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Monday, May 3, 2010

Samtel Color Ltd (BUY0 AT 20 Rs

CORPORATE PROFILE
Samtel Color is the flagship company of the Samtel group, and manufactures the widest range of Colour TV tubes in India and has a capacity of over 10 million picture tubes per annum. The company was incorporated in 1986 with a technical collaboration with Mitsubishi Electric, Japan to manufacture 14” and 21” Color Picture Tubes (CPTs). With a market share of over 60%, it is the largest tube manufacturer in the country. Its clients include leading domestic and international TV manufacturers.

Integrated backwards with its component divisions at Ghaziabad and Parwanoo, Samtel Color also manufactures electron guns and deflection yokes for colour picture tubes.

DEFLECTION YOKES
The Deflection Yoke (DY) Division of Samtel Color was set up in 1998 at Parwanoo to manufacture DYs for colour picture tubes. Presently, the division supplies its products to the Colour Picture Tube division as well as some major TV manufacturers in the country. The division also manufactures Deflection Yokes for export to tube and TV manufacturers in South East Asia.

ELECTRON GUNS
The Electron Devices Division of Samtel Color is a leading manufacturer of Electron Guns for Colour picture Tubes in the country. The product is a critical component of a picture tube and its quality determines the life and performance of the picture tube. Set up in 1994, the division has its manufacturing unit at Ghaziabad. The division is also the largest manufacturer of cathodes and heaters for Electron Guns in India and has received the prestigious ELCINA R&D Award for 1996-97.

Samtel Display Systems:

Samtel Display Systems (SDS) is a key Indian player in high-technology products for avionics
and military applications in both domestic and international markets. SDS straddles the entire
value chain from design, development, manufacture, testing, qualification, repair & maintenance
and obsolescence management of avionics products and equipment for military as well as
commercial aircraft. Its products include Color Avionic Tubes (CAT), Multi Function Displays
(MFD), Head Up Displays (HUD), Helmet Mounted Displays (HMD), Automated Test Equipments
(ATE) and IADS, as well as Control Displays for Armored Military Vehicles. SDS is a part of the
Samtel Group, India’s largest integrated manufacturer of a wide range of displays for television,
avionics, industrial, medical and professional applications, TV glass, components for displays,
machinery and engineering services.


GREAT TURNAROUND STORY

BOOK VALUE AT 26RS PROM TAKEN 3 CR AT 21.50
NEXT YEAR EPS COULD BE 4 RS

STOCK IS ACCUMULATED AROUND 19 FROM ONE YEAR. IAM EXPECTING 30RS IN NEXT 3 MONTHS

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