NMDC - Message From Anand

Anand said...

NMDC PAID UP CAPITAL 600,000 FACE VALUE / SHARE (Rs.) 10 RESERVE & SURPLUS 730 BOOK VALUE (Rs.) 12,181 EPS (Rs.) 3,030 DIVIDEND % 4550% CMP (Rs.) – 21.10.2009 25,150 M-cap (Rs. Crore) 1,509 NMDC PAID UP CAPITAL 3,964,716,000 FACE VALUE / SHARE (Rs.) 1 RESERVE & SURPLUS 11,240 BOOK VALUE (Rs.) 29 EPS (Rs.) 11 DIVIDEND % 221% CMP (Rs.) – 21.10.2009 345 M-cap (Rs. Crore) 136,783 BASED ON ABOVE DATA BV RATIO = CMP / BOOK VALUE – OMDC – 2.06 NMDC – 11.90 PE RATIO = MPS / EPS – OMDC – 8.30 NMDC – 31.36 TAKING NMDC AS BENCHMARK VALUE OF OMDC ON BASIS OF BV 144,912 VALUE OF OMDC ON BASIS OF PE 95,032 TRIGGERS: 1. RINL TAKEs 51% CONTROL OVER OMDC 2. OUT OF VARIOUS MINES OF OMDC, 4 MINES ARE UNDER DISPUTE WITH STATE GOVT. THE MATTER IS UNDER LITIGATION WITH SUPREME COURT. IF THE CASE GOES IN FAVOUR OF OMDC THEN THE WORTH OF OMDC WILL BE 50% MORE -------------------------------------------------------------------------------------------- Thanks Anand ' Please clarify why two set of capital figures Regards , Ashwani