Intrest cost and tax rate dragged the profit margin. Although managment guided to reduce tax rate to 25%.
Posts in category Value Pickr
Skipper Ltd., (Power and Water) a moat in making? (07-05-2024)
Intrest on anual basis is 154 cr.
PayTM (One 97 Communications Ltd) (07-05-2024)
What is the cash and cash equivalents position? I think 8000 cr. figure is of last year
Action construction equipment ltd (07-05-2024)
Anyone knows what initiatives ACE is taking to increase its share in the backhoe loader segment?
JCB used to be my client & I know they do close to 12k crs revenue from India – mainly from backhoe loaders. The market size just for backhoe loaders today would easily be around ~$2bn given JCB’s market share of around 60-70%
All that I noticed in ACE’s presentation on backhoe loaders was focus on distribution but focus on tech?
Captain’s Growth Portfolio (07-05-2024)
any possibilities to share the allocation % and average price. so that we can understand which one has high beliefs.
Great articles to read on the web (07-05-2024)
India has a huge population, so any disease incidence if taken in absolute number will be high. To know whether any disease is actually high in a country one has to look for the rate (example – disease per 100000 persons). India doesn’t come on top in cancer, hypertension or diabetes according to them.
Investing Basics – Feel free to ask the most basic questions (07-05-2024)
There are some massive asset management companies in the world such as blackrock and Vangaurd. Do you think that india is also going to have such a bigger companies in the future? Looking at the current scenario, too much money is being managed by all mutual fund companies.if each mutual fund company buys 10% of the stock, then totally 10 mf companies can whole company.
Investing Basics – Feel free to ask the most basic questions (07-05-2024)
I have question on tax. If I give money to my wife and invest that into buybacks and SGB, will it be tax free? I know PPF is tax free
PayTM (One 97 Communications Ltd) (07-05-2024)
I took a position after the RBI ban. As assymetrical an opportunity as they come so couldn’t resist.
My thesis is that the payments bank is screwed but the major play was never the bank anyway. If it recovers, great but even if it doesn’t, I see them just partnering with other banks and insurance companies and do BAU just like they did with their own bank earlier. Their strength is the app and the active users along with the 5mil active sound boxes that they have. The data that comes with it is gold and provides opportunities for both cross sell and targeted advertising.
One to closely track over the next year to see if it’s the right call but with the cash on hand and the market cap being what they are, the downside is limited imo.
Disc – Invested.
Manappuram Finance (07-05-2024)
Whether we will get some shares of Asirvad during its IPO or we need to buy in IPO as shareholder of manappuram? What is scheme of arrangement?