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Opinion on  Satyam Computer Services Ltd. (SAY)     Sector: Technology  >  Industry: Software & Programming
Bullish on SAY ...

Aug 11, 2008 09:24 PM GMT
Return Risk
+5.03% LOW
Analyst

Strong Fundamental, recent near 52wks low, recovering.

Brought in at $23 on 11 Aug 08, stop loss set at 21.7.


SAY:  This call was made on 08/11/08 @ $23.62
Rating:   Positive   $23.62 (08/11/08)
Gain/Loss:   -78.62% in 470 days
Target:   $33.71 (+42.72%) in > one year


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stocktiger   69%     1 point   commented 467 days ago reply

"Satyam reported a record year in fiscal 2008 (ending March) on the basis of revenue and earnings, with 46% and 37% growth, respectively. The Satyam management team, in its focused approach to higher-value-added services, is responsible for this performance, in our view," Suri continued. "We believe that Satyam is well positioned to continue its top-line growth and we estimate that the company should grow revenue at an annual compound rate of more than 20% over the next three years."

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