NMDC Price 210 is good for retailers it should not compair with NHPC ,nhpc is sick co. 3rd class management,and it will go in BFIR near future, it worst psu.
Sesa Goa is having iron ore reserves apart from that Tata Steel too is having iron ore reserves alongwith coal mines and steel plant. Does anyone have studied and thair valuations comparing with NMDC, if so plz comment....
please know me method of how you calculate kostak of any company on their ipo rate on which basis to calculate please inform ........................thanks
DONT TRY TO FISH ON BY 280-300 PRICE OF NMDC U MIGHT GET 5-10/5 RETURN ALSO BUT IN THE LONG RUN THIS 30 PE AND PRICE TO BV OF 10 TIMES WILL NOT BE SUSTAINED ITS SIMILAR TO RPOWER OR WORST THAN THAT
nmdc 99 5 revenue comes from iron ore mining.so it can be compated to sail.also nmdc coming up with 3 million plant for steel.
nmdc has about 1.2 billion ore reserve.mining co valued at 20 dollar per ton of reserve.hence nmdc valuations come to 24 billion dollars.now market cap also around that. 10-15% here there.
now sail has iron reserves of atleast 3 billion tonn.so ay 20 dollar /ton its valued 60 billion dollar if compared in relation to nmdc.but now sail trading at 18 billion dollar.very cheap.ur getting steel plant for free...about 12 million plant worth 40000 cr free additional.
even if nmdc comes up with 3 million steel plant and 50 mt iron ore mining capacity in 2015.by that time sail will have 30-40 million ton steel plant(ten times more than nmdc)..and around 40-50 mt iron ore mining. steel plant capacity iron ore production sail 30-40 mt 40-50 mt
nmdc 3-5 mt 50 mt
sail debts low so one can compare both on market cap basis.
hence its best to buy sail here as its selling 2-4 times cheaper than nmdc valuations.so sail will rise more in comparision to nmdc.atleast two times.