September 29, 2011

Shervani Industrial Syndicate Limited - Annual Report - Comments

 ( Formerly known as Geep Industrial Syndicate Limited )

Chairman Emeritus

Mr.Azhar Nisar Shervani

Chairman

Dr. Kamal Kumar

Vice Chairman

Mr. Tahir Hasan

Managing Director

Mr. Saleem Iqbal Shervani

Directors

Mr. Saeed Mustafa Shervani
Mr. Kush Bhargava
Mr. Gopal Swarup Chaturvesi
Mr. Raju Verghese

For the Financial Year Ended 31-03-11

Turnover : 8 cr. 58 lakh

Net Profit
Rs. 85 lakh
MAT Credit Entitlement Rs. 61 lakh
Dividend
10 %

Highlights

First Real Estate project : Sterling Apartments successfully launched . Response Overwhelming . Company looking for land at prime location in Allahabad for its next project .

Subsidiary Company : Farco Foods Private Limited entered in to a job work agreement with Surya Foods And Agro Limited for five years for making  Priyagold biscuits. Production restarted from April 2011.

-----------------------------------------------------------------------------------------------------------------

December 05, 2009


Shervani Industrial Syndicate Limited ( GEEP )

HISTORY

Established in 1948 , at Allahabad , by the deeply patriotic and enterprising Shervani family , GEEP ( Great Eastern Electro Plating ) sought to contribute to independent India's self reliance in electroplating industry. Electroplating technology was used by it for manufacturing torches ( famous Geep brand ).In due course it began to produce batteries. In the post globalization scenario , Geep sold out its traditional torch / battery business to Multinational- Gillette.

PRESENT STATUS

Registered Office
: Shervani Nagar,
Sulem Sarai,
Allahabad- 211011

Chairman Emeritus :Azhar Nisar Shervani
Chairman : Dr. Kamal Kumar
Vice Chairman :Tahir Hasan
Managing Director : Saleem Iqbal Shervani
Whole Time Director : Raju Verghese
Directors : Saeed Mustafa Shervani ; Salma Hasan ; Kush Bhargava & Gopal Swaroop Chaturvedi

Share Capital Rs.Three Crore & Twenty Eight Lakh
Reserves Rs.54 crore
( Thus the Book Value is around Rs. 165/- per Rs. 10 paid up share.)

After closing down its battery / torches manufacturing facility at Allahabad , Shervani Industrial Syndicate Ltd. is , currently , in the process of selling machinery . It proposes to develop its very substantial and highly valuable land for REAL ESTATE projects.

To the best of our knowledge ( which please recheck ) the extent of land bank of Shervani Industrial Syndicate Limited in the posh Suleman Serai area of Allahabad is between 30 to 35 acres.

Shervani Industrial Syndicate is cash rich . Its sticky investment in Shervani Sugar Syndicate Ltd. have been provided for. There may be some gains  by way of recovery of amounts earlier provided for in the Books of Account here as sugar prospects had improved substantially .

Tara Snacks And  Foods Ltd. ( now renamed Farco Foods Limited) , a loss making entity ,is its subsidiary.

Another associate Company Shervani Hospitalities Ltd ( of which Shervani Industrial holds shares ) which has hotels in Nainital, New Delhi etc ( Nehru Place Hotel opening shortly )should be doing well as Hotel prospects have improved greatly.

For the financial year ended 31-03-09, Shervani Industrial Syndicate posted a net loss of around Rs.3 crore.( To maintain its track record of uninterrupted dividend payout , 5% was paid out of reserves )

In the current year , the Company seems to be doing reasonably well:-
Net Profit Q1 (ended June 2009) : Rs 150 lakh
Net Profit Q2 ( ended Sept 2009 ) Rs.14 lakh

Annual Report 2010

Net Profit ( Financial Year 2009-2010 ) Rs. 3 cr 79 lakh
Dividend : 8 %

REAL ESTATE PROJECT

" The Company has entered in to a builder agreement for development of property in to residential flats in the name of " STERLING APARTM
ENTS " in a very posh locality in Allahabad . Booking of the flats has commenced " - Directors' Report ( 2010 )

Shervani Industrial has declared a dividend of 10 % for the year ended 31 March 2011 .

