Tuesday, December 11, 2012

SUNSHIELD CHEMICALS - ACQUISITION BY SOLVAY

In September 2012 ,  Rhodia Amines Chemicals Pte Ltd Singapore and Solvay S.A. of Belgium made an open offer to acquire majority stake in Sunshield Chemicals @ Rs.51 per share .Offer will be closed on 19 December 2012.For the first time post announcement stock closed above open offer price today.Considering  Solvay's expertise in chemical field and its planned expansion in India ,It is a stock to keep in radar .CMP is Rs.55 /-

Link to Solvay Website HERE 

Link to Sunshield Website HERE

68 comments :

  1. Sir, thanks for this post. What does close above the offer price would reflect in this case? Are existing shareholders looking for more than 51/- or something else? Would you suggest buying at 55/-?

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    Replies
    1. I hope ,will perform better in long term

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  2. Hi VP,

    Whats your view on nbfc segment any new picks since govt. is thinking to grant new banking license..?

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  3. sir is it not time to reiterate post on aries agro?

    ReplyDelete
    Replies
    1. Sometimes market will take time to realise

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    2. yes ano. Let be so strong valuation for aries agro. Let it be so sharpen. It will then fly like space shuttel.

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  4. Dear value pick
    I bought claris lifesciences at 264. I can weight another 6 months. Please give your view on this stock at current levels.

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    Replies
    1. Again requesting,please avoid repetition .The same question answered just three days back as a comment below the post of TIL Ltd.

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  5. sir,could you track geodesic .what is your opinion on geodesic,i bought few days back @52 ,is it good for long term,please give me your opinion.

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    Replies
    1. Not tracking Geodesic and not interested in mid size IT companies with higher promoter pledge.

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  6. Hello Sir,
    What are your views on Best and Crompton Engineering.Siva group holds around 6 percent and promoters are holding more than 65 percent and the company is in profit again.

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  7. Hi VP Sir,

    Your valuable input for Vesuvius India at this price? Do you see this parent committed for minority shareholders or the same problem of 100% subsidiary in India?

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  8. Sir could you please let me knw your views on cenlub industries

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  9. Respected Sir
    I m new in this market so shall you suggese me 5no of stocks in which i can hold it for 3year.

    Thanking You

    With Regards

    Mahesh C Sainik

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    Replies
    1. In my opinion , stocks for you should be selected by yourself depends on your your risk taking capacity ,holding period ,knowledge about a particular sector ..etc.This blog is meant for providing some insights about stocks otherwise not in the lime light .And I don't believe buying a stock and holding the same for a fixed period like three year or five year will bring any return like bank deposit.One should review the business growth of company periodically and take decisions accordingly .A good stock of today may turn as a bad one tomorrow or vice versa and investors should not take it as their prestige to stick on an earlier decision.If you feel there is something wrong ,correct it at the earliest and no shame in it.

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  10. Hello Sir

    Had a question about TIL (Engineering-Heavy). I studied about the stocks in this space. Dont you find BEML(Bharat Earth Movers Limited) more attractive in the same space. Reason is that it is much undervalued as of now plus since rail budget is near, it is bound to get quite good number of orders as this happens every year at the time of rail budget.
    Any comments on BEML Sir since I am more interested in BEML then TIL. Wanted your final comments.
    Thanks in advance.

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    Replies
    1. BEL is also good for long term , not tracking many Govt owned companies.

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  11. Dear Sir

    Your views on Specialty Restaurants @ 175, Fortis Hospital @ 110 & Guj Pipava Ports @ 50

    ReplyDelete
    Replies
    1. Positive on Speciality and Fortis .May test your patience :)

      Not tracking Guj Pipavav

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    2. I have both speciality resturant n fortis healthcare in my portfolio.hope for sure 50% gain return in near future...

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  12. Sir,
    Your thoughts about Orient Bell at current price?

    Thanks
    Kartik

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  13. sir, please give your valuable comment on Aditya Birla Chemicals, i want to invest in this company

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    Replies
    1. Stock already recommended for buying @ Rs.89 .At CMP of Rs.105 ,nothing more..

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  14. Hi VP,
    Is it not the right time to buy Manappuram Finance ? management has indicated growth in loan book from now on. Also Rao Committee report which is due any time will give further clearance abt the future.If LTV is increased to 70% as most expects, wont these co will get re-rated ??? Arnt they best business to own at such low val?

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    Replies
    1. The entire sector is out of favor .Don't expect old high levels but some upside may possible.

