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 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Sector talk
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Hitesh Shah
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Quote Hitesh Shah Replybullet Posted: 08/Mar/2009 at 11:16am
Originally posted by Vivek Sukhani

Macmillan, if I remember correctly, is showing consistent decline in profitability.....


Also some corporate action happened. Don't know details but Ramesh Damani used to be active in this.
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Posted: 08/Mar/2009 at 11:19am
Publishing as a space is okay, but profitability is a concern. What do you say for Navneet?
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Hitesh Shah
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Quote Hitesh Shah Replybullet Posted: 08/Mar/2009 at 11:20am
Originally posted by Vivek Sukhani

Publishing as a space is okay, but profitability is a concern. What do you say for Navneet?


I was tempted but finally didn't get into it.
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Posted: 08/Mar/2009 at 11:27am
Good.....
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smartcat
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Quote smartcat Replybullet Posted: 17/Jul/2009 at 4:06pm
I bought a small quantity of West Coast Paper instead of BILT. Reasons -
 
- It has got a really cool name.
 
- No raw material volatility issues because they have license to cut down trees in Karnataka, and they have a factory right next to a river (so no water problems).
 
- Steady increase in sales & profits in the recent past - no hiccups in the middle. Closed FY09 with  net sales of Rs. 620 crores and a net profit of Rs. 90 crores.
 
- Marketcap of Rs. 300 crores, P/E of 3.5, P/BV of 0.6 and dividend yield of 6%.
 
- Owns a part of Rama Newsprint (current mcap Rs. 90 cr)
 
 
 
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9StockPortfolio
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Quote 9StockPortfolio Replybullet Posted: 17/Jul/2009 at 4:29pm
Originally posted by smartcat

I bought a small quantity of West Coast Paper instead of BILT. Reasons -
 
- It has got a really cool name.
 
- No raw material volatility issues because they have license to cut down trees in Karnataka, and they have a factory right next to a river (so no water problems).
 
- Steady increase in sales & profits in the recent past - no hiccups in the middle. Closed FY09 with  net sales of Rs. 620 crores and a net profit of Rs. 90 crores.
 
- Marketcap of Rs. 300 crores, P/E of 3.5, P/BV of 0.6 and dividend yield of 6%.
 
- Owns a part of Rama Newsprint (current mcap Rs. 90 cr)
 
 
 

Except Debt, everything else looks good for West Coast Paper Mills.
Still, I want to hear from Vivek why he gives preference to BILT than Deccan or WCPM.
Pursuit of Value
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Quote Vivek Sukhani Replybullet Posted: 19/Jul/2009 at 8:21pm
I already have West Coast. BILT I had exited during the buyback and the run-up prior to the buyback. Now, I am gradually trying to get back what I had sold out.
 
BILT, in its current form, now more of a consumer company rather than paper manufacturing company. West Coast is a very static kind of a company. Better than west Coast, I would rather bet with a Seshasayee or a JK paper.
 
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nitin_jagtap
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Quote nitin_jagtap Replybullet Posted: 20/Jul/2009 at 12:32pm

We might eventually see BILT being an end to end upstream and downstream player in the paper business...lot has to do with the branding that gautam thapar has planned for bilt ..right from planning to open exlcusive bilt stores upto sponsoring some major golfing events in India. Valuing the brand IMO will be tricky unlike the other players like WCPM or star or sheshasayee
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