Tuesday, September 4, 2012

SABERO ORGANICS GUJARAT - UPDATE
















This stock recommended more than once  here.First @ Rs.55/- (For old posting click HERE) and again @ Rs.115/- .Today it hits its life time high @ Rs.150/-. An appreciation of more than 180 % in 9 months from the initially recommended price.Now many investors  are asking whether it is the time to book profit in this stock. For me it is not a stock to book profit at current level.As you are aware Sabero Organics is the largest manufacturer of Mancozeb and  Glyphosate in India and the second largest in the world based on production capacities. But earlier under the old management this company could not tap the full potential of the available opportunities around the world.Even the company having many product registrations in various countries its capacity utilisation was as low as 25 % till Coromandel took over it .But now in just one year its capacity utilisation is near to 100% under the new management.Considering the expertise of Murugappa group and their aggressive plans in agri related sectors ,one may even consider a BUY at its life time high price of Rs.150/- (only for investors with  patience).I believe company will turn around in next few quarters and  goods days are yet to come  for this company.

33 comments :

  1. Dear Value Pick Sir,
    Whether buying any company at life time high is highly recomendable.
    Bcoz Granules has made life time high and I want to buy, can you pls guide me abt the long term perspective or the run in granule is over?. Pls express ur views on Unichem Labs.
    Thnks
    Nirav

    ReplyDelete
  2. sir

    do u track dhunseri petrochem??

    ReplyDelete
  3. Sir,
    What's your take on 'piccadily agro ltd' -in sugar and brewary business sector - trading @cmp 20. Also posting consistently EPS of nearly 6.49 on yearly basic 2011-12 and also diclaire dividend of 10% per share
    Pls share your thoughs.

    ReplyDelete

    ReplyDelete
    Replies
    1. Not tracking Piccadily Agro.If you are interested to invest in Distillery/Brewery segment stocks go for something with good brands.

      Delete
  4. Value,
    Good to see the recommendation yesterday also as I feel good time ahead with Muruguppa management which is clean and neat and are know for good goverance.

    I have EASUN REYROLLE and stuck from 90 levels. The stock has not moved since last 2 years and in loss. There new exclusive product which is one of it skind being innovated in Germany, there is no news from management.
    Do you track this company and if any suggestion to hold or switch to other stocks?

    Thanks for great recommendation. Good boon to small investors.

    ReplyDelete
  5. why people buy like som distillerie ltd at rs.275.when the same sigment in distillery a good company like piccadily agaro ltd at current rate 20.wass prmoted by MLA VINOD SHARMA from haryana rajya sabha.It is spread over an area of 168 Acres of Land at Umri-Indri Road, Tehsil Indri, Distt. Karnal, (Haryana).and the promoter also want to devlopment her 100 acres land for multy purpose.the company post net profit for the year 2011-12 @15.31 crore in sale of 232.00 crore in equity of 23 crore and the company also diclare dividend of 10% per share. then why people not buying like this stock at chipp valution of rs.20. only i think so it is great opportunity for investore for long term period my target of 85 to 90 rs. so buy hurry up

    ReplyDelete
    Replies
    1. I have a question to you - Why the promoters of SOM Distilleries buying shares from open market every day even at a price of Rs.270 ?. As you are aware Suppply - Demand situation of a stock is crucial in determining price of shares.If promoters with deep pocket is mopping up shares from open market ,what else will happen ?

      Delete
    2. i have same question to you sir - Why the promoters of Piccadily agro Ltd buying shares from open market every day when at a price of Rs.45 to 50 ? bt now currently trade tha compnay only rs.20. you don't think this is very chip valuation for this company when company have also diclaried 10% dividend.. what u say sir????

      Delete
  6. Sir

    Any change in view for Honda Siel Power....Should we hold it? Further can we average Fortis Healthcare at cmp?

    Thanks
    Sumeet

    ReplyDelete
    Replies
    1. No change in earlier views .Business model of Fortis is suitable only for investors with enough patience.

      Delete
  7. sir do you track any of the following stock ,if yes what is your opinion considering bonus shares & stock spilts announced by these co.
    1.India motor parts & accessories ltd.
    2.zyden gentec
    3.amar raja battery
    4.GSFC.

    ReplyDelete
    Replies
    1. Hold Amara Raja , not tracking the rest

      Delete
  8. Hi Sir your recomendations are superb, can you pl. check if Arshiya International Ltd is one shuch stock.....
    Dev

    ReplyDelete
  9. Dear VP,

    What is your take on Cosmo Films at current market price of 80.

    Satya

    ReplyDelete
  10. Dear Sir,

    Can you please advise me on entry level for sesa Goa. I have a 1 year holding horizon. I look forward to your valuable reply.

    ReplyDelete
  11. Dear VP,

    What is your view on Tilaknagar Industries in case if you are tracking the same.

    Best Regards,

    Roshan

    ReplyDelete
  12. DEAR VALUE
    NOW WHATS YOUR VIEW ON SUZLON? CAN IT GO AHEAD WITH NOT SO GOOD RoE AND RoI wiht Repower and fccb issue?
    PATIDAR

    ReplyDelete
  13. sir Noida toll bridge is a buy at what price?

    ReplyDelete
  14. Sir

    Appreciate your patience in searching ,recommending and replying to queries of the blog members.Sir previously you used to the performance apprisal of your recommended stocks in a table with price recommended and appreciated %, it is my suggestion looking at the repeated queries with regard to your previous recommended stocks,if you could bring in a smilar table of your recommended stocks with buy/hold/sell/no comments in a tabular form say every quarter.I know it is easy to suggest then done.

    once again appreciate your efforts

    thanking you
    ramesh

    ReplyDelete
    Replies
    1. Dear Ramesh

      Idea is good .I did it in the initial stage .Now the number increased and time is also a constraint .Anyway will look into it.

      Delete
  15. Dear VP,
    Hats off to you and your discoveries.
    Do u track Tulsi Extrusions - trading @cmp 8 and have book value of 52. Its also a dividend paying company.
    Any views?

    ReplyDelete
  16. Sir,
    Can you explain the theory of purchasing any scrip which is presently trading at its life time high.
    Thnks
    Nirav

    ReplyDelete
  17. Dear Nirav

    Why a stock is moving up and whether the reason is fully discounted in its current price is the factor affecting purchasing decisions.Value ,not price is important.

    ReplyDelete
  18. Sabero may grow as big as Monsanto in long run.thanks.

    ReplyDelete
    Replies
    1. What a Comeback !! Sabero is certainly one of the stocks of the year !! big target here indeed.

      Delete
  19. I am not sure if this is true but if its true than It could be a concern - Promoter holding: 74.61
    Unpledged promoter holding: 0.00 ..Which means all the shares are pledged.

    ReplyDelete

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