I know people who used to dabble in stocks when most of these value investors were new borns…and most of them also never bought HUL then…why? because it was super expensive even then…
Not saying that it will repeat what it has done as we dont know how much growth is possible ahead in business but just wanted to convey that quality is expensive is not new.
Hitesh Bhai (@hitesh2710): Any thoughts on Trent? From a fundamental aspect, I have always stayed away from this name. However, continuous price strength on the chart whispers a big gap in my belief about this business. Hence, looking for thoughts of a better and far thinking mind. TIA.
Good evening everyone. Can anyone please explain the concept of T2T category stocks?
Come to Bangalore, its so common here. ICICI Bank has a bigger one.
Sales team / Field force of 900 is a large team.
In Indian Pharma Industry, Average Yield per month is around ₹5Lakh => 60 Lakh per Year => potential of annual sales of 540cr.
Mr. Manish Gupta has ability to improve the capabilities of his team, but since last 2-3 quarters, company is facing challenges in top 2 brands for which they increased the capacity (field force).
Therefore average capacity utilisation (of sales team) can generate more than 2xTTM sales. PAT would be much higher in that case.
New launches (as planned in Q4FY24) may improve the yield of sales team.
The Intelligent Investor’s Mistakes: Warren Buffett
38 Buffett’s Investment Stories, Gain Wisdom, Master Risk, and Maximize Profits to Build Enduring Wealth
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Part-B: Failed to Capitalize in 2008 Crash
2008 US market scenario was comparable to the 1929 depression. This was the time the market was giving exceptional opportunities to invest. Buffett’s inappropriate capital allocation cost more to Berkshire.
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These stories help an investor to get exposure to different situations where mistakes are possible. Also, these companies are from various industries and operate in the global market.
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They have announced their results date for the year ended a month earlier than all the time they have done before. 26 Apr 24 it is. Last year it was on 29th May 23, and before that 27th May 22.
The value investors have been telling this since 2017 and not for decades. They are right. Since then for 6 years, CAGR has been 6%. HUL need to continue to underperform for atleast 2 years in this price so as to reach 40 PE which is the right entry point to makes 12% CAGR in the next decade or stock need to correct another 20% for a value investor to buy in this year.
No fireworks, profit slightly below expectations. Don’t think markets will be distributing sweets unless the management has a palatable explanation for the floating provision it has made.
c519bb2e-9c54-4d27-a1eb-dc2dd9c09be6 (1).pdf (901.5 KB)
OM, Good Analysis. Have been invested in GAIL from far lower levels and some months now, I understand the company in detail. Actually growth propects here will be the Piped Natural Gas scheme if Modi 3.0 comes to power. You will see transmission volumes and import volumes skyrocket.
Howver this was more about Green Hydrogen or derivates calculations. Not about Gail. Here I feel we are ahead of the curve. There will be smarter options than investing in large chemical/ power companies with small Green Hydrogen business.