DUKE OFFSHORE LIMITED is headquartered in Mumbai, India and is managed by a dynamic group of oil field and marine professionals. Our Engineering Division has dedicated teams of engineers and support staff who are specialized in hook up and commissioning of offshore oil field platforms, their maintenance, modification and inspection services.
The Diving Division provides a dedicated underwater platform inspection, maintenance and repair (IMR) program for oil companies. In addition diving services are provided for drill rig support, SBM and SPM installation, operations and maintenance.
The Offshore vessel and Marine Management Division provides offshore support vessels like supply vessels, crew boats and hook up/ accommodation barges globally.
The Special Force Protection Division has been created to provide offshore patrol vessels to the oil fields and other offshore installations for security and protection.
Company URL: http://www.dukeoffshore.com/
Screener URL: http://www.screener.in/company/531471
Warren Buffett Checklist
|History of Consistently Increasing Sales, Earnings & Cash Flow||Yes.|
|Durable Competitive Advantage||Moderate.|
|Future Growth Drivers||Good for next 2 years.|
|Conservative Debt (long term debt < 3 Net Profit)||Yes.|
|Debt Equity Ratio, Current Ratio||0.09|
|Return on Equity must be Above Average||23 (Good)|
|Low CAPEX required to maintain current operations||Not.|
|Management is holding / buying the stock||Slightly decreasing in past 3 years.|
|Price is Under Valued (< intrinsic value)||Yes.|
|Stock Price is consolidating (now)||Yes.|
|Stock Price is growing in past years along with EPS growth||Yes.|
Additional Futurecaps Checklist
|Consolidated PE, PB Ratio||PE 9, PB 1.5|
|Cash Flow Positive, Net Profit % greater than 8%||Not. Yes.|
|Paying Dividends, Tax||No. Yes.|
|EPS Growth Rate||50% to 100%|
|Jump in Trailing Result EPS||Yes. 100%.|
|Jump in Quarterly Result EPS||Yes. 15%.|
|Expected Gain in 5 Years||10 to 15 times.|
|Price Movement Graph, 52 Week High & Low||62.00/11.00|
|Volume Analysis||6800 (Good)|
|Power of Brand||Moderate.|
|Corporate Governance, Reputation of Leaders||Yes.|
|Fraud reported||Not in current search.|
|Annual Report||Expansion plan on card. LINK|
Based on the value & growth parameters we declare the company as a multibagger.
1-23% of portfolio.
Capitalization is very low – 15 crores.
Futurecaps recommends 100 to 150 multibaggers per year, we recommend a 25% to 50% allocation of your savings in equity. The stocks recommended here are gone through Analysts of several years experience in stock market. Although they were successful in predicting future multibaggers, the overall stock market is a risky game. So we recommend the reader to put his/her own thoughts & invest wisely.