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Godrej Agrovet

Discussion in 'Investment Analysis' started by amaze5151, Mar 1, 2018.

  1. amaze5151

    amaze5151 Member

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    Dear Shabbirji & Experts

    Though the book value of only 47, the stock has been trading 575 range. Without any tangible PE or EPS, has such huge price been simply based on the assumed Management Integrity / efficiency?

    For a term of 3-5 years, it it really worth to invest in Godrej Agrovet?


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  2. shabbir

    shabbir Administrator Staff Member

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    What do you mean by "without any tabgible PE or EPS"?
     
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  3. amaze5151

    amaze5151 Member

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    I meant, nothing great PE or EPS to consider

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  4. shabbir

    shabbir Administrator Staff Member

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    At 50 PE, I am not a fan of investing for the long term because too much of the growth in the company may already be in the price. Still this is a good company to invest in bad times. Keep in the radar. Often the investor has to play the waiting game and this is the most disturbing part of being an investor.
     
  5. amaze5151

    amaze5151 Member

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    Thank you very much

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  6. shabbir

    shabbir Administrator Staff Member

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