

See My Last 2 Weeks ROCKET STOCKS

1) RPG LIFE Scince at 30/- ; Reached at 43/- Now 37/-
2) COMPAC DISC Recommended at 50/- NOW Trading 75/-
3) POCHIRAJU IND. Recommended at 17/- Now Trading at 23/-
4) Lloyds Steel at 10.5/- Now Trading at 13/-
5) IFCI at 38/- Now Trading at 50/-
6) Alpa Labs at 21/- Reached 30/- Now trading at 23/-
7) Visu Intl at 10.5/- Reached 12/- Now 10.5/-

Now I am Recommending LOKESH MACHINE LTD; at 64/-, With Target of 125/- and 165/-; Its very Valuable Share.

Happy Investing...

Bye
BIGBULLS



Important Disclaimer:

Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.