These Options with such small vesting window should surely weigh on the future stock appreciation; unless the stock options have been given to the promotors only!
Warrants to be issued at 1750 convertible to a share face value 10 within 18 months
Also, Minerva fund last purchased 70K share at 1862 on 20th Jan
Bonus 1:1 and split from 10:1 face value would bring enough stock trading liquidity
disclosure: exited last week but interested
The results are out. But I don’t think there’s any merit in discussing them until the New Management starts executing their plans.
There’s another interesting but of activity.
48,000 Stock Options issued to employees at an Exercise Price of Rs. 140 with 50% Vested in the 2nd year and 50% Vested in the 3rd year.
PRESS AND MEDIA RELEASE
Kanpur, January 06, 2024
FRONTIER SPRINGS LIMITED AWARDED & 52.20 CRORE ORDER FOR AIR
SPRINGS SUPPLY
Frontier Springs Limited, a leader in the manufacturing and supply of Coil Springs to
Indian Railways for more than 40 years, is thrilled to announce the **award of a significant **
**contract valued at approximately * 52.20 crores. This order, a milestone in the **
company’s history, involves the supply of 894 sets of air springs.
Commenting on the order win, Kapil Bhatia, Managing Director, said:
The **new plant set up of Air Springs in collaboration with Contitech Germany for which the **
trails were under way got If’s approval last month; received major orders of this scale
yesterday and it certainly paves the way for more in the future. Our team is fully prepared
and confident in delivering these air springs. We are optimistic and anticipate that orders
will keep coming our way. **We are scheduled to supply quantities on a monthly basis, **
aiming to complete the order by the end of this calendar year.”
This order is a significant step in Frontier Springs Limited’s journey towards becoming a
prominent player in the supply of Air Springs to Indian railways. It strengthens our position in
the market as a reliable and quality-driven supplier.
1466dab2-598c-424c-9909-703bbdc25e4e.pdf (bseindia.com)
If you heard the concall, the mgt was reluctant to give details on Order wins and Order Book…i see this as another positive…this order is in addition to the mgt picture painted in the concall (20 cr for air spgs in CFY)…so would it be fair to assume they will certainly meet their guidance for the CFY and NFY?
Comments invited pl.
Disc- invested and biased.
Is there a reason why it fell 5% today? Is it because of its high valuation. is the results on Feb 1st ??
Can anyone please tell me which brokers allow Deep OTM options buying with far away strike prices without any restrictions. I have account in zerodha but they don’t allow deep OTM buying. I have suffered huge losses due to recent volatility in Bank nifty index. Appreciate if anyone can share few brokers who allows deep OTM buying. Thanks in advance.
The QoQ figs are encouraging
Net sales improve by 73%, Ebit and PAT by 75%,73% respectively
Ebit and PAT margins steady at 13.6% and 10% (down from 16% and 12% YoY, respectively)
Agree… grain based ethanol plants are unviable at the current grain prices. Increasing the price of maize based ethanol has caused price increase of maize and all foodgrains !!
Sugarcane is the best source of renewable energy:
Have strong conviction on Wonderla, great execution track record and solid management. Somehow they know the rule of the game and generating profits from year 1 when all other players were struggling.
Close analogy is Indigo who has developed a moat in Aviation space. With strong moat (low cost, own slides, strong brand, ancillary F&B income, zero debt), Wonderla has established itself an indispensable player in an industry which has structural multi decade growth drivers in place (rising aspirations and per capital income, underpenetrated etc).
I have added position today on overall broader market correction.
Contra view or investment thesis are welcome.
Disclaimer: Invested and biased
I feel company A provides greater upside potential for the scenario I presented. There is greater visibility for Company A, but that is priced in as it trades at a higher multiple. If the thesis plays out, Company A can reward more handsomely although with more risk (needs more tracking, better insights). I was looking if there are more factors which should be taken into consideration. Basically, invest where the puck is going not where it has been. Thanks for your insights. Summed it up nicely.