V2 retail
Sales increased from 70.2 cr to 79.1cr YoY and Profits Surged from 3.25cr to 5.15 numbers.
Very good results. No worries here.
Aro Granite
Sales almost flat with negative bias with sales at 60.2 cr down marginally from 61cr YoY. Operating profits up from 4.8 cr to 5.63cr YoY. Though net profits were down from 9.87cr to 3.67cr but its because of exceptional items last year. Valuations are very attractive here at the moment.
Cybertech
Consolidated sales are flat with positive bias with it rising from 15.32cr to 15.59cr and bottomline plunging to red with .85cr. Though more importantly the standalone business improved. Topline increased from 9.1cr to 10.2cr though net profits halved YoY. Last year, other income for the quarter was pretty high, so do take into account that. Even operationally though YoY, this quarter profits decreased from .85cr to .57 cr, it was on account of higher employee cost and depreciation. Also, important to note, is that company has turned around from losses to profits this quarter (QoQ). Encouraging results so keep hanging around.
Rajoo Engineers
Sales increased from 25.01cr to 26.83cr YoY and net profits increased from .64cr to 1.7cr. The results are extremely good. Keep riding on. Some company insiders keep selling, but considering such high stake of promoters and quality of business, do not see it as a concern at the moment.
Garware Wall Ropes
The following link says it all -> http://www.bseindia.com/xml-data/corpfiling/AttachLive/Garware_Wall_Ropes_Ltd_060215_Rst2.pdf. Results are very good the company is very good. The stock sell-off post results is surely a punters game. If you are invested, hold on tight and don’t watch the screen for a few weeks. The company is very good. All declines should be used to add.
SKS Microfinance
The Following link says it all -> http://www.bseindia.com/xml-data/corpfiling/AttachHis/SKS_Microfinance_Ltd2_290115.pdf . Keep on riding here.
Is their any reason for Cybertech share price to go up ..Their must be some good news ..do U have anything to share with us .The results is very much flat …Nothing improved …But still ur saying on standalone it has improved .It is very much flat…If it goes to at least 60 it will be very useful
the company has turned around QoQ. revenues are flattish with positive bias. The expenses are increasing because of staffing and for an IT company increasing staffing cost is very positive sign. if turning around is not positive then i dont know what is… anyways, company has bagged good contracts in last one quarter so in coming quarters we can hope to get much better results. valuations are very good too.
ok let me hope for best
why hope? you should be convinced and for that you need to research about the development. call the CS and ask about the company, get the know the developments in the company and then decide. You are also an owner of the business now
“Make-In-India With Global Technology: Rajoo at PlastIndia 2015. Do u believe Rajoo Engineers benefit more in Make in India scheme being Gujarat company?
not just because its a gujarat company but also because its a very good company …
Thanks for the follow up
Ace Sir,
Somewhere in previous comments i read n fELT u r very bulish on mkt in next 2-3 years,so can v think there is no doubt now about world economy as crude continuesly coming down n this can create deflation in the economy?
Although Crude fall is positive for India.
little confused here buddy…you want my take on world economy or indian economy?
One more question sir,
Garaware no doubt excellent pick but u suggested it after seeing technical resistance of Rs187,now due to mkt correction if this comes down,should we see its closing whether it is above 187 or below?
i dont think it will close below 187 and given so much punting i am seeing in the trade, anything is possible and if it gives a weekly closing below it i would be glad to add on.
cyberteck : both promoters holding and person holding 1% have reduced their stakes
no. promoters have not sold any stake. and the promoter holding is showing as decreased by 0.1% and not 1%, there a difference of 10 times my friend 🙂 … you name suggests that you are a CA, so would suggest you to wear your CA’s hat and look at the pattern again. God Bless
Ace sir,
Your views on skm egg & freshtop fruits.. (Post results) can we add these two for 1-2 years..!!
i beleive the results of freshtrop are still not declared
Liked it!
