Zen Technologies
Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=2376
Printed Date: 21/Apr/2025 at 12:23pm
Topic: Zen Technologies
Posted By: perknlife
Subject: Zen Technologies
Date Posted: 07/Sep/2009 at 3:23pm
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I had picked a small qty in this scrip at 206 but I ened exiting at 275 today. Wonder why such an upmove today. Guys any news that i might have missed out. ------------- Perknlife has a long way to go.... |
Replies:
Posted By: prabhakarkudva
Date Posted: 07/Sep/2009 at 3:58pm
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I hold this stock substantially.Bought more than a year back and had been buying all through the meltdown.I have a lot of belief in the management and their ability to execute orders in hand. I also asked this same question on my portfolio thread today.But now that i think a little bit more abt it,the reason MAY be what i read in this year's annual report that i received last weekend. Along with its s/w simulations business,this company also plans to leverage a rule which says any foreign player who wants to get a share of defence business in india has to buy parts/expertise worth 30% of their business from a local player.Zen has a lot of expertise in the field of selling to indian defence organizations,which apparently is a long drawn process.So all in all their next phase of growth will come from aligning with big foreign players in the defence industry and sharing zen's expertise with them. This is a long term vision,i dunno if its responsibe for the price rise. ------------- Take your chances and keep them in a box until a quieter time. |
Posted By: perknlife
Date Posted: 07/Sep/2009 at 9:02am
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thanks for the info. Since i'm reside out of India, It's hard to get copy of annual reports. thanks for the info ------------- Perknlife has a long way to go.... |
Posted By: shivkumar
Date Posted: 28/Sep/2009 at 11:23am
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the company has been buying back its shares regularly. that makes it a really good deal for investors. Its ratios like ROE and ROCE have been consistently high. ROE at around 25 since 2005 while ROCE between 23 and 30 during this period. see the link http://archives.indiainfoline.com/company/ratio.asp?ltnum=26&lmn=4&co_code=&fdcd=&shcd= - here : |
Posted By: eulav
Date Posted: 04/May/2010 at 2:19pm
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Big spike in price today. They have not announced any new orders for a while and the stock was declining at a leisurely pace. Does anyone still track this company ? Have they bagged any new defence contracts for the Simulators causing the spike ? |
Posted By: eulav
Date Posted: 20/May/2010 at 11:33am
| There was supposed to be a Board meeting to consider the results and decide on dividend. Todays BSE announcement mentions dividend of 4.5 Rs, but nothing on the results. Any idea why the results were not declared ? I wrote to the investor id of Zen, but no reply to that. |
Posted By: Rehan
Date Posted: 21/May/2010 at 12:15pm
Result http://www.bseindia.com/xml-data/corpfiling/announcement/Zen_Technologies_Ltd_210510_Rst.pdf - here
dont think it is any great . Order value also very poor.
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Posted By: prabhakarkudva
Date Posted: 21/May/2010 at 2:46pm
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I've held this stock before.The management is quite capable but the business is not easy.They are planning to do something new and innovative,so all the risks associated with start ups exist here.Just keep an eye out for their order book numbers.I exited the stock last year when i saw the order book deteriorate.
------------- Take your chances and keep them in a box until a quieter time. |
Posted By: manish_okhade
Date Posted: 23/May/2010 at 1:59pm
Hi Prabhakar,
Except following, do you have any idea how the sale may increase in terms of new products offering, defence capex increase etc? Hoe Zen is unique in terms of any offerings?
1) RJ is holding it
2) 30% collaboration restriction
3) Share buyback and good financials
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Posted By: chimak10
Date Posted: 23/May/2010 at 2:16pm
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In my short life as investor i have learned that following any big investor only nets you lemons in life.
Arora failed big time in 2008. I am a big fan of RJ but i had indage viniters, prabhakar had zen lot of people would have bought geometric, mid day and sundry cases. RJ has bet only small amount in this stock do keep that in your mind so please bet proportionally. Manish sir you would know all these beforehand this is for every new sucker that comes in the market. I am seriously doubting bhaiyaas investing acumen. |
Posted By: manish_okhade
Date Posted: 23/May/2010 at 3:30pm
Investing is no different than casino most of the time. Any investment is based on certain assumptions and assumtions are remain assumptions till turned out to be right.
Sometimes, only sometimes market gives unique value proposition when one doesnt need assumptions. For example when company is growing but stock is falling alongwith global metdown. Other example is stock has cash cloe to 100% and it comes with growth whatsoever minuscule free!
Beyond above whoever made the money (RJ, RD etc) are either plain lucky and we can say they were more audacious and well versed in managing the odds via full portfolio instead of individual stocks.
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Posted By: chimak10
Date Posted: 23/May/2010 at 3:38pm
Why such a pravachan to a mungerilal like me. |
Posted By: pramodjain
Date Posted: 18/Jul/2010 at 12:50pm
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It is a special IT co its business only depend only on india defence expenditure. not on globle business ------------- "We simply attempt to be fearful when others are greedy, and greedy only when others are fearful." |