Congratulations to all the Orient Beverages’s investors who have more than quadrupled their money in less than four months. Best of Luck with your investment and God bless all.
As per the Sep’14 results for Wanbury, the notes mention that an amount of INR 189 cr is recoverable from all the subsidiaries, of which an amount of INR 52 cr has been provided for in the Sep books, being permanent diminution value of investments. However the cost which has been shown as exceptional items amounts to INR 241 cr which appears to be the losses from the foreign subsidiary. Not sure, if am reading this correctly, however does it mean, we can expect more losses to be written off in the Dec’14 quarter? Can you advice?
both 52 and 189cr has been provided for and therefore, the total exceptional is 241..
Do you expect more losses to come in Dec’14, in case the losses are to be amortised over a period of time?
i wont matter what i am expecting…what matters is what company plans to do although i wont mind them cleaning up their balance sheet once and for all… it helps in the long run
Of course. One last question, what’s your take on increase in encumbered shares by the promoters (from 8% to 61% based on promoters shareholding). Of the total promoter shareholding of 49%, approx 34% is pledged at Sep’14, as compared to only 4% at Jun’14)?
although i dont mind a bit of pledging but when there’s too much of debt and the price is going down then its obviously a worry.
Just a suggestion, like giving updates like “Orient Beverages – Four Times In Four Months”, you can also updates like “Cybertech – Half in one month”, “Wanbury-Half in three months”, etc. What do you think?
what i think is that you are a sweet person but you need to work on your math. cybertech is 20% down… not half, wanbury is 17% down not half and wanbury was up 15% then why you did not sell? you knew the risks right Also, in stocks if you are not interested in holding and you buy without researching you get frustrated…. conviction is not just a word
To avoid any stress, one should never invest more than 5% of total capital in a stock. Most of the stocks recommended by Ace sir have done very well. We should commend him for his analysis!
Hater gonna hate
Orient Bevarages was a good pick ACE. But we all missed out as it was in periodic call auction for a long period of time.
Though it was available at 123 levels on Diwali Mahurat day, but I thought it has risen too much and didn’t buy!! I instead bought Wanbury on Mahurat day. Life is cruel!!!
“The bitterest tears shed over graves are for words left unsaid and deeds left undone.”
actually it was even available at around 97…one of the blog readers had even posted it.
aceji- can I hold orientbev,today promoter sold few,what do u think?
actually ir-respective of selling i think for the moment the stock is fairlyvalued so yes..
sir plz give ur insight on Dutron polymers @ 35 …i found its a consistent dividendpaying co since 10-12 yrs with growth.good promoter holding & also continuosly increasing results are good.Most importantly the falling crude price will benefit in coming quarter results.i think valuation at cmp is somewht higher.hence ur view required.
i think there are much better options available .. i am not comfortable with the operating margins and the volume in the stock…
Sir from Chemicals space your views on
1) Sudarshan Chemicals
2) oriental carbon and Chemicals
i would be careful in this sector…although both are decent names in the sector
R u Suggesting Not to invest in Chemical Sector but i think after China Shutting down on chemical export i think nxt 5 years are good for this sector. sir please select one company..
i would refrain from it for the moment as the product prices have also crashed..let things stabalize a bit…
Your views on Bal Pharma at CMP..
already replied on it sam.
whats your views on SAIL OFS sale, How to apply for OFS sale.
you should ask your broker how to apply but normally you can easily apply as you do for IPO
Sir your views required on “Mindteck, Dynemic Products, Ngl Fine-Chem & Indraprastha Medical!
Please do reply for all of them.
already replied on “all” of them on the blog, kindly search
There is no option to search, Please help me and repeat!
kindly use google if wordpress not working
its really surprise to see that Prima is still being ignored when its avaialble at dirt cheap valuation whereas nilkamal n wimplast are flying high everyday with premium……anyways..sooner or later..patience will pay the rewards……
Need your advice for Monte Carlo IPO,whether to subscribe or not?
already said, not too enthused my it.
Ace Sir, Considerable decline in sellers volume. Any hope of reverse ?
not only decline in seller’s volume but also increase in traded volumes…actually now there would be some people who will start seeing value in it as promoters converted warrants at 37.5 and now its below it…
Sir, do you think there is still some steam left in Marico Kaya after recent runup?
dont look at marico kaya as a short term bet..