No. of Shareholders : Around 1450


Listed at : BSE , Delhi Stock Exchange and UP Stock Exchange - Kanpur
Daily quotation is available at BSE( between Rs 24 and Rs.27 -More of Jobbing Activity )Share is only moderately liquid .
_____________________________________________________________________________

Shervani Industrial Syndicate ( Geep ) Book Value Jumps to 658 Per Share

In the Annual Report 2011-12 there has been a big jump of

Rs.155 crore  ( as Current Asset - i.e.Land as Stock in Trade ) as the company is now in the business of real estate and may have revalued the book value of its land at current valuations

As on 31-03-12

Share Capital - Rs.3 cr28 Lakh ( Face Value Rs. 10 0

Reserves : Rs. 210 crore

Book Value Per Share : Around Rs. 658
General Warning : Investment in Shares Can be Injurious to Your Wealth

All facts stated in good faith. Please recheck all points before taking any investment decision ( No responsibility with the writer or blog )

CAUTION : The writer has in his / family members' names holding in this Company. So make adequate " provisions " for any over optimism


Cheminvest Limited - Annual Report 2010-11

June 27, 2016


http://www.rareindianshares.info/2016/06/unlisted-max-india-promoter-companies.html
=====================
Registered Office :-

Max House ,
1 , Dr. Jha Marg ,
Okhla ,
New Delhi-110020

Board of Directors

Mrs. Hanit Mangat
Mr.Rakesh Inder Singh Chugh
Mr. KS Ramsinghaney
Mrs. Aruradha Rao
Ms. Piya Singh


As on 31-03-11

Equity : Around Rs. 3 crore ( Face Value per Share : Re. 1 )
Preference Shares ( Redeemable 30-09-2012) : Around Rs. 9 cr 30 lakh

Reserves : Around Rs. 3 Lakh

For Financial Year ending 31-03-11 , Cheminvest Limited has incurred  a loss of around Re 1 cr. 14 lakh

Cheminvest is a Holding Company of Max India Limited.

Cheminvest Limited holds around 99 lakh 71 ,000 shares of Max India Limited

---------------------------------------------------------------------------------------------------------------
General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )

Let Nano Cars Run in Pakistan


India - Pakistan Should Reduce Tensions


  There is deep concern about China exploiting , to India's detriment , the current US - Pakistan rift.

China props up Pakistan only to weaken India ( String of Pearls policy )India should reduce tensions with Pakistan so that China does not get an opportunist platform vis- a - vis India. Pakistan and India are the two most similar nations in so many ways ( Historically , Culturally , Religion etc. ) Surely friendship is better than enmity. Let Nano cars run in Pakistan . Tata Motors and its shareholders would gain. Pakistanis would get a very good car at a fraction of cost they currently pay.

By co-operating with Pakistan India can keep the other Powers out of this Region. We all know that Osama`s body was taken by the US to an Air Craft Carrier for sea burial . But what was a US Aircraft carrier doing in the Arabian Sea. Arabian Sea cannot be allowed to become Persian Gulf.

September 28, 2011

Delisted Shares - Buy List of Yogesh Mehta

YOGESH MEHTA BUY LIST

WE ARE BUY BELOW CO. PHYSICAL SHARES.
SEND YOUR SELL QTY & SELL RATE.
YOGESH MEHTA
09925236585   yjmehta@yahoo.co.in

1 Associated Fin Lease Limited
2 Atreya Petrochem Limited
3 Pretto Leather Industries Limited
4 The Chemo Pharma Laboratories Limited
5 Towa Sokki Limited

Buying Sandur Manganese ( Physical )

WE BUY SANDUR MANGANESE IN PHYSICAL FORMAT,PLS QOUTE,

My contact no.

