Saturday 8 November 2014

DYNEMIC PRODUCTS LTD. - RESULT UPDATE


Our latest Value Pick - Dynamic Products Ltd. (Link to recommendation) recommended on 07th of November 2014 at Rs 75.00.

Today the company has announced great September quarter results as follows.

It is now clear that the performance is sustainable as September quarter numbers have come out good.
Sales of 34.35 crores this quarter means that this is the best quarter ever for Dynemic in terms of sales, Previous high being the March 14 Quarter with sales of 32.71 crores.

We repeat our view - At cmp of below 80, Value investors should latch on to this stock for Mid to Long-Term for a target of Rs 200. Stock can touch 200 anytime in next 2 years, It can even meet this target in 6 months.

13 comments:

  1. Fantastic...holding DP @ 49/-....

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  2. Sir what is your opinion on kesar terminals

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    1. I have been asked about this stock a lot, even outside the blog... I will surely analyze it and post on the blog if its worth.

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  3. Sir your view on marksans pharma

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    1. I have booked my profits in it... bought it around 5.

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  4. Sir i m a short term investor and would like to invest for around 6-9 months could u pls suggest me some shares

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    1. Tough to advice personally.. You can go for Dynemic the latest pick :)

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  5. Dear Sir

    What is your Views on Saurashtra Cement Limited

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    1. Stock is cheap against other cement stocks but promoters have pledged almost 99.40% of their holding, For a company which has promoter holding of 64.42% i don't think its good.

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  6. Hi Ace,

    Whats your view about this quarter's result and whether to accumulate hold or sell. The results are very bad and promoters are being unclear on capacity expansion .
    I am holding a huge qty at 80 :(

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    1. I agree results are disappointing but one must not judge a company with one quarter and regarding capacity expansion i think it is a known fact that Dahej Unit is planned for FY16.

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  7. Hi Ace,
    after the current Dec 15 quarter results, I spoke to a lady on a number which was mentioned as the investor relations number in their website. She mentioned that the Dahej plan is stuck in approvals and it may take 1-2 years more to start production from there. Their current plants are running at 80% utilization and they are not able to improve the utilization above 80% as they are not able to manage the effluent treatment in the current capacity. The sales and Op profit is expected to be flat or a bit below last year for FY16. Doesn't look like it will improve in the next 2 years until the new plant is fully functional. What's your take based on the above facts?

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    1. Yes i also heard that, I would still like to hold it since it is still cheap when compared to Vidhi can be a good multibagger in next 3 years.

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