Keep KPIT, Sun Pharma, Cera, Axis Bank, Repco, AIA, Astral, ICICI Bank and Shariram Trans. For balance stocks , use your own judgement.
Posts tagged Value Pickr
Ambika Cotton Mills (24-09-2015)
- How does slowing china economy affects Ambika , why did exports come down
- Do they plan to move up value chain i.e. Weaving ,Garments (Forward integration)
- There is increasing competition from others in compact segment from Garment manufactures like Arvind
It will be great if you can publish whatever you learn from AGM. It is very difficult to get information on their plans., industry dynamics and future
Kitex Garments another Page industries? (24-09-2015)
Hi,
I wanted to write and update on kitex garments and wrote to admin to ask permission to start a temporary thread. Anyway as it is now initiated I would to update the folks in forum about recent new development and details of concall with management 
Kitex garments - strong brand name, debt free by 2QFY16 and tie up with LAMAZE INTERNATIONAL
Tie up with Lamaze international marks transition from B2B to B2C Kitex USA LLC ( 50:50 ) JV between kitex garments and Kitex childrenwear has signed an exclusive brand licensing agreement with Lamaze International for the sale of infant wear in the US and Canada under the Lamaze brand. The tie up is valid till 31 December 2020
Debt free by FY2QFY16 - The management highlighted that it has converted its USD 10million cash into INR and will convert the balance by the end of 2Q. The proceeds will go towards becoming debt free by the end of 2QFY16.
KEY TAKEAWAYS
Kitex garments transition from a B2B business into a B2C business with strong room for higher mark ups in selling prices and higher profitability per unit. With huge scalability, strong return ratios and free cash generation I believe has huge possibilities of growth.
Kitex garments is also launching its own brand ( forgot name ) by 3QFY16
Kitex garments may also announce the merger with its unlisted entity may be during 2QFY16 results.
Disc : Invested and high conviction
Varun 2020 portfolio – 2 strategies (24-09-2015)
What happened to CARE ? It has been falling continuously and didn't pull back to normal level when the market tried to come up. Any bad news on it ?
Kitex Garments another Page industries? (24-09-2015)
cant understand what is the reason for locking a thread ..
can any one please clarify ???
Duke Offshore – Hidden Gem? (24-09-2015)
Hi Sri,
I feel the Co. has a niche in the sense that the work it's doing will not interest the big boys. What stood out was that the mgt was fixated about costs. Small things like calling the AGM in the office, which itself is not fancy, located in a residential bldg. CMD himself highlighted that the Co. did not employ any peons & they all made their own coffee! You could of course argue that this is not a mantra for success, n you may be right. This mind set however comes in handy when it comes to bigger decisions like buying the new OPV. Apparently there are lots of vessels for sale floating around, but the mgt is looking for a distress seller. The first OPV had a payback of only two years!
However, this is not a Co. to be reviewed every qtr. There is an element of seasonality in the business. If one is looking to make a fast buck, then perhaps this Co. is not the one. I feel that with a bit of luck, this is one investment that could stand out provided one is willing to be a little patient.
Kitex Garments another Page industries? (24-09-2015)
Hope VP forum doesn't go in TED forum way of subjective locking of threads.
Varun 2020 portfolio – 2 strategies (24-09-2015)
Hi Varun - Your yesterday's additions AXIS Bank, CARE and Delta are long term bets or for short term trades ?
Dhiraj
Duke Offshore – Hidden Gem? (24-09-2015)
Hi Rajeev Ji,
Thanks for your note on the company. Can you provide us with few pointers on:
- Competitors, if any
- Is the Management ok with debt funding?
- Personality of Mr. Avik Duke
Duke Offshore – Hidden Gem? (23-09-2015)
Where is the moat in the business of buying and leasing out patrol boats. Seems a relatively simple business with little entry barriers.
Also maintenance of boats is not a specialized job. Maintenance of platforms - this also would be tender based i guess.
In all likelihood the govt / navy projects will be awarded on tender basis.
However, the stock seems to be quoting at good valuations.