Hi Ace…what are your views on Trigyn Technologies?
not too bright… better bets available in the market
Ace ji, your view on shreyas shipping. Can i venture freshly at CMP ?
not confident at these leves…
I like Simmonds and was doing bit of leg work.
It seem promoters allotted 14 lac (10 paid) shares on preferential shares to themselves in 2010-11.
I could not find the price and motive. Though Balance Sheet suggests the price was 25 around.
My basic query is ” Is the management quality decent”. Hope they are not market operators who wake up in good times milk the investors and then again go in a slumber.
Otherwise 30 RoE and sub 10 PE for a growing company from auto sector can be a v good opportunity.
I have Suprajit bought at low levels and I am contemplating switching the two.
Thanks for all the hard work that you put in for us.
vivek, the promoters are not crooked…these guys are very cash rich … it is one of the most respected and well known business families of Pune. And y es its a great bet too.
Sir, your view about sterling biotech
dont like it
sir please your onmarksonspharma
dont like it at these valuations
Hi Ace , today sintex was up 6% with huge volumes..your views on the future ahead? I know you like sintex
you already know my views 🙂 … but one should also look at prima for the same reason and also prima is much better …balance sheet also much better…but yes sintex is decent too
Oh man…i’m heavily invested in prima, cybertech, wanbury and cupid….having a good time with triton, sintex and dynemic and few others..though i’m averaging every stock at declines…i’m wating for wanbury’s next quarter results to take a call further…
Would appreciate if you share if you hear from management..
Ace ji Your view on Mangalore chemical and fertilizers (MCFL). It is part of UB group, Zuari group gave open offer to acquire share. I hope the worst over for this stock. Can i venture at CMP. Please guide me on this. Am i missing something ?.
looks like worst is over…but not confident about it
Ace can you shed light why not confident, so i can learn more… thanks in advance.
lot has gone in the price with the hopes of just takeover, no change in underlying fundamentals…so even if the business is decent the price may not
Ace your view on Greaves cotton pls? Thanks
When is your next NTG (Name The Gem) coming? Last one was good exercise.
Yup, have been waiting for it eagerly!
Hi aceji what’s your views on epc industries
micro irrigation is a dicey business although attractive..
hi ace. thinking to buy shilp Gravures before that thought to know your view please. thanks
i wish the earnings were a little more predictable there.
Ace, do u think falling of crude prices would be a beneficial for company like Liberty Shoes…i mean.. would there be any savings likely in raw materials used for leather/plastic souls..
plastic souls, shoes are not there as far i know from liberty, but cost savings could come from falling rubber prices.. but biggest kicker would come from their group consolidation
Cybertech par bhi update do ace kitna time badha he
cybertech is down 20% from recommended price, wanbury is down 23% … had updated that in the comments yesterday, but i see the “spirit” behind the comment… its not even one month and you expect it to double. Have some patience, we’ll see what happens in a few quarters to these companies… God Bless….
I understand it takes time BUT you have slogan “Let’s Compound Money….Faster !!!”
SO you can’t blame small investors for asking on fall of the stock in few weeks.
You said in your earlier comments, that some stock recommended are better then others and one can make money faster and pointed out to your slogan.
What you want to say now? Short cut in market is always dangerous.
that’s your opinion, lets see in a couple of years what kind of returns we get from these, when people like you have already written them off. I like such challenges. Also, fast for you means trading but for me means atleast a couple of years. Even my trading bets are few quarters long. And no i am not blaming anyone, its actually the other way round. What does “fast’ mean for you ? Shortcut is not dangerous but sucidal in not only stock markets but every sphere of life where your own hard work is irr-replacable. God Bless
Any views on Manaksia – demerging their business into 4 different entities…
no view…generally its dicey because of the ratio….its better to wait for them to demerge..
Dear Ace Good Evening.
Thinking to buy Texmo Pipes.
Fall in crude prices led to reduction in prices of polyvinyl chloride (PVC) and high-density polyethylene (HDPE) products to the tune of 15-20%
Like to know your view please.
dont like the company.
Do you like international Travel house? Your view pls. Thanks
Hi Ace.. Have you gone through the SEBi rules regarding stock recommendations in public effective Dec 1? So we don’t receive any more recommednations here?
this blog is SEBI (RA regulation) compliant as mentioned upteen number of times… the recommendations would continue to come.
