Investment of Lifetime

Sunday, April 3, 2011

Oil on Boil - Indian Stock theme to pick - Cairn India

Why Cairn India

  • Oil on the rise.
  • Production on the rise.
  • Profit on the rise.
  • Growth projected 30%, So PE will try to catch up with growth as EPS increases.
  • Wait for Q4 result, expected EPS Rs 35.
  • Open offer will not get subscribed too.
  • Oil is a non renewable
  • Oil will remain high as dollar depreciates, US debt increases.
  • ... to be continued. (you can add comments)

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