Suzlon will be Numero Uno in India, come 2017 !

Suzlon will be Numero Uno in India, come 2017 !

Now for the short term, things to watch out for:

Q4 results
Equity dilution
positive EPS
Re-Rating of Suzlon
Better interest rate (this depends on Re-rating)

Already Suzlon achieved investment grade on its loan. It could improve further.

Sale of Senvion is, in retrospect, not bad at all. Helped the debt reduction. Entry of DSA group helped manage working capital as well as further debt reduction. SE Forge coming out of CDR by payment and rating upgrade of SE Forge are the positives this year. All eyes on results. But they will be good.

Last quarter, Suzlon posted a loss of 118 Crores compared to 2 years ago when it was posting a consistent quarterly loss of over 300 Crores and some times upto 500 Crores. It did not die then. Fought its way back through pain. People expect miraculous results and profits. Reduction of loss itself is the turning point. Positive book value is just 2 quarters away.

This is a well studied and well timed BUY call for serious investors.

BUY below 16. Below 15 if possible in the next one week. Wait for one full year and taxman will ring your door bell. Same time next year, it would be anywhere above 40.

Last time when it went up to 36, people never bothered about FCCBs. They took CDR as the positive. We saw its negatives on shareholders. But for the company that CDR was a must. Now things are changing for the better, finances well under control, healthy order book, well poised to execute and by the same time next year Suzlon would regain its lost market space.

Suzlon will be Numero Uno in India, come 2017 !

Happy investing