Thanks a lot sir. We all would feel relieved. Your opinion on stocks matters everybody. But when I have gone through the guidelines, your liberty shoes second recommendation that it will double(meaning a price target attached for atleast 12 months) actually should contain the graph of past 3 three year closing prices attached (sec 20(3)). Hope you will take care of such small things in future. We do not want you to be punished by SEBi for making recommendations to us.
Was the liberty shoes reco published after 1st December? And no, SEBI does not punishes for “format” … they have better things to worry about. The intent behind these guidelines is to take a crack at people who double time the investors by recommending something and doing exactly opposite in the trades.
What are your views on jbm auto.can i enter at cmp???
its decent at declines
recently I asked u about bengal and assam…It has blast from 500 to 625 within 4 days…what is your view on Williamson Magor…it is trading damn cheap….total land bank and holding in eveready and mcleod Russel comes at nearly 1000 crores..it’s mcap is just 78 crores…what is your view…
sorry dont track
thanks for great picks like these
I have big holding in prima….looking at the price movement I feel some big hni ( may be dolly khanna) is buying continuously bcoz u can clearly see the bids and no retail investors can buy like this…and second thing I think most retailers bought or exited the stock…good time is coming…what’s your view…
all i know is that its a great stock…and we would be hugely rewarding in coming years
Please comment on Aries Agro…is it a buy at CMP…?
decent at declines
What’s your opinion on Redington india? Seems like MF and some big investors are entering this scrip.
sorry, dont like it much..
Good Morning ACE.
Have a nice and relaxd weekend…
Thanks, you too.
When do you plan to post your new pick? Also your opinion on VIP industries pls.
probably in the coming week. vip is a decent pick
Thanks bro. Looking forward to your next pick, will it be another Guess the stock or normal blog update? Hopefully it will be revealed during market hours. Thanks for all your efforts. Cheers
with the kind of requests i have got i am working on the lines of name the gem… and yes it would be broken in the market hours this time
Excellent idea Sirji. Looking forward to it.
Very bright n relax week end!
I have MPS for long term n think gradually this is being matured, can i have same hope of return from Ambica cotton,because quality business n quality profit indicates like MPS,although % of NP of MPS is much higher..but feel enthusiastic in Ambika also..Ur comment please…
ambika is a very good stock and have faith that they can tackle both upturn and downturn in cotton cycles very well. stable compounding stock IMHO.
Hi Ace Pls share your views on Tide Water Oil, do you think it is at its fair value right now or it can go up more? Its current P/E is 11 whereas industry P/E is around 44.
its a nice company no doubt… i like it a lot
Sir can pls suggest one best in all aspect a company from agro sector. Thanks
there’s nothing like best .. your best may not be my best and vice-versa…also as people normally know on this blog, i dont take sector specific bets too much….
hello ace sir,
pl share your views about ybrant digital.
pl share your views about ybrant digital. i bought it @63.should i hold it for long term or sell?
already replied multiple times that i dont like this at these valuations.
What are your views on Astra microwave products?? The interesting points i found here are enormous opportunity size, no other established players here, government stance towards indigenous development, their balance sheet strength and also recently dependency on defense lab is reducing; they are increasing the exports…Pls share your views. Thanks in advance..:)
yes, its a decent company overall…
Is Ashiana Housing a good scrip to buy?
for long term yes
Ace, what do you think about flex foods? Looks like a good consistent growth. Thanks
not confident about it because of the group it belongs to….but not writing it off.
Ace, can one buy more V2 as it has corrected somewhat recently.
its just correct 10%…around 40 you can try adding
I am researching on following stocks
1) websol energy
2) kilpest India
Aceji if you have any views please suggest. I also request if any reader have any valuable input please comment. Let’s learn together
Already replied about website. Kilpest has been unable to scale it’s diagnostic business which is bad therefore till that happens no point
I think in your Liberty EPS calculation (regarding merger of group companies) you have not taken expansion of Equity into account.
There is no expansion of paid up equity so no Eps dilution
Ace, what is your view on Diamines chemicals….
not very positive at the moment
What is ur view on TV today network at cmp for long term ?
at declines its decent
what’s your view on Bilcare? Once darling of the market.
dont like it as of now
Try RMCL instead Bilcare
Ace ji your view on Sanghi industries please
already replied multiple times
Please comment on Usher Agro ? Is it a value buy @ CMP
not confident as of now
Sir is it correct time for average wanburry or wait for some more correction?
let it stabalize a bit… you need to be patient on this one..
