Monday, May 18, 2015

MIC ELECTRONICS - RESULT UPDATE

MIC Electronics posted better result. Full year result includes the income from sale of one subsidiary and also company not provided interest for certain loans . Even after deducting all these , company done well and reported a profit of Rs.5 Cr (approx) v/s a loss. Those with some risk appetite with long term view can consider even at current level.
Posted by VALUEPICK at 8:51 PM

29 comments :

  1. Arunkumar AMay 18, 2015 at 9:51 PM

    sir, whats ur view on wanbury? qtrly results seem improving, but what is the 'exceptional item' of -241Cr shown in Sept' 14 results..and though promoters have increased stake, they are increasingly pledging their shares. Is that the reason for the Book Value and Net worth of company becoming in Negative figures?

    Pls advice whether it is a Valuepick to buy it now??

    Thanx in advance.

    ReplyDelete
    Replies
    1. VALUEPICKMay 19, 2015 at 5:49 AM

      Result of Wanbury will be published only on 21st May. If you are talking about more than six months old September quarter result now , read foot notes of that result to find out the reason for exceptional item

      Delete
  2. jaishMay 18, 2015 at 10:18 PM

    The recommendations of VP are simply excellent. He has a long memory and dive deep into the details to cull out diamonds! Sure, MIC will be another feather in his cap.

    ReplyDelete
  3. jkdlsdvsdbvksdvMay 18, 2015 at 11:16 PM

    Hello Sir,

    Whats your view on MM forgings result,Can one still hold?

    Many thanks,
    Raj

    ReplyDelete
    Replies
    1. VALUEPICKMay 19, 2015 at 5:50 AM

      Nothing wrong in holding it m but don't expect same speed in growth percentage as base widended.

      Delete
  4. AnonymousMay 18, 2015 at 11:45 PM

    Sir can u pls share your view on marksans pharma and astra microwave?

    ReplyDelete
    Replies
    1. VALUEPICKMay 19, 2015 at 5:50 AM

      Already suggested to take out some profits from these stocks.

      Delete
  5. GauravMay 19, 2015 at 12:16 AM

    Your views on mm forging and salzer results? If possible, pl. post your views on results of other companies recommended by you.

    ReplyDelete
  6. amberMay 19, 2015 at 9:23 AM

    Hello, Sir what is your call on Virtual Global education?

    ReplyDelete
  7. Arunkumar AMay 19, 2015 at 2:28 PM

    Thanx VP sir. Saw the notes. I used to check the result in moneycontrol. Didnt know BSE site provides notes.

    After i started reading ur blog, i hav started studying and analysing companies more than before, thanx to you.

    Sir, i would also like your view on National Fertilisers Ltd (NFL). The company was performing bad for some time due to shutdown of two of its plants but has now started giving better results and the plants have started functioning again. Is it a good buy as it looks like its going to turn around ? Would like ur views..

    ReplyDelete
    Replies
    1. VALUEPICKMay 20, 2015 at 6:31 AM

      Not suggesting any fertiliser cos at present

      Delete
  8. S.SinghMay 19, 2015 at 8:16 PM

    Sir, Request your view on Radha Madhav Corp?

    ReplyDelete
  9. Victor JagarajaMay 19, 2015 at 9:14 PM

    Dear Sir,
    can we accumulate V2 retail at current level?
    Thanks

    ReplyDelete
    Replies
    1. VALUEPICKMay 20, 2015 at 6:52 AM

      Not aware of any negative for V2 since my last update on this stock

      Delete
  10. UnknownMay 19, 2015 at 9:41 PM

    Sir....your view about RICOH INDIA. ..its valuation n ur reco. plz

    ReplyDelete
  11. UnknownMay 19, 2015 at 10:53 PM

    Sir whats ur view on quarterly results of Mold Tek packaging?

    ReplyDelete
    Replies
    1. VALUEPICKMay 20, 2015 at 6:59 AM

      Though its topline was bit below expectation , company's profit almost doubled in March qtr. Company is going for expansion now using the funds its raised recently through QIP . Still suggesting to hold .

      Delete
  12. Irfan M.May 19, 2015 at 11:09 PM

    Hi, Sir, would like to know your view on HSIL. I am holding from 220 level. Results seems bad. Plz advice.

    ReplyDelete
    Replies
    1. VALUEPICKMay 20, 2015 at 7:01 AM

      Considering the overall situation of industry in which it is operating , result is not too bad.

      Delete
  13. BijuMay 20, 2015 at 12:16 AM

    VP Sir

    Request your views on Samkrg Pistons?

    ReplyDelete
  14. UnknownMay 20, 2015 at 2:37 PM

    Dear VP,

    How can the dividend issual from SKM affect the stock price. Is it a good news or otherwise.? Wouldn't it had been a good idea to close the debts instead of Dividends.? Can you throw some light on the same.

    Good day,
    Darshan S.

    ReplyDelete
  15. Vivek KumarMay 20, 2015 at 4:14 PM

    Sir, Is this downfall in SKM is good time to enter??? I want to invest for 5 years expecting to triple from here. Is my expectation too much? ...pls suggest.thanks

    ReplyDelete
  16. Rohit ShahMay 20, 2015 at 6:32 PM

    anything view on Istreet network

    ReplyDelete
  17. UnknownMay 21, 2015 at 1:37 PM

    is it right time to buy welspun india and suryalata spng? as i am still holding vidhi ...

    ReplyDelete

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