Rajoo engineers gave very good results, with income rising 7.2% YoY and bottomline rising 160% inspite of rising input cost. Keep riding here.
Liberty shoes came out with average set of numbers with topline rising 20% YoY and bottomline rising 15%. As I have said earlier, the real kicker would come after the re-structuring is complete and also once the complete modalities of re-structuring is known. Its encouraging that the company is expanding well and this is important investment in view of future growth. Keep riding here.
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Please tell me why its going down, need to wait some sessions before it goes up?
how can i comment on price action. i dont worry about everyday price action. its already up more than 20% since recommendation. have some patience man.
Hi Ace..ur views on medi caps pls?
please search the blog for the views.
moreover seems like rajoo’s results are not liked by audiences or is it profit booking by weak hands!!
doesnt matter…results are very good IMHO
When is ur new recommendation, either guess the stock or direct?
soon..will announce it whenever it is due
Ace,
Do you have any very good bets from agriculture related sector for next 3-5 years? Which one in your view is better pick for 3-5 years perspective: Kaveri Seeds vs Dhanuka Agritech?
both are very good.
I think aimco is good bet on agri play and rajoo also a proxy for agri industry. Am I right ace ji
yes, aimco is very good. rajoo is not too much of a proxy for agri though its a part of its profile for sure
Dear Ace Investor,
I am new to learning fundamentals and i may be wrong. I was going through the Rajoo Engineers results on BSE site and my countings does not match with yours on Topline and Bottom line. Please correct me that Topline is nothing but total revenue or income generated whereas Bottomline is net profit generated after considering taxes, moínority interest etc. My countings gives below results:
Topline 7.8% YOY
Bottomline 164% YOU
Please advise if my countings are not correct ?
Regards,
Sarfraz
yes, it was typo from my side, corrected it. thanks
Sir, typo for topline as well as bottom line both ?? Quite surprising !!
only bottomline. why is it surprising? typos do happen, and i hope you had taken a good look at the results declared on bse last week. The results updates are my take on companies and is not supposed to be read blindly by investors. Also, i do not do this for every company also. do you think 160% is bad? its 2.6 times… ?
Sir, I wrote it that way only because Mr. Sarfraz has posted figures of 7.8 % YOY and 164% YOY whereas your post mentions 7.2% YOY and 160% YOY which led to me to conclude that typo was for both !! Sorry if my post has hurt you.
hello Ace,
Aro Granite have posted their result on BSE site. Can u please analyse & provide your opinion.
disappointing results… especially bottomline.
Dear ace, Can we continue to hold Aro? Do you have a chance of opinion after the result?
I meant change of opinion.
results are not up to expectations but this does not mean its bad. Also, dont forget the stock is very cheap
pls share your views on SKM results. Thnks
i think its line with my expectations which i gave on previous post. a little disappointed on the bottomline though.
Ace sir can it be added more at CMP? as rightly told by you to wait for results and then take a call.
which company are you talking about?
Sir i am talking about SKM EGGS…
i am not very enthused by results..at these prices i am not very comfortable.
for SKM the results are good, so considering the stock price kick we have already seen, and if you can bear a bit of volatility, the stock is good for long term.
Sir even bottomline also there is increase in 33% QOQ. Further from 46 lakhs as on 31.12.2013 the bottomline is 816 lakhs as on 31.12.2014. Then what goes wrong in result sir.
that was not for SKM, sorry, for this. wordpress issue it seems. for SKM the results are good, so considering the stock price kick we have already seen, and if you can bear a bit of volatility, the stock is good for long term.
Thanx a Lot Sir For Your positive view on SKM….
Hi ace
As per liberty disclosure to bse,the deadline for buying all promoters businesses is 2016. Does that mean real kicker impact on the bottom line would only come after that quarter?
