Research Report
Initiating Coverage: ORG Infomatics Limited
CMP: Rs. 30.00
Target: 35, 58 & 102
52 Weeks High: Rs. 125
Book Value / Share: Rs. 60.84
Duration: 2 Weeks, 3 Months & 1 Year
Recommendation: VERY STRONG BUY
Introduction
ORG is engaged in the business of Systems Integration, Service, and Telecom. It focuses on IT & Telecom convergence segment. ORG provides complete integrated solutions in fields of enterprise management, value added services, billing & OSS, VSAT & bandwidth solutions, wireless solutions, networking and infrastructure services.

Company Background
ORG group was established in 1960 by Dr Vikram Sarabhai (founder of IIM-A and ISRO) to facilitate scientific approach for data collection and information analysis to optimize business operations. Global Asia Partners LP, US investment fund, infused equity funds into ORG and Ajoy Khanderia, General Partner of the fund became the CEO. GAP is not just equity owner of the company; it has also infused Rs47.8mn through loan that is 63% of total loan amount as on Mar-05.
Business MIX
ORG is engaged in the business of Systems Integration, Service, and Telecom. It focuses on IT & Telecom convergence segment. ORG provides complete integrated solutions in fields of enterprise management, value added services, billing & OSS, VSAT & bandwidth solutions, wireless solutions, networking and infrastructure services.
Technically Speaking
ORG INFORMATICS looks good at daily charts, traded above it 50 Day DMA 25.70 and 50 Day EMA of 27.75. ORG INFORMATICS Resist at 31-32 level as we seen in graph that upper trend line act as a Resistance level that is 31-32.
RESISTANCE: ORG INFORMATICS stiff Resistance comes at 31-32 level if scrip maintain this level than it will go for target 35-42-50 level soon.
SUPPORT: Support comes for ORG at 25 i.e. 50 Day DMA level and if scrip slip below this than 23-18 are the support zone for ORG INFORMATICS.

Few Important Points
It has book value at Rs 60 and overseas Belgium company which they acquired would post sales of 100 crore +, also they have order worth Rs 300 crore on their hand. Current year consolidates sales would be Rs 400 crore and net profit at Rs 20-25 crore.

It is a supplier to our Defence also, please check website
http://www.bseindia.com/qresann/news.asp?newsid={9FBBF16C-97AD-499F-8FE3-FB9FD0D08991}

Check new orders it secured
http://www.bseindia.com/qresann/news.asp?newsid={BD488119-6453-4BED-8A26-5578A5A83D02}

Belgium Satellite is 5th largest company in Europe, check this website of the company
http://www.bssteleport.com/belgium-satellite-services.html

Quarter profit is at Rs 3.4 crore which gives yearly EPS of 8-10.Stock has high of Rs 125 and Low of Rs 19. Six month price average is Rs 55.

It is a premier company available at Throw away price.

Buy as it is a risk free stock and would move to Rs 90-100 within couple of months. Week target at Rs 35-40.

Disclaimer: - The recommendations made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The company does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And author won\\`t be liable or responsible for any legal or financial losses made by anyone.
OUR CLIENTS MAY/MAY NOT HAVE POSITIONS IN ABOVE MENTIONED SHARES....

Hello All

As per me its a very very strong buy.
A MUST MUST MuST BUY for all investors.

Short Term target 35. 52 Week high 100+
Huge Potentials. BUY IT IMMEDIATELY.

Soon will write complete research on it....

Dear BIGGGAINS, Eagerly awiating your report. Pl. post it ASAP....