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Monday, July 27, 2009

COMPACT DISC INDIA LTD. JUNE QTR RESULTS & OPEN OFFER

The June qtr results of CDIL have been declared. Sales are up from 433 million to 442 million, and Net Profit is up from 83.5 million to 91.71 million. EPS is up from Rs8.73 to 9.58 in this quarter.
A Note attached with the results says "Seengal Capital Advisors Pvt. Ltd., an investment arm of the Promoters of CDIL and iMedia Ventures Ltd., content developer have offered to buy upto 40% equity of the company by open offer".
Cheers!

23 comments:

MK Advisor said...

Hello Sir,

You seems to be real busy these days. I had been following you for long time and have benefited from it. I woudl like to thank you for that.

At the current level what do you suggest? what stocks to buy? I am planning to invest 50K for 1 year and around 30K for trading.

Sir, looking forward to get advice from you.
Again thanking you for all your help.

Regards,

Brawny M.

Superstar said...

Hi MK,
Compact Disc at current level looks attractive. With such a small amount of capital as yours, I don't think trading is advisable.

Cheers!

deepak said...

Why dont you cover Micro technologies?

MK Advisor said...

Thanks Navin Sir,

I'll go for Compact Disc. do you suggest I should put all 80K in one stock?

Deepak,
Micro technology was suggested to me or you were asking Navin Sir's view on it?

Regards,
Brawny M

Sudeep said...

Dear Naveen,
I'm a follower of ur posts and I had bought 2 companies on ur advise. Both are in Green now.
In your previous post about the CDIL, you had mentioned that the industry PE is around 10 - 20. This company's PE is now 1.78. But in Moneycontrol, the Industry PE is given as 1.67 . If this is correct, this stock is currently hovering around the industry PE. Can you please advise me?

Superstar said...

Hi Sudeep,

Don't rely on information given on moneycontrol. Most of the times, their data is outdated or erroneous. In this case it surely is a typing error on the data entry operator's part. The avg industry PE for this sector just CANNOT be 1.67, maybe the data entry operator wanted to type 16.7 and placed the decimal in the wrong place! lol. I suggest you check the PE ratios of some sample media/broadcasting/animation companies yourself to find out facts. Check the PE ratios of companies like UTV, Zee, Network 18 etc. and you will find that in many cases the PE ratings given are over 20!! Find out what is the avg PE rating given to this sector across the globe. I suspect that it may even be over 20.

Hi MK,
80K is not a big amount and you can choose to put it in one stock also. If you want you can put it in 2-3 stocks. You can look at various other stocks which are suggested by other visitors to this site also. I'm afraid I don't get the time to look into all of them individually but some of them may also be good stocks. Micro Tech is also a good stock but keep in mind that it has already risen nearly three times from its recent low of Rs.53 to current price of Rs.130. So it is better to be cautious. Mkt is at a very crucial make or break kind of stage right now and we can see very sharp moves on either side in the next one month.

Cheers!

Sudeep said...

Dear Naveen
Thanks for the reply. I have one more query. Based on your recco, I had bought Aurobindo Pharma on Jan 2008 when it was Rs 480. It came down till 98 and now its back in 600s. I thank you for your long term vision on this company. What do you advise now? Book profit or hold on to it?

Superstar said...

Sudeep,

Most of my picks are value stocks, so a long term investor would usually always make money on them. Aurobindo Pharma has come out with excellent first qtr numbers and a basic EPS of Rs.30 for the qtr. It had gone to a high of 659 recently and is currently at 606. I'd suggest you keep a Profit Lock of 590 rs. and can hold it further depending upon the overall market situation. The market is very delicately poised at present and can give a big move on either side. On the upside, this stock can even go to 800 if you hold patiently, but I would protect my profits at 590 levels.

Cheers!

mithun said...

Hi SuperStar you are a real genius... On your advise i picked up FCS software Soln and it is in good profits now because of the stock split consideration... I would now like to know the short term and medium term target of FCS Software. Also since it will be split is it good if i hold it for long or sell and make profits.
Thanks for all your inputs

Superstar said...

Thanks for your appreciation, Mithun. FCS Software share is going to be split into 10 shares. This is a good stock for long term also, and can go to 74-75 levels in the near future technically.

Compact Disc India is also a good stock and Open Offer details and price are awaited from the company. Probably some people with vested interests are currently keeping the price down for buying it cheap.

Cheers!

Ravi said...

Hi Sir,

I am holding Unichem @210 , Please suggest should I hold it or keep it .

Thanks
Ravindra

Radha said...

You are the real Superstar Navin! You are a genius.Based on your guidance i booked profit in FCS software today at 72 and bought Compact Disc.I made 50% profit in FCS Software in 10 days! CDIL also started moving up today, im certain that it will also rock soon when Open offer comes....Keep rocking, you are a Rockstar. thanks a million...Mwaah

imbull said...

HURRAY Superstar! Demerger for motion pictures soon!

Superstar said...

Hi Ravi,
Unichem Labs has been posting good results consistently and can easily go over 300 if you are a long term investor. In the short term to medium term it may trade in a range between 195 and 245.

Thanks Radha & Imbull,
Let's hope that Compact Disc will also start moving up after the current consolidation. The board meeting is due for 21 Aug.

Cheers!

hari said...

Hello,

I would like to know the recommendation for stock you give are they generally for long .

Thanks.

Regards,
Hari

arun said...

sir,
my name is arun and i have been following ur blog for atleast two yrs now.though this is my first blog to you.sir how long should we stay invested in compact disc at this level when market is suspected to correct by 5-6 % from now levels and will start afresh after that.should i wait till then or is is it safe to invest now also.

Ambrish said...

superstar, how is Aarti Drugs?

MK Advisor said...

Hello Navin sir,

What is the target for Compact Disc?

Can you post your opinion on Gujrat NRE Coke?

Regards,

Brawny M

imbull said...

VYAPAR INDUSTRIES?
Superstar I think u will be with same opinion? Or if I am wrong, please correct me. Forayed into 2 2 2 new business - bio-mass production and water purification! almost near to 52 week's low! very good yoy result. C urself. Sure shot Multibagger. Aisa Mauka Fir Kahan Milega!!!

Ambrish said...

superstar, your views on west coast papers also. Regards Ambrish

Superstar said...

Hi Hari,
Most of my stock picks are good value stocks which means they can be generally held for long term. But there can be exceptions and you have to follow the overall market trends as well.

Hi MK,
Gujarat NRE Coke has posted an EPS of just .07 paise for the 1st qtr. I don't like it at current price, unless their next few qtrly results show a marked improvement.

Hi imbull,
I'm yet to look at Vyapar properly. Offhand I can just say that Vyapar's results have been very erratic and inconsistent over the last few years.

Hi Ambrish,
West Coast paper is likely to be a market performer stock. It may not show great movement either way and is likely to be in the range of 50-60 for a while.

Cheers!

Culutre blog said...

Hi Superstar
What is your current view on South Asian Petrochem now? It appears good for LT. do you recommend? Please let us know your views.

imbull said...

Superstar, guru what might be the next target for Zensar Tech (RPG group)? Do you track? Vyapar Industries ko dekha tha aap ne?