Thursday, January 10, 2013

BAMBINO AGRO INDUSTRIES LTD - UPDATE






I have recommended a BUY on Bambino Agro Ind.Ltd @ Rs.40 on 13 October 2012.Today  stock closed around Rs.68 ,near to its 52 week high.Even there is an increase of 50% in sales ,due to sharp increase in WIP / Stock in trade company reported a marginal loss in last September quarter .After a long gap of 15 years company distributed 15 % dividend recently.Now company introduced many new products to its product list and started to market it very aggressively on a pan India basis.Even the history of promoter is not very investor friendly,their recent efforts to scale up the business and share the profit with minority share holders giving some hope.As you are aware ,  investors interest is very high for good branded companies especially in packaged food sector.BAMBINO having very good brand recall across southern states and now they entered into northern markets too.Company having a turnover of Rs.200 + Crore and an equity base of just Rs.8 Crore .Out of this Rs.8 Cr equity promoters holding is too high @ 75 %,which means very low floating stock.If the promoters are willing to drop their laziness and take some bold steps to reduce debt ,there is everything in this stock to become a multibagger. For investors with some risk appetite still recommending to HOLD the stock.

Link to company website HERE

For old posting click HERE

Disc:I have vested interest in BAIL

35 comments :

  1. Thank u value pick sir your brand suggesion on diwali working very well i bought this one on that time enjoying the ride
    thank u
    pavan

    ReplyDelete
  2. Sir, what do you think about Tera Software?

    ReplyDelete
  3. Sir,
    Havells and legrand being very strong competitors in premium and economy brands, How do you see eon electric's perfomance in the days to come.Isn't it a tough condition.
    How do you see swelect energy ?

    ReplyDelete
    Replies
    1. Can't write off ,promoters are well experienced in Indian market.

      Delete
  4. Dear Sire,

    Any opinion on IBM Agro Industries? Anyother decent and good valued scrips in Shrimp/Prawn industry?

    -Yuvaraj.

    ReplyDelete
    Replies
    1. I don't think such a stock listed in Indian Stock Exchanges ,are you referring IFB Agro ? .If it is so ,it is very sad to see you have not done even the basic home works.

      Delete
  5. sir,pls share some updates on heg too,i have noticed that promoters kept buying stocks at the current level but the stock shows no movement as such.But as I have seen in the last 2 years of association with this blog,patience pays well at the end.Any inputs from your side will be helpful regarding this stock
    Thanks
    Adiyta

    ReplyDelete
    Replies
    1. User industry is expected to revive in coming years.If you have patience - hold it for long term .

      Delete
  6. vpji, stock is hitting uc and you recommending to sell? any reason? thanks

    ReplyDelete
    Replies
    1. I know and use only simple English ,Where I recommended to Sell this Stock ??

      Delete
  7. Sir, your opinion on kpr mill,whether it is good for long term hold....

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  8. I bought KSB Pump @ 222 and u recommended @ 212-214 but it's trading @ 204 kindly advice.....


    Thanks,
    Sameer.

    ReplyDelete
    Replies
    1. Good stock for long term.On further dip ( if any ) buy more and hold.

      Delete
  9. Dear Value pick,
    I am holding PRAJ INDUSTRIES,2500 @45/- I am a long term investor, I can hold the stock for 3 years.Your advice regarding the stock.

    Riju

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  10. Mangalam Cement is going down, is still adviseable to hold and accumulate...

    ReplyDelete
    Replies
    1. Not Mangalam alone but many others too ,on report that the cement demand may negatively affect due to cold weather condition in North India.I believe it is only a temporary situation and one should enter in any sharp dip.

      Delete
  11. Hi VP,

    Howz Jyothy Lab for a long term. Considering the aquisitions and the henkel possible open offer in the future and the mix of products in its portfolio dont you think that this stock should be considered in the core portfolio of any investors and so a write up about this company to your followers is required.

    Regards

    Neil

    ReplyDelete
    Replies
    1. Not bad,Integration of both business may take some time.

      Delete
  12. Hello Sir,

    What's you view on Pitti Laminations at current price. This stock has beaten down recently. would you recommend a buy at this price?

    Thanks,
    Anil

    ReplyDelete
  13. sir,
    may i know your view on hcl tech and rallis inid.

    ReplyDelete
  14. Sir ,

    Bhaskar Krishna of Granules, selling another 9k shares, just 2 weeks before the company results is kind of disturbing. While personal reasons could be the cause, selling just 2 weeks before Q3 results does not make sense to me at all. What do you think?

    ReplyDelete
    Replies
    1. This is real example, how the investments are subject to market risks.

      Delete
  15. Dear Mr Value Pick,
    The Chairman and founder of Parekh Aluminex passed away on 06 Jan. 2013. The stock price is going down. Is it right time to enter in this stock? Please advise.
    MVR

    ReplyDelete
    Replies
    1. I believe ,role of Amitabh Parekh was crucial for that company ,Chances are there for further downside.

      Delete
  16. himatsinghka seide or grindwell norton are buy stage ?????

    ReplyDelete
    Replies
    1. Not tracking Himatsinghka

      Grindwell is a quality company , enter in a dip.

      Delete
  17. vpji .. share some view on arshiya international .. i have been tracking this stock from a year .. samir arora mentioned about this stock.. this is a different story and it would benefit ovet the long term

    some view on empire industry and aarti industries ..

    ReplyDelete
    Replies
    1. answered for same question yesterday ( on Arshiya)

      Delete
  18. Dear vp sir,

    Advance Happy pongal sir, Mangalam cement is falling heavily, & i cant understand the connection between infosys results & cement sector stocks falling, is there anything sir, kindly advice.

    ReplyDelete
    Replies
    1. Please avoid repeating already answered ( above) questions

      Delete
  19. Dear Sir,

    Please suggest for Gandhi Special tube , Globus Spirit, Lakshmi Mill, Victoriya mill for long term.

    ReplyDelete
    Replies
    1. Hold Gandhi Special,Not tracking others.

      Delete

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