Economic Calendar

Economic Calendar
Date Event Frequency Previous
30-11-2011 Reserve Money (change on wk) Weekly
30-11-2011 91 day T- Bills auction of Rs 40 bln (cut-off yld) Weekly
30-11-2011 Government finances -fiscal deficit (pct of Budget Estimate) Monthly 70.8
30-11-2011 CPI-Industrial Workers Monthly 10.06
30-11-2011 Gross Domestic Product (YoY Chg) Quarterly 7.7
30-11-2011 364 day T- Bills auction of Rs 40 bln (cut-off yld) Fortnightly 8.85
30-11-2011 M3 (YoY Chg) Fortnightly 16.1
1/12/2011 WPI Primary articles (YoY chg) Weekly
1/12/2011 WPI Fuel & Power (YoY chg) Weekly
1/12/2011 WPI Food Articles (y/y chg) Weekly
1/12/2011 WPI Non-food Articles (y/y chg) Weekly
1/12/2011 HSBC India manufacturing PMI Monthly 52
1/12/2011 Foreign merchandise trade Exports (YoY Chg) Monthly 36.36
1/12/2011 Foreign merchandise trade Imports (YoY Chg) Monthly 17.2
1/12/2011 Power generation Monthly 74.14
2/12/2011 WMA (ways and means advance) - to central govt Weekly
2/12/2011 WMA (ways and means advance) - to state govts Weekly
2/12/2011 FX reserve (change on wk) Weekly
2/12/2011 Bank Deposit (YoY Chg) Fortnightly 17.5
2/12/2011 Bank Credit (YoY Chg) Fortnightly 18.4
2/12/2011 Bank Investment (YoY Chg) Fortnightly 16.4
2/12/2011 Bank Cash Deposit Ratio Fortnightly 6.72
2/12/2011 Bank Investment Deposit Ratio Fortnightly 30.63
2/12/2011 Bank Credit Deposit Ratio Fortnightly 73.94

SMALL CAP IDEA'S ( BUY FOR LONG TERM GAINS )

 Disa India Ltd: CMP 1430.00

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=824

WABCO India Ltd CMP 1230.00

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=28069

International Combustion (India) Ltd  CMP 275.00

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=296

Avantel Ltd  CMP 54.00

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=20881


 WPIL Ltd CMP  213.00


http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=615

Jost's Engineering Company Ltd CMP 398.00

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=1293 

Cimmco Ltd CMP 76.00

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=644 

ACCUMULATE ALL THESE SCRIPS ON EVERY DIP ( NOT FOR SPECULATION )  

Camlin Fine Sciences Ltd.

Background

The fine chemicals division of Camlin Ltd. was de-merged into CFCL on July 1, 2006. CFCL is engaged in the manufacture and distribution of specialty chemicals and intermediates, food additives, food supplements and antioxidants. CFCL’s manufacturing unit is located at Tarapur, Maharashtra with the total installed capacity as on March 31, 2011 at 3,700 metric tonnes per annum (mtpa). The plant capacity is slated to go up by 1,000 mtpa by the end of FY12 on account of the de-bottlenecking exercise being undertaken by the company. In March 2011, CFCL acquired, Borregaard Italia Spa, one of the five global producers of hydroquinone (HQ), the key raw material required for CFCL for a total consideration of Rs.18.50 crore, funded by the debt of Rs.15.00 crore. With this acquisition, the main key raw material supplies shall be available at the right quantity and at right price without any limitation to CFCL. This plant in Italy has the capacity to manufacture 3,600 tonnes per annum (tpa) of HQ and 4,400 tpa of catechol.

The company’s dominant position as the second largest global manufacturer of food antioxidants - TBHQ andBHA CFCL is the world’s second-largest and Asia’s largest producer of synthetic food antioxidants like TBHQ and BHA having a 40% global market share. Since the domestic market for CFCL’s products is small, the company exports bulk of (about 88% of FY11 net sales) its products to more than 45 countries world-wide.

Product Name 

• Food Ingredients
  1. Antox TBHQ (HACCP Certified) FCC V / FAO / WHO (Tertiary Butyl Hydroquinone)
  2. Antox BHA (HACCP Certified) FCC V / FAO / WHO / EEC ( Butyl Hydroxy Anisole)
• Sweetner
  1. Sucralose FCC V
• Active Pharmaceutical Ingredients
  1. Miconazole Nitrate B.P. / USP
  2. Clotrimazole B.P. / USP
  3. Amlodipine Besilate E.P
  4. Amlodipine Salts
  5. Advance intermediate of Amlodipine
  6. Intermediate of Miconazole Nitrate
• Super Absorbent Polymer

• Salient features of TBHQ
  • ANTOX (TBHQ) gives excellent antioxidant potency to edible oils and fats
  • Minimizes nutritional losses in edible oils
  • Maintains freshness and quality of crude oils during long distance transportation
  • Broadens the range of oils in food processing
  • Offers carry through protection to fried foods, thus enhancing their storage life and freshness
  • Facilitates use of saturated oils, thus preventing excess levels of cholesterol in oils and fats
    

