Thursday, May 29, 2014

ALPHAGEO INDIA ,GALAXY ENTERTAINMENT CORPORATION - UPDATES

ALPHAGEO INDIA 

  


Alphageo India is a stock  recommended @ Rs.38 about 6 months back ( Link HERE) Today it hits its 52 week high @ Rs.221. Company reported excellent number for the FY 2013-14. Turnover jumped from Rs.24 Cr to Rs.94 Cr and reported a net profit of Rs.26 Cr V/s  a loss of Rs.11 Cr .EPS is Rs.48 . Company also reported a dividend of 20 % . Recommending to HOLD this stock.


GALAXY ENTERTAINMENT CORPORATION 

  


This is one stock recommended long back in 2011 @ Rs.13 ,and mentioned as a potential multi bagger. But nothing has happened as expected so far . The entire future group was in trouble due to huge debt burden and falling revenue mainly on account of recessionary situation for the past few years. Now they are trying for a come back by restructuring of their businesses .This may be the reason they ignored this small company for the past many years.Now , It seems  there is some light at the end of tunnel . Company recently clarified that they are taking this business as serious and planning to expand the business through various initiatives. As part of this ,they already sold some units and acquired some other and planning ambitious expansion going forward .

Read more details in the below link

Future Group’s Galaxy bets big on food courts




Today company reported its March quarter numbers .In this quarter ,Galaxy reported a top line of Rs.22.5 Cr V/s Rs.3.1 Cr  and a net profit of Rs.1.6 Cr V/s a loss ( Excluding exceptional item ) . It seems after long waiting of  four years ,company now started to move through the right track. The potential of industry is very good and if  they can tap it ,stock may be a multi bagger from current level of Rs.24


Related Readings in the below links:




3) Galaxy Entertainment Corporation Limited launches a new sports bar “SBX”


 
4) Sports Box, Finally A Sports Bar In The Eastern Suburbs






For old recommendation on this stock ,Click HERE 


Disc: I have vested interest in both stocks.








 

42 comments :

  1. Sir,ashapura mine result seems negative on qoq, but seems good full year to last full year. please make a comment to understand better. ravikumar

    ReplyDelete
    Replies
    1. More than the result , future depends on debt /court case settlement and new govt's mining policy

      Delete
  2. Well done sir.....
    Keep updating your blog with such outstanding stocks.....
    God Bless you

    ReplyDelete
  3. Sir, Marksans and Ybrant digital posted not so good result.
    Any changes in their view

    ReplyDelete
    Replies
    1. Not tracking Ybrant.

      One can book profit in Marksans.

      Delete
  4. You are recommitting 3-4 shares a month... What should be the strategy for a follower..Buy all in small qty ?

    ReplyDelete
    Replies
    1. You should learn more about the companies and select the one's suitable to your risk profile and with high conviction.

      Delete
  5. sir
    what are your views about tata chemicals paos results??
    there has been a significant loss..

    ReplyDelete
    Replies
    1. Restructuring of businesses is one reason for that . Stock may range bound in near future.

      Delete
  6. Dear Sir,
    should I buy Sunil Hitech at present level. After your recommedation, it has already moved a lot.

    Best Regards,
    Raj

    ReplyDelete
    Replies
    1. Yourself feels it already moved a lot .Don't buy any stock if we have no full conviction.

      Delete
  7. Hi Sir, Thanks for your wonderful pick AlphaGeo. The Search box on the blog is not working, Can you check with blogger to have it Fixed. Hope this post gets published.

    Can you please throw somelight on Neo Corp International.

    Thank You!

    ReplyDelete
    Replies
    1. I am not sure about Neo corp's published results. Why the promoters are holding such a lower stake in a huge profit making ( If the published results are true) company ? .Any idea ?

      About search option - tried a lot to sort out the issue and still trying.

      Delete
    2. One way to search, if using chrome, is you enter the website name in URL bar (in this case value-picks.blogspot.in) and the press tab and then enter search query. Google will search for you on that website.

      Delete
    3. As i understand Search option is browser specific. Check your Browser setting. i also observe the same in lower version of IE. it is not working but i am using FireFox V 29 it is working properly. So check setting and change setting. Better do some google search in internet you will find some good solution.

      Delete
  8. Sir.. Benefited with Alpha geo a lot.. Sold few and covered d capital based on the last update & now the stock is zoooooming.. Thank you so much sir :) live long! small investors like me are gaining good :)

    ReplyDelete
  9. Dear Sir
    Please comment on result of Mafatlal industries.
    Q to Q its good , but YoY not good . Is it a hold ?

    ReplyDelete
    Replies
    1. Textile cos may face margin pressure due to increase in cotton prices in recent times. Below average monsoon is also a reason for concern. If you are not interested to above average risk ,may exit for the time being and re-enter when some clarity arise in these matters.

      Delete
  10. could you please share your view on the result of cox and kings?
    Thank you

    ReplyDelete
  11. Sir, Basant agro result looks like very good. Expecting your opinion about the result.K Hari

    ReplyDelete
  12. Whats ur view on aries n cravatex post results?

    ReplyDelete
  13. Hi,
    Nath Bio came out with its Quarterly result wherein it has suffered losses. Given that, don't you think Camson Bio is a better bet than Nath. Also that some serious and long-term investors are now invested in Camson.
    Request to pls give your views on the above.
    Rgds

    ReplyDelete
    Replies
    1. Not a bad result considering the seasonal business impact. Not a reason to sell . Camson is a small player compared with Nath by all means.

      Delete
  14. Hi Sir,
    Is it the good time to buy Rei Agro @ CMP for long term????

    ReplyDelete
    Replies
    1. Company is in deep trouble ,not recommending as a Buy

      Delete
  15. Hi VP, Can you please share your views on Gujarat Foils? Thanks, Veera Brahmam

    ReplyDelete
  16. Sir,
    your comments after the Qtrlty results of Suzlon

    ReplyDelete
  17. Any comments on nath bio....

    ReplyDelete
  18. HI VP....your comments above was for Neo Corp?...just wanted to clarify..."I am not sure about its published results. Why the promoters are holding such a lower stake in a huge profit making ( If the published results are true) company ? .Any idea ?"

    ReplyDelete
  19. Wasnt able to buy today because it was locked in circuit

    ReplyDelete
  20. Hi VP

    Could you please share your view on Gravita India.

    Regards,
    Abhinav

    ReplyDelete
  21. Sir whats your view on Tv18 after the recent stake by Mukesh Ambani

    ReplyDelete
  22. I have got 30000 Galaxy ent. bought at 14 Rs, what do you recommend at this point around Rs 30?

    ReplyDelete
  23. Dear Sir, your views on Max India?

    ReplyDelete

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