their annual report sheds a lot of light on initiatives to tap international market.
Posts in category Value Pickr
Shree Hari Chemicals – Get 18cr Cash & Business for free (02-12-2015)
Hi, Good Analysis but if factory is closed and there is no future about company how share value will rerate, company will keep posting operational expness as loss and will not able to grow money other than earning interests on cash in hand. Similar company Smartlink sitting with hugh cash but not able to sell products and not able to increase sales then how will it gives CAGR on capital employed / cash in hand.
Virat Industries Ltd – Sock Stock (02-12-2015)
I ordered a pair on flipkart and received it in time. Few observations - packaging was poor (sent in A4 size office envelope!), price was high, even if you buy 2 pairs of different types of socks from same buyer for same customer address shipping cost was charged 2 times. No reviews on Amazon. Socks are of good quality but I am not sure I would have ordered them if I would have no interest in the company.
Hence IMHO, there is long way to go for brand"Lord Walker" to become household name in India.
Disc - Not invested but watching.
Virat Industries Ltd – Sock Stock (02-12-2015)
I ordered a pair on flipkart and received it in time. Few observations - packaging was poor (sent in A4 size office envelope!), price was high, even if you buy 2 pairs of different types of socks from same buyer for same customer address shipping cost was charged 2 times. No reviews on Amazon. Socks are of good quality but I am not sure I would have ordered them if I would have no interest in the company.
Hence IMHO, there is long way to go for brand"Lord Walker" to become household name in India.
Disc - Not invested but watching.
Wockhardt – A story with twist and turn (02-12-2015)
More good news for Wockhardt
Now US FDA approval should not be far away
Wockhardt – A story with twist and turn (02-12-2015)
More good news for Wockhardt
Now US FDA approval should not be far away
Agro Tech Foods – A small cap MNC foods FMCG (02-12-2015)
Key highlights of Conf Call by Capital Mkt
The standalone net sales for Q2 FY16 have increased by 1% to Rs 199.13 crore. The net profit declined by 36% to Rs 5.13 crore.The standalone net sales for H1 FY16 have increased by 1% to Rs 380.52 crore. The net profit declined by 27% to Rs 9.72 crore.For Q2, sundrop oil sales grew 5%, food business by 6% while Crystal oil was down by 17%.Sundrop oil sales grew by 4% for H1. Food business grew by 6%. Crystal oil sales declined by 13%.Food business sales was Rs 89 crore for H1 and the mgmt expects food business to do sales of Rs 180- 200 crore for FY16.Sundrop oil volume for H1 was 7%.ASP behind sundrop oil was Rs 2.8 crore and Food was Rs 16.9 crore for H1.Premium edible oil industry must has seen flat growth for H1.
The mgmt said that it has seen some increase commodity prices in last couple of month, resulting in pressure on gross margin in Sundrop oil.
Peanut butter sales was up by 28% to Rs 11 crore for H1. 7-8% volume came from small sachet packets. Big packs also doing well.ACT II performance was disappointing. Sales grew by 5% for H1. ASP spend was low vs H1 FY15. The mgmt expects with distribution expansion, sales will pick up.The mgmt said for instant popcorn it requires to invest in distribution along with ad spend. Ready to eat popcorn is a volume products for which the company need lots of factories. It will become strategic product but not now, as supply chain is not in place and so distribution, but will become next 18 months ahead.
In 1.25 lakh stores ACT II is distributed today. The company is investing in distribution and media for growth of ACT II.ACT II Nachoz is doing well.The company has started rolling out salty peanuts (different products from same raw material which is peanut, procure to make peanut butter) and it's doing well.Gross margin was under pressure in H1 as manufacturing overheads are significantly high. Hope to see gross margin improve in H2 on manufacturing stabilization.
Interest cost high due to working capital charge. The company is in process of importing corn, which has resulted in increase in borrowing by Rs 85-90 crore.The company's people on fleet are doing business of Rs 6000 per day, which the company expects to reach Rs 8000 by end of year.Tax rate – 31% expects for FY16.
Deepak Fertilizers and Petrochemicals (02-12-2015)
hi
for cup and handle ideal cup is rounding bottom kind of cup. Shallow cups are not preferred.
And the handle part should not correct more than 50% of the whole upmove of the cup. Smaller and shallower handle is better. Important is the volume surge during breakout and volume drop during the formation of the handle.
stop loss is the bottom of the handle.
Agro Tech Foods – A small cap MNC foods FMCG (02-12-2015)
Thanks Rohan @rr1980 for sharing your perspective.
Even Marico had only two brands - Saffola and Parachute driving their majority of sales and profits.
My Summary of MOSL Wealth Creation Study (02-12-2015)
I didn't see this summary earlier.
Very well summarised and easy to digest, as it makes it easier to get the gist of the MOST study without going through the entire original document.
Kind Regards.