Venkys

Excellent BUy?

Posted by : jimima
Price when posted : BSE: Rs 102.90 ( -0.05 % ), NSE: Rs. 99.00 ( -2.85 % )

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something wrong in this scrip, Because they have not given discount coupons alongwith Dividend warrant. Which was regular practice of the company....

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Excellent BUy?

Posted by : sgrsgr

Dear WhatsUP,
Thank U 4 ur reply.This CMP will move only based on the next quarter results,which r expected 2b good due 2 spiral hike of poultry prices!
At the best case, it might cross the BV,rt?

worth investing

Posted by : WhatsUP
Price when posted : BSE: Rs 123.40 ( 0.86 % ), NSE: Rs. 123.10 ( 0.98 % )

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Nodick:

Sept 2,2008 volumes were close to 45312 shares(2 week avg is 6635) in bse..

bollinger bands also indicate a very narrow range which means a breakout is emminent.. in either direction.. (most likely its on the upside)

unfortunately people are always looking at technicals..

the only person who makes money in short term is the broker..

warren buffet berkshire does not pay dividents ever(except for tax saving purpose) and he is the richest man alive..

The reason stocks are cheap is because every body wants to buy only at the "trigger" level and get in and get out..

The govt of india has clearly stated

Invest in stocks for 1 year + and take money tax free!!

its even better than real estate where you get tax breaks on interest paid and profits have to be reinvested in real estate..

anyway its your call

=happy investing.
...

In reply to:

worth investing

Posted by : Nodick

you may be right but would not like to buy purely on fundamentals. need some more triggers

worth investing

Posted by : Nodick
Price when posted : BSE: Rs 123.00 ( 0.53 % ), NSE: Rs. 122.00 ( 0.08 % )

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you may be right but would not like to buy purely on fundamentals. need some more triggers ...

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worth investing

Posted by : WhatsUP

Nodick:
Serum institute of india the largest biotech company by sales (largesr than biocon) and one of the largest vaccine manufacturers in the world has a 1% stake in venkys..

Venkys promoters have a biological and immunological private company which also manufacturers vaccines..

and most likely venkys is selling its SPF eggs to the private company at a discount selling price is around Rs 45 per SPF egg when worldwide prices for SPF eggs are around 2.5USD

SPF eggs are the defacto standard for manufacturing vaccines. US has made it mandatory that all us citizens less than 15 years of age have to be vaccinated.. and vaccine manufacturers have stated that their only problem is.. not enough SPF eggs!!..

Venkys SPF license and the ability to maintain the quality of their SPF product itself would have a worth more than 110Cr.

Yes its a game of patience .. and right now I cannot believe the market maker in venkys is selling venkys below 130 levels

If I had spare cash I would buy more venky's stock..

It is the market leader in its segment (Poultry) I cannot believe the stock is available at such cheap valuations..

So here it is ..
Country with one of the largest populations in the world and where the GDP growth is expected to be around 8-10 % the largest poultry comapny with 50% of poultry market in India quoting at such rediculously low price.. is nothing short of stupidity..

We must buy at these levels and the stock has no where to go but up!!

There is nothing to loose as the company is worth much more than 110Cr Venky's has 45Cr worth of investment in stocks and mutual fund!!

so invest the dividents that you receive right back into the venkys company stock.. and also profits from other investments..

you have nothing to loose.

=happy investing.

worth investing

Posted by : WhatsUP
Price when posted : BSE: Rs 123.00 ( 0.53 % ), NSE: Rs. 122.00 ( 0.08 % )

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Nodick:
Serum institute of india the largest biotech company by sales (largesr than biocon) and one of the largest vaccine manufacturers in the world has a 1% stake in venkys..

Venkys promoters have a biological and immunological private company which also manufacturers vaccines..

and most likely venkys is selling its SPF eggs to the private company at a discount selling price is around Rs 45 per SPF egg when worldwide prices for SPF eggs are around 2.5USD

SPF eggs are the defacto standard for manufacturing vaccines. US has made it mandatory that all us citizens less than 15 years of age have to be vaccinated.. and vaccine manufacturers have stated that their only problem is.. not enough SPF eggs!!..

Venkys SPF license and the ability to maintain the quality of their SPF product itself would have a worth more than 110Cr.

Yes its a game of patience .. and right now I cannot believe the market maker in venkys is selling venkys below 130 levels

If I had spare cash I would buy more venky's stock..

It is the market leader in its segment (Poultry) I cannot believe the stock is available at such cheap valuations..

So here it is ..
Country with one of the largest populations in the world and where the GDP growth is expected to be around 8-10 % the largest poultry comapny with 50% of poultry market in India quoting at such rediculously low price.. is nothing short of stupidity..

We must buy at these levels and the stock has no where to go but up!!

There is nothing to loose as the company is worth much more than 110Cr Venky's has 45Cr worth of investment in stocks and mutual fund!!

so invest the dividents that you receive right back into the venkys company stock.. and also profits from other investments..

you have nothing to loose.

=happy investing.

...

In reply to:

worth investing

Posted by : Nodick

Agreed with you fully but my dear friend .. but this stock is like that only earlier it was remaining at similar level. It was quoting at 60-70 crore MCAP when operating profit was 35-40 crore

worth investing

Posted by : Nodick
Price when posted : BSE: Rs 122.70 ( 0.29 % ), NSE: Rs. 122.00 ( 0.08 % )

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Agreed with you fully but my dear friend .. but this stock is like that only earlier it was remaining at similar level. It was quoting at 60-70 crore MCAP when operating profit was 35-40 crore...

