21/07/2024

AEGISLOG
ANANDRATHI
APARINDS
ARE&M
BLUESTARCO
COCHINSHIP
DOMS
EXIDEIND
GLENMARK
GODFRYPHLP
GRSE
HUDCO
JAIBALAJI
JWL
KPIL
NBCC
POWERINDIA
SCHNEIDER
SIGNATURE
VGUARD

Missed to update last two weeks data in excel. Don’t know which stock has to be exited and entered.

There is nothing like sure shot investment in stock market. Though we look for certainty, Warren Buffet said that certainty comes in market at a very high price. As we are discussing, and many of us are invested in such micro cap company, on the very definition of micro-cap investing, we are playing with uncertainty. It all boils down to “thinking in bets”. Let us have a look;

• March half year result was poor, and it resulted in some correction in stock price. I bet that future results shall be better.
• In last one year, the company has acquired numerous certifications, increased production capacity, started marketing aggressively, developed foreign connections… The effort is likely to be rewarded.
• On project side, the company has been able to grab a few prestigious orders.
• On market cycle front, capital goods industry is likely to do well in this phase of the market. Investment environment gives a tailwind to the sector.
• The company is serious about its foray into defence sector.
  If these things happen, investors in the company may be rewarded handsomely.

If these things does not happen, i.e. investment environment worsens, market crashes, the company financials deteriorates- of course some losses will be there.
We all put our probabilities on both the scenarios and move further. Future will always be uncertain.
(Invested and Biased)

Is it possible for a company to have fixed operating margin for years… J Kumar has 14% margin for 5 years (apart from covid year of 2021) – exact 14% every quarter. that too for construction companies where revenues are fluctuating based on project progress…

#SHAKTI PUMPS a renewable energy stock producing SOLAR pumps posted amazing results once again Profit increased from just 1 CR to 93 CR PAT(YoY) where as for QoQ 89 CR PAT to 93CR PAT now. Its a market leader in #SOLAR #WATER pumps and this theme is getting bigger and better as company is going GLOBAL with increasing its export market. Margin expansion happened, P/E will almost become half with these results. If we see Oppurtunity size, the total number of grid connected pumps is 4.5 crores and 4.5 crores more pumps are to be installed. So total addressable market is much bigger than 150000 crores.
Expecting expecting coming quarters will be bigger blockbusters than this.
Full year projections
3000 cr revenue,
600 cr pat
300 eps
available at just pe of 13 vs KSB at 74.

I generally prefer to keep it in bank as it gets invested in couple of month. This being a substantial part of PF will park some into liquid fund & some will be in bank incase of opportunity in fall.

These days falls are swift and i prefer to take decision quickly then wait to redeem and wait for funds to hit bank.

It depends on ones convenience and stayle of investing.