Saw SHPC Thread, these are some worthnoting points about SHPC
1 -SHPC price went dramatically down because of the open of the locking period and sale of the shares by some of the promoters.
2 - After right shares has been listed, Around 21,76,178 lakhs kittas have already been traded from 7/25/2017 to 02/28/2018 from price 365 to 627. On an average over 85 crores worth of shares has already been traded. Most of it belong to promoters and most of them sold to collect their initial investments and to for diversification into other projects. However the major promoters have maintained their fair stake in the company.
3 - SHPC EPS currently is around 24. After its loans are cleared which might take few years it is able to give EPS around Rs 42 per share.
4 - SHPC is a growing company and issed RIGHT SHARES of 1:1 for LOWER LIKHU & MIDDLE TAMOR.
5 - SHPC is building UPPER TAMOR (285 MW) & JUM KHOLA (62MW) and aims to maintain 80% ownership in these two projects. And also aims to build Upper Mailung (14.3MW) & Upper Mailung B (7.5MW).
6 - To maintain its current portfolio of projects and 80% ownership in TAMOR & JUMKHOLA & for building MAILUNG KHOLA it needs atleast total 8 arab to 12 arab EQUITY (Share capital + Reserves). Hence, shareholders have great chances of getting lot of BONUS/RIGHTS in the days yet to come.
7- Currently SHPC earns around 35/40 crores CASH (PROFIT+ DEPRECIATION). And is expected to earn around 75 to 80 crores after it clears its loans in few years.
8- Future Prospects & Current Price, both seems to be fundamentally good.
.....The most important factor in HYDRO is 2 things.....1 - Feasible Project.......2-Strong Promoters.....CHCL & SHPC companies has both these characteristics and that is why they are successful.....On the other hands NHPC, API, BARUN, BPCL lacks either of these, making the company prospects weak......Successfull Hydros have powerful returns......BAKI ISHWOR KO LEELA....
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पूजीभैरव on Mon Mar 19, 2018 8:57 pm. »