tag:blogger.com,1999:blog-14410328.post277807783584721944..comments2024-03-20T23:10:05.429+05:30Comments on Indian Stocks: Q&A: Karuturi Global: DUMP DUMP!! DUMP!!What'sUp Prahaladhttp://www.blogger.com/profile/05216054234415437998noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-14410328.post-36849026171475567142010-11-22T08:58:10.768+05:302010-11-22T08:58:10.768+05:30Anonymous:
stocks move up .. but not necessarily ...Anonymous:<br /><br />stocks move up .. but not necessarily on basis of some fundamental change..<br />as far as I can see I donot see ay justification for sharp to move up more.. it already is fairly valued..<br /><br />it would be speculative buy to buy now when the company has no fundamental justification<br /><br />=happy investing<br />whatsup-indianstockideas.blogspot.comWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-3750495028084660062010-11-21T20:55:58.784+05:302010-11-21T20:55:58.784+05:30SHARP INDUSTRIES ANY VIEW? CONFIRM 70% APPRECIATIO...SHARP INDUSTRIES ANY VIEW? CONFIRM 70% APPRECIATION NEWS FROM CO SOURCES IN A FEW MONTHSAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-74838893791650529962010-08-19T10:09:12.122+05:302010-08-19T10:09:12.122+05:30WHATS UP BUDDY EQUITY OF CONFI LAST 3 YRS IS 26 CR...WHATS UP BUDDY EQUITY OF CONFI LAST 3 YRS IS 26 CRORES ONLY HAVE A RELOOK, CHECK UP!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-47528977096802817462010-08-19T10:01:36.021+05:302010-08-19T10:01:36.021+05:30Anonymous:
IF you see the Equity of confidence pe...Anonymous:<br /><br />IF you see the Equity of confidence petroleuim <br /><br />It has increased by 300% <br />2009 : Equity: 28.32Cr<br />2010 : Equity: 89.60Cr<br /><br />A 3 times increase in Equity means even a 300% increase in sales or Profits will not provide any advantage to an equity investor..<br /><br />Debt has also increased 232%: <br />2009 debt: 89.61Cr<br />2010 debt: 208.64Cr<br /><br />So you might see some good topline sales and bottomline numbers but of no use to an individual investor because of dilution of equity.. and additional debt <br /><br />I would think this is a good time to sell Confidence petroleum.. when things look rosy..<br /><br />==================<br />http://whatsup-indianstockideas.blogspot.com/2010/06/q-confidence-petroleum-result-analysis.html<br />==================<br />The numbers will look rosy but that it because of a heavy dose of Equity and Debt infusion.. it is of no value to an equity investor.. and ROCE is also very poor (less than 10%) <br /><br />As I said before You can "sell with confidence" <br /><br />=happy investing<br />whatsup-indianstockideas.blogspot.comWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-54429770124977360032010-08-18T19:51:01.305+05:302010-08-18T19:51:01.305+05:30You used to cover CONFIDENCE PETRO,whats your take...You used to cover CONFIDENCE PETRO,whats your take on the recent run up in share price and its quarterly resultsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-89407890453934188252010-08-12T23:06:00.102+05:302010-08-12T23:06:00.102+05:30Anonymous:
I think you have said it yourself
&qu...Anonymous:<br /><br />I think you have said it yourself<br /><br />"Investment is not always about facts and figures.It includes faith & conviction CONFIDENCE PETROLEUM STOCK UP 50% IN4 DAYS"<br /><br />I think I must congratulate you for your "Faith and Conviction" <br /><br />I also have "Faith and Conviction" in my investments but after the facts are checked.. it is that faith that allowed me to buy GAEL when it fell from 30 down to 17 levels..<br />===================<br />Stocks dont run up because I have a positive bias.. Stocks prices run up based on demand and supply..<br />===================<br />Best of Luck and Happy Investing<br /><br />whatsup-indianstockideas.blogspot.comWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-28622748289882299052010-08-12T22:39:23.863+05:302010-08-12T22:39:23.863+05:30Investment is not always about facts and figures.I...Investment is not always about facts and figures.It includes faith & conviction CONFIDENCE PETROLEUM STOCK UP 50% IN4 DAYS.LOOK@THE RECENT ANNOUNCEMENTS.WHATS UP! ADMIT YOU WERE WRONG,BETTER DAYS AHEAD FOR THE COMPANYAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-68401702992788270472010-07-31T00:23:35.094+05:302010-07-31T00:23:35.094+05:30VWay:
