Prima
Revenues have gone up 10% YoY and profits have gone up by 10% but only on back of 1.6cr dividend income receipt this quarter. This has taken care of the Operating loss of 0.45cr. Now the input cost pressure has started to ease up significantly and combined with closure of its loss making ACP units, the next few quarters would show significant bottomline growth. Also, given the fact the company has declared its maiden dividend from its overseas subsidiary, it shows the subsidiary must have made good money, which in-turn would boost its already smart consolidated numbers. Also, most of the inventory of ACP division has been cleared in the quarter and HR settlement if any (important to note), would hardly impact the balance sheet, given the fact that the ACP premise is to be used for product addition. The stock is giving an excellent point to add for the long term.
Simmonds
Sales have grown more than 40% YoY and profits have grown around 160% YoY. The results are even better when you consider what its peers have shown. At every decline it’s a wonderful opportunity to add.
Vidhi Dyestuff Ltd.
Revenues have grown 60% YoY, profits have more than doubled for the same period. What’s important to note is that there’s been a significant decline in input cost and the trend is likely to continue in the near future. The stock is delivering on its performance. Excellent bet to Keep riding on or add if you wish.
Aimco
Revenues have grown 34% YoY and profits have increased 63% YoY mainly on account of lower tax expense. The is showing wonderful growth and is still available at a market cap to sales of just around 0.35 times as against 2-4 times that its peers are commanding. Excellent bet to Keep riding on or add if you wish.
God Bless !!
aceinvestortrader 
thanks for the update
hi ace, pls share ur view on waterbase results and pls suggest can i start accumulating at cmp
sure. Not all the stocks are covered, will update the rest of the results as well. God Bless
Hi Ace,
Pls share your view on
1) Any reason waterbase is going down though result is good ?
2) Waterbase and Avanti both are trading with almost same PE. So going forward why market will prefer waterbase over avanti ?
Thanks,
Abhik
1. no reason that i know of. lot of stocks behave irrationally for some time. even v2 went down a bit.
2. why do you want waterbase to be preferred over avanti or vice versa ? PE is not based on a fixed formula and is based on multiple things. but just for curiosity why it shouldnt ?
Sure is for updating results or buying water base at camp?
for results… but waterbase at these valuations and at any further decline would be very good to add.
Lots of volume in vidhi but no price action is it accumulation or distribution
it is always known in hindsight. try researching and understanding the business to move away from every day price action based emotions. if you or anyone is so obsessed with price movement then small caps is not for that person. try researching the business and sector , it will give you peace of mind
sir iam holding polyplex, hindtin ,munjalauto, allahabad bank and super house for them the results are not so encouraging should i sell them ? beg your suggestion
munjal is ok but other than that as mentioned in the past i dont like the other stocks that you have listed.
Sir why have you not covered Freshtrop results here?
not only freshtrop but there are few others as well, wait for the next update pls
Hello ace you didnt share the results for Pressman Advertising so far…is it in Loss? Currently Hold or sell?
please see my answer to milind
Thanks Ace.
You are great.
God Bless.
Well, while comparing compounded sales growth, profit growth, ROE etc from screener I found that avanti has better numbers on these parameters. Avanti has scaled up to its potential already i.e well established and trusted. Hence apparently it looked market may prefer avanti.
waterbase has been a turnaround company so do not expect the ratios to be great as the ratios are based on historical information. turnaround companies hardly ever have great ratios. its really great to see the way waterbase has evolved itself and has been growing so fast and even so incredible that its quoting at a similar PE as its much larger and most established peer. if the company keeps on growing fast and has a good dividend payout then the PE could be anything…now whether that PE is more or less than avanti would also depend if avanti keeps up pace with the waterbase growth or not…. let the time tell but i am more focussed on tracking the business than worry about trying to predict the price movements. God Bless
Ace, have you ever managed to speak to Waterbase management? I am concerned because the Thapar family has a lot of business interests, so maybe the company’s turnaround is just a coincidence of the surge in the industry and not any particular management initiative. That raises questions about the sustainability of this turn around.
Disclosure, I am invested.
its the second largest player in the industry, and growing at 70% cagr for last few yrs is no coinceidence but yes, the industry has to survive only then the companies operating in the industry grows….
Still didn’t answer my query, have you ever spoken to the management?
if you had taken the effort of browsing through the blog, you would easily know the answer to this question because this is discussed not once but too many times on this blog
Whats the view on a stock thats in a crowded industry with no special advantage over others and management is family and all very old, eg: Vidhi Dye. The comp is generating better PAT yoy and has more no. of clients and trading at same valuation..Comp: Bhageria Dye/ Dynemaic/ Indian Toners/ Asahi Songwon
how about you trying a bit harder to research about the companies you are naming as so called competitors to vidhi. The tone of your question itself is pretty interesting so let me answer you in similar spirit… what would you think of investing in a company thats in a crowded industry with no special advantage over others…read IT services… my dear friend its fine to have a particular preference but its not fine to have a propaganda… not good
Comparing vidhi with Indian toners and asahi is like comparing Infosys with reliance
so true…
Hi Ace,
Kopran results are looking bad(to me). Even sales are significantly down. Any problem in the company? Is it a time to get out? Please share your opinion.
