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Gremach Infra
Tracked by: 0 Boarder
Gajabhau,
Austral Coke is a group company. This is not any subsidiary of Gremach. In fact, some of the businesses of these 2 companies are similar. So they would by competitors in these businesses....
In reply to:
REPORT ON GREMACH INFRA
Posted by :
gajabhau
if u can down load prospectus from sebi dot gov dot in of austral coke some clarifications can come clean from the document provided u can read legal jargon.
try n enlighten us. tks 
Tracked by: 2 Boarders
I agree with you MKS2004. Gremach Infra has been a victim of sabotage from its arch rival company Gujarat Nre coke. It is because of family feud the price is at dirt cheap level. Otherwise with an EPS of Rs.30 for current financial year, the correct price of this stock should be closer to 550-600.
Austral coke ipo also successfully listed above 300 levels intitially, but was later brought down because of the investigation in Resurgere Mining Ipo listing which had more than doubled on the first day. Both Resurgere Mining and Austral Coke are in mining space which has very bright prospects of growth in the coming years.
About Gremach Infra, I feel that it is been accumulated by the Operator between 80-88 levels. Since floating stock is very low in the market it is taking a long time for the operator to accumulate the requisite quantity of shares. That is why the stock price of Gremach is stuck in this range. Once it is successfully able to break above 97 levels and close above it, we can see Non stop Upper circuits in this stock for weeks or even months.
Guru ...
In reply to:
Gremach has started upward move
Posted by :
MKS2004
Hold on tight and enjoy the ride. Great returns ahead. Those who have entered at higher levels can average out. The current p/e is 3 and Gremach has shown decent growth in the last 5 quarters.
Operators have brought this down from 500levels to 76 but if you are a long term investor, enter now and reap the profits.
Happy investing
MKS2004
Tracked by: 0 Boarder
Stop posting old links here. This article has been beaten to death and posted over and over again on various sites. We are all aware of the hate campaign against Gremach Infra from it's arch rival Gujarat Nre Coke. Gremach Infra has sued Gujarat Nre Coke for defamation to the tune of 600 crores and in all likelihood they will win the case.
It would have made sense if you had posted this link when Gremach Infra was trading at 504, but at present level of 80 it makes no sense at all other than the Operators trying to garner as much of this stock as possible at the current dirt cheap price.
Guru...
In reply to:
Some article about gremach
Posted by : hari@MC
http :// indymedia.org.nz / newswire / display / 75911/ index.php
The whole article speaks volumes about gremach. Of course sometimes repetitive. Some may find useful.
Tracked by: 0 Boarder
http :// indymedia.org.nz / newswire / display / 75911/ index.php
The whole article speaks volumes about gremach. Of course sometimes repetitive. Some may find useful. ...
Tracked by: 0 Boarder
if u can down load prospectus from sebi dot gov dot in of austral coke some clarifications can come clean from the document provided u can read legal jargon.
try n enlighten us. tks...
In reply to:
REPORT ON GREMACH INFRA
Posted by : shruti
Hello Gajabhau. I dont have any definite info on the exact shareholding Gremach has in Austral Coke. If someone has any proven info, then I will also be thankful. All I know at present is that Gremach is grossly undervalued at current levels and can multiply our investment ten times in the next two years.
Regards,
Shruti
Tracked by: 0 Boarder
Hello Gajabhau. I dont have any definite info on the exact shareholding Gremach has in Austral Coke. If someone has any proven info, then I will also be thankful. All I know at present is that Gremach is grossly undervalued at current levels and can multiply our investment ten times in the next two years.
Regards,
Shruti...
In reply to:
REPORT ON GREMACH INFRA
Posted by : gajabhau
HI SOME TIME BACK i had posed a query to u ,since i got no reply i ask u once again.
is austral coke fully owned(aftr ipo 75 pc owned) subsidiary co of gramch or is it just a co promoted by same promoters of gremach?
TKS FOR UR REPLY
Tracked by: 0 Boarder
HI SOME TIME BACK i had posed a query to u ,since i got no reply i ask u once again.
is austral coke fully owned(aftr ipo 75 pc owned) subsidiary co of gramch or is it just a co promoted by same promoters of gremach?
TKS FOR UR REPLY...
In reply to:
REPORT ON GREMACH INFRA
Posted by : shruti
Use your brains, if you have any, jaivijay. The Public shareholding includes the shareholding of MF/Banks/FII.
The Promoter\\`s shareholding is 55.68%
The Public shareholding including 16.36% of MF/FII/Banks is 44.32%
See the listing price of Austral Coke today. High of 324 on NSE on an issue price of 196. You can imagine, what it can mean for the share price of Gremach Infra! It is the Ultimate stock for Buying at present. Do you know the valuations of L&T? It is way above the fair value. You can keep your L&T with you. We are happy to buy Gremach Infra.
