Porinju Veliyath Latest Stock Pick PDS Multinational Fashions

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Pee Vee
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Porinju Veliyath Latest Stock Pick PDS Multinational Fashions

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Porinju Veliyath's EQUITY INTELLIGENCE INDIA PRIVATE LIMITED [P M S] bought 225000 shares of PDS Multinational Fashions.

This was in a bulk deal entered on 8th November 2017. The price was Rs. 260.76 per share.

Brand Saliency

PDS Multinational Fashions is a leading global strategic manufacturing partner to major brands and retailers that operates a vast global network covering over 31 offices, 18 countries and over 2,500 employees across UK, Europe, Americas and Asia. Since its inception three decades ago, PDS Group has grown leaps and bounds and has covered several milestones in its journey. Today, the brand is synonymous with premium quality of goods, utmost transparency of service and reliability of operations. The brand salience, diverse product range along with our niche product development and design capabilities allows to take up the ante in terms of reach and competitiveness of the brand.

Own Manufacturing Venture

PDS Group has recently forayed into its own manufacturing division by establishing two factories in Bangladesh. In-house manufacturing adds incremental value at each step of the product development cycle and helps address specific requirements of the customer. High quality control, in-depth knowledge of the end-to-end process and better operational efficiency enables quicker responses to customer feedback and product layout changes. The venture will also facilitate expansion and better penetration in the US markets.

Aristocratic management, the driving force behind Company operations

A strong management team comprising of promoter family and senior professionals with an extensive experience in design, manufacturing, sourcing and distribution for leading retailers across the world. PDS Group also supports a wide network of partner factories that run their own business units within the cultural and financial framework of the group. The team offers multiple years of expertise and skill set to offer the client base the best quality service.

Integrated Distribution Capabilities

PDS Group has an expansive distribution network across key sourcing geographies such as Bangladesh, Cambodia, China, India, Morocco, Myanmar, Pakistan, Sri Lanka, and Turkey. PDS Group also enjoys long-term and exclusive agreements with few of its distributors for sourcing purpose. Established contracts with premium and high-quality suppliers helps mitigate price volatility risk. The established and growing network offer a series of benefits such as multiple touch points, business scale, brand reach and elevation of business capabilities. Additionally, PDS Group’s strong focus towards enhancing its manufacturing capabilities is also expected to improve the sourcing business arm.

Deep Expertise

As one of the leading and widely chosen global sourcing agent, PDS offers a host of benefits to its clients comprising of high-end retailers and brands. PDS on the back of a strong balance sheet and proven pedigree over several years has in place large limits with several banks in the geographies wherein it operates. Despite a dreary macro-economic outlook, PDS Group’s investors, partners, bankers remain very confident on the business prospects, a mere function of PDS Group’s high standard of operations and unparalleled balance sheet profile.

Porinju appears to have bought PDS Multinational fashion so as to benefit from the GST impact on the branded garments segment and also the outsourcing of the products. Will the latest stock pick of Porinju Veliyath be another multibagger for his portfolio?
valuepicker
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Joined: Mon Jan 09, 2017 8:44 am

Re: Porinju Veliyath Latest Stock Pick PDS Multinational Fashions

Post by valuepicker »

Unlike other porinju picks this stock has not moved. Is it a good investment from long term perspective?
Pee Vee
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Posts: 453
Joined: Mon Dec 26, 2016 10:45 pm

Re: Porinju Veliyath Latest Stock Pick PDS Multinational Fashions

Post by Pee Vee »

valuepicker wrote:Unlike other porinju picks this stock has not moved. Is it a good investment from long term perspective?
Yes very surprising. Looks like a good company engaged in sub contracting work for high end fashion labels.
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