Monday, June 29, 2015

MIC ELECTRONICS - BUSINESS UPDATE

MIC Electronics Ltd has informed BSE that:

"MIC Electronics Limited as a Lead Bidder in consortium with M/s. Kiran Impex Pvt Ltd., Hyderabad participated in a tender bearing No. EESL/06/2015-16/SL-RAJ/0512030 dated May 06, 2015 floated by M/s. Energy Efficiency Services Limited for "Design, Manufacture, Supply, Testing, Installation (Retrofit), Commissioning and 7 years Warranty of LED Streetlights and Other Related Works under 8 Municipalities of Rajasthan State, for seven clusters for a total quantity of 3,19,145 LED street lights. Out of seven clusters, we stood L1 (1st lowest bidder position) for five clusters and stood L2 (2nd lowest bidder position) for two clusters."

LINK 
Posted by VALUEPICK at 4:38 PM

67 comments :

  1. Guru ChaitanyaJune 29, 2015 at 9:41 PM

    Sir, What is your opinion about "Future Consumer Enterprise"?

    ReplyDelete
  2. PankyJune 29, 2015 at 10:16 PM

    VP Sir
    Your views on Ramky infra at current prices?
    Thanks

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:20 PM

      Company taking lot of efforts to come out of debt trap . May succeed in long term

      Delete
  3. UnknownJune 30, 2015 at 10:30 AM

    Sir, is ur past recommendation DHP India attractive at current prices (Rs. 115)?

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:21 PM

      I think , this stock suggested at attractive level ie,Rs.41 , not now

      Delete
  4. UnknownJune 30, 2015 at 11:26 AM

    Thank you Value Pick for identifying this stock at right time.....

    ReplyDelete
  5. UnknownJune 30, 2015 at 5:19 PM

    Sirji plz give ur views on the following companies:
    - Future Consumer Enterprise
    - Anant Raj
    - Orient Cement

    ReplyDelete
  6. UnknownJune 30, 2015 at 8:44 PM

    Your views on Castrol India, Lanco infratech , Auto Corp Goa sir ??... Thank u ...

    ReplyDelete
  7. Dhananjay BaranwalJune 30, 2015 at 10:14 PM

    Mic has started to walk.It is really a turnaround story.Ready to fly.By the way sir I would like to read your comment on SKS Micro and Praj industry.
    Thanks and regard

    ReplyDelete
  8. UnknownJuly 1, 2015 at 12:42 AM

    Sir I missed on your previous recommendations. Can I buy SamKrg Pistons, Patels Airtemp, And Schinieder at CMP? Thanks and regards

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:23 PM

      Not aware of any company specific negatives happened to these after recommendation .

      Delete
  9. DKSONIJuly 1, 2015 at 12:46 AM

    Sir , Your views on Polyplex.I have invested on your say , after due diligence of management,the stock is running near 53 week low. Purchase at 255. I can hold for 3 years.

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:24 PM

      Please sell everything you bought on ' my say' and hold wherever you have conviction.

      Delete
  10. UnknownJuly 1, 2015 at 2:25 AM

    Sir, Your views on Deccan Gold mines please ?

    ReplyDelete
  11. PhaniJuly 1, 2015 at 6:03 AM

    Vp sir
    Plz advice me on ramco systems, palred , talwakers
    Thankyou

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:26 PM

      Not tracking first two , talwalker is already suggested one @ Rs.162

      Delete
  12. SuneelkumarJuly 1, 2015 at 9:03 AM

    Awesome pick and hatts off to your stock picking skills and for your knowledge and I appreciate you for helping people, God bless you !!!!!!!!!!!!!!

    ReplyDelete
  13. SKVJuly 1, 2015 at 11:44 AM

    Your view on Mafatlal industries ?

    ReplyDelete
  14. UnknownJuly 1, 2015 at 11:58 AM

    Hi VP sir where can I find your MBB and other links where you give recommendations and share your views. As I have started following you quite late I missed your earlier reco.Off late you have not been too active as seen earlier. I am missing your advise pls support.
    Thanks

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:29 PM

      http://mmb.moneycontrol.com/india/messageboardblog/boarders/76616c75657069636b

      Delete
  15. UnknownJuly 1, 2015 at 1:10 PM

    Dear VP, a late discoverer of your blog, question might sound silly after 15x appreciation on one of your old reco but can a fresh entry be made in Marksans Pharma?

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:31 PM

      It is not a cheap stock at present , market cap crossed Rs.2700 Cr mark.

      Delete
  16. PraksJuly 1, 2015 at 1:55 PM

    Your views on one of old recommendation on which you asked to book profit/loss that is Himalaya International considering it has fallen quite a lot please let me know whats ur current view on it

    ReplyDelete
  17. UnknownJuly 1, 2015 at 3:08 PM

    Dear VP, What is your view on Nitco Limited? Previously you recommended to buy Nitco. Much appreciated your advise.

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:35 PM

      Depends on the success of debt reduction , on which they are working .

      Delete
  18. VDJuly 1, 2015 at 3:17 PM

    Sir, can mic now b bought at current levels?

    ReplyDelete
    Replies
    1. VALUEPICKJuly 1, 2015 at 4:33 PM

      It depends on your risk taking capacity . Events are unfolding , as expected and explained , when this stock was below Rs.5 .

      Delete
  19. Praveen RaoJuly 2, 2015 at 12:44 AM

    Hi VP, Please suggest if VLS finance is good to buy?

    ReplyDelete
  20. UnknownJuly 2, 2015 at 6:41 AM

    What is your view on cupid Ltd

    ReplyDelete
    Replies
    1. VALUEPICKJuly 2, 2015 at 7:55 PM

      Recent order of Rs.100 + Crore giving good visibility

      Delete
  21. SathiyaJuly 2, 2015 at 10:43 AM

    Sir, As the Government has Unfolded its digital India Plan, Your views on Aksh Optifiber one of your previous recommendations. Do you have any other stock in your mind with this news.