Thank you so much for your stupid advice.
Regards,
Shruti
Tracked by: 0 Boarder
thank you, nothing wrong in educating others, but kindly look into the essence of my comment and advise regarding investment! Best wishes. ...
In reply to:
REPORT ON GREMACH INFRA
Posted by :
deepaksaini138
Dear jaiVijay,
I am not here to criticise anybody.... always be calm and cool..
i think you dont know the Public shareholding includes the shareholding of MF/Banks/FII.....
go to bseindia (dot) com to check...
thanks..
i dont want any further argument over this...
Tracked by: 0 Boarder
Dear jaiVijay,
I am not here to criticise anybody.... always be calm and cool..
i think you dont know the Public shareholding includes the shareholding of MF/Banks/FII.....
go to bseindia (dot) com to check...
thanks..
i dont want any further argument over this......
In reply to:
REPORT ON GREMACH INFRA
Posted by : jaivijay
Fine, a reply to GUEST brings a Hot Post from other Good Boarder, nice, nothing wrong,please read the comments written by me, hope u will get the point and appreciate.I am not fan of any stock, as a small successful investor, i give my opinion, it is upto those who invest their "Hard earned money" for decent gain over the period of time, the aim is to see our investment should not be eroded, and it should give some decent gains, better than Bank interest!!! As always i am humble, write no harsh comments!!!!!If Gremach brings best, i also will be benefited, in fact i entered in very good level. I donot know how about others!!! Best wishes.
Tracked by: 0 Boarder
Fine, a reply to GUEST brings a Hot Post from other Good Boarder, nice, nothing wrong,please read the comments written by me, hope u will get the point and appreciate.I am not fan of any stock, as a small successful investor, i give my opinion, it is upto those who invest their "Hard earned money" for decent gain over the period of time, the aim is to see our investment should not be eroded, and it should give some decent gains, better than Bank interest!!! As always i am humble, write no harsh comments!!!!!If Gremach brings best, i also will be benefited, in fact i entered in very good level. I donot know how about others!!! Best wishes. ...
In reply to:
REPORT ON GREMACH INFRA
Posted by : shruti
Use your brains, if you have any, jaivijay. The Public shareholding includes the shareholding of MF/Banks/FII.
The Promoter\\`s shareholding is 55.68%
The Public shareholding including 16.36% of MF/FII/Banks is 44.32%
See the listing price of Austral Coke today. High of 324 on NSE on an issue price of 196. You can imagine, what it can mean for the share price of Gremach Infra! It is the Ultimate stock for Buying at present. Do you know the valuations of L&T? It is way above the fair value. You can keep your L&T with you. We are happy to buy Gremach Infra.
Thank you so much for your stupid advice.
Regards,
Shruti
Tracked by: 0 Boarder
Use your brains, if you have any, jaivijay. The Public shareholding includes the shareholding of MF/Banks/FII.
The Promoter\\`s shareholding is 55.68%
The Public shareholding including 16.36% of MF/FII/Banks is 44.32%
See the listing price of Austral Coke today. High of 324 on NSE on an issue price of 196. You can imagine, what it can mean for the share price of Gremach Infra! It is the Ultimate stock for Buying at present. Do you know the valuations of L&T? It is way above the fair value. You can keep your L&T with you. We are happy to buy Gremach Infra.
Thank you so much for your stupid advice.
Regards,
Shruti
...
In reply to:
REPORT ON GREMACH INFRA
Posted by : jaivijay
Share Holding Pattern exceeds 100% !!!! afraid, who is the new investor? Please refer my earlier posts, company should come with some +ve news on Oil rig business and coal fields, else it will test the patience of the small investors, for long term there are much better companies to invest, say L&T, a bonus candidate and stock split and demerger of companies in next two years!!! a great buy below 2400. How much money u want to put in gremach, same amount can be invested in L&T or BHEL or RIL where you are sure!!! Best wishes.
Tracked by: 0 Boarder
Share Holding Pattern exceeds 100% !!!! afraid, who is the new investor? Please refer my earlier posts, company should come with some +ve news on Oil rig business and coal fields, else it will test the patience of the small investors, for long term there are much better companies to invest, say L&T, a bonus candidate and stock split and demerger of companies in next two years!!! a great buy below 2400. How much money u want to put in gremach, same amount can be invested in L&T or BHEL or RIL where you are sure!!! Best wishes....
