Store One Retail....a good bet for long?

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by stockWisdom, Jun 27, 2015.

  1. stockWisdom

    stockWisdom Member

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    Store One Retail India Ltd

    Generally I invest in reputed compounding stocks only, but from a screening test and moneycontrol MB, I have spotted this share. The fundamentals : (at CMP 34.70 on NSE):

    (from moneycontrol website, copy pasted)

    MARKET CAP (RS CR) 94.94

    P/E 4.09

    BOOK VALUE (RS) 52.71

    DIV (%) 0.00%

    INDUSTRY P/E 40.73

    EPS (TTM) 8.42

    P/C 2.64

    PRICE/BOOK 0.65

    FACE VALUE (RS) 10.00

    From the company website - (copy pasted from https://www.storeone.in/)

    Welcome to Store One, a chain of multi brand stores that recently came alive in the bustling metropolises of Pune and Nagpur. Presenting leading designer brands and design infused products. It creates a very creditable retail mix of Indian designer prĂȘt by leading names like Monisha bajaj, Hemant Lecoanet, Ritu Kumar, leading global brands like s.Oliver, Alcott, Boggi, Disney, & beauty & lifestyle brands & many more. It allows its patrons the luxury of space, offering an uncluttered array of hand-picked merchandize that are intelligent in price points. A friendly environment, calming music, stylish displays and lots to browse around, It gives you enough reason to get lost for hours within its premises.

    Results now : (https://www.hdfcsec.com/News/NewsDetails.aspx?NewsID=770214)

    Net profit of Store One Retail India declined 46.26% to Rs 5.39 crore in the quarter ended March 2015 as against Rs 10.03 crore during the previous quarter ended March 2014. Sales rose 22.06% to Rs 35.25 crore in the quarter ended March 2015 as against Rs 28.88 crore during the previous quarter ended March 2014.

    What is your view on this scrip purely on valuation?
     
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  2. stockguru

    stockguru Active Member

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    @stockWisdom If you look at it's website bottom left side, you would realize it is from the Indiabulls group
     
  3. stockWisdom

    stockWisdom Member

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    I had posted this on 27 June; do you think that the time has come to look at it??

    I am now buying Future Consumer Ent.......what is your view?
     
  4. stockguru

    stockguru Active Member

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    I am not sure about any of these companies.I don't have any view in particular
     
  5. moat investor

    moat investor New Member

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    both fcel and storeone india -fundamentally good, well established mgmt.

    Still one thing to watch future expansion plans from mgmt..... to take a call.


    However i bought 100units of storeone today @50, watching since @37 last week -upmove of 13 done.
     
  6. moat investor

    moat investor New Member

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    AS PER SCREENER.IN this scrip cons: tax doesnt get paid till date, elseworth good fundamental pick
     
  7. good stocks

    good stocks Active Member

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    I feel that STORE ONE may be accumulated @ 53 now and on down side for long term
     
  8. good stocks

    good stocks Active Member

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    Yesterday done 58
     
  9. w4wealth

    w4wealth Well-Known Member

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    FCEL is consolidating
     
  10. w4wealth

    w4wealth Well-Known Member

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    @darth it was me who :)noticed valueguyz.
     
  11. good stocks

    good stocks Active Member

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  12. darth

    darth Active Member

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  13. good stocks

    good stocks Active Member

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    Store one UC @64.50
     
  14. w4wealth

    w4wealth Well-Known Member

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    :) iam filmy for villains.:)
    but treaat tho banta he friend @darth
     
  15. w4wealth

    w4wealth Well-Known Member

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    darth make sure u book you profits.
     
  16. good stocks

    good stocks Active Member

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    I expect STORE ONE to reach levels of 125-130 in reasonable time
     
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  17. darth

    darth Active Member

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    Treaat to banti hai... Kyun nahin. Afterall I wouldnt have stumbled upon StoreOne had you not highlighted valueguyz. Always give 'credit' where it is due. And so thank you once again. But indulging in mutual admiration- just for the sake of it, its quite downmarket for me.

    Oh btw you do realise my Id is the name of one of the top three 'film' villians of all times.
     
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  18. w4wealth

    w4wealth Well-Known Member

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    at consrvative estimate??
     
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  19. good stocks

    good stocks Active Member

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    -----------------------------------------------------------------------------------------------------------------------
    Technically speaking..!
     
  20. good stocks

    good stocks Active Member

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    EXCELLENT NUMBERS FROM STOREONE... Should soon see new highs..(cmp 61.50)
     
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