Saturday, November 1, 2014

SKM EGG PRODUCTS EXPORT (INDIA) LTD - UPDATE




SKM EGG PRODUCTS - recommended few days back @ Rs.60 and the same is currently trading around Rs.80.I know,  many of my readers were eagerly waiting for company's September quarter results and the company keep our faith by reporting good set of numbers.For the six months ended September , SKM reported the following figures :







I strongly believe that the  company is one step closer to achieving  its targets.  Japanese central bank's Yesterday's surprise decision to continue aggressive stimulus program is expected to help for an early recovery of Japanese economy .Any improvement of Japanese economy will augur well for SKM which is the most important market for the company. The main points to note in this result is the growth in top-line  even during this not so good situation in  its export markets and sharp reduction in  finance cost. Reduction in interest charges clearly indicating company's ongoing efforts to become a debt free company in next few years.Company already surpassed its last full year profit figures in this six months itself. Under the  trusted and hardworking promoters and  management , I hope company will achieve greater heights in the years to come.

In my opinion , for a disciplined investor with enough patience ,  still there is chance  for decent gain from this stock in long term  and  at the midst of this result season I could not find a better option.Hence , not recommending any new stock today.

Link to detailed report on this company HERE


100 comments :

  1. Take a Bow. You are great! Thanks for your wonderful picks. Thanks for en lighting small investors by suggesting stocks with proper study and analysis.

    ReplyDelete
    Replies
    1. Thanks ,Please ensure own study and conclusions too :)

      Delete
  2. Sir, cannot thank you enough. One question though... what is this "other income" ? what is the source...it seems sizeable enough to ask if there will be positive or negative variance in it coming quarters. thanks again

    ReplyDelete
    Replies
    1. Since Egg powder is their main business ,all other income like earnings from selling of Egg Shells and other by-products ( like the waste from farm which can be used as Fertilizer ..etc ) , exchange fluctuation gain/loss ..etc are shown under separate head 'Other Income ' .Part of this is repeatable.

      Delete
  3. Hi Sir,
    I was reading one of your comments where you mentioned that you were analysing an Infra stock.
    Is it still in your radar.
    Thanks for the great contribution and true guidance.

    ReplyDelete
  4. Dear Vp Sir, Interesting point to be noted is that Gts 5 answer was panasonic energy india ltd,.its Q2 profit rose from 1.79cr to 5.33cr & sales increased from Rs.59 Cr to Rs.66 Cr was recommended at price of 73 currently it is trading at 318/-.Gts 7 answer is skm it has now posted its results its Q2 profit rose from 1.79 cr to 6.13 cr. & sales increased from Rs.55 Cr to Rs.70 Cr. was recommended at the price of 60 & now trading at 81/-.
    Does this mean that this niche stock deserves better valuation going forward?

    ReplyDelete
    Replies
    1. Sir, your smile speaks thousands words and millions blessings to us.

      Delete
  5. Resp sir, thanks once again for introducing all of us to a great stock. This GTS was a thriller for all who worked hard to spot this stock. The Company has come out with a great set of numbers too. That adds to the strong conviction that you and all the other investors have kept in the management. Best regards NS1019

    ReplyDelete
    Replies
    1. For retail investors like us ,attitude of management is the most important factor.

      Delete
  6. Very long back you had posted about JSW Energy. Is it time to re look at this company as its posting quite good results and due to change in Government and big bang reforms expected in this sector going forward.

    Also whats your view on biodiesel sector and in next 10/15 years can this be the sector to watch out for.

    ReplyDelete
    Replies
    1. Uncertainty in policy matters like coal mining ..etc is an overhang

      Delete
  7. sir , plz speak abt result of nath bio. it was also ur recommendation

    ReplyDelete
    Replies
    1. On an EBITDA level company improved performance . Net profit came down mainly due to increase in interest payment. Company is now expanding business to new territories and the impact of the same started to reflect in its topline .At the initial stage expansion need more funds and the result will follow . I am not worried about few point reduction in NP figure , but one should pay more attention on increasing pledge level.

      Delete
  8. Hi sir....
    Can you give ur views on Tide Water Oil and heritage food....??

    Thank you

    ReplyDelete
  9. Sir, you have not given any view on the results of MM forging and Granules. Please can you do that?

    ReplyDelete
    Replies
    1. One can hold both stocks with realistic expectations from here.

      Delete
  10. Hello Sir,

    Could you pls share your update on Asian Granito results , sorry i couldn't see it on your site.

    Thanks
    Abhilash

    ReplyDelete
    Replies
    1. Considering the tough business environment prevailing in the user industry , result was good and one can Hold it .Situation is expecting to improve going forward

      Delete
  11. Hello sir ,
    Your views on llyod electric and kitex garments would be appreciated .
    Thanks

    ReplyDelete
  12. Sir your Expert opinion / view on Fortis Hospital with 3 years view

    ReplyDelete
    Replies
    1. I don't believe in time bounded investment in stocks.

