Thanks for the insight. That makes sense!

HI all, Just a general question. Why regional banks, although doing well are trading usually at PBV 1 or 1.5 in the last 10 years. Banks like Karanataka, Federal, CUB, KVB, etc. Thier ROE is reasonably well around 15%.

GOV taken for Doordash is the total value of orders completed on their marketplaces including membership fees related to DashPass and Wolt+. It does not include value of orders fulfilled through Drive, Storefront, or Bbot.

Doordash Drive is a platform that allows merchants to access a professional delivery fleet, without dealing with the logistics. Deliveries within 5 miles incur a base rate of $9.75 after that $0.75 per mile up to a maximum of 15 miles.

Doordash Storefront is a platform that allows customers to order directly from merchant’s website or social media. Merchants pay processing fees of 2.9% of the total transaction amount + $0.30 per order

Doordash Bbot is a platform that helps restaurants streamline in-store operations by allowing guests to browse menus, order, and pay using QR codes scanned at the table.

This is my understanding and not a quote. He does mention demand remaining for the things you have mentioned. But also supply increasing.

All Elec component makers are increasing capacity not just in India but elsewhere. Again if you notice closely i said margins will move to new normal band and not old band of 7-8% but 10-14%.

Anyway this is my opinion and I can certainly be absolutely wrong and have been wrong earlier. Thanks for engaging. Thats what this forum is for.

Side Note: My problem is all these companies have PE of 50-80-100 which is unsustainable. There may not be downside, but we should at least consider what’s the upside.

Even if they were to make 1000crore PAT i am not sure how much of this will be attributed to the owners of the business as there non-controlling interest as share of PAT is going up, Any experienced investors who can help calculate how much of this will be attributed to shareholders?