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Message Icon Topic: Symphony Comfort Systems - iPod of Cooler Post Reply Post New Topic
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vishu013
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Quote vishu013 Replybullet Posted: 15/May/2012 at 2:15pm
Originally posted by rohit1889

What is the problem that this sector is facing? Why are the sales of Symphony going down as compared to last year? The summer this year too hot as compared to last year. Symphony should have increased its sales as per this logic. Am i missing something?


I recently tried to buy their product in Bangalore. But it was not available in any of the leading stores. I was about to buy another brand but the natural cooler started working here .. it rained ;-)
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jagbir
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Quote jagbir Replybullet Posted: 15/May/2012 at 6:03pm
Originally posted by vishu013

Originally posted by rohit1889

What is the problem that this sector is facing? Why are the sales of Symphony going down as compared to last year? The summer this year too hot as compared to last year. Symphony should have increased its sales as per this logic. Am i missing something?


I recently tried to buy their product in Bangalore. But it was not available in any of the leading stores. I was about to buy another brand but the natural cooler started working here .. it rained ;-)


I have same observation. I roamed in few local stores in Gurgaon for cooler purchase and didn't find Symphony anywhere. One owner said they don't stock that because public usually picks only cheaper, local made and there's no complaint. At the end, I have also picked one custom made at 4.5k tag. Though, this also suggest symphony has lots of market to penetrate.


Edited by jagbir - 15/May/2012 at 6:04pm
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Khan
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Quote Khan Replybullet Posted: 15/May/2012 at 11:21am
Yesterady I happened to see an ad for Symphony cooler on Star TV Shopping. They were highlighting sale of 5000 units and reduction of price from 6690 to 6490.
Usually I have not seen such branded items on these shopping sites, which generally sell unbranded items at big discounts and with freebies.

Edited by Khan - 15/May/2012 at 11:22am
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srisaurabh2000
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Quote srisaurabh2000 Replybullet Posted: 18/May/2012 at 12:14pm
Originally posted by rohit1889

What is the problem that this sector is facing? Why are the sales of Symphony going down as compared to last year? The summer this year too hot as compared to last year. Symphony should have increased its sales as per this logic. Am i missing something?
 
In their conf call they had indicated that due to extended winters, the sales of coolers had started late. And that had caused the impact. Checked in couple of small towns in Jharkhand and the sales are doing good in those places.
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rinkumalpani
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Quote rinkumalpani Replybullet Posted: 02/Jun/2012 at 3:22pm
Looks like this also is breaking down after some cosolidation.Anyone following this ???..Is the breakdown with distribution or cause of short selling????

Edited by rinkumalpani - 02/Jun/2012 at 3:23pm
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Quote Circuit Replybullet Posted: 02/Jun/2012 at 10:57pm
Originally posted by rinkumalpani

Looks like this also is breaking down after some cosolidation.Anyone following this ???..Is the breakdown with distribution or cause of short selling????


Q.1. What is distribution?
In a trade for every seller there is a buyer so how does one identify if it is accumulation by smart people or distribution by even smarter people??

Q.2. Symphony does not trade in F&O. So how can one short sell ?


Fundamentalists and anticipators may have difficulties with risk control because a trade keeps looking ‘better’ the more it goes against them....Ed Seykota
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Khan
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Quote Khan Replybullet Posted: 28/Jun/2012 at 11:27am
Doubling exports in two years..

http://articles.economictimes.indiatimes.com/2012-06-27/news/32441573_1_coolers-global-markets-countries
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Quote Jimm0y74jp Replybullet Posted: 02/Feb/2016 at 8:20pm
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