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haricharan.ln
Groupie
Joined: 03/Jan/2010
Location: India
Online Status: Offline
Posts: 85
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   Posted: 28/May/2010 at 12:22pm |
Originally posted by atulbull
page industries ltd. reported net profit of Rs 9.93 crore in the quarter ended
march 2010 as against net profit of Rs 5.55 crore during the previous quarter
ended march2009. Sales rose 46.5% to Rs 82.68 crore in the quarter ended
march2010 as against Rs 56.40 crore during the previous quarter ended march2009,
EPS for the quarter was rs 8.9 as against rs.4.98.
Sales for the year ended march 2010 increased 33.4%
to rs 339.37 crore as against rs 254.65 crore,net profit was 39.61 crore as against 31.63 crore,
full year EPS was rs35.51 as against rs28.36 for the year ended march 2009. |
why no dividend this time ard?
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nikhil090
Senior Member
Joined: 06/Nov/2006
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Posts: 1344
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Posted: 28/May/2010 at 8:32am |
Good results.. Sales growth is there which is quite good. How they respond to competition would be the question. Also when would promoters stop reducing their stake may be another question.. There stake is down by more than 6% in last one year..
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vijayM
Senior Member
Joined: 21/Dec/2007
Location: India
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Posts: 649
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Posted: 29/May/2010 at 1:15pm |
Basant sir,
waiting for your comments on Page Ind. after their Q4 results.
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If a business does well, the stock eventually follows:Warren Buffett
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 29/May/2010 at 1:53pm |
Originally posted by vijayM
Basant sir,
waiting for your comments on Page Ind. after their Q4 results. |
Seems on track, no great shakes though. Market will ultimately pay for earnings growth and even if they can maintain a 25%-30% CAGR its investors will do well.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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hit2710
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Joined: 15/Jun/2009
Location: India
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Posts: 4013
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Posted: 04/Jun/2010 at 11:41am |
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Based on strong brand value, consistent earnings, pricing power, and EPS of around 35-36, Basantji, dont you think Page is an equally good buy as titan? At trailing pe of 25, personally I think it makes a great buy because I dont see the growth slowing in the foreseeable future. The brand loyalty for the brand is amazing.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
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Posts: 9319
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Posted: 05/Jun/2010 at 4:24pm |
| The brand loyalty for the brand is amazing.
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True.
One Mumbai based agency Syndicate Textiles/Surya Agency has organised Jockey Factory Seconds Sale in Pune since yesterday.
I went to one of the locations & was overwhelmed by the response they are getting to this Sale. The sale is
on for one more week. The goods are factory rejects so have some minor defect.
Here are few pics from the location:
Disclaimer of a value buyer: I bought couple of chaddis for Rs. 55 per pc (Market price Rs.75).
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CHINKI
Senior Member
Joined: 07/Feb/2007
Location: India
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Posts: 2827
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Posted: 05/Jun/2010 at 6:43pm |
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They do have two shops in Bangalore which sells seconds of Jockey.
Since more than a month, these shops do not have any stock.
Looks like all of them might be shifted to Pune!!!
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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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hit2710
Senior Member
Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
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Posted: 05/Jun/2010 at 6:51pm |
Another thing about chaddis is they need to be replaced much more frequently than say a cooker or a watch or jewellery. And if market crashes, they need even more frequent replacements.  So the stock seems to be a stock for all seasons.  Question remains about entry price only.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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