Dredging Corp Multibagger Porinju Recommendation

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Pee Vee
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Dredging Corp Multibagger Porinju Recommendation

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Why Dredging Corprn is up by 110% in 365 days:

'National Waterways' theme for Stock Picking - 18-03-16

Dredging Corporation is priced at around Rs 900 crore today. It is a government company and it is a healthy balance sheet, some Rs 700 crore kind of debt and it is a very good company. It can grow fivefold or tenfold in the next 2-3 years time. That is the kind of potential is there and ITD Cementation, its stock market price is Rs 103 converting into Rs 1,600 crore of market capitalisation some Rs 800 crore of debt. So, the enterprise value is something like Rs 200 crore.

ITD Cementation is already highly performing company. ITD means Italian Thai Development Company and it is a very professionally managed company with a healthy balance sheet. They are having monopoly in some of these maritime structures kind of segment. So, this company is also likely to benefit immensely going forward. So, stock pickers in India should have the common sense approach which sectors and which companies are placed in the new emerging opportunities to take advantage.

https://www.youtube.com/watch?v=dCccsq2-YeM
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