Wednesday, February 15, 2017

COMPUAGE INFOCOM LTD :- A VALUEPICK

Dear friends,


  Today we are discussing Storage Media & Peripherals segment stock for long term portfolio investor.

 

                          COMPUAGE INFOCOM LTD     

 Compuage, one of India’s leading IT distribution company, over the years has trail blazed its way into being the most sought after, value added distributor of global IT brands. Having a nationwide presence, Compuage is a system oriented and process driven company. Added to this, is a strong IT enabled distribution backbone, a solid financial and inventory management system, a young and dynamic sales team and a committed channel spread across the country. Headquartered at Mumbai, Compuage, has been growing at a rapid pace and has an ambitious blue print for further expansion.

 

Global  Alliance

Compuage with its ever growing alliances with Global IT giants, has to its credit, many successful introductions of technological innovations and a wind array of world class products in the Indian IT market.

The Global Alliances have given plumage to Compuage to fledge its wings succesfully in the distribution arena. Some of our Global partners are: Cisco, micro soft, jio, lenevo ect.

                          

         Services

 Compuage offers technical expertise that assures complete reliability and performance. Armed with a well-trained team of service personnel, we offer complete after sales support. Compuage an Authorised Service Providers for ASUS, CREATIVE, FUJIFILMS, HP optical drive, LITEON, RELICELL & TOSHIBA.

 

Management comments :-

  

Compuage Infocom Ltd, a Mumbai-based information technology and mobility products (smartphones, tablets) distributor having revenues of over Rs 3,000 crore, expects sales to grow at a robust rate of 40 per cent in FY17.

With 28 vendors or clients, the company (smaller but comparable peer to Redington (India)) plans to increase its presence from 485 cities catering to 9,000 channel partners to 750 cities and 11,000 channel partners in FY17. It has already added eight-nine new vendors in the first half of FY17.

The company targets to become a billion dollar company by FY19 by adding four-five vendors every year, brands (filling product gaps), enter new markets/ cities and increase the share of fast-growing smartphones in revenues. 

 

Promoter holding 61.50% stake in company, compuage posted 882 cr top line and 3.98 cr bottom line with an EPS of 3.4 in latest quarter . Huge positive comments from management side and good scope for growing 30% annual is more re raring may happen in this company , so long term investor can buy this stock @ current price and hold their portfolio for a multiple return. Feb 17 is the record date for stock split into 2 rs face value from 10. Compuage trading both NSE and BSE @ 290 level .

 

Before buying any stock take advice from certified person.

Disclosure :- I am holding this shares in my portfolio.

 

 

 

 

 

6 comments:

  1. Dear VG, Two consecutive failures on the row....third will follow the same?

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    Replies
    1. Always speculator will failure, patience investor only surviving in stock market, I believe 10 days failure is 10 years gainer.

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    2. Keep up the good work - People often do not appreciate free lunch! Excellent pick as usual!
      This is name of the game - you get appreciated for good work and knocked down on one that doesn't shoot up in few weeks! Yeah, people like magic - they expect the company to perform the next day it's recommended! :)

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  2. Plz tell whether it will be good idea to invest in nitiraj engineers ltd IPO.

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  3. Sir, i believe it’s a good pick and it will give good returns in future. Its market cap versus revenue gives it lot of room for the price to go up considerably in future. Its long term borrowing is almost zero, mostly all debt is short term related to working capital and as you mentioned it has good cash in BS. Only bit of concern is its PE which doesn’t give much marjin of safety. Considering lots of its positives, i believe this stock has potnetial to move up. Thank you sir once again for all the good work you have been doing.

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