Active TopicsActive Topics  Display List of Forum MembersMemberlist  CalendarCalendar  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin

Stock Synopsis
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
Message Icon Topic: Roman Tarmat Post Reply Post New Topic
<< Prev Page  of 2
Author Message
studentoflife
Senior Member
Senior Member
Avatar

Joined: 06/Mar/2009
Online Status: Offline
Posts: 313
Quote studentoflife Replybullet Posted: 26/Jun/2010 at 6:48pm
I think we have a stock where the company is more into contracting business and still the profits are handsome- Ahluwalia Contracts....
Roman Tarmat certainly has declining margins.
 
Asset owning company balance sheets cannot be trusted.Their valuations may not follow any clear guidelines.....


Edited by ramprakashs - 26/Jun/2010 at 2:09am
IP IP Logged
Stockboy
Newbie
Newbie


Joined: 01/Apr/2009
Online Status: Offline
Posts: 28
Quote Stockboy Replybullet Posted: 19/Aug/2010 at 12:38pm
Company has unexecuted order book of Rs.450 cr. Earlier they did not have escalation clause in their contracts, so the poor profits. Now they have built that into every contract. Management expects Rs.200 cr. sales for FY11, bulk of it coming in the second half. Does anyone know more here?
IP IP Logged
Stockboy
Newbie
Newbie


Joined: 01/Apr/2009
Online Status: Offline
Posts: 28
Quote Stockboy Replybullet Posted: 19/Aug/2010 at 1:18pm
Some more things. They expect a net margin of 7-8% this year. 12% from airports and 4% from roads. So I guess they averaged it. The stock seems to go nowhere for somtime, as far as i can see. That and the following below raised my interest.

1. No single entity owns more than 1%.
2. No brokerage reports.
3. No analyst has even contacted them for more than a year.
4. Pathetic past performance.

However the stock doesn't go down much. Someone starts to accumulate big time at Rs.55-56. Let me know if someone can dwell on more details.

Edited by Stockboy - 19/Aug/2010 at 1:20pm
IP IP Logged
<< Prev Page  of 2
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum



This page was generated in 0.109 seconds.
Bookmark this Page