Nucleus - Can it become another I-flex?
Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Emerging companies - Mid caps that can become large cap
Forum Discription: These are companies operating in growing markets having have certain niches or specific attributes like new sector plays. These are emerging multibaggers with high risks and high rewards.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=694
Printed Date: 04/May/2025 at 8:55am
Topic: Nucleus - Can it become another I-flex?
Posted By: omshivaya
Subject: Nucleus - Can it become another I-flex?
Date Posted: 08/Jan/2007 at 8:41pm
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Nucleus Software Exports Limited, a provider of software products for the financial sector, has announced selection of FinnOne CAS, Loan Management and Collections Suite, by YES BANK.
Note to myself: Now isnt this great, both my lovebirds hand in hand, singing a beautiful duet. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Replies:
Posted By: kulman
Date Posted: 08/Jan/2007 at 9:00pm
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Note to myself: Now isnt this great, both my lovebirds hand in hand, singing a beautiful duet.
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Om jee, if you may wish to sing a classic from Kohinoor:
Do sitaaron kaa zameen par hai milan aaj kee raat muskuraataa hain ummeedon kaa chaman aaj kee raat rang laaee hain mere dil kee lagan aaj kee raat saaree duniyaan nazar aatee hain dulhan aaj kee raat ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: basant
Date Posted: 08/Jan/2007 at 9:03pm
Kulmanji: DO you remember all these songs by heart or is there a ready reckoner in hand. As for the presence of mind it is really exceptional. ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: kulman
Date Posted: 08/Jan/2007 at 9:07pm
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I have books on (old hindi) song lyrics...lots of Diwaans (compilations of urdu Ghazals) and of course some useful websites on lyrics do help a lot!
And as for presence of mind...an empty mind is a devil's workshop, isn't it?
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: omshivaya
Date Posted: 08/Jan/2007 at 9:07pm
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Ahh! Nice duet Kulmanji. You really have a great mind for poetry, songs etc. That was pretty darn fast. By the way Basant sir, question for you on TV18 board. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: India_Bull
Date Posted: 08/Jan/2007 at 9:13pm
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Omjee,
Aaapne to ye khabar sunake to ek hi patthar main Do birds mar diye !!
Nucleus bhi khush , Yes bank bhi Khush aur RD bhi Khush( for tomorrows Nucleus,Hitachi, VIP prayer !!) ------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: omshivaya
Date Posted: 08/Jan/2007 at 9:48pm
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Ya thanks Sandeep ji. Somewhere down the line, we were all expecting Yes Bank to go into Retail and I had made a wild guess in my mind that maybe Nucleus would be picked(bcoz if its niche specialization being into retail and loans), and more so bcoz Yes Bank didnt have any legacy issues and hence would pick up only the best software provider, rather than make a decision, in some way affected by its legacy computer systems. I didnt think it would be so soon though. Anyhow, this is good news. I however wonder if they took "Nucleus' new model of sharing a part of their loan portfolio instead of paying them a huge sum at the beginning". Yes Bank is an ideal candidate for this as Yes Bank is just getting started in Retail and if it does grow its loan clientle in a big way(which I hope), then Nucleus's own revenues would keep increasing, as Yes Bank grows.
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: xbox
Date Posted: 08/Jan/2007 at 4:37am
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http://www.theequitydesk.com/forum/member_profile.asp?PF=149&FID=30 - omshivaya jee, even indiabulls have some product from nucleus soft. They are not into core-banking unlike INFY and i-flex. It has some retail loan/wealth-builder software. It is gr8 news that YES bank has selected them.
Apke aam to aam hai, guthaliyo ke bhi daam mil rahe hai. Kya baat hai!!!.  ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: basant
Date Posted: 08/Jan/2007 at 7:03am
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On a serious note a professionally manageged Bank going with a product from Nucleus is really good news for all those Nucleus investors. I think Om SHivaya has created more conviction about Nucleus then RD through his Tuesday chats. ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: kulman
Date Posted: 08/Jan/2007 at 7:07am
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Isn't it ironic: Aaj Mangalwar hain!
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: omshivaya
Date Posted: 08/Jan/2007 at 10:23am
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Rumour has it that Nucleus could do an EPS of around 50 in FY08. The stock has still not been re-rated. It is hopefully a 40% grower for the next 5 years, going by what all I have heard and read and learnt about this firm. It still trades at a PE of around 13-14 FY08, currently. A PE of 20 would be reasonable and a rerating could take the PE upto 30 possibily in the future, who knows. Wild guesses! Maybe someday in the future that re-rating may happen, so medium to long-term investors still have a chance to get a good steady compounder in their portfolio.
However, I may be wrong, so do your own due diligence everyone before taking any action. Any price around 650-680 is a good place to get in, personally speaking...though I am no expert!
And lastly, thanks for all those kind words everyone. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 08/Jan/2007 at 10:51am
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Thanks Basant ji, for creating a new thread. Now, I can post any news and updates that I get on the intrenet, on what Nucleus is upto, right here. Thanks very much. I shall start rightaway with some recent interviews and others views on Nucleus. However, anyone reading this, please understand that this is not a "recommendation thread". It is only a "fyi"(for your information) thread.
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 08/Jan/2007 at 10:53am
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9 stocks shine in brokerages' portfolio- January 07, 2007 Considering no one even talked about Nucleus much before this year-end(except RD ji maybe), this is a +ve surprise.
Parmar expects product company Nucleus Software’s sales to grow at 42 per cent and net profit at 47 per cent. At Rs 695, the scrip is available at 13.9 times FY08 estimated earnings. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 09/Jan/2007 at 12:06pm
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Ok, just saw Nucleus' Vishnu ji's interview in Businessworld's latest issue!
