To me looks like it will be cafe coffee day like listing.Not much hype left …look to listing with interest.
Posts tagged Value Pickr
Duke Offshore – Hidden Gem? (18-12-2015)
Hi Sri Krishna,
Today’s announcement on closer scrutiny has left me somewhat concerned. What is the contract worth in terms of revenues to the Co.? Why has the mgt. chosen to be silent about it ? What is the duration of this International Fleet review ? Is it 15 days or 6 months ?
A bigger concern is that these 10 high speed boats seem to be the same ones that were earlier leased to the Navy to petrol around the harbour. Are these now lying idle or has that contract with the Navy been renewed? I fear it’s the former.
For me the crucial event will be the acquisition of the second OPV. At the AGM, the mgt had indicated that it should happen around December / January. Hopefully, it will happen on schedule n the Co. could continue with its onward journey, though the Co. chose to be silent about it in today’s announcement. Keeping my fingers crossed!
POKARNA LTD ( Stock opportunities ) (18-12-2015)
Thanks to google, found it in one minute 
http://www.emkayglobal.com/Uploads/EmkayResearch/Pokarna%20Ltd.%20Visit%20Note_271115.pdf
POKARNA LTD ( Stock opportunities ) (18-12-2015)
Sorry, difficult to share the report but would share the main points later. This was just a mgmt interaction note without any research/analysis as such.
Introduction & Portfolio (18-12-2015)
Hello Anupam,
I am positive on NMDC and eClerx as good quality, long-term investment. For NMDC, it takes some bravery to have bought it / averaged down.
.-ve’s
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Its cyclical. Iron-ore prices / over-production / china down issues.
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Management may not use capital aptly. Just as an eg: the steel mill venture may not turn out well.
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Naxal security issues at their main mine at ‘Bailadila’
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Quarterly profits are down, almost half they were 12 months back.
+ves
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Company management is giving out positive noises; regarding improving railway lines / a slurry pipeline. (Transportation from interior regions may become cheaper.) Increasing production.
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Company is still profitable. Has a good ROCE. Has an additional ‘other income’ of about 500 Cr each quarter (Sept 2015), due to cash reserves in hand.
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Company is at around book value and 6-7 P/E. Pays good dividends.
Ref: https://www.screener.in/company/NMDC/
For eClerx, you could refer http://forum.valuepickr.com/t/eclerx-cmp-656/253/37
Not following others except SBI.
Regards,
S
Disc: Pf holding ~10% each in NMDC and eClerx
POKARNA LTD ( Stock opportunities ) (18-12-2015)
Sumit, could you plz send the link to the Emkay report?
Granite in absolute terms compared to Sept didnt decrease. i had a look at it.
I spoke to the investor relations couple week back, they say how Brazil currency is hurting Indian granite exporters. I think going forward, Granite growth will be marginally incremental. Quartz is where the most growth should come from.
Hindistan Media Ventures Limted (HMVL): A mispriced bet in newspaper business (18-12-2015)
Here is a research report from firstcall which recommends a buy at CMP http://www.moneycontrol.com/mccode/news/article/article_pdf.php?autono=4464701&num=0
Ranvir’s Portfolio (18-12-2015)
Few more bouts of activity……
Reduced my holding in Jagran Prakshan by 1/4th ( after a 17% gain in 7 months) and in Yes bank by 1/20th( after 40% gains in 20 months)……converted them into UPL at cmp.
Basically trying to bet on agrochemical stocks( UPL and Rallis (bought 3 days back)) after back to back draughts in India and the worst draught in Brazil in 100 years.
I think both these stocks are high quality stocks and their corrected share prices have most of the negetives priced in.
MCX and Financial Technologies (18-12-2015)
I think margin fungibility in nse is a big thing which can reduce the cost of transaction for players already doing equity trading , so a party who is already trading in equity markets may prefer nse over mcx because of margin fungibility , as per various reports most of the traders in commodity market also trade in stocks so NSE can give a big fight to MCX !! . This view expressed by the MD himself in one of recent interviews.
(http://www.thehindubusinessline.com/portfolio/people/a-new-era-begins-for-commodity-exchanges/article7622145.ece
@desaibhai ur views would be helpful.
POKARNA LTD ( Stock opportunities ) (18-12-2015)
Thanks, good going for the quartz segment but we should not miss marked weakness in granite. Emkay had come out with management visit note where they seem to give outlook for sales growth @15-20% for both granite and quartz. They intend to invest in creating additional capacity for quartz by the end of FY18.