Sunday, May 31, 2015

RESULT UPDATES

ARROW COATED PRODUCTS  - suggested @ Rs.12 (  Link HERE)  currently trading around Rs.450 ,   reported Rs.48 Cr turnover and Rs.22 Cr net profit for FY 2014-15 on a consolidated basis . EPS is Rs.19. Company declared a dividend of Rs.2.5 per share.High  risk investors can still hold.

V2 RETAIL - Suggested @ Rs.14 ( CMP  Rs.33 reported  a topline of Rs.287  Cr ( last yesr Rs.229 Cr) and a net profit of Rs.9.75 Cr ( loss of Rs.4.5 in last year) .Full year   EPS is Rs.4.14. Company's value shopping e-commerce platform ( http://www.v2kart.com/) is expected to launch formally in near future .Suggesting to hold it 

Link HERE
 
IL& FS ENGINEERING   - suggested @ Rs.98 ( CMP  Rs.90)   reported Rs.2771 Cr turnover ( since company's last year result published for 18 months , it is not strictly  comparable with this year result)   .Company reported a loss of Rs.11 Cr ( last year Rs.145 Cr loss) for FY 2014-15. Though its last quarter result is lower compared with previous one , strongly suggesting to hold for long term. If there is any sharp  fall in stock price due to exit of short term players , long term investors may take it as an opportunity.

Link HERE

57 comments :

  1. Thanks Dear VP SIR. For Your invaluable feedback on Arrow Coated Products.

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  2. Hi Sir, we also waiting to hear your views on Liberty Shoes and Multibase results....holding since your recommendations..pls dont skip this time..

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    Replies
    1. Both stocks may consolidate around this level for a while .

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  3. SIr whats your view on Polyplex results they have declared Rs2.5 dividend also.
    Thank you

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  4. VP ji your views on microsec financials

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  5. Dear Sir,

    Thanks for your valuable thoughts on PFRL, which looks like a compelling buy. Just a question, which may look like a silly one.. Does the increasing tendency of indian people to buy on various e-commerce platforms, will it also effect the margins of companies like PFRL, as all ecommerce companies are selling the products at huge discount thus making loss. Regards....

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    Replies
    1. I don't think the people using brands like Allen Solly,Louis philippe.Van Huesen ..etc will easily change their preference for few bucks .

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  6. Dear VP,
    Please advise on Suzlon energy results.
    I'm long term passvive Investor w.r.t Sunpharma. Is that a good idea ? (Specially after Ranbaxy merger and recent results).. As Always .. Thanks a ton

    ReplyDelete
    Replies
    1. Need more time for a meaningful recovery in Suzlon

      In case of Sun Pharma , I believe it will resume its growth once business integration with Ranbaxy completed and solving some shoert term issues. Long term investors can go for an SIP route in this one.

      Delete
  7. Dear VP sir,
    Please provide your valuable input on the company Sree Rayalaseem Hi-Strength, it has given as very good results and I had identified this company while finding out the answer for the SKM GTS.. Incase, if you are not following this company, do you track anyother from this sector?
    Thanks
    Prabhu P

    ReplyDelete
    Replies
    1. Not tracking it strictly.It is in a commodity type business and one should enter and exit according to business cycle of the industry.

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  8. Dear sir, any change in your view on Superhouse Limited, after its Q4 results (Revenues: 168cr Mar'15 vs. 184cr Mar'14, and Net Profit: 5.24cr Mar'15 vs. 9.24cr Mar'14) ?

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  9. Dear VP ,
    On Standalone basis ILFS shows profir of Rs 2.67 Cr ( Last Year Loss of Rs 151 Cr) . It shows turnaround cases and company YOY basis achieved Profit in Standalone basis. Thought on Consolidated basis it loss was very minimal compared to Last year. Why such reaction in share fall today more than 12% and how much downside seems as per your analysis as company having good work order in hand.

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    Replies
    1. If we take 10 participants in market , at least 7 looking only for tomorrow or day after tomorrow , nothing beyond that .

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  10. Dear VP, did u had a chance to look on to the NITCO results. As per moneycontrol its 45 cr profit and the yoy loss has narrowed half. But i was not able to see the result as such in bse or nse. Was there any exceptional item for this huge profit or has the promoters really turned the corner....

    Thank you

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    Replies
    1. Only a speedy and proper implementation of CDR terms will save this company at this point

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  11. Please comment on results of Polyplex

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  12. sir your views on Nathbiogene results

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    Replies
    1. Generally March quarter result not robust for seed companies and Nath is not an exception. You should look for monsoon and take a call.

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  13. Your views on godavari drugs.

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    Replies
    1. Current valuation is not expensive . Wait for AR to get a clear picture about company's expansion plan and then take a call

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  14. Would like to know your updates on AIMCO and Godavari drugs following results. Thanks in advance!

