http://wap.business-standard.com/article/markets/ccd-ipo-subscribed-1-8-times-115101601084_1.html
Posts tagged Value Pickr
Sutlej Textiles (16-10-2015)
Yes it looks cheap compared to other textile stock even if we ignore the future growth potential.
Sutlej Textiles (16-10-2015)
I like the company, the recent almost cashless acquisition will give immediate boost to EPS. 25-50% upside in short-term. Long term also should be good although the young chap running the company needs to prove the Birla brand name
Hitesh portfolio (16-10-2015)
Hitesh.
Reading the news now a days I find that the lobby against India Pharma Companies is growing stronger and stronger and looks like all white (racist - yeh I am) nations are up arms against our Pharma Industry.
Deep Inside I am not very comfortable holding Pharma heavy folio.
US going to elections and a new unclesam or auntysam, I wonder what all protective measures will US get into and where would it lead and what it means to Indian Pharma Industry
Keeping Fingers Crossed.
Atul Ltd. (Not to be confused with Atul Auto) (16-10-2015)
Hi...
My first post here.
Someone who can understand the basic fundamentals can throw some light on this company.
I am from rubber raw material business.And this company is heavily launching products and feedback for its product in our line especially targeting Pidilite adhesive line.
They are daily tracking and taking response and also coming with attractive offers both dealer and retailer side.
Though because of overall slowdown in our line and diwali clearing of accounts by all they not getting much better response but still i am really attract by their sheer handwork in this field.
Mirza International – consistent performer but undervalues at present? (16-10-2015)
The stock has surged 4 times from my purchase price and I have recovered my cost.
The stocks I have in my portfolio is pure profit now.
However, imp point is that such stocks do not matter much because of being low conviction stocks where we do not invest significant amount.
Hitesh portfolio (16-10-2015)
ys reddy, I dont track heritage foods and no idea about its business.
Hitesh portfolio (16-10-2015)
thanks. just looked at the document loaded in kitex thread.
Looking at the article it seems pharma stocks may not be impacted much.
But one has to be watchful for any antics from US govt which could affect Indian pharma exports.
Mirza International – consistent performer but undervalues at present? (16-10-2015)
I analysed this when it was around 15-17 INR per share. I did not invest as I was not comfortable with its debt and the guarantee thing. It seemed like a risky bet. However, they had good brands to speak of and exports were doing good (particularly in UK).
Everything worked out well so I'm repenting with the benefit of hindsight but at that time it would have been the right thing to do.
Now, I have been relaxing these criteria for stock selection by a bit because if the management is doing right things in terms of its business growth these things with a bit of luck will settle themselves. But, you need to keep track of them though. In this context, I have entered into a micro cap as posted in that thread couple of days back.
V-guard:The passion of our early years and our quest for excellence (16-10-2015)
Call was add by Mr Mithun Chittilappilly MD.Key Highlights by Capital Mkt
As per the management, shorter summer, weak housing demand and uncertainty in commodity prices, all affected the overall demand of the company's products and consumer sentiments in Q2 FY'16.Short summer resulted in lower AC sales, which affected the demand for stabilizers. Uncertain copper prices affected the wiring segment of the company. The Digital UPS demand also got affected as there were hardly any power cuts during the quarter.Gross Margins and Ebidta margins improved to around 28.7% and 8.8% respectively due to lower raw material costs.
Company continues to invest aggressively particularly in Non South Market. Advertisements and Promotions account for about 3.7% of total sales. The company continues to increase its presence in Non-South market.South market which constitute around 67% of total sales, grew by about 3% YoY to Rs 300 crore while Non South market de grew by about 4.7%.
The company was able to reduce its debt by about Rs 91 crore during the quarter. Debt Equity ratio stood at around 0.09 as on Sep'15.
The Electronics segment, which constitutes stabilizers and UPS, which contribute about 27.7% of total sales in Q2 FY'16, de-grew by 1.2% YoY. The de-growth was mainly on account of a 10% fall in sales in UPS to around Rs 48 crore YoY. Electrical which includes pumps, house wiring cable, electric water heater, fans and others, and contribute about 67% of total sales, grew by about 1%, while the new products Swithgears, Kitchen Appliances etc grew by about 4% on a lower base YoY to around Rs 21 crore.The company has launched Water heaters for markets in South and Western India
As per the management some part of the rural economy got affected in Q2, particularly the rural side which is completely dependent on Agriculture. Going forward, rural economy is expected to remain subdued as consumers are postponing their demand. However, festive season, should see some good cheer in H2 FY'16, given a low base of H2 FY'15.
Overall, management revised its net sales growth downward from earlier 15% to around 12% for FY'16. Management expects margins to be around 8-8.5%. As per the management, the festive season, the demand should be good and sentiment has already started in a positive manner.Management does not expect to spend more than Rs 20 crore on capex as most of the capex is done and now only maintenance and warehousing capex is required.