MOBILE TELECOMMUNICATIONSLTD- QUICK BUCKS!

About:-

Mobile Telecommunications (MTL) incorporated in 1994 is a public company having its stocks listed on Bombay Stock Exchange. MTL is an established player in the field of information technology. At present, it is engaged in development and marketing of software packages and manufacturing EPBT (electronic push button telephones).

Working with global original equipment manufacturers, it manufactures box assemblies as well as printed circuit board (PCB) assemblies for some of the best names in the business at its world-class facilities located at Nashik in Maharashtra. Assembly line services include cellular manufacturing, flow line, U-shaped assembly line, PC based testing of products, skilled operators, statistical process control, zero defect manufacturing, deliveries that are just-in-time every time, and set top box assembly. The PCB assembly line undertakes surface mounting device, plated through-hole, and chip-on-board assemblies and auto insertion for leaded components.

Enriched by the experience and motivated by the successful track record, MTL is starting a separate division Digitechtronics to make foray into Electronic Manufacturing services. The manufacturing facility will be put up at MTL’s factory located at Nasik, Maharashtra. The facility will be equipped to offer outsourcing solutions for manufacture of assembled product PCBs for mobile handset circuits, DVD players, Set Top Boxes, Cable Modem, Static Electronic Energy Meters, Digital Projector, Graphic Cards, Network Cards, PC Motherboard, etc.

Products:-

1)Cable Modem

2)Digital Projector

3)Graphic Cards

4)Mobile Handset Circuits

5)Network Interface Cards

6)DVD Player

7)PC Mother Boards

8)Railway Signalling

9)Set-Top Box

10)Static Electronic Energy Meters

11)Cable Modem (Graphical representation)

12)PCB

13)Dimmer Controller

14)Fan Regulator

15)Electronic Ballast etc. with or without material.

Services:-

1)Original Equipment Manufacturer (OEM)

2)Original Design Manufacturer

3)Electronics Manufacture Service Provider

Triggers :-

The company will post more and more profits in coming quarters... what I like about the company-

1) Expansion of wire and cable operations; i.e. the company has successfully commissioned its WIRE and CABLE plant and commercial has started from 2^nd week of December which will hopefully increase topline and bottom-line in the coming quarters.

2) They entered in alliance with SUNFAIR ELECTRIC WIRE CABLES MNC of electric cables to produce USB and power cables.

3) They provide e-cash register, positive effect of demonetization.

4) MT has opened SMT line operation in NAHSIK since this quarter

5) Company posted highest profit this quarter.

6) FIIs holding 15.2%.

7) Promoters holding increasing since last 3 quarters.

8) They are also into the business of pos machines, will be positively affected by demonetization.

9)And above all what I like is the management transparency and their dedication towards biz- the MD of the company Mr.Anil have forgone his managerial remuneration and several other directors dint took any financial benefit. Nothing else is required! I am waiting for 6-8mnths after going through the AR n QR!

My Take:-

       The company is a hold for 6-9 months. Recommending at 3.7 the writer has MTT1:5.5, MTT2:7, MTT3:9.

Disc:- All the info are based on the writer's own research/gathered from public domains. The writer of this Blog is neither any advisor nor related to any brokerage houses!! The writer might be himself invested in the stock after his own research so the views might be biased. One must do their own research before investing. The writer of this blog won't be held responsible for any of your profit/loss in your investment/trading career!