Posts in category Value Pickr
IIFL Finance (erstwhile IIFL Holdings) ~ Retail focused diversified NBFC (07-05-2024)
https://www.reuters.com/business/finance/indias-iifl-finance-facing-liquidity-crunch-after-gold-loan-business-curbs-2024-05-06/
This seems like an obvious consequence. Makes my decision to exit after the second LC, seem right in hindsight. Yet, it seems too early to conclude. I’m curious to know any contrarian views esp. from those who bought in March.
Fredun Pharmaceuticals – A good microcap with great potential? (07-05-2024)
Great results from Fredun Pharma
Net profit growth of 30% YOY
Revenue growth of 20% YOY
PayTM (One 97 Communications Ltd) (07-05-2024)
In current assets
Bank balance apart from c & ce is close to 3700 cr.
C& ce = 3500 cr…
Look at current assets in balance sheet.
PayTM (One 97 Communications Ltd) (07-05-2024)
There is no business in being a payment intermediary. The key profit businesses with expected growth was potentential Banking Licence. Without it, wallet, fasttag and rent business gone, there is nothing left to even support current valuation.
Phantom Digital Effects Limited (07-05-2024)
Public shareholding continuously increasing and FII DII stake significantly reduced,
They were part of recent QIP and all of them reduced their stake or completely exited.
Wondering if a distribution likely happening here
Rural Elect Corp (07-05-2024)
Pulak Prasad also explains this in his Book, Errors of Omission and Errors of Commission.
Policybazaar – Insurance Online (07-05-2024)
Good numbers:
Finally company turns +ve EBIDT
Edelweiss Financial Services (07-05-2024)
I think a price based on your edelweiss price will be calculated and LTCG will be applied.,
Eg:say at feb 2022 your Edelweiss at rs 70 , then Nuvama price will be rs 1900 during demerger
PayTM (One 97 Communications Ltd) (07-05-2024)
Let’s see what will happen.