Intimation of Commissioning of New Manufacturing Shed at the factory of the Company. One could read the announcement here.
glad to hear this. Thanks 🙂
Well sir as per bearish mood of market we could expect any further correction in VIDHI mat be upto price 41-43. i know we should not compare the value with price but i think more lose hands will go out and we can buy vidhi at 41 to 43 price. Thanks alot for this gem Ace sir….god bless 🙂
Thanks ACE for this info.
Vidhi will go higher & higher. It’s ‘Vidhilikhit’.
Nice one…. 🙂
Hlo ace sir.
y promoters of deccan gold selling their shares at every increase of its price
please see the reply to mayur.
Hello Ace,when are you coming up with your new recommendation.i eagerly waiting for it.thanks
well working on something very interesting and exciting.. would wait till i get 200% confidence…
why katwa udyog is falling, down almost 40% from its peak.
any negative news.
nothing to worry too much.. its most likely because of 2% filter
Sure sir..waiting for this Gem eagerly 🙂
Your views on sree rayalseema alkalies zenith fibres and Archie’s.
please search the blog for all three….no change from previous views
yes sir. we are awaiting
Sir, I am an new to this blog…waiting for new Gem eagerly 🙂
i would probably put it up on a day when the markets are tanking so that people who genuinely are investors and convinced, they only buy.
But sir plz announce d publishing of new post with one day or at least few hours notice…
what could be the point of such notice, in any case the stock would be recommended in the off market hours.
Sir, could you share what sector would the recommendation come from? Just a broad hint, nothing specific.
cannot say anything and not even sure i’ll recommend it because the research has to end as per expectations too…
Market correcting Sir. Would be great if you could share the new recommendation today.
Great Sir.. 🙂 Awaiting !!
Can I buy vidhi now? I m new to stock n to dis site too n missed all d past recos….vidhi is posting good result but how much possible to continue this type of good result by Vidhi as per you?…next 3-4 yrs, can tgey sustain dis tyoe of result?
let’s hope so it continues for a long time. In any case they are expected to do a great job in the next few quarters for sure.
Great Idea Sir Ji!!
How you grade Deccan Gold mgmt. with regard to expertise in mining and extracting gold. They have to raise money too. It is very good opportunity if the mgmt execute it on time and expand.
they are ofcourse experienced in the area. i would recommend you to go through the background of the top management.
ur view on Jasch industries now?
no change from previous opinion
Do you see good upside in Vidhi over a period of 3 to 5 years. I usually hold stocks for 3 to 5 years. I’ve recently started accumulating Vidhi. Please suggest.
if the business keeps on delivering why not.
Greetings. On the Deccan Gold Rights Issue this is my understanding. If I have 2x shares in Deccan Gold before the Record Date I can buy X shares at Rs 17. Please correct me if I am wrong.
Also please let me know how to register for this rights issue.
right with your understanding (if i understood you correctly that is)… record date is already gone if i am not wrong…
Thank you for your quick reply.I already have shares before record date.Is there any procedure to claim this RI shares.
please talk to your broker about the procedure.
Sir can you comment on cox&kings ? Please
decent stock but rupee depreciation is generally not great for international travel companies. I think there are better companies and sectors to bet at the moment
ace sir,please come up with your latest recommendation.your followers are eager to know about it.regards
once and if the research is concluded i will .
Hi ACE…i have v2 purchased few months back @ 57…can i add more now or should add when the price is substantially low from my buy price?
i didnt get it, how are you saying that the price will decline substantially from here?
ace in ur opinion,shouldnt the low made on 24th aug be considered as ‘freak’ low or a floor price fr most of stocks..
(addressing u ace in plc of sir as recently read u dont like being called sir)
this cannot be taken as a rule. because after 24aug, a lot of stocks made newer lows too… every stocks has to be evaluated individually. And yes, i actually appreciate people not suffixing a “sir” after ace 🙂
i mean if in case it goes below my buy price i should add or even now its good to add…i’m not sure if it will go down…
these are attractive levels for v2..any 10-15% downside could be accumulated…dont see too much downside from there… if the business continues to deliver that is. Also, you should judge with your own conviction also.
Sure ACE…thanks for the response…
can one average aimco pesticide at currentlevel
normally averaging is done if the stock price declines substantially ..still aimco is at the recommended price only.
