Joined: 07/May/2007
Location: India
Online Status: Offline
Posts: 26
Posted: 07/Nov/2007 at 9:07am
Compact Disc India Ltd has informed the BSE that it has secured animation-outsourcing contract worth $19.80 million. This deal has been inked with a digital entertainment company called iMedia Ventures Ltd and CDI, to animate a sci-fi, cum thrill er film, titled '3000 BC'. Internationally acclaimed actors will be lending their voices for this animated movie.
'3000 BC', a science fiction cum thriller film, revolves around the journey of a traveller who travels from the ancient period i.e. 3000 BC to the modern era, 2052 AD. The film bridges the gap between an untraceable past of the glorious world to the unse en future. This unique animated film is an attempt to show the continuity between the world's history and its present.
With the forging of this deal, CDI will make this 3D Animation film over a timeframe of 21 months, at their studio, which is being set up at the Kinfra SEZ, Trivandrum.
Compact Disc India Ltd (CDI) (BSE), India’s leading integrated media and Entertainment Company expects to achieve a sales turnover of Rs. 103.00 crores during 2007-08. Incorporated in 1992 Compact Disc India Ltd. (CDI) is one of the largest Animation Outsourcing Company in South Asia.
Financial Highlights FY 2006-07
·Sales revenues higher by 49% at Rs. 5029.09 lacs
·Profit-After-Tax (PAT) increases by 515% to Rs. 817.63 lacs
·Profit-Before-Tax (PBT) increases by 333.24% to Rs. 878.48 lacs
·Earning per Share (EPS) higher at Rs. 8.54 as compared to Rs. 1.39 last year; higher by 514.38% (Annualized).
·CDI continues to be the largest animation film outsourcing Company in South Asia.
The total sales is expected to be about Rs. 103 crores while the market
cap of the company is just 83 crores. The company has been growing at over 100% annualy but still the PE is just 9. I guess the company deserves better valuations. Already a leader in its sector, company is expanding regularly as well as winning projects from time to time.
Joined: 13/Oct/2007
Location: India
Online Status: Offline
Posts: 23
Posted: 19/Feb/2008 at 1:52pm
Source: BSE - Compact Disc India Ltd has informed BSE that the Company has recently secured another animation feature film outsourcing contract, Eternal Love. The contract value is US$15.70 million. It is a story about true love. It revolves around an architectural masterpiece-Tajmahal, a tribute to a beautiful woman and monument for enduring love, which is best described by the English poet, Sir Edwin Arnold as "not a piece of architecture, as other buildings are but the proud passions of an emperor's love wrought in living stones. It is a celebration of a woman built in marble and finished by jewellers". Tajmahal has a life of its own that leaps out of marble provided one understand that it is full of poetry and the romance that shroud it. Few big Hollywood celebraties are involved with this ambitious project. They are planning to simultaneously produce a live action feature film besides a musical drama for Broadway. This animation feature film is slated to be released in December 2009. Date: 2008-02-18
Source: BSE - Compact Disc India Ltd has informed BSE that Global Internet Ltd a promoters' group Company has purchased 290,000 equity shares of the Company from the market. The promoters’ share holding has increased from existing 11.857% to 14.88%.
Date: 2008-02-19
Already the largest company in Animation space in South-east Asia, Compact Disc continues to win projects. Recently a PE fund, SAMARA CAPITAL, has invested $12.5 million. Given its growth it is highly undervalued. As it is a very small company, no mutual fund has exposure into it. Moreover, it is rarely tracked by any Brokerage house. However, recently HDFC securities covered this stock. No doubt it is a High Risk / High Reward stock but isnt it that we find multibaggers among these scripts only. In my opinion it is a potential multibagger in 3-4 years. I think many people at TED wont like to touch this stock, as it has very small market cap. But in my view, its small size only will give it enough room for maintaining that high growth rate. Also, as per estimates, animation space has huge potential in future. So what we have is, growing sector, huge growth rate, market leader, small size but expanding & a very undervalued company.
Joined: 13/Oct/2007
Location: India
Online Status: Offline
Posts: 23
Posted: 03/Mar/2008 at 5:15pm
Source: BSE - Compact Disc India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 29, 2008, inter alia, has discussed and approved the following items placed before them: 1. Approved to create new posts and appoint 3 nos Presidents to independently look after Animation Production, Business Development and Finance, Legal & Secretariat works of the Company. 2. Approved to broadbase the Board by appointing 3 new independent Directors, who shall be renowned and professionals in the fields of Media, Finance and Business Development. These appointment shall be made within 3 months time. 3. Approved the Business Plan for the FY 2008-09. 4. Approved for the change of Registrar & Share Transfer Agents. After considering competitive pricing of various parties, it was approved to appoint Beetal Financial & Computer Services Pvt Ltd, 99, Madangir, New Delhi 110062 as the new R&T Agents with immediate effect. 5. Approved the withdrawal of the approval given for the issue of equity shares and convertible warrants on preferential / open offer basis to Samara Capital Partners Fund I Ltd and Mr. Ashish Kacholia, Private Investor. This approval was withdrawn on the issue of few due diligence points, as the Company has entered into a very strict confidential and secrecy agreements with its overseas principals. 6. Approved the appointment of Religare Capital Markets Ltd., as Financial Advisor for the fund raising exercise. 7. Approved to appoint an independent Investors Relations Consultants for constant and strong communication with the current and prospective shareholders / investment communality. Date: 2008-03-03
Another withdrawal in these turbulent times. The world certainly is not fair. How can investors back-off after commitment ? Hope they raise the money sooner than later, which already would be difficult in the face of the dismal global scenario.
However, gud news is the expected 2008-09 results released by the management looks gr8. Profits for FY 2008-09 seen at Rs 38.4 crores up about 90% from the FY 2007-08. They are likely to achieve this years target. FY 2008-09 EPS seen at Rs. 38 (without Equity Dilution)
Joined: 13/Oct/2007
Location: India
Online Status: Offline
Posts: 23
Posted: 15/Mar/2008 at 9:10pm
Great move by the company...moving to co-production is more profitable than just doing outsourcing work...my conviction in this company is growing stronger with time.
Compact Disc ropes in Gary Molen of Jurassic Park fame to produce movie
Animation biggie Compact Disc India has joined hands with Gary Molen of Jurassic Park and Schindler’s List fame to produce a movie titled Playing with the Enemy.
“We are pumping in $30 million for the project thereby making it the biggest movie ever produced by any Indian producer so far,” said Compact Disc India chairman Suresh Kumar.
The movie is based on the World War II Drama. It’s a co-production with White Light Entertainment which has to its credit blockbusters like Jurassic Park and Schindler’s List.
The movie revolves around a baseball player who finds redemption in teaching German Prisoners of War how to play baseball will start production in Canada in May.
According to Mr Kumar, White Light Entertainment is the world’s largest and the most profitable studio. The production house has to its credit 19 Academy Awards and a total box office collection for the fourteen movies they have produced so far of over $ 4 billion confirmed Kumar.
CDI is making animation films Soccer, a $20.15 million 90 minutes 3D animation starring soccer star Ronaldo, and Eternal Love - a $15.70 million love story revolving around Taj Mahal. The company is also planning to list on AIM market of the London Stock Exchange in April-May 2008. The company achieved a sales turnover of Rs 103 crore in the FY 07-08.
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