Earlier recommended @ Rs.100/- ,CMP is Rs.119/-
------------------------------------------------
Transpek Industry Ltd is a 45 year old company established
in Baroda by Shroff Group.It is one of the largest
producers and exporters of organic and inorganic chemicals
from India. Its products are used in industries like
Petrochemicals, Pharmaceuticals,Agrochemicals ,Dyes
and polymer.Company manufacturing more than 50
products used in these industries.Out of the total sales,
close to 60% income derived from exports and balance
from domestic sales. Transpek has a good research division
too for inventing new products.In last financial year
performance of the company was severely affected by
foreign exchange loss on derivative
contracts which the company entered to hedge the risk.
Now after the stabilizing of exchange rate and improvement
in demand of company’s various products ,it is expected to
perform better in this year. One can BUY for decent return
in medium term at CMP of Rs.100/-
Dear Valuepicker
ReplyDeleteI visited your site first time today and felt you provide one of the best advice on value picks.
I hold arvind ltd and Xpro india, how do see there future?
thanks
nish
Dear Nish
ReplyDeleteArvind may get some more upside this time .But Management's attitude is not so good towards minority share holders .Hold XPRO
sir,
ReplyDeleteDo you see any prospect of northgate tech and selmcl in near future?
Awaiting eagerly for your valuable comments.
Thanks in advance
Dear Arnab
ReplyDeleteNot able to comment on both these operator driven shares.For a conservative investor ,promoter quality is not enough.
Dear Valuepicker,
ReplyDeleteI hold TELEDATA TECH, CONFIDENCE PETRO, TYCHE INDUSTRY and BGIL FILM. How do see their future?
Dear Friend
ReplyDeleteAll of these are punter stocks.If you are ready to take above average risk you may hold only confidence petro,better to escape from all others before the end of bull market.In general ,not able to predict the movement of any punter stock ,since they are moving only in tandem of operator activities and not related with fundamentals.
Dear Valupick,
ReplyDeleteA very Happy Independence Day !!
Kindly offer your comments on :
1. Huge value difference between two same product- same result companies(JQ-Rs 5 EPS) - Camphor &Allied" AND "dujodwala products".
2. JQ for Transpack has been fantastiic. What price target in a year can be expected?
3. SSPDL (530821) has given Rs 4/- EPS in JQ. With a large no. of projects ongooing and tie up with a UK company- US$1.5Bn. Any comment on management?
Thanks
atul
This comment has been removed by the author.
ReplyDeleteu r mail id ?
ReplyDeleteMy e-mail ID is :
ReplyDeleteatuldraval@gmail.com
Thanks.
Atul
DO U C ANY FUTURE TURNAROUND IN shree digvijay cement?
ReplyDeleteplease cover matraa realty.(Previously Yashraj security)
ReplyDeleteWhat is your opinion on the good result of FCS soft ?
ReplyDeleteDear Friend
ReplyDeleteI can't swallow the result of FCS soft.I really believes that ,this result is part of a drama and it is only in paper and no real cash flow there.By showing this result - (I am expecting huge advertisement in papers and business channels in coming days)promoters will completely exit from this company before next bear phase. Promoters know the internals very well,if this result is true ,the recent selling from promoters will not happened .
sir, I am a fresher in stockmarket. Awaiting your valuable advise. my mail id bullphase@gmail
ReplyDelete1. DO U C ANY FUTURE TURNAROUND IN shree digvijay cement?
ReplyDelete2. please cover matraa realty.(Previously Yashraj security)
thanks
Dear valueji
ReplyDeletesorry for comming in the wrong board,hope it is excused,
nile results are out,the sales have in creased,so is the raw materials,high deprciation and what not.
the company plans to raise 100 crores and as conveyed earlier the results are not convincing.
whats cooking when is the time frame by which gmm has to offload there shares? any idea,is it 2011 or 2012 and do you think it shall be hammered down till then
Dear Kanna
ReplyDeleteI have contacted with the company and they clarifies that the raw material purchase agreement entered in an earlier stage but the end product price crashed now ,that s why the cost of production increased.They are also planning some capacity addition/expansion.I expect till 2013 company may expand by all means but show loss/minimum profit .Court permitted time to GMM will end only in 2013.
Pls go through the below link.
http://www.bseindia.com/qresann/news.asp?newsid={4E5B6F06-0DAE-4BA0-BD6B-DD3039C026FB}
Dear Valuepick sir,
ReplyDeleteThank you so much for wonderful discussion here. :)
Transpek Industries is at 137 today. Is it still a buy? What is the price target??
ReplyDeleteThanks :)