Results Update !!!

Prima Plastics

Very good results on back of one time order of around 6.89cr and an interim dividend of 1rs/share declared. Even after stripping the one time order, the growth has been pretty stellar both on topline and bottomline (considering a .83cr loss from ACP unit was accounted in this quarter). Great going.

Singer India

Another set of stable numbers. Strong growth in consumer durables is very heartening.

Associated Stone

Decent set of numbers and as expected reduction of trading business is heartening. Hopefully, the overseas subsidiary would turnaround soon.


Improvement in results is seen in this quarter, though consolidated numbers still need to improve.

God Bless !!!

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61 Responses to Results Update !!!

  1. Jp says:

    Prima rocks…! Tnx Ace…!

  2. kk says:

    Dear Ace,
    Greatly appreciate your promptness in posting your views on results!

  3. Roshan says:

    ace regarding associated stone topline has halved as compared q3 last year…doesn’t this worry u?

    • see, this is why we should understand the results… the topline halved because there’s hardly any trading income…this was expected as written earlier as the company wants to discontinue its low margin business (trading never has good margins) and focus only on the consolidated entity… this is obviously good that the company is walking the talk.

      • Roshan says:

        Okk ace thanks..actually I had just glanced at the results and not completely studied it..will look deeper now…thanks

        • ok but i think as investors we should always dig deeper. just like in this case a lot of people did not understand BSL results that are pretty good IMHO.

          • Roshan says:

            actually i have not yet invested in assoc stone as yet..i was just looking at it yesterday and saw its results and noticed that its topline has halved ..will dig deeper ace thanks…btw regarding cybertech do u feel it may still take some more time for its business to pick ..initially when u had recommended it felt strong quarters were on its way but hasnt exactly panned out that way maybe because its taking time for them to secure orders from the govt?

  4. Prashant says:

    Dear ACEji,
    thanks a lot for Prima .. I still remember your Tag line of Prima, “mega multibagger in making” ..
    Best regards,

  5. Akshay says:

    thanks for the update

  6. Priya says:

    Waterbase results should have come yest but they havent put an update on BSE. Just asking, is it ok for a company to not annouce their results as intimated before?

  7. mesh says:


  8. arockiaarasu says:

    Thanks for your Uo-date and Views.

  9. Manoj says:

    Hi ace,
    Need your views on V2 retail results.

  10. sparsh says:

    ace a small correction: the loss frm acp for prima should be 83 lacs and not crores.

  11. MNR says:

    This is right time for averaging sankhya and sanjivani ?

  12. umesh says:

    hi ace what could be the reason for mangalam drugs fall even after posting excellent results the share opens higher then drifts down recovers and by closing again goes down. It is moving in same pattern for almost 15 days now

  13. raj khemani says:

    Thnx for the update chief .keep going . kind regards raj On 5 Feb 2016 23:03, “aceinvestortrader” wrote:

    > aceinvestortrader posted: “Prima Plastics Very good results on back of one > time order of around 6.89cr and an interim dividend of 1rs/share declared. > Even after stripping the one time order, the growth has been pretty stellar > both on topline and bottomline (considering a 83cr loss” >

  14. umesh says:

    hi ace yr view on demerged max india share ( insurance business ) is it worth buying around 350 levels

  15. umesh says:

    hi ace your view on majestic auto , blue blend,catabel retail,high ground enterprises & venus remedies.

  16. shreeux says:

    Hi Ace,
    Your VIew on Bajaj Electricals & BEML?

  17. Sampat says:

    ACE, Wanbury has to repay 267 crores of debt spread over a period 6 years (till 2021). That means Wanbury would report positive Earnings only after 2021?

  18. ganesh says:

    Hi Ace,
    What is your view on Camlin fine sciences?..the company seems to be doing all right things and the chemical sector as such seems to be ready to take off

  19. sang says:

    there was huge sellof in u.s. and nasdaq crashed more then 3% and many tech stock fell from 10-50%. It’s very unnerving. Are we here also starring at a 2008 like crash. What’s your views on this ace bro?

  20. Value Investor says:

    Hi Ace,
    During 2014-2015 Prima managements had decided to close ACP business as it is making loss.
    In the AGM dated sep 24 they said the ACP business is closed.
    But why is the APC segment is still included in the financial report and how a loss is reported if the ACP business is closed.
    Please enlighten me.

    Value Investor

  21. Mohit says:

    Dear Ace,
    Your views on Arrow Coated Products Results ,interim dividend of 3 /-.
    Thanks n Rgds

  22. Puru Ji says:

    So Q3 has been good for all these companies. Thnx.

  23. Singh says:

    Sir, Are you coming up with any new business idea?

  24. Arun says:

    Dear Ace,
    Cybertech other expenses includes 66 lacs interest on service tax which is one time expense. So if we exclude this, profit before other income comes to 82 lacs. So it is a very good result. Am I right?

  25. Rajeev says:

    Sir, regarding Associated Stone, it is now quoting around 17, but in your write up you had mentioned that it is quoting at 128 “Technicals: The stock is looking very promising on charts. Its currently trading at multi-year highs and recently broke out from short term consolidation and is looking all set to challenge its all-time highs of 128 in weeks to come and given enough time and space the stock should not only cross 128 but go way farther. Even in these falling markets the stock is near kissing distance of yearly highs (which again is a multi-year high) and is looking bullish from both short to long term perspective”, so why such difference. Am I wrong in my findings or is it correct. Please let me know. You are doing and great job. You are invaluable

    • first and foremost, i dont really care if someone trusts me or not. I “assume” that if someone does not trust me he/she wont be wasting her/her valuable time on the blog. In any case, what is the point?

  26. Mr. Rajeev, please try learning atleast something about the Company before you state something. The Company went for a share split and that’s the reason for the huge gap. I’m assuming you never tried to make even a small effort in getting to know about the company?

  27. amit says:

    ace, sir ur view on ptc india pls?

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