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Broad Street Alerts recent profiles and track record, 217% in verifiable potential gains for our members on the last 4 small cap alerts alone!
February 10th, 2016- (NASDAQ: BONT) opened $1.65/share hit a high of $3.00/share within 30 days our member potential gains- 83%
March 7th, 2016-(NYSE-MKT: FSI) opened at .91/share and hit 1.10/share within 5 days for gains of 21% for our members.
March 24th, 2016- (NASDAQ: ICLD) opened at $.77/share it a high of $1.15/share within 2 days for gains of 49% for our members.
April 11th, 2016 – (NASDAQ: FNJN) called at $1.07/share hit $1.76/share in 3 days for 64% gains for our members.
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TCS report
ICICIDirect’s research report on TCS Q4FY16 witnessed steady quarterly earnings as growth was above our estimates but margins were below. US$ revenues grew 1.5% QoQ to $4,207 million vs. our 1.2% growth, $4,195 million estimate Constant currency revenues grew 2.1% QoQ led by volumes (3.2% QoQ) partially offset by a drop in realisations (~110 bps) At 26.1%, EBIT margins declined ~50 bps QoQ weighed by SG&A investments (-110 bps) partially offset by rupee tailwinds (+ 60 bps) but were below our 60 bps improvement and 27.2% estimate. PAT of | 6,341 crore was in line with our | 6,365 crore estimate TCS announced a final dividend of | 27/share We estimate rupee revenue, PAT CAGR of 11.3%, 9.1% in FY16-18E (average 26% EBIT margins in FY16-18E), vs. 24%, 22.5% reported in FY11-16 (average 27.5% margins), respectively. Despite the management commentary of achieving “strong” growth in FY17E, we are maintaining our FY17E estimates given weak exit rates. We now value TCS at 19x FY18E EPS of | 145 (20x FY17E EPS earlier) to arrive at our revised target price of | 2,750 (| 2600). The lower multiple is to account for longer time horizon.
Read more at: http://www.moneycontrol.com/news/recommendations/buy-tcs-targetrs-2750-icicidirect_6394721.html?utm_source=ref_article
Source- Money Control
Broad street alerts has not been compensated for the mention of any publicly traded companies in this article nor do we own positions in any of the companies in this article.
Broad Street Alerts was previously compensated eighteen thousand five hundred dollars by star media llc for the mention of FNJN however, that contract has expired.