Niranjan
is it 2016 or 2015 ? i think its 2015, could you kindly re-check
I was referring to the “NOTE:—” below
Liberty Shoes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 23, 2015, inter alia, has considered and approved the following:
1. The existing business arrangements continuing with M/s. Liberty Enterprises & M/s. Liberty Group Marketing Division under which two manufacturing facilities at Gharaunda & Karnal including their Distribution Networks and License usage of Sub Brands, will be expiring after 12 years on March 31, 2015 and to formalize the process of acquisition of these assets by the Company, a leading business consulting firm M/s. KPMG & Associates has jointly been engaged by the parties. The consultant will submit their report within 6-8 weeks time for the consideration of the Board and will be made effective from April 01, 2015 subject to regulatory compliances.
NOTE: — The Company will also pursue acquisition of remaining assets of footwear and related business held by the Promoter Family by March 31, 2016.
2. Authorization to the Company for initiating its fund raising exercise and appointment of Merchant Bankers and other agencies in this respect.
3. Appointment of Woman Director and Additional Director in compliance with the listing requirements.
see, the re-struturing is a 3 phase step and would suggest you to go through the interview link that i had given in my liberty shoe’s update a few months back. by mar 31, the entire 3 phases would complete this note means that. also, as said earlier mar 15 the re-strucuting will complete and the bottomline would start getting a kicker from first quarter itself.
Dear Ace Please share your views on AImco Pesticides as no movement in its share price since last 3 month…Only in range bound 68-78..while nifty up by 1000 points..How u see it …Please express your views
there’s no problem, probably you did not notice, that when there was 10% correction in nifty at that time also the stock did not move down even an inch
Dear Ace,
Is it right time to buy Suzlon for long term??
as maintained in the past, i am not interested in suzlon
Astec Life Science – Friday and today, price has appreciated handsomely and I feel it is the beginning of the identification of a Value stock. What is your view on Astec .
not interested in astec
sir what is your view on r s software after the correction from 310 levels to 240 levels after split
yes its a decent bet on a 5-10% correction
can i buy jost engg at current levels of 1150 or wait for further consolidation
its up to you
sir your view on axis capital markets
decent
Dear ACE,
I was going through SHILPI CABLE TECHNOLOGIES LTD and found a good bet. below are the highlights
Topline 33% YOY
Bottomline 6.56%
EPS 4%
PS: CEPS is less than EPS (CEPS:6.67, EPS:7.27)
Please provide your inputs.
Kindly Check Shilpi Cable’s Pledge Shares data…more than 85% is pledge ….Avoid
i agree.
Thanks!
as mentioned earlier, i am not at all interested in shilpi
Thanks for the inputs.
hi ace,
please provide your views on sahyadri results.
already done. atleast search the comments first pls
Ace,
As far as i can see on the above comments nobody has even asked for sahyadri results update nor can i see your reply on it. Infact, the results are out only few minutes back. I am sorry if you have posted on any other post, cause I cant go through all your earlier posts to see your replies. I generally go through the comments only in your recent posts. And I am sorry If have troubled you.
Ps:- I have gone through all your comments on this post multiple times throughout the day. You could probably see my site interaction details. I will mail you my ip address if you want so that you know how frequently i follow your post/comments to keep myself updated.
no worries akshay, it was replied to acefollow user as soon as the results were announced, kindly check the blog, if unable to find, i’ll post again… no worries. god bless
my bad akshay…its posted in sahyadri’s post.
topline growth is 23% YoY, but stock in trade along with power generation business has taken a toll on the bottomline, and in loss, this is disappointing a bit. though company has posted a cash profit which is very encouraging. lets keep it on our tab
thanks for the update.
Ace,
Just a suggestion. Please dont misunderstand me.
Its difficult to go through comments on earlier posts as people generally stop commenting on earlier posts. Plus, there must be like 50 posts you might have done till now. Its difficult to keep a tab on the no. count for comments on each of your posts.
Now, I am not well versed with workings/intricacies of wordpress. Request you to see if any options for unified comments is available. Or, on the right side there is a column for recent comments where you could provide link to all recent comments.
Just a suggestion. Please dont take it otherwise.
noone’s noticing sharp india, its just going up and up… great call sir, i hold it from 50rs a large chunk..thanks sir
share ur views on sahyadri industries
i view on sahyadri should be well known to anyone on this blog
bottomline, is different from my expectation, but the company has given cash profits, so not too worried.
