WonderLa’s FY13 EPS is about Rs. 8 and at Rs. 125, the PE of 15.63x which is looking attractive at issue price band. One can apply in the issue based on strong fundamental such as Operational experience in the amusement park industry, In-house manufacturing facility at Wonderla Kochi, High profit margins, High safety and hygiene standards, Experienced promoters, management and qualified staff, Entry Barriers and Constantly innovate new attractions at our amusement parks.
The company’s Promoter, Kochouseph Chittilappilly in the year 1996 incorporated V-Guard Industries. Also key management personnel information George Joseph (Chairman, Non-Executive Director (Independent)) serving as director at Muthoot Finance Limited, Ramachandran Panjan Moothedath (Non-Executive Director (Independent)) serving as director at Jyothy Laboratories Limited, Jyothy Consumer Products Limited.
On above strong investment rationale and reasonable valuations, I recommending investors to “SUBSCRIBE”Wonderla Holidays-IPO.
Vinati Organic Ltd. Vinati Organics Ltd. is a sound business with niche product portfolio. Company is largest manufacturer in ATBS, IBB products and seeing 25%-30% growth in both this products, also company doing capex for expansion purpose and estimating Rs.1000 crore revenue after completion of projects. As per expectation, projects will be complete till FY15-FY16, and also company has 2-3 products in pipeline. Currently company trading at TTM PE of 14.27x and TTM EPS of Rs.14.02, and it’s expected that TTM PE of 16.5x and TTM EPS of Rs.16 so that upside in this stock can be Rs.260-300 so accumulate till Rs.170 for the horizon of 12-15 months.