Thursday, 19 October 2017

HAPPY DIWALI


Wish all the readers and their loved ones a Happy Diwali and a very prosperous new year ahead.

The stock which I shortlisted to publish today has already went up by more than 15% on Friday so I will not be posting any new stock today. Inconvenience is regretted. 

Hope to write something new soon!

Wednesday, 18 October 2017

Diwali Greetings & New Stock

Image result for diwali

  Wish all my readers & their families a Happy Diwali and a Prosperous New Year.
Hope everyone has benefited from the blog..

This DIWALI on Thursday, New stock will be updated on the blog before Muhurat Trading around 3PM. (i.e. 19 October 2017 - 3 PM IST)

Market will be open for Muhurat Trading on 19th October, The timings :-
6:15:PM - to - 7:30:PM.

Happy Investing and once again Happy Diwali friends!

Tuesday, 12 September 2017

Hello from Ace Equities!

Dear Readers,

As I had informed you all in my earlier post "Dear Readers"

I am happy to announce about our new venture "ACE EQUITIES" http://aceequities.in



Since many years I am fondly called as "THE ACE INVESTOR" by all of you. And now with ACE Equities I want all my beloved readers to become ACE INVESTORS too!

Being in the stock markets since 2005, I know how difficult it is for investors & traders to make money in the markets, if you do not get the right research. I have always wanted to bring an end to this over complicated way of managing money in the stock markets by providing an All In One solution for all your financial needs.

ACE Equities as a SEBI, NSE, BSE Registered Business Partner of Edelweiss, brings to you a complete solution for all your trading and investing needs.

As you all know, the USP of ACE EQUITIES is our unmatched RESEARCH! We are bringing it all to you at ZERO charges or fees! The brokerage rates are competitive to the overall retail broking industry too.
Since you all love reading the blog, I will continue to post my inputs on it. But I cannot put all my trading & investment ideas on the blog, hence there is so much more which you can get!


To get all our services for FREE* you just need to open a Demat & Trading account with us.

Benefits of opening an account with us includes :-
-Trade & Invest across platforms from Mobile App, Desktop, Laptop, Phone Call.
-Free accurate Intraday & BTST Calls
-Free accurate Positional Calls
-Free Multibagger Picks
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-Portfolio Management Services.
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*You have to actively trade with us in order to receive our services. Just opening an account is not enough.


Opening an account with us is a quick and easy three step process!

STEP ONE  : You just need to arrange the following set of documents and send it to us by courier/regular post to our address :-

ACE EQUITIES
GROUND FLOOR
1A MADHAV CHATTERJEE LANE
KOLKATA - 700020
BESIDE SAATVIK RESTAURANT
NEAR SHRI CALCUTTA GUJARATI SAMAJ
MOBILE #: +91-7003109741



Checklist of documents required for Indian Residents:
DocumentCopies
PAN Card – Permanant Account No.2 copies - self attested by the applicant
Adhaar Card2 copies – self attested by the applicant
Bank Statement of the last six monthsAttested by the bank or should have the bank logo
If bank statement is unavailable – IT Return of last FYSelf Attested by the applicant
Cancelled Cheque of the bank to be linked with DP1 Cheque leaf
Passport Size Photograph of the applicant2 photographs (Aprx. 2 X 2 inch)


STEP TWO : Receive a pre-filled account opening form at your address, Sign at the required places.

STEP THREE : Send it back to us with a margin cheque and in 7 working days start enjoying all the benefits of being The ACE Investor!

For further information/clarifications: Whatsapp on +91-7003109741 or write to us on ace.equities@gmail.com

Thanks & Regards,
Prem Doshi
ACE Equities

Tuesday, 29 August 2017

Dear Readers

Dear Readers,

I started writing this blog back in October 2014.

In the last three years, most of the stocks that I have penned down here have performed exceptionally well. There have been stocks that doubled,tripled,quadrupled and more in no time while there are many that have not performed. Also there are many which went totally contrary to my expectations.

A review in Feb 2017 of the stocks discussed on the blog showed the performance: http://theaceinvestor.blogspot.in/2017/02/review-since-beginning-of-time.html

It has been great to pen down my understanding of the stocks on the blog. I really appreciate the kind of love and support my readers have provided. There were times when I felt like putting my blogging to an end because of the negative comments and all the trolling, But due to your support I stayed on.

To talk about the markets now, Markets work in phases and we need to adapt to it to make money.
I remember back in 2010, I was actively trading in Stock Futures.
2010-2013 was a golden period for trading in stocks that were part of F&O segment.
2014-2016 was a complete stock pickers market, Midcap and small cap investors made crazy money.
Off late now in 2017, Scouting for Multibaggers and Value Picks has become difficult for value investors.
Right now we are again in a phase when F&O Stocks are providing great movements to trade.
Prime reason for this has been that we don't have much value on offer in the mid & small caps space.
But this doesn't mean we should forget value investing right now, Infact to zero in on a value stock right now we need to study it better and that improves the chances of favorable results.

