Originally posted by Crazy

biks go steal it.[/QUOTE]


Wonder whether the above comment was an attempt:

1. at humour
2. to justify your nick (CRAZY)
3. to provoke

If it's the first, may I suggest you hone up your skills by first sharpening your mind; I recommend 'emery paper' ... it pretty much sharpens almost all inanimate (read DEAD or LIFELESS) objects...

If it's the second or third, well, congrats! you succeeded...

- biks




Edited by biks - 12/Apr/2010 at 1:42am

Originally posted by j2eeprofessiona If you are referring to Geometric as a dud, then I beg to differ with your opinion... Geometric may not have performed for RKJ, but at the current rate & future outlook, I think it is a steal... - biks

hmm....what makes you see value in it. can you elaborate further ?[/QUOTE]


Geometric is a Godrej Group company that holds proficiency in the field of engineering solutions, services & technologies primarily focusing on adding value through rationalization in Product Life Cycle Management in segments such as Farm Equipment, Industrial Engineering, Marine Engineering, Construction Equipment and Automotive.
Geometric has an enviable client list & finds favour with most of the leading companies across the globe as almost all biggies have moved towards outsourcing engineering services to pare down costs as well as focus on their core competency.
Geometric's 9 month results (Dec. 2009) portray a robust growth in opm (which now stands at 17.5%) & net profit (up an impressive 39%)...
Apart from this, what pleases me is the fact that they have hedged themselves against the rupee appreciation for the next six months, which I believe is crucial at the current juncture.
The EPS for FY 10 should be around 8/- & I expect it to grow at a healthy 30% for the next couple of years...
Also, it would be pertinent to mention that Geometric has been relatively left unscathed in the recent global turmoil and is not expecting any defaults on collectibles. Besides, it's order book has slowly but surely started swelling...
I could add more info but at 2:36 AM, my mind is at best fractionally ahead of CRAZY's during his peak activity...
So, I allow myself to succumb to sleep...

- biks zzzzzzzzzzz

Originally posted by basant If a stock does not perform for 5 to 7 years you need nerves of steel to hold it.:)

Not just the stock price, even the profits have gone nowhere over the past several years.

Originally posted by Alok Bhola Originally posted by basant If a stock does not perform for 5 to 7 years you need nerves of steel to hold it.:) Not just the stock price, even the profits have gone nowhere over the past several years.

Let me illustrate my point...
I remember as a schooling kid, I was overawed by Wimco (then a FERA co.), Shree Mahalakshmi Match Works (then quoting at around Rs. 10,000/- for a Rs. 100/- face value share), Cipla, Zandu etc. on account of their astronomical market price. While a majority of such companies eventually had to bite the dust, some continue to perform and enamour investors...
On the other hand, I also recollect ACC tumbling down to Rs. 140/- (Rs. 100/- F.V. Share) & staying there for a long long time till Darbari Seth came along & radically changed the game plan... It thereafter climbed beyond Rs. 10,000/- during Harshad Mehta's reign...

The point I am trying to make is this:
Companies that have intrinsic value & good management are able to tide over the troubled times & come back to rule with a vengeance...
While I am not a proponent of 'timing the market', it obviously makes sense to move out of even blue chips hampered by external or internal negatives, only to come back when better times beckon...
It is a fact that Geometric has not performed to the level one expected, but I think its about time it starts shining...

- biks