
My estimate of this counter are as follows:
eps 1st Half 2006 - 0.75 cts
2nd Half 2006 - 0.57 cts (est)
2006 eps - 1.02 cts (est)
NAV - 11.61 cts/sh (est)
At current price of 10.5cts, it is trading at est P/E of 10.3X.
and about 10% disc to NAV.
Kottayam , Jan. 3 Spot rubber finished firm despite profit booking at higher levels on sheet rubber. The grade closed steady at Rs 98 a kg at Kottayam after hitting Rs 99.50 a kg and Rs 98.50 a kg at Kochi.
Volumes surged. Price up!!
Kottayam , Dec. 30 - Rubber price move upwards sharply on the last trading day of the year. Strong support from covering groups and purchase agents and lack of quantity sellers caused price to move up sharply!
Kottayam , Dec. 28 - Physical rubber prices finished firm up on covering purchases on Friday. Buyers on sheet rubber up to Rs 93.5!
Rubber Price rebounded strongly in Dec 06, RSS-1per Kg in Bangkok closed at US$201.15 today. If trend continue in 07, GMG will definitely benefit!
Tokyo, Dec 26 - Rubber futures moved up strongly today morning, drawing fresh buying by bulls and shorts covering!
Kottayam , Dec. 23--Spot rubber picked up again on Saturday. RSS 4 moved up to Rs 91.50 a kg against Rs 90 a kg at Kottayam. The grade was quoted much higher at Rs 93 a kg against Rs 90.50 a kg at Kochi.
Soaring prices likely to take sheen off rubber
http://economictimes.indiatimes.com/Markets/Commodities/Soaring_prices_likely_to_take_sheen_off_rubber_exports/articleshow/844126.cms
Short supply seen lasting in rubber till 2020 http://www.blonnet.com/2006/12/20/stories/2006122003371200.htm
Rubber price set to bounce
http://www.ohio.com/mld/ohio/business/16166913.htm
Rubber futures on the Tokyo Commodity Exchange turned higer today morning.
Kottayam , Dec. 15-- Domestic spot rubber prices recovered sharply on Friday even covering groups set the market on fire offering higher quotes and sheet rubber hit Rs 90!
Kottayam , Dec. 14 -- The rubber futures showed a bullish trend on Thursday. The market followed the direction set by Japanese indices!
Kottayam , Dec. 13 Spot rubber resumed the up trend on Wednesday. The international indices were weak but the domestic market moved against the global mood!.
Rubber exports up on tight global supply |
seems to be on a slight downtrend
Tokyo, Dec. 11 Rubber futures on the Tokyo Commodity Exchange went up further today.
Ahmedabad , Dec. 8-- Rubber futures in near series traded on National Multi-Commodity Exchange (NMCE) terminals hit upper circuit, apparently due to supply squeeze.