Views on Life & on Equity Investing

Wonder, Wealth & Abundance

Simran Farms – Counting on Chicken & Ruling the Roost

with 2 comments

Hi All, 

I want to bring to your notice a poultry stock – Simran Farms. Venky’s and Srinavasa Hatcheries have done awesome. 

Open issues 

– I have had no contact with management 
– Dont know whats the moat 

I do know that chicken consumption doubles every 5 years in India and will again by 2015. On market cap to sales, company is undervalued if operating efficiency kick in. 
Looking at last five years figures, you cant tell two occurances of bird flu smacked the company. Stellar growth if its all for real. 

This group has many other unlisted companies. 

I am betting that it can be a 50-100 Crore market cap company in 2-3 year which is upto 7 times upside.

Written by amitdipsite

June 11, 2010 at 8:28 am

Posted in Uncategorized

2 Responses

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  1. What is your view on Edserv……again based on consumption theory.

    Regards,
    Vikas

    Vikas

    June 30, 2010 at 1:01 am

  2. Hi Vikas,

    Only four stocks look worth buying Educomp, Everonn, Compucom and Edserv. I have been most bullish on Everonn but better to hold the whole education basket as IT is very fluid business.

    Regards

    Multibagger

    July 5, 2010 at 1:33 am


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