PE of 50 is ok in the EMS industry. The huge guidance by the promoters will sail the company through. Just wait and watch Jaddu bhai
Posts in category Value Pickr
NINtec Systems Limited: A High Potential Microcap IT Company (14-08-2024)
Please anyone can clear these queries and provide answers to these questions:
- Can anyone provide the names of Fortune 500 companies (clients) this company offers it’s services to?
- Also what are the use cases of this company, it difficult to find as they have only mentioned buz words and tech stacks.
- How is Nintec (Netherlands based), Nintec Systems (India) and Gateway Digital related. What is the company structure. Is Nintec the parent company?
Piccadily Agro Industries Ltd (14-08-2024)
How do you know they are buying another 55K barrels? Also I could not find any information about copper pot for gin.
Please share the source.
Indri is matured in three type of casks Ex-bourbon, French Oak and Sherry. Estimated cost of these barrels is
Total Estimated Cost for One Set:
- Ex-Bourbon Barrel: $100 to $300
- French Oak Cask: $900 to $1,500
- Sherry Cask: $800 to $2,000
Total Estimated Cost: $1,800 to $3,800 for one set of all three types of barrels.
Taking cost of 1 set of barrels at $2800. The cost of 55k barrels work out at Rs. 431 crores. I don’t think company has that kind of money. In preferential issue they have just raised 284 crores.
Piccadily Agro Industries Ltd (14-08-2024)
MSCI addition is great news…it will help driving in liquidity and mainstreaming the stock
TARSONS products ltd (14-08-2024)
Sharp drop on the results day and before the declaration of results! If the results are muted/bad then that is a red flag in my view.
Disc.: not invested
Piccadily Agro Industries Ltd (14-08-2024)
Perhaps it is why they said “exponential” increase during the winters?
I expect Indri to cross 1L casks this year itself. With even barrels going up by another 55k, and newer products (Camikara & new Gin – they bought a copper pot for gin), one can expect premium alco bev revenues itself to cross 400/500 crs by FY26.
Godawari Power – Any Trackers? (14-08-2024)
Background:
A nine-judge Constitution Bench of the Supreme Court, led by Chief Justice DY Chandrachud, rejected the Centre’s request for the prospective effect of its July 25 decision, which upheld states’ authority to levy taxes on mineral rights and mineral-bearing land and allowed them to seek royalty refunds beginning April 1, 2005.
While dismissing the argument that the July 25 verdict had a prospective effect, the court stated that the Centre and mining corporations might pay dues to mineral-rich states in a staggered manner over the following 12 years. However, the Bench asked the governments not to apply any type of penalty for late payment.
Earlier on July 25, the Supreme Court reversed a 1989 decision that declared that only the Centre has the authority to levy royalties on minerals and mineral-bearing land, and stated that states had the legislative ability to tax mineral rights
“How significant would this impact be for Godawari Power & Ispat Ltd (GPIL)?