@RajeevJ I’m new to the forum. I went through the numbers and found the company really good.
Why the stock has fallen from the highs of 260s to 140.
Was there a structural problem with the business?
Thanks in Advance Rajeevji.
Disc : Not invested. Studying to invest.
Great Set of Numbers from Control Print:
Net profit of Control Print rose 40.46% to Rs 7.29 crore in current quarter as against Rs 5.19 crore during the previous quarter. Sales up 28.30% to Rs 36.63 crore in this quarter as against Rs 28.55 crore during previous quarter.
Though Finance cost is double compared to last year (still 72 lacs). Have they increased debt?
Disc: Invested from lower levels.
Great Set of Numbers from Control Print:
Net profit of Control Print rose 40.46% to Rs 7.29 crore in current quarter as against Rs 5.19 crore during the previous quarter. Sales up 28.30% to Rs 36.63 crore in this quarter as against Rs 28.55 crore during previous quarter.
Though Finance cost is double compared to last year (still 72 lacs). Have they increased debt?
Much interesting. This company has a mixed portfolio of hindi and english newspapers…where they are leaders in hindi newspaper – “dainikjagran” – almost around 16 million people read this newspaper.
Now looking at the disruption of this industry – it will not occur in next 25 years – since today if you tell me to go for newspaper online – even I would not like to. I need those 10 page leaflet.
Now think about that part of India who reads Hindi newspapers – how much time they will take to shift to online. – I might be wrong over this. Suggestions please on this point.
Does not these companies earn from their online portals – revenues from advertisements and google advertisements, etc. Views on this please.
This company seems better to me than HT media. OPM and NPM consistently rising vis a vis HT media.
@rajpanda @chiragjain1976 Thank you for replying,.
My concern is, Why motherson sumi’s margin is low? is it a low margin business or is it less efficient?
Both the companies are in different segments.
Amara Raja is into batteries and Motherson sumi is in auto ancillaries business.
You can’t compare these two companies.
Amol ji
Companies in transformer sector facing quality issues, due to sourcing of cheap & below standard raw material (Scrap quality CRGO steel imported and used) Recently even government raised concerns and imposed restriction on certain type of scraps / imported steel.
Amit
Company : Rajoo Engineers Ltd
Listing : BSE (522257)
CMP : 16
FV : Rs 1
MCap : 93 Cr
Industry : Capital Goods (Plastic Extrusion Machinery)
Location : Rajkot, Gujarat
Website : http://rajoo.com/
Disclosure : Holding 1 lot from 16.5 level, Will add more slowly at every dips.
I came across this stock via blog which i follow and found this company interesting.
Company has good product portfolio (http://rajoo.com/productline.html ) & Collaboration with various foreign companies (http://rajoo.com/thecorporate.html#left-tab6) The machines manufactured are exported to various countries (http://rajoo.com/thecorporate.html#left-tab7)
Frankly speaking i am not good with analyzing numbers, hence cant talk much about it. What i feel is that capital goods sector may bottom out in near future and company will benefit from it.
I have analyzed this stock technically and found that there has been a good delivery based selling in last few months, where delivery % was as high as above 80% average. While promoter stake remained intact, my guess is once selling is over the stock may breakout on the upper side.
Announcement from BSE :
The Gazi Group, Bangladesh chooses Rajoo Bausano extrusion to be a part of its growth strategy ( http://www.bseindia.com/xml-data/corpfiling/AttachLive/9DF9C6DA_574C_43EB_A543_9389ECB53DD1_161552.pdf )
Financial Results & Limited Review Report for Sept 30, 2015 (Standalone) ( http://www.bseindia.com/xml-data/corpfiling/AttachHis/F3BF61A9_24FF_4F78_BC21_DE0EEB63785A_163009.pdf )
Please share your views.
Amit
Got it, Hitesh. Prima facie looks interesting. Will delve deeper and post if I find anything interesting. Thanks for sharing the idea here.
@richdreamz I think if company has reduced the MRP then things get shifted to Volume front. In last 2-3 years, sales increase was result of increase in milk prices that overshadowed the volume game.
If milk prices stabilise (that we’re noting in the current year) then its a reason to worry for company unless they grow through volumes. I just want to know what is our volume growth visibility.
Thanks.
Discl: Not Invested