Bihar tubes:
CMP: 120.20
MArket Cap: 243.97...VWay:<br /><br />Bihar tubes:<br />CMP: 120.20<br />MArket Cap: 243.97Cr<br />Debt: 137.24Cr<br />Reserves: 163.4Cr<br />Cash: 7.87Cr<br />Sales TTM:410.45Cr<br />Gross Profit: 33.54Cr<br />ROCE March 2009: 6.89%<br />Company has been posting -ve Cash flows from operations for the past 4 years.. <br />- inconsistent divident payout.<br />11.8% of promoter shareholding is pledged..<br /><br />Also Enterprise value of 372Cr for a company with 580Cr of consolidated sales figures makes bihar tubes a fairly priced stock..<br /><br />I would sell.. and maybe buy at lower levels.. as results could deteriorate in the future..<br /><br />I also try to avoid sectors.. such as bihar tubes..<br /><br />My best buy recommendations are in "Best Buy" section <br />link:<br /><br />http://whatsup-indianstockideas.blogspot.com/2010/05/best-buys.html<br /><br />=happy investing<br />whatsup-indianstockideas.blogspot.comWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-47924044316129848112010-07-30T18:03:10.085+05:302010-07-30T18:03:10.085+05:30Fidelity recent bought BIHAR TUBES,this compant va...Fidelity recent bought BIHAR TUBES,this compant valuation wise looks relatively cheap? You for sure would like this one I hope,what your outlook on this xo? And what stocks do you like in the Indian Market.I am new to your blog!Vishalhttps://www.blogger.com/profile/13746962799075081642noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-70360314069439614192010-07-24T19:17:37.963+05:302010-07-24T19:17:37.963+05:30Anonymous:
Prism Cement:
CMP:50.85
MArket Cap: 25...Anonymous:<br /><br />Prism Cement:<br />CMP:50.85<br />MArket Cap: 2557.05Cr<br />Debt: 980.14Cr (March 2010 Consolidated)<br />Deferred Tax Liability: 105.77Cr<br />Goodwill on Concolidation: 31.42Cr<br />Cash: 130.83Cr<br />Sales: 3027.31Cr<br />Gross Profit: 459.09Cr<br />Interest: 60.07Cr<br />Taxes: 123.61Cr<br />Net Profit: 256.54Cr<br />All these are March 2010 numbers.<br />Company till date has been reporting great numbers..<br />Enterprise value: 3543.55Cr<br />==============================<br />Company looks to be fairly valued.. In Recent March annual results 1,23,51,600 shares held by Prism Trust are not considered for EPS calculation.. (I wonder why??)<br /><br />Also the company has goodwill of 31.42Cr and deferred Tax liability of 105.77Cr (Last year 52.77Cr) I wonder how they are going to use it.. by reporting losses or pay it out with cash in bank 130.8Cr??<br /><br />Most likely by reporting losses..<br />==========================<br />Conslusion: I would wait for Prism to fall.. they have just done a merger and there could be interested parties who want to sell their shares..<br /><br /><br />Also the deferred taxes is a growing and looming number..<br /><br />The company does seem to be doing quite well.. and will keep a watch on it.. <br />for addition in the future<br />Right now I will skip .. <br />Thanks!!<br />=happy investingWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-75755089759062078012010-07-24T16:22:47.519+05:302010-07-24T16:22:47.519+05:30Why is there so much negativity about cement?Infra...Why is there so much negativity about cement?Infrastructure beneficiary isnt it? Is prism cement a good bet?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-82526019903246446722010-07-22T00:36:35.928+05:302010-07-22T00:36:35.928+05:30Anonymous:
GMDC:
CMP:123.20
