Quarterly results announced:
http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/EE9E08FF_A15A_4734_8030_71B24F700AC0_123021.pdf
Year on year quarterly Sales down 18%, Net profit down 14% majorly due to withdrawal of it's trading arm.
Management has declared a second interim dividend of 0.2 Rs per share.
Disclosure: Invested
Expect stellar results from Laopala today I expect top line around 62Cr & bottom line around 10.4 Cr... it has stood well in recent times despite major indices & markets having tough time... If results beat the expectations & markets turn positive from current levels, I expect LaOpala to move around 735 ... Happy Investing
I doubt the logic of better quarter due to festive season... Page in such a business where festivals don't play a role at all, still I have better expectations... Other income & tax issues may settle down and this will show a different picture in next quarter
Disc : Invested so views may be biased
SBI MF, Head in an interview to CNBC spoke about the opportunity in Chemicals, being the same today as it was in Pharma a decade ago. I think its time for Indian pool of Chemicals to rise and make huge P/E expansions from mere 4x-6x as they are considered commodities to 20x-30x in the next 5yrs.
SBI MF, Head in an interview to CNBC spoke about the opportunity in Chemicals, being the same today as it was in Pharma a decade ago. I think its time for Indian pool of Chemicals to rise and make huge P/E expansions from mere 4x-6x as they are considered commodities to 20x-30x in the next 5yrs.
Great research on Stock - Pondy oxide.
Just curious to know views of seniors on comparison of what management has guided and what actual situation panned out.
This will be important to understand managment philosophy - aggresive / realistic / conservative guidance.
Would be glad to know view of seniors.
Thanks
Thanks Dhwanil.
As per Q2 result announcement, company is migrating 35 out of 36 stations (including 4 purchased from tv today) from phase -ii to phase -iii. Company has paid 340 crs for phase - iii migration and 339.23 cr for new 17 licenses for phase -iii.
Also TV todays delhi/mumbai/kolkata channels are not approved by MIB for transfer. The Company and TVTN have appealed against the MIB decision before the Hon’ble Delhi High Court. The next court
hearing in respect of the appeal is scheduled for January 20, 2016
Contigient liability is inclusive of the bank guarantee given for 30 cr for Mount Everest breweries and the central excise dispute is applicable for all grain spirit manufactures and bottlers which is going to be decided in favour of the manufactures
The employee expense is corresponding with the expansion even though it is slightly higher
Also one question to DONALD and ayush earlier in this forum you guys denied ayush mentioned about not endrossing only invested a tracking qty but the annual report shows like this
Sl. No
For each of the top 10 Shareholders of the year
Shareholding at the beginning of the year
Shareholding at the End of the year
No. of Shares
% of total shares of the company
No. of Shares
% of total shares of the company
1
Garnet Tradlink Private Limited
900000
9.96
900000
9.96
2
Attic Dealcom Private Limited
800000
8.85
800000
8.85
3
Suniket Developers Pvt. Ltd.
81631
0.90
81631
0.9
4
Samriddhi Tracom Private Limited
51554
0.57
51554
0.57
5
Venkateshwar Investment and Fin. (P) Ltd
50400
0.56
NIL
NIL
6
Highgrowth Merchant Private Limited
49255
0.54
49255
0.54
7
Rashmi Tibrewal
42455
0.47
42455
0.47
8
Sanjay Kumar Sarawagi
39624
0.44
40439
0.45
9
Satabdi Tradecom Private Limited
39943
0.44
39943
0.44
10
Adya Merchant Private Limited
33836
0.37
33836
0.37
11
Satya Prakash Mittal (HUF)
NIL
NIL
54801
0.61
Total
2088698
23.11
2093914
23.16
This shows FY 15 there is 54000 shares bought can anybody clarify
Good up move as mentioned by Dhiraj. Great going sir!
As per my view - portfolio has almost all known names - you should buy some unknown names with good businesses & management