In reply to:
REPORT ON GREMACH INFRA
Posted by : deepaksaini138
REPORT ON GREMACH INFRA – Investors can take this as Buy Call
Dear investors, I am giving buy call on gremach infra for a medium to long term (2 to 3 years). We can see multifold returns in this counter. I am writing this article with all me consensus
Gremach’s foray into the oil rig business and the robust demand prospects suggest strong growth. GIEPL’s foray into oil rigs holds immense potential
CMP: 80
Year High: 504
Year Low: 72
PE: 3.28
EPS: 24.43 (March 08)
Expected EPS: 30 (FY 09)
Sales: 102.36 Crores (June 08)
Equity MCAP: 127.76
Return on average equity ~ 35%
Debt/equity: 0.6
Net Operating Income per share: Rs 135 (March 07)… amazing
Some Key factors that are favoring gremach to become a money machine:
Drilling rigs
Addition of four onshore drilling rigs with plans to add36 more in three-four years, acquisition of controlling stake in coal mines in Mozambique and the booming market for equipment rentals suggest good earnings prospects. There is a global shortage and crisis of hard coking coal and this will add huge value to the profitability of the Company.
Demand-supply mismatch
A demand-supply mismatches resulting in rising oil rig rentals. Rising rentals and better utilization levels have shrunk the average payback period for oil rigs.
NEPL
The increasing number of onshore blocks in each and every phase of the New Exploration License Program (NEPL) points to strong demand prospects. Drilling costs account for 20-25 per cent of the cost of developing an oil well and are showing an increasing trend in the earnings of company. Great factor to consider
MOU
Gremach has signed a MOU (memorandum of understanding) with Baoji Oilfield Machinery (BOMCO), subsidiary of China National Petroleum Corp for the delivery of 40 rigs, which includes 36 onshore and four offshore rigs
Infra-Equipment business- rose exponentially
The rental business of infra equipment has rose exponentially due to back of firm demand..
Entering into Coal Business
Gremach has taken a 75 per cent controlling stake in 11 coal mines in Mozambique. This region falls in the Karoo basin, which is recognized as a prime hard coking coal area in Africa
Gremach has incorporated a Singapore based SPV named Petrogrema Energy Pte Ltd. Gremach shall be making investment up to USD One Billion considering the vast global market potential in oil drilling business (subject to requisite RBI approval). This business proposal is considered highly profitable, with projected IRR 35% in the light of huge market demand for on shore and off shore drilling rigs considering unprecedented rise in crude prices. Infact, rig rental day rates for Off-Shore Rigs have risen by 13%, averaging to around $ 3 to 5 lacs per day. In the case of on shore rigs the payback period is estimated at 3 years. Several reputed Banks and other financial institutions have evinced keen interest to fund the above business Proposal / Acquisition.
The Financial Data - Impressive
Net Sales of gremach has grown from 347.38 million in quarter June,07 to 1023.62 million in quarter June, 08. Net profit has risen from 40.55 million in quarter June,07 to 121.31 million in quarter June,08. EPS for the same period has jumped from Rs. 2.66 to Rs. 7.97 in the current quarter. Sequentially, the EPS has grown from Rs. 6.16 in quarter March, 08 to Rs. 7.97 in quarter June,08. Net Profit margin has also gone up both sequentially as well as quarter on quarter.
Year High ~ Rs 500
Current CMP ~80
See its Client List…….. Hmmm it’s quite impressive…
Larsen and Toubro Ltd.
VRCL Infrastructure & Projects Ltd
Gammon
JMC Projects Ltd.
Punj Lyod
LG E & CD – NCC JV
ACC Ltd.
Reliance Eng. Assoc. Pvt.
Madhucon Projects
Nagarjuna Constructions Ltd
Hindustan Cons. Co. Ltd.
Simplex Infrastructure Ltd.
Grasim
UP State Bridge Corp.. Ltd.
IRCON International Ltd. (Govt.)
Afcons
The most esteemed infra players are the clients of Gremach. In my views its really impressive clientele list.
Shareholding pattern --- Good Holding by Promoters and MFs / Banks
Promoters: 55.68%
FII/MF/Banks: 16.36%
Public: 44.32%
Risks:
Delay in Delivery of rigs or drilling projects
Downfall in rigs rental
I would like to play on this counter for long term… remember it takes years to have multifold returns….
Tracked by: 0 Boarder
REPORT ON GREMACH INFRA – Investors can take this as Buy Call
Dear investors, I am giving buy call on gremach infra for a medium to long term (2 to 3 years). We can see multifold returns in this counter. I am writing this article with all me consensus
Gremach’s foray into the oil rig business and the robust demand prospects suggest strong growth. GIEPL’s foray into oil rigs holds immense potential
CMP: 80
Year High: 504
Year Low: 72
PE: 3.28
EPS: 24.43 (March 08)
Expected EPS: 30 (FY 09)
Sales: 102.36 Crores (June 08)
Equity MCAP: 127.76
Return on average equity ~ 35%
Debt/equity: 0.6
Net Operating Income per share: Rs 135 (March 07)… amazing
Some Key factors that are favoring gremach to become a money machine:
Drilling rigs
Addition of four onshore drilling rigs with plans to add36 more in three-four years, acquisition of controlling stake in coal mines in Mozambique and the booming market for equipment rentals suggest good earnings prospects. There is a global shortage and crisis of hard coking coal and this will add huge value to the profitability of the Company.
