Hi,
Is the above info from the annual reports?
Posts tagged Value Pickr
Dynemic Products (08-09-2015)
Avanti Feeds (08-09-2015)
Avanti Board approves sub division of shares
http://www.equitybulls.com/admin/news2006/news_det.asp?id=168633
Dynemic Products (08-09-2015)
Hi,
Good points. I am also positive on the stock from a MT point of view. Expansion may happen in current FY or may get pushed into start of next FY depending on approvals to be received from Guj state govt. Pollution norms are very strict in Gujarat which cushions it from any compliance shocks. At the same time margins are bound to be lower than Vidhi who doesn't have to follow as much stricter pollution norms. At 40, I see it as mouth watering levels and have added today too. Holding a decent position as of now and willing to add more on all falls.
Dynemic Products (08-09-2015)
@jigar_punamiya ,
Since they are in manufacturing business, yes it is capital intensive.
Your assumption is true and company had spent 9cr in acquiring land from GIDC and awaiting govt approval for the same.
Avanti Feeds (08-09-2015)
Such negative publicity is not good for the industry given that it is election time in USA. It's the time when trade protectionist voices get stronger and politicians tend to agree with them.
Avanti Feeds (08-09-2015)
Such negative publicity is not good for the industry given that it is election time in USA. It's the time when trade protectionist voices get stronger and politicians tend to agree with them.
Dynemic Products (08-09-2015)
Hi All,
Took a cursory look at this company on screener. If one observes the cash flows over last 10 years,
1. It has generated CFO of about Rs. 31.7 Cr. where as its capex is about Rs. 45.9 Cr.
2. Also, borrowings have increased over the years.
3. CFO over 10 years (Rs. 31 Cr) < Net Profit over 10 years (Rs. 41 Cr). Shows that lot of funds have been stuck in working capital.
Therefore, it seems to be a cash guzzling business. I am very skeptical about such businesses, which always require outside funds (debt/equity) to fund growth, which eventually does not convert into cash.
Let me know if I am missing something.
Dynemic Products (08-09-2015)
Recently i had spoken with couple of issues from management and here is the update
1. Current year there is inventory buildup 6.9 crores in 2015 why are you looking for setting up 3rd plant
Reply: The stock is mainly of Dye Intermediates finished goods due to slow market of Textile dyes. Please note that if market is slow right now it will not remain same always and we cannot stop from expansion and growth phase. Please note that Synthetic colors are stable less expensive than natural colors and much in demand so right now there is no threat to the Company.
Company skipped dividend because it plans to complete unit3 phase1 expansion in the current FY.
I calculated the Inventory Turnover ratio and it is coming > 2 indicating that company is able to generate 2rs sales for every one rupee of inventory. Management is also very good and a small debt on books with mouth watering valuation.
There is a good demand for synthetic colors from nestle,pedigree etc..
Source: Previous 4 years annual report.
Disclosure: Bought today @ 40 levels and increased my holding
Avanti Feeds (08-09-2015)
A perspective on US Shrimp consumption.
Dynemic Products (08-09-2015)
Thank you chaitanyak.
Can you please provide me some links related to pollution norms in europe and usa.