Hi Ace, Don’t you think the NPM for Prima plastic is very less and also the cash from operations does not look good either.
NPM is around 7.3%….its good… cash from operations is “relatively” less but we know the reasons right…. for instance ACP is in losses, inspite that its generating decent cash, so moving forward it would improve dramatically…
What steps company is taking to improve npm n ACP losses…?
have you read the AR, its very clearly written there…. also the losses have started reducing now, if you see the quarter’s results
whats is your viewon Brook labs ???
dont like it….lumpy earnings
Hello Ace Ji, Kindly let me know your views on Archies Limited. Thanks in adv.
an average stock IMHO. let see how their online plans pay off
what are your view on INDSIL hydro?
not sure as of now…
Hi Ace, what is your view on Radha Madhav Corp. Ltd.? Looks like a good pick from packaging industry.
already commented on it
Sir what is ur view on SQS INDIA ????
Hi ace, Post wanbury’s results for the latest quarter, do you have any questions for the management and if yes, what
did not understand the rationale behind it. why you worried about my questions?
When will be your new idea posted?
Waiting for it.
Kindly give ur view on Pidilite Ind.
very soon…pidilite is wonderful ..
Ace, this new pick, would it be part of the exercise? Would be excellent if it is!!
Ace, whats ur view or insight on MCLEOD ?
its a decent stock but prone to weather risk, so just be a little vigilant on that front.
hi Ace, i want to know your view on ANIL ltd, pioneer in starch wet milling.. available at 5 p/e vs industry p/e of 35. consistent growth in net profit and sales from 2005. can we bet on this for long term?
already replied in earlier post…go through that before takign decision.
Would your new idea be like Cybertech/Wanbury or condom oriented like Cupid which will cover many things?
sorry, did not understand what you want to say..
So Ace Sir,
Wanbury has taken U turn, your views
my views are same as usual…it didnt change when the stock was going down and obviously wont change now.
Prima is rocking and wanburry is taking U turn .
All sellers are absorbed in wanburry .
Regarding Liberty(Expansion of Equity)
Other companies are privately held by promoters.
I think new shares will have to be issued or they will have to be bought.
Sir, am I missing something.
yes, you are missing reading the scheme of arrangement 🙂 …God Bless
sir what’s your view on basant agro
not very keen on this at the moment
any view on ITC?
yes, very positive..also i hope they demerge their businesses for value unlocking…
thanks for your quick response, but why do you think they are not de-merging their business
see, their tobacco business is a cash churner and they are using this cash to fund their FMCG aspirations so until and unless FMCG stabalizes and starts churning cash too, they wont de-merge i beleive.
so could that be the reason that kaya was de-merged, after so many years of losses only after it started making profits??
IMHO bingo 🙂 … also just see the kind of re-rating even marico underwent after the de-merge…now they can use their own cash for their own business.
great..thank you sir for this education
Please share your views about “R systems international”
its a decent stock
Hi Ace…I know you have answered…JBM Auto and RS Software…both had great runs…do you think we should hold it for long run…I know the results were not what street expected…but I believe that have lots of steam left…I know conviction is what all is required…but your comments will certainly help…
fresh entry i dont think is advised in jbm atleast, would hugely prefer simmonds over jbm. for rs software its a decent stock if you already hold it. its gone up way too much so consolidating a bit…fundamentally nothing bad in rs …jbm i would prefer simmonds..
Thanks a lot for your views. I will hold to what I have. Appreciate your morale boosting comments.
Hi Ace…do you find kopran good at cmp with a long term vision?
although i dont track it actively as of now, at declines it could be thought of but for very long time
very long time ? Do u think its more than 2 years?
2 yrs is not a very long time 🙂 ….
Ace Sir, What is reason for market fall today
purely technical,nothing worrying… also lets not forget markets were facing big resistance so a bit of decline could come…lets see if its a consolidation or a start of correction…
sir you said you like dynemic, today it has crashed 8% probably due to weak markets.
available at cheap valuations and no major competitor in food colour listed, should we buy this?
i dont think so.
Sir is it not good, i was searching and found you said it is a good stock to buy… now you are saying dont think so?
i dont think so was reply to the entire question, not just the stock…the stock on standalone is good but read your entire question you’ll understand my answer.
sreyasi, pls dont copy paste from other blogs. copyright issues. also, we dont discuss other blogs on this blog. please refrain from that.