sorry buddy as mentioned in a blog post, i stopped tracking it a few months back
have you stopped tracking ‘AMBIKA COTTON’..??
no man…its a wonderful stock….why would you think so?
well, no results update on that…had to thank you coz’ i noticed ‘AMBIKA’ after your article…i personally think that its a ‘chhota kitex’ and a lot better than ‘kpr mills’…lets c if it gets the same valuation..!!
there are a few stocks remaining for results update
Aceji, I have 5000 shares of hdil at 65 rs and 300 shares of wockarth at 980. My horizon is long term and did not expect so short term returns so fast… whats you view on both them and should I book profits and come re enter after budget correction? I use to the term budget correction as we already had a Rbi rate cut rally and im sure we want have another rally in such a short time. Your views appreciated.
i am not too comfortable with HDIL, so one could look to book out in profits. wock is also a volatile stock, though its working out well. if you cannot handle volatility then you could think of booking out
Ace
Go and recommond Suzlon, if you feel it is worth to buy. Last closing was 23rs.
Rgds
PS
not interested.
Florist and gift chain Florista’s founders are buying back majority stake in the company from Karuturi Global and KGL is set to sell back its entire 53 percent stake in the company valued at Rs 35 crore? is it good news for karuturi global?
have not read the news so cannot comment
Sir why prima is slashed down by market inspite of good result. Though i am not worried of daily price movement but just concerned since its our hard earned money put in a company which is growing but not reflected in share price. i may be wrong or sound offensive just reply what you think one should do at my place.
on one side you say you are not worried about daily price movements and on the other hand you say you are concerned about your hard earned money put in this company…first decide whether you are comfortable with the company or not ?
yes sir very much. just to know your view on it.
i am very bullish on the stock. i dont have any reason to feel worried. if an investor cannot handle volatility then small caps is not for that investor…
sir your expert comments on AKZO NOBEL the co has come out with 88 percent rise in pat in the latest q working. the managment is positive on future working they have mentioned that fall in crude prices is beneficial to the company. industry p.e for paint is 60 while this mnc is acilable at 35 p/e besides they have started a new factory in m.p at an cost of rs 140 cr kindly comment whether one can buy at this price?
no change from previous views
Dear Ace,
BMW, Benz deals make Force Motors an attractive avenue for long term buy?
-Ram
had given positive views on this a long time back, so this deal only makes things better
Can TATA motor with Jagaur be as good as Eicher with Enfield
it already is….isnt it
Ace, your view on Ajmera Reality, will this company will benefit from the recent increase in the FSI ? Is it advisable to hold ?
any developer having mumbai based project potentially could benefit
Hi Ace,
Awaiting next Update…!!!
Dear Ace,
DHP has declared it Dec14 results,which were not as per expectations.The stock has fallen from 160 to 118.
The Company has been posting sales in the last 3 quarters with negative bias.Your views pls.
About results I have already covered in Stock story.. If anything else then let me know
Dear Ace investor,
I searched for your earlier reply on Modsion Metals but without success. Please if you can share your veiws on this co. once again. Thanks a lot ! 🙂
Dear Ace
What is your take on Syncom Formulations. Thanks
not too keen on it
what is your view on ashok alco chem and premco global?
for ashok, though its decent but have never found answers for its quantum dip in promoter holding (though now its still improved) and its no-dividend policy. premco is decent as mentioned earlier
sir, i am very much interested in sahyadri, had bought at 95 and interested in averaging with usual known caveats. Let me know if you think “technically” i these are good levels to average. ditto for DHP.
yes, i believe both the stocks are bottoming out and could be averaged now. Technically, i see a strong bounce back coming very soon… also fundamentally its very lucrative levels. God Bless
Hi ace,
What’s your view on Windsor Machines.
It has very low debt and excellent ROE & ROI. Plz reply
yes but no growth. it had faltered a few yrs back. i would prefer rajoo any day.
Thanks 🙂
cybertech going to 52 week low. I think we should add at that price
all i can say is that technically its at important support levels
Dear Ace,
I read somewhere in this blog,that Vidhi has expanded/expanding its capacity by 40%. The capex have been thru debt or was it from internal accruals. Pl. share if you have information.
no debts so far, all funded through internal accuruals and despite this they have paid higher interim dividend (i explicitly asked him this point of higher dividends) and therefore, its very encouraging. the capacity is coming on-stream by next month
superb
no doubt.
sir when u will post next stock
lets hope this week
Dear Ace,
What stocks you look at for a 5-7 year perspective ? Something more defensive.
assuming you are just looking for large caps, a lot of stocks can be named like gruh, infy, BEL, Bharat forge, jubiliant food, cera, etc etc… these are just a few names on top of my head and there are a lot of companies that should be included in the watch list… even some small caps could be included.
Cybertech fired
harrison also good on charts
Indag also look good on charts
New addition on charts
tata coffe
uttam galva
Garden