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Saturday, November 11, 2017

Result Update - Ceejay Finance & LKP Securities Ltd. - 2nd Quarter FY 18

Great set of numbers by Ceejay Finance Ltd :

QoQ :
Revenue from Operation (Net) increases 3%
Pat increases 23%

YoY :
Revenue from Operation (Net) increases 20%
Pat increases 38%

Half Year ended comparision :
Revenue from Operation (Net) increases 25%
Pat increases 46%

Numbers are simply superb considering hang over of demonetization and GST effect.
Ceejay Finance likely to report FY 18 EPS of 18 Rs per share, even PE of 20 should take stock price to 350+ . A screaming buy at current price.


Excellent numbers posted by LKP Sec Ltd :

QoQ :
Revenue from Operation  increases 1%
Pat increases 86%

YoY :
Revenue from Operation  increases 21%
Pat increases 500%

Half Year ended comparision :
Revenue from Operation  increases 21%
Pat increases 380%

LKP Sec Ltd likely to report FY 18 EPS of 1.5 Rs per share, PE of 25 should take stock price to 35+



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