You might consider to go through the process again. Allocation size, biased approach, entry time being possible reasons. Whatever you do if 50 > 200, pf will turn green, it’s like writing on a wall.
Posts in category Value Pickr
Smallcap momentum portfolio (23-05-2024)
You are Bang on, though discretion is not criteria, in some cases definitely, IMHO.
Senco Gold: Upcoming gold story! (23-05-2024)
(post deleted by author)
Hi-Green Carbon Ltd – Play on Renewable energy endeavoring wealth from waste (23-05-2024)
Got the answer in older update
It is for the third plant in MP
Jindal saw – Another beneficiary of India’s growth story (23-05-2024)
you have to compare with Surya Roshni/ APL Apollo. REason for lower valuation is Debt of 4K+ cr . and Second is that this high sales and pat number is due to a one time 34% growth. If u remove that then the PE will rise to 20.
Astec Lifesciences (23-05-2024)
there is 18-04-2024 news of fire in astec in mahad MIDC on zee 24 (you tube). i couldnt find any such disclosure by company.
Smallcap momentum portfolio (23-05-2024)
It is quite possible if the market (and this index) is in negative territory.
Hi-Green Carbon Ltd – Play on Renewable energy endeavoring wealth from waste (23-05-2024)
Can anyone explain what is this latest investment of ₹5Cr in Shantol Recycling Private Limited by company is all about
Indian Metals & Ferro Alloys Ltd (IMFA) (23-05-2024)
IMFA posted a weak Q4 nos, largely due to increase in other expenses- gross margins remains healthy. Few interesting points:
- Co. declared total dividend of Rs.30/share in FY24- highest ever.
- Net cash on book currently at 300 Cr- strongest Balance Sheet in company’s history.
- Valuations are still around 5x EV/EBITDA- same as 10 years of median multiple despite the balance sheet turnaround.
- Fox Consultancy- public shareholder sold almost entire holding of 5% in last 1 year- pressure on the stock price is expected to ease out.
- Co. is generating 500 Cr CFO in a year where all other global players are suffering big time- South Africa due to Power issues and China due to rising chrome ore prices. IMFA made consistent 20% margins because of its backward integration.
- Upcoming capex of 1500 Cr will help to increase volumes meaningfully- entirely funded from internal accruals.
- Management expects additional INR ~250 Cr as final settlement on account of Utkal C ongoing litigation from JSPL.
