Tuesday, October 9, 2012

HERITAGE FOODS (INDIA) LTD - UPDATE


   
Heritage Foods recommended around Rs.200 in  2011,which is now trading around Rs.300/- .Inviting your attention to an investor presentation  submitted by the company to BSE today .(For those having academic interest :) ) . I believe , company's integrated business model having great relevance  in coming years . .Heritage's deep rooted relationship with farmers in the field of dairy  and contract farming is a big positive factor and the same is difficult to replicate by competitors easily .The good performance in recent quarters is very encouraging and expecting better days for the company ,especially at a time of increasing food prices and the ongoing re rating in farming related stocks.

For latest investor presentation click HERE

For latest AR , click HERE

FOR OLD POSTING ON THIS COMPANY . CLICK HERE

Disc: I have vested interest in HFL
Posted by VALUEPICK at 3:55 PM
Labels: , ,

19 comments :

  1. AnonymousOctober 9, 2012 at 6:08 PM

    Dear VP ji,
    Your blog has been a boon for investors and learners alike..Like the way you disect and present the company information and its analysis...What do you suggest for Supreme Industries Ltd and Cholamandalam Investment and Finance Co Ltd.

    Regards,
    Vishal Mehta

    ReplyDelete
    Replies
    1. VALUEPICKOctober 9, 2012 at 8:41 PM

      We have already discussed Cholamandalam ,Search the blog.Supreme is also good one.

      Delete
    2. AnonymousOctober 10, 2012 at 11:43 AM

      Dear VP ji,
      Thank you for your help...now DBS has exited the partnership and the company is named Cholamandalam Invest & Fin Co Ltd..As you had excellently highlighted, the positive effects of its closure on non-performing personal loan business are now beginning to show on its balance sheet.Is it still a good buy to enter @ 233 levels for long term?

      Regards,
      Vishal Mehta

      Delete
  2. AnonymousOctober 9, 2012 at 8:13 PM

    Sir

    I am an avid follower of your blog for the past two years .I don't know how I can thank for your sincere efforts to educate investors like me.Many of the stocks you mentioned in your blog bounced on the very next day and cool of in the following days and again moving to great heights .But one stock ,Sequent Scientic is showing an entirely different picture.I was actually very much interested to buy this stock but waited for a correction .contrary to my expectation this stock only moving in one direction that is up.Any special happenings after your report on this company ?.Any chance for a significant correction and what is your target on this.Please reply

    Your follower
    Manhar
    Mumbai

    ReplyDelete
    Replies
    1. VALUEPICKOctober 9, 2012 at 9:04 PM

      I have already updated an important announcement by SEQUENT SCIENTIFIC post my first write up.ie, promoters decision to subscribe warrants on preferential basis @ Rs.121.As you are aware,even this company having 22 Cr equity , floating stock is as low as just 12 % and the entire shares including promoters part is held by just 2000 share holders.This means,this is really a closely held company.Sharp movements in prices is a common nature of these type stocks which is happening here.Regarding correction - Level of correction in any stock depends on the supply demand scenario in stock market.Tracking the trading pattern of the past few days , I feel,again this shares are going to the hands of some strong investors with enough holding capacity ,which means it is not coming back to the market in a hurry.Further direction of stock price depends on the June quarter result and correction may happen if there is some big negative surprise.Even in that case Promoters open market purchase level and preferential allotment price level ( Rs.120 range) may act as a cushion on the down side.On the other side if company declare a good result there is chances for sharp up move.It is very difficult to fix a target for these type low float companies ,let us wait and watch.

      Delete
  3. sourabhOctober 9, 2012 at 9:13 PM

    This comment has been removed by the author.

    ReplyDelete
  4. sourabhOctober 9, 2012 at 9:15 PM

    Sir,
    Which will be a better stock between hatsun agro and aries agro for long term.Though aries agro has better numbers the stock fell down sharply from its 52 week high.Any suggestion from you will be of great help :)

    ReplyDelete
  5. Mahender Reddy PulakandlaOctober 9, 2012 at 10:52 PM

    Hi, do u see more upside in it?
    If so what is the target ?

    Thanks
    Mahender

    ReplyDelete
  6. AnonymousOctober 10, 2012 at 9:09 AM

    Hi VP,

    I love this part of it "For those having academic interest"

    Thanks

    Robin

    ReplyDelete
  7. wandererOctober 10, 2012 at 10:35 AM

    hi sir,
    what is your take on OnMobile Global?
    the stock has fallen sharply in the recent months.
    is it good to hold for long term?

    thanks,
    santosh

    ReplyDelete
  8. AnonymousOctober 10, 2012 at 10:43 AM

    Hey Value picker,Do you tracking Kohinoor foods? what is your view

    ReplyDelete
  9. shankarOctober 10, 2012 at 1:03 PM

    Good afternoon sir,

    Sir, some days before you have advised for Basant Agortech i ltd. Now it is trading at 4.97. Is it right to enter now. Pls do reply sir.

    ReplyDelete
  10. PATIDAROctober 10, 2012 at 3:40 PM

    Dear value

    i get an offer for shars of some delisted companies. I feel the business model, promotor group, offer price, company's past performance etc are good. what are the 'pros & cons' in purchasing shars of delisted companies.

    PATIDAR

    ReplyDelete
  11. AnonymousOctober 10, 2012 at 4:31 PM

    Sirji

    What is your advice on
    1. Mcnally Bharat
    2. Orchid Chemicals

    Rgds
    BRK

    ReplyDelete
  12. AnonymousOctober 10, 2012 at 6:52 PM

    Dear VP,

    Whats your view on Puneet Resins and Ganesha Ecopsphere ?

    Thanks,
    Vinod

    ReplyDelete
  13. AnonymousOctober 10, 2012 at 7:56 PM

    Dear VP,

    What's your view on long term investment in JB Chemicals and Pharma @ CMP

    Thanks,
    Aruna

    ReplyDelete
  14. shankarOctober 11, 2012 at 12:45 PM

    Good after noon sir,

    Can I sell a stock in NSE which was purchased in BSE ?

    ReplyDelete
  15. tom mathewOctober 15, 2012 at 1:34 AM

    I was holding this from early 2007, even arisaig partners were exited from this during the crash and i added this many times when it got lows, fundamentally their core business is growing all these years, my hope was they will realise the mistakes with the retail business. if they act prudently for this matter it can go up many many folds.. I always like internal consumption stories, which can act as a shield against inflation, a similiar story is kingfisher and USL, USL is a business that any average management can run and oppertunity is so huge..anyway thank you for recommending heritage again.

    ReplyDelete
  16. AnonymousOctober 18, 2012 at 4:51 PM

    wow heriteg rockkkkkkkk 360

    ReplyDelete

Subscribe to: Post Comments ( Atom )

Followers

Tweet TopOfBlogs