Wednesday, May 30, 2012

SPECIALITY RESTAURANTS LTD - BUY





Speciality Restaurants Ltd , owner of India’s largest Fine Dining restaurant chain listed in stock exchanges today .Due to negative market sentiment and wide criticism of over pricing for the IPO ,retail portion of the issue subscribed only upto 50 % of the offer .But I feel  many analysts and broking houses paid much attention to the pricing side and ignored the other .Company having many positives like a professional management under the leadership of Anjan Chatterjee with vast experience in this field,proven execution skills,rapid expansion ,asset light business model with good cash flow,excellent brand loyalty( Mainland China),low debt ..etc.As mentioned above it may seems fully priced in current market situation based on parameters like P/E ,but I don’t think  stocks of companies with  good growth potential  will come at low P/E at any point of time rather higher P/E will be justified in future with good growth.Hence one with some risk appetite may go for it at CMP of Rs.156/-

Disc : I have vested interest in SRL
Posted by VALUEPICK at 10:07 AM
Labels: , ,

25 comments :

  1. AnonymousMay 30, 2012 at 12:25 PM

    pls comments on Action Construction Equipments Ltd

    ReplyDelete
  2. essveeMay 30, 2012 at 1:05 PM

    Sir

    I request you to kindly give some goods scrips which are corrected heavly for bottom fishing. It is very useful to us. Thanking you

    ReplyDelete
  3. akhiMay 30, 2012 at 2:29 PM

    sir your view on schneider electric..
    regards

    ReplyDelete
    Replies
    1. VALUEPICKMay 30, 2012 at 8:39 PM

      Result of Schneider was bit below my expectation.But it is not the time to panic.The general trend in this industry is the same and nothing wrong specifically to the company.Any new management will take reasonable time to analyse and take action.

      Delete
  4. VikasMay 30, 2012 at 4:03 PM

    Hi Valuepick,

    Till what date this Speciality restaurants is going to trade in T2Tgroup?

    Regards,
    Vikas

    ReplyDelete
  5. VALUEPICKMay 30, 2012 at 8:40 PM

    Dear Vikas

    10 Days from listing day

    ReplyDelete
  6. LordsivaMay 31, 2012 at 10:34 AM

    Dear Sir,
    Thank U very much for giving smart suggestions to the small investors like me.Please drop a line on MCX.It was listed around 1400 and now trading at 850. Is it good to enter at this price.Waiting for your suggestion.

    ReplyDelete
  7. AnonymousMay 31, 2012 at 10:41 AM

    COULD YOU PLS COMMENT ON MCNALLY BHARAT

    ReplyDelete
  8. Debasish DebMay 31, 2012 at 2:28 PM

    Your views on Bajaj hindustan and Jayshree tea after Q4 result.

    Regards

    ReplyDelete
  9. Debasish DebMay 31, 2012 at 3:17 PM

    Sir
    Cannot imagine what is happening with suzlon. Hold or exit.

    Regards

    ReplyDelete
    Replies
    1. VALUEPICKMay 31, 2012 at 9:43 PM

      Selling pressure may continue till some clarity emerges on debt repayment after bad result.If not interested to take above average risk exit now and re-enter later after knowing the further action of management in this matter.

      Delete
  10. LayaMay 31, 2012 at 4:49 PM

    Dear VP,

    Please check my reshuffled portfolio after the sort of bottom fishing & results.

    Kindly advise

    TTK Healthcare
    REC
    Tata Chemicals
    HIKAL
    JBF Industries
    Selan Exploration
    SML Isuzu
    Eros Intl.
    WimPlast
    Opto Circuits

    Regards

    Laya

    ReplyDelete
  11. kskMay 31, 2012 at 11:53 PM

    HELLO SIR...
    UR OPINION REGARDING OF GALAXY ENTERTAINMENT LTD, AS THEY ARE ON SALE OF BUSINESS....

    IS IT STILL A BUY....?

    ReplyDelete
  12. kskMay 31, 2012 at 11:53 PM

    HELLO SIR...
    UR OPINION REGARDING OF GALAXY ENTERTAINMENT LTD, AS THEY ARE ON SALE OF BUSINESS....

    IS IT STILL A BUY....?

    ReplyDelete
  13. aditya kumar singhJune 1, 2012 at 9:55 AM

    sir do you track ifb agro it corrected a lot due to dismal performance in last quarter, what do you think as a prospectus going foreward.

    and also sir can you comment on moschip semiconductor.

    ReplyDelete
    Replies
    1. VALUEPICKJune 10, 2012 at 5:59 PM

      Dear Aditya

      earnings of IFB Agro showing wide fluctuation during last few years.Difficult to get substantial gains from such stocks in long term

      I don't think Moschip is a good company

      Delete
  14. rajani bedadeJune 2, 2012 at 8:28 PM

    congartulation to Mr VP.
    Please note that your recommended out of 87 companies 54 companies have posted profit in latest q4 results, congrats to achieve 62% success rate in this tough time.

    plz suggest re-buy from below based on future demand and scope based on long term goals :
    -timex
    -centum
    -kirloskar
    -salona
    -medicamen
    -kopran
    -jsw energy

    ReplyDelete
  15. kmdJune 3, 2012 at 10:03 AM

    sir tasty bites has reported 2.5 cr (in this q4 ) net profit against 0.73 cr privious year q4 profit). Rise in profit is 350% rise in the profit.

    shall i hold having 100 shares at 132 rs buy price.

    please suggest hold or buy on this script.

    ReplyDelete
  16. MSJune 3, 2012 at 12:51 PM

    Hello,Do u track Meghmani organics..if so pls let us know the view...tks

    ReplyDelete

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