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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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 Posted: 22/Mar/2007 at 2:39am |
This is a wonder stock.....perhaps the only company apart from pidilite where I invested for growth. Another example of what regular bonuses can do....wonderful wealth creation.
However, I beleive they should not have given bonus in this ratio of 1 for one. May be they are getting too aggressive in converting reserves... a small cause of concern for this piece of beauty called opto circuits.
regards,
Vivek
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deepinsight
Senior Member
Joined: 18/Sep/2006
Online Status: Offline
Posts: 980
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 Posted: 23/Mar/2007 at 2:49pm |
Vivekji:
Would you outline your thoughts on Opto Circuits? the key reasoning. As you can see from all the mails above I am big fan of the company.
Thanks
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"Investing is simple, but not easy." - Warren Buffet
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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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 Posted: 26/Mar/2007 at 8:24pm |
well deepinsight, I dont understand business models, groth, expected growth etc.... I look at numbers and thats it....the best thing I like in case of Opto circuits is that they increase their EPS even after doling out such liberal Bonuses.... just shows what potentail this company has.... it doesnt need any triggers, no analyst talk, no backing from any one..... it just marches on...even in a correction like this look at opto circuits.... it has such satisfied investors, what modelling does one need then....
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vnstks
Newbie
Joined: 25/Sep/2006
Online Status: Offline
Posts: 39
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 Posted: 27/Mar/2007 at 9:29pm |
This stock has also been recommended by Ramesh Damani in his chats at rates of around 150 or so...
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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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 Posted: 27/Mar/2007 at 9:54am |
Well.... Opto has created so much wealth for its investors.....mot only bu way of bonuses but also by the way of dividends.....There will be very few disillusioned shareholders with Opto Circuits..... its an Investor's delight!!!!! This is one company which has all the potential to barget into the exclusive territory of large caps in the coming years....
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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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 Posted: 26/Apr/2007 at 12:26pm |
It has made 2 new acquisitions again.....this company is an illustration for wealth-creation.....look at their execution.....absolutely delightful......you never have to bother about their FY09E or FY10E and stuff like that......the analysts will go on making all sort of forecasts and they will keep on beating them with elan...hope deepinsight is listening
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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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 Posted: 26/Apr/2007 at 12:28pm |
Opto Circuits India Ltd has informed BSE that the Company has signed purchase agreements to acquire Medical Equipment Companies in India namely Devon Innovations Pvt Ltd and Ormed Medical Technology Ltd.
The Companies manufacture products like Catheters, Stone graspers, Stone Baskets, Dilator Sets etc, for different specialized applications mainly in the areas of Urology, Gastroenterology and Gynaecology.
Devon Innovations manufacture Catheters and allied products for various medical segments and Ormed deals in Orthopaedic Prosthesis & Surgical Disposables. Both Companies are ISO 9001 Certified Manufacturing Companies. Devon Products have the CE Mark also.
The acquisition of these Companies will help the Company to extend their penetration in India also in the international Health Core market. The Company has already entered the Cardiology Speciality successfully. This acquisition will not only give a synergy in Manufacture and Marketing its Cardiac Stents but also give the Company presence with products in the specialities of Urology, Gastroenterology and Orthopaedics in the domestic and International market.
BSE Announcement
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deepinsight
Senior Member
Joined: 18/Sep/2006
Online Status: Offline
Posts: 980
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 Posted: 26/Apr/2007 at 4:56pm |
Originally posted by Vivek Sukhani
Opto Circuits India Ltd has informed BSE that the Company has signed purchase agreements to acquire Medical Equipment Companies in India namely Devon Innovations Pvt Ltd and Ormed Medical Technology Ltd.
The Companies manufacture products like Catheters, Stone graspers, Stone Baskets, Dilator Sets etc, for different specialized applications mainly in the areas of Urology, Gastroenterology and Gynaecology.
Devon Innovations manufacture Catheters and allied products for various medical segments and Ormed deals in Orthopaedic Prosthesis & Surgical Disposables. Both Companies are ISO 9001 Certified Manufacturing Companies. Devon Products have the CE Mark also.
The acquisition of these Companies will help the Company to extend their penetration in India also in the international Health Core market. The Company has already entered the Cardiology Speciality successfully. This acquisition will not only give a synergy in Manufacture and Marketing its Cardiac Stents but also give the Company presence with products in the specialities of Urology, Gastroenterology and Orthopaedics in the domestic and International market.
BSE Announcement |
Vivekji:
this would be positive as it adds manaufacturing competence in India and also relates to the French acquisition for catheters.
Past acquisistions have also been sound.
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"Investing is simple, but not easy." - Warren Buffet
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