Ace Ji : What level Garware Wallrope could find a support. Can I buy more at current level. Thanks.
yes one should take advantage of this opportunity
Around 180 is the perfect opportunity to enter but we can trust ace the great and buy in small quantities.
no sir, i am a very normal guy, with punters anything is possible but i honestly do not see 187 breaking…lets see now…God Bless
cyberteck : you seems to be in hurry to revert. no prob i will detail it out.
promoters from 37.69 to 37.49%….and their is separate disclosure in the BS about guys who hold > 1% shares they have also reduced from 28.4 to 27.82 %…
no sir, not in a hurry. as you pointed out the promoter holding shows a decrease of 0.2% QoQ and around 0.14% YoY. public holding i am least bothered who holds and who not, we’re just trying to see the promoter reducing stake as per you. but again, i request you to wear your CA hat and check the holding again. promoters have not sold a single share i am saying. Kindly verify.
Hi ACE,
After Liberty, it is Garware Wall Ropes that you are most bullish on! Right?
most bullish i cannot use or else people will start asking why i not not “most” bullish in other stocks but overall, ofcourse i am very bullish on garware wall ropes
hello ace
I was out of the market since 15th jan and I was expecting big fall in small cap index bcoz my logic was wen the market rose 700 points and all small cap stocks underperformed….I think garware wall ropes deserves much better valuation going forward….I think garware is ur best reco. after cupid and prima..market trend is very bad and scary…do u see trend reversal in short time….I m asking u bcoz although some good results stocks r falling mercilessly… disclosure: I don’t have garware wall..
markets have good support around 8625 and if that’s broken i dont see markets going below 8400. but that’s ok…
Hi Ace,
Cybertech is down more than 45% since my entry price, which was the same day you had recommended,but was bought at 20% UC for obvious reasons .During the last quarter or may be in your research you had mentioned about Cybertech headcount increasing is a good sign..still you are maintaining same thought,but turnaround in the share is looking distant.We have seen 2 quarter’s results so far…
Coming to Prima: I again had spoken to the CS,he says the price cut of 15% is across all geographies(domestic and export) as well) and products.I personally want to add huge quantity of Prima and my horiszon is 12 months from now.
as far as i am told 15% price cut is not done in africa as prima is one of the only players in the region and in any case its working on very high margins.
coming to cybertech: i obviously maintain that increasing headcount is good, do you have any reason to say that its not good. also, it does not matter what i think. if you have invested, you should also taken ownership of business.
Hi , I am not looking back cyber results irrespective of what the numbers are and will be patience. I wish it comes to 25-30 to average.
For 2015 budget , everyone is bullish from past 6 months and when most of the business didn’t provide good results,everyone turned out bearish. We are just forgetting fact that companies need time to perform even though budget turns out to be good and may take at-least a year or so. Similarly clients don’t pay advances in IT field now a days and it takes at-least few months to start paying 1st checks.
Couple of times it was mentioned abt , u r keen on consolidated . Could u please provide any details on this? Thank u.
not sure i followed you.
Hi ACE,
Would appreciate your view on Pitti Laminations as a 2-3 year investment bet.
Regards.
its a decent company as metioned in the past, but not sure why did you go for a FV split
Sir , i have some doubts but only you can clear it.
* what does it mean by reserve in balance sheet? and does it taken in calculation while calculating book value?( I am asking this as they add loan and reserves which i think are totally or should be opposite)
please clear this doubt of mine as i am uncertain whether this is a prime factor or not?
have you googled it?
Yes sir I have read investopedia article and all. I don’t like to waste your time .
Like for inventory based companies I can understand reserve.
But what is this for cybertech.
Means I tght machines are counted in fixed assests not in reserves.
So anyway if you may clear my doubt.
I am seriously not here without doing research.
quick question, why are you so interested in a book value of an IT company ?
Do you think there is still steam left in skm eggs. Just started accumulating. Can you please suggest support levels if you track sir.
dont get obsessed by the technicals as they are directed by fudamentals eventually.
As you said technicals follow fundamentals. How much market cap appreciation do you think skm can get in coming years (1 to 2 ) years. Can it follow the trend of avanti feeds.
