Tuesday, November 27, 2012

Can 'Creative Eye Ltd' become a multibagger?

Creative Eye Ltd. 

Creative Eye Ltd.is involved in production of TV serials and Commercials. It has been reporting losses for three years before reporting profit in year ended March 2012. 

The fundamentals favoring the purchase of this stocks are:

Price/Book Value is currently about 0.33.

PE of trailing 4 quarters is 2.34, which is very good.

Long-term debt/equity is 0.15, which is low

Current and quick ratio standing at 6.00 and 4.07, which shows that debt is not a concern.

At current price its Market Cap is nearly equal to its cash-in-hand. Therefore, its business portion is nearly free.Promoter's holding is constant and stands at above 50%.

Looking at the above fundamentals, keep an eye on 'Creative Eye Ltd.' for possible future gains. If it continues with the current performance, it can double in future.

Price Today: 5.60

Value Stock Picker

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