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.

27 comments:

  1. Sorry to hear about your knee fracture. Pray for your speedy recovery.

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  2. Take care. Get well soon. Knee injury is a big problem.

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  3. What should be done with richa industry?hold or exit?

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  4. What should be done with richa industry? Hold or exit?

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  5. Saudi Subsidiary making huge losses, Mandhana not a stable business, RJ and RD entered due to promoter selling the shares, they will soon dump is my feeling. As a franchise, its OK

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  6. It seems people are cursing you, though I am in loses in Mandhana which I sold off taking hitof minus 8000rs, I did notcurse you but many shars are down like saksoft, arrow, mandhana, somehow i made losses and out

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    1. Saksoft doubled in no time, Arrow is still at okay level, Mandhana just given.

      It is sad to see your comment, and if you feel my blog is useless and you must curse it, please avoid reading my friend.

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    2. Wondering how one can blame for the decision of his own. Even paid subscribed blog also sometime contribute in losses. Please learn and invest in small quantity till you get some profit and gradually increase your investment and risk level.
      Sorry for your losses but restart with positive frame . If same is not possible switchover to some good mutual fund and relax yourself.
      Happy investing
      H

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  7. Pray for your speedy recovery. What about very bad performance of CareerPoint ?? Please update whether to book loss !!!

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  8. Do you still recommend to hold tmrvl or exit as it had posted negative results

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  9. wish you speedy recovery sir.. Thanks for the update!

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  10. wish you speedy recovery sir... Thank you for the updates!

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  11. sorry to hear about your knee.I am an orthopaedic surgeon,do ask me if u need any help.After reading about TMRVL I invested, now at loss but averaged.I am a long term investor so don't really care about these losses.Anyway this is capital market.I was sitting over losses in V2 retail for 1.5 yr now its a 3 bagger and holding.
    Get well soon.

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    1. Thank you mam. I am surprised with the loss that TMRVL has reported. Will wait it out, it is otherwise undervalued. I understand promoters don't have great reputation but same was the case with Ind Terrain too.

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    2. never mind sir, don't bother about Stocks,
      Get well soon.

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  12. dear sir, i ll pray for your speedy recovery. so we should average mandhana around 150?

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    1. Don't average.. Averaging is not a good idea, why invest more in a share that is falling? If it has to give profits it wold give even at a cost of 197. Bringing the average a notch down will not help..

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  13. sorry to hear about your knee injury. take rest and i wish you for the fast recovery.

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  14. dear sir,
    what is your opinion regarding HDIL.I personally never cared about profit or losses I always trusted in logical analysis.So I want to know your opinion. I always believed ultimate decision of buy or not lies on investors shoulder and not on you ,your analysis is only a little light at the end of the tunnel and it's not binding.Weare human not GOD. For my losses I always blamed myself not others.

    So plz if u can summarize ur thinking about HDIL I will think about it,and will never held you or anybody responsible for my profit or losses.

    GET WELl SOON.
    DR Swati Chakraborty (Me and My Husband both are Your Big Fan)

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  15. God Bless you and hope you get well soon. Please take complete rest and follow the doctors orders to the letter since a knee injury if not taken care properly can have long term effects. Coming to Mandhana, it may be due to Demonetization, i attended the con call for Monte Carlo and they were heavily impacted by it. That being said it should not be the case in Tier 1 cities where everyone has a credit cards and all big stores have online payment. My conclusion from Monte Carlo's call and their unsold inventory accumulation was Q 1 will be bad as well and so i would be watchful of Mandhana as well. The plan to sell in Tier 2 and Tier 3 cities is great but we need to take into account the rampant knockoffs that are sold in India. People in Tier 1 cities will pay for quality and are more brand conscious. Hence i feel that we should watch this story unfold first and wait for one more quarter for any fresh buys. I sold in minutes after the news of GST at minor loss and have no plans of entering before looking at the next quarter results. There are so many good stocks so not taking the risk.

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  16. Sorry to hear about your knee fracture Sir. Pray for your speedy recovery.

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  17. Get well soon sir...my prayers with you.
    i also have shares of harrison malayalam ,currently under loss but will wait

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  18. Sir i need insight to become like you...can you giive as a roadmap to understand share market

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