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worth investing

Posted by : WhatsUP

Nodick:

March 2007 net profits 11.52Cr Operating profit of 23.57Cr sales 425Cr

March 2008 Net Profits=26.61Cr Operating Profits of 58.81Cr Sales =523 Cr

Current Market Price = 123.50
Market Capitalization of 115Cr (Only 1.95 times Operating profit)

Yes promoters are not interested in the stock appreciating as they tend to portray themselves as enablers for the indian poultry industry..

but the stock cannot languish at these levels..

Now that Tyson foods (World's largest poultry company sales 6 billion dollars) has tied up with Godrej industries its high time venky's has to come out of slumber.. else it will see godrej industry eating into its market..

so it has to be more proactive and show who is the boss..

Anyway I am sure they can sell venky's to tyson at a very high premium..to current market price

Everybody knows that as income rises the consumption of high protein diet increases at a more rapid pace.. and you will see that happening..

right now you can just buy when the market is selling at 20 paisa to a ruppee..

worth investing

Posted by : vkk43
Price when posted : BSE: Rs 122.85 ( 0.41 % ), NSE: Rs. 122.10 ( 0.16 % )

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I agree with you. This share at current marker price, if purchased, should give decent returns over a period....

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worth investing

Posted by : WhatsUP

Nodick:

March 2007 net profits 11.52Cr Operating profit of 23.57Cr sales 425Cr

March 2008 Net Profits=26.61Cr Operating Profits of 58.81Cr Sales =523 Cr

Current Market Price = 123.50
Market Capitalization of 115Cr (Only 1.95 times Operating profit)

Yes promoters are not interested in the stock appreciating as they tend to portray themselves as enablers for the indian poultry industry..

but the stock cannot languish at these levels..

Now that Tyson foods (World's largest poultry company sales 6 billion dollars) has tied up with Godrej industries its high time venky's has to come out of slumber.. else it will see godrej industry eating into its market..

so it has to be more proactive and show who is the boss..

Anyway I am sure they can sell venky's to tyson at a very high premium..to current market price

Everybody knows that as income rises the consumption of high protein diet increases at a more rapid pace.. and you will see that happening..

right now you can just buy when the market is selling at 20 paisa to a ruppee..

worth investing

Posted by : WhatsUP
Price when posted : BSE: Rs 123.65 ( 1.06 % ), NSE: Rs. 121.25 ( -0.53 % )

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Nodick:

March 2007 net profits 11.52Cr Operating profit of 23.57Cr sales 425Cr

March 2008 Net Profits=26.61Cr Operating Profits of 58.81Cr Sales =523 Cr

Current Market Price = 123.50
Market Capitalization of 115Cr (Only 1.95 times Operating profit)

Yes promoters are not interested in the stock appreciating as they tend to portray themselves as enablers for the indian poultry industry..

but the stock cannot languish at these levels..

Now that Tyson foods (World's largest poultry company sales 6 billion dollars) has tied up with Godrej industries its high time venky's has to come out of slumber.. else it will see godrej industry eating into its market..

so it has to be more proactive and show who is the boss..

Anyway I am sure they can sell venky's to tyson at a very high premium..to current market price

Everybody knows that as income rises the consumption of high protein diet increases at a more rapid pace.. and you will see that happening..

right now you can just buy when the market is selling at 20 paisa to a ruppee..
...

In reply to:

worth investing

Posted by : Nodick

It was always at low level in whole bull run.Never rcd higher discounting.

Excellent BUy?

Posted by : WhatsUP
Price when posted : BSE: Rs 122.35 ( -1.69 % ), NSE: Rs. 121.90 ( -2.32 % )

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SGR:

What I wanted to day is that the company generally sells day old chicks to the poultry farmers and the farmers then breed the chicks and sell them in the market..

They sell close to 55 million day old chikcs to the indian market..

They also sell drugs and pharma products to poultry farmers ..

they have more than 180 locations in india where they provide services to the poultry industry..

just like the milk industry has been due to ANAND (Gujarat milk co-operative) similarly the NECC (National egg co-ordination council) is guided by venkys..

Its worth holding on to and the stock has lot of hidden value..

on a normal valuation it should be close to 400 per share.

=happy investing.
...

In reply to:

Excellent BUy?

Posted by : sgrsgr

Dear WhatsUP,
Thank U 4 ur reply.This CMP will move only based on the next quarter results,which r expected 2b good due 2 spiral hike of poultry prices!
At the best case, it might cross the BV,rt?

worth investing

Posted by : Nodick
Price when posted : BSE: Rs 122.35 ( -1.69 % ), NSE: Rs. 121.90 ( -2.32 % )

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It was always at low level in whole bull run.Never rcd higher discounting....

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worth investing

Posted by : Fortune Tracer

A very good scrip languishing at low levels.Worth investing.

worth investing

Posted by : Fortune Tracer
Price when posted : BSE: Rs 122.35 ( -1.69 % ), NSE: Rs. 121.90 ( -2.32 % )

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A very good scrip languishing at low levels.Worth investing....

Excellent BUy?

Posted by : sgrsgr
Price when posted : BSE: Rs 122.35 ( -1.69 % ), NSE: Rs. 121.90 ( -2.32 % )

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Dear WhatsUP,
Thank U 4 ur reply.This CMP will move only based on the next quarter results,which r expected 2b good due 2 spiral hike of poultry prices!
At the best case, it might cross the BV,rt?...

In reply to:

worth investing

Posted by : Fortune Tracer

A very good scrip languishing at low levels.Worth investing.