Samkrg Pistons recommended @ Rs.163 ( Link HERE) declared its December quarter numbers as follows :
Company already surpassed its last full year profit in this nine months itself of the current FY .As expected , its top line was almost flat and the bottom line grew by 33 % . In my original recommendation itself , I indicated the possibility of a muted quarter in December . In a recent interview , MD of the company also hinted December as a soft quarter and explained the reason for that .Still I believe , Samkrg will report 40 % bottom line growth on an yearly basis compared with last year. I believe , today's sharp fall is unwarranted and there is no need to panic .This is one company still trading at decent valuation from auto ancillary sector .
You can watch the interview with MD in the following link: ( Courtesy : Moneycontrol)
Cash-RichSamkrg Pistons eyes 20% CAGR in next 3 years
Company already surpassed its last full year profit in this nine months itself of the current FY .As expected , its top line was almost flat and the bottom line grew by 33 % . In my original recommendation itself , I indicated the possibility of a muted quarter in December . In a recent interview , MD of the company also hinted December as a soft quarter and explained the reason for that .Still I believe , Samkrg will report 40 % bottom line growth on an yearly basis compared with last year. I believe , today's sharp fall is unwarranted and there is no need to panic .This is one company still trading at decent valuation from auto ancillary sector .
You can watch the interview with MD in the following link: ( Courtesy : Moneycontrol)
Cash-RichSamkrg Pistons eyes 20% CAGR in next 3 years
Cash-rich Samkrg Pistons eyes 20% CAGR in next 3 years
Read more at: http://www.moneycontrol.com/news/business/cash-rich-samkrg-pistons-eyes-20-cagrnext-3-years_1175137.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/business/cash-rich-samkrg-pistons-eyes-20-cagrnext-3-years_1175137.html?utm_source=ref_article
Cash-rich Samkrg Pistons eyes 20% CAGR in next 3 years
Read more at: http://www.moneycontrol.com/news/business/cash-rich-samkrg-pistons-eyes-20-cagrnext-3-years_1175137.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/business/cash-rich-samkrg-pistons-eyes-20-cagrnext-3-years_1175137.html?utm_source=ref_article
Sir what is your present view on united drilling tools. As it is shifted to z group.
ReplyDeleteUnited Drilling shifted to 'Z' group due to non filing of two consecutive qtr results .Resignation of auditors may be the reason for delay in that and later they filed for one quarter .
DeleteThank u so much sir...
ReplyDeleteThanks Vp about result update.hope it will stop panic selling
ReplyDeleteMuch needed update. Thanks .
ReplyDeleteVP do you track Minda corp and Minda indus, products of both companies appear good
ReplyDeleteMinda industries also seems to be very diversified auto ancillary stock
Not tracking
DeleteHi VP,
ReplyDeletePlease let me know your views on Hindustan Tin Works. Why is the stock undervalued? I find its growth is increasing and balance sheet is strong. Also I could find ppl saying in mmb page of HTW, "Worst is over for the stock". Is there anything really bad about the stock?
Thanks
Abhinav
If I know something bad before my posting I will not post the same as a BUY . If I am aware about something negative post recommendation , generally that will be updated here either through posting or comment.
DeleteI am new to your blog. Not sure whether this has been discussed before.
ReplyDeleteWhat is your view on Patels Airtemp?
Use the search option
DeleteBasant Agro - Seeds business was fantastic and Fertilizers is again dragging it down .
ReplyDeleteWhat's your view on the stock other than the demerger ??
Stock fell 10% after bad results and today it was locked 20%
I think ,de-merger of seed business is the best way to unlock value
DeleteSir,
ReplyDeleteCan you please share your view for long term on Forbes & Company. Listed only in BSE. Some analysts are very bullish on it. Pls reply if i should invest in it.
Thanks in advance.
DEar VP ...whn ur nxt GTS will come to ur BLOG as eagerly waiting for it , earning handsome from SKM which bought @ 100 where ur price was 65 may b .... bt still i'm very happy to hold it n aftr results ur blog updation in SKm ,,, i'm very strongly beleive that it will b one of the most amazing stock of 2015 n 2016 also
ReplyDeleteGOD bless U always
pl tell can v all hope for nxt GTS in this week or nxt week
Me hold tight n time frame for me untill u suggest for future in SKM
i wanna to add another 100 bt waiting for ur reply as i got my kitty in this weekend or nxt week
Salute to you sir
ReplyDeleteHow are you able to find such turnaround stocks ..
Alphageo SKM Avanti and the list goes on and on
Dear VP Sir,
ReplyDeleteIm holding BPL Ltd. I want to know your view on BPL ltd. for long term investment (2-3 yrs horizon).
Best Regards
VP sir, holding SAMKRG stock as prescribed by you. Hope no change in views. There is a mild fall since reco. Hope nothing to worry.
ReplyDeleteSir
DeletePls revert on this.
Thanks.
Dear VP Sir,
ReplyDeleteHaving filed 3rd qtr result by United Drilling Tools, what is your view on current stock valuation and still any steam is left for the future for next one year.