What is your view on marico kaya at current rate
i would wait for some time if i had to buy afresh
Sir what is yourview on sudarshan chemicals
already replied on the blog
Sir what is your view on snowman logistics
no change from previous view…still not interested in buying at these valuations
Sir yourviewon force motars at current rate
decent
Hi, ur view on VEDAVAAG Systems?
not interested in it. as far as i knwo its sark systems.. SEBI had taken action against company for wrong disclosure …also the low promoter holding is a major concern. even now if i am not wrong they allocated warrants but most of the warrants were given to non-promoters. Cybertech is a way better story in the similar space.
V2 has got a new CEO, a person who has been with the company since April 2007 – Manshu Tandon
Dear Ace,
Could you pls suggest any stocks in banking sector. Thank you in advance.
as maintained in the past i like DCB
Ace sir,
Should v reenter if Sahyadri comes down?
Ur views please..
just replied a similar comment just now,
Prima near support levels
yes
Dear Ace, Unfortunately i missed entering V2 retail earlier. Do you think it is a good price to enter V2 Retail now at current CMP or i should look at some other reco of yours that have not appreciated so much. Kindly advice
see, its up to you. you can evaluate multiple businesses listed here, or can wait for fresh idea as well, no worries in it.
sir what is your view on hmt at current levels
sir is hcl info shar worth keeping in our portfolio
not confident as of now
Hi Ace – pressman hit new high with humongous volumes, on nse 400K vs 5 day avg 10k. Any reason you’re aware for the spike ?
the investors are always lookout for such businesses. its quite possible some big guys are trying to enter this unique business. Unfortunately, people here are more focussed on short term kick than to think of stocks as creating wealth in quarters and not just days… anyways enjoy the ride.
Quite possible. Rightly said, someone might have spotted an opportunity. God bless.
Dear ACE,
I am holding good chunk of Vinyl chemicals and though yesterday’s result was not so overwhelming i am still adamant to hold as the fundamentals/future looks bright. Your take on this please ?
if you are adamant, then what’s the point 🙂
You are the expert and am a beginner so wanted your suggestion as well 🙂
i had raised some concerns on vinyl in the past and therefore, i am not comfortable with vinyl and would never like to enter it. its daddy pidilite is better if you want such exposure
Hi Ace,
I did not able to buy prima before bcoz of funds,but I have bought it at 68 levels. I have read some comments showing it’s raw material cost has decreased by 30% which will be near about 18 crore. so it’s EPS will be near about Rs 25 in 2016. So I bought at 68. Please share your view regarding raw material cost and EPS and correct me if I am wrong. Thanks
yes, the raw material prices have come down 30% as of now but we cannot be sure if its going to stay at this levels or going to go up or even down…but if it is anything below last year’s average then obviously it will positively impact margins. Any confusion here?
Thanks a lot Sirji. I am very small investor and trying to research every scrip before investing. thanks for help.
no worries. you are on the right track
Dear ACE,
Sintex result is great.
Jitendra
Sirji,
FF @175.00, is it good to accumulate or wait for some more decline?
possibly you can accumulate a bit on declines…
dear sir, i require your views on Sintex, SKM , Tiger Logistics at current levels.
all decent, not sure of tiger as of now though
thanks, tiger doesn’t report quarterly nos but it reports yearly nos… looking at yearly nos don’t you feel its hugely undervalued compared to other logistic players?
already given a detailed view on this, kindly search the blog
i don’t find any detailed info about tiger logistics on older posts as well? pleaes give the link
kindly use google to search the blog
Hell Ace ji,
My question is still pending. please check it and please provide your view.
its replied a few mins back
Hi ace, ur answere for rapicut carbide was “hope it does justice to its potential”…so what do you think is holding it back?
there was a couple of other comments too after that…. that view remains.. God Bless
Is selan exploration down due to fall in crude oil prices or there are any other issues . At this price I am getting attracted to it.
yes, that’s the reason
Should I enter Good scrip, Selan Explo @ these levels 290 ?
i would suggest to let it consolidate a bit…also its making new multiyear low everyday which is not very comforting. the sector is in trouble so lets first get some clarity on it.
