Tuesday, November 27, 2012

Fundamentally attractive - Elnet Technologies Ltd.

People who are looking for fundamentally sound stock, can keep on their radar 'Elnet Technologies Ltd'.

This one is currently trading on 1/2 the book value with a PE of 3.29 of trailing 4 quarters.

Long term debt position is good , though the current ratio is below 1.

But given the slow and steady progress, this company can turn profitable to the investors.

Current price: 40.60. Should be able to generate 50% + returns in a span of one year.


Value Stock Picker

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