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Emerging companies - Mid caps that can become large cap
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Emerging companies - Mid caps that can become large cap
Message Icon Topic: Think Tanks, Think Sintex Post Reply Post New Topic
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Mr. V
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Quote Mr. V Replybullet Posted: 06/Feb/2009 at 11:53pm
Any idea as to why it has gone down from 140 levels to 109 with 2-3x average volumes over the last five sessions ?
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Hitesh Shah
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Quote Hitesh Shah Replybullet Posted: 10/Feb/2009 at 5:38pm
Because of this?
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Mr. V
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Quote Mr. V Replybullet Posted: 10/Feb/2009 at 11:55pm
T Rowe Price picked up 1.5m shares today.
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Mr. V
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Quote Mr. V Replybullet Posted: 25/Feb/2009 at 12:45pm
This is now available at 90 levels. Looks like the market is factoring a massive degrowth.
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basant
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Quote basant Replybullet Posted: 25/Feb/2009 at 5:22am
Can someone quote the estimated financials for Fy10?
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Quote Mr. V Replybullet Posted: 25/Feb/2009 at 8:10am
FY09 net profit will be around 270 cr. Company feels FY10 will be flat which would mean EPS of Rs 20.

Company raised truck load of cash through QIP and FCCB just before the Jan crash.
Cash & Cash Equivalent is around 1600 cr. This includes about 900 cr in FCCB  money but these bonds are due for conversion in 2013.

Sintex acquired a bunch of companies in the US, France and other european countries. These acquired companies are into composites, plastics and auto plastics components. Sintex is planning to move the manufacturing to India.
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Hitesh Shah
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Quote Hitesh Shah Replybullet Posted: 03/Mar/2009 at 11:32am
Another dukhi aatma stock now at 85/- Ouch
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manishdave
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Quote manishdave Replybullet Posted: 04/Mar/2009 at 2:40pm
Originally posted by Hitesh Shah

Another dukhi aatma stock now at 85/- Ouch
 
 
Some of the dukhi aatma stocks are not Ouch but Big%20smile. It is wonderful opportunity to get this stock at this prices. I keep on adding and will keep on adding as price decline.
 
They have cash, orders, brand, good product line. I don't see anything wrong other than shares held buy troubled institution. It reminds me Karur Vysya in 2000. When whole mkt was soaring, Karur kept on going down boz Jadin Fleming was selling constantly despite of good results.


Edited by manishdave - 04/Mar/2009 at 2:41pm
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