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3M India and DCM Shriram

Discussion in 'Investment Analysis' started by ziauddin, Dec 16, 2017.

  1. ziauddin

    ziauddin New Member

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    ziauddin, Dec 16, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    3M at 70 PE, I will always avoid it. Too much is in the price.
    DCM Shriram are 2 companies. Which one are you referring to.
     
    shabbir, Dec 16, 2017
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  3. bhat64

    bhat64 Apprentice

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    I agree with Shabbir bhai. Especially DCM Shriram Industries is a sugar company with few sales from rubber chords for Tyre..look I feel the sugar cycle is over..but you will get many more sugar cycles coming up in your life time!!


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    bhat64, Dec 17, 2017
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  4. ziauddin

    ziauddin New Member

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    3M I like the product of this company. I want to invest when ever it will correct hence what a fair idea what should be the ideal PE for investment.

    DCM SHRIRAM LIMITED
    Security Code:523367
    They are into various businesses.

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    ziauddin, Dec 17, 2017
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  5. shabbir

    shabbir Administrator Staff Member

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    Once company is in various business, I avoid it unless I can understand each quarter how each of those business is contributing to the profits. Read https://shabbir.in/investment-checklist/ and https://shabbir.in/fundamental-analysis/

    Regarding 3M, yes they have good product mix but do consider its PE which is currently at 70.
     
    shabbir, Dec 18, 2017
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