Saturday, June 8, 2013

CUMMINS INDIA - REPEAT

This stock recommended as a BUY on 11 May 2013 @ Rs.520 .Stock now corrected to Rs.465 / .One can average it and hold for long term.For old posting Click HERE

36 comments :

  1. Hi Sir,

    What are your views on Mirza international. Seems like a company with huge potential. Foreign exposure should be beneficial given the weakening of the rupee.
    Do let me know if there are any risks that I am overlooking.

    Thanks,
    Anand

    ReplyDelete
    Replies
    1. Not tracking Mirza ,Generally this sector commanding low P/E

      Delete
  2. From Oil and refinery which one shall i pick -either Indraprastha gas or cairn india?

    ReplyDelete
    Replies
    1. I prefer Cairn ,but regulatory risk is always higher in this sector

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  3. Dear valuepick,
    Whats your present view on heritage foods. I have invested 1 lakh at 525 per share. It is better to exit or hold?

    ReplyDelete
    Replies
    1. I don't think there is any negative happened in case of Heritage.

      Delete
  4. Dear vpji
    Do you track Rakesh jhunjhunwalas portfolio ... Most of the mid caps he had invested in are facing problem with cooperate governance issues or capex problem .. How can such a big investor make so many blunders ??

    ReplyDelete
    Replies
    1. Situation of our economy itself is very tough for the past few years.As far as my understanding, earlier the stock selection was done by himself and later he started a firm and appointed others to do the work .If we check the history ,many of the stocks added in his portfolio in recent times performing poorly and at the same time his old stocks like Lupin,Rallis,Titan..etc are still strong .I doubt whether the last word in stock selection is still him or not ..

      Delete
    2. Sir,
      thanks for exactly telling to the point analysis of the stocks thank you ....
      Rahul

      Delete
  5. sir, what your view about sequent pharma ? Pramoter buying warrents 172/-

    ReplyDelete
    Replies
    1. Warrant subscribed earlier and now they are converting into shares at a price of Rs.172.No change in my previous view on this stock , but only for investors with patience and above average risk.

      Delete
  6. Hello Sir ,
    What is ur opinion on HC Sector?
    Wockhardt,Lupin,Cadila,Omkar ?

    ReplyDelete
    Replies
    1. Prefer Lupin and Sun from large pharma space.

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  7. Dear Sir, what is your opinion on Elder Pharma?

    ReplyDelete
    Replies
    1. Reports saying that the promoters are planning to sell the company .If they sell the entire company thet will be good for its minority share holders ,but if they sell only their few good brands,normally benefit will be minimum for minority share holders.

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  8. Dear VP sir,
    can I buy Dishman Pharma @cmp for long ter? Pls suggest.
    Abir

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  9. Whats is your view on sujana towers

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  10. Dear Sir , whats your view on Wockhardt in the current scenario, for a long term investment ?

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  11. sir,
    market looks pretty much like 2001 -2004 time, nobody interested in buying any smallcaps and most of them are available dirt cheap, uncertainity for next bull run is a question but is it the best time for the investment?
    if we consider ruppee depreciation against dollar compared to 2008 price of 40rs/dollar then sensex is available for 13k at 2008 dollar rate - what is your thoughts?
    thanks Prasanth.

    ReplyDelete
  12. Dear valuepick,
    When would the PCA stocks for the next quarter be announced?
    would it be in the first week of July?
    would an investor have time to exit from a particular stock incase it is included in PCA before it starts to trade via the PCA mechanism?

    ReplyDelete
    Replies
    1. I don't think only we are smart and all others are fools :)

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  13. whats wrong with India Gelatine ..Every fundamental ratio appears perfect. is there anything serious not available in public domain,

    ReplyDelete
  14. We all feel only the stocks we have investment is coming down.But in reality only a handful index stocks are performing and all others are coming down due to one reason or other.In the case of mid/and small caps , a big culprit is PCA .Investors are willing to exit at any cost from such stocks and not intersted to buy even good small cap stocks trading out of PCA only because of the possibility of inclusion in the next round.Really a painful situation and it is the time of players in F&O with deep pockets.Unfortunately SEBI is also doing nothing to favour investors .Stock Exchanges and brokers are also interested only in encouraging F & O to increase their own income and not bothered about investors.

    ReplyDelete
  15. Sir,

    What is your view on TATA steel...its way down now...is it time to buy more?

    ReplyDelete
    Replies
    1. Many metal stocks corrected sharply .Demand from China and uncertainity in govt's mining policy,revival of construction sector ..etc are the main factors deciding the trend.Long term investors may SIP from current level.

      Delete
  16. Value Pick Ji,

    Need you advice on the below announcement by SABERO ORGANICS.Didn't understand the notice as such.

    "Sabero Organics Gujarat have issued notices to all shareholders who have not paid the first & final call money of Rs 6/- per share, to pay the same to the Company within the stipulated time, along with the interest due thereon and their failure to do so it would result in forfeiture of the shares."

    Thanks
    Arun KP

    ReplyDelete
    Replies
    1. This is regaring the balance payment of call money.At the time of IPO ,company collected just Rs.4 at application out of its FV 10 .Many people may still there who are not paid the balance amount,and company giving one more chance to pay the balance . Shares now trading in stock exchanges are fully paid up and this announcement have no effect on it.

      Delete
    2. Thanks for the reply - so this announcement is only for those who brought the share through IPO.

      Delete
  17. Parekh Aluminex had posted net profit of 28 crores in Sep 12 quarter & suddenly came up with loss of 300+ crores in the Dec 12 crores. What is your view ? Is this case of fradulent financial books here or what might be the reason for such a -ve growth ?

    ReplyDelete
    Replies
    1. I believe there was some adjustments done in accounts during the tenure of former MD of this company ,who died recently.

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  18. Dear VP,

    Does VA Tech have seasonality effect in its results? I saw that Q4 is the best result this year and in 2012. Other quarters are just a fraction of Q4.

    Best Regards,
    Shankar.

    ReplyDelete
  19. Companies depending govt orders showing the same trend ,always .

    ReplyDelete
  20. Although number for last quarter ended June 2013 are not that encouraging i feel one should add below 380/385 this stock in small qty.
    Mr V Pick need your comments about Cummins India

    ReplyDelete
  21. hi sir .. currently cummins is at 396 levels .. can v buy at this level ..

    ReplyDelete

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