Jist of the interview for me: Nucleus products currently deployed in 20 countries. Has orders already in hand to ensure presence in 80 countries by 2008. Finally, by next 5-10 years, vision is to deploy their product in every country in the world, that is Nucleus should have a *Nucleus presence in every country in the world in next 5-10 years
*FYI: Nucleus means core, just did a random check in thesaurus in MS-WORD  ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: investor
Date Posted: 09/Jan/2007 at 1:49pm
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omshivaya, good to finally see a thread on nucleus. I have been on and off trading in this counter ever since RD first recomended it long back at Rs. 40 levels(pre-bonus). Obviously its a no-brainer that if i had held on, it would've been a 40 bagger by now!  Anyways, my question to you this - between TECH MAHINDRA and Nucleus, which one is better, lets say for a 18-24 month perspective, and assuming one is planning to enter now(dosent hold anything currently). Or is it better to make a basket out of the two? |
Posted By: omshivaya
Date Posted: 09/Jan/2007 at 2:34pm
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Tech. Mahindra is in a different league, it plays the letelcom vertical and its growth is going to be good(as per the buzz I am hearing). I dont follow it.
Nucleus you can definitely hold in your portfolio, but with a 3 year perspective, keeping an EPS of 35 for FY07 and an EPS of close to 50 for FY08. PE expectancy of 20(reasonable) to 25(maximum)is okay, for Trailing Twelve Months and not forward earnings.
Nucleus should be in the Top 10 picks of any "Growth portfolio". However, think of Nucleus as a steady compounder rather than an explosive growth. 40% CAGR for next 5 years is reasonable at these levels.
Rs. 650 to 680 I personally is a good entry area. Also, in case of market crash, Nucleus may fall similarly as any midcap would.
Tech. Mahindra is also good. If I were in your shoes, I would put 60% of the planned deployment in Nucleus and 40% in Tech. Mahindra. It is also possible that Tech. Mahindra may give higher CAGR than Nucleus for 1-2 years , but for 5-10 years I would choose Nucleus. This may be because I have researched on Nucleus and NOT Tech. Mahindra. Anyone following Tech. Mahindra, I would love to hear his view for Tech. Mahindra for next 5 years and their vision etc.
Hope this helps investor ji. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: investor
Date Posted: 09/Jan/2007 at 3:12pm
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Thanks for the views omshivaya, i really appreciate it. What do you think is a good entry point in Tech Mah? Waiting for a correction seems to be futile as it never seems to happen, even yesterday when markets crashed it was holding very strongly. |
Posted By: omshivaya
Date Posted: 09/Jan/2007 at 3:25pm
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Oh, I would ask Bubble ji in that case. I myself refer to him for entry points. He is good with fundamentals of course, but also has a good idea of entry points. Maybe you can PM him. I dont follow Tech. Mahindra, so would be futile commenting on the same. Good Luck sir.
I am sure you must be knowing this, but I dont wanna give any new member or any guest visiting this forum thw wrong idea, so would just like to add that: "Entry points are just an added cushion to a stock, which has to be preceded by strong research on the fundamentals of the company first. Entry points do not guarantee that the price wont fall substantially below that entry point, after one buys the stock the entry point. As mentioned earlier, it is just an added cushion, perspective, edge...whatever you wanna call it".
So that being said, Bubble ji still is the best FBC ("Fundamentals-Based" Chartist) in this forum, as opposed to TAUs ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: PrashantS
Date Posted: 09/Jan/2007 at 3:34pm
| Well honestly it is expenisive ........(Tech mahindra) but again u pay high for high growth stock...........and it will be hard to get as it will be under everyones radar.........People love to trade on this stock........ |
Posted By: kulman
Date Posted: 09/Jan/2007 at 10:38pm
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Om jee....................
Nucleus has following interesting meanings as per dictionary:
May be of interest to you.... ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: omshivaya
Date Posted: 09/Jan/2007 at 11:03pm
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Yes, in Physics, Nucleus is the core around which the Protons and Electrons revolve. Electrons are responsible for electricity when they have a proper direction. Thanks for your inputs Kulman jee. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: BubbleVision
Date Posted: 09/Jan/2007 at 10:26am
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Om -- could you define a Fundamental based "Chartist".....I am Just Technical Analyst and dont take any fundamental help on my views...I would like to request you to modify that post. ------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: omshivaya
Date Posted: 09/Jan/2007 at 10:49am
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Uhmmm....well in that case, I shall post this message here to clarify things. In my view, a FBC would one who goes thru the fundamentals of the company first thoroughly and then uses Technical Tools as a decision-making tool for entry and exits. Since you mentioned you only use Technicals and price is all that matters to you, well then you wouldnt be an FBC. So I stand corrected. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: India_Bull
Date Posted: 15/Jan/2007 at 3:07am
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Omjee,
Any special news on Nucleus that you are burning past midnight oil ??? Its 3.30 am in India
 ------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: omshivaya
Date Posted: 16/Jan/2007 at 12:41pm
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Nopes, nothing related to Nucleus as such. I am usually up till around 2-3 am daily so dont get freaked out when you see me almost daily on the "Active Users" list even after 12:00 am! hee heee heee...I am a nightwalker! ahahahahaha ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 17/Jan/2007 at 1:07pm
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Ok, Nucleus up almost 13% today. My investment is now doubled: am taking some profits off and planning to deploy somewhere. I think a re-rating of Nucleus is happening here, am not too sure! Anyone having any new tid-bits on Nucleus. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: investor
Date Posted: 17/Jan/2007 at 2:04pm
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A lot of midcap IT stocks like TACH MAHINDRA, TULIP IT, etc have been having a dream run lately. Even 3I INFOTECH is up 12% today. midcap IT sector seems to be the Baskin Robbins Flavor of the month! :-)
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Posted By: deepinsight
Date Posted: 17/Jan/2007 at 2:08pm
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Mr. Om: Why would you sell just because its doubled? What would be the objective of that? ------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: investor
Date Posted: 17/Jan/2007 at 2:14pm
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Om, just to remind you of a stmt from Basant somewhere else on this forum: INFY was a 30 bagger after it became a 100 bagger. So if you start booking profits just because it has doubled, how can even get a multibagger?  My own personal view is that the stock has just broken out of a long slumber, and next 12 months should see explosive growth. |
Posted By: omshivaya
Date Posted: 17/Jan/2007 at 3:51pm
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You are so right guys. Just bcoz something has gone up doesnt mean it has to be sold, but a very small part can be sold depending upon the situation! And I would not only have a multibagger, but a fat multibagger in Nucleus investor ji do not worry please. I have taken some profits off, bcoz I am on a planning mode right now and am reallocating stuff from here and there so that I can accomodate some other "probable" multibagger(s).