Between adding some water base and vidhi to my kitty. Waiting prima to test some lower levels. Bought garware in one go as I liked it very much
skm’s market cap has increased 30 times in last one year. if the growth can continue like this, then anything is possible. avanti feeds remember also had a great sector revival backing itself, whereas skm is turning around itself and the sector tailwind is not present. dont get obsessed on finding 100 baggers only. be happy with growing companies and prices take care of itself. skm is skm and avanti feeds is what it is. skm has already been a huge wealth creator and now it depends on its earnings growth how far it can go. remember its in poultry so there’s always a risk just like waterbase but in waterbase the risk is much lower as the most popular shrimp variety is fairly resistance to diseases.
What is your view on drastically fall in prima plastic price on last friday?
already expressed my views on it. pls see the comments on this and last posts
Results are expected to b poor n below expectations of ace sir n market too. But dont get panic by it consolidated nos would be bumper one as per ace sir. Correct sir.
yes
Sir wats ur view on waterbase and vidhi…is there result will b good? One can buy at this level….
how can i tell you what are the results going to be for this quarter sir? but yes, i am extremely bullish on both the stocks. both are incidentally at very attractive valuations too.
OK let me shoot at you directly
Will you buy skm at this level
i have enough of it so why would i ?
Whatz view on freshtrops now? it seems management has not yet declared the results on time….Sir any issues? I am holding this stock from Rs 70. Pls adivce any thing to worry about ?
why do you say they have not declared the results on time? the results can be declared anytime till 14th of Feb,
What I dint quiet like is selling by promoters before just before the results. Doesnt speak well about the Freshtrop management. Your views?
Regards,
Niranjan
Disc:Invested
normally that’s not confidence inspiring but lets see…
Dear Ace,
For a worth of 1 lac, how many stocks should one’s portfolio should contain??
Thank in advance
try to have a concentrated portfolio ….i beleive in that only
Sir acc to u what is concentrated portfolio and what should be ideal concentrated portfolio. Thanks
where more than 90% of portfolio value is controlled a handful of stocks
Please give your view on Dhunseri Tea
its decent but its a heavily commoditised business
Freshtop results.could have done better with respect to last quarter performance. They are gaining traction on food processing. They have reported higher other expenses. I guess its due to forex. I hope the selling by promoters doesn’t continue
i hope that too, but i was expecting them to report a profit at net level too this quarter. overall the results are decent but as you rightly pointed out, it could have been better. the 9 month results are very good though…
Dear Ace. Good Morning.
Will you please give an update on Freshtrop Fruits result. Nine months result is pretty good I suppose. Please give an overall update so that I can relax.
Thanks..
will keep posted, but overall there’s no alarm bells at the moment and results are decent
Thanks Ace. Have a great Day.
Sir, your views on Deepak Ferilizers at cmp 138? are there any good days ahead for Fertilizers companies? pls advise.
possible, things should get better in future
pls share your views on results posted by TV Today. Thanks
Hi Ace,
Freshtrop result looks descent to me. Stock has hit LC today and trading at 143. looking at nine months results it looks very good. Do you think its good level to accumulate or wait for it to stabilize?
Thanks and god bless
wait for it to stabalize a bit…but around these levels its good to accumulate
Ace , Vidhi is falling like anything in last couple of sessions. Anything negative happened.. Else is this correct time to accumulate ? Please advice..
nothing negative in the business andyes you are right, its a very good level to accumulate
Dear Ace,
Your views on SKM egg & Freshtrop fruits (post result).. both of them has fallen today..
Is it right time to accumulate for 1 to 2 year time horizon!!
yes freshtrop is at attractive levels…any further decline could be used to accumulate
sir,
premier explosives has falled to 240 levels post results.
what is your view, is it right time to accumulate?
dont think so at the moment
Sir,
Your views on Goodyear India Ltd and Gulshan Polyols.
