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Topic: Supreme Industries

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Author	Message
abhishekbasu Senior Member Joined: 07/Sep/2008 Location: India Online Status: Offline Posts: 335	Posted: 19/Oct/2010 at 11:17am
	Supreme Industries’ net profit more than doubled to 40.3 crore for the quarter ended September 30, 2010, from 19.86 crore reported during the same period of the previous year. Net sales jumped to 470.5 crore from 342.57 crore a year ago.

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Ravenrage Senior Member Joined: 21/Jun/2010 Location: India Online Status: Offline Posts: 859	Posted: 20/Oct/2010 at 8:03pm
	Profits have doubled , this should be a nice compounder for the next 2 years . Edited by Ravenrage - 20/Oct/2010 at 8:05pm
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abhishekbasu Senior Member Joined: 07/Sep/2008 Location: India Online Status: Offline Posts: 335	Posted: 20/Oct/2010 at 11:10am
	Supreme is coming out with plastic gas cylinders. If it works well then it is slated to replace the metal cylinders that are ubiquitous now. That should provide a huge boost to the topline & bottomline in the years to come.

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Ravenrage Senior Member Joined: 21/Jun/2010 Location: India Online Status: Offline Posts: 859	Posted: 21/Oct/2010 at 10:24pm
	Yes , I saw that .
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Market Maniac Senior Member Joined: 22/May/2010 Online Status: Offline Posts: 245	Posted: 23/Oct/2010 at 2:51am
	EBITDA of plastic business has increased by only 3 Cr. Time Techoplast is also making plastic gas cylinders
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kushal.masand Senior Member Joined: 11/Feb/2010 Location: India Online Status: Offline Posts: 191	Posted: 05/Dec/2010 at 6:33pm
	hey i just want to knw that have they sold their property, as no where in the thread it is mention that they have.
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abhishekbasu Senior Member Joined: 07/Sep/2008 Location: India Online Status: Offline Posts: 335	Posted: 05/Dec/2010 at 11:21am
	They have sold partially. Expectation is that they will complete the full sale by Dec 2011.

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excel_monkey Senior Member Joined: 17/Nov/2009 Online Status: Offline Posts: 1281	Posted: 12/Dec/2010 at 8:54pm
	this is one midcap stock which has shown strength speaks a lot about the company
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