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| Name of Company | Cosmo Ferrites |
| BSE Code | 523100 |
| NSE Code |
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| ICICI Code | |
| Established | 1986 |
| My Take | So-So |
| Headquarters | Solan/Delhi |
| Promoters | Cosmo films, Jaipuria family |
| Story | Leading manufacturer of soft ferrites today in India. More than 70% is dependent on export. Has the plant in Solan, Himachal Pradesh. |
| Sector | Steel |
| Sub-sector | MnZn ferrite components |
| Website | |
| Positives | Claim to have only 300 employees with 60 engineers. 62% promoter owned. NPM at 8-10 % is good. |
| Negatives | Small cap company at 16 Cr market – so highly volatile stock. Last gave dividend in 2002. At Rs. 13.5 quotes at 11.4 times trailing 4Q earnings. As it is hugely dependent on exports, exchange rate fluctuations can hurt the company's earnings. No growth previous in annual revenue. No new plants/new products which can improve revenue/profitability. |
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Apr 27, 2010
Cosmo Ferrites 523100
Apr 25, 2010
Sumedha Fiscal Services 530419
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| Name of Company | Sumedha fiscal services |
| BSE Code | 530419 |
| NSE Code |
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| ICICI Code | |
| Established | 1990 |
| My Take | |
| Headquarters | Kolkata |
| Promoters |
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| Story | Works on IPOs, equity placement,debt syndication, M&A, financial restricting, merchantbanking. Offices at Kolkata, Hyderabad, Bangalore, Chennai, Ahmedabad, Jaipur and Guwahati |
| Sector | NBFC |
| Sub-sector | Corporate services, investment services |
| Website | |
| Positives | Good NPMs of around 20-25% and last few quarters have been >30%. Promoter holding at 52%. Gradual growth has been there for the past years. PE for FY10 estimated is 4. 17 Cr market cap for a approx 11 Cr revenue for FY10 estimated. |
| Negatives | This is a small cap company. |
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Bellary Steels and Alloys 500045
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| Name of Company | Bellary Steels and Alloys |
| BSE Code | 500045 |
| NSE Code |
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| ICICI Code | |
| Established | |
| My Take | Dislike |
| Headquarters | Bellary |
| Promoters |
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| Story | Steel story or a steal story? Keep off. |
| Sector | Steel |
| Sub-sector | |
| Website | |
| Positives | |
| Negatives | Fraud company. Lot of allegations against company and promoters. |
| Peers |
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Mid-Day Multimedia 532416
Name of Company | Mid-day Multimedia Ltd |
BSE Code | 532416 |
NSE Code | |
ICICI Code | |
Established | |
My Take | Like |
Headquarters | Mumbai |
Promoters | |
Story | Newpapers like Mid Day, Sunday Mid Day, Gujarathi midday, Inquilab (urdu), Radio One(Ahmedabad, Chennai, Delhi, bangalore, Pune). [Updates 18-Jun-10] Due to the merger announcement in May, this company is bound to strongly face the competition from Times Group. |
Sector | Newpaper |
Sub-sector | Evening newspapers in Mumbai |
Website | |
Positives | Rakesh Jhunjhunwala still holds stake |
Negatives | At 36, seems priced on the upper side |
Peers | |
News |
Aries Agro 532935
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| Name of Company | Aries Agro |
| BSE Code | 532935 |
| NSE Code |
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| ICICI Code | |
| Established | 1969 |
| My Take | Like |
| Headquarters | |
| Promoters | Mirchandani |
| Story | Started manufacturing feed additives for bids and animals. Later added Chelated micronutrients. It plans to acquire a stake in middle east based water soluble fertilizer manufacturer. Taken to mobile marketing to boost sales. Also markets using vans in unserviced areas. |
| Sector | Fertilizers |
| Sub-sector | Agri chemicals (micro-nutrients) |
| Website | |
| Positives | Not in subsidized/price controlled commodity NPK fertilizers like DAP, Urea, SOP. All its products have a unique niche. It also concentrates on Chelates where the profitability is high. Manufacturing units in Hyderabad, Ahmedabad, Mumbai, Lucknow, Kolkata and Bangalore, Sharajah and UAE. Surely a better bet compared to Shiva fertilizers. Buy more at <10PE. 52% promoter holding. |
| Negatives | At 122, P/E is at 13 which is slightly on the higher side compared to other fertilizer companies of this size. Rasthirya chem. Is trading at 22PE and tata chemicals at 15PE. |
| Peers | Chambal, Coromandel, Nagarjuna, GSFC, |
Shasun Chemicals and drugs 524552
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| Name of Company | Shasun Chemicals and drugs |
| BSE Code | 524552 |
| NSE Code | SHASUNCHEM |
| ICICI Code | |
| Established | 1976 |
| My Take | Like |
| Headquarters | Chennai |
| Promoters |
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| Story | Service segment of Pharma – manufactures API's, contract research, contract manufacturing, contract synthesis, contract formulation. |
| Sector | Pharma |
| Sub-sector | API's, intermediaries, enteric coating excipients |
| Website | |
| Positives | Market cap of 350 Cr at a price of Rs. 70. Buy below Rs. 40. FY10 seems would end on a positive note. Revenues have been growing from FY05. FY10 also seems to end with more revenues. They are focusing on the research by acquiring firms that have good research facility and offshoring research to bring down costs. One of the largest producers of ibuprofen, rantidine, nizatidine worldwide. |
| Negatives | FY08 profits had come down Rs. 22 Cr even though revenues had gone up to 481 Cr. FY09 ended with a net loss of 33 Cr. Interest payment also has increased in FY09 to 12 Cr. The acquisition of Rhodia group and its UK operations are being a drag- it needs to be seen if currency related losses and operating a company at UK can be handled by the company. |
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Aksh Optifibre 532351
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| Name of Company | Aksh Optifibre |
| BSE Code | 532351 |
| NSE Code |
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| ICICI Code | |
| Established | |
| My Take | Dislike |
| Headquarters | Bhiwadi |
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| Story | The promoters give great guidance, but nothing materializes. |
| Sector | Manufacturing |
| Sub-sector | Telecom cables, optical fibres |
| Website | |
| Positives | Pays dividend then and now. |
| Negatives | Promoter offloading stake. |
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