Tuesday 18 November 2014

MSI list as on 18.11.2014 (Not Recommendation intended only for the purpose of discussion)

MSI list as on 18.11.2014(NOT STOCK RECOMMENDATION intended only for the purpose of discussion)

1.Ashoka Buildcon Ltd. http://www.ashokabuildcon.com/home.html

2.RS Software Ltd. http://www.rssoftware.com/

3.Prakash Industries Ltd. http://www.prakash.com/

4.Capri Global Capital Ltd. http://www.cgcl.co.in/

5.Hindustan Zinc Ltd. http://www.hzlindia.com/

6.NMDC Ltd. https://www.nmdc.co.in/

7.MOIL Ltd. http://moil.nic.in/

8.Tata Sponge Iron Ltd. http://www.tatasponge.com/

9.Sutlej Textiles & Industries Ltd. http://sutlejtextiles.com/

10.Cairn India Ltd. https://www.cairnindia.com/

11.Accelya Kale Solutions Ltd. http://www.accelyakale.com/

12.Infinite Computer Solutions Ltd. http://www.infinite.com/

13.IL & FS Investment Managers Ltd. http://www.iimlindia.com/

14.Coal India Ltd. https://www.coalindia.in/

Wednesday 5 November 2014

MSI list ason 05.11.14

This list is merely intended for discussion NEITHER RECOMMENDATION nor Rejection.

1.Capri Global Capital Ltd. http://www.cgcl.co.in/

2.Hindustan Zinc Ltd. http://www.hzlindia.com/

3.NMDC Ltd. https://www.nmdc.co.in/

4.Cairn India Ltd. https://www.cairnindia.com/

Monday 27 October 2014

Vardhman Acrylics http://www.vardhmanacrylics.com/"" Free Lunch"" or a "Value Trap"

http://www.vardhmanacrylics.com/
Vardhman Acrylics:
This stock is at an interesting Juncture right now.Believe it or NoT, this company which has made  net profit of about 43.66 cr in recent financial year and 24.40 crore the year before ,it seems is available for free.
Now,how is that possible??
Lets take a look at the Balance Sheet data as on 31st March'2014 as available in the Annual Report.
Current Investments:11736.48 Lakhs
Non-Current Investments:7675.78 Lakhs
Cash & Cash Equivalents:582 Lakhs
Total: 19,994.26 Lakhs= Approximately 199 Crore. Now How much is Market Capitalization of this Company ? It's about 193 Cr.(approx.).
Now,The Company has negligible amount of Debt and has made profit in each of last five years.
So, right now  the market is not giving any value to its Operating Business which produced profit of about 43.66 cr. latest financial year.
Lets look at where the company has invested, are they kind of investments which are illiquid in nature?
They current investments of about 11,736.48 Lakhs are in Bonds and Mutual funds.
The Non-current investments of about 7675.78 Lakhs are in Equity Shares,Bonds and Mutual Funds.
How do we justify market cap-of 193(approx) cr for a company which has about 199 (approx)cr of  liquid investments and produces 43.66 cr(approx.) net profit and has negligible debt;did not make loss any of last five financial years? I am confused..

Disclosure:I happen to own the stock in my portfolio so it should be considered that I am positively biased.we do not vouch for the accuracy of facts and figures they are as per publicly available information and approximate data.THIS IS NOT A STOCK RECOMMENDATION ,ANY ACTION BASED ON THIS ANALYSIS MAY PROVE HAZARDOUS FOR YOUR PORTFOLIO.


Tuesday 21 October 2014

Magic Stocks India List as on 21.10.2014

Magic Stocks India List As On 21.04.2014.Three Stocks appeared on the list today..:-

1.AVT Natural Products http://www.avtnatural.com/

2.Hindustan Zinc Ltd.  http://www.hzlindia.com/

3.Capri Global Capital Limited http://www.cgcl.co.in/

Tuesday 14 October 2014

Exit:Geojit BNP Paribas

we noticed that Geojit BNP Paribas http://www.geojitbnpparibas.com/ has disappeared from the list today and there has been some Price Surge in the stock.