Tuesday, January 16, 2018

SINGER INDIA LTD (505729 ) :- A MNC PLAY..

 Dear friends,




    Many quality company stocks not participated  in recent market rally, investors may identify them for decent profits. Today I am sharing my opinion on one such MNC stock, this stock still not attracted bull.

                

            SINGER INDIA LTD

                             
                         

   Singer India Limited is engaged in the manufacture of sewing machines, sewing machine heads and sewing machine needles. The Company is also engaged in the manufacture of domestic electro thermic appliances, domestic non-electric cooking and heating equipment, and other domestic appliances. Its segments include Sewing products, which includes sewing machine accessories, oil and needles, and Domestic Appliances, including irons and steam irons, food processors, mixers, toasters, kettles, air coolers and desert coolers. Its products are marketed under the brands, SINGER and MERRITT. Its products in zig-zag fashion makers category include 8280, Classic and 1507. Its products in electronic fashion makers category include Curvy 8770 and Brilliance 6180. Its products in straight stitch category include Tailor Deluxe and Merritt Tailor. Its products in industrial machines category include Stitch Master and Merritt Universal. It has manufacturing facilities for sewing machines at Jammu.


  Singer is 160 years old company mainly working in manufacturing of Sewing Mechanics, last year company enter into HOME APPLIANCES business in three segments 1) KITCHEN APPLIANCES, 2) HOME APPLIANCES, 3) PERSONAL CARE APPLIANCES :-


                                   zig-zag-fashion-maker



        food-preparation             coolers

    Netherlands based promoters holding 60.81 % stake in Singer India, this is debt free  MNC company, Singer paying regular dividends around 15 to 35 %, book value of the company stands 44.5, industry trading around 65 PE , this stock available reasonable 35PE. Last few quarters promoters reduced stake from 74 to 61%, but stock price not effect much this indicates some big investors may bought stake from  promoters, latest half year company posted 195 cr top line and 4.2 cr bottom line with 4 EPS, if we take into full year company may post EPS around 8 in this year. Singer mentioned going forward more concentrating  for home appliances business,this will bring more growth in top line as well as bottom line going forward. Tomorrow company's stock will split into 5 ( now face value 10, after split face value become 2 ) this will create more liquidity into stock. Coming union budget may provide more benefits for textile sector, then this company also get benefited, this stock not participated recent stock market rally, this is more safe for retail investors.Some patience long term investors dig more about this company and sector then they may get real value for investing. Stock trading only in BSE @ 57.45 ( adjusted 2re face value ).



Note :- This is not BUY /SELL recommendations and not Research Reports.all data taken from social media and posted here.Before buy/sell take advice from certified persons.



 Web site HERE          

                                    



                                  

Sunday, January 14, 2018

HAPPY MAKARA SANKRANTI


 Dear friends,


 I wish Happy Makara Sankranti to all my readers friends,



     





  # VALUEABLEGEM  

Friday, January 12, 2018

TGV SRAAC LTD (507753) :- RESULTS VIEW FROM MY ANGLE

 Dear friends,


   We have discussed TGVSL @ 59 level on November 2017, now stock trading around 84 level, today Company come out with Q3 Results , My view different from others ( many guys looking only net profit Quarter on Quarter ) My opinion on results given below :-



  TGVSL posted excellent result in all parameters ,we don't concentrate only in net profit ( carefully read Results again) in net profit front year on year company posted 220℅ growth ( last year 3.3 CR profit , this year 10.56 CR)top line also grown 11℅ ( 247 to 273 CR)

 If we take Quarter on Quarter basis sales grown 12℅ ( 244 to 273 CR) , net profit front company posted 10.56 CR ( last quarter 16.41 CR) now we look into how this profit comes down :- other expenses component last quarter 19.47 CR , last year 19.7 CR ..this Quarter 32.8 CR, so Company's other expenses grown 12 CR this Quarter ( company bought 23.4℅ stake in ncs sugars for power requirements contract, this 12 CR may spend for this ) in tax components deffer tax is 9.49 CR this Quarter ( last year 1.28 and last quarter 3.38 CR) this Quarter provision made 6.5 CR more compare with last quarter, and 8 CR compare from last year , power cost also increased more compared last quarter ( 88 CR to 103 CR ) 

 Now come to the point :-  year on year basis Company done excellent , if we consider this view on Quarter on Quarter basis then Quarter on Quarter also excellent :- 12 + 6.5 = 18.5 CR if add to this in to profit 10.56+18.5 =profit is 29.5 CR . I believe this 18.5 CR is one time , Company EPS for full year may come above 6 ( current price 84 stock just trading 14 PE  is very reasonable for this market)  Patience long term investors consider this is good bet...

Disclosure :- Holding shares of TGVSL.

This is not Buy / Sell recommendation or research reports, just shared my view on company's Results only.

Latest  Credit Rating HERE
 RESULTS HERE

Sunday, January 7, 2018

JOURNEY FROM 2014 TO 2017..........

Dear Friends, 
                        Here in the below sheet , I have listed down  my opinions on the stocks that we have discussed from 2014 till today.

This is not to highlight my work, this is only for after reading the followers comments after deleting the posts.

I am will be grateful to people who have had faith in my work and benefited from work.

Please note : Split/ Bonus rates are adjusted and colored in green                          color on scrip code column.
                     NSE SME segment stocks are colored                       in blue.





CLICK ON IMAGE FOR LARGER VIEW

Valueablegem

Monday, January 1, 2018

PLEASE NOTE ....

 Dear friends,


   Today some one login to my Gmail  account and Blogger Account ,so I deleted all my old posts....



# Valueablegem

Sunday, December 31, 2017

HAPPY NEW YEAR 2018


  Dear friends,


     
         

  I WISH YOU  ALL HEALTHY AND WEALTHY NEW YEAR 2018. MAY ALL YOUR DREAMS WILL COME TRUE...


  # Valueablegem