9880072626

Bharat Nidhi - Guidance Wanted on Annual Report

vishwaas has left a new comment

Bharat Nidhi Ltd: I understand that Bharat Nidhi latest Balance sheet is with share holders now. I request expert shareholders to study the Balance sheet and and reveal if there are any encouraging highlights affecting price of this hidden gem adversely or favourably and what is the present fair price of this share in the prevailing market conditions where Highly liquid shares are available at 52 week lows and can rise 100 percent in2 to 3 years. Any social welfare minded persons have answer to these questions as I know that traders will never like to discuss these things in the open forum like this Blog. Thanks to Aswankumarjee for the opportunity provided in this Blog For genuine exchange of information and discussions. May I hope that there would be some who have the ability to answer my posers re Bharat Nidhi.?

September 26, 2011

Buying Sistema Tamilnad Mercantile Simpson Bharti Teletech - Dilip Surana

We buy shares of following companies
Sistema shyam tele  
Tamilnad mercantile bank
Simpson & co ltd
Bharti Teletech ltd  ( beetel teletech Ltd)
Seller can give their offer on  dilipmsurana@gmail.com
9840278351

--
Strides Financial Services
"Arihant Plaza"  First floor
84-85,Wall Tax Road,
Park Town, Above SBI
CHENNAI 600003
Mobile   09840278351  



-------------------------------------------------------------------------------------------------


Please Consult All Dealers For Latest Rates and Availability of Rare Shares

ACTIVE DEALERS OF RARE SHARES


ANIL GOEL

09896444123
goelgoelbrothers@gmail.com 
goelgoelbrothers@ymail.com  .

MANISH

9958006642

NILESH KOTAK

09274038842

http://www.nileshkotak.com:9080/NileshKotak/BaseHandler?module=home&doaction=view 

DHARAWAT

08108303330 or dharawat1@gmail.com


SANDIP GINODIA

 ABHISHEK SECURITIES,
sandipginodia@vsnl.net

9830271248
http://www.abhisheksecurities.com/unlisted.htm


3A CAPITAL SERVICES

Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com

http://www.3aindia.com/selling_share.aspx


NIRAJ KAJARIA

9831077353, 9830022485, 9830012269,9433092689
033 32930043/0129 Fax : 033 24795170nkajaria@yahoo.com, kajaria16@gmail.com


TANYA

9871162597

PARDEEP TANTIA

M-9873245550

Dilip Surana

Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI

CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121

dilipmsurana@gmail.com
Website : www.investorinfo.in


pankil shah
veerajbroking@ymail.com
9898616232


Mittal Portfolios Pvt. Ltd.,

Contact No. :
9215709100
9811016186

email :
info@mittalportfolios.com
mittalankit2003@yahoo.com

( List Incomplete - To Be Expanded )  

September 21, 2011

Nilesh Kotak - Buying / Selling List


WE ARE BUYING IN DEMAT ONLY

PILLANI INVESTMENT 1800
HINDUSTAN VIDHUT 1200
BOSCH CHASIS 350
EATON POWER 70
CARRIER AIRCONDITION 70
ESSARSTEEL 45

WE ARE SELLING

TCS ESERVE 3650

GUJNRE MINERAL 30

JALLANDHAR MOTOR 170

FRICK INDIA 725

OSWAL AGRO 37
MATRIX LAB 200
SHRENO 2800
MADRAS ALLUMINIUM 150

PL.CONTACT ON 09274038842

OFFER VALID TILL STOCK NO BARGAIN IN RATE

NILESH KOTAK

----------------------------------------------------------------------------------------------------------


Please Consult All Dealers For Latest Rates and Availability of Rare Shares

ACTIVE DEALERS OF RARE SHARES


ANIL GOEL

09896444123
goelgoelbrothers@gmail.com 
goelgoelbrothers@ymail.com  .

