Congratulations to all the FreshTrop Fruits’s investors who have more than tripled their money in four months. Best of Luck with your investment and God bless all.
Its travel to 200.,!!!
Q4 and Q1 are the best quarters for Freshtrop, so next 6 months should see some upside…lets see how they perform.
Thanks Ace, Can i add more at this price
see, if you can get around 5-10% decline… i had asked people to buy the stock around 3-4 days back in the comments…but still the price is not high…a bit of decline it should be added
Sir, Oct-Nov-Dec qtr for Freshtrop is usually the worst amongst all other quarters. If they post a loss this quarter how do you see if affecting the scrip? Thanks
q2 and q3 both are bad but last quarter they confirmed the turnaround. also unconfirmed reports also saying that they are doing some fruits exports in dec quarter..if that is true we will get stellar results this quarter, but please get this clarified first
yes ace, it could be true…i just now read an article stating the export of grapes started 1 month before in november and december itself,which means we should see the spill in this quarter a profit of say 1 plus cr…also 2 very important news could propel the stock price skyhigh 1.US accepting import of Indian grapes 2. lifting of alphonso ban…..500rs and nothing less!!!
Excellent Ace!!Though have no holding in FF.
I am holding Can Fin Homes from 247 level. It recently declared rights issue of 3:10. I want to know that if I skip the rights, would I loose much? Sorry for my ignorance. Please comment.
not sure what exactly you mean by loosing but if you want to increase your holding in can fin then rights issue is good else skip it
What I mean by that if I skip, would my equity would get diluted post rights issue?
your equity is not diluted, its the “company” paid up equity capital that gets diluted. it would help you to google a bit
What’s your view on fresh buying of Poddar Developers at CMP for next 3 years? I was tracking it from 500 level and always wanted to buy at moderate declines which didn’t come. Now post the news of Prof Sanjay Bakshi’s entrance in the last quarter, this flew like rocket. Please comment.
i would think so…
Sorry Ace, didn’t get you. Did you mean even I enter at CMP, it’s a good bet for next 3 years?
i think so though its pretty neatly priced so you should be able to take some downside in your stride if you get it
ACE wats ur view on MT educare VS carreer point
in all aspects MT seems better, but market favouring carreer
ofcourse you are right and i share the same views. infact a few days back i did reply to a questions related to education stocks where i gave my ranked based choices in the education stocks.
V2 moving up again 🙂
as expected isnt it 🙂
absolutely… feeling at peace again! 🙂
ha ha ha….
check out V2’s new website. its a renovated one!
V2 has changed its logo style and colors… looks good!
picked up from V2’s new website – intending to open new stores through franchisee model to minimize the companies cost in opening up stores and minimize the risk. The company is also working in the feasibility of launching the convenience model (small formats through franchisee). These stores would have a size of about 800-2000 sq ft.
Ace, whats ur view on this franchisee model that V2 intends to explore..
franchisee model are asset light model and is normally a better way IMHO
“asset light” caught my attention, so googled a bit – Franchising is one of the best ways to achieve expansion and widen margins while at the same time assuring some revenue stability.
V2 Retail has a new “face” on facebook. Search for “V2 Retail Limited” on FB. Also, it seems they have started a fashion blog v2kart. Can see sonam kapoor’s pic
V2 Retail has a new “face” on FB. Search for “V2 Retail Limited” on FB. Also, it seems they have started a fashion blog v2kart. Can see sonam kapoor’s pic
V2 Retail has a new “face” on FB. Search for “V2 Retail Limited” on FB. Also, it seems they have started a fashion blog v2kart.
Ace, i think V2 Kart could be the ecommerce push by V2 Retail, similar to flipkart. looking at the renovated website, new facbook presence and V2kart blog, something’s cooking for sure.
not sure, if yes then good for sure
search for “V2 Kart FASHION” in google
sir, what are yor views on JBM auto as they venturing into commercial vehicle business.
JBM entered into bus manufacturing in 2013 under a joint venture with Italian busmaker BredaMenarinibus. It launched low-floor city bus in February 2014 also… are you talking about this ?
I observed that prima plastics last quarter results considering plastic division they were not able t maintain margins.. 2013 sep, 15cr revenue 80 lakhs profit .. 2014 sep 18cr revenue 60 lakhs profits.
So they are not able to maintain stable margins on their core products .. do you really think it is compelling buy ?
i would suggest you to see how the margins are in last few quarters rather than deciding based on just one quarter. also, its important to take the consolidated numbers of a company as ultimately the balance sheet is impacted by it. More about this debate is mentioned in numerous comments that we all have had in the past, so would strongly suggest you to kindly go through those comments. At 8 times PE, a company that’s consistently growing at 25% in last three yrs, and is expected to grow similarly for some time to come and more importantly given the cash profile and the NPM of the domestic business set to improve from this FY, i believe this is more than a compelling buy. Rest let the markets decide.