      Delete
  13. Sir - can i buy Excel Ind at CMP? it has run up a lot since your recommendation. pls suggest

    ReplyDelete
    Replies
    1. Its business also improved since recommendation

      Delete
  14. Sir, Please comment on panacea biotec results. has it shown stong signs of turn around? Please reply sir

    ReplyDelete
    Replies
    1. Expecting better future than recent past

      Delete
  15. Sir. Gud evening, Hats off for SKM eggs I purchased on Diwali Muharat Trdg Plz advise on Axis Bank, UCO Bank. Allahbad Bank, Subros Ltd(leader in providing air conditioning to automobile segment),Whirlpool (recorded 25% growth in share price in last one month with lot of fluctations), Maruti(jumped on good results)

    ReplyDelete
    Replies
    1. Tracking only Whirlpool and Subros and positive on both for long term

      Delete
  16. sir please give your expert view on premier explosive ...Thanx

    ReplyDelete
    Replies
    1. Recommended around Rs.70, at CMP of Rs.228 , neutral on it.

      Delete
  17. Dear Sir,

    My question is, how could I enhance my capability to look out for such undiscovered companies in the markets. I do understand that there is no fixed formula, but in my company research, where should i typically start...few things that i know is to 1-watch out for the trend in their quarterly result 2- The PE ratio of the company 3- The management behind the company (i struggle to find out their elaborate histories as you do) 4- the debt on the company (again exact resources to find out this, i struggle at)..Basically, Can you probably teach me? I swear I would give you 25% of all my share market earnings if you take me as your student :) > Do let me know, and I would email you...Mambo

    ReplyDelete
    Replies
    1. Better to first look around and try to spot emerging trends using your common sense . Then only look for companies...

      Delete
  18. Sir... Its just a request.. Plz write a book for all your followers so that we can follow your priciples and philosophy while investing...

    ReplyDelete
    Replies
    1. I have not enough caliber to do that

      Delete
  19. Sir can u plz repeat some of ur already recomended stocks that can be still purchased on today
    for a new investor it will be helpful for me and many of others people too.

    ReplyDelete
    Replies
    1. Repeated many stocks as and when opportunity arises.

      Delete
  20. Sir, Thanks for replying to my earlier query on Granules and MMFL. Have already bought SKM Eggs in good quantity after your earlier recommendation and now after this update hope to load on some more before it hits too many UCs :-) .

    Do you track RS Software? What is your view on it. Post Q2 results it is seriously correcting.

    ReplyDelete
    Replies
    1. Many times mentioned that I am not tracking R.S Software

      Delete
  21. Sir will you pls give ur views about Shilpi Cables?
    The company is basically into manufacturing cables for the telecom sector. Its topline and bottomline are increasing very fast but the management has declared dividend only once since its ipo in 2011 along with a bonus issue.The share increased very much since its bonus issue annoncement and after the bonus ex-date it has been on continuous lower circuits.
    and also share your views about the cable industry

    Your views are important to me sir.
    Thanking You

    ReplyDelete
    Replies
    1. I am skeptical about the management and its published result

      Delete
  22. Sir I could purchase SKM only on Friday at Rs.80. I am happy to see the results posted by you. What is your recommendation to me now.

    ReplyDelete
  23. Sir your views on sharp india?? Please

    ReplyDelete
  24. Sir,
    Your views on Bharat Forge

    ReplyDelete
  25. Hello sir, what is your view on shivam autotech and cigniti ? Thanks

    ReplyDelete
    Replies
    1. Shivam Autotech is good, not tracking Cigniti

      Delete
  26. Dear sir
    I have a query regarding Bajaj Holding and Investment. It is a zero Debt company which is growing very well. Last 2 qtr results have been excellent too. The management is no doubt one of the reputed business houses in India. I do not understand why it is trading at such low forward P/E. Is it because of the nature of the industry? How do we analyse as to whether there would be P/E rerating for these kind of stocks?

    Regards
    Prasad

    ReplyDelete
  27. Sir many times says to you but found no reply again please your view upon unity infra.ramky infra and DB reality also let me know some infra stocks for long term thanks

    ReplyDelete
  28. Dear sir,
    Your valuable opinion on Auto corp. of Goa as core portfolio stock.

    ReplyDelete
    Replies
    1. Stock appreciated substantially in recent times . Good one try in dip

      Delete
  29. Dear Sir,

    Any idea about results of Sequent Scientific ?

    Thanks
    Satheesh.

    ReplyDelete
    Replies
    1. I am not an insider to comment on result before it published :)

      Delete
  30. Respected Sir,

    Thanks for this wonderful recommendation.
    Sir I would like your view on Suzlon Energy after its quaterly numbers.
    Can I buy it at CMP as its trying to reduce its debt and also its a futuristic bussiness.

    I have been posting this msg but not getting a response.

