Compact Disc.....cmp..Rs.57.25...Dark horse..

Friends,
I donno whether this call I am giving , many will like it or not but after observing Compact Disc for many qrs I had come to the conclusion that it is now high time for investors to have a look at it.
I have read messages at mmb and at other places and expert has come upon a decision that Compact Disc is not worth looking at.It is a penny stock and will become penny again.
But my view is totally opposite to what expert thinks.
The positive I am seeing here is Compact Disc is listed in Forbes Asia Magazine as one of the fastest upcoming Co under billion dollar category.
What I was thinking was that if Compact Disc is not worth looking at then how Forbes took note of it?Without checking the credentials how Forbes can consider it?If the sales are fictitious then why it should be included in Forbes list?
That has prove to be a storng point for me to write it down about Compact Disc here.
Cos last year eps was 50 and quoting at rs 57? means going at 1 p/e?The BV is also 100 , so available at .5 BV to price ratio.
The sales was 228 cr last year and Mcap is 54 cr....
Well, it kept on declaring dividend and investor never got the Div.That was because there was a case going on against Compact Disc and it has come to an end and hence the Div will be depatched this year.
The Sep qr results has been fentestic and is coming in line with previous qr.

This is CM statement which I have copied from the AR of 2009-2010....

Dear Friends,



In the financial year 2009-10, Compact Disc India Ltd. (CDI) has witnessed accelerated growth andmarket leadership.


The company is anticipating significant growth in its business and with the growing business it needs to set-up Pre-Visualization Studios at Los Angeles, London and Singapore. All existing business from affiliates shall be consolidated in Chandigarh by the end of this year. CDI will also be holding company for all overseas subsidiaries. These subsidiaries will be serviced by establishing marketing offices in Sao Paulo, Tokyo and Johannesburg.


The company has also decided to set-up five world class state-of-the-art Animation & Gaming Centres of Excellence at par with IITs, which would be the first of their kind in India. The first such centre at Chandigarh is already in process of commencing Animation & Gaming courses for engineering students to impart highest level of quality education from the session 2011-12.


During the year 2009-10, CDI, the largest animation film company of South Asia, reports the following achievements:


 Sales Revenues higher by 18.78% at Rs. 228.17 crore


 Profit-After-Tax (PAT) increases by 19.82% to Rs. 47.33 crore


 Profit-Before-Tax (PBT) increases by 9.73% to Rs. 48.07 crore


 Earnings per Share (EPS) higher at Rs. 49.45 as compared to Rs. 41.27 last year; higher by


19.82% (annualized).


With best wishes of the shareholders, CDI is going to take a giant leap ahead.


Warm regards,


Suresh Kumar


Chairman


The AR report of the Co can be read at its website if anyone wants to read it thorougly.
Well, I have written about Compact Disc and let us see where it goes in a year or two.
DD is a must for anything one wants to buy after reading here what I write.But I feel that Compact Disc is grossly underpriced and should be given a look at it...
Well friends, I have no access to go to the plant and have a look at it but anyone residing at Chandigadh should take a chance and visit the plant and meet someone there.
I think my blog reader who resides in Chandigarh should go there and write it down here what he saw and what he talked with the management.
I think management will be most willing to talk with someone who visit the plant because many things has been written against the Co and they would like to come out clean in investors eyes....
It is not so that those living in Chandigarh need to visit the Co, if someone is interested in buying good stake then he/she can go to Chandigadh from any part of India.
Depends upon the passion and how much one wants to do.