To answer your first question, it depends. It depends on the type of patients a hospital is catering to. I case of Yatharth, they have a lot of govt. and scheme patients which is why if you see even after so high revenues and profits and margins, the cashflows are not impressive. This is because they have a lot of receivables from their scheme patients. As correctly pointed out by @Worldlywiseinvestors in a recent videos, earnings might be there but quality of earnings is more important.
On reserves, I guess distributing the cashflows at this stage might not be a good decision. They need to grow, invest in newer hospitals.
Disclosure.- Not invested…
Posts in category Value Pickr
Yatharth Hospital & Trauma Care Services Limited (11-06-2024)
Yatharth Hospital & Trauma Care Services Limited (11-06-2024)
To answer your first question, it depends. It depends on the type of patients a hospital is catering to. I case of Yatharth, they have a lot of govt. and scheme patients which is why if you see even after so high revenues and profits and margins, the cashflows are not impressive. This is because they have a lot of receivables from their scheme patients. As correctly pointed out by @Worldlywiseinvestors in a recent videos, earnings might be there but quality of earnings is more important.
On reserves, I guess distributing the cashflows at this stage might not be a good decision. They need to grow, invest in newer hospitals.
Disclosure.- Not invested…
Yatharth Hospital & Trauma Care Services Limited (11-06-2024)
(post deleted by author)
Yatharth Hospital & Trauma Care Services Limited (11-06-2024)
(post deleted by author)
Tinna rubber – recycling a rubbery growth path (11-06-2024)
I think honorable minister Nitin Gadkari back as minister for road transport and highways is a big boon for this company.
Discl: Invested and biased.
Tinna rubber – recycling a rubbery growth path (11-06-2024)
I think honorable minister Nitin Gadkari back as minister for road transport and highways is a big boon for this company.
Discl: Invested and biased.
KEI Industries Ltd – A consistent performer over the last decade (11-06-2024)
I fail to understand what justifies a PE of ~70 for a company giving a sales guidance of 16-17% (Optimistic case ~20%) and similar PAT growth. I really like how the company has grown over the last 5 years and management attitude. But can anyone provide guidance on exit framework strategies here. All my reading says we should never sell a winner, but what if the PE is off the charts and any, even slightly, disappointing result can cause a meaningful correction in future. Looking for guidance here.
Disc. Invested since a long time