SKM EGG PRODUCTS EXPORT (INDIA) LTD - RESULT UPDATE

SKM Egg Products recommended on 15th October @ 47.90 is now trading around 81.25 up almost 70% from recommended levels.


::LINK TO RECOMMENDATION::

Today company has announced great September quarter numbers as follows.

It is noted that promoters have increased their stake further from 53.57% to 54.03%.

Do not sell a single share of this company, Hold for long-term multibagger returns.

Fresh investments can still be done in this company, because there are better nos. to follow as company is planning to tap many countries and regions simultaneously.

UPDATES - 28TH OCTOBER 2014

YBRANT DIGITAL

(BSE CODE: 532368)

:LINK TO ORIGINAL CALL:

Buy recommended at 53, Now trading around 60. up 13 %

 Hold for long-term, Investors can still add more or buy fresh at current level.

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 PRIME PROPERTY DEVELOPMENT CORPORATION LTD.

(BSE CODE: 530695)

:LINK TO ORIGINAL CALL:

Buy recommended at 23.50, Now trading at 27. up 14.90 %

Hold for long-term, Investors can still add more or buy fresh at current level.

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COMMEX TECHNOLOGY LTD.

 (BSE CODE: 532342)

 :LINK TO ORIGINAL CALL:

Buy recommended at 2.74, Now trading at 3.63. up almost 33 %

Hold for huge returns, Gamblers can add more at lower circuits for huge long-term targets.

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SKM EGG PRODUCTS EXPORT INDIA LTD.

 (NSE SYMBOL: SKMEGGPROD)

:LINK TO ORIGINAL CALL:

Buy recommended at 47.90, Now trading at 70.25. up almost 47 %

Investors can still add more or buy fresh at current level.

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VALUE PICK - SKM EGG PRODUCTS EXPORT (INDIA) LTD

About The Company

SKM Egg Products Export (INDIA) Ltd. is a  Tamil Nadu based company exporting a range Egg Products to Europe, Japan and Asia.

Company is having the largest egg processing plant in Asia with a capacity of 1.8 Million eggs per day.

Their poultry farm is ISO 22000 certified. Bio-security is maintained and poultry farms are registered under establishment as per the norm of European Union. 

Their products are mainly used by various companies for Bakery, Confectioneries, Noodles, Pasta, Meat, Fish, Mayonnaise, Salad Dressing & e.t.c.

The Ace Investor - Value Pick

The stock is currently trading on the NSE at 47.90, Recently it has seen huge buying interest as the company has got an approval from Russian govt.and their products are now said to be in trial phase before they actively start exporting to Russia, The company has plans to tap various untouched markets other than Russia where the demand for the products are high but availability is an issue.

The company reported a topline of Rs 237 crores and a bottomline of Rs 6.67 crores last FY, The company has reduced the Debt from about Rs 90 crores in FY11 to about Rs 60 crores in FY14.

Though the stock might look expensive looking at the P/E of 14.23 there is a huge scope for the earnings to boom soon as demand for food items are expected to increase further and if Russia has given the nod there are certainly many other countries which the company is going to tap, Given the declining debt and promoter stake of 52.36% this stock is a clear-cut long-term buy.

Long-Term investors should latch on to this hidden gem with a target price of Rs 180-220 in next 3 years.

THE GAMBLERS IDEA - COMMEX TECHNOLOGY LTD.

THE GAMBLERS IDEA

BSE CODE: 532342

 

COMMEX TECHNOLOGIES IS A GAMBLERS IDEA AND IS NOT A VALUE PICK FOR INVESTORS.

 

CURRENTLY TRADING AT 2.74 THE COMPANY IS UNDER FORENSIC AUDIT RELATING TO ITS PARTLY OWNED COMMODITY EXCHANGE (UCX) SCAM.

THOUGH THE GENERAL CONSESUS IS TO AVOID THE STOCK, WE BELIEVE THE STOCK HAS CRASHED FROM 30 TO 1.80 IN NO TIME AND NOW STARTING A RECOVERY WHICH COULD LAST A BIT.

GAMBLERS CAN BUY IT FOR A TARGET OF UPTO RS 10/15 WITHIN 1-2 YEARS.

VALUE PICK - PRIME PROPERTY DEVELOPMENT CORPORATION LTD.

About The Company

Prime Property Development Corporation Ltd. specializes in high-end urban properties having projects located mainly in the Western suburbs of Mumbai, from Bandra to Goregaon. The Company’s property development is broadly classified into categories comprising residential apartments, celebrity houses, commercial properties and malls. 

The Ace Investor - Value Pick

(BSE CODE: 530695) Currently the stock is trading at 23.50 while book value of the company is 40.55, Current P/E at 4.06 while Industry Average P/E is 21.55, The stock is available at cheap valuations and right from 2007 the company has paid regular dividends, When you look at the result it might look fishy but in reality there are periods of no activity that's why sometimes there isn't much in the sales and profit front, With the recently concluded buy back the promoter stake in the company has jumped to 71.47% which sure is a good indication.

Investors should buy this stock for a target of Rs 65+ which we expect it should easily achieve within 1 or 2 years.

VALUE PICK - YBRANT DIGITAL LTD. (LYCOS INTERNET LTD) - SHINING DIGITAL FUTURE

About The Company

Ybrant Digital to be known in future as Lycos Internet Limited (Board Approved)

+ is one of the leading Indian digital marketing company with significant global presence

.

 + offers multi-channel platform with proprietary technology to reach consumers across different screens (net, mobile, video, social media) & across countries including faster growing emerging markets such as Latin America, Israel, India, China and Australia.

 + Made 12 corporate investments over the last six years to achieve wider market penetration in terms of product & reach.

 + Generates over 1.5 billion searches and 34 billion impressions per month to service 150+ agencies & brands of over 2000+ advertisers and 6000+publishers across 140 countries.

 + Owner of premium brands like Lycos, Gamesville, Tripod and Angelfire

+ Ybrant also emerged as a player of relevance for three of the top five publisher networks and three of the top five advertising agencies globally.

 + Ybrant Digital partnered through advertising agencies with blue chip advertisers and publisher networks including MTV, Yahoo, Samsung, Facebook, MSN, Viacom, Amex, Mastercard, Maruti Suzuki, Bharati Airtel,Sony India, Coco Cola, Star India, Vodafone, Reliance Communications, Samsung Electronics, Lenovo, ING, British Airways, Qatar Airways, Titan, Unilever, P&G, Mazda, Hyundai Motors, Tata Motors, ICICI Bank, LIC, HP, Telstra and ITC.

The Ace Investor - Value Pick

(BSE CODE: 532368)

The company reported consolidated top line of Rs 1673 crores and bottom line of Rs 221 crores in last FY.

It is a virtually debt free company and they are planning to launch a shopping website called Lycos Shopping which will help them ride the E-Commerce wave going on in the country as well as the world, Having gone through the company performance it is safe to assume that even if the Lycos (search,shopping,local) fails the company's Digital Marketing revenue is expected to remain robust on back of strong industry demand for digital visibility/promotions.

Currently the stock is trading around 53 with a p/e of 10.50 whereas only listed local listing giant (JustDial) is trading at a p/e of 96.

Investors must pick Ybrant Digital in their portfolio and forget for next 5 years expecting a target of Rs 500 per share.