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.
Cybertech
Improvement in results is seen in this quarter, though consolidated numbers still need to improve.
God Bless !!!
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Prima rocks…! Tnx Ace…!
Dear Ace,
Greatly appreciate your promptness in posting your views on results!
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.
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.
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 ..you 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?
hopefully they’ll start doing justice to their potential on back of some execution from govt.
Dear ACEji,
thanks a lot for Prima .. I still remember your Tag line of Prima, “mega multibagger in making” ..
Best regards,
Prashant
🙂
thanks for the update
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?
yes its normal…it should be declared the following day early in the morning …
—–moderated—-
no capital letters pls…
Thanks for your Uo-date and Views.
Hi ace,
Need your views on V2 retail results.
Thanks
have not seen any more results…kindly wait for an update pls.
ace a small correction: the loss frm acp for prima should be 83 lacs and not crores.
typo in putting “.” before 83…thanks. updated it.
This is right time for averaging sankhya and sanjivani ?
i just replied to a similar question earlier. also, what do you mean by sankhya…it had almost doubled after recommendation and is still up from price of recommendation.
Dear ace sir actually I have brought at higher level.
ok
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
the stock went up over 11 times in just six months and this kind of correction is normal when the rise itself was pretty abnormal. Consolidation is always good if fundamentally there are no red flags.
Like in skm
no.
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” >
hi ace yr view on demerged max india share ( insurance business ) is it worth buying around 350 levels
i am bullish on insurance sector overall….and max is a good and reliable brand
hi ace your view on majestic auto , blue blend,catabel retail,high ground enterprises & venus remedies.
no change from previous opinion.
Hi Ace,
Your VIew on Bajaj Electricals & BEML?
i would prefer a singer over bajaj electricals …beml is decent for long term
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?
how is interest payment related to reporting positive earnings ????
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
yes, its decent but i would strongly recommend ppl to look at vidhi dyes when they are contemplating camlin…
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?
stop looking at the screen for a few days… things will get back to normal… its all normal… 🙂
but some technical analysts say that in mid of this year there would be a recession.. can it be true? Thanks a lot.
technical analyst talking about recession is interesting
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.
Thanks,
Value Investor
One word – Inventory…rest all explained with last quarter’s result. please read that comment too…
Dear Ace,
Your views on Arrow Coated Products Results ,interim dividend of 3 /-.
Thanks n Rgds
not seen the results
So Q3 has been good for all these companies. Thnx.
Sir, Are you coming up with any new business idea?
dont know
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?
i have already given my views on the results
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?
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?
true, but let’s not be harsh on the newbie 🙂
Thank you Sir. So Great of you
see, the stock split adjusted value of the stock has been around 125-126 which it tried beating i think twice…
“Aaj ke baad aapko shikayat ka mauka nahi milega”
ace, sir ur view on ptc india pls?
not interested in ptc…