Ace, Though we had multiple discussion about SKM egg products earlier, what do you feel is a decent entry point for this stock.. It’s not your recommendation but checking on whether I can get General update.. Thanks for all your help..
not just for this stock but generally for any stock the best point to enter is the point at which he himself is convinced. One should remember that you cannot buy at the lows and sell at the top
Ok Ace.. My straight question .. Do you feel SKM is a good/decent entry at current Market price of 130… I am still new to this market and learning things..But only expert like u can help at this my early stage…
would rather prefer a waterbase or freshtrop ….
I can see Deccan Gold in LC with 42,000 seller, anything happened to it or shall we average it
i think we have already discussed deccan and its price movements a zillion times in past few days, please re-read the blog comments on this and previous post
Hi, In the annual report it was mentioned that world is switching towards natural colours rather than synthetic. Any comment on how this will impact Vidhi
there only they have written how it will be dealt with …. i think its a very well written AR which should answer any doubt of the investor.
What is ur views on Chd Developers,if u don’t like,plz give some reasons to understand the things cause i think this is good player in NCR Region.
sure, we can discuss on it. let me know why you like it and we can take the discussion forward from there
Nutraplus is doing expansion ( Dahej), and mgmt is confident of achieving 180 cr sales this FY.
By 2017 starting Dahej Plant plant.
Can it be next granules or Caplin ?
dont like nutraplus…as mentioned in the past, have a strong case to believe that the stock is controlled by punters. it can either go way higher or way lower cannot say…also i would stick to pharma names mentioned on this blog
Ace, Please share your views on Delta Corp..Thanks..
if they get the licenses then its a good story…
sir has the markets bottomed out?
cannot say for sure right now
Thanks for your update on Vidhi.
ace can you throw some light about the broader mkts from here on. on the one hand it looks a very nice opportunity to enter stocks at 40% off from 52wk highs and mkt levels from an year ago point.
on the other, the global mkts could go down taking our mkts as well. also, are you of the opinion that we are in for a multi-year bull mkt here in India?
Thanks for your views.
there is absolutely no doubt that we are in a bull market. Also, as i have tried to explained so many times, one should not co-relate small caps with broader indices… there would always be cases when the small caps outperform both on upside and downside, so if there’s something exciting that you find, one should not hold back
dear ace…. radha madhav has ventures into ecommerce…. the debt has come down…sales up from 3 crore to 78 crore…. the compny posted 9 crore proit compred to 4 quarter loss in laster year quarter …. can you shed light on this ….. looks like another BIG multibagger in mking …. regards
not too keen on it. dont rate management’s capability as too high.Again this is my opinion but you look pretty convinced so it should not stop you from continuing your research. God Bless !!!
Ace, just want a bit of more clarity on the concept of “averaging” and “accumulating”. You have mentioned that a script must come down substantially to ‘averge’. Is that true for ‘accumalation’? How are these terms normally used in market lingo?
averaging for me means adding the stock to bring down your purchase price….but if you are not worried about purchase price and keep on adding that’s accumulation.
Ace, your views on Surya Roshni please….. they are old/diversified players and now entering LED business with huge and established marketing network.
i am positive on its consumerables business of surya..
What are your views on Reliance Power?
dont like any of the power producers…especially anything from this group
Hi, ur view on Adani Transmission?
sorry dont track it closely
Hello Ace sir,your views on aksh optifibre please
dont like it much.
Any particular reason why you do not like this stock. Please share your comments as I’m holding this stock.
if you have already bought the stock i am sure you are convinced about it…try to back your conviction. Sure if you want to discuss then we can talk about why i dont like it but before do let me know your own rationale for buying the stock.
My reasons for buying this stock are:
a) Demand of optic fiber as I know is growing
b) Stock is available at a low PE
c) Company’s fundamentals seem good
I do not know much about management which is a concern to me.
Please share your thoughts if you have any knowledge of above aspects. Thanks.
i believe there are much better companies in the space. dont agree with point 3… dont like the pedigree of the company too much.Again, this is my personal opinion and it should not stop anyone from checking into this.
Can you please share some details on what specifically you do not agree about point no 3 and about the pedigree of the company. Thanks.
just compare it with its competitors and you will understand what i mean….try to dig in deep
hello Ace, may I request your views on Grauer&Weil? thanks in advance!
