The company is the leading integrated temperature-controlled logistics service provider operating on the pan-India basis. Temperature controlled warehouses are set up adjacent to cities with a large potential for sourcing and/or consumption of temperature sensitive products.
Annual Report Review FY17-18, FY16-17, FY15-16, FY14-15
Disclaimer: This is not a recommendation to Buy-Sell-Hold. And I am not a SEBI registered analyst.
CCL Products (India) Limited, was founded in the year 1994 with the vision of creating only the finest and the richest instant coffee in the world. CCL Products is engaged in the manufacture of Soluble Instant Spray Dried Coffee Powder, Spray Dried Agglomerated / Granulated Coffee, Freeze Dried Coffee, Roasted Coffee, Roast & Ground Coffee, as well as Freeze Concentrated Liquid Coffee. Soluble instant coffee is prepared from carefully chosen Arabica and Robusta coffee beans, roasted and processed to perfection, for an aroma and flavor. In addition to this, CCL has the ability to supply flavored coffee, decaffeinated coffee, organic coffee, Rainforest coffee, Fair Trade coffee, Dual and Triple certified coffee as well as Chicory-coffee mix as per the required specifications of the customer.
Annual Report Review FY17-18
Disclaimer: This is not a recommendation to Buy-Sell-Hold. And I am not a SEBI registered analyst.
Bajaj Corp Ltd. is one of the leading player in Hair oil category with brands like Bajaj Almond Drops Hair oil, Bajaj Brahmi Amla Hair Oil, Bajaj Amla Hair oil and Bajaj Jasmine Hair oil. Company’s flagship Brand Bajaj Almond Drops Hair oil is the No. 1* hair oil in Indian market with Premium positioning and commands one of the highest per-unit price in the industry.
The company had acquired the Nomarks Brand, With this acquisition, the company has also ventured into the 9000 cr Skin Care Category.
Annual Report Review FY17-18
Disclaimer: This is not a recommendation to Buy-Sell-Hold. And I am not a SEBI registered analyst.
WB Letter 1985
Mr.Buffett indicate that Berkshire Hathway has a capability to earn superior return generally earn by corporate America.
We need to focus on the mistakes which we have made and try to learn from our mistakes.
Berkshire liquidates its textile business in the year 1985. Cyclical nature of the business and huge competition makes them helpless which resulted in the shutdown of the textile business.
If management having good managerial skills then company able to produce the good economic return.
Commodity business only able to produce profit while prices of the product are fixed or capacity is shorted. And managers can enhance capacity with the availability of capital when things look good in future.
Acquisition of Scott & Fetzer
CEO of the Scott & Fetzer – Ralph Schey is capable enough. When he took charge of the company, at that Time, Company had 31 businesses. Ralph had disposed of many of the businesses which have limited profitability and result of that company left with 17 businesses. Capital allocation decision of the Ralph is good enough which Mr.Buffett admired.
After the purchase by Berkshire, Schey spent two years revising World Book segment by selling off the Japanese division and trimming domestic operations in much the same way as he had tightened Scott Fetzer.
WB Letter 1986
Mr.Buffett mentioned that he and Mr.Charlie only having a major two job to perform – one is to retain and attract a good manager to manage a business and other is to allocate capital of Berkshire Hathway in a way which helps to earn more money than average.
Acquisition of the Fechheimer Bros. Co.
Mr.Buffett mentioned that he only acquire a company when economic characteristics of the business are favorable, and connected with the right people who can handle position with integrity.
Mr.Buffett on Accounting numbers –
Warren Buffett’s Letters 1957 – 2012