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kulman
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Quote kulman Replybullet Topic: Dynamatics Technologies: Power Packed
    Posted: 04/Jan/2008 at 11:47am
Originally posted by jstk

Not mentioning any value stocks here as time frame is generally not definite.

 

Purely from opportunity/growth perspective, I believe Dynamatic Technologies Ltd, an engineering products & services company will do very well.

Key business highlights:

1)Hydraulics:It is Asia’s largest manufacturer of Hydraulic Pumps and aiming to be in world top 3 by this year end ( it is currently no.5)

2)Aerospace: produces Airframe structures & precision Aerospace components.Doing lots of work for Indian defence & recently signed a MOU with the world largest Aircraft commercial airplance assemblies & component company Spirit Aerosystems ( Europe) for doing work for Airbus.

3)Fluid power systems including complex Aircraft ground support systems &Marine power packs

4) Foundry : produces high quality non ferrous alloy and castings for industrial, automotive & aerospace applications

5) Engineering R&D: their division Powermetric is an engineering services provider which includes product development cycle, delivery to market

All the above are related businesses.

 

post,JKM Daerim ( produces ferrous & non ferrous engine & transmission components) which is currently an approx 70% subsidiary becoming a 100% subsidiary, equity will be 4.8 cr & m/cap at current price of Rs.1500 will be 720 cr.

Mgmt quality is top notch and focussed on growth.

 
Thanks Jstk for initiating discussions on this one. We had breifly discussed it on TED here. 
 
 
 
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praveen
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Quote praveen Replybullet Posted: 20/Aug/2008 at 5:05pm
I think its time that we have a closer look at this one again. As already mentioned management quality is of the highest order.  Valuations look reasonable.
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