This has nothing to do with doubling, but more to do with reallocating to possibly "higher growth" avenues.
This is not a general issue of always taking profits when something almost doubles, so do not make this a generalised discussion. If that were the case, I would have done that with Educomp sometime back. Though I do plan to take some profits off of Educomp too in near future, but it has to do more with reallocating to something else, rather than anything else. I dont like being rigid in both the cases:
1) "Do not sell just bcoz it has gone up"
2) "Sell because it has gone up a lot".
Each situation is a case-by-case.
I hardly took off 2%-3% off Nucleus and I am absolutely okay with it.
Of course, you all have the right to your opinion too...appreciate the enthusiasm very much guys! Keep it up and nice to know you guys are doing great in your 'folio too!
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: investor
Date Posted: 17/Jan/2007 at 4:29pm
sounds good, i did see your post on the other board about being in the middle of restucturing your portfolio, hope to get details of that soon!  Hopefully you will share with us your "probable multibagger" ideas as well! BTW, did u notice Tech Mahindra up to 1900+ i couldnt enter as it just didnt come down from 1600 levels ....so looks like another bus missed! |
Posted By: omshivaya
Date Posted: 17/Jan/2007 at 6:04pm
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I would rather be in TCS than Tech. Mahindra. TCS is a master in all verticals whereas Mahindra is enjoying the Telecom vertical primarily. Anyhow, good luck to them. But for me, TCS brings that stability and relatively good growth. As for the multibaggers(maybe) I am trying to add, it shall not be anything outside of what TEDies already know of. Only that, the distribution should be more balanced now among the top 3-4 probable baggers. The risks would also become higher than before in case of a market crash, so the sword cuts both ways ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: investor
Date Posted: 17/Jan/2007 at 6:23pm
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Yes, i am already aware of your bullishness in TCS. I think you would make a good brand ambassador for TCS!
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Posted By: basant
Date Posted: 17/Jan/2007 at 6:24pm
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Your Nucleus was on fire today!!! ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: omshivaya
Date Posted: 17/Jan/2007 at 6:55pm
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Yes it was. I was expcting an EPS of 35 bucks for FY07. Either they have surpassed it substantially or there is a more than 70% growth in EPS for FY08 on the cards for Nucleus. Let's see how their results turn out for this quarter. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: PrashantS
Date Posted: 17/Jan/2007 at 9:33pm
| But i am not sure...why is tech mahindra is really rated so much.. |
Posted By: kulman
Date Posted: 17/Jan/2007 at 9:48pm
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I am usually up till around 2-3 am daily so dont get freaked out when you see me almost daily on the "Active Users" list even after 12:00 am! hee heee heee...I am a nightwalker!
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Om jee.........
Congratulations on your Nucleus call & detailed research.
Are you also F-TV fan? Just doing a survey, nothing personal intended!
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: omshivaya
Date Posted: 17/Jan/2007 at 10:13pm
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Nopes...What is F-TV btw?? I do watch CNBC and Comedy serials sometimes, not much! And yes, thanks for that "Nucleus" congrats! But I didnt do that research to get congratulations so soon. I think I would deserve any congrats(if at all) only after its a 10-bagger and that too fast, not more than 5 years.
Anything less than that, then I made a mistake and I shall have to live with that mistake! Let's see how it turns out! Good luck to you too sir. Everyone missed you as you can see on TED. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 17/Jan/2007 at 10:20pm
Bcoz its doing good business simply speaking! And it shall move from the Tier-II IT companies to Tier-I. Re-rating, plus good orders coming in are the reasons and it surely deserves it! But it still is a kid compared to companies like TCS. Just getting a 1-billion US$ deal isnt enuff! If they get it in the BFSI or IT Infra space and that too from someone who is not related to the BT group, then I shall think of it in serious terms, else it's just another billion-dollar deal. Soon the Infys and TCS' would be getting billion dollar deals as a routine, as the IBMS and Accentures do today. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: deepinsight
Date Posted: 19/Jan/2007 at 3:10pm
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The company just announced a major win in Japan - CEO calls it one of the largest by ------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: deepinsight
Date Posted: 19/Jan/2007 at 3:31pm
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The details coming off this interview...
It seems to be more than 148 crores but not clear on the exact amount.
------------- "Investing is simple, but not easy." - Warren Buffet |
Dusad says that this order is the biggest order that they have got so far. The order is expected to be executed over a period of two years with an annual technical support for another five years.Posted By: omshivaya
Date Posted: 19/Jan/2007 at 3:44pm
Very well done indeed Mr. Dusad, but I expect Vishnu jee to NOT STOP AT THIS! It's important to stay focused, so I would like to set therecord straight!
This order is NOT the largest order by any Indian software vendor...it is the largest order for Nucleus so far, bigger than the earlier large order by GMAC! What I think Vishnu jee meant was biggest order in Japan(maybe), but not overall!!! So need to set this straight!
But what is pretty interesting is that just this single order by ACOM is more than the entire revenue of Nucleus of last year. I expect more orders to follow suit...maybe gradually!
Vishnu jee, congrats again..and dont stop. And deep ji, thanks for the info. you posted.However, I have set the record straight above.
On mention of profit-booking deep ji, I think I have mentioned clearly my specific case and it needs no further explanation! For others' situations maybe, profit booking MAY NOT be such a good idea.
Link to this order: http://news.moneycontrol.com/india/news/business/nucleassoftvishnurdusad/nucleussoftsdealsaddtors300cr/market/stocks/article/262615 - http://news.moneycontrol.com/india/news/business/nucleassoftvishnurdusad/nucleussoftsdealsaddtors300cr/market/stocks/article/262615
Source: http://www.moneycontrol.com - www.moneycontrol.com
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: India_Bull
Date Posted: 19/Jan/2007 at 3:44pm
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Nucleus and Tech Mahindra look very promising at this point of time .
