Tuesday, July 21, 2009

Satyam Computer Services Ltd. (SAY)

Well here is my first recommendation!

SAY has great fundamentals, and has been absolutely beaten down by the global meltdown that has ocurred over the last year.

With positive earnings per share (1.41) and analysts expecting an 18% increase for the next 3-5 years... this stock could shoot right back up to its $15-20 range in a short time!

All margins, ROI and ROA are above 15%. Even in this economy, they have managed to stay strong.

They still pay a dividend while you wait, and the debt/equity ratio is RIGHT where I like to see it. LOW. 0.05. So this is a company with cash on hand. They just changed the full name of the company because of a bad association from the past, and they are on the road to recovery.

Full disclosure... I own SAY, and got in at $3.29. A far cry from when it was trading around a buck, but still a healthy profit so far, and I am holding.

Take care

DH

No comments:

Post a Comment