@ravijain88 Your numbers are not right. fhco reported $4.3mn PAT for full year ending september2015 and this is equal to INR 29cr. Cupid’s PAT for four quarters ending september2015 is INR 11-12CR. FHCO did volume of 61mn for full year. Cupid did FC volume of 15mn in 6 months.
Posts tagged Value Pickr
ALLSEC Technology – BPO turnaround story (04-12-2015)
Hi @ansii77 please let us know what is the source of closure of the loss making Mortgage business?
I couldn’t get anything in this regard except for absence of mortgage business numbers in quarterly (Q1 and Q2 FY2016) numbers. Is there any explicit announcement in this regard?
Thanks
Cupid Ltd – Helping the world play safe! (04-12-2015)
Its net profit is same as that of Cupid despite selling 60 mn pcs vs 15 mn pcs of Cupid. Going forward, this may turn into losses due to followings:
- Difficult to maintain 60 mn pcs due to stiff competition from Cupid.
- Past profit was higher due to tax benefits which will not be the case in future
- Operating cost is increasing continuously
So looks like Cupid has huge advantage over FHC.
Cupid Ltd – Helping the world play safe! (04-12-2015)
Look at this FHCO listed at Nasad has obly 500 cr m cap and PE is only 10
http://www.nasdaq.com/symbol/fhco
Am I missing something ? By this means Cupid valuations are stretched ?
Byke hospitality – Truly asset light? (04-12-2015)
I continue to be bullish on Byke and my conviction is increasing day by day. As a part of review. I was looking at the Industry Performance vs. Company Performance. And you will be glad to know that.
Rather than making any opinions and conclusions, you take a look yourself. 
The only thing, I am seeing as of now is, BYKE is a good company with good financials with good track record with good management in a stressed and asset heavy industry with asset light model.
Disc : Invested around 25-30% of my portfolio.
Kitex Garments Limited (04-12-2015)
I also jumped up from my seat when read this….but I guess they are already into this business under kitex limited…where they manufacture lungis,undergarments.. Etc..i even did google..if I can find out some news over it…i typed kitex + diapers…they are already selling online on kitex limited site…one one side Forbes latest article claims to be a new business….and the company claims to be already in this business through kitex limited..(not kitex garments limited).
Tree house education and accessories ltd. – Potential candidate for improvement in RoE (04-12-2015)
Based on the disclosures submitted by Geeta Bhatia yesterday, the following is the calculations I did on promoter shareholding pre & post pledge (refer to table below)
Note: Would request someone to validate the above data.
So post additional pledge in meeting extra margin requirements for their earlier loan (based on pledge), they seem to hold only around 2.5 million shares. But they have sold 4 million shares yesterday.
Did this mean they released some of their pledge already ? and they may release remaining with the sale of shares now ?
Another interesting thing is that they have pledged almost around 205 crores (as of yesterday’s share price) for their initial loan of ~65 crores.
I believe RBI mandate is atleast twice the cover and may be finance institutions wanted much higher coverage post the way the stock fell in the recent past ?.
I’ve more questions than answers now and I hope Rajesh comes out to clarify his stance post the stake sale.
Vaibhav Global : Back from the dead (03-12-2015)
Thread re-opened.
Please ensure that you think twice before posting on whether you are helping take the discussion forward in a civil manner while digesting/absorbing/making room for contrary viewpoints. Please make sure that you are not harping endlessly on something that has already been taken note of – unless you are bringing some new facts/information to the table. Please pause a while before posting to see if you are adding value to the discussion.
Thanks for your co-operation.
Kitex Garments Limited (03-12-2015)
“In another and less fathomable leap, it is aiming to make disposable diapers in the U.S., taking on the likes of Procter & Gamble in its home market. Jacob argues, after market study, that he can realize a 10% to 15% cost advantage. His brave mantra: “My father made me strong enough to survive.”
This is news to me. Is he planning to make diapers via KGL or via new company?. Anyone has any insights on this?