|
|
|
| Name of Company | Bartronics India Ltd |
| BSE Code | 532694 |
| NSE Code |
|
| ICICI Code | |
| Established | 1990 |
| My Take | Dislike |
| Headquarters | Hyderabad |
| Promoters | Promoters of Sujana and Indus networks |
| Story | A lot of government project in India and Singapore, banks are the main business of the company. Has its manufacturing capacity in Hyderabad. Delhi government's Aapke Dawar project helps rake in some revenue for Bartronics as well, but the project execution has been real slow. |
| Sector | Manufacturing |
| Sub-sector | RFID, MICR, AIDC, smart cards |
| Website | |
| Positives | Growth in retail sector would increase demand heavily. Great results – growth shown in results is unbelievable. |
| Negatives | Debt is huge for the company – FY09 of 856 Cr debt for the company with 114 Cr revenue in FY09. Promoters have pledged their stake. Heard about the exodus of a lot of staff as well. The other companies from the promoters are also regarded as fraud companies. Many mutual funds have reduced their stake. |
| Peers | |
| News | |
| Price @ blogged | 140.5 (18-Jun-10) |
Jun 18, 2010
Bartronics India Ltd - 532694
Jun 17, 2010
Powergrid Corporation of India Ltd - 532898
|
|
|
| Name of Company | Powergrid Corporation of India Ltd |
| BSE Code | 532898 |
| NSE Code |
|
| ICICI Code | |
| Established | |
| My Take | Like |
| Headquarters | New Delhi |
| Promoters | Government |
| Story | |
| Sector | Power |
| Sub-sector | Power grid |
| Website | |
| Positives | 25% or more NPM for the last 3 years. Stock prices are not volatile at all. Great |
| Negatives | Though it is near the 52 week low of 95, there is not much change from 52 week high of 126. 42K Cr market cap for a 2000 Cr PAT makes its PE at 20 times. |
| Peers | |
| News | |
| Price @ blogged | 102 (17-Jun-10) |
Indiabulls Securities Ltd - 532960
|
|
|
| Name of Company | Indiabulls Securities Ltd |
| BSE Code | 532960 |
| NSE Code | IBSEC |
| ICICI Code | |
| Established | |
| My Take | Like |
| Headquarters | |
| Promoters | |
| Story | One of the well known names in securities trading and brokerage. |
| Sector | NBFC |
| Sub-sector | Securities |
| Website | |
| Positives | Very near its 52 week low of 26.20. Currently quotes at 11.58 times FY10 earnings. We cannot be sure if dividend will be regular when the SENSEX trades down for long periods. |
| Negatives | As markets may trade low for a few years, we cannot expect growth for now. Could go to 2008 lows of 17, viz a 25% loss from current levels. Promoters hold <30% of stake in the company. Edelweiss is trading at very high PE multiple compared to Indiabulls bcos of 1200 Cr reserves. Not sure why revenues have come down by half from FY08. |
| Peers | Religare, Edelweiss, BLB, India Infoline |
| News | |
| Price @ blogged | 26.85 (17-Jun-10) |
Jun 16, 2010
DB Corp - 533151
Name of Company | DB Corp |
BSE Code | 533151 |
NSE Code | DBCORP |
ICICI Code | |
Established | |
My Take | Like |
Headquarters | Ahmedabad |
Promoters | |
Story | Owns bhaskar, divya bhaskar, indiainfo, myfmindia websites. Has something to do with Dainik Bhaskar. |
Sector | Publishing |
Sub-sector | |
Website | |
Positives | 86 % promoter holding. 1000 Cr annual revenues in FY10. 4446 Cr market cap at today's price. Can expect more than 10% NPM's. |
Negatives | |
Peers | Jagran Prakashan, HT Media, Deccan Chronicle, MidDay |
News | |
Price @ blogged | 245 (16-Jun-10) |
Jagran Prakashan Ltd - 532705
Name of Company | Jagran Prakashan Ltd |
BSE Code | 532705 |
NSE Code | |
ICICI Code | JAGPRA |
Established | 1942 |
My Take | Like |
Headquarters | Kanpur, UP |
Promoters | |
Story | 3800 Cr market cap at today's prices. Publisher of the Dainik Jagran – leader in newspaper in India. Company went public in 2006. Buys Mid-day with a share swap for shareholders. |
Sector | Publishing |
Sub-sector | Hindi media |
Website | |
Positives | Around 500 Cr reserves (for a annual revenue in FY10 of 940 Cr). Consistently having more than 10% NPM's. |
Negatives | Almost double levels from the 52 week low of 66. This seems too costly for a 3800 Cr market cap – FY10 EPS is 5.84. Revenues has risen to 941Cr from 478 in FY06 – i.e >18% annually. At high levels due to the acquisition news – buy when things cool down – great share to hold. |
Peers | DB Corp, Deccan Chronicle, HT Media |
News | |
Price @ blogged | 127 (16-Jun-10) |
Jagran Prakashan acquires print business of Mid-day Multimedia 532705
For FY2010, the print business reported revenues of Rs 95 crore, with EBITDA of Rs 20.5 crore and net profit of Rs 16.9 crore.
As part of the transaction, JPL will issue 2 shares of itself for every 7 shares held in Mid-day Multimedia and will assume debt of Rs 20 crore, implying deal value of about Rs 195 crore. The deal also involves acquisition of a printing facility with daily capacity of 3 lakh copies. Further, the print business management and editorial team will be retained. The issue of new shares would lead to 5% dilution in the equity share capital of Jagran Prakashan.
Source: http://www.indiainfoline.com/Markets/News/Jagran-Prakashan/3129900312
LinkWithin