Thanks
?
both decent
Dear ACE,
Can you please share your veiws on Nitin-Spinners and Kellton Tech Soln. Both looks attractive at current valuation.
Cheers!
have replied on it multiple times. kindly search across the blog
Sir, Your views on NIIT ltd and deepak fertilisers?
both decent
Do you like rexnord electronics
yes
Is SKM EGGS not attractive to buy?
just replied something similar earlier today. kindly browse through the comments
is it because of warrants issue ? sign of promotor confidence in near term prospects ?
have given my perspective in the past
Hi Chirag bro which company are u talking about.
Hey sangram, talking about rexnor. Ace searched for aceinvestortrader+rexnor in Google bar but could not find any qualitative feedback in any thread. If you could tell me the thread, I’ll read it there. Thanks!
Me too.
Hi Ace
Could u please share your view on investing in Marksans Pharma for mid term.
Thanks in advance
not interested in marksans
Hi Ace,
Rexnord electronics looks very attractively priced with last four years being on consistent growth. Do you think once can enter at CMP? it has not corrected even when small caps and midcaps have been falling in last one week. looks solid. You view pls?
Thanks
i would strongly suggest to wait for the results.
Hi, ur view on Pioneer embroideries Ltd after dec result, is it turnaround story?
no change from my previous views
Ace Ji : Jai Balaji Industries @ 15. A contra Buy and a potential turnaround candidate? Kindly advise.
dont like the company
sir what is yr view on accel fronline the company has come out with results has looks good , now cac japan is holding 61% stake in the company and now indian promoters are selling 14.1% stake thru ofs on 12th feb for the combined stake to come to 75% , what is yr view on the stock for long term and kindly go thru the results and request yr opinion on the stock
already given my views on it
Sir I want to know about srikalahasti pipes and Sunil health.
both decent
Hi Ace
Waterbase has increased 4 times since your recommendation. It is currently trading at 62. Do you still recommend Waterbase at the current level as mid-term investment?
Thanks in advance
if you are ok with the risks involved in live feed company and can handle a bit of volatility one can. but one could also wait for the results of the company
Hi ace can you please share your views on simmond results
i have not gone through the results in details but the results look pretty good on the face of it
Hi Ace,
I see the Simmond results look good. YoY net profit has increased substantially but QoQ it has dropped ….can you please help me understand that for analysis purpose the QoQ result should be considered or YoY … i mean which should be given more wieghtage and why..
I see most of the auto anchillary companies QoQ net profit has dropped in Q3 ….is it like expected in auto space that Q3 sales will be lesser than Q2..
Thanks
Anuj
as mentioned earlier its YoY.
Hi ace my comment still under md. Pls check
could you kindly re-post your comment
hi ace pl share your views on accel frontline results pl do the needful
no change in my previous views
Sir
What is your opinion about Krebs Biochemical.It jumped 40% in last two days.Is it a buy at current price ?.Please advice.
nothing as of now
Hi ace which is a better bet at current levels among these stocks aimco,gujrat themis,cybertech
aimco and cybertech is good
Are promoters of good quality.Can promoters scale up the business. How much potential do you see in the business. Promoters stake have increased drastically last quarter.talking about rexnord
cant say this at the moment
your view about zen technology for long term?
it certainly has potential but the question is if they can live up to it.
Ace Ji : Could BJP’s debacle in Delhi poll have any medium term implication on India growth story, Reforms and stock market in general? Kindly advise.
well, let’s hope that populism does not take over.
Dear Ace,
At current price, which one do you suggest. Vidhi or cybertech or Rajoo
Thanks and regards
choose any … all are very attractively priced at the moment. you could even think of splitting the capital in those three..
ace sir,
why v2 retails is locked in lc even after such a awesome results.Is there anything we don’t know???
no reason that i know of. its a very good level to enter
Advice me on videocon indusries, is it good to hold
dont like it
Aceji namaskar ! What are your views on kitex garments, Sharron biosciences, polo hotels, tvs schickara. Kind regards Ajinkya Mulay
kitex good, sharon dont like, tvs sri is very good