์ ์: VijayKedia๋ฐ๋ฐ์ธ์๋ฏธ์ ยท ์ธ๊ตญ์ธ
์์ฝ ๋ณด๊ธฐ
Eimco Elecon(์ธ๋ ์ํ์ฃผ) ๋ถ์ ์์. 4Q ์ค์ ์ ๋ง์ง ๋ถ์งยท์์ด์ต 5์ต๋ฃจํผ ์์ค ๊ฐ์๋ก ์ธ๊ธ๋๋ ๋๋กยท์ธํ๋ผ ์์๋ก ๋งค์ถ ์ฑ์ฅ์ด ์์๋ค๊ณ ํจ. ํ๊ธ ํ๋ฆ ์ํธ, ๋ถ์ฑ ์์, PEG ๋น๋น์ธ์ง ์์(PE ~20 ์ธ๊ธ), 52์ฃผ ๊ณ ์ ์ฝ 3000๋ฃจํผ ๋๋น ํ์ฌ ์ฝ 1600๋ฃจํผ ์์ค. ํ๋ก๋ชจํฐ ์ง๋ถ ์ดํ ์ฐ๋ ค ์ ๊ธฐ๋๋ ๊ฒฝ์์ง ์ญ๋ ๊ธ์ ํ๊ฐ. ์ํ์ฃผ ์กฐ์ ์ ์ฅ๊ธฐ ํฌ์ ๋งค๋ ฅ ์ฆ๊ฐ ๊ฐ๋ฅ์ฑ ์ธ๊ธ, ๋จ ๊ฒฝ์์ง ๋ถ์ ํ์๊ฐ ์์ด์ผ ํ๋ค๋ ์กฐ๊ฑด๋ถ ๊ฒฌํด.
๋ค๋ฌ์ ๊ธ
The result of this company MCO has been published. I have taken stop loss once [nasal sound] and I came again because Vijay Khedia sir had entered. The promoter had unloaded the goods quite well and all that stuff was distributed among the public here. In which we can see some DIIs whose names are not published.
Ah, there is definitely a doubt here. Many of the subscribers and people who follow Vijay Giya Sir have probably come here. That is why the number of shareholders is also quite large. It is not a very good sign if the promoter leaves his company. I especially prefer the promoter who has holding of around 60 crores, this junk is not special, junk in the gap [sound of clearing throat] do you think it is a 1000 crores short, I had taken stop losses of Vijay Keya near 1750, the entry here at that time was showing near 1900, 1900 here if you go and see then you can see a trade here in which this name will be of KDA Security, yes KDI Security Private Limited, the share of 57000 was available at 197 and even below that, so the quarterly result that came in the last time was very bad, the margin was also very bad and the net profit had come down to 5 crores, so that is why the share price was crushed even further, right now the market sentiment is very bad, so these people are not touching the small caps.
I forgot the special market. Such is the IPO game. And Vijay Gidiya is composing a song here. It is bottom. This is the bottom, what do you call this bottom? Leave him. Now let's talk here. Its result was published. So there's something you should notice in this quarterly. Business is definitely something you should look at.
The number has been published quite well. I ca n't say much about a small company. But he [nasal sound] made a lot of money at Elecon. Elicon happened seven times for me too. And here we can clearly see the number that has been published, it is definitely an up tick but it seems to be a little cyclical in nature.
Sometimes up, sometimes down, it's going on like this. And here, if you look at this segment, the work that these people are doing, growth was seen this time. Actually, the material that these people make which helps in road construction, growth was seen in it this time because the roads were damaged at many places and here it will definitely help more in the coming time as well, you can see here and as this is the product portfolio, wheel load dam truck drill machine, all these are needed.
Such people feel that India's infrastructure will see a boom. But here [nasal sound] with a US company you can't even talk about the US, brother. The US is acting crazy. Here we are talking about export. Speaking of RAD. There will be a management change. The management has definitely made some changes but that is not important.
The important thing is cash. A good amount of cash comes in this. So these people have also done the investing. We have kept our balance sheet quite improved. At one time, it made a lot of money for the people. If we look at the last rally, if we look at it in the last 5 years, it had rallied a lot.
So it can rally again after forming a base. I also feel like this. [Sound of clearing throat] In this sector, this segment, Vijay Sir has to say one thing that any company has the potential to gain market share and increase its market cap because it is worth Rs 1000 crore, it can go up to Rs 5000 crore if this is done, the way Elicon Engineering was done, Elicon had increased its market capital a lot in this way, so it can do this work in this sector.
Ok ? So look here, big companies have 3,000 out of 10,000, 12,000, 5,000. So definitely if this management has so much potential then definitely it can go up. In such a situation, if you have one doubt, why did this management promoter leave so much stuff. This is a doubt but you can see one thing here.
One group has left, which is Great Britain Holding, they have left but what is the matter here, the one who was talking about Elicon Engineering, his stake is completely built up, so Elicon's management is in it, so it will like to run the business. I also feel that it will definitely cross its lifetime high and it has less potential to go much higher but it is waiting for a time.
Recently, if we look at the volume pickup that happened in the results, the delivery has not happened at all because you know how well the market is doing and the next day there was a fall of 9% here. So if there is good management then it is very difficult to get it and a decent price should be given.
The multiple that is visible is not dirty at all from around 20. It can be taken like this. Now the lift high is of Rs 3000 and currently it is available for Rs 1600. Available at half the price. Perhaps if the market corrects a little more due to small cap correction, then it will become more attractive for long term investing.
So the company [nasal sound] has a decent amount of cash. The peg ratio is not expensive. There is no dept. This is the biggest plus point. End Growth If we look at 5 years and 3 years, there is solid growth. So the company will get a trigger in the next time. I have a personal view. Alicon may do well in the next time. If the management does not commit fraud.





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