Hi,
Was analyzing Modern Shares & Stockbrokers and found the following details
- Company market cap is 4.54 Crores
- Dividend Paying for past many years
- Cash in Company 14.85 Crores
Cash to market cap is very attractive. Any trap in this stock ?
Hi,
Was analyzing Modern Shares & Stockbrokers and found the following details
Cash to market cap is very attractive. Any trap in this stock ?
Hello All,
I have been looking at Granules India for a few weeks now and had the following 2 questions on the stock,
What is the reason for the company availing additional debt ? Is it for expansion ? It seems that with the profits and corresponding accruals they should have been very comfortable financing the expansion through internal accruals
Post split what would be a good price to get into this stock ?
Thanks
Hi Nishant,
Good Picks. I am invested in Granules India and Repco (around 5% for each of my total stock portfolio). It could be more if I have to consider my Mutual Funds (done through SIP). Not sure how they record this in the forum. May be the moderators can help...
I still feel that 67% allocation of the overall 25% - > 16.75% of your overall financial portfolio is higher for a single stock. While I may not be able to comment much on your remaining portfolio. But it is like trying to assess a student on how well prepared is he in Mathematics when he seems to be confident in other subjects One thing is that you seem to be very well covered on the pharma space. Have you looked into other areas that could be the themes for growth in the coming decade. Few thoughts that I feel can be looked at -
1.) Affordable housing and smart cities
2.) Renewable energy for sustenance - Solar & Wind
3.) Great opportunity for Indian Pharma - Continues
4.) Textiles - Can it be the Next Pharma
5.) E-com Boom - I am a little scared after the dot com burst though....
6.) Commodity trading in India
7.) Make- in- India (Theme played by the existing government)
8.) Growth of Quick- Service Restaurants Industry in India
9.) Digitization (Theme played by the existing government)
Members any thoughts?
Promoters of Kajaria seems to have bough the stake in AGL during this quarter ,
http://www.moneycontrol.com/news/buzzing-stocks/cheri-ceramics-buys-15-lakh-sharesasian-granito_3305101.html
Also, last week Tapan Jena (Ex COO of Somany) is appointed as group CEO,
http://www.bseindia.com/xml-data/corpfiling/AttachHis/DAD865DF_3FE0_40F1_9507_12DC5CC8D98B_120221.pdf
Some good indications.
@hrfacebuk - valuation has been done by two separate entities, including the company's banker, so I assume the price is fair. Also, if you think about it, paying 1.8 crore per annum vs one time price of 16 crore is a very fair deal - it is only 5 years of rent, not to mention the synergies that come with it.
@ashwindamani - thank you. I have high hopes for ITFL, and that makes it all the more relevant that one is careful. On another note, I have sent a physical copy of the letter, an email copy and a follow up to the company secretary but have received no response. Do you know any way I can pressure them to respond or at least acknowledge my mail? Does it count as an "investor grievance" which the quarterly results disclose?
Could someone proficient in charting share their technical view on the Kitex Chart?
Persistent Q results are out. Better that expected. Revenue growth in INR is up 16.9% YoY and 8.5% QoQ. PAT up only 0.7% YoY but 6.9% QoQ
See the results link
http://www.moneycontrol.com/stocks/reports/persistent-result-press-release-fact-sheet-for-september-30-2015-2106081.html
Today concall at 5PM India time.
Disc : invested
http://www.adi-mps.com/Investors/pdf/MPS%20Q2%20FY16%20Concall%20Invite.pdf
Concall at 4:30 pm today.
Dial In Numbers:
+91 22 6746 5870
+91 22 3960 0670
The numbers listed above are universally accessible from all networks and all countries.
Local Access Number (Delhi, Chennai, Hyderabad, Bangalore, Kolkata):6000 1221 (Accessible from all
major carriers except BSNL/MTNL)
Local Access Number (Gurgaon (NCR), Bangalore, Kolkata, Cochin, Pune, Lucknow, Ahmedabad
and Chandigarh): 3940 3977 (Accessible from all carriers)
Please make Expenses expandable in Annual Results also as in Quarterly Results.Thanks.
Does anyone have the dial in numbers for the post results conference call.
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