La Opala RG
November 10, 2014
Results Update- Neo Corp International
November 16, 2014
Hello stockholders..! Its 3 session for markets consolidation, nifty is trading sideways, so a sudden change should be expected at these levels. Today we will discuss a Hotel stock COUNTRY CLUB INDIA @CMP 20.50.
Country Club is in the Hotels sector. The current market capitalization
stands at Rs 342.46 crore.The company has reported a consolidated sales
of Rs 124.10 crore and a Net Profit of Rs 4.84 crore for the quarter
ended Jun 2014. It is a divident paying stock of 2.0 face value. This stock has seen levels of 1000 in 2008-09. After getting split from 10 to 2 face value, it was slowly moving with in small ranges, but fundamentally stock is very strong. Also Company manaagement is looking forward to get back on the track, which is also revealed in share value as well as volume traded. The share value has advanced more than three times in this year, in Nov 2013, was trading at 6 and now at 20.50.

Country Club India Ltd has informed BSE that a meeting of the Board of
Directors of the Company will be held on November 14, 2014, inter alia,
to consider the following:

1. To consider and approve the Un-Audited Financial Results for the Quarter ended on September 30, 2014.

2. To reduce the debt of the Company either through Sale / JV of non-core assets or any other means available to the Company.

To update on the completion of large part regular capital expenditure
and no more major cash outflow for capital expenditure for the next 2

4. To focus on increasing margins.

Brokerage firms are also showing interest in the stock and are recommending buy and hold or SIP for targets of 100 in 15 months and 500 in upcoming 5 years.

Note : Author has bought 1000 shares @CMP.

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