new post
August 17, 2017
Frick India-Annual Report-2016-17
Please click
http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf
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AGM on 08/09/2017 at Faridabad
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old original / post
Please click
http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf
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AGM on 08/09/2017 at Faridabad
http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf
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AGM on 08/09/2017 at Faridabad
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old original / post
http://www.rareindianshares.info/2017/06/indofil-frick-india-shares-in-demand.html
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https://www.msei.in/ListingData/2017/FRICKINDIA/AN/170516_FRICKINDIA_AN_01.pdf
Frick India
We are receiving Unconfirmed reports that some Investors approached Shares Dealers for sale of Frick Shares. Share Dealers were quoting False Low Selling rates so that these Dealers could buy at artificially Low rates. When these Investors said they would buy at those Selling rates , then the Dealers backed out giving lame excuses. These Investors had , some time back , quoted a price of Rs. 4000 per share. Now there may be Buyers at Rs. 5000 / Share.
Blog : Please Do Not Take Any Investment Decision based on this. Please Recheck the information independently
THERE IS VERY VERY LITTLE FLOATING STOCK OF FRICK INDIA LTD.
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Blog Comments on Frick India.
Even at Rs. 5000 , Frick India gives a market capitalisation of only Rs.300 crores.
Frick has
(1 ) Equity Capital of Rs.60 Lakh ( Share Rs. 10 paid up ).
( 2 ) Book Value( Without Revaluation ) of Rs.2000 Per Share, Nearly Zero Debt Company
(3 ) 22 acres Land Bank in Faridabad Delhi NCR ( Prime Location near Metro Station , GT Road ) worth around Rs.2000 crore. Branch offices all over India.
(4 ) EPS for 2016-17 above Rs.200 ( Dividend 25% )) . YOY there is an improvement of around 35 % in Net Profit if we exclude the 2015-16 extraordinary profits of Compensation for a small piece of factory land acquired for Metro construction ). Industry PE is above 40.
( 5 ) Frick India - a market leader in Industrial Refrigeration ( Cold Store Equipment ) including compressors, cooling Towers was initially set up , in 1962 , in collaboration with, originally ,York International ( now named Johnson Controls. ) Frick India is independent , presently.
Frick India's products are at par with the World leader , Johnson Controls of USA. ( Incidentally , worldwide , Frick is a brand of Johnson Controls.http://www.johnsoncontrols.com/buildings/our-brands/frick )
( 6 ) Court cases among Promoters have , now , been amicably settled.
State of Art Frick Plant video
Pl click
https://www.youtube.com/watch?v=KfSeXluFKLA
For More on Frick India
http://www.rareindianshares.info/2017/05/frick-india-excellent-2016-17-results.html
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Blog : It would be wiser for Investors of Frick India to wait because selling through Registered Brokers of Metropolitan Stock Exchange would bring clarity on Long Term Capital Gains. Avoid Off Market Transactions from Income Tax Point.
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Please Make No Investment based on Above Stated Facts.
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- Blog : Please Do Not Take Any Investment Decision based on this. Please only do a further Self Study /Contact Dealers for the current Rates.
- Investors should take note that many a time Dealers falsely ( in a Superficial Two Way Quote ) give a Low Selling rate , although they have no shares for sale so that they can buy ( at artificially Low rate .Actually such Dealers are ONLY buyers.
- THERE IS VERY VERY LITTLE FLOATING STOCK OF FRICK INDIA LTD.
Frick India would further jump once Metropolitan Stock Exchange ( as is widely expected in the Share Markets ) starts trading in Equities.
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OLD POSTS
August 22, 2016
Frick India - Videos -Modern State of Art Plant , Faridabad
Please Click :-
https://www.youtube.com/watch?v=sFXDcd5L9ME
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March 28, 2017
Frick India Main Beneficiary of Massive Cold Chain Investment
Please Click :-
https://www.youtube.com/watch?v=sFXDcd5L9ME
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March 28, 2017
Frick India Main Beneficiary of Massive Cold Chain Investment
Frick India is the Market leader , in India , of Industrial Refrigeration/Cold Stores Equipment
Range Of Frick India's Business
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What is a Cold Chain ?
https://en.wikipedia.org/wiki/Cold_chain
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What is a Cold Chain ?
https://en.wikipedia.org/wiki/Cold_chain
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News
Leveraging ₹3,100 crore investment will boost food processing sector
The Centre has sanctioned 101 new integrated cold chain projects that will leverage a total investment of ₹3,100 crore for creation of modern infrastructure for the food processing sector, the Ministry of Food Processing Industries (FPI) said on Monday.
source/ for more
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Big Basket, Haldiram, Amul among 101 cold chain projects okayed
for more
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OLD POST
August 20, 2016
Frick India- Annual Report -2015-16 - Excerpts - Comments
Please Zoom to Enlarge
Frick India - Market Leader in Industrial Refrigeration. Great Prospects with FDI coming in the Sector of Food Preservation
Questions For AGM
RELISTING
1 ) Frick India was Exclusively Listed at , now defunct , Delhi Stock Exchange
2 ) SEBI directed Relisting or Delisting ( at Fair Price )
3 )Why Relisting at Metropolitan Stock Exchange ? which has no trading Why not Relisting at BSE / NSE
BONUS / SPLIT
Now that (Page 18 ) the dispute ( regarding transfer of shares - Court case in USA has been settled ) what is holding bach the Company from issuing Bonus shares / Split from Rs 10 to Re 1
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( In 2014 -15 Report , it was stated )
LEGAL DISPUTE BETWEEN PROMOTERS ( Page 21 )
Legal disputes are pending between Jang Bahadur Singh ( Dr. JB Singh ) holding 40 % shares under L/f J324 and Jasmohan Singh and his siblings in the Hon ble Delhi High Court and Courts in the USA.
Capital Base Rs. 60 Lakh , Book Value Rs. 1825 + per share
Around 22 acres of Prime Land in Faridabad ( NCR Delhi ) on GT Road near Delhi. .
Page 18 - Transfer Of 1200001 Equity Shares Of The Company - Settlement of Court case Massachusetts,USA
Frick India - Market Leader in Industrial Refrigeration. Great Prospects with FDI coming in the Sector of Food Preservation
Questions For AGM
RELISTING
1 ) Frick India was Exclusively Listed at , now defunct , Delhi Stock Exchange
2 ) SEBI directed Relisting or Delisting ( at Fair Price )
3 )Why Relisting at Metropolitan Stock Exchange ? which has no trading Why not Relisting at BSE / NSE
BONUS / SPLIT
Now that (Page 18 ) the dispute ( regarding transfer of shares - Court case in USA has been settled ) what is holding bach the Company from issuing Bonus shares / Split from Rs 10 to Re 1
--------------------
( In 2014 -15 Report , it was stated )
LEGAL DISPUTE BETWEEN PROMOTERS ( Page 21 )
Legal disputes are pending between Jang Bahadur Singh ( Dr. JB Singh ) holding 40 % shares under L/f J324 and Jasmohan Singh and his siblings in the Hon ble Delhi High Court and Courts in the USA.
In 2015-2016 - the Dispute Settled in USA Court )
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2015 -2016
So Frick India has , now , no reason , for not declaring a liberal Bonus / Split
Capital Base Rs. 60 Lakh , Book Value Rs. 1825 + per share
Around 22 acres of Prime Land in Faridabad ( NCR Delhi ) on GT Road near Delhi. .
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| AGM at Faridabad on26/08/16 at 11 AM |
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| Company Information |
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| Five Years Financials |
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| AGM Notice |
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| Financials / Dividend |
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| SEBI Directions and Listing With Metropolitan Stock Exchange |
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| Management Analysis |
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| Listing on Metropolitan Stock Exchange - No Trading |
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| Balance Sheet |
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| Massive Investments in Shares etc ( Liquidity ) |
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| Cash Flow |
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| Huge Investments in Shares etc |
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| Huge Investments |
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| 9 Branches all Over India |
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August 22, 2016
Frick India Q1 ( 2017 ) Net Profit Jumps 65 % YOY
For Quarter ( 3 months )
Ended 30 June 2016 / Qtr Ended 30 June 2015
Sales 51 cr 81 lakh Rs. 36 cr 41
Gross Profit Rs. 4 cr 05 lakh Rs. 2 cr 62
Net Profit Rs. 2 cr 59 lakh Rs. 1 cr 58
EPS Rs.43 / 24 p Rs. 26 / 29
Source / For More , please click : -
http://www.msei.in/ListingData/2016/FRICKINDIA/AN/160816_FRICKINDIA_AN_01.pdf
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For Quarter ( 3 months )
Ended 30 June 2016 / Qtr Ended 30 June 2015
Sales 51 cr 81 lakh Rs. 36 cr 41
Gross Profit Rs. 4 cr 05 lakh Rs. 2 cr 62
Net Profit Rs. 2 cr 59 lakh Rs. 1 cr 58
EPS Rs.43 / 24 p Rs. 26 / 29
Source / For More , please click : -
http://www.msei.in/ListingData/2016/FRICKINDIA/AN/160816_FRICKINDIA_AN_01.pdf
Ended 30 June 2016 / Qtr Ended 30 June 2015
Sales 51 cr 81 lakh Rs. 36 cr 41
Gross Profit Rs. 4 cr 05 lakh Rs. 2 cr 62
Net Profit Rs. 2 cr 59 lakh Rs. 1 cr 58
EPS Rs.43 / 24 p Rs. 26 / 29
Source / For More , please click : -
http://www.msei.in/ListingData/2016/FRICKINDIA/AN/160816_FRICKINDIA_AN_01.pdf
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August 26, 2016
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August 26, 2016
August 26, 2016
Frick India -AGM 2016 -Shareholders' Report
AGM of Frick India was held at 11 AM , on 26/08/16 , at Faridabad
The Management of Frick India was very positive about the future , especially the next 4 -5 years ,of Frick India ,as the share transfer disputes among the Promoters have been resolved and Company can take up , in right earnest , its pending expansion plans
1 ) The Management agreed to issue Bonus Shares and a Split in face value. If there is need , a Rights Issue , as well.