Sir what will b the impact of division sale on consolidated nos.
just look at last year’s results to see the impact. last year, the sale of the “entire” division was around 6 cr and there were losses as well. if i consider last year’s results total revenue was 103cr which would become 96-97cr and EPS was 6.9rs, that would have “increased” to around 8.2rs (roughly ..this increase would have happened because the losses of ACP division was bringing down the profits of the entire company right….
Thanks for reply. I observe few sentences from cybertech website in news and events column posted on 17th november saying “Many large Indian city governments such as Mumbai, Bangalore, Thane, Pune, Amravati etc., along with quite a few State-level Governments including Karnataka and Andhra Pradesh, have already gone high-tech with GeoCivic®, with many other ongoing implementations at other cities such as Solapur.”
Does this really mean cybertech got all these contracts and will execute in future?
thane and bangalore was already going on..amravati and solapur i had probably written in research report that they would start work on them but the other ones are new. one of the readers was also claiming the Poonamalle Municipality is being bagged by cybertech… but clearly as expected their new producct is gaining traction.
Aceji plz share ur opinion on DCB bank n
positive on both
Relaxo’s & Liberty’s Mcap gain keeps on widening. Why is market repeatedly ignoring this great brand? Hope it catches up after 3rd quarter results.
markets are waiting for liberty to implement their scheme of amalgation
Do you think liberty can implement their scheme of amalgamation soon? I am trying to look up if they have any target date to achieve this. Any ideas? Thanks!
they have to, as the license is expiring by mar 15.
Thanks! What sort of valuations you think it can attain post the amalgamation? as its already richly valued at 33 P/E and PEG > 3.
the PE would go down quite a bit post amalgation becuase the bottomline increases bit time. please search the post where i had written about the possible bottomline impact. God Bless
Gain should be read as gap.Spello error.
Is it advice able to buy moldtek packages at cmp
ideally at around declines, its priced pretty well as of now
Would appreciate your views on Shreyas Shipping & Logistics.
decent for long term at declines
What’s your views on Lincoln Pharma at these levels?
and also Prozone Intu Properties, if you track?
already replied just a couple of days back buddy
as mentioned in comments on nov 14th, i am positive on it.
Jan 12th u said prozone not confident for the moment. But now, u said positive on it, contraindicatory statement
my positive comment is for Lincoln Pharma… for prozone i said i already replied.
Hi Ace, do you think parabolic is good to enter at CMP?
its in deep trouble for the moment, and if i had to buy a turnaround candidate i would rather bet on wanbury. parabolic has already expanded its equity by a massive amount, still its in trouble
sir your view on jb chemicals . thanks
I am waiting for your next recommendation.When will you post next one?
already many recommendations are available at bargain , please check .
what is available at bargain? other than cyber and wanbury all are much higher than recommended price…
something pretty exciting is there round the corner?
am sure it is Gurarat auto gears, which you have posted on MMB..
no. i am not present on MMB. I am only present on Facebook and this blog and and no its not gujarat auto. God Bless
Sorry, but are you not present with this MMB id: ? If you go on this page on MMB, this has all your recommendations. If this is not you, then someone else is misrepresenting your blog with your name?
removed the id from your message. And to reply to your query, not that’s not me. I am NOT present on MMB. Clearly somebody probably an imposter is there on MMB assuming my identity but as mentioned earlier in the blog, i am not present on MMB.
thanks for this amazing GEM .
ACE plz share your views on REPRO india, seems like a company similar to MPS
Can it be the next MPS
dont know about repro being next mps or not but repro is good
Hi Ace, is there any other turnaround story in digital marketing space which we can look forward to right now?
if there’s something interesting will definitely update the blog
As per dec quarter shareholding pattern of Prima plastic, some big investors have sold their holding in dec quarter. is this any concern?
absolutely no concern. also, it was already known with disclosures made to exchanges in nov i guess. its not new news. Extremely busllish on prima
Regarding Prima ,any update and when are the quarterly results??
the results date are announced on the exchanges first
Any views on IMP power earlier called Indl meters.
its basically a transformers maker. its trying to turn around,. debt is a major worry here, but if there’s some strong policy “action” one could keep a tab on it.
Finally Simmonds marshal has given out break out above 70 and managed to close around 75 in last 2 days…isn’t it good sign Ace? will it sustain here?
yes, it should ideally.
