A question asked by a reader at X ...my reply is different then average thinking....So I am posting....Read my reply...
hi sir, how about buying #iil ( nurture well foods LLC) now
First thing is, I don't like FV1 stock.
Ofcourse P/E is low at 11,so a good value buy, but lot of competition here in this sector....
Price is at 37 , so looks cheap, but I look it this way.
If it is 10 Fv, the price will be 370. Will I buy at 370? Me , No...but take your call.
Then I added more analysis-in another reply...
So If I decide to buy IIL at 37, means at 370 Fv 10, why would I not buy Vilas Transcore or RMC Switchgear which has far far better fundamentals then IIL according to me.
Now isn't that easy to understand?
IIL , means , Intergrated Ind Ltd.
Make it simple. If FV 1 stock, multiply with 10, and make it 10 FV stock, and then see, whether it is still a buy? Because when u multiply with 10, to make it FV10 stock, you see the real price of FV10. We have usually FV10 stocks in India.
So as I compared, why buy IIL at 370, of FV10 and not buy Vilas Transcore, RPC Switchgear, South West Pinnacle Exp Ltd or Unihealth Hospital Ltd?