Prima Plastics Double Top @ 72, unless it crosses 72, my gut feel: may correct upto 45
This is Technical aspect only to my understanding ! Let me know ur opnion plz !
dont be so obsessed with technicals or else, you could loose a wonderful opportunity, anyways your personal call
Thanks for ur early reply, I sold Primaplastics, only 30% @ 66
i would not suggest anyone to book out of prima. in next couple of years there’s huge amount of wealth to be created here. dont loose sight of big picture i would suggest. God Bless
So in a way you are saying to accumulate at every dip? Maybe now?
absolutely, infact right now its near its breakout levels and therefore, is a very good entry point. God Bless
Just curious Ace. Can i know the reason for such rock solid bullish view ? I hold it and am bullish too. I may increase my allocation towards it lateron.
we are playing on earnings growth and undervaluation both. its a deadly combination. we know growth is there, we know raw material prices are down drastically, we know the loss making division is gone but it keeps the factory with itself so not much capex for new expansion, we know GST will beimplemented soon, we know the consolidated numbers are going to be block buster, we know the plastic furniture business is a massive opportunity and we also know new products are going to be launched soon. once it crosses 100cr market cap, it will also come under a lot of funds radar who keep on waiting for such high growth debt free plays
Indeed Ace. I too am gung ho on post GST opportunities that would stretch to length and breadths of India. One more thing, i my last talk with them, they are considering roto mold technology for additional opportunities. Patience will be rewarded down the line though patience is rarest.
yes, its good that they told the same thing to you too and as far i know they are going to use their ACP premises for rotational moulding production
Dear ACE,
Would you put some of your thoughts on Ahmednagar Forgings please. The only issue i can see is debt.
yes, and that’s a huge issue actually. anyways, its not a bad company, have given my detailed views on this and another forging company some time back.
Thanks. Is there an easy way to search on any comments as when i type anything in search box nothings comes out.
yes google
Hi , what is your expectation on cybertech results , the last 2 quarters of this year, they disappointed in revenues (yoy) most likely this time also they will show drop in revenues which will make cybertech available at more cheap valuations .. I have a concern that they are bagging contracts on geocivic but not able to show up it on numbers .. do you suggest to come out now as results will be lower as per last 2 quarters and enter at better prices ?
i am expecting turnaround performance. how do you knwo the results will be lower? are you a compan;y insider? I like the company
no need to be insider to understand 2 simple points ..
1) stock is looking weak before results date means market is more or less expecting bad result.
2) other point is, forget about profit though they have almost unique product from last 2 years still they are not able to show up in revenues
1. that’s not a problem. if the results are good, then there would be mad scramble for the stock and if the results are not good (i expect it to be good though) there’s wont be much damage.
2. the products businesses always have higher gestation period. look at the hit rate of the company since late last year… earlier it was just 1-2 pilot project but after bangalore project the company increased the hit rate and now, its pretty great.
sir very good evening .i am a great fan of your straight forward comments sir i want to know about punj loyed and in&fs transport from you . please comment . i am holding them
punj lloyd i am not confident as of now, though its not bad either. il&fs transport i like a lot from a long time now
View on duke offshore, is it good stock?
i would refrain from it for the time being given the sector tailwind
Advice me on nitco
are you looking to buy? if yes can you explain the rationale to me?
Ace, would you advice me to book profit in pidilite and buy Prima?
it is up to you. do it only if you yourself are convinced.
YOUR VIEW ON DIGJAM AND ACRYSIL ?
sorry abhishek, caps not allowed deleting your comment.
Sir awaiting your views on wanbury after the results.is it good time to enter or wait another quarter or two for things to get clearer
where are the results declared ?
I mean after the upcoming results
Would you suggest entering Waterbase(your old reco) at current levels (come down from 90s).
its actually gone up from 18.5 levels to 64 levels…and at its highest point was around 98 also.
It still looks like a good buy, what is your advice.
yes it is a good buy for the long term