I am speculating here. Cotton prices are at 6 year lows. So it may be reflected in the sales price and thereby revenue. If at all this theory is right, then shouldn't we be focussing on profitability rather than top line?
Posts tagged Value Pickr
Lactose India – Unique Play on Lactulose & Contract Manufacturer for MNCs (24-10-2015)
You are right, roughly 46382 shares sold by promoters during this period, for maybe for a consideration of about ~15 lacs at average price of 25 ?
Both promoters draw about 55 lac per annum salary from company. So not sure, what prompted them to sell shares when prospects look so bright for the company. I think it's not a deal breaker
Total no. of shares belonging to promoter.
Jun'14 - 3250792
Sep'14 - 3236792
Dec'14 - 3234910
Mar'14 - 3218700
Dec'14 - 3204410
Realtime Alerts for BSE Corporate announcements (23-10-2015)
Hi Manish,
Currently the hosting server are having technical problem at their end. Request to kindly bear for few more days. Once issue is resolved I ll post here after which you can use forgot password link and regenerate password.
Kitex Garments Limited (23-10-2015)
I think the core issue here is management guidance and ability to execute on guidance. There is a growing sense that this management, while being brilliant at its core business, indulges in over ambitious guidance. While this may be forgiven in an emerging star so to speak, multiples will rapidly drop for Kitex if they continue to do really well but fail to meet targets they set for themselves within timelines. This is the core concern as it is a pattern and unfortunately, not a comforting one.
Realtime Alerts for BSE Corporate announcements (23-10-2015)
@Sunilsurana
hi Sunil,
i tried to register but first attempt failed and on subsequent attempts i am getting a prompt
Error : email already exists.
my email is manishinlucknow(at)gmail.com
kindly help
Omkar Speciality Chemcials Ltd — OSCL (23-10-2015)
Omkar results out today.
Sales increased from 66 cr in q2 fy 15 to 101 cr in q2 fy 16.
Net profit increased from 6.4 to 9 crores.
Half yearly EPS is at 8.35. (There is an error in the figure of eps reported in the result put on bse)
Looks like the good times are continuing for the company.
total debt at 215 crores as compared to 200 crores as at end of q2 fy 15. (there's variation in long term and short term figures but overall figures are as put up here)
Promoter pleding continues.
disc: invested.
Lactose India – Unique Play on Lactulose & Contract Manufacturer for MNCs (23-10-2015)
0.17% reduction over a quarter can be ignored i guess. Could be for personal reason?
Lactose India – Unique Play on Lactulose & Contract Manufacturer for MNCs (23-10-2015)
Was covered by Value-picks blog also -
http://value-picks.blogspot.in/2013/02/the-curious-case-of-lactose-india.html
Promoters have also been reducing stake over last few quarters. Why?
Talwalkars Better value Fitness Ltd – Good fundamentals (23-10-2015)
Talwalkars have decided to expands beyond India. First strategic investment in neighboring Sri Lanka in Power World Gym having similar customer and margin profile. I think good use of QIP proceeds which would help to improve ROE. This is much better fit and use of investment than club JV. This should stock gets it "mojo" back.