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reetesh
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Joined: 01/Sep/2006
Location: India
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Posts: 793
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   Posted: 09/Sep/2006 at 1:56pm |
Right Sir, Rallis is Tata owned company, they are into making of Pesticides, they had very good R&D but last year they hive them into a seprate company called Advinus Therapeutics Pvt. Limited.
Advinus is a new company, which will be undertaking the business of Drug Discovery and Pharmaceutical Development Services. This new company has been promoted by the Tata Group and is led by Dr. Rashmi Barbhaiya, a highly experienced and well-known scientist in this field.
Rallis will have a strategic equity stake in the new company.
Never looked at Bayer Cropsciences seriously, yes their management is good but like other MNC`s they are boring they hardly take any interest in Indian operation, their results are also lumpy this is some what true with Rallis also for last 2 qtrs, but they are into business that are in nature lump.
Regards,
Reetesh..
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basant
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Posted: 09/Sep/2006 at 2:14pm |
Yes that is a problem with all MNC's but once an opportunity comes they will be ahead and finally they will do a buy back when they think that the markets would boom. See what e serve and digital did or cadbury or blue dart for that matter. Some how I feeel MNC companies are good solid long term growers but never a big multibagger.
Over the past 5 years I have never invested in any MNC except eserve which I bought in 2001 October which was snatched away by the parent just before it was a six bagger!
Keep an eye on Advinus without putting on my thinking cap this spin off should do well. Normally I have a fancy for spin offs since they represent either big value and subsequently growth.
Edited by basant - 09/Sep/2006 at 2:15pm
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reetesh
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Posted: 09/Sep/2006 at 2:17pm |
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That is why I said I like Rallis rather than Bayer, I own few shares bought in 2004.
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Ajith
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Joined: 06/Aug/2006
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Posted: 09/Sep/2006 at 8:13pm |
Monsanto was one small good investment I made before 1990 when the equity was 1 crore sold off as a good multibagger so there can be MNC companies who do not delist though the overhang can pull down PEs.
Rallis looks intersting for that investment.The Tatas are going to be great valuecreators,I feel.
United Phosphorous can become a great multinational,perhaps.
Edited by Ajith - 09/Sep/2006 at 8:36pm
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Ajith
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Vivek Sukhani
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Joined: 23/Jul/2006
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Posted: 10/Sep/2006 at 8:59am |
If I have to pick interesting plays in this sector, I will got :
1.Monsanto India.
2.Syngenta India.Although, I didnt like the way they converted such huge cash which they were having into Working Capital like Debtors and Inventories.
3.Excel Crop Care, although, they are into pesticides which will not be so lucrative an industry as more and more GM seeds are introduced.
4.Farm equipment has many players to my comfort level.So, would rathere avoid them.
5.Fertilisers I would like to own, because even if they dont have pricing power, yet we cannot do away with fertilisers.I would go for fertiliser companies which are reducing their debt in a big manner and also Debtors. My best pick in this pick, will be Chambal.
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kulman
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Joined: 02/Sep/2006
Location: India
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Posts: 9319
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Posted: 11/Sep/2006 at 1:35am |
| ITC joins big league in Punjab agro projects |
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| Komal Amit Gera / New Delhi/ Chandigarh September 12, 2006 |
| (Business Standard) |
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| After making a foray into Madhya Pradesh, ITC is now exploring the interiors of Punjab. The firm will market vegetables under the ITC brand name. |
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| The company has engaged 100 farmers in the district of Malerkotla to grow vegetables like cabbage, sweet peas, and tomatoes. |
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| To begin with, ITC will supply branded vegetables door to door in Chandigarh in a traditional way through company-operated carts. |
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| According to company officials, it will be a win-win situation for farmers and ITC. "Farmers do not have the facilities to store perishables and the nearest market from Malerkotla is in Ludhiana. They will benefit from this. A farmer growing conventional crops like paddy and wheat can earn up to ten times more if he grows off-season vegetables," an executive said. |
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| As the farmers get backward and forward linkages under the contract with the firm, it saves time, which is spent in purchasing inputs and disposing of output, which many of them utilise in other vocations like dairy farming. |
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| The companies also profit from such arrangements as they get an assured output of desirable quality from the farmers, compatible with their requirements. |
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| ITC has proposed a tie-up with State Bank of Patiala to provide financial assistance to the farmers. Malerkotla is the traditional vegetable-growing belt of Punjab and the availability of large number of small and marginal farmers in that pocket makes it viable for the corporate to undertake the project there. |
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| The Bharti Group has started the cultivation of fresh vegetables at Laddowal near Ludhiana in its model farm for export and is expected to expand its operations. |
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| Reliance has also signed a deal with the Punjab government to executive its ‘Field to Fork’ project. If all the companies fulfil their promises, there would be a metamorphosis of Punjab’s agriculture.
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Source: http://www.business-standard.com/general/storypage_test.php?&autono=104315
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Life can only be understood backwards—but it must be lived forwards
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reetesh
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Posted: 16/Sep/2006 at 8:36pm |
Sir, there is a stock SHAKTI PUMPS, it is a niche player in making pumps it could be great play on Agri. business.. Its expansion coming on stream from december, next year could do 4 time that of what is did today, it makes pumps that saves power they are expecting 100cr, order from MP alone in next 2 years..
Kindly look at this, it could well be a good buy at 115
Regards,
Reetesh.
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When going gets tough, that’s when tough (people) gets going.
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kulman
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Posted: 27/Sep/2006 at 2:34pm |
FieldFresh Foods Private Limited, a joint venture between Bharti Enterprises and ELRo Holdings - an investment company of Rothschildh said it will invest Rs 250 crore in the next three years to set up cold storage facilities and farm related infrastructure across the country. The company would further increase land under cultivation to one lakh acres in the country.
Those interested in this article may visit Business Line link:
Does anyone have idea about Cold Storage Equipment Makers who might benefit? I can think of Voltas, Kirloskar Pneumatic, Blue-Star.....
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