Wednesday, June 8, 2011

AUNDE INDIA - WATCH IT









Aunde India is a small company unknown to may of the investors.It is a joint venture between Germany based Aunde Achter & Ebels Gmbh and Faze three of India.Aunde India is a manufacturer of Auto fabrics and its foreign promoter is a leader in automotive fabrics and seating systems. Company having an equity base around 10 Cr and 85 % is held by the promoters.Close to 43% stake is owned by the foreign promoter and the rest by Indian promoters.Company's products are used for manufacturing seats of various type automobiles. Many major players like Maruti,Hyundai,GM,Mahindra .etc are the customers of the company.Company also catering the global needs of Aunde Group.In order to tap the emerging opportunities in auto textile market ,company is now expanding its capacities and upgrading its technology. India is expected to play a major role in automobile industry especially in small car segment in future.This will surely help Aunde in future and the association of global player as a promoter will help to tap the international opportunities.For the nine month  ended March 2011, company posted a turnover of Rs.56 Cr v/s Rs.41 Cr and a net profit of Rs.2.66 Cr c/s Rs.1.41 Cr Company's year ending is in June. Considering the chances of growth in auto sector going forward ,it is a stock to watch for long term investors at CMP of Rs.18/- . Please note that it is a low liquid counter too.
                             

16 comments :

  1. Dear ValuePick,
    There has been fall in your recom "Jubliant Industries". They have announced entry in "Mall cum Hypermarket". This is very bad business. You know that through your another recom heritage food retail business.

    Do u still mainitain buy on currentely cahs rich(dont know about future:)) "Jubliant Industries"?

    ReplyDelete
  2. STOP man. Dont recommend penny stocks and block investors money. Previously you recommended stocks like techtran, govind rubber,fluidomat and see where they are even after 2 years after your recommedation. Dont you think you are playing with our money. Please stop for god's sake.

    ReplyDelete
  3. Dear Friend

    Before criticizing blindly , it is always good to cross check the facts.

    I have recommended Techtran poly on July 15,2010 @ Rs.23 and it hits a high of Rs.32 on 3 June ,2011 - an appreciation of more than 30 % in one year

    Govind Rubber recommended @ Rs.17 on 10 July 2010 and it hits a high of Rs.26 on 16 Sep 2010 , an appreciation of 60 % in two months.

    Fluidomat recommended on 7 July 2010 @ Rs.29 and it hits a high of Rs.53.7 on Nov 10,2010 means a gain of about 85 % in 4 months

    Have you checked the gain of small cap index in this period ?

    I can't take the responsibility of the greed of investors too ...

    ReplyDelete
  4. Dear value
    u r right. stock market is the place where u earn money only when u hav patient and dont have 2 much greed. always remember that "maximize profit,minimize loss"
    YOURS
    PATIDAR

    ReplyDelete
  5. Value pick ji,

    You are doing a great job by giving us info on some less visible/known stocks that can give you good return in future.

    Please carry your good work..

    Suggest us whether we can accumulate \

    Tokyoplast - Good Results
    Jasch Industries

    ReplyDelete
  6. valuepick, u doing good job man.. ignore jerks and keep up the good work.. secondly people should also be told about ur most other recommendations which have actually been multibaggers...

    ReplyDelete
  7. THE MAN WHO OPPOSE OUR BOSS, IS I THINK YET IN THE PRIMARY STAGE OF THE WAY OF MONEY MAKING FROM THE STOCK MARKET. HE IS NOT ABLE TO FIND THE WAY. SO HE IS THINKING TO BACK HOME. BUT GENTELMAN RE-THINK HOW TO FIND THE WAY FROM THIS MARKET. U WILL SURELY DO UNBELIEVABLE IF DONE WITH PLANNED & STOCKS AS PER YOUR NEED.
    -THANKS DEAR VP SIR-

    ReplyDelete
  8. Dear Sir,

    Please advise which one to hold for long term - Wimplast or Tokyo Plast? I am confused as both the companies are doing well.

    ReplyDelete
  9. Hi Anonymous

    Why you are not seeing the performance of companies like Gandhimathi Appliances , Camlin fine chem ..etc recommended by VPji in the past

    Amit

    ReplyDelete
  10. I tried to look at this stock fundamentally. Although this stock looks undervalued on various parameters like PB and PE, there seems to be a reason behind it getting discounted by the investors. The peak sales turnover of the company has gone down from the peak of Rs 66 crore in FY07 to Rs 53 crore in FY10, this is despite expanding its fixed assets base from around Rs 41 crore to Rs 51 crore. The expansion has mainly been financed by inflating its balance sheet with debt (current debt to equity stands at 2), which can put a huge burden on the company in terms of future debt repayment. Cash flow from operations looks only sufficient enough to support its interest payments which leaps a gap in terms of how the company would manage to fund its debt repayments. The company has a ROC of 7.2% down from a peak of 11.5% in FY07. ROE is down from a peak of 16.3% in FY06 to 5.3% in FY10, this is mainly due to cost of debt being higher than ROC. While the operating margin has remained around 17% on the average during the last 4 years, higher asset and debt base has led net margins to trend downwards from 6.9% in FY06 to 2.8% in FY10. I believe the company is not doing well operationally, we need to watch out for the results over the next 2-3 quarters before getting in to this name

    ReplyDelete
  11. No change in my previous opinion on Tokyo plast , not tracking Jasch Ind

    ReplyDelete
  12. Wimplast,Nilkamal,Tokyo plast - all are good ones .Keep watching the raw material price which is a derivative of crude

    ReplyDelete
  13. Thanks to all for your opinions

    ReplyDelete
  14. hi value pick do u think this is a probable delisting candidate since the promoters are holding 85% and as u said its foreign promoters? do share your views on the same. Thanks

    ReplyDelete
  15. It appears to me that Aunde India Ltd will prove to be one of your great multi-bagger suggestions. Thanks for helping many small investors like me. You are doing a great job and for free!

    ReplyDelete

Followers

Tweet TopOfBlogs