Redington India - hidden logistic company -ProConnect

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Swapnil, Aug 2, 2016.

  1. Swapnil

    Swapnil New Member

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    Hi Guys,

    I have create this thread to get your views about logistic and Gst play of this company. So with healthy discussion it benefits all member of forum.

    Redington India is a distributor of IT and Non IT product in India and MEA. Has IT sales services and Logistic and Warehousing part ProConnect. Currently is available at PE of 10 with dividend yield of 2%+.
    Financial https://www.screener.in/company/REDINGTON/consolidated/
    Investor Presentation : https://corporates.bseindia.com/xml...91E536_3647_4A59_B20D_880E9DD0793D_144719.pdf

    Welcome your thoughts and criticism on this company growing at 16% cagr in terms of sale and profit.

    Question :
    1) Will market rerate this stock as per other Logistics stocks.
    2) This stock will be major beneficiary of GST . How gst will improve profitability of this company.
    3) Can Logistic part be demerged to unlock value for shareholders.
     
    w4wealth likes this.
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