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Monday, April 4, 2011

SOKHI PICK OF THE WEEK : Smartlink Network Systems Ltd CMP 75

Smartlink Network Systems Ltd (BUY) 73-76 (SL) 70 (Targets) 80 / 83++

Last week, Smartlink Network decided to sell its ‘Diglink’ brand structured cabling business for Rs.500 crore in an all cash deal. Being debt-free with 67% promoter holding, it may declare a huge special dividend. At current market cap of Rs.200 crore it’s worth a punt.

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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.