Joined: 04/Aug/2011
Location: India
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Posts: 865
Posted: 22/Oct/2011 at 11:11pm
Blue Star reports net loss of Rs 20.80 crore in the September 2011 quarter
Sales decline 12.18% to Rs 598.75 crore
Blue Star reported net loss of Rs 20.80 crore in the quarter ended September 2011 as against net profit of Rs 38.65 crore during the previous quarter ended September 2010. Sales declined 12.18% to Rs 598.75 crore in the quarter ended September 2011 as against Rs 681.77 crore during the previous quarter ended September 2010.
Particulars Quarter Ended
Sep. 2011 Sep. 2010 % Var.
Sales 598.75 681.77 -12
OPM % 2.27 9.63 -76
PBDT -15.97 63.97 PL
PBT -23.97 56.08 PL
NP -20.80 38.65 PL
Every day, self-proclaimed stock market "experts" tell us why the market just went up or down, as if they really knew. So where were they yesterday?
Joined: 01/Jan/2006
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Posts: 18403
Posted: 22/Oct/2011 at 11:39pm
No chance of recovery till 2014 - at least the commercial real estate market is in a deep mess and so are the fortunes of these companies.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 15/Jun/2010
Location: India
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Posts: 608
Posted: 24/Oct/2011 at 1:03pm
Originally posted by shontou
Blue Star reports net loss of Rs 20.80 crore in the September 2011 quarter
Sales decline 12.18% to Rs 598.75 crore
Blue Star reported net loss of Rs 20.80 crore in the quarter ended September 2011 as against net profit of Rs 38.65 crore during the previous quarter ended September 2010. Sales declined 12.18% to Rs 598.75 crore in the quarter ended September 2011 as against Rs 681.77 crore during the previous quarter ended September 2010.
Particulars Quarter Ended
Sep. 2011 Sep. 2010 % Var.
Sales 598.75 681.77 -12
OPM % 2.27 9.63 -76
PBDT -15.97 63.97 PL
PBT -23.97 56.08 PL
NP -20.80 38.65 PL
OPM of 2.27% . I think fixed priced contracts will keep hurting them. And as Basantji said recovery is not seen in couple of years.
I remained invested in this stock until the TED Mumbai meet; Excellent call Basant ji; benefited from your foresight......wish one day I can make such calls on my own
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 24/Oct/2011 at 2:45pm
Originally posted by RahulB
I remained invested in this stock until the TED Mumbai meet; Excellent call Basant ji; benefited from your foresight......wish one day I can make such calls on my own
Thank you Guys, I was out of it at much the right time.
Originally posted by nikhil090
Great call Basantjee..
Edited by basant - 24/Oct/2011 at 2:46pm
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
I remained invested in this stock until the TED Mumbai meet; Excellent call Basant ji; benefited from your foresight......wish one day I can make such calls on my own
Thank you Guys, I was out of it at much the right time.
This is exactly why I am looking forward to the "Basant's Corner" - To be able to benefit from such calls in short to mid term and able to learn to identify opportunities in the long term !
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. I think fixed priced contracts will keep hurting them. And as Basantji said recovery is not seen in couple of years.
