Hitesh Sir,
What is your view on Heritage Foods? Heavily invested in this company.
Unable decide whether to exit or stay in the counter. Business is very good but run by politicians.
I am in catch 22 situation. Please help.
Posts tagged Value Pickr
Hitesh portfolio (15-10-2015)
CCL Products (15-10-2015)
Results on first look seem lacklustre. Will need to go thru the concall details whenever they are available to find out what caused this kind of flattish numbers.
CCL Products (15-10-2015)
Hi Hitesh,
Results look little disappointing...Operating profit is almost flat..no revenue growth...Short term borrowings went up sharply..(while trade payables and other current liabilities have come down)..Can you give your opinion on the results..
Thanks
Century Ply – Khusiyon ka rangmanch (15-10-2015)
Yes. Same group. Don't track the company, so no idea.
CCL Products (15-10-2015)
Q2 numbers came out before bell. http://www.moneycontrol.com/livefeed_pdf/Oct2015/FDD8556C_3F3C_42DF_801C_3E122362B12C_144810.pdf
Stock took a solid beating, on the face of an average result. Based on Prasad's lofty projections, there was heightened sense of expectation but the numbers were far from the 1000 cr/150-160 cr tops/bottoms kind. At this run rate of Q2, much of heavy lifting has to happen in Q3/4, if the above has to happen.
PS - invested and gritting the teeth
VLS Finance limited (511333) (15-10-2015)
Globe Capital Market Ltd also holds 1.37% in Pokarna.
Hitesh portfolio (15-10-2015)
vijay M, Regarding valuations and PE of page we have discussed the topic ad nauseum on the relevant thread and I dont feel there is anything new to add from my side. If one wants to invest it is a leap of faith and people who have kept the faith have been rewarded handsomely till now. How it pans out going ahead needs to be seen.
@sunny, For SIP one needs to identify a group of stocks and keep investing over a prolonged period of time. I feel the SIP guys are best placed to handle market volatility provided they dont try to be over smart and try timing the markets.
@nikhilupai, Biosimilars are in their infancy in Indian pharma sector and will take some time to take off. Currently the exhorbitant price of these molecules cant be justified to treat chronic diseases and hence they are not taking off in a big way. But in US scenario might be different due to high level of health insurance penetration. For Indian companies to compete in the regulated US markets is going to require a big effort in terms of R&D spends. But currently with a slew of products going off patent the way to go forward I feel is to play the theme going on rather then the fear of missing something which is still some time away.
Prabhushankar, I treat most IPOs as Its probably Overpriced.. And hence would take a call after some time once it starts showing some performance. Or there is sharp dip in prices.
VLS Finance limited (511333) (15-10-2015)
According to the latest shareholding pattern of Relaxo footwear, (difference between Jun-15 & Sept-15)
VLS Finance Ltd has sold its share of entire 6.71% share.
Now "Globe Capital Market Ltd" holds a 6.71% share in Relaxo Footwear.
Not sure of Globe Capital Market Ltd is one of the following companies
http://www.bseindia.com/stock-share-price/global-capital-markets-ltd/globalca/530263/ Market Cap of just 15 Crs with 5% promoter holding
OR is it the one listed on Delhi Stock Exchange
http://dseindia.org.in/list_of_companies.pdf
Also, Globe Capital Market Ltd is also the company to which VLS Capital Ltd (promoter of VLS Finance) had pledged 10% of VLS Finance shares for "issuing NCDs"
Does this development would mean an extraordinary gain of approx Rs 400 Crs to VLS Finance Ltd in this quarter?
Any comments by the members of the forum?
Any feedback from people who attended the Annual General Meeting
Welspun India – most vertically integrated textile co (15-10-2015)
Welspun launched its online platform in India & US
My Portfolio – Dhina (15-10-2015)
Thank you @kanvgarg123.
Cyient develops electronic components as well as software for them. So this is not a typical software outsourcing company ( like Infy, TCS), if I understand correctly.Manufacturing would differentiate it, though design and software solutions would be similar to TCS.I am trying to find its direct competitors. Screener.in shows IT service companies as it peers. I checked in moneycontrol as well. But again it lists service companies. Could you please help me in finding its direct competitors?
Thank you very much for helping me.
By the way, Cyient posted good Q2 results today.Share price shot up by 7%.