Katwa Udyog @60.00 looks good for averaging and even for fresh entry.
What is your view on dynacons technology with new promoter.
they seemed to be doing better than the last ones, but still no change in opinion thus far
Thanks for all your recommendations and regular updates on the blog. I am holding a few stocks recommended by you after doing a proper research. I wanted to know your opinion on Aimco pesticides and Katwa Udyog. Given a choice which one would you invest at CMP? Aimco looks good at CMP, only concern with Katwa is the debt compare to Aimco. I know these are from totally different sectors and both are good bets at CMP. If you have to choose one which one would it be? Your opinion please.
i cannot give any preference for shares for obvious reasons.i am extremely bullish on both the stocks.
hello ace, after going through the stock story of wanbury and its AR, i am fully convinced with the business & company but my only concern is pledged shares of promoters. In company’s website, as per latest shareholding paatern, 99.94% of promoters( indian-bodies corporate) shares are pledged. is anything i missed in AR regarding this?
sorry i didnt understand your question…what in AR you are referring to?
gone through AR once again and got clarity on this. i am talking about pledged shares of Expert chemicals(india) pvt ltd (promoter). 99.94% shares held by this company are pledged and overall 33.08% shares of promoters are pledged as security for term loans. but my doubt is that why only Expert chemicals shares are pledged and why not kingsbury investments (another promoter with nill pledged shares ). dont know whether this is a sensible question or not. i hope you dont mind 🙂
that’s irrelevant.. underlined point is that the shares are pledged and its important to note that this has been the case for last 2-3 quarters and this is nothing new
thank you very much ace.
aimco AR is released. it is mentioned as “To arrange cost efficient funds for the growth plans of the company” in key objectives but no details were given regarding fund raising. can we average at this price or should wait further?
i am convinced with the company and invested at 70/- so no point in thinking to invest at 38/- but are you aware of any negatives happened in the company after your recommendation. your suggestion really helps.
nothing negative….i am bullish on this company without an iota of doubt
Sir, what happened to new recommendation as promised?
will come if there’s something interesting
Sir I need ur opinion about buying shares of the company declaring bonus. What need to be observed.
nothing much, just see if they are depleting their reserves far too often or not.
Hi Ace, did u went through Rajoo’s recent Press release. I think its great development. Ur views?
i hope you are talking about the release a few days back. yes, its encouraging and this is what differentiates this company with others…a strong R&D culture.
yes talking about the same
Had an email exchange with the Keshav Cement management – as was worried about the continuous fall in its price. They have reconfirmed that the extended capacity will com online frm FY 2016. Also wanted to know about their annual report, and they have informed that within a couple of days the site would be updated for all to see the report.
Any updates that you might have?
if you get worried and excited with the price movement you probably do not have conviction on your stocks. try to research the stock more “before” buying.
Cupid had a similar fall from 60 to 37 odd,it came down as well in same fashion in 2% lcs but eventually we all know what happened.. Instead it was an opportunity for those who missed out buying earlier,those who didnt bother abt prices but biz made tonnes of money…So tracking biz is more imp then prices what i feel..I am as confident with Katwa as with cupid,it will reclaim its old highs soon
To be honest, for me getting a 100% conviction on any stock is very difficult – as you yourself have said, there is a difference between value and value trap. I have seen some companies deserving higher value, but the prices never seem to budge. In other cases, shares have been astronomically priced for far too long.
I am trying to know why, but have not been able to so far.
For Keshav Cement, almost halving from the peak without any negative development in the company seemed beyond understanding and thus tried to clear the doubt.
Would always love to learn from you.
keep reading the blog comments to get my views on it, but you should know that i am a growth investor not a value hunter. if value comes with growth then nothing like it, just like in this case.
your effort in replying and clearing doubts has been of enormous help and something which I have never seen before; many thanks.
almost done with half of your blog and comments 🙂
On vidhi…what was the cost of the capex…what is the additional revenue and ebitda that will flow from expansion
pls go through the past comments. its mentioned a number of times.
During the AGM, Hon. Chairman said that 12 Cr. were for expansion. 5.5. Cr were from Banks & 6.5 Cr. were from internal accurals. Vidhi ranks 3rd in world @4000 mtpa, whereas 1st Synsient @20000 mtpa & 2nd Roha @9000 mtpa.
