Hi. I am Anant from Chennai. I have 7 applications of Coal India. I can apply from 1 Lakh to 2 Lakhs. Please let me know the Kostak Rates & anyone willing to buy the application.
We may always agree to disagree. Also anything is possible in share market. What i said is based on reserve it may be worth even 60 billion $ but based on performance and efficiency and large capital expenditure required to run a mine, its real worth is not more than 1 lakh crore. even on financial parameter it has got net profit of around 6000 cr, so with 1 lakh cr valuation its PE is 16. Any mining company should not have PE more than 12 so its PE of around 22 for 1.5 lakh cr valuation. Then govt of india is going to impose 26 % of all mining company profit in next 1-2 years for social cause.
I disagree with you. Coal India will be thumping success because of the reserves the company has got. Any mineral company has to be valued on the basis of reserves. Second biggest coal mining company Peabody energy corporation ( NYSE LISTED CODE : BTU ) is valued at 13.2 Bn USD. ( i.e. USD1.5 for every ton of the reserves) Even if we give lesser valuation due to inferior quality coal of coal india, it deserves valuation of USD 45 Bn in long run. My dear friend, entire world is waiting for that IPO.
Coal India considering all conditions may be good buy at around 1 lakh market cap. If prices are more than that (coal India looking for valuation of around 1.3 - 1.5 lakh crore) then retail investor may not able to make good profit in next 2 years with this issue. In short term anything is possible. Actually if operated efficiently it worth may be around 3 lakh crore but due to extreme corruption, inefficiency in its operations and large no of employees (around 3.8 lakh) high employee cost and considering international coal prices is relatively high in last 3-4 yrs which may likely to moderate in next 3-4 years, it is better to but at around 0.8 lakh crore market cap in next 2-3 years.
SEBI ko chahiya ki NHPC, I.BULL POWER jaise choor companies and inkay choor lead managers ko black listed karkay inko life time kay liya ban kar day,kiyo ki is tarh ki companies Desh pay 1 dag hi.
Hi SJ, Just have a small doubt on trading.I am also new to share Market.But would like to let my doubt clear from you as you are very good at fundamentals. How the company listed at the stock market gets money when the people start trading the shares they have in there accounts.Is it some kind of brokerage charges goes to there account?