Market Cap: 3917.76C...Anonymous:<br /><br />GMDC: <br />CMP:123.20<br />Market Cap: 3917.76Cr<br />Reserves: 1155Cr<br />Debt: 478.57Cr<br />Sales TTM: 1065Cr<br />Gross Profit:494.6Cr<br /><br />I think the company should do well in the short to medium term.. but long term would depend on reserves <br /><br />in 2010 Panandhro mine produced 7.79 lakh tonnes less lignite and this was the largest mine for GMDC in 2009 <br />.. ofcourse Mata-No-Madh mine produced 6.7 lakh tonnes of additional lignite..<br /><br />all in all GMDC produced 2.7 lakh tonnes of additional lignite in 2010 than in 2009..<br /><br />So one needs to keep track of reserves as these companies are nothing but valuations of the reserves.. The quality and quantity of reserves are crucial..<br /><br />I would look at NHPC because its primary resource is water which is based on natural water cycle.. which is self generating..<br /><br />2. It is the largest and has the most experience in running hydro electric power stations..<br /><br />3. NHPC being a govt entity will be given priority in sensitive sites (no competition!!) <br /><br />4. Power infrastructure already in place and as the hydro carbon cycle deteriorates.. electricity will gain prominence.. as the primary source of energy..<br /><br />NHPC is a recommended best buy with a 5 years or more time period..<br /><br />=happy investingWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-16746017614784535952010-07-21T20:10:37.027+05:302010-07-21T20:10:37.027+05:30WHATS YOUR VIEW ON GMDC AS AN INVESTMENT IDEAWHATS YOUR VIEW ON GMDC AS AN INVESTMENT IDEAAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-18523781434201052732010-06-02T03:26:34.756+05:302010-06-02T03:26:34.756+05:30Anonymous:
Confidence still does not give any co...Anonymous: <br /><br />Confidence still does not give any confidence!! <br />One can confidently sell even after the results.<br /><br />I have a writeup in the blog.<br />=happy investingWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-68756840212786690922010-06-01T23:43:13.415+05:302010-06-01T23:43:13.415+05:30After year ending results of confidence petro have...After year ending results of confidence petro have been announced yesterday ARE YOU STILL NEGATIVE ON THE STOCK> ANY CHANGE OF VIEWAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-17930577576171748802010-05-31T10:17:48.906+05:302010-05-31T10:17:48.906+05:30Anonymous:
Diamond Cables:
CMP:176.10
Market Cap:...Anonymous:<br /><br />Diamond Cables:<br />CMP:176.10<br />Market Cap: 494.19Cr<br />Sales:840Cr (TTM)<br />Reserves: 192Cr<br />Debt 231Cr<br />ROCE: 17.17%<br />====================<br />Though resonably priced still more expensive than universal cables..<br />Universal cables:<br />CMP: 81<br />Market Cap: 187Cr<br />Sales: 520Cr(TTM)<br />ROCE:12.17%<br />Debt 125.62Cr<br />==========================<br />Prefer Universal cables over Diamond cables as the Uiversal cables has:<br />- Positive cash flows.<br />- Lower valuation<br />- divident paying<br />- lower debt<br />==========================<br />Would recommend Pitti laminations as a proxy for power/infrastructure play which is value buy right now and recommended <br /><br />=happy investingWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-12702856839621429662010-05-30T18:10:04.077+05:302010-05-30T18:10:04.077+05:30Thanks for jai corp comments,lastly i have investm...Thanks for jai corp comments,lastly i have investments in one company which i am VERY SURE you will like it-Diamond Power & Infrastructure-Would you recommend investments in THAT COMPANY?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-32342424248898336772010-05-30T00:07:48.950+05:302010-05-30T00:07:48.950+05:30Anonymous:
Jai corp as we know is known for its a...Anonymous:<br /><br />Jai corp as we know is known for its affiliations with the elder ambani brother.. <br />What I am trying to do is look at jai corp from an investment prespective based on current financial results:<br />CMP: 227.8<br />Market Cap: 4055Cr<br />Sales March 2010:478Cr<br />ROCE: 3.11% (March 2009)<br />March 2010 segmented results Income from core activities(Plastic processing, spinning,steel) = 48.7Cr <br />unallocated income: 32.9Cr<br />Other income: 46.8Cr<br />=========================<br />Personally investment is to be done where there is value left on the table.. with Jai corp I dont think there is any value left on the table. <br />Core operating profits is 48.7Cr (before tax) <br />All the real estate and subsidiaries for infrastructure and power have made Jai more of a holding company as most of the earnings are from its holdings/investments.. also it is a minority partner else the sales would have reflected in the consolidated sales which is also missing..