Can you please provide the source of his exit from vaibhav global
Posts tagged Value Pickr
Fluidomat – Where perfection meets technology (27-08-2015)
Generally CMD remuneration upto 4-5% of the profit is considered reasonable and at optimum levels. 7.8% is definitely very high.
Premco Global — Narrow Fabric (A critical component for inner wear) (27-08-2015)
Really worried by the sequential drop in stock price despite good results and cheap valuation.
Can anybody tracking the stock explain the reason ?
Not worried about stock price, but anything happening which I may not be knowing.
Disc : Invested from 445 levels. Now at same level from 731
Ambika Cotton Mills (27-08-2015)
I would say that wind mills were required for securing the power, which was scarce in Tamil Nadu. So I would still call it capex. Though agree with other points.
Alembic & Alembic Pharma (27-08-2015)
I saw on Pharmacompass that Mylan and Teva had an exclusivity period on this which expired on 2nd June. So Alembic is a late entrant in the game. This was not the case in Abilify, which was a day 1 launch. So it may be difficult to take market share. What do you think?
Other players are
Teva
Mylan
Lupin
Apotex
Watson
Looks like Lupin has already been exporting to US
Ambika Cotton Mills (27-08-2015)
Hi, please note that a lot of capex in past has been for setting up windmills and thus not on core plant machinery. Capex in windmill besides providing low cost power on LCOE basis, also provided tax savings (accelerated depreciation of 80% in one full FY in the year of investment).
I am not much conversant with balance sheets, but someone into it can perhaps explore how much capex has been in windmills and plant machinery. This should provide a better view on FCF. Infact, it will be helpful if such an analysis can be posted here. Many thanks
Nitin Spinner – textile yarn story (27-08-2015)
I cant understand what else this could be called - it was an inexpensive commodity producer when I bought it at 32-33 coming out of a CDR. nothing more - there are 200 mills doing the same stuff in india itself and like buffet says even if the management is extra ordinary, they are only gooing to be fighting to keep plugging new holes that emerge in the boat.
As for target price, I follow einhorn's philosophy to take it as you go along - why should one commit to an exit at the time of entry - that's like entering into a marriage thinking if I have two fights, i will file for divorce. I personally don't do it that way. Re-assess facts and the risk-reward ratio - said all of this, i am sure that Q2 results will be optically very good and I will take a call based on the price then.
At this point of time, I am worried about the cash flow discipline in the business - nothing more, nothing less. I will watch the BS in sept to see how it goes and take a call - No pre conceived notions, no commitments - flow with the facts.
High dividend yield stocks (27-08-2015)
Hi Janit,
In case of JB Chemicals, for FY 2015 there is component of a special dividend of Rs 10 and regular dividend of Rs 4 making total Rs 14 per share.
In that respect, normalized dividend yield (excludind the special dividend) is more like 1.50% which is fine but not very high. I hope you are factoring this and not getting led by dividend yield number of 5%+ on screener since that will not be recurring.
High dividend yield stocks (27-08-2015)
IMHO The question whether high dividend yield stocks should be bought or not is a topic for another discussion. Its also a matter of personal choice. Personally, my goal over the years is to create a portfolio that gives me dividend yields which ensure I have enough income for retirement. Here is my contribution to the list:
JB Chemicals is one stock with high dividend yields. Profits are increasing - though not at a break neck speed. Screener link:
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (26-08-2015)
Does Monsanto dropping its bid for Syngenta (which happens to be a client for PI Industries) have any positive impact on PI Industries? Not interested in the share price movement just trying to understand the business dynamics.