Another stock to watch in IT is Mphasis BFL as EDS will outsource most of the work to Mphasis in the years to come and I am sure these stocks are going to be big multibaggers from this level..
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: omshivaya
Date Posted: 19/Jan/2007 at 4:21pm
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Some extras on the ACOM deal and generally where Nucleus stands globally: http://www.nucleussoftware.com/images/acom_re2.pdf - http://www.nucleussoftware.com/images/acom_re2.pdf
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: deepinsight
Date Posted: 19/Jan/2007 at 9:39pm
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From press release BSE web site
"This is amongst the largest win by any Indian product software Company and Nucleus is honored to have won it. This win is an indication of the potential and passion of Nucleus in creating groundbreaking banking and non banking financial products and solutions. It is an endorsement of the keen understanding of banking and non banking industry that has led Nucleus Software in winning the most coveted deals across the globe. We are happy to be partnering with ACOM in their journey towards business excellence and superior customer service." Says Vishnu Dusad, CEO & Managing Director of the Company. ------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: omshivaya
Date Posted: 19/Jan/2007 at 9:45pm
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Yes, I read that too. It is there in my post above too. But does that mean to say that not one, not even I-Flex has ever bagged a such big order worldwide. That seems a bit stretched! That is what leads me to believe that Vishnu jee must have meant biggest order by any Indian product company in Japan.
So, better to be on the sidelines than overenthusiastic as per me. Let's see what the details turn out like. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: sanjay3
Date Posted: 19/Jan/2007 at 2:07am
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YES BANK Goes For Nucleus' FinnOne
To streamline its sales team to ensure a quicker turn around time for customer acquisition. EFY News Network Monday, January 08, 2007: YES BANK, an Indian private sector bank, has selected the FinnOne CAS, loan management and collections suite from Nucleus Software Exports Ltd., a provider of software products for the financial sector, to power its retail banking arm. With this solution, the bank will be able to offer value-added retail liability and third-party wealth management products as well as retail asset offerings to its customers. The solution will be implemented across all 24 branches of the bank in the country. FinnOne will enable YES BANK to streamline its sales team to ensure a quicker turn around time for customer acquisition. This solution will allow the bank to automate and manage the complete application process flow for any finance instrument such as personal loans, home loans, credit cards and other services. Rana Kapoor, founder, managing director and CEO, YES BANK, said, "We believe Finnone Suite will provide us cutting-edge capability in our business. Considering that YES BANK has no legacy issues, we will be able to quickly and efficiently rollout the system." ------------- |
Posted By: omshivaya
Date Posted: 22/Jan/2007 at 5:47pm
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Nucleus Software Exports today reported a 58 per cent rise in net profit after tax (pat) to Rs 13.94 crore in the third quarter this fiscal compared to Rs 8.82 crore for the corresponding quarter of the previous year. Consolidated revenues for the quarter ending December 31, 2006 increased by 50.21 per cent to Rs 56.18 crore as against Rs 37.40 crore for the corresponding quarter of the previous year, a company statement to the NSE said. "Our strong product growth along with continued product development and successful implementations has helped us sustain our position as one of the leaders in the domain," Nucleus Software Exports CEO Vishnu R Dusad said. The company bagged large orders from alternate markets such as Japan, which strengthened its position, he said. For the nine months ending December 31, 2006, consolidated revenues have increased by 51.97 per cent to Rs 161.03 crore as compared to Rs 105.96 crore for the corresponding nine months period in the previous fiscal. Net profit after tax (pat) for the same period, increased by 57.37 per cent to Rs 41.20 crore as compared to Rs 26.18 crore for the corresponding nine months period in the previous financial year. Source: http://www.zeenews.com/znnew/articles.asp?aid=349421&ssid=54&sid=BUS - http://www.zeenews.com/znnew/articles.asp?aid=349421&ssid=54&sid=BUS
Exports registered 70.49% growth in net profits to Rs 106.68 million for the quarter ended Dec. 31, 2006 as compared with Rs 62.57 million in the corresponding quarter previous year.
Source: http://www.myiris.com - www.myiris.com Note: However sequentially, quarter-on-quarter NP was flat. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 24/Jan/2007 at 11:06pm
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SSKI Research report updates:
Nucleus Software Exports
Cluster: Emerging Star Recommendation: Buy Price target: Rs898 Current market price: Rs809 Price target revised to Rs898 Result highlights Nucleus Software Exports has announced lower-than-expected sequential growth in its revenues at 2% quarter on quarter (qoq) and 50.3% year on year (yoy) to Rs56.2 crore (against the expectations of Rs58.6 crore). The product revenues have grown at a robust rate of 12.8% sequential. However the revenues from the project and services business declined 9.3% sequentially and resulted in a lower-than-expected overall growth in the revenues during the third quarter. The operating profit margin (OPM) declined by 110 basis points sequentially to 27.9% during the quarter, largely due to the steep increase in the selling, general and administration expenses (SG&A) as a percentage of sales (up from 12.6% of the sales in Q2 to 15.7% in Q3). The huge jump in the SG&A expenses was driven by the additional cost incurred (on travel and other related expenses) in pursuing some of the large deals in the pipeline (including the recently bagged order from ACOM). Consequently, the earnings were largely flat at Rs13.9 crore on a sequential basis. However, the earnings grew at a robust rate of 58.1% on an annual basis. Notwithstanding the muted performance (sequentially) during the quarter, the company has shown an exponential growth in its order backlog that is likely to boost the overall revenue growth in the coming quarters. The pending order book jumped to Rs335 crore, up from Rs135 crore at the end of the previous quarter. The order backlog includes the multi-million multi-year order from ACOM, a leading consumer finance company in Japan. To factor in the impact of the huge fresh order intake, we are revising upwards the revenues and earnings estimates by 7% and 9% respectively, for FY2008. At the current market price the stock trades at 22.8x FY2007 and 16.5x FY2008 earning estimates. We maintain our Buy call on the stock with a one-year revised target price of Rs898 (15x its rolling four-quarter earnings. My notes: SSKI should revise their earnings upgrade again before FY08 is over(my hunch, no confirmation.)