<br /><br />==========================<br />As investors we need to find stocks which are discounted based on its current valuations where we can expect price appreciation. <br /><br />In case of Jai the future earning potential is already being discounted in the price and we still need to see these plays work out.. Any negative news is going to negatively impact the stock price. <br />Also it seems Jai corp subsidiary has investments in UAE real estate ..<br /><br />Conclusions: I would pass the option of investing in Jai corp..as the stock price already reflects a lot of future earnings also the core business is also not very profitable.. I think the best part is the Ambani connection but then.. would we have ever seen the valuations unfold from Reliance if the two brothers had stayed tight lipped.. So hoping for the Ambani connection to work is shooting in the dark. Avoid investing at all cost!! as valuations are very high and already discount future earnings.What'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-45951473534466709442010-05-29T22:05:33.432+05:302010-05-29T22:05:33.432+05:30MR.WHATS UP,I WOULD LIKE YOUR VALUABLE INSIGHT ON ...MR.WHATS UP,I WOULD LIKE YOUR VALUABLE INSIGHT ON JAI CORP.ITS INVESTMENTS ON BALANCE SHEET + SEZ VALUE IS HUGE.IS IT WORTH BUYING?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14410328.post-41638989914111468552010-05-28T20:34:03.576+05:302010-05-28T20:34:03.576+05:30Anthony:
The spelling mistake that we are talking ...Anthony:<br />The spelling mistake that we are talking about is in the company website. Ofcourse what I was trying to say was that Karuturi is in a dilema cause:<br />1. Increase in production results in decrease in price of the commodity.<br />2. Food grains are commodities and generally are price sensitive and import sensitive politically.. ie the political class will prevent price rise and prevent imports which is both negative for karuturi as they might not be able to export to India or other countries..<br />3. Low taxes are serious issues as it is an indicator of fudged results...karuturi has 149.75Cr profit before tax and taxes paid is 59.70lacs thats a tax rate of 0.39 % which is very very poor rate of taxes. I donot see any other corporate in the field of commodities or any other sector of the economy having taxes as low as 0.39% <br />3. Low taxes paid.. sharp increase in equity and debt with a decrease in promoter holding is somthing to be awar of before making an investment commitment<br />4. Institutional, Promoter holdings are dropping and individual investor holdings are rising with poor fundamentals.. and a marketing machine which is cranked up to 100% ..<br /><br />I will have another writeup cause my upload feature was not working (now it seems to be .. so will provide more details..for investors which will help them make the decision!!)<br /><br />Will still standby my decision of a sell on karuturi global.<br /><br />=happy investingWhat'sUp Prahaladhttps://www.blogger.com/profile/05216054234415437998noreply@blogger.comtag:blogger.com,1999:blog-14410328.post-56668819241948808652010-05-28T19:01:29.924+05:302010-05-28T19:01:29.924+05:30What kind of analysis is this? Shame on you.
You ...What kind of analysis is this? Shame on you.<br /><br />You touch upon spelling mistakes in *last years* annual report.<br /><br />Then you critique a business strategy based on casual observations in a market in which you know evidently nothing about. <br /><br />Pledged shares is not always a bad thing. You allege that "lenders are twisting the promoters arm" with absolutely no basis.<br /><br />The profits are up but you choose to view that as a bad thing. You cast doubts on the companies taxes, again something you know nothing about. <br /><br />These guys have a solid track record in operating plantations; their work on 300,000 hectares of various cereals and pulses is on track and will show massive revenue for FY2011. <br /><br />Please dump this stock; I will purchase at every decline.<br /><br />thanks,<br />anthonyAnonymousnoreply@blogger.com