Re: PINCON SPIRITS

Well...PINCON SPIRITS looks interesting with 3 year compounded sales growth of 53% and 3 year compounded profit growth of 52% plus 3 year ROE of 32% while 3 year average ROCE stands at 36% - CURRENTLY QUOTING at 101.80 and available at a PE of 10. It has a small equity of 10.02 cr. The EPS for the 9 months ended Dec 2014 stands at 10.37 vs. 9.93 for the full year ended Mar 2014.

 

Pincon Spirit Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 19, 2015, has discussed and agreed upon acquisition of a Semi Automatic Plant in West Bengal for the purpose of strategic expansion of the Company.Further, the Executive Directors of the Company has been authorised to negotiate on the terms and condition for the said acquisition.Source : BSE Read all announcements in Pincon Spirit RELATED NEWS

Read more at: https://www.moneycontrol.com/news/announcements/pincon-spirit-outcomeboard-meeting_1334198.html?utm_source=ref_article

 

Pincon seems to be an interesting bet. It is trading in D group on the BSE. What does D group mean? I saw it for the first time.

 

Pincon Spirit Ltd has informed BSE that Mr. Monoranjan Roy, Chairman & Managing Director of the Company have received “Outstanding Entrepreneurship Award” for outstanding and exemplary achievements in Entrepreneurship on March 21, 2015 from Enterprise Asia and the Organizing Committee of the Asia Pacific Entrepreneurship Awards 2015.

 

Incorporated in 1978 it has presence in the States of West Bengal, Assam, Arunachal Pradesh, Jharkhand, Orissa, Sikkim Tripura and in UT Goa. The Company is having its own brand i.e. ‘PINCON’, having market base in Multi-state level. Within a short span of time a massive response from the market has been reciprocated for their own blends of IMFL Products viz. PINCON XXX Matured Rum, Pincon No. 1 Select Whisky, King’s Coin Series (Rum, Whisky and Vodka), Highland Blue Deluxe Whisky and having immediate plan of launching several other blends of IMFL Products viz. Perfect Grain Vodka, Ruby Gold Brandy and many more. Also it has a wide spread distributor tie-up for marketing its FMCG products consisting of “PINCON” brand Edible Oil. Present market base has active presence in West Bengal, Jharkhand, Odisha in Eastern India and in Uttar Pradesh in Northern India. The production set-up of the Company is in Kolkata, West Bengal and Agra, Uttar Pradesh. The units are well equipped with modern machineries for effective and proper production along with adequate quality control measures. There is adequate storage space for stocking of raw materials and finished goods for unhindered market supply.







The Company has also started to Blend and bottle it’s Own Brand Country Spirit. The Brand name is registered as “Bangla No. 1”. The present production capacity of the unit is around 25000 cases per month.



They also undertake to supply Kachi Ghani Mustard Oil to the ration card holders in every district of West Bengal under Public Distribution System (PDS).

 

Pincon spirits moved up from 101 to 108

 

Congrats sir. Good call. What is your price target for the long term? I am also considering to enter into it on dips

 

Thanks Parin ji...Technically, above 108 may test 200 in my opinion... not sure

 

100% test 200 in my opinion... 100% sure

 

Made a high of 112.90 before closing at 109.55

 

Pincon Spirit Ltd has informed BSE that the Company has filed application for listing of its Equity Shares on the National Stock Exchange of India (NSE) on April 09, 2015.

Today made a high of 120 before closing at 110

 

Pincon Spirit Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2015, has discussed the matters as follows:1. The new brand of product i.e. “Orange Flavored GIN” in the brand name of "Ruby Gold-GIN" will be launched in the State of West Bengal on April 24, 2015. Ace Actress Raima Sen will launch the new brand of product at the Press Conference.2. The Press Conference will be held at Kolkata on April 24, 2015 to announce Company’s Strategic Expansion Plans for the days to come. Mr. Kuntal Chatterjee, Chief Operating Officer of the Company will adress the press & media.3. A high level committee under the leadersip of the Chief Operating Officer of the Company has been formed to take the decision on the Marketing Strategy of the product new brand product.Source : BSE Read all announcements in Pincon Spirit

Read more at: https://www.moneycontrol.com/news/announcements/pincon-spirit-outcomeboard-meeting_1364825.html?utm_source=ref_article
Mean while PINCON surged up by 11% to 119

 

PINCON @134

 

FANTASTIC Brother! Stock is up 30% since you posted. EXCELLENT CALL. Keep it up

 

Thanks.. bro..

goodstocks/esn1