Demand-supply mismatch
A demand-supply mismatches resulting in rising oil rig rentals. Rising rentals and better utilization levels have shrunk the average payback period for oil rigs.
NEPL
The increasing number of onshore blocks in each and every phase of the New Exploration License Program (NEPL) points to strong demand prospects. Drilling costs account for 20-25 per cent of the cost of developing an oil well and are showing an increasing trend in the earnings of company. Great factor to consider
MOU
Gremach has signed a MOU (memorandum of understanding) with Baoji Oilfield Machinery (BOMCO), subsidiary of China National Petroleum Corp for the delivery of 40 rigs, which includes 36 onshore and four offshore rigs
Infra-Equipment business- rose exponentially
The rental business of infra equipment has rose exponentially due to back of firm demand..
Entering into Coal Business
Gremach has taken a 75 per cent controlling stake in 11 coal mines in Mozambique. This region falls in the Karoo basin, which is recognized as a prime hard coking coal area in Africa
Gremach has incorporated a Singapore based SPV named Petrogrema Energy Pte Ltd. Gremach shall be making investment up to USD One Billion considering the vast global market potential in oil drilling business (subject to requisite RBI approval). This business proposal is considered highly profitable, with projected IRR 35% in the light of huge market demand for on shore and off shore drilling rigs considering unprecedented rise in crude prices. Infact, rig rental day rates for Off-Shore Rigs have risen by 13%, averaging to around $ 3 to 5 lacs per day. In the case of on shore rigs the payback period is estimated at 3 years. Several reputed Banks and other financial institutions have evinced keen interest to fund the above business Proposal / Acquisition.
The Financial Data - Impressive
Net Sales of gremach has grown from 347.38 million in quarter June,07 to 1023.62 million in quarter June, 08. Net profit has risen from 40.55 million in quarter June,07 to 121.31 million in quarter June,08. EPS for the same period has jumped from Rs. 2.66 to Rs. 7.97 in the current quarter. Sequentially, the EPS has grown from Rs. 6.16 in quarter March, 08 to Rs. 7.97 in quarter June,08. Net Profit margin has also gone up both sequentially as well as quarter on quarter.
Year High ~ Rs 500
Current CMP ~80
See its Client List…….. Hmmm it’s quite impressive…
Larsen and Toubro Ltd.
VRCL Infrastructure & Projects Ltd
Gammon
JMC Projects Ltd.
Punj Lyod
LG E & CD – NCC JV
ACC Ltd.
Reliance Eng. Assoc. Pvt.
Madhucon Projects
Nagarjuna Constructions Ltd
Hindustan Cons. Co. Ltd.
Simplex Infrastructure Ltd.
Grasim
UP State Bridge Corp.. Ltd.
IRCON International Ltd. (Govt.)
Afcons
The most esteemed infra players are the clients of Gremach. In my views its really impressive clientele list.
Shareholding pattern --- Good Holding by Promoters and MFs / Banks
Promoters: 55.68%
FII/MF/Banks: 16.36%
Public: 44.32%
Risks:
Delay in Delivery of rigs or drilling projects
Downfall in rigs rental
I would like to play on this counter for long term… remember it takes years to have multifold returns….
...
Tracked by: 2 Boarders
Trading members of the exchange are hereby informed that effective from Thursday, September 4, 2008 the equity shares of Austral Coke & Projects Limited are listed and admitted to dealings on the Exchange in the list of B Group.
Oil has also cracked to 111 levels and expected to go down further expect a big rally in infrastructure and reality stocks. Also the listing of the mining share bodes excellent for austral coke and thus gremack is going to do great. For Long Term its a dirt cheap stock which will easily give 100% returns within one to two years...
In reply to:
Gremach has started upward move
Posted by : MKS2004
Hold on tight and enjoy the ride. Great returns ahead. Those who have entered at higher levels can average out. The current p/e is 3 and Gremach has shown decent growth in the last 5 quarters.
Operators have brought this down from 500levels to 76 but if you are a long term investor, enter now and reap the profits.
Happy investing
MKS2004
Tracked by: 2 Boarders
Hold on tight and enjoy the ride. Great returns ahead. Those who have entered at higher levels can average out. The current p/e is 3 and Gremach has shown decent growth in the last 5 quarters.
Operators have brought this down from 500levels to 76 but if you are a long term investor, enter now and reap the profits.
Happy investing
MKS2004...
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