MANISH

9958006642

NILESH KOTAK

09274038842

http://www.nileshkotak.com:9080/NileshKotak/BaseHandler?module=home&doaction=view 

DHARAWAT

08108303330 or dharawat1@gmail.com


SANDIP GINODIA

 ABHISHEK SECURITIES,
sandipginodia@vsnl.net

9830271248
http://www.abhisheksecurities.com/unlisted.htm


3A CAPITAL SERVIVES

Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com

http://www.3aindia.com/selling_share.aspx


NIRAJ KAJARIA

9831077353, 9830022485, 9830012269,9433092689
033 32930043/0129 Fax : 033 24795170nkajaria@yahoo.com, kajaria16@gmail.com


TANYA

9871162597

PARDEEP TANTIA

M-9873245550

Dilip Surana

Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI

CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121

dilipmsurana@gmail.com
Website : www.investorinfo.in


pankil shah
veerajbroking@ymail.com
9898616232


Mittal Portfolios Pvt. Ltd.,

Contact No. :
9215709100
9811016186

email :
info@mittalportfolios.com
mittalankit2003@yahoo.com

( List Incomplete - To Be Expanded )  

September 20, 2011

Selling 100 Bharat Nidhi @ 10,750 - Deepti

Deepti S.

Have 100 Bharat Nidhi Shares. Selling Price: INR 10,750. Immediate transfer.

Interested buyers contact me at spfamily.a@gmail.com

---------------------------------------------------------------------------------------------------------------

Please give your Contact No. 

Buying Oswal Agro @ 33 - Dilip

We Buy shares Of Oswal Agro Mills Ltd @ 33  seller can contact Mr Dilip 09840278351    dilipmsurana@gmail.com

--
Strides Financial Services
"Arihant Plaza"  First floor
84-85,Wall Tax Road,
Park Town, Above SBI
CHENNAI 600003
Mobile   09840278351  


-----------------------------------------------------------------------------------------------------------


Please Consult All Dealers For Latest Rates and Availability of Rare Shares

ACTIVE DEALERS OF RARE SHARES


ANIL GOEL

09896444123
goelgoelbrothers@gmail.com 
goelgoelbrothers@ymail.com  .

MANISH

9958006642

NILESH KOTAK

09274038842

http://www.nileshkotak.com:9080/NileshKotak/BaseHandler?module=home&doaction=view 

DHARAWAT

08108303330 or dharawat1@gmail.com


SANDIP GINODIA

 ABHISHEK SECURITIES,
sandipginodia@vsnl.net

9830271248
http://www.abhisheksecurities.com/unlisted.htm


3A CAPITAL SERVIVES

Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com

http://www.3aindia.com/selling_share.aspx


NIRAJ KAJARIA

9831077353, 9830022485, 9830012269,9433092689
033 32930043/0129 Fax : 033 24795170nkajaria@yahoo.com, kajaria16@gmail.com


TANYA

9871162597

PARDEEP TANTIA

M-9873245550

Dilip Surana

Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI

CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121

dilipmsurana@gmail.com
Website : www.investorinfo.in


pankil shah
veerajbroking@ymail.com
9898616232


Mittal Portfolios Pvt. Ltd.,

Contact No. :
9215709100
9811016186

email :
info@mittalportfolios.com
mittalankit2003@yahoo.com

( List Incomplete - To Be Expanded )  


Delisted Shares Selling List - Contact Yogesh Mehta

YOGESH MEHTA SELLING LIST
SEND YOUR BUY RATE ON
YJMEHTA@YAHOO.CO.IN OR 09925236585
 
MY PHISICAL HOLDING BELOW.
SR NO Scrip CODE Scrip Name NO OF SHARES
1 523896 AVI PHOTOCHEM LTD 100
2 524366 CLARO INDIA LTD 20
3 511435 COIMBATORE LAKSHMI INVESTMENT & FINANCE COMPANY LTD. 100
4 521137 EUREKA INDUSTRIES LTD 100
5 517080 HIGH GROUND ENTERPRISE LTD 100
6 511391 INTER GLOBE FINANCE LTD 200
7 500281 MODERN SYNTEX (INDIA) LTD 150
8 521105 OLYMPIA INDUSTRIES LTD 200
9 517242 ONIDA SAKA LTD 340
10 517292 PACE AUTOMATION LTD 100
11 514017 PARASRAMPURIA SYNTHETICS LIMITED 392
12 519178 PREMIER PROTEINS LTD. 200
13 523315 PURITY FLEX PACK LTD 66
14 514177 RISHAB SPECIAL YARNS LTD 100
15 514197 S&T CORPORATION LTD 600
16 511433 SDFC FINANCE LTD 200
17 521003 SHIVA SUITINGS LTD 150
18 530913 SHRI BHAGAVATI BRIGHT BARS LTD 600
19 526211 SURAJ INDUSTRIES LTD 200
20 524484 TRANS MEDICARE LTD 100
21 519451 VADILAL DAIRY INTERNATIONAL LTD. 200
       
    TOTAL 4218

MY DEMAT HOLDING BELOW.


SR NO Scrip CODE NAME NO OF SHARE
1 530833 ABEE INFO-CONSUMABLES LTD 100
2 514113 ADINATH TEXTILES LTD. 500
3 500154 FUTURISTIC OFFSHORE SERVICES & CHEMICAL LTD. 100
4 511441 GUJARAT CREDIT CORPORATION LTD. 100
5 511613 HARVIC MANAGEMENT SERVICES (INDIA) LTD. 1000
6 500195 HOTLINE GLASS LTD 100
7 526887 INDO CREDIT CAPITAL LTD. 200
8 500208 INDU NISSAN OXO-CHEMICAL INDUSTRIES LTD. 50
9 500232 JORD ENGINEERS INDIA LTD. 185
10   KESORAM TEXTILES MILLS LTD 250
11 509732 KOTHARI INDUSTRIAL CORPORATION LTD. 30
12 500262 HYBRID FINANCIAL SERVICES LTD. 300
13 530113 MARDIA EXTRUSIONS LTD. 100
14 523698 MIDLAND PLASTICS LTD 100
15 526059 NAMASTE EXPORTS LTD. 100
16 531077 NEPC PAPER & BOARD LTD. 100
17 521192 NEPC TEXTILES LTD 10
18 514223 RAMGOPAL POLYTEX LTD. 400
19   RUNEECHA TEXTILES LTD 500
20 514209 SHAMKEN COTSYN LTD 100
21 500391 SM DYECHEM LTD 2
22 515003 SPARTEK CERAMICS IND 6
23 517548 STARLITE COMPONENTS LTD. 500
24 522271 UNION BEARINGS (INDIA) LTD. 200
25 500138 UNIWORTH TEXTILES LTD. 75
26 530293 WILWAYFORT INDIA LTD. 100
       
    TOTAL 5208

September 16, 2011

Dont press #90 or #09 on mobile

Dont press #90 or #09 on mobile 
 

Please take care IF SOME ONE ASKS YOU TO DIAL #09 or #90.
Please Do Not Dial This When Asked.
 

Please circulate URGENTLY.
New Trick  to Frame Innocent People!!
If you receive a phone call on your Mobile from any person saying that they are checking your mobile line, and you have to press #90 or #09 or any other number.
End this call immediately without pressing any numbers.
Team there is a fraud company using a device that once you press #90 or #09
they can access your SIM card and make calls at your expense.
Forward this message to as many friends as u can, to stop it.
This information has been confirmed by both Motorola and Nokia.
There are over 3 million affected mobile phones.
You can check this news at CNN web site also.
 
http://www.chennai.bsnl.co.in/News/MobileDosNDonts.htm

BHARAT SANCHAR NIGAM LIMITED
(
A Government of India Enterprise )

September 15, 2011

Cadbury India Limited - Annual Report 2010 - Comments

Chairman

CY Pai

Managing Director

Anand Kripalu

Non Executive Directors

Harsh Mariwala
Radhakrishnan Menon

Executive Directors

Atul Bhata
V Chandramouli
Sree Patel
Jaiboy Phillips
Rajesh Ramanathan
Frans Ryden
Narayan Sundararaman
Sunil Taldar

Company Secretary

Barkha  Bordia


Year Ended 31-12-2010

Sales ; 2503 crore

Gross Profit : Rs. 314 cr

Net Profit : Rs. 209 cr

EPS : Rs.67 / 20 p.

Dividend : 20 %

Share Capital : Rs. 31 cr 07 lakh

Reserves : Rs.701 cr 29 lakh

Plants at

Thane
Induri ( Maharashtra )
Malanpur ( MP )
Baddi ( HP )
Bangalore

Chairman's Statement ( Page 1 - Annual Report 2010 )

 "2010 was another good year for Cadbury India Limited . Our net sales grew by 29 . 4 % over 2009 and our profit before tax grew by 6 . 4 %.

" The robust growth was fuelled by superior product innovation and sustained investment behind our power brands ---- "

http://www.kraftfoodscompany.com/in/en/Brands/index.aspx
=========================================================================

Blog's Comments

http://seekingalpha.com/news-article/1520805-cadbury-kraft-india-one-of-fastest-growing-operations-for-kraft-globally

EPS is Rs. 67 / 20 .Cadbury India Limited 's Peer Nestle India quotes ( in a depressed Share Market ) at PE of 46 .
http://www.moneycontrol.com/india/stockpricequote/foodprocessing/nestleindia/NI

This PE ratio puts the Market value of one share of Cadbury India Limited at Rs. 3100 /- per share. Considering that it is a Compulsory Back  back and the positive re rating of Cadbury India Limited because of Krafts Foods Brands like Tang , the Buy back should be at Rs. 4500 /- + per share.

There are around 8,159 remaining non promoter shareholders who together own 2.42% stake in Cadbury India.

http://www.rareindianshares.info/2011/01/cadbury-india-limited.html

http://www.rareindianshares.info/2011/01/cadbury-quit-india.html

HUM MEHNAT KASH ISS DUNIYA SE
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY
( Josh Malihabadi )


-----------------------------------------------------------------------------------------------------------------

Cadbury India Doing Very Well - Link to LiveMint Post

Please click the Link :-

http://www.livemint.com/2012/03/28220439/Cadbury-India-hopes-to-sustain.html

===========================================================================

Blog :Important Consideration For Investors . A Court Case is pending For Compulsory Acquisition From Minority Share Holders 
==========================================================================
Caution : Please recheck and recalculate  every figure and fact before taking any investment decision. No responsibility with this Blog / Writer

General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )

Frick India Limited- Annual Report ( 2010-11 ) - Comments

Frick India Limited as on 31-03-11 has a Share Capital of Rs. 60 lakh ( Rs. 10 paid up shares ) and Reserves of Rs. 6736 lakh , giving it a Book Value of  around Rs. 1133 per share.
No. of Shareholders ( 31-03-11 )- 2211

In the APPLICATION OF FUNDS ( Page 23 - Annual Report - 2010-11 )

Frick India Limited has Rs. 1733 Lakh in Investments ( mainly mutual funds ) and its Net Currents Assets ( i.e. Current Assets minus Current Liabilities ) stand at Rs. 5112 lakh.

Even if we deduct Rs. 1207 lakh of debt on its Balance Sheet , Frick India Limited has liquid funds worth Rs. 5638 lakh or Rs. 940 per share.(  Additionally ,the factory is on a 25 acre prime land  on GT Road ( Mathura Road ), Faridabad .)

FUTURE PLAN OF ACTION ( Page 4 - Annual Report -2010-11 )

The Company has entered into an Agreement with Vilter , USA to manufacture complete range of high efficiency reciprocating compressors for export to Vilter under the Buy-back clause of this Agreement and for export to various other international territories . This process would continue

The Company is continuing to upgrade its Design and Engineering Department in order to be in a position to undertake Malls , Naval and Office Air - Conditioning and Ventilation Jobs.

http://www.rareindianshares.info/2011/05/frick-india-limited.html

 ========================================================================


Frick India Q3 Results EPS Rs. 69 Excellent

Excellent Top line and Net Profit Growth

First Nine Months EPS equals nearly last full ( 12 months ) year's EPS

=======================================================================

For Q3 ( 3 Months Ending 31-12-11 )            

Sales Rs. 41 Cr                                                          

Gross Profit : Rs. 5 : 31 Cr                                           

 
Please Click on Image
Net Profit  4 : 14 Cr                                                  

EPS 69                                                                           

========================================================================



         For First 3 Quarters ( 9 Months Ending 31-12 -11 )                                                   Sales 101 Cr

                                      Gross Profit 11 : 17 Cr

                                             Net Profit 8 : 71 Cr.
                                                       EPS 145  

-------------------------------------------------------------------------------------------------------------


Frick India Excellent 2011-12 Results EPS Rs. 174

Sales : 157 cr

Gross Profit :15 cr 28 Lakh

Net Profit : 10 cr 42 lakh

EPS Rs .174

Share Capital Rs. 60 Lakh
Face Value Rs. 10 ( Total Shares 6 Lakh )

Percentage of Promoter Holding : Around 64 %

( Please Recheck Independently - Information Given In Good Faith )



Caution : Please recheck and recalculate  every figure and fact before taking any investment . No responsibility with this Blog / Writer

General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )

Otis Elevator- Results

Please Click on Image to Enlarge


 In case the readers want the full copy of the Annual report, please send me a request.
Regards,

Satyakam Mishra

Shares of Stock Exchanges - Their Listing - Satyakam Mishra


Stock Exchange Listings – Just a fairly Tale

Mr. Dharawat writes that shares of BSE, NSE, and other regional stock exchanges will once again be in fancy very soon. 

Can Mr. Dharawat can kindly elaborate which regional stock exchange is currently fancied or will be begin to get fancied. The finances of most them are in tatters. DSE is yet to start functioning despite numerous assurance and promises for past two years.

BSE stake sell was at Rs 400 and now is available at Rs 200 or less, similarly DSE was valued at 140 per share while it issued stake and now is available at Rs 20-30. Price Waterhouse reported CSE with Intrinsic Value at Rs 6100 but the shares available at less the Rs 1900 now.

The main income these stock exchanges are generally from the bank deposits and rental income and nothing from trading. Personally I don’t see the reason for countless stock exchanges when two efficient ones can do the wonder.

I don’t want to sound like a hell’s angel, so though the listing of stock exchange harbors well for the market but I don’t perceive any of them listing in near future except few of them.

While on the other side, in a move that has stirred a controversy, the now-moribund Delhi Stock Exchange (DSE) has paid Rs 11.37 crore upfront to three media organisations — Television Eighteen India Ltd (TV18), New Delhi Television Ltd (NDTV) and Bennett Coleman & Co Ltd (BCCL) towards advertisement services over the next three-five years. In its annual general meeting on September 30, some prominent shareholders of DSE doubted the need for paying the amount upfront to the media outfits especially when there has been nil trading for the last five years on the exchange.  So we have dreadful corporate governance at them and since most of the broker members are the directors in the Board, they siphon off money from the companies.

Jignesh Shah-promoted Financial Technologies (part owner of MCX), had picked up a 5 per cent stake in DSE and was also been roped in as a technology-cum-business partner. It was awarded a contract to start an online trading platform for DSE but we are yet to see that starting corporate governance level at the DSE.

All the exchange hopes to start and plans to apply with capital market regulator, Sebi, for starting an exclusive exchange for small and medium enterprises but on ground we see no activity.

Moral of the Story: Be realistic and do not aim to sound akin to the Pied Piper of Hamelin. For the Un-initiated with the folklore about the Pied Piper of Hamelin

Merriam Webster definitions of Pied Piper of Hamelin
1.     a charismatic person who attracts followers
2.     one that offers strong but delusive enticement
3.     a leader who makes irresponsible promises

Disclaimer: I personally hold stock of Ahmadabad Stock Exchange, Delhi Stock Exchange, Calcutta Stock Exchange, Bombay Stock Exchange, Bangalore Stock Exchange, Madras Stock Exchange and MCX and have seen fall in valuation in each of them. But that should not prevent someone from making their individual investment call.

Satyakam Mishra 

reachsatyakam@gmail.com
http://equityconnect.blogspot.com/