Applications of TBHQ Cotton Seed Oil Soyabean Oil Mustard Oil Coconut Oil Safflower Seed Oil Cannola Oil Peanut Oil Tallow (Beef) Lard Margarine Fried Potato Chips Instant Noodles

Olive Oil Sunflower Seed Oil Palm Oil Corn Oil Animal Fats & Lards Citrus and other essential oils Palm Olein Butter Fat (Anhydrous) Mixed Nuts Other Fried Foods

Olive Oil Sunflower Seed Oil Palm Kernel Rice Bran Oil Lemon Oil Orange Oil Peppermint Oil Cereals & Grains Fried Nuts Peanut Paste

RESULTS:
http://www.camlinfinechem.com/docs/Financial%20Quarter%20Ending%20Sept%2030th%202011.pdf

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=27793 

EXPECTING GOOD RETURNS FORM THE COMPANY ....... ONCE MKT BOTTOMED OUT INVEST  FOR LONG TERM . ACCUMULATE AROUND 110-120 LEVELS

STOCKS TO LOOK FOR-------- INVESTMENT BUY

Nutraplus Products (India) Ltd

NutraPlus Products (India) Limited (NPIL) is a limited company. NPIL was incorporated as a private limited company in February 1990. Manufacturing unit was commissioned to make APIs and Intermediates in 1995. Various products were made earlier. For a fine organic chemical manufacturing unit first 6 to 7 years period is crucial in a sense that proficiency in handling certain unit processes is developed. Base on such expertise higher value and profitable products then could be taken up. In spite of liberalization of imports, reduction in import duties and indigenous competition, company has withstood uncertainties. 

roducts & Services.

The company has specialized in handling products and chemistry of following types:

• Polluting Chemistry
• Hazardous Chemistry
• Sensitive Chemistry
• Hazardous and critical raw materials.

The company has unique expertise to derisk & streamline the manufacturing process ,thus making the manufacturing process easy to scale up and implement the same.

 LINK FOR FINANCIAL PERFORMANCE

 http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=4534

CMP AT 21 STOCK CONSOLIDATED AT 17 EXPECT SOME FIRE WORKS IN THE COUNTER WATCH AND ACCUMULATE


 Samrat Pharmachem Ltd

Samrat Pharmachem Limited was incorporated on 16th June, 1992, at Ankleshwar in Gujarat State of India. It was promoted by Mr. Lalit Mehta & Mr. Rajesh Mehta The Company is currently manufacturing Iodine salts & Bromine salts. The finished products produced by the Company are used in various industries like Pharmaceuticals, Chemicals, Food, Fertilizer, Salt etc.

The products of the Company are well received in Indian & Foreign markets.  The company is presently employing 30 people for its operations at Ankleshwar & Mumbai.

LINK TO FINANCIAL PERFORMANCE  

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=4878 

STOCK TO ACCUMULATE AT CMP 33 AND ADD ON DIPS

The main entry norms for companies making a public issue (IPO or FPO)

The main entry norms for companies making a public issue (IPO or FPO)
are summarized as under:

Entry Norm I (EN I): The company shall meet the following
requirements:
(a) Net Tangible Assets of at least Rs. 3 crores for 3 full years.
(b) Distributable profits in atleast three years
(c) Net worth of at least Rs. 1 crore in three years
(d) If change in name, atleast 50% revenue for preceding 1 year should
be from the new activity.
(e) The issue size does not exceed 5 times the pre- issue net worth
To provide sufficient flexibility and also to ensure that genuine companies
do not suffer on account of rigidity of the parameters, SEBI has provided
two other alternative routes to company not satisfying any of the above
conditions, for accessing the primary Market, as under:

Entry Norm II (EN II):
(a) Issue shall be through book building route, with at least 50% to be
mandatory allotted to the Qualified Institutional Buyers (QIBs).
(b) The minimum post-issue face value capital shall be Rs. 10 crore or
there shall be a compulsory market-making for at least 2 years
OR

Entry Norm III (EN III):
(a) The “project” is appraised and participated to the extent of 15% by
FIs/Scheduled Commercial Banks of which at least 10% comes from
the appraiser(s).
(b) The minimum post-issue face value capital shall be Rs. 10 crore or
there shall be a compulsory market-making for at least 2 years.
In addition to satisfying the aforesaid eligibility norms, the company shall
also satisfy the criteria of having at least 1000 prospective allotees in its
issue
b. Is there any category of entities which are exempted from the
aforesaid eligibility norms?
Yes, SEBI (DIP) guidelines have provided certain exemptions from the
eligibility norms. The following are eligible for exemption from entry
norms.
Frequently Asked Questions on Issues and use of ECS for Refunds – For Reference Only 4
(a) Private Sector Banks
(b) Public sector banks
(c) An infrastructure company whose project has been appraised by a
PFI or IDFC or IL&FS or a bank which was earlier a PFI and not less
than 5% of the project cost is financed by any of these institutions.
(d) Rights issue by a listed company

Welspun Global Brands Ltd

 Welspun Global Brands Ltd my last recommendation  posted results for sep quarter this is the first results after the company separated .