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  15. rhodia chemical is also listed in india....it has same parent with sunshield chemicals....same business of surfacants/chemicals as sunfield.....it is selling at 130 cr market cap with 25000 tonn capacity.....how do u compare it with sunshild chemicals....does it not limits the growth of sunshield with rhodia/solvay already present in india via a pvt company and also rhodia spl chem listed already?

    this limits my targets for sunshield..?ur views.

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    Replies
    1. Possibilities are many including De-listing ,merger etc .But feel , down side risk is limited from the mentioned level.

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  16. Sir

    Can you advice whether sunshield is a buy

    Rgds
    BRK

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  17. Sir,

    Your view on Anantraj Industry please at current level for 1 year prospective .
    Regards
    Shergill

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  18. can one buy kfa at present senerio.

    ReplyDelete
    Replies
    1. Nothing to say ,only god and Mallya knows :)

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    2. Sir
      It is a good abswer

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  19. sir where can i find the historical p/e and EPS of a company.Is there any website please

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  20. sir i have been investing in petronet lng for as many 6 years, shall i continue any further or was it a waste of time?

    ReplyDelete
    Replies
    1. I don't think much more steam is left in Petronet LNG for investor

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  21. Sir, what do you think about DIC India?

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  22. Request your opinion/views on LT FOODS LTD which is showing good results consistently and FIIs are also holding 14.68%

    ReplyDelete
    Replies
    1. Not positive on rice exporting companies ,at present.

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  23. im watching/holding sml isuzu..also mahindra life ...for long term of 5-7 years....
    ur views?

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    Replies
    1. SML already recommended @ Rs.335, no change in previous opinion.Not tracking Mahindra Life.

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  24. Ur view on walchandnagar.could one buy

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  25. vp Sir
    May I know your view on following:
    HUL
    cairn
    Heritage food
    Prozone capital
    Bilcare
    Walchandnagar
    Datamatics

    Planing to make a portfolio as above

    Love kushwav

    ReplyDelete
    Replies
    1. Hope we have discussed enough about Heritage.

      Cairn - Change to the hands of Vedanta Group is unfortunate considering their treatment to minority share holders in other cases.

      Delete
  26. VP Sir,

    I owe you sinceriest thanx for such a nice n genuine script i.e, Sequent Scientific. It is infact giving me good run for my money. Sir could you please share ur views on GTL & Glodyne.

    After the clipping of investment through marutius, the GTL never regained its glory. Is there any movement in the script in near future.

    Could you share your views on glodyne. i saw it crumbling from 447 levels to all time low. what is its future. is the company downsizing the flab and regrouping its assests?

    An Ardent Well Wisher

    Hary SSP
    New Delhi

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    Replies
    1. I can't say what will happen in these two cases ,but I will not Buy.

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  27. Sir,what is your opinion on IFCI,there are rumors that there it might be merged with IDBI. Can we enter IFCI at the current levels

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    Replies
    1. For the past many years there was lot of rumors about IFCI.Not interested to speculate on it.

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  28. thank you sir, sold 50 shares of kavery,was in need of money at a profit of 800 per share.holding rest 25.thank you

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  29. Hello Sir
    Thanks for your valuable inputs on every question I posted.
    I am keen to pick up a stock from infra sector because of rate cut which can happen anytime in near future.
    I have shortlisted Gammon India due to its cheap evaluations and being a big brand and so many projects in its kitty, it is bound to perform. Apart from its brand name and all, I dont know much abt Gammon India (trading around just 38 Rs)
    So, is Gammon India a good pick. If you dont know abt this company, please suggest me a good infra stock.
    Waiting for your reply.
    Also, do you think RBI is going to cut repo rates on 18th December..If not when do you think this should happen.
    Many Thanks Sir.

    ReplyDelete
    Replies
    1. Since I am not tracking Gammon, No comments.

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  30. Dear sir,

    New year is going to begin, kindly suggest good blend of mid cap & small cap stocks to create a portfolio, if u find time sir, its a humble request from your reader.

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  31. Dear sir,

    Your views on MAHINDRA SATYAM at current cmp.

    ReplyDelete
    Replies
    1. Not strictly tracking - Why one need to go for it ,management already decided to merge the co with Tech Mahindra ?

      Delete
  32. Respected Sir,
    Questions regarding each and every stock & some new stocks are posted by your followers in different post of yours.

    Please ask your followers to post their queries in the specific stock itself.
    If you can, please create a separate window or tab, where your followers can ask their queries on stocks which you have not discussed.

    Regards

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  33. Sir, what are your views on Lovable Lingerie?

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  34. hello sir ..after your recommendation SUNSHIELD CHEMICALS - jumped,i didn't got opportunity to enter.....as your message was to keep in radar.can i buy at cmp

    ReplyDelete

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