“Suven Initiates Phase 2A trial of SUVN-502 in USA in Alzheimer’s Disease”
SuvenLifeSciencesLimited (2).pdf (103.5 KB)

ok... after multiple attempts, was able to get through to the company folks.

They were forthcoming and here are some of the observations.

-their foray into steel conveyor belts is indeed a big event. The pricing of this @ 3000/m is almost 4times the normal belt. The life is these belts is much better at 4 years as compared to 12-18 months for normal belts makes this more attractive for clients. Also, this requires less maintenance.

• there was a delay in getting this product in place and so they had subdued q1 and q2. But they indicated that q3 and q4 should be substantially better and they should easily cross 100 cr for the year.

• Also send next year should be much better. Close to their guidance. So perhaps 200 cr at a pat of 12% would mean an eps of close to 20. I think at a minimum u should give at 10 p/e for the growth rates they can sustain, but make ur call.

• The industry is still dominated by small players and clients are largely psu's where price is the most important determinant without major emphasis on quality.

So in pvt sector bids, they easily win, but is not so the case with psu's like NLC. But the market size is huge (I don't remember exactly, but I think NLC alone is 200 cr/year). So with their competencies they should be able to scale up.

I checked with some local folks and they had good things to say about Somi and the Bhansali's. But I don't know the source all that well and since he is from the local pollution control board, I don't know what this means.

p.s I hold a position - a medium one.

everyone seems to have a view and at times everyone sounds right. Let me add my 0.5 cents here (I know that it VP maturity index, that is all I am worth !!). I think, @subashnayak_19 has been given a prompt rejoinder and that is a fair ask since he is veteran, who has made significant contribution. That said, converting this tag line to what it is now is probably stretching the point. My simple addition - if one says that he or she is not qualified to right about the risks since they are not veterans of this industry, then the opinion must be respected. afterall, this forum is for discussing it further. (Agreed that it has to be in the right section but it is a simple move by the admin)...keep it coming Subash .....

"Board of directors of the company today has accorded in-principle approval for exploring consolidation options with Tree House," says Umesh Pradhan, CFO of Zee Learn.

Read more at: http://www.moneycontrol.com/news/business/zee-learn-vs-tree-house-who-isbig-fish_4462961.html?utm_source=ref_article

@mukesh_gt
Dear Mukesh, nice to meet you.
Myself a Transformer Design Engineer.
You are correct that Transformer Industry is at cut-throat competition.
Especially distribution transformers are became like a commodity product. There is no rocket science involved in making distribution transformer. Hence there is no moat, There are hundreds of distribution transformer companies in India. Recently ABB shutdown its plant because of high supply and less demand.

Only power transformers business above 220kV can offer entry barriers in terms of Product approval from state board and Product technology. Power transformer business also suffering with surplus capacity and lower utilization levels. But there is hope in the industry that demand will pickup in near future. Recently announced reform UDAY is a boon to the industry if it could implemented by states.

Look at less stressed power transformer companies like TRIL. They will be the major beneficiaries of this reform. Read this article http://wap.business-standard.com/article/companies/power-equipment-manufacturers-expect-uday-to-boost-order-flow-115120300835_1.html

Disclosure :
Not invested in Voltamp
Little position in TRIL