Dye stuff food the competitor for dynemic products. is Dye stuff food a good stock to buy?. the compnay has increased its sales drastically and good growth. good dividend yield.
sorry, your question is little confusing…what exactly are you asking sir?
sir, vidhi dyestuff food is also in the food color bussiness.
company is doing good. sales an profit are better than dynemic products.
is it a good stock to buy?
dynemic i have already replied.
sir. not dynemic company sir,
i am asking about vidhi dyestuff
vidhi is a very high quality company
thank u sir.
is infosys good for a buy at these levels?
at declines… the sale had happened at market discount so probably it might decline a bit
Thanks a lot for answering our querries,
If Nifty starts corrections, where is bottom?
too early to say that but 8225-8300 is very strong support but would it go down to that levels also is another question..
Regarding Liberty Shoes(Expansion of Equity)
The moneycontrol report on 28 Aug 2014 says “The payment will be made through allotment of shares to the partners”.
Sir, has the company spelt out he modus operandi any where which we can refer to.
AR 12-13 does not have the required detail. It is just a passing reference.
I am interested in Liberty but would like to have clearer picture before I buy.
Please pardon my repeated questions.
Thanks in advance.
no problem with volume of questions buddy. but did you get a chance to go through scheme of arrangement or not?
Does the fall in crude prices have positive impact on Cupid in terms of lower cost of raw material?
not directly, but indirectly yes.
dear ace ji, whats your view on national plastic its business is quite similar to prima plastic but there is some debt on its books
already replied on this earlier, that i dont like it also prima is way better than this.
Will tomorrow be the day when you put your new pick, i know you said it would be between market hours.
pick would come at market hours, but today i will post the Name-The-Gem. The name itself would be given in market hours, whenever that happens.
Dear ACE.. Good Evening..
Eagerly waiting for the Name-The-Gem Puzzle.
It’s time to say that Prima has recovered all its losses and its trending up. Hope all those screaming for a month will be happy now. Anyways I haven’t entered into Prima. Just looking for the right time to enter Waterbase. Looks like the secretary resignation was the cause for the correction of 50% form its peak. Are you aware of any news for Waterbase.
yes wanbury is in losses, yes cybertech is in losses, but prima, prima was “never” in losses. so its just wrong to say that prima has recovered its losses as there were no losses ever.
Hi…is it the right time to re-enter into cupid…also , when do you expect Cybertech to cover its losses?
let the stock consolidate. also, the losses are only notional until and unless you have exited the stock.
yup you are right…but still its(Cybertech) fallen around 20 rupees from my buy price..so wanted to get a time frame nthng else…also if possible…do let us know when it will be ok to enter in cupid…
ok, i expect the stock to turnaround by next quarter and also the stock is pretty cheap at the current valuations..any positive news can catapult the stock to another orbit. also, try to decipher the hints that i am going to post in the next post. thats a great company that we would be getting.
I am still new at it…but will try my best
its going to fun 🙂 and probably would also give you a jump start at researching… dont worry just enjoy…
Ace Sir, I have stuck in Jaiprakash Power Ventures and GMR (40% less to my buy price) should I hold or sell?
oh…unfortunately i dont like both the stocks at all. Very bad businesses and coupled with huge debt trap.
Ace Sir, I have stuck in Jaiprakash Power Ventures & GMR (present price 40% to my purchase price). Should I sell or to hold?
I have earned handsomely in cupid..sold at average of 50…….I like to enter again bcoz now it is looking good although it has ended in lc…my main concern in cupid is they have not got order from Who which was renewed in October…stock is seeing pressure and if they get this order in sometime then the stock vl flyyyyyyy…what’s your view…
yes, lets hope there’s a renewal soon
When are you posting your next.
hi sir any news on tcs?
nothing that i know of
Is it right time to get in cupid?
as mentioned earlier, lets wait for a new order to enter if at all.
Dear Sir, surprisingly nobody is talking about the revival of your reco prima plastics.. congratulations sir.. thank u for helping me make money.. Sir, just one doubt.. as you are a maestro in technicals as well, what is your take at the current levels.. Do u see further upmove or shall I book profit and exit.. your advice would be highly appreciated.. 🙂
see, i normally have a long view so cannot say about it. but if you are interested take profits..but i beleive the upmove is just starting and it has a long long way to go but obvoiusly this doesnt happen overnight.. if few quarters we would be happily surprised with prima.
thank u for ur response.. congrats once again! 🙂
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