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    Replies
    1. In case of Aimco , better to take a call once company finalised its fund raising plan and disclose the purpose of such a fund raising

      Godavari-commented above

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  15. Sir, do you think now Selan can be bought, if not holding before, around 240. It has fallen from 600+. Even if we do not bet on Crude price movement, would it be a good risk reward ratio from here considering long term view?

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    Replies
    1. It is a contra buy at this point for long term investors

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  16. Sir, What are your views on gujarat state fertilizers and chemicals?

    thanking in anticipation.

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  17. Hi VP sir,
    just a small doubt regarding SPAN DIAGNOSTICS':
    Saw the following announcement in BSE:

    Span Diagnostics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2015, inter alia, have considered and approve buyback of equity shares of the face value of Rs. 10 each of the Company not exceeding 25% of the paid up share capital at a price of Rs. 65/- per Equity Share through the "Tender Offer" route.

    What does this actually mean? From whom will they buy shares @ Rs.65/- if the share price at that time is more than that, say Rs.75/- per share?

    Is the news good for the company?

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    Replies
    1. Company directly buying from share holders , not from market.

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    2. Please give your views about nandan denim and nucleus software

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  18. Sir your view on result of Asian granito.

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  19. Dear VP, your take on Adani Ports post the AEL demerger almost similar story as Pantaloon but in diff sectors.

    Regards
    Naveen

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  20. Dear VP sir..
    Whats ur view about the recent market correction?
    Also kindly suggest me a banking or financial stock for long term..
    Is SBI a good bet after this massive fall??

    ReplyDelete
    Replies
    1. There is no wonder in recent fall. Corporate earnings were very bad in last quarter. In addition to that lot of negative factors happend/happening now. Untimely and confusing notices to FII's in case of MAT liability , inability to pass GST , possibility for a weak monsoon..etc are hurting market sentiment.So there is no meaming in buying any stock for quick gains and I expect market will move range bound with negative bias in near future ,But this is an opportunity for those looking for genuine long term investment and good stocks should be bought in an SIP mode ,The next few quarter;s may not good for compabies and thise buying stocks now should keep this fact in mind and should prepare our strategies accordingly

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  21. Hi VPji,
    I have one query regarding SKM egg products. SKM was doing good till 2010. Its OPM was even in the range of 30% in the year 2009. Immedeiately next year (2011), its OPM has become -2.9%. What is the reason for this abnormal behaviour?? If something of this sort has happened in the past means, it could happen in the future also?? Your view on this plz...
    Thanks in advance...

    Regards,
    chetan

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    Replies
    1. This is one question we discussed many times in the past . As per my understanding ,company was using third party lab for quality checking during that time and faced some quality issues which affected their export for few years. Later realising the mistake , company started own facilities and regained the lost ground .Business risk is associated with any company and how management tackling such situations decide the success or failure.

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  22. sir i am ur old follower...just gone through one of ur old recommendation APM industries.Please give some light on its current scenario for long term investmentt

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    Replies
    1. APM Industries suggested @ Rs.69 when its FV was Rs.10.Later company splitted its FV and issued shares in 5:1 ratio. Adjusted to this , at CMP Rs.45 , stock already multiplied by 3 times from suggested price. Neutral at CMP

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  23. Mic electronics corrected substationly post good results.from 13.90 to less than 11.Can it be accumulated for long term at this price?

    ReplyDelete
    Replies
    1. Already expressed my view on this stock post result.Please refer that posting.

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  24. Sir, what is you view on Moser baer and Arshiya International. Is it worth to buy at present price?

    ReplyDelete
    Replies
    1. Not tracking Moser Baer

      In case of Arshiya , we can't rule out a remote chance of turn around . But one should be aware about the risk and time period needed for gain while investing these type potential turn around cases. At the time of investing , many investors will claim as a 'Long Term ' investor and ready to take higher level of risk .But in reality , they will start to curse when market start to fall or turn around take some time to happen. I can give thousands of such responses I received in case of stocks like Pioneer Embroideries ..etc.

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  25. sir which would be a better investment dish tv or ufo moviez in the entertainment sector

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  26. Hi Sir, do you think any logistics stock like VRL or GATI can be added at current value for long term? are they worth enough to be a part of portfolio?

    ReplyDelete
    Replies
    1. Not tracking GATI

      VRL is a decent company but price is not cheap , look in corrections.

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  27. sir are u tracking gujarat themis biosyn....recently it has renewned contract with lupin

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  28. Hello VP Sir,thnk u for the excellent analysis on Pantaloon Fashion.Sir i wanted to ask you that currently the equity share base for this company is roughly 9.28 crore shares.But after the consolidation process is done ,this base will increase to roughly 77.28 crore shares.Could there be any negative effect on the share price after this dilusion?
    Thank you.
    Pratik.

    ReplyDelete
    Replies
    1. You are seeing only one side of the picture.We need not wait to build a business using the increased capital .It is coming with a proven successful business with many excellent brands and robust cash flow. When equity increasing on one side , a business of more than Rs.5000 Cr is coming to the company at the same time.

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