Royal Enfield opens showrooms in Madrid, Paris
Posts in category Value Pickr
TAKE SOLUTIONS LTD- will you take it? (13-10-2015)
Sundaram mutual fund lift 1.56% stake in Take Solutions Ltd.BSE Announcement on 13.10.2015
Orient Bell Limited (13-10-2015)
Kunal, yes the real estate slowdown is a concern. But just look at the market cap and compare it to the other ceramic players. If it continues with 50cr profit and pays down most of its debt, there could be a significant re-rating here. With its distribution power, this is no small company.
Two bonuses are the JV model and the branding. If any of these bear fruit, we could see significant changes in the ROCE of this company.
Even without this, sales have grown at 20% cagr over a 10 year period. Also the company has for the first time started to communicate in the form of Investor presentations. A subtle sign, maybe? And in 2015 the company promoters have bought back shares around the value of 1cr. Not significant, but already the promoter holding is close to the limit of 75%
KAPIL Portfolio (13-10-2015)
FORCE Motors Crossed 3300 today was looking to get into it since 1900.
Did not had faith in myself to invest in it was looking for confirmations.
Lesson learnt the hard way.
Time to move on with this one more learning.
Regards,
Kapil
Arvind infrastructure: Godrej Properties in the making? (13-10-2015)
Hi Abhijeet,
- Who invests the capital which is required for the construction ? It is invested from AIL's books ?
- In 6/12 projects under development are 100% AIL owned (no JD), so we need to have some understanding on Q1. Who will invest the money for construction, who owns the land currently, is it owned by AIL ?
- In the other 6/12 AIL's share is also north of 50%. Who will invest the money for such projects ?
- Arvind probably is a good brand in Gujarat. But at all India level, I doubt it has any of the quality factor's associated with it, like Godrej brand.
- Next few years companies fortunes are tightly tied to upland properties fortunes as 50% of projected revenues are tied to it. Feels risky.
- Perception that "Beyond Five" project is only residential plotting and very little needs to be done probably isn't correct. Check our their plans http://www.arvindinfrastructure.com/about_beyond_five.php#horizontalTab2
Also fact that their proportion in the project is 45% probably means, they will realize a revenue of 45%*600 cr = 270 cr. and have to spend on all the amenities listed above from that. Probably the land owner get's the 330 cr. as cost of land and no more expenditure form his side. That's how most JD works. - In Godrej properties case, the group land is owned by Godrej Boyce (Group company). Cost of the project development is also to be borne by Godrej Boyce. GP get's a 10% share of revenue mainly for marketing activities, hence providing higher visibility of earnings without putting to much at stake. So we need to understand what's the equation for AIL on these parameters.
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (13-10-2015)
@Rajesh1975 total share outstanding as per BSE site for dwarikesh is 1.63cr and CMP os Rs 51.6...so MCap works out at Rs 84cr..so equity is of Rs 16.3cr and balance 31cr is coming from preference shares...of the preference shares majority is owned by Neotia family
V2 Retail – Second innings playing out well (13-10-2015)
Despite of this news stock up. This is how strange the markets are.
Disc: Invested, willing to hold for long time
V2 Retail – Second innings playing out well (13-10-2015)
Despite of this news stock up. This is how strange the markets are.
Disc: Invested, willing to hold for long time
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (13-10-2015)
Equity of dwarikesh is 47 cr and price 51. Why M Cap is 78 cr. Every dight is showing same MCap. It should be around 200 cr. Can anyone explain please
Granules India Ltd (13-10-2015)
FY16 EPS is only going to 6 (best case estimates factoring in the recent Ibuforen numbers). At 30PE upside is capped at 180. It's already run-up too fast to 160 odd levels. There is going to be a lot of time now for the stock to consolidate and FII's to nibble into slowly. Also gives us the opportunity to add more...