    Thanks
    Sathiya

    ReplyDelete
  22. UnknownJuly 2, 2015 at 1:53 PM

    Sir, Can you please provide your views on Freshtrop fruits

    ReplyDelete
  23. UnknownJuly 2, 2015 at 2:43 PM

    DearVP Sir
    Please share your valuable views on subex?As without your views i am competely blind .

    ReplyDelete
  24. RangaJuly 2, 2015 at 4:16 PM

    Sir, DId you see the following Research on packages...Your pick Essel seem to be a great bet
    .http://www.prnewswire.com/news-releases/global-tube-packaging-market-trends--forecasts-2015-2020-with-essel-propack-sonoco-huhtamaki-oyj--amcor-dominating-the-86-billion-market-300097940.html

    ReplyDelete
  25. anujcoolJuly 2, 2015 at 6:33 PM

    Sir

    Kindly give your views on below 3 stocks
    1) J.B Chemials
    2) Jenburkt Pharma
    3) Caplin point

    Thanks
    Anuj

    ReplyDelete
    Replies
    1. VALUEPICKJuly 2, 2015 at 8:04 PM

      Not strictly tracking JB, for the rest - use search option

      Delete
    2. UnknownJuly 4, 2015 at 7:44 AM

      use the following link

      http://www.searchblogspot.com/

      Put the search phrase along with " value-pick.blogspot.in " as below in the search window

      Eg : Reliance+value-pick.blogspot.in

      Delete
  26. mayurJuly 2, 2015 at 6:36 PM

    VP ji, do you think which company can be more benefited from Digital India program specially in Fiber Optics sector - Aksh Optifiber or Sterlite tech? or any other?

    ReplyDelete
    Replies
    1. VALUEPICKJuly 2, 2015 at 8:03 PM

      Optical Fibre sector is expected to benefit in general in case of business volume , their profitability depends on other factors like raw material cost ..etc .

      E-Governence companies like ABM Knowledgeware ( CMP Rs.232 which earlier recommend @ Rs.45 , link below ) and Tera Software ( CMP Rs.32) ..etc may benefit due to this initiative

      http://value-picks.blogspot.in/2010/03/abm-knowledgeware-ltd-opportunities.html

      Delete
  27. Ankit ShahJuly 3, 2015 at 12:32 PM

    Dear Sir, Mazda Ltd, a company similar to Patels Airtemp, has a similar turnover but a market cap which is double of Patels Airtemp. What could be the rationale behind this ? And can we expect even Patels Airtemp to double in the future ?

    ReplyDelete
    Replies
    1. VALUEPICKJuly 4, 2015 at 7:14 AM

      Mazda ia company I already suggested here @ Rs.98 which is currently trading around Rs.310 .

      http://value-picks.blogspot.in/2010/03/mazda-ltd-another-value-pick.html

      The P/E of both Mazda and Patels are in the same range now.

      Delete
  28. UnknownJuly 3, 2015 at 4:08 PM

    sir,your view on Binani Industries Ltd.

    ReplyDelete
  29. UnknownJuly 3, 2015 at 5:10 PM

    Sir,
    Whats your suggestion in GeeCee ventures?

    ReplyDelete
  30. AnuvaJuly 3, 2015 at 8:01 PM

    Sir,

    MIC is on fly...thanks for identifying gem. You view on ABG Shipyard and it's latest developments on stake sale.
    please provide your inputs. I have posted twice previously, but no reply from you. Please reply.

    ReplyDelete
  31. Arvind Kumar JainJuly 5, 2015 at 4:10 PM

    Sir Good afternoon. I am monitoring MIC since the time u suggested@Rs 5/- I could buy @9.50/-. One more share you suggested iz TCPL Packaging@350/- with having patience. It is now almost 550/- within 6
    -8 months. Plz share your views @CMP

    ReplyDelete
  32. UnknownJuly 6, 2015 at 7:55 PM

    Sir
    I have purchased Pioneer embroidries at 22 rs and snowman at 83 rs
    What is your view on these stocks for one year holding period

    ReplyDelete
  33. anitaJuly 9, 2015 at 12:53 PM

    sir your viwes on bal pharma and bafna pharma

    ReplyDelete
  34. UnknownJuly 11, 2015 at 12:31 PM

    RESPECTED SIR
    I HAVE BOUGHT MIC ELECTRONIC SHARES AT RS 8.90(AVG)
    NOW I AM CONFUSE WHAT SHOULD I HAVE TO DO AT THIS LEVEL. BUY MORE OR BOOK PROFIT.
    PLEASE GIVE ME YOUR SUGGASATION.

    ReplyDelete
  35. UnknownJuly 13, 2015 at 11:01 AM

    Dear VP,

    MIC has been on lower circuit in last 2 sessions, do you recommend to hold this for long term or book profit & exit

    ReplyDelete
  36. Stock Advisory 89July 14, 2015 at 4:09 PM

    Sir,
    Any negatives related to mic electronics ?

    ReplyDelete
    Replies
    1. ArunAugust 21, 2015 at 10:59 PM

      MIC has changed their reporting dates 3 times in last 3 years. March, June and September. Big red flag. Also last 2 quarters have seen PAT margins of 15-30%. How is this possible in a sector that is known for low margin and high volume. MIC is cheating investors.

      Delete
    2. VALUEPICKAugust 22, 2015 at 4:34 PM

      No one is compelling you to buy MIC , if you have no faith just skip it ,that's all.

      Delete
  37. ManishJuly 16, 2015 at 9:05 PM

    Dear sir,
    your views on marksan and granules.

    ReplyDelete

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