yes, lets do it, i m in
Posts in category Value Pickr
Hi Value Pickers from Mumbai/Navi Mumbai/Thane. Can we start a local community? If there are enough people from the region we can have regular F2F meetings ! What say? (02-05-2024)
Happy to connect. Glad that Shubham started the thread. Have been thinking on this since long.
Network is very crucial in investments (have came across this statement various places and occasions).
Let’s be that network and help each other to be one of the positive rationale in understanding companies and businesses.
Sona Comstar BLW – Direct EV Play (02-05-2024)
Waiting for the transcript to come (don’t have the patience to go through the recording). Technically its at an important juncture nearing 200 daily EMA.
I think the downside risk is not too much (I may be wrong which I often am) but the upside at this level will be time consuming – so an opportunity cost where on the other end broader market is doing well.
Disc: No position. In a dilemma whether to start building core position or wait for it to setup technically.
Sona Comstar BLW – Direct EV Play (02-05-2024)
As everyone knows the fact that valuation is high and still FII’s own 33% and DII’s own 29% (both highest in recent times) with retail only with 8.5%. This shows that everyone is positive and waiting for the price to expand. Looks like it’ll be range of 585-700 for some time.
Disc – Invested and ready to hold for many years to come.
5paisa – Aggressively Growing Discount Broker (02-05-2024)
with many important red flags what is your latest stand?
Gurugram Valuepickr (02-05-2024)
I have create a WhatsApp group to co-ordinate: WhatsApp ಗ್ರೂಪ್ ಆಹ್ವಾನ
Sona Comstar BLW – Direct EV Play (02-05-2024)
I believe PEG is 2.75 if you consider the valuation at consolidated basis. Nonetheless it is still on the higher side. Assuming the growth momentum of 25% for the next 5-6years (quite possible) the high valuation is ok.
Sona BLW has also setup a merger and acquisition committee, some news could be expected in months/years to come.
Not to mention, the management ethos is what I really like about this company. Maybe I will not make quick gains in this counter but i can comfortably park my investment here for a excellent long term wealth creation. Company should compound at of 20-25% for the next 5-7 years easily, considering the earning visibility.
Embassy REIT: Is this “Blackstone” promoted REIT is real diamond? (02-05-2024)
If that’s the case, then please explain why people buy homes that don’t yield even 3% rental yield? And here we are talking about entire India, where everyone buys home/flat, why can’t everyone live on rent forever?
Now, compare it with REIT that’s offers yield comparable to fixed income instrument (~7%), in properties that are hard to replicate (grade one commercial offices) and offers protection from inflation with rising rentals over time.
Yes, agree, the yields are almost flat since last 5 years, but that’ss due to big blows this industry has suffered, which include :
- COVID, which reduced the demand by half due to Work from Home culture
- Interest rates rise in last couple of years.
I think past is not the mirror of future for REIT’s, time will tell if this turns out to be pragmatic or foolish statement.
Disclosure – Invested and Biased, may turn blind
Gurugram Valuepickr (02-05-2024)
Interested let us know next steps
AA – Abhishek’s Attic (place to store stuff to clear my head)! (02-05-2024)
Sir You Forgot Idea Forge the Market leader ?
Even Solar Industries is also in this although not sure about their sales