FINANCE & STOCK ADVICE: My View On NIIT Technologies

About The Company

One of the most fancied stock of the sector among both the investor as well as the traders. The company is a software company but belongs to midcap IT companies.

About The Results

The company has posted results for the third quarter ended 31^st Dec 2008, on a YoY, the net revenue of the company rose by 8.37% at Rs.118.37 crore but on a sequential basis, it dropped 4.33%. Its operating expenses rose 25% and this was mainly on account of the rise in development costs at rs.12.13 crore and the forex loss of Rs.11.73 crore, which in Q2FY09, it had managed to post a gain at Rs.6.50 crore. Employee cost more or less remains stable at Rs. 66.90 crore, which was at Rs.66.25 crore in Q2FY09. So looks like the company has not had to resort to any major downsizing.

OPM of the company is -84.46% as against 31.98% in Q3FY08. Net profit for the quarter took a massive beating and was down 59% on a YoY at Rs.12.02 crore. And on a QoQ, it was down 59% too. NPM slipped to a meagre 9.37% from 24.11% in Q3FY08.

About The Stock

The upcoming times would be more tough for the company and the stock performance accordingly wouldn't be good. A fresh investment in this stock would not be a good idea at present times.

Disclaimer : I do not have any personal holding in this stock.

MULTI BAGGER STOCK GROUP

Some of my group's multi bagger picks during the rally were NMDC , MMTC , STC , Larsen ,Jindal Steel & Power , Unitech , BF Utilities , Jai Corporation , Walchand Nagar Industries, RNRL , Reliance Infra (Reliance Energy) etc.

I had been long associated with a corporate engaged in financial services , where with the assistance of specialized tools along with my special analysis as per some historical accepted theories of stock market like W. D. GANN's Theory , Elliot Wave Theory and others are used with reliable insider information of so called " operators" who play a major role to make a stock ,a Multi Bagger ,I do make my gem picks in this market.

I had been running my group , where the associated people get the reliable and most beneficial to get the unexpected return as seen in the above mentioned tips. Say for example the stock called MMTC had jumped from 2000 level to 56000 per share of historical price where the capital appreciated by 28 times in very short period with 2700% return on capital employed. Likewise in RNRL we started accumulating at RS 25 level from where we saw it moving at 250 level giving 10 times with 900% return.

These sort of return is helpful as ,

1. Handsome gain will make a jack to our capital.

2. Limited stocks trade , as daily trade could be avoided , which is more risky.

3. Long term capital gain , so no tax liability.

4. Whole income in white, which could be further deposited into fixed deposit to get assured monthly income later.

5. Strong income tax file without paying any taxes.

Our role here could be summarized as :

1. Giving tips to all registered member at proper time , when the stock is just about to take off, neither too early not too late.

2. Make sure investor do not gt stuck into it.

3. Recommend to exit when the operator is about to leave it.which is the most important work or else the whole accumulated and deemed profit will be washed away along with part of investment and will remain stuck for long - long period.


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My View On NIIT Technologies