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 06/Feb/2007 at 11:55pm
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By the way Nucleus is going, I think there could be another big order on the way. Dunno when any announcement would come(if at all) ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: vivekkumar_in
Date Posted: 06/Feb/2007 at 12:00pm
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Om Ji,
Your Nucleus is on fire.. It is on a 52 week high.. How big an order ? BTW with these big orders.. Can Nucleus maintain a decent profitability in big orders?
------------- Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. P Lynch |
Posted By: omshivaya
Date Posted: 06/Feb/2007 at 12:25pm
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Vivek ji. I have no idea on any new order except the last ACOM(300 crore-2 year) deal. I was just speculating that there maybe a big order that is known to a few big boys. But yes I can tell you this: Vishnu jee has promised to keep margins as much as now or even better. That's the beauty of product companies: high margin business, once the intial roll-out of the product has started.From the time Nucleus was first recommened on this forum(not the first post on this thread), I think it has almost doubled.
Let's see what Vishnu jee comes up with for next few years. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: deepinsight
Date Posted: 06/Feb/2007 at 12:36pm
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Om ji: you may be right there may be some new order (or something else)cooking looking at the way the share price is moving. Guess we just have to hold tight as the valuations are moving into new territory!
The analyst call transcript on their site paints a very positive picture. Management seems very positive and poised for growing big time.
Execution will now be the key. ------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: manishdave
Date Posted: 06/Feb/2007 at 2:20am
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There is a brief interview of Vishnuji in Business world.
For OM!!
Ammend your tag line and put Om Vishnu Devay Namah!!
|
Posted By: omshivaya
Date Posted: 06/Feb/2007 at 2:44am
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Manish jee, actually do you know why people say Om Namah Shivaya? It is because it is one line which gives our namaskars and salutations to the divine trinity.OM = BRAHMA ji
SHIVAYA = SHIVA ji
Guess what NAMAH means?
NAMAH=VISHNU ji
So, I am already saluting all the three lovely individuals! That is why I also included JAI MAA, thus incorporating all forms(roops) of Shakti, including Maa Laxmi, Maa Kali, Maa Durga, Ma Saraswati, Maa Parvati and the list just goes on and on.
Om Namah Shivaya! Om Namah Shivaya! Om Namah Shivaya! Jai Maa! ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 06/Feb/2007 at 2:47am
They are scaling up. They recently constructed a new property. Now, I learn that they have given order for construction of yet another new property to handle more employees, for handling the orders. So, they are definitely scaling up. Good start, let's see if they can consistently deliver high returns(higher than 40%). ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 06/Feb/2007 at 3:02am
You talking of this BS interview I think. Posted on this thread already:
http://www.theequitydesk.com/forum/forum_posts.asp?TID=694&PN=2 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=694&PN=2
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 06/Feb/2007 at 3:29am
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Allright, now anyone thinking of Nucleus as an investment should read this(just got this off the latest conf. call of Nucleus). Here, Enam Sec. is asking the question from Mr. Vishnu Dusad:
Moderator Thank you very much Sir. Next we have a question from Puranik from Enam Securities. Puranik Vishnu and Pramod congrats for the fantastic quarter. I am looking at the quarter not from earnings perspective; I think you have done a proud to this country by winning an order like this, it requires the great amount of commitment, patience and perseverance to win orders in the business you are in. We are extremely proud of you. You have extended the longevity of company by many decades not years, you have done a fantastic job of it, and the acronym your company stands, the affection, confidence and moderation, the company you have won the order that is affection, confidence, and moderation company that is ACOM, you deserve that kind of recognition on what you have done. Couple of things I would like to understand; one is in terms of your long-term role of how do you bill your business from a product service solution perspective. What are the key internal micro-macro target of how do we build a nonlinear business to reinforce the confidence of every community. Can give some idea on that and also the addressable market, one thing you need to educate the investors because I think you are part of a huge market, it is just a beginning, it is just a just a tip of ice berg, I think it is all great and I wish you all the very best. Vishnu R. Dusad Thank you very much Mr. Puranik for those extremely kind words. We do hope that we will be worthy of such high words that you have spoken about us. As regard the size of the market, I think it is really humongous, thank you for asking this question. Today, the global retail asset are at the end of 2005, the numbers about global retail asset are in the vicinity of $26 trillion, more than 50% of which are there are from America, and something like 80% out of these are mortgage assets. Now that being the size, I think the retail assets that our product today goes is in the vicinity of 60 to 65 billion, which essentially means quarter percent of the global retail assets. So from that I guess we can kind of have a feel of the size of the market, and we are continuously working on trying to address the entire market. Puranik Oh! That is the huge amount. Vishnu R. Dusad It is a huge amount. Puranik Huge amount, you can see a long-term visibility of 100 years in a business. Puranik Long sustainable corporation, excellent. Vishnu R. Dusad Yes Puranik Fantastic. All the very best to you Vishnu. Vishnu R. Dusad Thank you.
