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: Supreme Industries Post Reply Post New Topic
<< Prev Page  of 9 Next >>
Author Message
praveen
Senior Member
Senior Member
Avatar

Joined: 09/May/2008
Location: India
Online Status: Offline
Posts: 543
Quote praveen Replybullet Posted: 22/Apr/2010 at 10:29pm
Another consistent qtr.

Net sales of 512 cr
Profits of 37 cr
EPS of 14.6
9M EPS of ~37/-
FY10 (June ending) EPS should be around ~60 (last qtr amounts for ~40% of the profits)
The quest for knowledge is a never ending Journey
IP IP Logged
abhishekbasu
Senior Member
Senior Member
Avatar

Joined: 07/Sep/2008
Location: India
Online Status: Offline
Posts: 335
Quote abhishekbasu Replybullet Posted: 22/Apr/2010 at 11:19am
Q4 may be better as they have not booked much of the revenues on their property sale in Q3. So, I am expecting the Other Income in Q4 to be much higher. And the core business is also doing reasonably well.

IP IP Logged
Market Maniac
Senior Member
Senior Member


Joined: 22/May/2010
Online Status: Offline
Posts: 245
Quote Market Maniac Replybullet Posted: 22/May/2010 at 8:31pm
Supreme is a solid company.
 
I think its the best proxy on plastics in India where the per capita plastic consumption is 6kg while the world average is 25kg.
 
Plastic consumption is growing at 15% per annum, the same rate as the nominal economic growth.
 
Now its M. Cap is 1300Cr but still 0 institutional shareholding amid all the hoopla about india growth story. Non promoter holding is 50%
 
The comp. has a payout ratio of 33% so 20/- divident assured of which 5/- alredy paid. 
 
 
IP IP Logged
bihisello
Senior Member
Senior Member


Joined: 28/Apr/2010
Online Status: Offline
Posts: 557
Quote bihisello Replybullet Posted: 29/Jun/2010 at 12:33pm
Supreme Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 16, 2010, inter alia, to transact the following business :

1. Consideration of Audited Financial Accounts of the Company for the year ended June 30, 2010 and recommendation of Dividend on Equity Shares; and

2. un-Audited Financial Results for the Quarter ended June 30, 2010.

3. To consider Stock-split / Sub-division of Equity Shares of the present 2,54,05,374 Nos. of Equity Shares of Rs. 10/- (Face Value) each fully paid-up, at such Face Value per Equity Share, as the Board may decide, subject to approval by the Shareholders in General Meeting.
IP IP Logged
praveen
Senior Member
Senior Member
Avatar

Joined: 09/May/2008
Location: India
Online Status: Offline
Posts: 543
Quote praveen Replybullet Posted: 21/Jul/2010 at 10:57pm
Good Results
FY10 results
Top Line closer to ~2000crs. NP at 144 crs. EPS at 57 /-
Dividend declared at 13 per share. Total dividend for FY10 at ~18 bucks.


Edited by praveen - 21/Jul/2010 at 10:59pm
The quest for knowledge is a never ending Journey
IP IP Logged
Market Maniac
Senior Member
Senior Member


Joined: 22/May/2010
Online Status: Offline
Posts: 245
Quote Market Maniac Replybullet Posted: 21/Jul/2010 at 11:48pm
2.3L sq. ft. will be sold to generate approx. 150Cr by Dec. 2010.

IP IP Logged
praveen
Senior Member
Senior Member
Avatar

Joined: 09/May/2008
Location: India
Online Status: Offline
Posts: 543
Quote praveen Replybullet Posted: 21/Jul/2010 at 8:17am
Originally posted by Market Maniac

2.3L sq. ft. will be sold to generate approx. 150Cr by Dec. 2010.



Unlikely as commercial real estate market has yet to pick up. It would be more like Dec 2011.
The quest for knowledge is a never ending Journey
IP IP Logged
smartcat
Senior Member
Senior Member
Avatar

Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
Quote smartcat Replybullet Posted: 22/Jul/2010 at 12:17pm
Good results yes. I'm surprised Supreme doesn't garner as much investor/brokerage attention as other plastic processing companies like Sintex.
IP IP Logged
<< Prev Page  of 9 Next >>
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 0.063 seconds.
Bookmark this Page

Join Theequitydesk.com Today!

It’s easy to Join and it’s free.

Here's why members would love to be a part of theequitydesk.com

  • Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
  • Live discussion forum wherein members can discuss the current Indian share Market trend, BSE Sensex or the Nifty Index.
  • Have huge cache of information on Indian and World Share Market.
  • Analysis of Indian stock market, Global events, Investing insights, portfolio management strategies and thoughts,
  • Meet investors from round the globe check their investing strategies share experiences and learn for their experiences on stocks and shares, evaluate opinions on investing in India.

Register now while it’s free!

Already a member? Close this window and log in.

Join Us           Close