Messages for Sakuma Exports Ltd
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|3. Sakshi 10/23/2009 7:36:58 PM IST
||Price @BSE - Rs 12.65 when posted
|Yes I agree that a TRADER can sustain in all market trends. Trader like SAKUMA EXPORTS exports 25 commodities, have presence in more then 75 countries and have client base of 300 across the world. What I see in inflationaly economy a trader earns more who balance the trade. Sakuma Export is going to benefit more.|
Presently the share is available at PE of 7 and BOOK VALUE is 32 Rs, looks cheap at current market price of 13 Rs. I see its share price reaching above 30 in 6 months period.
|2. Sumeet 10/23/2009 7:20:52 PM IST
||Price @BSE - Rs 12.65 when posted
|Large opportunities for SAKUMA EXPORTS as they have logistics chain ready|
The Financial Express: September 23, 2009
New Delhi: India, which is one of the world’s largest producer of
fruit and vegetables, has strengthened its position in the world fruit
market by becoming the largest grower of banana in the world, largely
due to renewed emphasis on increasing fruits and vegetables production
through use of better technology and marketing linkage as laid down
under the National Horticulture Mission (NHM).
Agriculture ministry data indicate that with the production of more
than 28.2 million tonne of fruits and 66 million tonne of vegetables,
the country has emerged as the second largest producer of fruits and
vegetables in the world next only to Brazil.
About 20 million hectares of agricultural land have been already
covered under horticulture crops, which results in yield of 91 million
tonne. Though these crops occupy only around 10% of the cropped area
they contribute over 18% to the gross agricultural output in the
country. More than eight lakh hectare of land have been already
brought under the horticulture crops during last three years under
According to Agricultural and Processed Food Products Export
Development Authority (Apeda) data, in volume terms, the country’s
banana exports rose by 89% to 25,013 tonne during 2008-9, compared to
13,207 tonne achieved in the corresponding period previous year. The
banana exports worth of Rs 100 crore is targeted for the current
fiscal against Rs 64 crore achieved during 2008-9. Apeda in
collaboration with NHM, have been creating storage pack-house and cold
storage infrastructure in key banana cultivation clusters with export
Official sources said the investment in horticulture sector with
focused attention has resulted in spectacular change in the
horticultural scenario, which has attracted large number of private
sector players into the sector.
“We have achieved growth of the horticulture crops without
compromising on food security,” a senior official associated with NHM
HP Singh, deputy director general (horticulture) at the Indian Council
of Agricultural Research, said that due to rising purchasing power of
consumers, horticulture crops have emerged as integral part of
‘nutrition security’ regime. “
Agriculture ministry official said the horticulture would get further
boost if 240 million acre of cultivable wasteland is brought under
orchard crops without curtailing the area under food crops.
“We have sunshine throughout year, surplus labour and widely varied
agro-climatic conditions, which offers high potential for successful
and profitable commercial horticulture,” an Apeda official said.
Singh of ICAR said there need for great utilisation of available
wastelands by growing horticulture crops through greater participation
of state government would go a long way in augmenting in farm income.
Launched in 2005, the government had allocated Rs 1,100 crore during
2008-09 under NHM, which covers 340 districts across 18 states and two
Horticulture crops have benefited farmers and entrepreneurs, besides
enhancing exports and providing nutritional security to the people.
The sector, which includes fruits vegetables, root and tuber crops,
mushroom, floriculture, medical and aromatic plants, cashew nut,
plantation crops including coconut and oil palm have been accepted by
the state government for enhancing farm income.
Farm exports to top $20 bn by 2014: Government
The Economic Times: September 09, 2009
New Delhi: Exports of agricultural products from the country will more
than double to top Rs 1 lakh crore (Rs 1 trillion or $20 billion) in
the next five years, says an official export promotion agency of the
According to estimates by the Agricultural and Processed Food Products
Export Development Authority (Apeda), the share of India`s farm
product exports in the global trade will also grow from 2 percent now
to over 5 per cent.
"It is very important to increase our exports to the developed
countries," Apeda director S Dave told a business meet organised by
the Associated Chambers of Commerce and Industry here.
Exports of fresh and processed vegetables, fruits, livestock and
cereals grew 24 percent in rupee terms to Rs.39,000 crore in 2008-09.
In dollar terms, such exports rose 10 per cent to $8.67 billion.
"Consumption patterns are fast changing in the international market.
There is an emergence of specific products like functional foods,
convenience foods, dietary products and organic products," Dave said.
"India has made considerable progress in ready-to-eat food and organic
products but more effort is needed to add value."
With the global economy beginning to perk-up, India’s food processing
industry is expected to benefit from this and grow to around $260
billion from the present $200 billion in the next 6-years, an industry
“The food processing industry will grow 30-40 per cent as against the
present 15 per cent in the next 10-years,” Ernst and Young’s Associate
Director, Shrikanth Kamat, said.
The food sector has a huge potential and the industry’s growth would
reach $320 billion by 2020, Mr. Kamat said in his presentation on
technology for the food processing industry; business potential
between Argentina and India, here.
Potential for processed foods is estimated to reach from Rs 8,200-
billion in 2009-10 to Rs 13,500-billion by 2014-15, he said.
India produces 41 per cent of the world’s mangoes, 30 per cent of
cauliflowers, 28 per cent of tea, 23 per cent of cashews, 36 per cent
of green peas and 10 per cent of onions.
India is a large and growing market for food products as it is growing
at about 1.6 per cent annum, Mr. Kamat said.
On the global food sector, Mr. Kamat said the food products industry
is expected to reach $3,137.2 billion by 2011.
“Global food, beverage and tobacco industry will continue to grow with
major contributions from developing countries as China and India,” Mr.
Only 6 per cent of total agro output of India is currently processed
as against 80 per cent in some developed countries, Mr. Kamat said.
Currently food products in the organised sector are high-priced
because of multiple taxes. The Goods and Services Tax (GST) which is
proposed to be implemented from April 1, 2010, will help reduce prices
of manufactured products, he added.
|1. Mohnish 1/3/2008 7:30:06 PM IST
||Price @BSE: 49.9 Rs when posted
|Can someone give any update on the SAkuma Exports?|
The Stock has been in UPpper Circuit for more then 15 sessions.