Furture Plans – targeting 5000 Cr revenue upto 2019 by adding @4000 mtpa capex. @2019. Another expansion will be required within 1-1.5 years.
Currently out of 187 Cr, – 116 Cr byway of mfg. food colours business & 65 Cr. via trading business. Planning to reduce the trading business as it is low profit. We also met Mr. Kasbekar one of the largest shareholder in Vidhi. He was convinced @mgmt.. – good management. They also planning to go in natural colors within 2-3 years.
i was under impression that that funding was 65% in favor of internal accurals , but if this information is from AGM then this is obviously more accurate. Thanks for the update. This is helpful.
What’s your opinion on Archidply at present valuation?
not keen on archidply
Hi ACE….Your view on Jyoti resins if you track please….
Thank you ACE….
Ace ur views on Lykis limited?
decent for very long term
Wish you happy ganesh chaturthi.. .)
thanks and with you the same. God Bless All !!!
Happy ganesh chaturti ace bro
Thanks and same to you sir.
What are your views on Kothari Fermentation & Biochemicals Ltd ?
Ace , Please share your views on Dynacons Tech after new promoter.. Thanks Prabu
have replied to this “exact” question a couple of days back, please go through the blog comments
Thanks Ace.. Got it… sorry for trouble…Also I have a query on PFRL.. Whether one can look into it with Long term view at current market cap and price.. I know you have already commented on this but want ur current view.. Thanks..
PFRL is decent at declines but my choice is small caps
aceji, please your comments on sks microfinance. thanks.
short term negative.
also, shouldn’t the rates fall over next year and would not that be big positive for SKS?
yes, and for all NBFCs
Vidhi on UC 🙂
sir when is your new recommendation coming?
hopefully this weekend if i get time
Even when the market falls with significant correction, my portfolio has been in 25% profits, because of Higher allocation of funds to Vidhi & Prima ! Thanks a ton Aceji !
that’s good. a carefully-researched-and-built concentrated portfolio can do wonders .. you are the first one to put it publicly on the blog. Last week i received quite a few emails about such performance by reader’s portfolios and it feels great to know that retail is outsmarting the big guys. Great work ppl. God Bless
Even my portfolio is just 6% below its all time high. thanks to the outstanding performance of my concentrated portfolio as i hold 12 stocks from 12 different sectors but 91% of my portfolio value is in my top 5 stocks.
and in the next 30 to 45 days i will even reduce my stocks from 12 to maximum 9 and minimum 7.
that should be even better …
Hello Ace ji—we know there a lot Pharma companies which have created wealth for the long term investors tremendously such as Ajanta Pharma, Caplin Point, Suven,Lupin etc………i think our Mangalam Drug is also following the same path—-with new products, margin will improve and i am sure some time down the line(may be in 1-2 years) company will think about the exporting to USA–for that they will introduce those products and will apply for the USFDA approval——-once they get it the margin will improve further—–with less number of outstanding shares it will move with great speed as well———everything good is happening in this company and stock——-i have more than 100% confidence in this company and added more at the double price than initial buy price—
I am sure we will see one post in this blog by you like below
“Mangalam Drug 20 times in XX years” ( where XX might be around 2-3 years).
Yes, i am expecting its price to be around 800 Rs.(20 times of 40 Rs where u have suggested) in 2-3 years time.
Thanks for identifying this GEM for all of us——-Keep up the good work—–God Bless u and ur Family!!!!
Thanks & Regards,
🙂 sure, nothing is impossible especially on back of good performance.
Ace ji – Mangalam finally crosses another milestone by closing in 3 digits cmp with mcap of 132 cr. Though mid/small caps were languishing, this was averse to it.
And i emerge wiser from surmounting all those UC’s and LC’s. Your timely suggestions during those dark hours have cemented my belief around this story. I owe this to you. Thanks a million.
that’s good news. congrats. God Bless
sir when is the new pick coming? We are waiting..
hopefully it should be out today
sir, tirupati sarjan consolidated results are mentioned in anual report. but results shown on BSE are without UGANADA subsidiery turnover. Please clarify whther only indian operation results are considered or we should consider consolidated results.
always look for consolidated results until and unless there’s a special case.
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