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vishnu 81
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06 Sep 2008 18:22
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05 Sep 2008 07:47
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05 Sep 2008 07:03
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Six Indians, including Ranbaxy promoter family\'s Malvinder and Shivinder Singh, Suzlon\'s Girish Tanti and Indiabulls\' Sameer Gehlaut, have made it to a list of 15 youngest Asian billionaires, compiled by business magazine Forbes.
\"The country\'s millionaires jumped 23 per cent last year. The billionaire count soared to 53 from 36 the previous year,\" Forbes said, adding that India has maintained its pace in the money race.
India, which boasts of a competitive demographic advantage of young population, was represented by six people that are under 40 with a cumulative worth of 8.3 billion dollars.
Other Indians on the list include real estate firm Oberoi Constructions\' Vikas Oberoi and online gambling entity PartyGaming\'s founder Anurag Dikshit.
China dominated the list with as many as eight representations, with a combined wealth of 20 billion dollars. South Korea and Hong Kong have one each person on the list. (source from EC)
...
\"The country\'s millionaires jumped 23 per cent last year. The billionaire count soared to 53 from 36 the previous year,\" Forbes said, adding that India has maintained its pace in the money race.
India, which boasts of a competitive demographic advantage of young population, was represented by six people that are under 40 with a cumulative worth of 8.3 billion dollars.
Other Indians on the list include real estate firm Oberoi Constructions\' Vikas Oberoi and online gambling entity PartyGaming\'s founder Anurag Dikshit.
China dominated the list with as many as eight representations, with a combined wealth of 20 billion dollars. South Korea and Hong Kong have one each person on the list. (source from EC)
...
04 Sep 2008 17:37
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04 Sep 2008 17:32
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04 Sep 2008 17:25
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02 Sep 2008 19:12
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The medical devices business is an emerging segment in the healthcare sector. Bangalore-based Opto Circuits is a fast-growing export-oriented company in this segment. The stock offers the right mix of high growth and dividends in the mid-cap space. Though the company seems fairly valued, investors can accumulate the stock on dips.
Financials:
Over the past five fiscal years, Opto’s revenues have witnessed a CAGR of 65% to touch Rs 468.2 crore in FY08. Net profit during the period posted a CAGR of 78% to reach Rs 133.3 crore in FY08. While the company has charted robust and aggressive growth over the past three fiscal years, the past three quarters have seen a deceleration in earnings growth.
Costs associated with launch of new products dragged down its profitability in the last two quarters of FY08. In Q1 FY09, profitability was further hit by higher interest burden following the acquisition of Criticare Systems. The company intends to incur a capex of around Rs 80 crore in FY09, against Rs 35 crore in FY08.
It is a dividend-paying company with an average 40% of net profit (average of past five years) being distributed as equity dividends. With growth in its business, the company expects to maintain similar dividend payouts in coming years as well. However, at 67%, the CAGR of dividends has been slower than that of profit over the past five years.
(source from EC)
...
Financials:
Over the past five fiscal years, Opto’s revenues have witnessed a CAGR of 65% to touch Rs 468.2 crore in FY08. Net profit during the period posted a CAGR of 78% to reach Rs 133.3 crore in FY08. While the company has charted robust and aggressive growth over the past three fiscal years, the past three quarters have seen a deceleration in earnings growth.
Costs associated with launch of new products dragged down its profitability in the last two quarters of FY08. In Q1 FY09, profitability was further hit by higher interest burden following the acquisition of Criticare Systems. The company intends to incur a capex of around Rs 80 crore in FY09, against Rs 35 crore in FY08.
It is a dividend-paying company with an average 40% of net profit (average of past five years) being distributed as equity dividends. With growth in its business, the company expects to maintain similar dividend payouts in coming years as well. However, at 67%, the CAGR of dividends has been slower than that of profit over the past five years.
(source from EC)
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21st-May-2008 by
manasdas100
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21st-May-2008 by
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