19.01.2020
AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:
PRESSMAN ADVERTISING
ENTER LEVEL – 25 TO 28 STOPLOSS 19 TARGET 45
IN 12 MONTHS
Calcutta
base company come in to existence in the year 1983.company is specializes in
media planning, buying, and designing as well as public relation also handling government
advertising campaigns and corporate branding and products. All advertisement
and public relation under one roof.
Its total
equity base is only 4.70 crore its balance sheet shows resurve and surplus of
32 crore approximately. No debt on company. Promoters’ hold 47.19% investors
holds 52.81% equity stake in this company.
During
H1FY20 its net profit stood to 3.27 cr on sales of 17.17 cr which give us EPS
of 1.39 rupees. This company has restructure its operations in the first half
the year and this is expected to have significance positive impact in its
performance during second half the current fiscal year.
Currently
stock is trading @ P/E 11 times. Its recent high in nov2017 is 88 rupees. Stock
from that level corrected 70% .Its pay regular dividend history of 70% approximately
on face value of rupees 2.the 5% dividend yield is not at all bad. Technically
speaking stock is strong breakout in weekly and monthly chart.
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