Rare Indian Shares ( by Ashwani K Aggarwal ): Frick India-Promoters Holding Details

April 09, 2018

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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It appears ( PLEASE RECHECK THIS ) that in the Delisted Market Frick India is not having sellers at Rs.4000 / Share.

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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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 . )