2 ) To the shareholders' grievance that , at present , they are being offered only Rs. 2000 per share in the grey market as there is no trading in the Metropolitan Stock Exchange , the Management assured that they go in for Listing in BSE and NSE. They said for Listing in BSE ( under SME section ) the minimum share capital required , for Listing is Rs 3 crore . Frick India is taking steps to meet it. Listing at Metropolitan Stock Exchange is only a stop gap measure.
3 ) Regarding the redevelopment of the prime 22 acres land ( present factory at Faridabad ) would be considered if the Land Laws allow it , as the original land acquisition was for industrial purpose.
4 ) New machines / product lines are being added . Puffing Machine is making ultra thin and well insulated sheets for construction of buildings. Frick India may take up the line of making Pre Fabricated ( specially insulated ) buildings / houses.
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For more on Frick India , please click :-
http://www.rareindianshares.info/2011/05/frick-india-limited.html
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old comments
AGM of Frick India was held at 11 AM , on 26/08/16 , at Faridabad
The Management of Frick India was very positive about the future , especially the next 4 -5 years ,of Frick India ,as the share transfer disputes among the Promoters have been resolved and Company can take up , in right earnest , its pending expansion plans
1 ) The Management agreed to issue Bonus Shares and a Split in face value. If there is need , a Rights Issue , as well.
2 ) To the shareholders' grievance that , at present , they are being offered only Rs. 2000 per share in the grey market as there is no trading in the Metropolitan Stock Exchange , the Management assured that they go in for Listing in BSE and NSE. They said for Listing in BSE ( under SME section ) the minimum share capital required , for Listing is Rs 3 crore . Frick India is taking steps to meet it. Listing at Metropolitan Stock Exchange is only a stop gap measure.
3 ) Regarding the redevelopment of the prime 22 acres land ( present factory at Faridabad ) would be considered if the Land Laws allow it , as the original land acquisition was for industrial purpose.
4 ) New machines / product lines are being added . Puffing Machine is making ultra thin and well insulated sheets for construction of buildings. Frick India may take up the line of making Pre Fabricated ( specially insulated ) buildings / houses.
The Management of Frick India was very positive about the future , especially the next 4 -5 years ,of Frick India ,as the share transfer disputes among the Promoters have been resolved and Company can take up , in right earnest , its pending expansion plans
1 ) The Management agreed to issue Bonus Shares and a Split in face value. If there is need , a Rights Issue , as well.
2 ) To the shareholders' grievance that , at present , they are being offered only Rs. 2000 per share in the grey market as there is no trading in the Metropolitan Stock Exchange , the Management assured that they go in for Listing in BSE and NSE. They said for Listing in BSE ( under SME section ) the minimum share capital required , for Listing is Rs 3 crore . Frick India is taking steps to meet it. Listing at Metropolitan Stock Exchange is only a stop gap measure.
3 ) Regarding the redevelopment of the prime 22 acres land ( present factory at Faridabad ) would be considered if the Land Laws allow it , as the original land acquisition was for industrial purpose.
4 ) New machines / product lines are being added . Puffing Machine is making ultra thin and well insulated sheets for construction of buildings. Frick India may take up the line of making Pre Fabricated ( specially insulated ) buildings / houses.
For more on Frick India , please click :-
http://www.rareindianshares.info/2011/05/frick-india-limited.html
---------------------
old comments
2 comments:
-
With such out standing fundamentals and bright prospects because of FDI in Food Preservation , Share price of Frick India should be Rs. 10,000 +.
Why are Frick India shareholders silent and are allowing themselves to be cheated of their due returns ?
- August 20, 2016
-
At Rs. 10,000 per share , the enterprise value of Frick India works out to be only Rs. 600 crore
It holds a Land Bank of 22 acres at Faridabad ,near Delhi on prime GT Road.
This land alone is worth Rs. 2000 crore upwards.
So ,if Frick India delists , it would have to pay Rs. 35000 40 000 per share.
That is why promoters of Frick India are not delisting.
-
-
--------------------------------
- It appears some shares of Frick India are available with Dealers of Unlisted / Delisted Shares (Please Recheck this ).
- ------------------------------
Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
----------------------------
General Warning : Investment in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )
- With such out standing fundamentals and bright prospects because of FDI in Food Preservation , Share price of Frick India should be Rs. 10,000 +.
Why are Frick India shareholders silent and are allowing themselves to be cheated of their due returns ? - August 20, 2016
- At Rs. 10,000 per share , the enterprise value of Frick India works out to be only Rs. 600 crore
It holds a Land Bank of 22 acres at Faridabad ,near Delhi on prime GT Road.
This land alone is worth Rs. 2000 crore upwards.
So ,if Frick India delists , it would have to pay Rs. 35000 40 000 per share.
That is why promoters of Frick India are not delisting. - --------------------------------
- It appears some shares of Frick India are available with Dealers of Unlisted / Delisted Shares (Please Recheck this ).
- ------------------------------
Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
----------------------------
General Warning : Investment in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )
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