Wednesday, August 10, 2011

KAVERI SEED COMPANY / ADVANTA INDIA - RESULT UPDATES









Both these companies declared very good results for the June quarter

KAVERI SEED COMPANY LTD.


Turnover   Rs.241 Cr  v/s Rs.148 Cr

Net Profit  Rs.47 Cr   v/s Rs.31 Cr

EPS Rs.     Rs.34.5     v/s Rs.23



ADVANTA INDIA LTD


Turnover   Rs.225 Cr  v/s Rs.175 Cr

Net Profit  Rs.17 Cr   v/s Rs.4 Cr

EPS Rs.     Rs.10     v/s Rs.2.50


Since both these companies are in hybrid seeds segment and this industry is seasonal in nature ,it is not prudent to annualise the quarterly results based only on June quarter result.

Both these companies having huge potential in this space ,HOLD  both for long term.













25 comments :

  1. ValuePick,
    How is 'Camson Biotech' comparing to these two companies? Is it advisable to invest in Camson? and can we expect a good return from camson in next 2 years? Kindly Reply

    -Rohit

    ReplyDelete
  2. Dear Sir,

    could you please give me your views on Bharati Shipyard at the current levels. I intend to buy about 25000 shares @CMP for a target of Rs.150 in 12 months. Would really appreciate your respected views. Thanking you in anticipation.

    ReplyDelete
  3. Hi ValuePick,

    Are the current levels good to buy these stocks afresh if I would like to be invested for a long time?

    ReplyDelete
  4. dear value

    after showing good result, why aries agro fall more than 5%? is there is any bad news in result?

    PATIDAR

    ReplyDelete
  5. How do you evaluate the results of Aries agro? The stock is down 7% today after the results.
    Thanks
    Pandit

    ReplyDelete
  6. what is ur suggestion for alphageo at cmp?

    ReplyDelete
  7. what is ur suggestion for websol at cmp?

    ReplyDelete
  8. Kaveri/Advanta-
    compare to sales/mcap its not cheap i guess and business also cyclical,if something goes wrong it can be a disaster, if we are bullish in agro sector its better to stay with the leader ..monsanto ..and its available to 3 times valuation of kaveri,they have lot of products.. not just seeds, your thoughts?
    Thanks,
    Sajan

    ReplyDelete
  9. dear sirji

    stuck up with rajvir, is it prudent enough to come out since now that export will be a matter of concern because of the dollar.

    ReplyDelete
  10. dear vp sir,

    jk agri results are also good , shall i buy now in small lots ?

    thanks

    ReplyDelete
  11. Dear Rohit

    I am bit skeptical on the management of Camson Bio

    ReplyDelete
  12. Ship building companies are facing order/margin pressure.I don't think any dramatic improvement in 12 months.

    ReplyDelete
  13. Dear Mohan

    Hold Kaveri and may consider a BUY on Advanta
    for long term

    ReplyDelete
  14. Dear Patidar

    It is really a question ,I too trying to find an answer.

    ReplyDelete
  15. Dear Sajan

    You should look at the other side too.Monsanto having two other companies in India Monsanto Holdings Private Limited (MHPL) and a joint venture Mahyco Monsanto Biotech (India) Limited .The listed entity earlier sold a part of its futuristic business and introducing good products through their private companies. All Monsanto products are not produced by the listed company .I don't like this type managements which is cheating the minority share holders of listed company.

    ReplyDelete
  16. Dear fundainvest

    There is not much negative movement in $ even after all these problems. But demand of their product may affect due to overseas issues which is a concern

    ReplyDelete
  17. Dear Kailash

    Go for it around Rs.300 for long term

    ReplyDelete
  18. Dear Valuepick,
    Based on your earlier post, do you still recommend a buy on ADF Foods at CMP of 65? Thanks for the great work.

    ReplyDelete
  19. Sir, what's your stand point on Fluidomat recommendation, I am holding it at 30.

    ReplyDelete
  20. Dear VP,
    Could you throw some light on Laffans Petrochemicals Ltd. This company has good financial results for June Quarter and also Hunstman Petrochem form US has acquired it recently in April.
    Regards
    Girish

    ReplyDelete
  21. Hi Value pick,

    What is ur take on Manjushree technopack..?? Result appears to be very good, do you see multibagger in this scrip? Please addvise.

    Thanks and Regards,
    Ravi

    ReplyDelete
  22. Wait for the time being for ADF . Let some clarity emerge on share transfer between promoter family members.

    ReplyDelete
  23. Fluidomat almost doubled after recommendation in November 2010. Now there may be some negative trend expected in capital goods industry .Hold - if you have only a long term view.

    ReplyDelete
  24. Dear Ravi

    Manjushree is good , Raw material price depends on crude price , so keep a tab on this point

    ReplyDelete
  25. Dear Kirish

    I think you are mistaken on two points.First of all ,Laffan's June qtr result is not good as you mentioned .It seems good only because of some tax adjustments.Secondly ,this company is not taken over by Hunstman Petrochem , but only its chemicals manufacturing assets sold to that company. No use for existing share holders on change in management of this assets.I don't think the promoters are investor friendly.Now thay are saying that the amount will be invested for manufacturing fatty amine project.Only time will tell whether it will happen or not. I am neutral on this one - may move up due to reasons other than fundamentals like operator activity.

    ReplyDelete

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