Skipper is showing improvement and results are quiet impressive from last year onwards...
The self sustainable growth is very visible.
for SSGR see Dr Vijay Malik's explaination: http://www.drvijaymalik.com/2015/06/self-sustainable-growth-rate-measure-of.html
Posts in category Value Pickr
Skipper Ltd., distributing Power and Water, Is it a moat in making? (03-11-2015)
Eicher Motors (03-11-2015)
Today facebook showed me this adv. about a dealer selling Royal Enfield close to Taipei (I live in Taipei)
Makes me think, that the brand is travelling to places where company hasn't even started selling officially. This is very promising development. Helps to seed the idea/culture and fan club around it.
It's selling for almost 4x of India price, but Taiwan is known to have atrocious tax rates for bike imports so that could be contributing to it.
Taiwan has a huge leisure bike riders market. Mostly dominated by BMW's, Harley,Triumph's of the world.
This is really setting the stage for something very interesting.
Make me very happy !!
Control Print – Deservers attention? (03-11-2015)
vardha ji
increase in authorized share capital is the first sign of raising funds to fund working capital ? (eg : through debt) or any other plan they have for rise in auth capital.
even eros has ballooning receivables, as we knew recently news on eros.
Jagran prakashan (03-11-2015)
Rohit, Hitesh,
One of the reason for higher valuation to DB Corp is their ability to enter any given market and start as No.1 or 2 newspaper from day 1 of circulation, which no newspapers in the world are able to achieve. This reduces their gestation period.
Zen technologies – A micro cap in the defense space- Can it be the next defence multibagger? (03-11-2015)
Director Ravi kumar is taking pay of only 30Lakh Rs which is very modest for 20Year experience and he owns 8 lakh shares.
Ashok Atuluri took 1.4Cr salary in 2012 when they were in profits. 2013, 2014 he took only 30Lakh
Management looks to be honest and incentives are tightly coupled with performance.
INDIGO ready for takeoff :airplane: (03-11-2015)
Aviation sector in for good times thanks to low fuel prices,huge opp size n new NCAP ie new civil aviation policy.
Zen technologies – A micro cap in the defense space- Can it be the next defence multibagger? (03-11-2015)
Starting a new thread on a defence based micro cap Zen technologies
They basically prepare simulators in the defence sector primarily landbased as of now. Here are a set of links all should go
through:
- Please go through this interview
- Please read through the future of the simulator industry in India
http://www.defproac.com/?p=820
- Several videos on the simulator technlogies you will find in the media section on the company website.
Here are some viewpoints to kickstart the discussion.
- The current sales is just around 80 crores.
- The land based simulator potential over the next 4 to 5 years is more than 5000 crores.
- The fastest growing section is in the aviation space. Zen is foraying into it with typing up with Rockwell Collins
http://www.zentechnologies.com/news/Zen-Technologies-Rockwell-to-unveil-collaborative-effort-at-Aero-India-2015.php - The CMD indicated that they are at advanced stage of negotiations for a 500 crore order (5x of current turnover).
- Huge operating leverage in play (Above 100 crores operating margins go up to 30 percent).
- The CMD indicated they they could make a stake sale of 24 percent to strenghthen their products especially in the aviation space.
- The make in india push and defence offset clauses have made a sea change on the environment in the defence industry.
Astral polytechnik ltd (03-11-2015)
"In a parallel development, it made an allotment of 1.38 million equity shares on preferential basis to Parikh, who had founded Kanpur-based Resinova Chemie in 1995, at a share price of Rs 425.93 apiece, aggregating Rs 59 crore (approximately $9 million)"
Read more at:
http://www.vccircle.com/news/technology/2015/11/03/astral-poly-completes-acquisition-resinova-chemie
Control Print – Deservers attention? (03-11-2015)
I think no one's looking at the ballooning receivables - the company now has Rs. 35 Cr. of receivables outstanding - up from Rs. 25 Cr. last yoy.No wonder the company authorized an increase in authorized share capital
Look at operating cash flows - all of the profits go back into inventory of FG that they maintain at customer's end. I am not sure if this is healthy in the long run. This is reflecting in the increasing WC debt too whch is up 25 % or so.
Merck Limited: The Most Undervalued MNC Pharma@ High Growth (03-11-2015)
Some aimless rambling. Even after reading it over two times, I am unable to make out what is it that the author wants to convey or maybe senility has overtaken me.