Thursday, January 21, 2016

Agreement between MIC Electronics and LG Innotek






MIC Electronics Ltd has informed BSE that MIC Electronics Limited and LG Innotek reached an agreement to jointly develop highly energy efficient LED Lighting products using the components manufactured by LG Innotek.

Considering the extensive experience of MIC in the LED product technologies and its established brand image LG Innotek gave its consent to MIC focusing its LG Innotek Brand name on all the LED Lighting products manufactured by MIC using the components manufactured by LG Innotek.












Link to LG Innotek HERE



54 comments :

  1. Hi VP,

    Certainly everyone is confused regarding current situation in the Market. As I was fully convinced about big data analytics future and fraud management applications in mobile technologies my best bet was Subex systems and which enjoys more than 50% portfolio allocation since 2 years. I am confident now as well. but…couple of things are worrying me

    1. Closing of Colorado Branch –on positive note which will reduce company cost on negative side it is due lack of projects
    2. Recent price movements in recent time without any fundamental change
    3. Large corporate houses are selling.

    Seeking your views on it. Also thank you for Guiding.

    ReplyDelete
    Replies
    1. Price movement of any stock is a function of supply and demand .Recently lot of FII's sold their FCCB converted shares in market .

      Delete
    2. Vp Sir

      Please help us understand how do know all the information about all the companies..how do you get these updates so fast. For instance this update on Mic ..basically i am asking this so that we can also keep track of latest news on the stocks we hold. Thanks

      Delete
  2. Thanks VP Sir. That's called sheer gem unlocking. :)

    ReplyDelete
  3. Respected Sirjee,
    Your kind view is to be very supportive on the following stocks-
    Mold Trek Packaging Ltd, HMVL,Liberty shoes Ltd ,Cox&Kings.

    ReplyDelete
    Replies
    1. My view about all these stocks already mentioned when the price was at lower level.

      Delete
  4. Sir whats ur view on DYNACONSTRUCTION....VERY Cheap valuation.please suggest...

    ReplyDelete
    Replies
    1. Not aware of any listed company in the name Dynaconstruction.

      Delete
  5. VP Sir,
    Please share your views on XChanging Solutions and Pioneer Distilleries.

    ReplyDelete
  6. Sir, What is your view on High Energy Batteries?

    ReplyDelete
  7. So your view on MIC electronics is now changed to positive? I remember it was neutral about a year back.

    ReplyDelete
    Replies
    1. You can check my one year old opinion about MIC when its price was below Rs.5 , in the following link

      http://value-picks.blogspot.in/2014/11/mic-electronics-on-comeback-trial.html

      Delete
  8. Dear sie please your view on sintex industries and allcargo logistic

    ReplyDelete
    Replies
    1. Last quarter result of Sintex not upto expectation.

      Allcargo is a decent one but not expecting any sharp move due to overall condition of the industry.

      Delete
  9. Dear Sir,Present view on Harita Seating for Long Term.

    ReplyDelete
    Replies
    1. Harita is a stock suggested twice @ Rs.72 and Rs.99 , One can Hold @ CMP Rs.443

      Delete
  10. Kindly share your views on Cambridge technology enterprise.
    It is facing a turnaround after the takeover of Ashish Kalra as the chairman.

    ReplyDelete
  11. Sir, telecom sector is getting beaten down ! Any reason ? Reliance jio is new entrant why the market giving so much importance ? Thanks

    ReplyDelete
    Replies
    1. Not interested in this sector because of capital intensive and technological obsolescence nature.

      Delete
  12. Sir how is the performance of pionner embroidery. Latest results

    ReplyDelete
    Replies
    1. Investors expecting too much in short time , No meaning in such a way of thinking in case of turn around companies.

      Delete
  13. Sir, do you track noble explochem ?
    If yes kindly provide your valuable inputs.
    Thank you

    ReplyDelete
  14. Sir your views on Bal Pharma Ltd.

    ReplyDelete
  15. Sir please your view upon Omax Auto and Deccan cement . Thanks

    ReplyDelete
  16. Your views on Anantraj, Coffee Day Enterprises and Zen Technologies at current price. Can they be value buys considering the future potential in their respective areas? Thanks in advance

    ReplyDelete
  17. sir,

    any views on Hindustan Zinc. Valuations seems pretty good at present.

    ReplyDelete
    Replies
    1. Not tracking above mentioned stocks.

      Delete
  18. What is your opinion about waterbase and future business prospect.

    ReplyDelete
    Replies
    1. Many times in the past I mentioned that I am not tracking Waterbase.

      Delete
  19. pls share views on TARAJEWELS , GOLKUNDA DIAMONDS & JEWELLERY and Winsome Diamond

    ReplyDelete
    Replies
    1. If do a little Google, you will know wimsome diamond did some fraud in the past, company is non functioning now, bankers cheated, why do you want to fiddle with such stocks

      Delete
  20. Sir- how do you see Salzer results this quarter? Do you see any impact to top line sales owing to loss of L&T as a client over the medium term ? Any change in views or are you positive long term?

    ReplyDelete
    Replies
    1. From where you got the info that Salzer lost L&T as a client ? . As per my understanding there is no change in their business relations and only the stake sold.

      Delete
  21. I was holding OrientBell since last 5 years. I sold @ 190 as I needed money earlier. Is it a good time to re enter this one?

    ReplyDelete
    Replies
    1. Main issues of this sector are - Lower demand situation from property development companies and dumping of cheap quality products from countries like China . Recently Ministry of Commerce & Industry indicated the possibility for imposition of anti dumping duty against Chinese import . If it happens soon it is expected to help Indian producers to a great extent.

      Delete
  22. Dear Vpji,

    I would like to know your views regarding Infinite computers. Performance of the company is good, promoters have increased their stack upto max. possible limit. They have Mr. Govil as a incharge of operation who has high reputation but still stock is trading at low valuation.I would like to know reason for such low PE. Is it price mismatch or I am missing something.

    Thanks in advance for your noble service.

    ReplyDelete
    Replies
    1. I have no idea about it and its promoters , hence no comments.

      Delete
  23. totally fraud site .... told to buy SRK INDUSTRIES, which is going down day by day...

    ReplyDelete
    Replies
    1. Please let me know where I suggested to buy a stock like SRK Industries to my readers ?. If you prove that ,that will be the end of this blog.

      Delete
    2. Sir pls ignore these kind of fame people who always try to diminish others..

      Delete
  24. Sir ur view on result if Magna Electrocasting

    ReplyDelete
    Replies
    1. It is really a surprise to see investors are not satisfied even with almost 100% increase in profit . Not sure whey people least bothered about the overall business situation in India and around the world.

      Delete
  25. what your view on css technergy?

    ReplyDelete
  26. Any idea on Mukta Arts which is having turn around of sorts with entry in multiplex business ?

    ReplyDelete
    Replies
    1. Yes, VP I'd like to know your opinion on Mukta Arts too, I am sure once you have a look you will find enormous value too, another multibagger in Making..

      Delete
  27. Hello sir, any views on prestige estates and dredging corporation ?

    ReplyDelete
  28. Dear Sir I need your opinion on jyoti resins & adhesives ltd at this level,My average in this stock is rs 50/share.What should i do now?

    ReplyDelete
    Replies
    1. Not strictly tracking it .Its operating cash flow is negative for past 5 years.

      Delete
  29. U r views on Century Ply, Greenply,uniply

    ReplyDelete
  30. Sir ..whats your call on mic after this Q4 results where they have big exceptional item and bad debt write-off...

    ReplyDelete

Followers

Tweet TopOfBlogs