To aid us understand richdreamz PoV - here is the delivery details for the past month for Page, Eicher, Ajanta and Kaveri. Remember all are F&O listed stocks. Apologies for cluttering the post - unable to post the link.
Posts tagged Value Pickr
Borosil (08-09-2015)
Return ratios are subdued because the company sold a large parcel of land and the cash is lying in the books. Also, compared to its size, the company has significant investments in Gujarat Borosil which has just turned the corner and should do well from here on.
The company has 2 main divisions. Based on March 2015 results, annual EBITDA/Capital employed for both of them are as follows
Scienteficware : 76%
Consumerware : 27%
Out of total capital employed of 697 cr , Borosil has made investments of 637cr ( out of which 485cr is cash or cash equivalent ). Net of these , the return ratios are through the roof.
The management seems to be aware of the investing communities fascination with return ratios, hence they are meeting to announce a buyback on 11th Sept 2015. If the buyback price is reasonably good, we should see shrinking of the balance sheet and all return ratios will climb.
disl : invested at cmp
mcap when posted : 727cr
Borosil (08-09-2015)
I didnt understand "large retailers are blocking inventory"
Are they not buying borosil products or have they booked large quantities in anticipation of rush in forthcoming festival season.
Orbit exports (08-09-2015)
Had a chat with an analyst who recently contacted the management regarding the equity dilution. The management said when they acquired the company it had very bad financial condition and debt to equity was 3.4 with accumulated loss of 48 million. More debt required for growth at that point would have been disastrous. Hence they issued warrants and it was converted in a staggered manner. At the moment there are no outstanding warrants against the promoter management sounded very positive about it's financial health.
My Portfolio – Need Suggations from Value Members (08-09-2015)
I am looking out for good stocks to construct long term portfolio. I have two frontline stocks Marico (at 405) and DHFL(at 433). I bought them just few days back.
Prima Plastics (08-09-2015)
promoters would hardly have time to talk to individual investors until and unless you have strong stake in the company. Also, replied are always supposed to be curt, why would anyone write more than what is required? Without attending AGM, passing a quality remark against management is not the best idea. Anyways, I am not here to defend anything and believe strongly in the company, its management and its future 
My Portfolio – Need Suggations from Value Members (08-09-2015)
Thanks Saji for your reply.
Borosil (08-09-2015)
i have not seen this in depth but any idea why the return ratios are so bad for this company?
Page industries (08-09-2015)
Yes, looks like break down in Page is a signal that things will start looking better. Usually, in the last phase the strong stocks break down as people sell the ones which fell less in order to switch to more beta names to get that quick buck. This may be the reason why Eicher, Ajanta broke down today intra day. I may be wrong here!
Good that Page is holding 13000 on a closing basis.
Disclosure: I hold Page.
Page industries (08-09-2015)
BTW, as expected the stock has corrected good 25% from the top. I haven't seen such deep correction in Page. Non-believers would say "I told you so" while faithfuls would say now is the time to get in!
Disc: invested with high allocation.