I think the present price is a good level to enter Orbit Exports. They are able to improve their margins due to lower raw material cost and cost cutting measures. Going forward they should be able to maintain the margins. They are also taking measures to avoid over dependence on few customers. According to an analyst report they have pricing power. They sell at $4 what Italians sell for 40 euros (China is not strong in fashion design area). Pankaj Seth the promoter says that they are a bottomline-focussed company not really interested in selling more fabric for the sake of records. Please do your analysis and take a call.
Discl: I am invested from 330 levels
Posts in category Value Pickr
My Portfolio – Need Suggations from Value Members (06-09-2015)
Syngene International IPO – Views invited (06-09-2015)
Mahesh, thanks a lot clarification.My bad, it should be 2129 not 1665.
I thought, if the company puts more number of scientists into other clients, they would feel confident about its r&d capabilities.Hence i felt it number of employees dedicated to each client was very less. Thanks for AR's and for direction. I will go through them to understand it better.
Report problems in the new platform here (06-09-2015)
In Kindle Silk browser(haven't tried other browser), Reply to topic button is hidden behind jumping to page button(bottom and up button). Because of that, an user can't post in the thread instead to post he has to select "reply" to an existing user post.
Byke hospitality – Truly asset light? (06-09-2015)
I personally feel, this can't be a killer multibagger but it's a safe stock with good growth potential.
This stock will milk the cash in the long run and will give great dividends.
Still, I am in a learning phase and will see what happens.
Disclosure : Entered at 175 levels. 15% of my portfolio.
REPCO home finance – another Gruh in the making? (06-09-2015)
V.Raghu executive director explaining about the affordable housing opportunity:
http://www.ndtv.com/video/player/news/repco-home-finance-on-affording-housing-opportunity/381541
disc: invested
ValueQuest moat fund portfolio (05-09-2015)
You are probably right. Its just that before this year's new mandate, investors below 1% were never mentioned. But now they are.
So, your search in June 2014 wouldn't have offered any results even if he held say 1 share less than 1%. But with the new rules (someone with even 0.6% can also be mentioned now, as long as you are in the top 10).
Which is why I said 'mostly out of vaibhav'. No one can be 100% sure. Either ways. Unless you have invested in valuequest
My Portfolio – Need Suggations from Value Members (05-09-2015)
@Pressy79t Read this thread for Sarla Performance http://forum.valuepickr.com/t/sarla-performance-fibres-another-interesting-textile-story-in-making/1927/25
Vakrangee I feel it will come close to 90 in few days the way market is performing.
Which other stock you are holding?
Omkar Speciality Chemcials Ltd — OSCL (05-09-2015)
Prepared a small pdf of key points from 2015 AR.
Please find attached- Omkar_Notes.pdf (1.2 MB)
Omkar Speciality Chemcials Ltd — OSCL (05-09-2015)
FY15 EBIT was 42.7 cr while interest expensed was 14.5 cr, so Interest coverage was near 3x.
Though they also capitalized a part of their interest, & if we consider that also to be expensed, Interest coverage was near 2x.
However, since company is running at 72% utilization & large part of Balance sheet is in Capital WIP, Interest coverage is bound to be a bit worrisome.
Things have improved a bit if you look at Q1 numbers.
On Working capital days, good thing is that company is aware of the issue & is working towards improving it. In Fy15, they were able to improve it from 203 days to 143 days.
Byke hospitality – Truly asset light? (05-09-2015)
thanks a lot lynchfan.i think we have a multibagger at our hands.need to dig more.talked to one the management person mr bajaj.he said they will maintain minimum 3 star standards.and have a standard template for all their hotels.