There was more to it, but just added the interesting part ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: basant
Date Posted: 06/Feb/2007 at 8:05am
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SUrely the opportunity looks huge!!! ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: omshivaya
Date Posted: 07/Feb/2007 at 1:59am
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Yes, it is. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: nikhil090
Date Posted: 07/Feb/2007 at 8:03am
| Great pick by the look of it.. What is the mcap currently? |
Posted By: tigershark
Date Posted: 07/Feb/2007 at 9:01am
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stock price 1017 multiply by eq16.1 divided by 10 face value so alittle above 1600 crs ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: omshivaya
Date Posted: 09/Feb/2007 at 12:59pm
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Development Credit Bank chooses Nucleus Software as its technology partner
Nucleus’ retail solution to be deployed in 72 locations across India
Nucleus Software Exports Limited (NSE: NUCLEUS), a leading global provider of the next generation software products for banking & financial sector, today announced that Development Credit Bank Limited (DCB) has selected Nucleus Software’s FinnOne for its retail banking operations. This solution will be implemented across all of DCB’s 72 branches nation-wide. DCB’s adoption of FinnOneTM indicates the Bank’s move towards ramping up its loan origination, loan management and collections operations within the retail-banking sector. With this implementation, DCB plans to streamline its retail assets division by ensuring anytime, anywhere access, and ease in operations and instant information for its sales, credit and operations teams. FinnOneTM suite of products assists in introducing new product offerings and tailor made schemes thereby reducing time-to-market and automating processes. The solution further automates and manages the complete application processing flow for Retail Financing, allowing banks to integrate different touch-points in their supply chain enabling efficient, timely services to customers. “Retail banks are evolving to keep pace with the changing financial services scenario. Strong technology offerings remain critical not only to customer acquisition and retention but also to global competitiveness. We are pleased to be partnering DCB in successfully enhancing their retail operations and customer satisfaction.” stated Vishnu Dusad, CEO, Nucleus Software Exports Limited. On the occasion, Mr. Parag Patankar, Chief Operations & Technology Officer, DCB said, “We are happy to partner with Nucleus Software, a leader in the retail banking technology segment, in our quest to provide to our customers a high quality of customer service by using straight through processing. We look forward to Nucleus software leveraging understanding of the banking domain to deliver to DCB a robust, scalable, secure and flexible platform that supports our retail banking thrust. Nucleus with its flagship product FinnOneTM today has over 134 clients across the globe. It is a fast - growing player with a leadership position in regions spanning APAC, Europe, Middle East, Africa, and America. Nucleus, today, commands leadership position in the domestic retail banking space with clients spanning among most leading banks in India. Source: http://www.bobsguide.com/guide/news/17749.html - http://www.bobsguide.com/guide/news/17749.html
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: kulman
Date Posted: 09/Feb/2007 at 8:26am
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Great news for Nucleus getting DCB order!
There are two rumours floating in the market:
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: tigershark
Date Posted: 10/Feb/2007 at 5:14pm
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dear omji, any idea what is the size of this orderand over what time frame it shall get deployed ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: omshivaya
Date Posted: 10/Feb/2007 at 8:36pm
In fact, I was also wondering about this sometime back. But I think it is me who has to keep up with Nucleus's stock price, from here. It shall be difficult hopefully but shall try, lol ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 10/Feb/2007 at 8:38pm
Not yet shark ji. I just have as much info. as the market does. My best guess right now: deal could be around the same size as the "Yes Bank" deal was sometime back. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: Mohan
Date Posted: 10/Feb/2007 at 12:13pm
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Since this article was quoted and the name came up.
I was wondering about the future of DCB
Does anybody have any ideas , thoughts ?
Sorry in advance as I don't know how to start a new thread
------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: omshivaya
Date Posted: 10/Feb/2007 at 2:01am
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Sorry, do not follow DCB Mohan ji. When it was around 36, I did ask Basant sir the same, but didn't follow it up after that. Maybe Shashi ji or Vipul ji, our financial sector stalwarts, can help.
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: basant
Date Posted: 10/Feb/2007 at 9:16am
You could start a new thread by clicking on the new topic tab on the top right hand side of the page. ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: gemseeker
Date Posted: 11/Feb/2007 at 12:26pm
| Om Ji, Congratulations on Nucleus. I wanted to buy at around 400, but now feel I have missed the boat. Price seems to be too high now. Does Nucleus has more potential? |
Posted By: omshivaya
Date Posted: 11/Feb/2007 at 6:00pm
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Gem ji,
Look at your timeframe. If you are looking at next 3-6 months, forget about getting into any stock let alone Nucleus. But if you have a 1 year or longer time frame, then it is a good area to get in now or if lucky somewhere around 900.
Good luck. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: gemseeker
Date Posted: 11/Feb/2007 at 7:37pm
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Thanks Om Ji,
I generally sell 50% of my holding in any stock once they get double. I did the same in Praj and sold around 2,000 of them. Now currently holding 2,000 of Praj (Free). I generally sleep well as most of the stocks I hold are free. I have been doing this for the last 10 years. My weakness is that I am not able to understand IT stocks correctly. I missed the boat in INFY, TCS, Wipro and now beleive that Nucleus may the future IFLEX. The only IT stock which I hold is IFLEX which of course my 1000 shares are free by nature.
I would try to buy 100 shares of Nucleus with the time frame of 1-2 years.
Please share the info(if availiable) whether the management of Nucleus looks qualified for taking this company to higher levels? The key thing I beleive may be the successful delivery of these projects. I hope they deliver the project on time
Regards,
|
Posted By: omshivaya
Date Posted: 11/Feb/2007 at 9:17pm
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I feel the management of Nucleus is at par with Infy, very very good and transparent. Excellent corporate governance. Let's see if they can deliver big-time, which I am biased toward. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: basant
Date Posted: 11/Feb/2007 at 10:18am
While we all have our own ways to invest you may want to enjoy reading this.
http://www.theequitydesk.com/forum/forum_posts.asp?TID=381 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=381
------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: gemseeker
Date Posted: 12/Feb/2007 at 8:26pm
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Thanks Basant ji,
This link is really interesting. I gained a lot of insights from this article.
OmJi,
 By the way I visited Nucleus facility today in Sector 62 Noida. There 2nd building is already in progress but there seems to be a lot of Parking problem. I chatted with a few employees standing outside Nucleus facility (drinking tea at a local Chai Wala) outside Nucleus about the company and found a lot of new things.Regards,
|
Posted By: basant
Date Posted: 12/Feb/2007 at 8:37pm
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Wow. That is quite a revealation. Peter Lynch researching a software company. ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: omshivaya
Date Posted: 12/Feb/2007 at 8:46pm
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Gem ji, parking problem etc. are smalll problems and shall be cleared as time goes by. Try emailing Vishnu ji about this and let him know you are an investor or better still if you go to their facility again, try to put your thoughts into paper and put it into their suggestion box. Also, please share what all you learnt from your visit. All positive and negative stuff...gossips and rumours etc.