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=30250

Sundaram Clayton Ltd

Sundaram Clayton Ltd   (BUY AT CMP 163.00)

An Introduction
 

The Sundaram-Clayton ltd is a part of multi crore TVS group. It is a jointpartnership between TVS and Clayton Dewandre of Germany. Even though the partnership has been dissolved the group retains the old name. It is located at Padi and hands a Sprawling facility. It is a parts supplier to many prestigious auto companies like(VOLVO,HYUNDAI,FORD,TVS etc)The pressure die casting machine here is the largest in India about 3200tonnes.The two divisions regarding which Mr.Shivakumar enlightened us were DIE CASTING UNIT
1.Gravity Die Casting
2.Pressure Die Casting
 

They provided the protective eye glass for all our students. the first we saw isthe gravity die casting unit. The raw materials used in the die casting process are aluminium and aluminium alloys. They are fresh aluminium bar which is known as- INGOT and also recyclable aluminium. They melt the aluminium above600 degree Celsius in a RBT furnace. After melting the molten metal is taken by a tilt type ladler which is for transferring the material. It is taken to the holding furnace with pyrometric temperature control and molten metal is poured in the gravity die casting machine and they get the required shape. The melting capacity per year is 32000tonnes.

 

The pressure die casting unit at the company was very impressive. It injects the molten metal is poured into the provision made and then a hydraulic piston injects the metal at very high pressure into the mould. Pick and place robots then remove the partfrom the mould and is manually cooled by the operator using a water sprayIn the machining division consists of four CNC machines for ,machining

 

thecomponents (MAKINO,CHIRON,HARDINGE,DECKELetc)They have the leak testingmachine to check the leak in the components which has been die casted. .And also they have endoscope testing using camera the wire is sent inside the component that may be viewed in the monitor and they check and if any damage it may be rejected.(eg:Around 3or 4 components are rejected from 5000 components in average)

The components which were moulded here are ladder frame, combibraket,1.4 oil pan assy, rocam oil pan assy, case trans axle assy, rod shift, UH oil panassy, holder comp lost motion assy, diesel case transmission, clutch housing etc.

http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=538

BUY FOR LONG TERM (AT LEAST NEXT 6 MONTHS) U MAY GET DECENT RETURN

(STOCK IS A 5.RS. F.V)

Investment Philosophy

Investment Philosophy is value based fundamental analysis of companies with the following characteristics:
Small Market Capitalization
High Entry Barriers, Pricing Power & Market Share
High RoCE
Low D/E
Strong Corporate Governance
High Promoter Holding
Nil Equity Dilution
Stable Growth Prospects
Respectable Dividend Yield
High Asset Turnover Ratio
Low Raw Material to Sales Ratio
Low EV to Net Free Cash Flow
my  indicative rate of return on our clients’ funds is 20% CAGR

Welspun Global Brands Ltd ( buy at 38.00)

Welspun Global Brands Ltd.

Marketing, sales & distribution of Home Textiles. The following Companies comes under Welspun Global Brands Ltd:

Welspun Retail Ltd.

Retail in India under brands ‘Spaces Home & Beyond' and ‘Welhome'

Welspun UK Ltd.

Retail under brands 'Christy' and 'Kingsley Home'

Welspun Sorema Europe, S.A.

Manufacture and  retail of Bath Rugs and Shower Curtains under brands 'Sorema' and 'Graciozza'

Welspun USA Inc.

Marketing, sales, distribution & design of Home Textile MAREKT CAP IS 38 CR INVESTMENTS  ARE AT 181 CR AND HAS BRANDS JUST BUY

Varun Industries Ltd business details

Varun Industries Ltd

Steel

Full backward integration has transformed company from trading to manufacturing ofthe Steel

Manufacturing of Stainless steel ware products

Exporter of steel ware products across global market

State- of –the- art Stainless steel ware Manufacturing plant at Vasai

Manufacturing plants for Re- Rolling Steel, Steel Flat* and Pig Iron Plant**

Estimated total production capacity of approx. 6.70 Lac MT Per Annum

Mines and Minerals

Diversified into Mines and Minerals in Madagascar

Awarded 1,111 mining blocks for Uranium (Thorium and Gold as by product) covering 6950 Sq. Km.,having reserves level of about 1.7 M. Mt. of Uranium, 4.35 M. Mt. of Thorium and 53,000 Kgs. ofGold

JV with Cluff Resources Pacific NL, Australia for exploration of Gold Mines

Received clearance for Iron Ore Mines from Govt. of Karnataka for setting up Pig Iron Plant in Bagalkot, Karnataka

Energy

Diversified into Oil; Natural Gas and Wind Energy

 8.95 MW Wind Turbine plant at Rajasthan and Tamil Nadu

 Rig drilling contract with ONGC and project commenced at Assam

 Onshore and Offshore Oil and Natural Gas Block at Madagascar.

Onshore block covers 6,884 Sq. Km. and Offshore covers 13,299 Sq. Km.