Thank you for your views. Let’s hope for the best. Yes, the sector is poised for a massive expansion as we move from Thermal etc to renewable. Btw, who are their closest rivals outside China?
Posts in category Value Pickr
Suyog Telematics: Worth catching when its young? (13-04-2024)
Suyog Telematics (STL) has approved to issue warrant on 12th Aug 2023 at price of Rs. 570 (vs CMP of Rs. 1,176)
Post the warrants promoter’s stake will increasing by ~10% from ~47% to ~57%.
What is the purpose of issuing warrants?
STL plans to triple its tower asset base by adding 10,000 small cell towers to the current base of ~4,300 towers over the next two years. Yes, its 10,000 and not a typo ie., 2.3x from the current capacity.
Total money required for the capex is Rs. ~600 Cr. (Rs. ~6 lakh per tower).
This Capex will be divided in two years.
In FY25, the company plan to invest Rs. ~250-300 Cr.
Source of money
The company is expecting Rs. 150-170 Cr through internal accruals in FY24 and FY25. Further, Rs. 60 Cr is infusion by the promoters through warrants.
The additional Capex may be through borrowings or further warrants issuance.
Observation
The allotment of warrants to promoters reflects their confidence in the company’s future prospects and commitment to its growth strategy.
While there is no clear guidance for the second-year capex plan. It is expected that the successful completion of the first year’s Capex will yield adequate cash flow for expansion in the second year.
Source – Bastion research
Suggestion on mutual fund SIP (13-04-2024)
parag parikh is not doing any better in any of its fund category.
Even quant flexi cap is doing better than Parag.
Quant started only in 2018.
I feel last 5 year quant is doing extremely well in all category. Before that we have sbi small cap which is doing not good now., Mirae elss but quant is much better. Axis small cap and AB cap mid cap etc but quant is better in all segment.
Quant vs parag flex cap
Great Eastern Shipping (GE Shipping) – Possible Sleeper? (13-04-2024)
Can someone help me evaluate the intrinsic valuation here of the stock here , the stock is 8.5% percent down from 1045 level in straight sessions , smaller players like Sadhav and SJ logistics are commanding good valuation multiple in the market , Great Eastern’s subsidiary The Greatship Group is a offshore business like Seamac , not if they are not getting the correct valuation for it than shouldn’t they divest it to generate more value for shareholders or maybe a buyback, even the dividends are modest nothing great. What are your expectations from the stock two years down the line ?
Skipper Ltd., (Power and Water) a moat in making? (13-04-2024)
Yes they’ve spoken about it on news and the fact that promotors are openly declaring this goal is in itself an indication that they are doing everything they can to achieve it, and, that maybe they feel they can achieve it and hence are openly declaring it.
I feel Q4 numbers and commentary will give the market a clear picture.
The sector has massively insane tailwinds and the company may be at a crossing the chasm stage.
Only poor execution, poor management and poor decisions can slow their growth. I don’t think order inflow will be a concern. They have to be on top of quality and execution.
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (13-04-2024)
Same as every gambling business (Casino,Sports betting) where the participants involved make way less or loose most of the times while the broker or the institution make loads of money
Frankly speaking its good for angel one and other broking houses those who have large options trading volumes so i dont think they will bring this narrative any how in public
Demergers & Rights Issues – Where to get lists of upcoming demergers (13-04-2024)
Two interesting demergers are found in recent times.
- Quess corp ltd
- ABFRL
Does any one tracking them?
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (13-04-2024)
I had a doubt …so i used chatgpt…i found following.
@visanty
N2(g) + 3H2(g) ⇌ 2NH3(g) >> this reaction is done with catalyst.
After the reaction, whole mix of gases r cooled down, causing the ammonia to condense into a liquid. The unreacted hydrogen and nitrogen gases goes back in process. The liquid ammonia is then separated from any remaining gases and purified.
The form of ammonia> it typically exists in a liquid state at room temperature and pressure, unless stored under specific conditions where it can be maintained as a gas.
In short it says, ammonia can be liquid at room temperature, You might be referring to Pure ammonia which is a colorless gas with a pungent odor ?
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (13-04-2024)
At room temperature, ammonia is a colorless gas with a very pungent odor . This odor is familiar to many people because ammonia is used commonly in cleaning products and smelling salts.