Pour them all! We all would like to know ever bit in 100% detail. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: vip1
Date Posted: 12/Feb/2007 at 9:23pm
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I chatted with a few employees standing outside Nucleus facility (drinking tea at a local Chai Wala) outside Nucleus about the company and found a lot of new things.
Gem and Om , you better ask Vishnuji why Chai is not available inside , and people have to come out for Chai !
|
Posted By: gemseeker
Date Posted: 12/Feb/2007 at 10:18pm
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First of all, I would like to clarify that I am a bit cautious investor. I like to know about a company in great detail before I invest. I did the same thing with Praj as when I visited my sister in Lincoln , NE I visited to see Praj's aquisition in Omaha , NE around 140 miles from where I was staying. I visited IFLEX in Mumbai to learn about them prior to me investing in that company.
Here are my findings:
Nucleus employees are called Nucleites. Nucleus has a good eating canteen inside but maybe there are strict eating hours. Currently Nucleus is complying with some standards and they have "Nucleus Software" stickers at the back of every car. Why I mentioned Parking problems is that -- there is already a parking place inside Nucleus but that may not be sufficient. Recently a car got stolen and people are very cautious. It took me 15 minutes to park my car. Imagine if an employee is working and the employee has some meeting, employee may get delayed wasting time. Next time I visit, I would put a suggestion to contruct Multi- level parking blocks.
Nucleus has a very good facility and that too in a Prime Location. There is a IT Hub park being developed next to nucleus. Grapecity , another IT company is opposite to Nucleus. DLF is making a IT park and CSE is planning to come in 20 acres of land opposite to nucleus. Nucleus has 10 acres of Land . They have a huge park in front of building. I beleive that is following "Vaastu" design.
I do not know much about there products, I will be researching those.
There I happened to talk with some of the employees. Vishnu ji's mother expired recently.
They are the 13th best employer as told to me by one of the employees. One negative thing which I found is that being aproduct company nucleus should retain old and experienced employees. There seems to be a high rate of resignations among technical employees. I beleive that this is the same story among all IT companies. To cut costs, nucleus employee lot of trainees or inexperienced people. They have brought some good folks in management also. I will try to find more during my next visit.
Good news -- I have decided to buy 100 shares of nucleus. Let me give it a chance. I will try to add more as an when my comfort level with Nucleus rises.
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Posted By: omshivaya
Date Posted: 12/Feb/2007 at 10:26pm
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Thank you very much for sharing those notes gem ji. Appreciate it very much. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: us121
Date Posted: 12/Feb/2007 at 10:27pm
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i do agree with Basantji. Another Peter Lynch in making.
But, i certainly respect this style. What u get from chai wala stand and employees, is very difficult to hear from any analyst.
Keep it up mr. gemseeker as this will help us all in the process of collecting gems.
------------- ABILITY will get u at d top. CHARACTER will retain u at d top |
Posted By: kulman
Date Posted: 12/Feb/2007 at 10:31pm
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..........First of all, I would like to clarify that I am a bit cautious investor. I like to know about a company in great detail before I invest. I did the same thing with Praj ..........
----------------------------------------------------
That's interesting. I know a few guys who do this (physically visiting) & are quite successful. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: basant
Date Posted: 12/Feb/2007 at 11:32pm
This is one of the better ways to get a feel of the company. ANalyst reports talk about EPS and PE which in any case is known and for the projections the less said the better. Keep it up and fill us in though I do not own any software company I am fascinated to see the way you have conducted this research.
------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: omshivaya
Date Posted: 12/Feb/2007 at 12:31pm
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Yes, really excellent Gem ji. Do remember to share everything here with the TEDdies. That way the research shall grow even stronger.
Next time you meet anyone from Nucleus, do try asking them about rumours or chances on any new deal from a client in the making. This can be best got from any employee!
Keep up the really good work. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: kulman
Date Posted: 12/Feb/2007 at 6:48am
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Who knows during next visit, Gemseeker might find Om jee at Nucleus as a board member owing to his large shareholding!!
Om jee....is gareeb ko yaad rakhna....please.
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: BubbleVision
Date Posted: 12/Feb/2007 at 7:24am
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Gem seeker - you are truly what your name is. ------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: omshivaya
Date Posted: 13/Feb/2007 at 2:41pm
Arre sir ji, hum to chhota fish hain! shark banne mein bahut der hain! ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 13/Feb/2007 at 2:41pm
Absolutely Gem ji. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: deepinsight
Date Posted: 13/Feb/2007 at 4:08pm
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Gem Seeker ji:
Can you share with us your method of working?
What do you try to infer?
What do you try to see?
Any examples of how that has lead to a good deciosion in investing?
Who are you trying to meet?
etc.
It could be very educational/
Thanks
------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: tigershark
Date Posted: 13/Feb/2007 at 8:02pm
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from what i gather after reading todays chat nb-nucleus bull also known as rd or the mangalwar man sees revenues per qrt moving in the 80+ range and atotal revenue of 320 crs he also expects margins to be maintained at 30% so a bottomline fy 2008-09 at 100+ crs which gives us an eps of 62and at the current price of 898 a pe of 14.these figures are based after considering the acom and dcb orders. now whether this is compelling enough to make an investment is for each one to decide ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: omshivaya
Date Posted: 13/Feb/2007 at 9:10pm
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Yes, I read that too. Suprise positives like some new deal will only add to the order book. It would be a suprise if Nucleus doesn't clinch one more semi-large order in the coming 12 months.
I have kept an EPS of 59 for now. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: tigershark
Date Posted: 13/Feb/2007 at 9:29pm
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yes i do agree with yu new deals will come and will be larger than the small deals they were getting an year or so back how large we will have to see eps 60 or 59 makes no difference it is a very small variation the size of the deals is what is imperative.i also like tataelxsi just take a look at it it is at astage where growth is finally begining to happen ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: omshivaya
Date Posted: 13/Feb/2007 at 9:35pm
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I have enuff exposure to IT-related stocks already, no more for me as of now.