    Plz Plz do reply

    ReplyDelete
    Replies
    1. A sucessfull IPO of SENVION in overseas market is more crucial than result for Suzlon at this point

      Delete
  31. Sir,
    Recently only I got the opportunity to visit your blog..thank GOD for guiding me. But by time most of your recommendations reached UC what to do bad luck.Any hope for me in the future. I have Ashok leyland and wonderla with me should hold them. Sir, your are doing a great job thank s lot.

    ReplyDelete
  32. Dear sir,
    your view on old recomendation Basant Agro tech at CmP..
    posted good Q2 results..
    thanks

    ReplyDelete
    Replies
    1. Stock already gained more than 100 % from recommended level. Further value unlocking is possible if management is willing to de-merge its seed division.

      Delete
  33. sir,

    Whats your view on 1) Sunil Hi-Tech Engg 2) brook Labs.

    ReplyDelete
    Replies
    1. Sunil Hitech is an already recommended stock and the same gained more than 100% in six months .One can still hold it.

      http://value-picks.blogspot.in/2014/05/sunil-hitech-engineers-ltd-buy.html

      Not tracking Brooks Lab

      Delete
  34. Sir,

    Your views on Shree Hari Chemical Exports if you are tracking it.

    Thank you,
    Naresh.

    ReplyDelete
    Replies
    1. Product price of company seems coming down , not sure how long they can perform as performed in past few quarters.

      Delete
  35. Your view on Chaman Lal Setia..

    ReplyDelete
    Replies
    1. Stock recommended earlier @ Rs.44 . At CMP of Rs.70 ,neutral

      Delete
  36. Sir on 31 Oct , Marksans Pharma came out with their Result.
    EPS of Rs 0.8 for Q2.

    what is your view now on Marksans going forward?

    ReplyDelete
    Replies
    1. This stock recommended @ Rs.4 and at CMP Rs.64 , its market cap reached Rs.2500 Cr . Neutral at CMP

      Delete
  37. any views in Hatsun agro and Kwality Dairy Ltd ? Pls

    ReplyDelete
  38. Dear sir,
    I humbly request you to comment on Wockhardt results & your views about the future of the stock.....

    Sathishkumar

    ReplyDelete
    Replies
    1. At this point, an earlier solution for USFDA issue is most important for Wockhardt. Not expecting much impact on account of Result

      Delete
  39. Sir, Came across one of your previous recommendation "Tokyo Plast" is it still a worth to buy at CMP. Please post your views

    Thanks

    ReplyDelete
    Replies
    1. Stock already gained 100 % from recommended level , neutral at CMP

      Delete
  40. Request your view on Guj. Borosil post the results? Thanks.

    ReplyDelete
    Replies
    1. Guj Borosil facing some gas supply issues which is one point of concern and affecting its performance. Let us hope for an early solution for the same. You can read the details in below link

      http://archive.financialexpress.com/news/industrial-units-in-south-gujarat-stare-at-58-pct-cut-in-natural-gas-supplies/1287968

      Delete
  41. Hi VP Sir,

    Whats your view on Emmbi Industries.

    ReplyDelete
  42. Sir your view on amd industries, sn bearings for long term

    ReplyDelete
  43. What is your view on south indian bank if you track it. It has an impressive track record of regular dividend payment and also is cheaper valued than its peers

    ReplyDelete
  44. Sir good morning sir
    Please provide information on taxes on profits many of small investors not aware of taxes we have so much cofusion regarding this

    ReplyDelete
    Replies
    1. For this subject ,better to consult a CA or tax consultant

      Delete
  45. Deasr Sir,

    Please share your view on Jayant Agro Organics and Bhartiya international.

    Regards,
    Santosh

    ReplyDelete
  46. Sir your views on jenburkt pharma

    ReplyDelete
  47. Sir what are your views on manali petro?

    ReplyDelete
  48. valuepick sir, what is your opinion on Mastek in the backdrop of its demerger news?

    ReplyDelete
  49. VP Sir, what is your view on Grauer & Weil

    ReplyDelete
  50. Dear Value pick,
    If I invest Rs. 5000 each in 10 equal your recommendations. And will not withdrawal till 10 years. I will switch equities as per your recommendations. Then what minimum return I can expect from it after 10 years.

    ReplyDelete
  51. SIR
    What abot Ashol Leyland . I have 2000 shares. shall i sell or hols?

    Ruth

    ReplyDelete
  52. Hi, could you please advise me on the SKM Egg Product pricing. On BSE it says as suspended in July. Please advise further.

    ReplyDelete
  53. Dear Sir

    Could you please throw some light about Himalya International and Borosil Glass.

    ReplyDelete
  54. SKM shows a 2.63 crores under other income in last quarter. Would you be aware of the nature of this income. This doesnt look like FX gain (Relatively large given the fx movement, but I could be wrong).

    Thanks,
    Venkat

    ReplyDelete

Followers

Tweet TopOfBlogs