Dear Sir, The news of selling shares of Arrocoated products by promers in two days is really a cause for concern. Kindly reply.K Harikrishnan
yes, disappointing, first it was few shares which was ok. now they have sold i guess around 15cr worth of shares and the reason is same as previous, for house. I hope this is true or else investors are bound to feel very uncomfortable because 1. we get only annual consolidated numbers (whereas insiders know it) 2. the stock has appreciated more than 30-40x in one year so whole lot of theories can be inferred from this selling.
but you appreciate the “possible” potential the company has right ?
well, its the promoters who are taking full advantage of the potential it seems. I hope there’s no third way of selling
15 cr is a bit too steep to spend on a house for sure .. signs of extravagent spending ? definitely. if i were in his place i would be seeing $ in my eyes (stock rising from 12 to 600) and might lose the incentive to do justice to the business.
Hi, ur next recommendation is guess the stock or direct and when?
most likely tomorrow
Your view about cranes software and starcom
not confident of both
Could you share the view of tumbling of global markets? Is crunching of oil, the reason for this steep fall overall global markets? or techincal?
yes, crude started it. falling crude does have colletral damage but today an important commodity copper crashed which killed the sentiments.
Do you like Mold Tek packaging? I mean as potential multibager, everything else seems good but their Debt to equity is alredy high @1.25 and they are planning to dilute more soon (Sticky point for me. I own it but thinking of opportunity cost)
But the promoters have been buying between 200-230 levels recently.
i share your concern on this one.if it keeps on performing it would go up but by how much is the question as the dilution will keep the EPS in check.
Indian table grape crops in the key growing state Maharastra are doing well despite some inclement weather, with predictions for harvests to get underway in just under one month.
Grape Growing Association of India president Sopan Kanchan told http://www.freshfruitportal.com the sector was on track to yield ‘good volumes’ for export to the European Union.
“There has been a little bad weather such as heavy rain and some hail recently and yes it’s caused some damage but nothing too bad and nothing that we cannot handle,” he said.
“I don’t expect yields to be badly affected and certainly everything is looking fine for the export market in terms of producing high enough volumes. Some portion is definitely damaged but not as bad as some people say and the main point is that the crop for export is definitely there.
“We can get some very bad weather here but we’re used to it. Some people always say around this time of year that the weather has badly damaged crops, but that is not the case this time. Everything will be just fine.”
The harvest for the European market usually begins around Feb. 10, Kanchan explained, but could be slightly earlier this season.
“We are seeing a good crop so far this year although the climate does change regularly and we need to take a lot care and spend some money to make sure our yields will be good and meet the regulations laid out by the European Union.
“We are a few weeks before harvest but it could be that we start to focus on the harvest for Europe earlier than we expect, possibly in the last week of January, but we will continue to monitor crops and react accordingly.
“We expect good volumes and we have to make sure of that so we can compete against the likes of Spain, South Africa and Chile for instance. I hope importers from the European Union support us this season as every year we are coming with good crops and great quality, and I really would like to have more meetings with European importers so we can set up sustainable business practices that last for long periods of time.”
thanks, saw this news a few days back. Thanks for update. God Bless
Hello ace, what impact do u see on freshtrop fruits with falling euros. Euro is predicted to fall further in coming years, will this lead to falling profits for freshtrop with squeezed margins
against which currency ?
Sir what I meant that from Rs 80 to 70, the value of euro has reduced and expected to go down further. Same is expected for dollar that it may come to 50-55 levels in year or 2. Will this be a problem for freshtrop.
oh you mean the euro and USD strength. i dont think so its a worry. just like any other export company they must be hedging. also, gradual appreciation is fine, what hurts most is abrupt.
I remember you saying that you had attended FF last annual meeting. How much do you think cud be the EPS for FY 15 and FY16. What is your estimate of price during March16? Just would like to know your views.
no i didnt say i attended, but yes, i know what happened. also, a brief about that is presented in one of the earlier comments. Kindly go through that. from that it looks like we could be staring at a double digit EPS
ace, please allow me : an eps of 15 or 16 is my target for q1 fy16………expecting a pe of above 40 or 45 as this is a niche player in fruits.
although its not niche in the sector (food and inns is also present) but there’s no doubt its by far the best player and should command premium valuations. God Bless
ace, freshtrop deals with export of grapes,pomogranates,alphonso and then food processing…while food and inns is into exclusive processing ….i still think ff is a niche segment in bse…
mango ban lifted by europe, next obama signing for import of grapes from india….news after news..one kind of a stock
Any Specific reason Freshtop fruits has fallen from its high in Jan 2015 of 180 levels .
Its current trading @ 70 levels… Can we re-enter this stock again at cmp .
pls go through the blog. both these questions are answered.
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of new comments via email.
Notify me of new posts via email.