You views about Olympic Oil Industries Ltd.
my registration id - 14581.
Thanks,
Manish
1 Olympic Oil Industries Ltd is a 10 rupee face value Agricultural Products company
2. Year high of Olympic Oil Industries Ltd is 15.36 and yellow is 2.39 so year high / year low ratio is higher then 2 which indicate that this stock is enter in high risk zone (new readers please refer Research report terms of Mahesh Kaushik for more details of this concept)
3.Olympic Oil Industries Ltd have no any recent bulk deals.
4. Olympic Oil Industries Ltd never give dividend , this stock give 3:1 bonus in 2012, So I think it is not wise to buy this non dividend paying penny share which already run 7 times within a year. If you already hold it then continue with cautious.
5. Promoter holding in Olympic Oil Industries Ltd is 24.13 % and no any FII , DII holding.
6.Net sale per year in FY 14-15 is 6579.81 that's amazing but only higher net sale per share is not sufficient for long term investment ?
7.Book value of Olympic oil is 78 so CMP is below book value.
8. Finally stock is not bad but due to higher year high/low ratio I think something is wrong in this stock so It is wise to wait alteast 1 year from here.
9. No doubt bull run of this stock is intact due to low equity, higher sales, diversified business ( UPS, Inverter,edible oil etc) but stock is risky due to suspicious balance sheet ( June 15 quarter sales is down but profit is up ?) high year high/low ratio, nil FII DII holding.
9. No doubt bull run of this stock is intact due to low equity, higher sales, diversified business ( UPS, Inverter,edible oil etc) but stock is risky due to suspicious balance sheet ( June 15 quarter sales is down but profit is up ?) high year high/low ratio, nil FII DII holding.
10.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Olympic Oil Industries Ltd so my personal interest is included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Olympic Oil Industries Ltd ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not not received any type of compensation from the subject company( Olympic Oil Industries Ltd ) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( Olympic Oil Industries Ltd ). 6. I have been not engaged in market making activity for the subject company( Olympic Oil Industries Ltd).