So readers, expect high activity on the blog again.
Will be scouting harder for value stocks and start posting some new ones on the blog soon.
At the same time we look to actively trade in the Top 500 stocks including the names that are in F&O to make the most of the current phase of market. Wait for an announcement regarding the same.

Hoping for your continued support,
Thanks & Regards,
Prem

Thursday, 3 August 2017

UPDATE: The Mandhana Retail Ventures Ltd

TMRVL (The Mandhana Retail Ventures Ltd) posted on the blog at 193 on 19th May 2017.

THE MANDHANA RETAIL VENTURES LTD: CMP 150, Exiting and Booking Loss seems to be the best option in front of us right now, since the company will soon announce quarterly results the june quarter and if the company repeats the trend of march quarter losses. It will be hard to sell TMRVL even at double digits.
At 150 we book a loss of 22%.

Tuesday, 18 July 2017

VALUE PICK: INEOS Styrolution India Ltd






INTERESTING STOCK TO WATCH:

INEOS STYROLUTION INDIA LTD
MCAP: 1700 Odd Crores.
CMP: Around 995/-
CURRENT P/E: Around 25.

NEGATIVE: Slow Growth.
POSITIVE: Sectoral bullishness.

INEOS is one of the two main manufacturers in Indian market for ABS (Acrylonitrile butadiene styrene) The other company is Bhansali Engineering Polymers Ltd. INEOS is a MNC and one of the world leaders in Specialty Chemical, Polymer space.

INEOS and Bhansali both are having a capacity of 80,000 MT each.
While demand for ABS in INDIA is at 2,75,000 MT and is expected to grow by close to 15% CAGR in the medium term. Bhansali recently announced the bull market Expansion plans to take the total capacity to 1,37,000 MT in the short-term and to 2,00,000 MT in the long term funding it with internal accruals.

If the sector is getting hot, We would expect this MNC to manage their business better and focus on it as well.

INEOS promoters hold 75% stake in the company, Making it a potential MNC delisting candidate.
Valuations wise, INEOS is cheaper compared to Bhansali.

FY17 full year nos:-
















When the markets are clocking all time highs, specialty chemical and this sector has been buzzing. INEOS looks like a good opportunity which is not over-valued in this market. A 40% rally from CMP will take INEOS close to 1400 at a valuation of close to 35 P/E against FY17 earnings. With FY18 expected to be better for the sector.

Technically, INEOS is having a breakout on the daily charts closing above 1000. Its a 5 years cup and handle breakout on the charts. :-


















Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that i might have INEOS Styrolution India Ltd in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.

VST TILLERS TRACTORS UP 30% IN 1 MONTH

VST TILLERS UP ALMOST 30% IN 1 MONTH.

Update: I posted VST Tillers Tractors Ltd on the blog on 2nd June 2017 when the stock was trading at 1920. I wrote about a 30% rally and on 7th July 2017 the stock touched a high of 2495. Clocking a gain of 29.95% in just 1 month. Hope readers enjoyed VST.

Fresh write-up coming on the blog today at 2:30 PM.

Friday, 2 June 2017

MONSOON PICK: VST TILLERS TRACTORS LTD



















INTERESTING STOCK TO WATCH:

VST TILLERS TRACTORS LTD
MCAP: 1600 Odd Crores.
CMP: Around 1920/-
CURRENT P/E: Around 23.

NEGATIVE: Slow Growth.
POSITIVE: Sectoral bullishness

VST is India's largest manufacturer of Power Tillers (Walking Tractors).
VST is also into tractors and has brands such as SHAKTI.
VST is is also into Rice Transplanter, Power Reaper, Engines, Agriculture Implements.

AGRICULTURE stocks should be in focus as this year the monsoon is expected to be normal. The start of the monsoon has also been satisfactory, With MODI govt agenda of doubling the Farmers income by 2022. We can expect good time for Agriculture theme stocks going forward.

If we compare VST against ESCORTS, VST has better margins, slower growth and better valuation at CMP. ESCORTS with lower margins, turnaround play is at a P/E of 50+ which is more than double of what VST is presently hovering at.

If we look at VST monthly chart, you would notice every year since 2009 except once or twice the Stock has rallied in the month of June or July. Sometimes there are modest rallies of 8-10% sometimes mega rallies of 30-40%. I believe this year with everyone gung ho on Monsoon and market in the bulls grip. VST may be a good opportunity to buy and hold for a month or two.

Take a look at their website: http://www.vsttillers.com/

Technically there is a cup and handle breakout on the monthly charts for the stock above 2060 levels.


Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that i might have VST TILLERS TRACTORS LTD in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.

Thursday, 1 June 2017

UPDATES: B&A LTD, THE MANDHANA RETAIL VENTURES LTD.

First of all, apologies for delayed update.
I met with a mishap at the gym last week and fractured my knee cap and now on bed rest and pain killers.
Results for both B&A LTD and TMRVL (The Mandhana Retail Ventures Ltd) came out in the meantime.

B&A LTD: like all other tea companies has given negative results this year, which is contrary to my expectations.
The stock had moved from 200 to 355 and is again available around 200 now. Even though results are bad I don't think it is any different from other tea companies, I still believe that the TEA sector can give big movements this year. The tea price trend has to translate into earnings even though it is not happening just yet. But that is how TEA as a sector is, It is known to test your patience a lot.

People who have patience should hold and freshers can also consider entering at these levels. At 60 crore market cap it does look undervalued.

THE MANDHANA RETAIL VENTURES LTD: For the march quarter suddenly TMRVL posted losses, and the stock has corrected enough to price in bad numbers. As of now it is not known what could have caused the company to suddenly report losses. Whether any operational changes or transition caused one off or whether the company failed to realize profits in normal business remains a question. Given the full year numbers, TMRVL remains very cheap compared to all other peers in the branded clothing sector. The news of 18% GST on branded clothing got a lot of hype and that has pushed the stock lower too. It seems the stock has now found some support near 150 levels and should start journey for a recovery.

Friday, 19 May 2017

Value Pick - The Mandhana Retail Ventures Ltd - Being Human

Image result for being human poster salman khan
The Ace Investor
The Mandhana Retail Ventures Ltd
  Listed on both NSE: TMRVL & BSE: 540210
Currently trading around 193 with a market cap of around 440 crores.
Promoters hold 42.95% stake.
It has a Total Debt of around 19 crores.

The Mandhana Retail Ventures Ltd (TMRVL) is the demerged branded clothing business of Mandhana Industries. TMRVL is in the business of design, manufacture, retail, distribute: men, women, kids clothing & accessories as the Global Licensee of the brand Being Human till atleast 2020.

Being Human Clothing needs no introduction, The fashion brand under the Being Human NGO run by one of India's biggest superstar Salman Khan. The NGO with its philanthropic activities has evolved wonderfully over the years. Its fashion venture Being Human Clothing has also done great. 

Today TMRVL operates: 60 EBO (Exclusive Brand Outlets) stores of Being Human across India and 5 EBOs overseas in Nepal, West Asia, France, Mauritius. The company as per reported data as on Oct end 2016 had 650 Point of Sales in Total for Being Human by EBOs, MBOs, Franchisees and Online partnerships.

The company now wants to focus on Tier II, Tier III cities by opening 100 new Being Human stores in the next two-three years as well as focus on going global as per news reports.

As per recent Media Reports quoting the management. The company besides Being Human is keen to get into similar business partnerships with other celebrities not only with Bollywood Starts but also the Indian Sports Fraternity by releasing their labels and paying them royalties.

Lets now take a look at financials and valuations of the company :-

As you can see TMRVL is undervalued compared to two of its peers,  TMRVL is available at a P/E of 14x with Market Cap to sales of 1.85 while Indian Terrain trades at a P/E of 31x and KKCL trades at a P/E of 25x.

Both Indian Terrain and TMRVL have similar percentage of promoter stake pledged. So that should not be a major driving force in the rating mismatch.

At valuations of 30x TMRVL should trade at 417. That is a potential upside of 111% against current price of 197.

TMRVL enjoys the advantage of indirect and direct marketing and endorsement by Salman Khan as he sports the Being Human Clothing all the time at Public Appearances as well as in his movies. The key negative here would be the dependence on one brand Being Human and the Brand's dependence on one man Salman Khan.
However, The company's plan to tie up with other celebrities can negate this risk and dependence on Being Human Brand.
Plus: Salman Khan's friendships get him a lot of Models (other bollywood celebs) for this brand,  If Salman can get someone like SRK to also endorse the brand its going to get a lot of hype.

As per latest Shareholding Pattern filing for quarter ended March 17- Rakesh Jhunjhunwala holds 12.74% stake and Ramesh Damani holds 1.03% stake. Recently, ChrysCapital acquired 3% stake at Rs 200 per share.

Technically on the charts: If we plot the daily line chart we have a sort of falling wedge breakout in TMRVL which activates on closing above 200.


All in All, I feel this is a good under valued opportunity available in the market as the stock has not run up at all. With Salman's Tubelight releasing this Eid on 23rd June it can be another trigger for the stock. Tubelight has a Cameo of Shah Rukh Khan and both the superstars are going to be seen together on the silver screen after 10 years.

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that i might have The Mandhana Retail Ventures Ltd in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.