Month: September 2017

FreeStockAnalysis Crompton Greaves Consumer Electrical

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Crompton Greaves Consumer Electrical

Buy Crompton Greaves Consumer Electrical at / above 217.8 Targets: 221 – 224.5 – 228.5 – 232.5

Stop loss — 213.5

Sell Crompton Greaves Consumer Electrical at / below 213.5 Targets: 210.5 – 206.8 – 203.5 – 199.8

Stop loss — 217.8

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Crompton Greaves Consumer Electrical based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

PROZONINTU – Big Move Ahead

Posted on by Hiren Kamani

Old Post on 7-9-2017 (http://www.freestockanalysis.in/prozonintu-positional-buy/) Recommended @ 43.6 Now 50.5 Rs

Radhakishan S Damani has bought 19.7 lakh equity shares (representing 1.29 percent stake) of the company during July-September quarter.

Rakesh Jhunjhunwala also held 2.06 percent stake in the Mumbai-based real estate development and leasing company, as per the latest shareholding pattern available on the exchange.

Big institutions like Acacia Partners, Cavendish Asset Management, Nailsfield etc have 8.37 percent shareholding in the company that currently has zero debt and cash of Rs 50-60 crore on its books.

Promoters and UK-based Intu Properties Plc held 33.46 percent and 32.38 percent stake in the company.

Prozone Intu Properties, formerly known as Prozone Capital Shopping Center, has strategic partnership with Intu Properties UK Plc, the largest retail real estate developer in UK.

The company owns land banks aggregating 169 acres spread across 6 cities in India. Accordingly, it has 6 special purpose vehicles. It has two shopping malls at Coimbatore & Aurangabad and is planning to have another mall in Nagpur that will be completed in next two years.

Its business strategy is to acquire and develop large land parcels, with a focus on mixed-use development. It utilizes one-third of the land parcel to build retail centre, which is primarily a 'build and long term lease asset' and the rest two-third to develop mixed use developments such as residential townships or commercial office blocks.

The company registered a 48 percent revenue growth and 48 percent EBITDA growth in FY16 compared with FY16. It recorded profit of Rs 7.4 crore during the year ended 2015-16 against a loss of Rs 6.5 crore in the previous financial year.

Vidhi dyestuffs : multibagger in making

Posted on by Hiren Kamani

Vidhi Dyestuffs Mfg. Ltd. is a leading manufacturer of Superior Synthetic and Natural Food Grade Colors. Providing customer world class color solutions in applications of Food & Beverage, Confectionary, Pharmaceuticals, Feeds, Cosmetics, Inkjet Inks and Salt Free Color. Our colors are being distributed and consumed in over 80 countries across 6 continents. Our manufacturing facilities are spread over an area of 176,000 square feet, located in Dhatav Village of Raigad District in the state of Maharashtra – India. Today VDML is an ISO 9001:2000, ISO 22000:2005 and HACCP certified company. Our Manufacturing facilities have been audited and found satisfactory by the U.S. FDA. All our products carry HALAL and Kosher certification.

Key cliental
Mars
Pedigree 
Nestle 
All Food Processors around world

Rational behind investment 

The company has already recorded growth of 20% plus in last 5 years 
Vidhi dyestuffs paying regular dividend since last 5 years.
Vidhi Dyestuffs’ press release talks of an ambitious “Vision for 2020”. These are:
1. To be a global player of repute on the lines of Sentient, US.
2. To focus on 3Cs – Capacities, Capabilities and Customers. To be 20% of global capacities.
3.  To broad base categories and deepen presence in Colors.
4. To increase margins by moving into value add segments; target EBITDA margins of 20%.
5. To be cognizant of all stakeholders and be counted as amongst the most transparent, shareholder friendly company.

It is also stated: “We believe that the building blocks are now in place for us to leapfrog our current base. Our business is modeled on the lines of Global leader Sentient of US. We are at the cusp of explosive growth, with continued and significant increase in capacities, capabilities and customers. Our endeavor is to ensure shareholder reward, remain paramount, and towards that we are pleased to announce the first interim dividend of 20%. We will strive to sustain and improve on the same in coming periods“.


Looking at the management performance since last 5 years we are confident vidhi dyestuffs will achieve its vision of 2020. We recommend buy at cmp 65 for upside of 50% by end of 2017 and 2x by end of 2018. 


Specialty chemical is currently in flavor and thus we are looking a huge upside in counter. 

SHORT TERM TGT 90/– ( Vidhi Specialty Food Ingredients NSE :VIDHIING, Already Recommended on 28 August 17 @ 62 Visit Link : https://goo.gl/4fKLhc )

TGB HOTELS – Short Term

Posted on by Hiren Kamani

Buy TGB HOTELS for Short Term Near 60.8

TGB Banquets and Hotels Ltd has been able to conclude the deal of sale of its Surat property named TGB Hotels for Rs. 160Cr. (Rupees One Hundred Sixty Crores only) + all expenses towards registration, stamp duty, legal fees and others, will be borne by the buyer. The proceeds have been utilized to repay the bank loans of the company.

The Company has become debt free on account of the said repayment