Hello All,
Anybody from mysore? So that we can build investors community and meet offline to discuss on stock ideas /analysis ?
Regards
Manjunath C A
Posts in category Value Pickr
Valuepickr mysore (02-05-2024)
Som Distilleries and Breweries (02-05-2024)
In general, Mr. Sethi sounded defensive on the call. The tax question was the first straw. When asked about the new HUL hire and their plans, he didn’t answer and instead gave some generic “very capable person” answers. When asked about specific marketing strategies, he didn’t answer so the investor defaulted to the distribution side.
Folks who’ve been following the company for a while – have the promoters given a reason as to why they aren’t on these calls?
Som Distilleries and Breweries (02-05-2024)
The whole concall was around 34-35 mins. Their defence was not right that its taking long. They have to clarify the question asked by investor. The whole management approach looks very bad towards shareholders. They have also not been shareholder friendly in recent take over subsidiary.
Ador Welding Ltd (02-05-2024)
@Sandipn are they doing concall at 3PM? Where can we hear?
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (02-05-2024)
RBI’s press release mentions that the action was taken due to lack of backend systems in place. It also specifically mentions outages i.e. lack of switching to backup as the main reason for action.
Their customer interface on their apps might be good but RBI rap is for their lack of necessary systems and infrastructure. Banks do prioritize quarterly profits over adequate infrastructure
Disc: Hold positions
Amarjothi spinning mills ltd the value added colour melange yarn (02-05-2024)
Recently promoter bought some shares
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (02-05-2024)
Hi. Can you simplify this a bit more? My opinion is that they are focusing on clientele which wants captive renewable power for their manufacturing operations. That is why they are able to increase volumes even though they are primarily selling small capacity transformers. Would you agree to this or can you shed more light on this? I wrote about this in more detail in post 87 on this thread. An excerpt is below:
“Polyplex Corporation “ Are Good Days Ahead? (02-05-2024)
If we see the balance sheet, the cash has always been more than the debt…so we can say that its has been net debt free. From the cash flow we see that except for 2013 and 2014…the company has generated free cash flow.
For promoters, dividends is a way to take home some money from their business. Not saying whether it is right or wrong, prudent or not, but thats the reality. The company historically has not generated any great RoCE as such.