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Bhushan Steel Ltd: Rights issue offer – Watch out for t

Dear Readers, In the past, we have had very good experiences with Rights issue offerings of the company. For instance Veljan Denison proved to be a very good case with approximately 20% return in 3 months while Atul Auto was over the top with more than 250% return. We like the cases wherein: The equity dilution is less (For instance 1:10 i.e. one share for every 10 shares) The valuations are reasonable Relatively large public holding (enables subscription in excess…

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ABM Knowledgeware – Recording more than 50% growth cons

Dear Readers, About a month back, we released an updated report on ABM Knowledgeware Ltd (BSE – 531161) In the report we had recommended a portfolio allocation of ~7% in the price range of Rs 65-70. The company recently announced its quarterly results for the quarter ending Dec’11 and we are glad to share the results with you. Its good to note that company has been consistently reporting more than 50% growth, without compromising on margins. As can be observed…

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