Astral launches a comprehensive new paint line named Astral Paints
After acquiring a majority stake in Gem Paints in 2022, Astral thoroughly prepared to enter the paint industry. The company has strategically launched its first phase in Bengaluru, leveraging three paint units. Moreover, the company will expand its paint line across India in phases, starting with Karnataka and Gujarat.
Posts in category Value Pickr
Astral Ltd. (Earlier: Astral Poly Technik Ltd.) ~ Leading Pipes & Adhesives company (23-05-2024)
PDS Limited – A platform for entrepreneurs (23-05-2024)
What are non controlling interest?
IRM Energy – A new kid on the (listed CGD) block (23-05-2024)
Can you share the report?
Gujarat State Petronet Limited (23-05-2024)
Regulation risk is always there in such companies. PSE companies don’t care much about investors unless they want to divest, that’s the only time share price matters to them.
Sanghvi Movers (23-05-2024)
It was a simple example. Can do this for debt also.
Suppose 100 crores of incremental debt is taken and cranes are acquired. Assuming their is no time lag in acquiring after debt is taken and they get immediate delivery for simplicity.
From that the unit economics look like:
As per previous post, 20cr revenue, 12cr EBITDA.
Interest on 100cr according to me would be 9-12cr. Being optimistic and taking 9cr.
Gives us PBT 3cr and PAT/Cash flow of 2.25cr
But if we take into account effective depreciation, assuming 40 year life, 2.5cr will be depreciation which will be more than PAT/Cash flow. This is when we assume 9% interest on debt, but in reality is likely to be more.
Note: My personal rough calculations, might be errors
Kamat Hotels (India) Ltd- A Possible Turnaround Story! (23-05-2024)
Any idea if this is a positive for the company? Like can’t see any valuations for the companies being merged. Is the ratio fair?
Waaree Renewables – old Sangam Advisors – can it keep on renewing? (23-05-2024)
There are several truisms related to equity market that are universal in nature. One of them is “what goes up must come down and vice-versa”, all other things being equal. A variant of that is “what goes up harder must come down harder”, again all other things being equal.
In other words, whenever stock prices go out of sync with fundamentals and valuations, a correction (upward or downward) always happens.
Coming to Waaree Renewable. In one year earnings are only 3x while stock price is 13x. With all due respect company is not a unicorn and nothing they are doing is special or unique. So it beats me as to why a renewable business should get a P/E of 120 (that too after 40% correction).
52 week highs and all time highs strategy (23-05-2024)
Hi Vishal…One query, as I am learning and came across VCP and Minervini book recently.
The 2nd basic condition for VCP as well as overall momentum investing is the sector of the respective stock should also be in momentum.
But when i check hotel sector…
Indian Hotel seems to be in stage 3
Juniper hotels in stage 4
Mahindra holidays in stage 3…
Somewhere i read that the 50% upmove of stock is due to overall market and itse sector being in momemtum.
EIhotel is cleary in stage 2 and in VCP but its not from sector which is in momentum. That is the reason, even if I hold this stock in my PF, but have low confidence, which may prompt me to sell at any slight downfall. Please help me clear my doubt and pls say that I am reading it all wrong 