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
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.
ReplyDeleteThanks ,Please ensure own study and conclusions too :)
DeleteThanks for the update.
ReplyDeleteSir, 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
ReplyDeleteSince 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.
DeleteHi Sir,
ReplyDeleteI 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.
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/-.
ReplyDeleteDoes this mean that this niche stock deserves better valuation going forward?
:)
DeleteSir, your smile speaks thousands words and millions blessings to us.
DeleteResp 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
ReplyDeleteFor retail investors like us ,attitude of management is the most important factor.
DeleteVery 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.
ReplyDeleteAlso whats your view on biodiesel sector and in next 10/15 years can this be the sector to watch out for.
Uncertainty in policy matters like coal mining ..etc is an overhang
Deletesir , plz speak abt result of nath bio. it was also ur recommendation
ReplyDeleteOn 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.
DeleteHi sir....
ReplyDeleteCan you give ur views on Tide Water Oil and heritage food....??
Thank you
Not tracking Tide Water
DeleteSir, you have not given any view on the results of MM forging and Granules. Please can you do that?
ReplyDeleteOne can hold both stocks with realistic expectations from here.
DeleteHello Sir,
ReplyDeleteCould you pls share your update on Asian Granito results , sorry i couldn't see it on your site.
Thanks
Abhilash
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
DeleteHello sir ,
ReplyDeleteYour views on llyod electric and kitex garments would be appreciated .
Thanks
Not tracking both
DeleteSir your Expert opinion / view on Fortis Hospital with 3 years view
ReplyDeleteI don't believe in time bounded investment in stocks.
DeleteSir - can i buy Excel Ind at CMP? it has run up a lot since your recommendation. pls suggest
ReplyDeleteIts business also improved since recommendation
DeleteSir, Please comment on panacea biotec results. has it shown stong signs of turn around? Please reply sir
ReplyDeleteExpecting better future than recent past
DeleteSir. 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)
ReplyDeleteTracking only Whirlpool and Subros and positive on both for long term
Deletesir please give your expert view on premier explosive ...Thanx
ReplyDeleteRecommended around Rs.70, at CMP of Rs.228 , neutral on it.
DeleteDear Sir,
ReplyDeleteMy 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
Better to first look around and try to spot emerging trends using your common sense . Then only look for companies...
DeleteSir... Its just a request.. Plz write a book for all your followers so that we can follow your priciples and philosophy while investing...
ReplyDeleteI have not enough caliber to do that
DeleteSir can u plz repeat some of ur already recomended stocks that can be still purchased on today
ReplyDeletefor a new investor it will be helpful for me and many of others people too.
Repeated many stocks as and when opportunity arises.
DeleteSir, 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 :-) .
ReplyDeleteDo you track RS Software? What is your view on it. Post Q2 results it is seriously correcting.
Many times mentioned that I am not tracking R.S Software
DeleteSir will you pls give ur views about Shilpi Cables?
ReplyDeleteThe 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
I am skeptical about the management and its published result
DeleteSir 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.
ReplyDeleteI have nothing to say individually
DeleteSir your views on sharp india?? Please
ReplyDeleteNot strictly tracking it
DeleteSir,
ReplyDeleteYour views on Bharat Forge
Not Strictly tracking both stocks
DeleteHello sir, what is your view on shivam autotech and cigniti ? Thanks
ReplyDeleteShivam Autotech is good, not tracking Cigniti
DeleteDear sir
ReplyDeleteI 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
I am not a fan of Holding Cos
DeleteSir 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
ReplyDeleteAs of now not tracking any of these
DeleteDear sir,
ReplyDeleteYour valuable opinion on Auto corp. of Goa as core portfolio stock.
Stock appreciated substantially in recent times . Good one try in dip
DeleteDear Sir,
ReplyDeleteAny idea about results of Sequent Scientific ?
Thanks
Satheesh.
I am not an insider to comment on result before it published :)
DeleteRespected Sir,
ReplyDeleteThanks 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
A sucessfull IPO of SENVION in overseas market is more crucial than result for Suzlon at this point
DeleteSir,
ReplyDeleteRecently 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.
One can hold both
DeleteDear sir,
ReplyDeleteyour view on old recomendation Basant Agro tech at CmP..
posted good Q2 results..
thanks
Stock already gained more than 100 % from recommended level. Further value unlocking is possible if management is willing to de-merge its seed division.
Deletesir,
ReplyDeleteWhats your view on 1) Sunil Hi-Tech Engg 2) brook Labs.
Sunil Hitech is an already recommended stock and the same gained more than 100% in six months .One can still hold it.
Deletehttp://value-picks.blogspot.in/2014/05/sunil-hitech-engineers-ltd-buy.html
Not tracking Brooks Lab
Sir,
ReplyDeleteYour views on Shree Hari Chemical Exports if you are tracking it.
Thank you,
Naresh.
Product price of company seems coming down , not sure how long they can perform as performed in past few quarters.
DeleteYour view on Chaman Lal Setia..
ReplyDeleteStock recommended earlier @ Rs.44 . At CMP of Rs.70 ,neutral
DeleteSir on 31 Oct , Marksans Pharma came out with their Result.
ReplyDeleteEPS of Rs 0.8 for Q2.
what is your view now on Marksans going forward?
This stock recommended @ Rs.4 and at CMP Rs.64 , its market cap reached Rs.2500 Cr . Neutral at CMP
Deleteany views in Hatsun agro and Kwality Dairy Ltd ? Pls
ReplyDeleteNot tracking both
DeleteDear sir,
ReplyDeleteI humbly request you to comment on Wockhardt results & your views about the future of the stock.....
Sathishkumar
At this point, an earlier solution for USFDA issue is most important for Wockhardt. Not expecting much impact on account of Result
DeleteSir, Came across one of your previous recommendation "Tokyo Plast" is it still a worth to buy at CMP. Please post your views
ReplyDeleteThanks
Stock already gained 100 % from recommended level , neutral at CMP
DeleteRequest your view on Guj. Borosil post the results? Thanks.
ReplyDeleteGuj 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
Deletehttp://archive.financialexpress.com/news/industrial-units-in-south-gujarat-stare-at-58-pct-cut-in-natural-gas-supplies/1287968
Hi VP Sir,
ReplyDeleteWhats your view on Emmbi Industries.
Sir your view on amd industries, sn bearings for long term
ReplyDeleteWhat 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
ReplyDeleteNot tracking above three stocks
DeleteSir good morning sir
ReplyDeletePlease provide information on taxes on profits many of small investors not aware of taxes we have so much cofusion regarding this
For this subject ,better to consult a CA or tax consultant
DeleteDeasr Sir,
ReplyDeletePlease share your view on Jayant Agro Organics and Bhartiya international.
Regards,
Santosh
Not tracking both
DeleteSir your views on jenburkt pharma
ReplyDeleteUse search option
DeleteSir what are your views on manali petro?
ReplyDeletevaluepick sir, what is your opinion on Mastek in the backdrop of its demerger news?
ReplyDeleteNot tracking above two
DeleteVP Sir, what is your view on Grauer & Weil
ReplyDeleteDear Value pick,
ReplyDeleteIf 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.
SIR
ReplyDeleteWhat abot Ashol Leyland . I have 2000 shares. shall i sell or hols?
Ruth
Hi, could you please advise me on the SKM Egg Product pricing. On BSE it says as suspended in July. Please advise further.
ReplyDeleteDear Sir
ReplyDeleteCould you please throw some light about Himalya International and Borosil Glass.
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).
ReplyDeleteThanks,
Venkat