As of now for me it is 59(based on current order book) but am optimistic that a good deal should come thru in next 12 months, thus taking the EPS further up.
I would keep a maximum of 25 PE for Nucleus. Let's see how it all turns out!
Just as a sidenote: 60 and 59 more or less the same, but 62 and 59 does make a difference for me as PE expands and over the long-term. Yes, of course deals are what is imperative. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 19/Feb/2007 at 9:14pm
Nucleus Software forays further into the African region
Nucleus Software Exports Limited (NSE: NUCLEUS), a leading global provider of the next generation software products for banking & financial sector, today announced that United Bank for Africa Plc (UBA) Nigeria, the largest financial institution in Nigeria has selected Nucleus’ flagship solution - FinnOneTM CAS, Lending & Collections Suite. This win establishes Nucleus’ presence in the African banking industry, being the second order from Nigeria in less than a year. With this implementation, UBA will overhaul its entire credit & loan operations across the country. UBA Plc, with a network of over 500 Branches, emerged as the first successful corporate combination in the history of Nigerian banking. It is the first Nigerian Bank with a Balance Sheet in excess of the One Trillion-Naira mark as well as the only African Bank to have a Branch in New York. FinnOne™ is an integrated suite of applications designed to support the whole spectrum of business offerings of Banks and Financial Institutions. FinnOne™ CAS automates and manages the complete application processing flow for Retail/ Corporate Financing as well as Credit Cards, allowing banks to integrate different touch-points in their supply chain for acquisition, prospecting and pre-disbursal processing. FinnOne™ Lending is built with the objective of providing operational and decision-making support to all the asset side business lines. The product also assists in introducing new product offerings and tailor made schemes, reducing time-to-market and automating processes providing a distinguishing factor within the retail loan space. FinnOne™ Collections manages the entire collections and focuses on tracking and managing delinquent customers. This enables organizations to effectively minimize delinquencies through a series of proactive actions and tighter supervision. It is a unique platform that comes loaded with add-on modules, supporting any phase of distressed receivables lifecycle and enabling powerful recovery management. United Bank for Africa Plc (UBA), Nigeria is the largest financial services institution in Nigeria and this order shows our commitment to the market.” Nucleus with its flagship product FinnOneTM today has over 134 clients across the globe. It is a fast - growing player with a leadership position in regions spanning APAC, Europe, Middle East, Africa, and America. Nucleus, today, commands leadership position in the domestic retail banking space with clients spanning most leading banks in India. Source: http://www.bobsguide.com/guide/news/17899.html - http://www.bobsguide.com/guide/news/17899.html Source: http://www.equitybulls.com/admin/news2006/news_det.asp?id=8121 - http://www.equitybulls.com/admin/news2006/news_det.asp?id=8121 ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: omshivaya
Date Posted: 21/Feb/2007 at 4:44pm
Dubai Islamic Bank selects Nucleus Software’s flagship product FinnOneTM to manage its Retail OperationsNucleus reiterates leadership position in the Middle East with its latest win Nucleus Software (NSE: NUCLEUS), a leading global provider of next generation software products for banking and financial sector announced today that Dubai Islamic Bank, world’s first fully-fledged Islamic bank has selected Nucleus’ flagship product FinnOneTM CAS to be implemented across 40 branches of the bank by end of 2007 The FinnOne™ CAS will allow for anytime, anywhere access, ensuring ease in operation and instant information availability to the financial institution. This win marks Nucleus Software’s foray into the Islamic Banking industry. Nucleus has successfully consolidated its position, as a technology leader in the Japanese, Middle East, Africa and South East Asian markets and with the latest initiative will now prove its mettle in the UAE. Islamic banking is one of the world’s fastest-growing economic sectors, comprising close on 300 institutions responsible for assets estimated at more than $400 billion. With Nucleus Software solution, bank will gain the advantage of enhancing its operations, resulting in easy inter-operability across branches and developing efficient workflow systems in its Consumer Financing business. “We are delighted to strengthen our relationship with Dubai Islamic Bank and are confident that we will enable the bank to establish new milestones in the UAE banking industry” comments Vishnu R. Dusad, CEO & MD, Nucleus Software Exports Limited, “It’s because of our sharp focus on unique markets and deep domain expertise that we have attained a leadership position in Middle East. We look forward to continuing our relationship with the bank and supporting them with our technology to maintain and consolidate their growth.”
Source: http://www.bobsguide.com/guide/news/17934.html - http://www.bobsguide.com/guide/news/17934.html ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: deepinsight
Date Posted: 21/Feb/2007 at 9:54pm
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Omji: 3 deals in a row in a span weeks suggests very positive momentum operationally. Hope the company is beefing up its management, operational and delivery capabilities.
If you remember our discussions earlier - about adding shares when you see this kind of operational outperformance - though the price is kind of running away.
Congratulations and success.
Satisfied co-investor in Nucleus.
------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: omshivaya
Date Posted: 21/Feb/2007 at 10:06pm
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Yes, good luck to you deep ji. But my investment is based on "just investment" and not on "a plethora of new deals". I obviously expected Nucleus to book these kind of deals, but what I am really wanting is another ACOM kind of deal.
I feel Nucleus is worthy of such ACOM kind of deals regularly(once in 6 months) and not just once in 1-2 years.
Let's wait and watch then. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: sanjay3
Date Posted: 22/Feb/2007 at 3:15pm
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nucleus hits 10% circuit |
Posted By: omshivaya
Date Posted: 22/Feb/2007 at 8:58pm
Yes, you having fun Sanjay ji ?
Anyhow, just for fun...the way Nucleus has closed today, tomorrow we may again have a upper-circuit hit. If not, then 5% has a 70%-30% chance.
Again, this is just for watching...nothing to trade or invest on. Just having phun!
------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |