Tuesday, July 21, 2015

BLUE STAR INFOTECH LTD - RESULT UPDATE

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Disclosures : 

SEBI Research Analysts Registration Status of the Author : Not Registered 

Status of shares of Bluestar Infotech : Holding 

1)      Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company - NO

2)     whether the research analyst or research entity or its associates or relatives, have actual/beneficial ownership of one per cent. or more securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance -NO

3)      ) whether the research analyst or research entity or his associate or his relative, has any other material conflict of interest at the time of publication of the research report or at the time of public appearance-NO

4)      whether RA  or its associates have received any compensation from the subject company in the past twelve months -NO

5)      Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past twelve months - NO

6)       whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months- NO

7)       whether it or its associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months -NO

8)      Whether it or its associates have received any compensation or other benefits from the subject company or third party in connection with the research report.-NO

9)       Whether it or its associates have received any compensation from the subject company in the past twelve months-NO

10)    whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided -NO

11)    Whether the research analyst has served as an officer, director or employee of the subject company-NO

12)   whether the research analyst or research entity has been engaged in market making activity for the subject company- NO




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BLUE STAR INFOTECH LTD - is one  stock suggested around Rs.72 which hits its 52 week high today @ Rs.258. For the quarter ended June , on a consolidated basis ,company reported a top line of Rs.74 Cr v/s Rs.64 Cr  and a net profit of Rs.7.26 Cr v/s Rs.3.10 Cr. Quarterly EPS is Rs.6.50 v/s Rs.2.54 compared with same period of last year..Company also decided to purchase the remaining 51 % stake in  Blue Star Infotech Business Intelligence and Analytics Pvt Ltd ( Read it HERE).

 In case of many small/mid size IT companies , promoter quality is a major concern . But I believe , in the case of Blue star Infotech that risk is minimum 


Link to a recent interview of MD. HERE 


Link to Latest Result HERE 

Old posting HERE


59 comments :

  1. I have 97 different stocks in my portfolio...is it risky to own too many stocks vp sirji?

    ReplyDelete
    Replies
    1. There is no general answer for this , depends on your investment style and ability to track

      Delete
  2. Sir, your valuable views on Indian Acrylics pls.

    ReplyDelete
  3. Please give me your view on hinduja venture

    ReplyDelete
  4. Awaiting for your thoughts on suzlon and pioneer embroideries

    ReplyDelete
  5. Hi VP Sir, My comments are not posted here. Any reason?

    ReplyDelete
    Replies
    1. Please check whether some question about same company replied to someone in recent past .Sometimes time is a constraint to answer for more queries.

      Delete
  6. Sir,

    Please suggest- how we can check the order book for any company and from where we can get it?

    ReplyDelete
    Replies
    1. Try to contact directly with company and take efforts to participate in AGM's and read AR.

      Delete
  7. Hi Sir,
    Your views on Meghmani Organics.....

    ReplyDelete
  8. Please share your views on hinduja global solutions

    ReplyDelete
  9. Sir your view on whirlpool india. i have @800 please suggest can it reach 900 in short term.

    ReplyDelete
    Replies
    1. Nothing to comment about short term .why are you in a hurry ?

      Delete
  10. VP Sir,

    Please share your views on Igarashi results.

    ReplyDelete
    Replies
    1. This stock recommended @ Rs.60 and currently trading around Rs.660 .After 10 fold increase , I am neutral on it at present.

      http://value-picks.blogspot.in/2010/06/igarashi-motors-turn-around-perfomance.html

      Delete
  11. Dear VP Sir,

    What is your view on Omkar Speciality Chemicals

    ReplyDelete
  12. Dear Vp Sir,
    Thank you very much for done 100% return of V2 retails by your recommendation, I sold 50%,
    I'm so happy & mint tonnes of money, ha ha ha now long term investors minting tonnes of money, Now I understood Patient is most important in market,
    "What you will give to another with a full heart returns to us a hundredfold" ~~~ Ancients(The magic book),

    ReplyDelete
  13. Dear VP Sir

    Saw your note on Precision Electronics on MMB. Understand that they are licensed defence suppliers but the company size is still very small and am not able to get anything in their AR and websites on planned growth initiatives. Would appreciate if you can throw some light on this and also on the quality of promoter Mr. Ashok Kanodia. Thanks

    ReplyDelete
    Replies
    1. Major issue that prevented the company from growth was some family feud .But in 2013 end, as part of a settlement Mr. Ashok K. Kanodia resigned from the post of MD and Mr. Pradeep K. Kanodia took charge . The business having good potential , let us hope they will concentrate in business from here on .


      Delete
  14. Dear Sir,

    Please express your view on Indian Toner. Can good for long term ?

    Thanks.

    ReplyDelete
  15. Dear Sir,
    Your views on Tata steel, for long term with price beaten down signifcantly due steel prices down with supply and debts. thanks and regards,

    ReplyDelete
  16. Dear VP sir,

    Read you message on MMB on Orchid chemicals and Pharmaceuticals. Can one add at these levels for long term? Thank you sir.

    ReplyDelete
    Replies
    1. I am positive on Orchid for long term

      Delete
  17. vpji-do u think KAL has doing something, for the investors?

    ReplyDelete
    Replies
    1. It is a high potential business , but management is not reaching upto expectation.

      Delete
    2. Is this about KGL? I don't see any stock with KAL.

      Delete
  18. Please share your valuable opinion on Sharon bio medicine

    ReplyDelete
  19. Hi VP sir
    Your view on signity technology stock pl

    ReplyDelete
  20. Replies
    1. http://mmb.moneycontrol.com/india/messageboardblog/boarders/76616c75657069636b

      Delete
  21. Good Morning! VP sir,
    Thanks for suggesting Salzer Electronics and is going good in the past few days and expecting a good level in the long term.

    Can you please provide your view about SKM egg.

    Thanks!

    ReplyDelete
  22. Sir your view on Zenith Fibres Ltd.

    ReplyDelete
  23. Hello Sir,

    Do you think BPL could be a turn around candidate with its recent tie up with Flipkart to sell its products.

    Thank you

    ReplyDelete
    Replies
    1. I believe, service is very important for the products sold by companies like BPL . Not sure how company will effectively arrange it for the products sold through e-commerce sites.

      Delete
  24. Replies
    1. Already suggested at much lower level

      Delete
  25. Vp sir wts your view on gokaldas export

    ReplyDelete
  26. Dear VP sir,
    What is your view INOX WIND?

    ReplyDelete
  27. Helo sir.
    waiting for ur new recommendation .

    ReplyDelete
  28. Dear VP sir,
    Your views about investing in "Syncom Formulations".

    ReplyDelete
  29. Hi vp sir please share your views about Surana solar if u track, recently share dropped from 60 to 24 but nothing change with fundamentals because of some bad news this share drop until 20

    ReplyDelete
  30. Dear VP,

    Pl share your views on GHCL Limited

    Regards,
    Vipul

    ReplyDelete

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