Deadpresident Visitor's Reco

Satish - one of the visitors to our blog writes ...

I Think Hinduja TMT is grossly undervalue at the moment and seems like a good stock to hold for 1 year with a target of 1000-1200. would appreciate if you could share it with your readers on your lbog.

The stock fundamentally valued in the following terms:
1. Rs.50/stock of cash which they approx have.
2. The Media arm which is valued @ $1bn
3. The hutch stock sale which kicks in about Rs.450/stock
4. CAS which shall kick in towards year end, leading to substantial revenue gain to the media arm.
5. Prime realty near Banglore's new Airport.
6. The demerger which itself shall unlock value
7. About Rs.40/stock which the company still has in terms of other investments.
8. A BPO business of 8000 people spread over India/Philiphines, earning about 100cr per year or around Rs.15 EPS annualised. This business itself should be worth around $300-400mn dollars.

Would you still want to value HTMT @ 2000Cr or $400mn for all of the above