Buy Daikafill Chem

Buy Daikafill Chem.

I had initiated a buy call on Daikafill on Moneycontrol at a price of Rs 22.90. The rationale for the same is as under:
1. Consistent increase in topline over the years. Net profit for June FY 15, if annualised, would be more than that of FY 14 nos.

2. Collaboration with a Japanese technology and has clinetles like Clariant, KIWA, ERCA spa, DAIKA (Japan) and many more.
3. Japanese companiees are taking big interest in India and lot of business will be there in future. This company will be best placed to reap the benefits going forward.
4. With 50% raw material inmports, company would benefit from stablised INR rate.
5. Consistently paying dividend for past 6 years.

Buy call initiated at Rs 22.90 on moneycontrol for long term.

Buy Prima Plastics for long term

Buy Prima Plastics for long term:

1.Set up in 1993 , Prima manufactures moulded furniture and Aluminium Composite Panel (ACP).
2. The company's manufacturing facilities are in Daman. The company has an equal JV in Cameroon, Africa, with a local entity as partner. The JV manufactures plastic-moulded furniture and woven sacks, and caters to Africa and other overseas markets.
3. Consolidated FY 14 Sales and PAT of Rs 103 Crs and Rs 7.6 Crs respectively as against consolidated sales and PAT of Rs 86.7 Crs and Rs 5.1 Crs respectively.
4. Contribution from ACP would increase going forward with demand from commercial real estate sector revival. Almost entire sales of the company is from plastic goods currently. Further, price of oil has come down which would result in lower raw material cost (Polypropylene - Crude oil derivative).
5.  Revenue is expected to increase with rise inoverseas business from woven sacks and plastic furniture.
6. Crisil has recently upgraded rating from BBB- to BBB. Link Here
7. Company has reserves of Rs 42 Crs and paid up equity of Rs 11 Crs. With 1,10,00,470 paid-up shares, book value per share comes to Rs 48.64.
8. For a sales of Rs 103 Crs, the market cap of Rs 24.86 Crs is very low.
9. Consistently dividend paying since FY 10.

Strong buy recommended at current cmp of Rs 22.60.

Disc: It is safe to assume that I am invested in Prima Plastics.

Buy Salzer Electronics

Buy Salzer Electronics

1. 40% market share for rotary switches in India.
2. L&T holding 26% stake in the company. Proxy to Infra play.
3. Sales consistently increasing from Rs 176 Crs in FY 10 to Rs 244 Crs in FY 14.
4. June 14 sales and PAT at Rs 68.70 Crs and 3.16 Crs respectively compared to Sale and PAT of Rs 53.14 Crs and Rs 2.27 Crs in June 13.
5. Consistently dividend paying.
6. Rated 'A-' by crisil.
7. Largest Supplier to Indian Railways.
8. Sales of Rs 244 Crs but avaiable at a market cap of only Rs 134 Crs.

Strong buy at cmp of Rs 130 for long term.

Disc: It is safe to assume that I am invested in this stock.

Kellton Tech Solutions Ltd. - Buy

Buy Kellton Tech Solutions for long term basis:

1. In the emegring hot sector of Web, Mobile, Web, ERP and cloud sector.
2. Catering to companies like PVR, Dailynews Newyork, Makemytrip, Groupon, Nielsen...all top notch customers.
3. Kellton Tech Selected Among the 'Top 20 Travel & Hospitality Solution Provider in June 2014.
4. Company's financial cyclefrom July to June. Consolidated net sales of Rs 48.6 Crs and PAT of Rs 3.7 Crs in FY 13. For first 3 quarters FY 14, Net Sales of Rs 91.8 Crs and PAT of Rs 3.83 Crs....full year FY 14 nos. to be much higer than Fy 13.
5.Promoters increased their shareholding by subscribing to the warrants at Rs 15 per share.

Buy at current CMP of Rs 13.29 for multibagger returns.

Disc: It is safe to assume that I am invested in this stock.