Tuesday, November 19, 2013

ARROW COATED PRODUCTS LTD. - UPDATE

Arrow Coated Products recommended about three months back @ Rs.12.40 ( Old Recommendation Link HERE) which hits its 52 week high today  @ Rs.22 .For the latest September quarter Company reported more than 300 % increase in net profit.Recommending to HOLD the stock.

24 comments :

  1. vpji,I read your articale of arcpr,my view in this stock is it's a next generation stock,whatever profit they declared that is just trailor,picture coming up.but only concern is how much debt they have?and when become a debt free status?otherwise it is a super mbagger stock for next decade.what do u think?thanks

    ReplyDelete
  2. Dear Valuepick,

    Pls share ur vies on nahar spinning mills. Looks good in medium term or long term ?

    ReplyDelete
  3. Dear V P sir what is your valuble view on

    Helios and Matheson Information Technology Ltd, its small IT company having good infarastructure in chennai, banglore etc ecent results are good, its considere second intermediate dividend low pe (4) stock

    ReplyDelete
    Replies
    1. Skeptical about the promoters ,hence no comments.

      Delete
  4. Hello mr.vp
    What is ur view in shree ganesh jewellery house india ltd @ current levels

    ReplyDelete
    Replies
    1. I am not positive on this business not only this company.

      Delete
  5. Hi,

    "About OneStore"

    I came around one interting stock in indian retail story promoted by indiabull group. OneStore, the company had a turn around recently and it making profit for last 3-4 years. But the stock trades at very low PE. Is it because of promoters ? any idea ?

    ReplyDelete
    Replies
    1. Not interested to recommend and not tracking any stocks from India Bulls group.

      Delete
  6. How do I search for a company in your blog ? It used to be there.

    ReplyDelete
    Replies
    1. Search option is available at the top left corner

      Delete
  7. How about escorts and infosys, VP ji ?

    ReplyDelete
  8. DEAR SIR

    WHEN DO YOU GIVE UR RECOMMENDATIONS AND IF YOU HAVE ANY SMS SERVICES (PAID ONE)

    ReplyDelete
  9. Sir,
    Please drop your suggestion to buy Bajaj Corp at current levels

    Diva

    ReplyDelete
    Replies
    1. Bajaj Corp is not a bad stock ,but I prefer ITC over Bajaj Corp at current price levels.

      Delete
  10. Hi VP,

    I guess you are not recommending indiabulls stocks due to veritas report.Do you think that report can make the group more clear in corporate governance?.Do you think Indiabulls never created wealth to its share holders?

    ReplyDelete
    Replies
    1. Many operator driven stocks are also creating wealth but I prefer to stay away from such stocks.I believe ,by buying a stock we become owners of the small part of that particular business .In that sense I would like to stay with some ethics .( It does not means such stocks will not create wealth ).But frankly speaking ,I don't like some business groups ..don't ask for reasons :))

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  11. Dear valuepick,
    Granules India has sought approval from shareholders to revise its borrowing limit from 300 to 750 crores..is this something the shareholders need to be concerned about? Awaiting your valuable responsr on this...

    ReplyDelete
  12. As on date company have a debt of Rs.260 Cr in its balance sheet.Now it is planning to take over another pharma company with a turnover of more than Rs.100 Cr.For that purpose they are planning to raise some more funds through debt and seek the approval of share holders. Even they are seeking the approval for 300 to 750 Cr ,as per my understanding they are planning to raise only Rs.80 Cr for this purpose . It may consider as a blanket approval which may used in future to avoid delay in any future plans. I think .sooner or later market will realise the strategic importance of this take over and value the stock accordingly.

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  13. sir good evening

    considering that your recommendation vst tillers is making new highs and Escorts being in the same vertical and in many more besides being a much
    larger group+performing well in the pas t few months with large land bank..Do you think it deserves your attention.
    good night

    ReplyDelete
  14. Hi VP,
    What is your openion on Hindustan Oil Exploration (HOEC) holding around 1600 @ average price of Rs.110 for a long time ?

    ReplyDelete

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