1) What is the current production capacity 2) What is current utilization? 3) Is new plant operational? 4) The effect of new plants is not visible in post mar-10 QTR results. Why?
Lovana Property which is around 50% of the MCap and is disposable.
-the property has a frontage of 90mts(300ft) and extends 1000 feet inside like a rectangle.at a conservative 2000 rs.sq/ft 60 crs is a reasonable value for the property.
-the current rent the property receives is 1.7 crs so 3% yield seems reasonable for lonavla.
-the company shut its plant due to union problems and strikes.
-tops securities is guarding the premises currently.
-in lonavla the property market usually has 60%(black)-40%(white)ratio.
-there is no litigation in the property as per the info i received.
Co. started earning rent from the said property only from FY09.
Rent :
Joined: 15/Jun/2009
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Posted: 09/Feb/2011 at 8:38am
Originally posted by srisaurabh2000
Guess this property is where the big boss shooting takes place.
Are we talking about ABC Bearing owning this property in lonawala? Because I have seen the plant at Bharuch and it is located in a very attractive location.
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.
Guess this property is where the big boss shooting takes place.
Are we talking about ABC Bearing owning this property in lonawala? Because I have seen the plant at Bharuch and it is located in a very attractive location.
Joined: 17/Mar/2008
Location: India
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Posts: 1882
Posted: 07/Jun/2011 at 6:32pm
HOW IS THIS COMPANY AT 5 pe & A VERY DECENT DIV YIELD.HAVENT TRACKED THIS CO N SECTOR.VIEWS INVITED.
Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays
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