Monday, 11 September 2017

QUALITY DIWALI PICKS FOR SHORT TERM GAINS ............ (HANDSOME RETURN BY OUR RECENT PICKS TANFAC, JBM AUTO, HBL POWER )


# AKZO NOBLE INDIA LIMITED

# ASAHI SONGWON LIMITED 
 Asahi Songwon Limited is a Gujarat based company and is involved in manufacturing of pigments (Green-7 / CPC Beta Blue and Blue Crude). These products are used in various industries viz. ink, paper, paints, food, fabrics, etc.
- Company's clientele comprises global giants like DIC (Japan), Sun Chemicals (USA), Clariant Chemical India Ltd. and BASF (Korea).

Financial Summary:
Current Market Cap: Rs.406 crore
CMP: Rs. 333
Book Value Per Share: Rs. 127
FY 16-17 Sales Turnover: Rs. 258 crore
FY 16-17 EBITDA: Rs. 38 crore
FY 16-17 Net Profit: Rs. 25 crore
Debt Equity Ratio: 0.2
P/E: Around 16x

Promoters hold close to 66% of the shares in the company And DIC Corporation of Japan hold 14% equity in the company.  In the past two years, its margin has risen from 14% to 17% and is likely to reach 19% going forward. The top-line is expected to grow at 15-20% whereas the bottom-line is expected to grow at 20-22%.

CAN BE TAKE OVER CANDIDATE






17 comments:

  1. Ur stock pick awsome today ur jbm auto upper lock

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  2. Can't miss anything posted on your blog .. will add itself tomorrow... thanx 🙏🏽

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  3. I’m a regular visitor of your blog and in track with all stocks you have mentioned. Your picks rocks. Will add this tomorrow

    Thanks again

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  4. Can i buy asahi tomorrow?at what level??

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  5. Thank you , Ur picks are awesome

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  6. Thanks sir for new pik
    One que what is price for ab capital to enter for long term as per you? I have started buying sip base on evry fall is it ok?

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  7. 23000 cr mcap its attractive buy ab cap look at its peers trading much higher valuations

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  8. Money Control shows 43000 cr mkt cap

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  12. Hi there,

    Pls add me..

    Sodha.balram@gmail.com

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  14. Aarvee denim can also be a good buy at the level of 40 to 47 for Tgt of 59 , 69 and 76

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  15. How can i get notifications as blog updated or post any new

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