Frick India-Insurance Companies, Lalit Bhasin Among Top Shareholders

new post

August 29, 2017

Frick India-Super-Q1-2018 Results EPS -Rs.98/65p

Please click :-

https://www.msei.in/ListingData/2017/FRICKINDIA/AN/170828_FRICKINDIA_AN_01.pdf

Q1 2018 ( Q1 2017 )

Sales Rs.92 cr ( Rs.53 cr 13 lakh )

Net Profit Rs.5 cr 92 lakh ( Rs.3 cr 35 lakh )

EPS  Rs.98 /65 p ( Rs.55 /75 p )

Equity : Rs.60 lakh ( share Rs 10 paid up )

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Old / Original Post


Frick India Annual Report 2016-17

http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf
.
As per Pages 26 and 27

New India Assurance Company holds 4 % of Equity


Ace Investor Lalit Bhasin holds  0 . 6 % Equity 

United Insurance Co 0.4 % Equity

It appears that all the Top 10 Non Promoter Shareholders continued to hold their  entire shareholding through out the financial year 2016-17.

This means confidence in the future of Frick India. 


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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.

for more , please click

http://www.rareindianshares.info/2017/05/frick-india-excellent-2016-17-results.html

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Frick India is Exclusively Listed in Metropolitan Stock Exchange.

Metropolitan Stock Exchange- SEBI Extends Licence Till 2017

MUMBAI, SEPT 22:  

Capital and commodity market regulator SEBI has renewed the annual recognition of Metropolitan Stock Exchange (formerly MCX Stock Exchange) as it is fully compliant with the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations 2012.

The exchange’s recognition is now valid till September 15, 2017.

For More / Source , please click :-

http://www.thehindubusinessline.com/markets/stock-markets/sebi-renews-metropolitan-stock-exchange-licence-till-2017/article9136063.ece

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Frick India and other small cap/mid cap gems which are Exclusively Listed in Metropolitan Stock Exchange can zoom once Metropolitan Stock Exchange starts trading in shares

It is widely expected that Trading in Shares would start soon in Metropolitan Stock Exchange. 

OLD POST

January 10, 2016

Metropolitan Stock Exchange- Does it Work ?

Exclusively  listed in a Regional Stock Exchange ( like Delhi Stock Exchange ) companies have  to Relist their Shares at an operational Stock Exchange like BSE / NSE , as per SEBI orders.

Surprising , Frick India , Dalmia Refractories ( Shri Nataraj Ceramics ) , instead of getting their shares  Relisted at BSE / NSE have got their shares Relisted at Metropolitan Stock Exchange ( formerly MCX Stock Exchange )

Frick India

http://www.msei.in/markets/equity/get-quotes/default.aspx?symbol=FRICKINDIA&series=EQ

http://www.rareindianshares.info/search?q=frick+india

Dalmia Refractories

http://www.msei.in/markets/Equity/Get-Quotes/default.aspx?symbol=DALMIAREF&series=EQ

Such Relisting seems to be a cruel joke on Investors who waited for so long .Earlier Delhi Stock Exchange etc were not working.

                    NOW

Metropolitan Stock Exchange does not seem to work.

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General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in Frick India and Dalmia Refractories ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )