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Friday, December 23, 2011

Bhoruka Aluminium Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Bhoruka Aluminium Ltd
cmp:3
Code:506027

Story:Bhoruka Aluminium Limited engages in manufacturing, processing, and dealing in aluminium extrusions worldwide. It provides structural extrusions for doors, windows, vents, shop fronts, louvers, rolling shutters, ladders, curtain walls, glazing, and partitions. The company also manufactures special extrusions for water purifiers, small electric motors, computers, electronics equipment, modular racks, exhibition stalls, moulded luggage, conservatories, and sprinkler irrigation systems; and develops special sections for use in micro light aircraft, and heat sink for cryogenic engines. It offers its products for transportation, industrial, building and construction, electrical and electronics, interiors, and solar industries.There is hardly anything to complement this particular company.It has performed in a volatile manner over the last several years and dont seem to be improving a penny bit.The capacity utilization has been a mere 35-45% over the last couple of years and still the company has dared to expand the capacity very recently.Even if it operates in its full capacity it cannot dramatically jerk up the bottomline.The only positive aspect about Bhoruka Aluminium is its investments in its group companies- TCI Industries and TCI Finance which stands at about 10crs as on date.The company few months back rewarded investors with a bonus issue which defies any justification.Its planning to raise 50crs which would again dilute the equity.At most a hold at present prices.

Tokyo Plast International Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Tokyo Plast International Ltd
cmp:14
Code:500418

Story:Tokyo Plast International is the manufacturer of “PINNACLE ‘ brand Thermoware products. Company's main products are Thermo Containers,Insulated coolers,Beverages containers etc.Considering the increasing popularity of Pizza Consumption ,recently company introduced single and double layered Pizza containers .Company having two manufacturing units – one located at Kandla and other at Daman. Company is concentrating in exports and earned an income of Rs.38 Crore (out of total sale of Rs.41 cr ) from exports last year which is an improvement of almost 50 % from previous year. Its total income tripled in last five years where sales improved from Rs.14 Cr to Rs.41 Cr and bottom line from just Rs.7 lac to Rs.2.33 Cr in the said period. In last one year promoters also hiked their stake marginally.Even if the company’s products are not strictly comparable with the products manufactured by other houseware manufactures like TTK prestige Gandhimathi appliances,Kanchan International ..etc the trend in demand growth is moving almost in the same line based on the consumption story. Chances are also there for expanding the business into the manufacturing of other related housewares where there is large opportunity is available in a country with a population of 120 Crore .Company is expected to close this full year with an EPS of Rs.3/-.Considering the steady growth of topline it shows in the past many years and recent efforts to introduce value added new products – which is expected to improve the margins- Tokyo plast is a suitable low priced scrip for investors with patience.
Source:Valuepick

Dolat Investments Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Dolat Investments Ltd
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Code:505526

Story:Incorporated by late Mr. Dolatrai A. Shah, the Group is presently owned and administered by his four sons.The Group gained its initial membership of the Bombay Stock Exchange in the year 1970 and in 1993, the entity ‘Dolat Capital Market Ltd.' was established. Dolat Investments Limited engages in the trading and investment activities in India. It trades in shares, securities, and commodities.The Company's income is mainly derived from the investments made in the Stock market and Mutual Funds Units.With stock markets tanking the company is set to suffer losses.Exit out and switch to other stocks from sunrising sectors.Sales and profits has been lacklusture over the last 4-5 years owing to the immense market volatility.The book value stands at a mere 4rs.A 45crs marketcap is unwarranted for the counter.Invest in penny stocks only after a solid research and understanding of the business,gambling on them without even any knowledge would butch one up.

Eastern Gases Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Eastern Gases Ltd
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Code:590080

Story:Reduction in the subsidy on LPG and rationing of the subsidized LPG Cylinders for consumers will be a reality in near future.Talk on this subject is already on and it may take shape eventually.Who will benefit from such a scenario - no doubt it is private LPG distributors. When the difference of the cost of LPG cylinders distributed by PSU's and private players become nil or negligible Private LPG distributors will get a chance to compete with PSU's and increase their market share. When we look into the investment angle of this possible changes , we have not much choices left .Only very few private LPG distributors are available in listed space. EASTERN GAS - is one such company from Kolkatta which is not very popular for investor fraternity till now.Eastern gas is currently concentrating in distributing commercial Cylinder under the brand name ' EAST GAS' in Kolkata and nearby areas. It is distributing LPG in 17 and 33 kg commercial cylinders .Since the subsidy is very huge for non commercial cylinders, at present it is not viable to distribute home cylinders in a big way .But the situation will change when there is a reduction in subsidy as mentioned above. Company having a 30,000 MT / month LPG refilling plant at Durpagur.Eastern Gas also having a marketing agreement with Indian Oil Petronas Private Limited. Company is also in Auto LPG Segment and planning to start 100 auto LPG filling stations in few years.It also having plans to start joint ventures for city gas distribution . All together , policy changes in this sector is expected to change in favor of Private LPG distributors. Number of listed companies from this space is very few . Hence , once there is some clarity emerges in this sector, first comers with necessary infrastructure will benefit a lot and in such a situation Easter Gas may turn as a dark horse .For the last financial year Eastern Gas posted a turnover of Rs.90 Cr v/s Rs.63 Cr and a net profit of Rs.1 Cr v/s 63 Lac. At CMP of Rs.16/ - nothing to loose .
Source:Valuepick

Zigma Software ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Zigma Software ltd
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Code:532177

Story:Zigma Software Limited provides consultancy, and information and technology services in India. It also involves in the agricultural activities, including the provision of bio-tech and agricultural products.Zigma Software reported net loss of Rs 0.11 crore in the quarter ended September 2011 as against net profit of Rs 0.04 crore during the previous quarter ended September 2010. There were no sales reported in the quarter ended September 2011 as against Rs 0.41 crore during the previous quarter ended September 2010.The company is a nothing company now with sales to the tune of mere 1crs.It still attracts marketcap of 16crs which is very much on the higher side.Lethargic management with little transparency adds more woes to the investor's misery.It can make a rally once the penny stock fraternity makes any move.Remains a sell on rally candidate.