August 17, 2017
Share Dealers are sending letters to individual share holders of Frick India offering to purchase their shares.
Frick India has a very small capital base ( 6 lakh shares of Rs. 10 each ) . It is asset laden ( including owning 25 acres of Prime Land on GT Road , Faridabad , Delhi NCR ). Very profitable and massive Book Value ( It can easily give 10 :1 Bonus if it wants to ).
There are very few shares left with individual Non Promoter share holders . Very Low floating stock.
( Unconfirmed Sources suggest the present value of Frick India 's Faridabad land upwards of Rs.100 crore per Acre - PLEASE RECHECK THIS INFORMATION )
June 03, 2016
Frick India 2015-16 Profits Nearly Double, EPS Rs.195, Book Value Rs.1825
Sales : Rs 200 cr 70 lakh
Gross Profit Rs. 18 cr
Profit Before Tax Rs. 16 cr 28 lakh
Net Profit : Rs. 11 cr 69 lakh
EPS : Rs.194 / 83 p
Dividend : 25 % ( Rs.2 / 50 p )
As on 31 /03/2016
Share Capital : Rs. 60 Lakh ( 6 Lakh Shares of Rs. 10 each )
Reserves :Rs.108 crore 90 lakh
Book Value Per Share : Rs.1825
Blog Comments : -
Frick India is market leader in Industrial Refrigeration.With Govt. emphasis on Food Processing / Food Preservation Prospects are very Bright.
Frick India 's Balance Sheet has many Hidden Assets.
Example : -
Frick India owns 25 acres of Prime Land on GT Road , Faridabad ( NCR ).Current land prices could be upward of Rs. 100 cr Per acre ( Please Recheck this Information )
Frick India was an exclusively Delhi Stock Exchange Company.DSE, now , officially closed .
Frick India now has to List at BSE / NSE at per SEBI directions
Presently on Dissemination Board of BSE
For More on Dissemination Boards ( DB ) and How DB works.
For More on Frick India , please click :-
August 20, 2016
Frick India- Annual Report -2015-16 - Excerpts - Comments
General Warning : Investment in Shares Can be Injurious to Your WEALTH
Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.