Reasonably priced??? Its bullshit. Those same experts were talking of realty being reasonably priced 9 months back. And now they are devaluing their own statements saying that "Markets change" On what basis do you think it is reasonably priced? These people are just not tracking ICSA the way we are. They are taking a very superficial view of ICSA being a small company with a new management whom they don't consider reliable.
1. The management has clearly mentioned in their concalls that the order sizes are getting bigger. Just look back at the orders and you will see that it is true. Orderbook is 2x FY08 sales.
2. The company pays taxes regularly.
3. It is consistently paying better dividends.
4. It has beaten market( and the best of companies) as far as returns goes.
5. The RoI and RoNW is up.
6. FIIs haven't sold out. So why did you?? Boss, its too bad you just sold out at a trough. I hope you get to pick it again at lower levels.
There is a thin line is dreaming big and building castles in the air. As far as ICSA goes, i think we haven't crossed that line.
Cheers
Reliabull
PS Aaryan, i hope the news was new enough for you.!!!!!
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Dear Jubli
It\\`s a TIP. It is purely on operator driven basis. How can you decide which stock is like Zandu or KLG Cap??? Did you know KLG Cap Or Zandu will go up like that?? I KNEW that Walchandnagar WILL go up to 5000 when it was at 1100 from my source. But it went to 12000 and i made 4 times. And now the same source has told me this. Is it strong enough reason? Fundamentals are also good. So there is element of safety. And i am not saying 6 month. If it happens in 6 onths, i will organize a treat for all of you. I am buying more. Cheers. Reliabull...

Whats old for you might be new to a new investor.That was one of the biggest articles in Thursday DNA Money on ICSA for very long. ...don\\`t worry the company will come up with something new for you too!!.. You seem to be losing patience. Not good!!!...

DNA MONEY MUMBAI: Hyderabad-based ICSA Ltd, which provides software development services and technology solutions for the power sector, is looking at a revenue-sharing model with state utilities to provide total turnkey solutions for all distribution-related services.

G Bala Reddy, chairman and managing director, ICSA Ltd, said the company is looking to bid for the franchisee model initiated by Maharashtra government.

“This model is being pursued by other states too,” he said. He added that ICSA is negotiating a similar arrangement with utilities in Sri Lanka and the Middle East to enter the distribution sector there.

Since 2006, state utility Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded two tenders under the franchisee model for Bhiwandi and Nagpur circles. Torrent Power won the bid for Bhiwandi and Crompton Greaves for Nagpur. The move was aimed at substantially reducing distribution losses in these circles.

“As our expertise lies in reducing distribution losses, and we have several distribution-related products with embedded technology, we are well positioned to offer total turnkey solutions for this sector,” Reddy said.

This is a totally new area of operation for the company, which hopes to freeze the plans by the end of the current fiscal. Once a framework is ready, ICSA will take it forward to other countries in Southeast Asia.

In the domestic market, ICSA offers services and products such as agricultural load management, distribution transformer monitoring systems, theft detection devices, and intelligent automatic meter readings, among others. It also provides customised products for power utilities in the field of energy management, energy audit and control applications and data acquisition systems using GSM technology.

Earlier this month, ICSA signed a deal with ECE Industries to buy the latter’s machineries and equipment along with available drawings, designs and data for energy meters. “This acquisition, though low on value, brings in a lot of synergy for us as now we have the capability to supply meters too,” he said.

The value of the acquisition was Rs 4 crore and the company plans to invest another Rs 5 crore in the acquired business of ECE.

The transaction will help ICSA manufacture energy meters in its own capacity. It also allows ICSA to use the brand name of ECE for a period of six months. Both the parties have signed a five-year non-compete agreement.

Through the acquisition, the company expects to clock revenues of Rs 30 crore in the first year. It plans to introduce smart meters in the Indian market by the fourth quarter of the current fiscal. “We were so far providing automatic meter-reading services to utilities and our other clients. And after the acquisition, we will embed the technology in our energy meters and make them intelligent,” Reddy said.

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Hi all,
Since ICSA is so thanda these days, i just thought i\\`ll rake up a guess game of anticipated dividend and record date. I think it should be Re 1. RD 5th Sept. Your guesses are invited. Lets see who wins.
Cheers
Reliabull...

Dear smsir
I personally don't care whether it reaches 1000 or 5000 or 500 so long as i am making profit. i am just sharing some information humbly. You and I and all the boarders on this board COMBINED are just a drop in the shareholding of Videocon. We cannot make any shit of a difference to any stock price. What we can do however is that try to find out what the big guys are doing and make a mini fortune for ourselves. I am just putting forward a truth for benefit of boarders that i have heard of. This will be a good opportunity to make up all your money that has VANISHED....

Its pure operator play. I was told in feb when it was trading at 400 that it will come down to 320 because of poor market conditions and 1 year target in good market conditions was given as 5000. The oil and gas business is BIG. But it came down to 250, where i was lucky to have picked it up. The source is very reliable. He had tipped me Walchandnagar at 1100 and gave a year target of 5000. But it went to 12000. I believe him. He too has picked up at 250. But don't be too greedy here. Cheers. Reliabull...

ICSA is a real goldmine for patient investors. My experience is that such stocks give you money 'chhappar phadke'. Aban Offshore, Selan Exploration & IDFC fall in the same category. Just add such shares in your portfolio. Your money will multiply only. ...

Dear reliabull Thanks for your reply hope your wish will be fulfill by God I am also find confidance that your sources are more relaible as your name ...

A very big announcement about to be made in vcone industries. Buy before its too late....

Dear reliabbull This counter just not like Zandu Phram or KLG Capital .Untill sensex do not up near 16000 + then untill this Videocon can not above 310+ .We should remeber that at last time when sensex was relly this counter face storng resistance at 300+. So kindly give strong reason for your thinking that this will make new high within six month ...

please post something new and fresh. don't repeat old articles. All these are known and discouted. post that will give some more information relating to cureent or furture devlopment...

hi u all folks, dont count ur money in the air it gets vanished. dear investors dont get carried away with this type of articles. invest safely.. regards smsir...

Hi reliabull, you have a very interesting story there buddy... looks like u made some good money in Walchandnagar.. lets hope that if not 5k, videocon atleast reaches it 1000. i have picked some at 350 levels and some at 400 levels.. looks like its trading in a sideways range at the moment. Buddy, can you share your mail id so that I can reach you?...