Invest long in K Sera Sera

Hi,

Invest in K Sera Sera. It has given a very good result yesterday with a profit of 42 crore for quarter ending Sep 30. This makes the quarterly EPS of 2.03 Rs per share.Even if we assume the annual EPS for FY10-11 is 7 Rs, it is trading at ridiculously low PE of 2.

Apart from the above mentioned reason to invest in K Sera Sera, there are many more reasons to invest in it. I am listing them down:

1. K Sera Sera Miniplex Pvt Ltd (a wholly owned subsidiary of K Sera Sera) has successfully tied its presence for miniplex theatres in 60 districts with 128 screens across India.
2. K Sera Sera Technologies Pvt Ltd (a wholly owned subsidiary) after successfully developing its mastering software is now conducting trial runs and would be commercially launching the technology under the brand name `skycinex` in near future. Further, the company intends to convert about 3000 existing cinemas in India into `skycinex` technology within a span of 3 years.
3. K Sera Sera Productions FZE, Dubai (a wholly owned subsidiary) announced the successful establishment of its wholly owned Australian company under the name of K Sera Sera Holdings Pty Ltd. (ACN No. 146 219 865). The main objects of this new subsidiary inter-alia are mining, oil and gas, natural resources and acquisition on a global platform.
4. K Sera Sera Box Office Pvt Ltd. (wholly owned subsidiary) is releasing its forthcoming film titled, `332 Mumbai To India` on 19th November, 2010.
5. K Sera Sera Productions FZE, Dubai (wholly owned subsidiary) have planned the launch of its B2C online shopping portal, `kbazzar. com` in early November, 2010. This shopping portal will host approximately 10 million products ranging from books to cars.
6. Since the company is now a diversified entity with presence in various sectors, it is prudent to change the name in line with the new image. Appropriate steps are being taken for the same. 

They are also starting many more portals like klogtalent.com, kmediatalent.com etc.,kgamezone.com, kphere.com, kfreesms.com etc.,

Apart from this, there are 10 films on the floor and 5 films awaiting box-office release by the K Sera Sera Productions.

With the CMP of 15.75 Rs, it is available at high discount. It should go to new highs soon (1-2 yr time horizon).