Views on Life & on Equity Investing

Wonder, Wealth & Abundance

Japanese Companies | Panasonic Carbon ?

with 16 comments

Japanese companies are poor pay masters for employees and even worse care takers for investors.

I had identified Ricoh as a potential candidate few years back with ambitious plans for India, but saw through their intentions as they spawned privately listed companies in India. Not far later they have recently decided to de-list.

Investors are victims of their make-believe, looking for a Sylvester Stallone in mirror, where none exists, even spending a million on the mirror and make up. Just because consumer stocks are flavour of the day, does not imply every company in the industry would reward from Kanchan International Ltd to Panasonic Applicances Ltd.

Barring a few exceptions in mainstream stocks easy returns can be made in stocks which do not feature in any news, article or magazine.

Sorry for the arrogance but I don’t even like playing for 30% gain or loss. It has to be a minimum doubler, which means I have to lose out on many opportunities of lesser quantum of gain, even with higher certainty. Once such possible opportunity is Panasonic Carbon  India Ltd which is debt free, with 54 crores in Bank Account fetching 5 crores in annual interest. Their products have been well accepted in export market and this year the turnover should be 40% greater than previous year. Markets will be fooled into assuming this growth as ‘new normal’ and propel price upwards of 160Rs from 130Rs today. 7 Rs dividend goes a step further in captivating a value investor, should one dive in ?

Disclosure: Not invested

Written by amitdipsite

August 28, 2012 at 10:04 am

Posted in Uncategorized

16 Responses

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  1. Hi Amit,

    SIMRAN FARMS started giving dividends (10 % in 2011 & 8 % in 2012).Are you buying it these days and what is your call on SIMRAN FARMS.

    regards,
    Shanid.V.H

    shanid

    September 1, 2012 at 8:57 am

  2. Hello Amit,
    Why Glen Revan is so successful even though its in Textile industry ?

    Jatin

    September 3, 2012 at 6:52 am

  3. Evidently footwear is a tough business, Tata surrenders for now.

    http://www.fashionunited.in/news/apparel/noel-tata-chalks-out-new-plans-for-tashi-240820124110

    Amit Arora

    September 3, 2012 at 9:13 am

  4. You can go through these magazines they publish.

    http://www.glenraven.com/raven.php?lang=en

    They had sunbrella brand (http://www.youtube.com/watch?v=0mbeWGHMHig) which is used in 5 Stars to Yachts. Then they acquired Dicksons which dominates in Europe (http://www.youtube.com/watch?v=8zeC-t6m5Pk). Imagine Nike acquiring Adidas. They have a niche in Awning, Marine and Furniture which they dominate and enable their partners also to win. Since 1880 managed by same family. Innovation is the key.

    Great companies keep learning and they implement new methodologies and stuff gets done even by 60-80 year olds by hard work and perseverance(http://www.youtube.com/watch?v=3dwExA2jRNM), whereas stodgy companies hire expensive and young consultants with no follow through.

    Amit Arora

    September 3, 2012 at 9:52 am

  5. there are some interesting small caps from God's own country…

    1) Rubfila international : Manufacturiing rubber threads for industrial and packaging applications and exporting it,loss making entity till last year.Targetting 250 cr turn over in next two years.

    2) Kitex garments
    3) AVT naturals

    Regards,
    Shanid.V.H

    shanid

    September 3, 2012 at 11:54 am

  6. Hi Amit,

    what will be 1 year target for panasonic carbon

    Shashi

    September 6, 2012 at 8:04 am

  7. Hi Amit,

    What is your opinion on DCHL?

    Is it worth a look given the assets it holds.
    There is too much of news but unable to get any correct information.

    Thanks for your response.

    Pratik

    September 6, 2012 at 9:59 am

  8. ak cap Consolidated revenues 198crs.vs 166crs.
    Merchant banking fees 122Crs. vs 84crs.

    Jatin

    September 7, 2012 at 6:05 am

  9. Hi Amit..

    Not sure from where to get AR's of a company.. I would be glad if you share selan exploration AR if you can get from source..

    Sandeep

    September 7, 2012 at 1:36 pm

  10. Dear Sandeep,

    2012 AR is available on website of company

    http://www.selanoil.com/annualreport.html

    otherwise try

    http://www.reportjunction.com or

    http://www.reportSjunction.com

    Regards

    Amit Arora

    September 7, 2012 at 9:20 pm

  11. Amit..

    Sorry for my stupidity… later i checked their website and found it over there… But for many other companies i couldn't find the AR's on their respective websites. That is the reason why i didn't check the selan's website for it. Thanks for your timely response🙂

    sandeep maddali

    September 8, 2012 at 2:05 am

  12. Hello Amit,

    i think in earlier comment it was suggested that photoequip is gearing up in LED business in a big way…what is better photpequip OR Panasonic carbon..??

    Kishor Barhate

    September 10, 2012 at 3:04 pm

  13. Amit, Please provide your views on Puneet Resins

    Deepak Kumar Prasad

    November 2, 2012 at 9:17 am


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