Get Magazines for free

Categories

10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Thursday, August 11, 2011

Lovable Lingerie Ltd:-Buy/sell/,growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Lovable Lingerie Ltd
cmp:460
Code:533343

Story:With flagship brands "Lovable" and "Daisy Dee", LLL is one of the leading women Innerwear manufacturers in India, with product basket covering brassieres, panties, camisoles, home wear, shape wear, foundation garments and sleep wear products."Lovable" is an 85-year-old brand with global presence.It is also one of the established and key brands in the women premium and super premium segment.On the other hand, "Daisy Dee" is a leading brands in the mid market segment.The company has in-house design studio for developing innerwear products and creating styles to meet global standards.The concessionaire-retailing model as shop in shop modules in large format stores helps it in displaying its complete range of products. Brisk expansion of organized retail is positive for the branded innerwear segment on the back of improving disposable income.The promoters of the company have vast experience in branding and developing of undergarments. The company operates in an industry characterized by constant product innovation due to changing consumer preferences, brand loyalty and evolving fashion trends.Although the group companies of the company agreed to not to carry on the business of the company, the agreement doesn't apply to production, distribution, supply and retail of men's innerwear products and outer wear apparel products in which the company plans to foray. This is an added risk at a time when the company is using Rs 25 crore of IPO proceeds for investing in the JV that will venture into men's wear, too.This may have conflicts of interest arising in future with the company's business.The trademark of the "Lovable" acquired by the company bears names of cities New York, Milan and Tokyo, in which the company doesn't have operations.The company is into a highly competitive and labor-intensive sector of the textile Industry.Also,majority of the IPO money is going for brand building (Rs 24 crore), most of which has to be written off through the P & L account over the next couple of years and, hence, can depress the profitability, if they are not able to step up volumes.LLL has reported strong performance in the financials for FY 2011 with 20% increase in the top line at Rs 114 crore and 37% rise in net profit at Rs 14 crore.Eps stood at 12 bucks for last fiscal ended fy10-11.Even if we counter a 40% growth this fiscal(eps of 17)Lovable still trades at 26-27 PE.Similar comparable page ind is slightly more expensive than lovable.Lovable valuations are stretched but may move up a bit in the shorter term following momentum.On the contrary,Valuations well may continue to move up and it may continue to trade overvalued as investors suddenly have got a great gusto towards domestic consumptions themes.

No comments:

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner