vardha ji
increase in authorized share capital is the first sign of raising funds to fund working capital ? (eg : through debt) or any other plan they have for rise in auth capital.
even eros has ballooning receivables, as we knew recently news on eros.
Rohit, Hitesh,
One of the reason for higher valuation to DB Corp is their ability to enter any given market and start as No.1 or 2 newspaper from day 1 of circulation, which no newspapers in the world are able to achieve. This reduces their gestation period.
Director Ravi kumar is taking pay of only 30Lakh Rs which is very modest for 20Year experience and he owns 8 lakh shares.
Ashok Atuluri took 1.4Cr salary in 2012 when they were in profits. 2013, 2014 he took only 30Lakh
Management looks to be honest and incentives are tightly coupled with performance.
Aviation sector in for good times thanks to low fuel prices,huge opp size n new NCAP ie new civil aviation policy.
Starting a new thread on a defence based micro cap Zen technologies
They basically prepare simulators in the defence sector primarily landbased as of now. Here are a set of links all should go
through:
http://www.defproac.com/?p=820
Here are some viewpoints to kickstart the discussion.
"In a parallel development, it made an allotment of 1.38 million equity shares on preferential basis to Parikh, who had founded Kanpur-based Resinova Chemie in 1995, at a share price of Rs 425.93 apiece, aggregating Rs 59 crore (approximately $9 million)"
Read more at:
http://www.vccircle.com/news/technology/2015/11/03/astral-poly-completes-acquisition-resinova-chemie
I think no one's looking at the ballooning receivables - the company now has Rs. 35 Cr. of receivables outstanding - up from Rs. 25 Cr. last yoy.No wonder the company authorized an increase in authorized share capital
Look at operating cash flows - all of the profits go back into inventory of FG that they maintain at customer's end. I am not sure if this is healthy in the long run. This is reflecting in the increasing WC debt too whch is up 25 % or so.
Some aimless rambling. Even after reading it over two times, I am unable to make out what is it that the author wants to convey or maybe senility has overtaken me.
Yes very well explained by Raj
motherson sumi is B2B business.
It has business in over 80 countries and is the leading suppliers as OEM to all major automobile companies of the world.
Though it's profit margins are less but this company is generating ROCE of 30-40% consistently over last 10 years.
Currently it has been beaten down by the Volksvagen issue.
Disc : Invested
"The net profit is at Rs 1000 crore on basis of the recent results declared."
What is the turnover (ie annual sales) of Merck?