Isn’t that a big positive? Why will there be an overhang in price?
Posts in category Value Pickr
Dhanuka agritech (28-03-2024)
Hi Ranvir,
Any clues on why Dhanuka has not been hit as hard as other Agri chem and Crop protection players.
Basically who are the competitors and whats the edge in the script.
Have never looked at this space in any type of detail before.
Ujjivan Financial – Small Finance Bank (28-03-2024)
Coming to the valuation.
Current Reserves and surplus should is around ~4950 cr and the Market Cap is 8700 Cr. So, trading at ~1.75x P/B. And probably trading at 1.4X FY25 P/B.
This seems decently valued.
One important thing to not is that, the bank didn’t have to creating provisons during last few quarters as they had already provided more than required during Covid times. But going forward the bank will ho back to normal provisons and the profits won’t be growing as fast.
At peak it was trading close to 3x P/B. It may reach that peak valuation of the whole banking sector does well. If not, we can’t expect Ujjivan to trade at 3x P/B while HDFCBANK, Axis, ICICI IDFC trades at 1.5x to 2.5x P/B
Just sharing my opinion. Not a reco. No position in any banks at the moment
Ujjivan Financial – Small Finance Bank (28-03-2024)
It is in Order Reserved status from last 1 months.
Lazycap’s Portfolio – Feedback (28-03-2024)
Hi
Lux I sold out as it did not make much difference in portfolio as of now, it was less than 1% position. I added it initially with same thesis of cotton price reversion leading to better margins thus price, ignoring the promoter family issues and governance. Did not want to add currently to it as I am not comfortable with increasing position size, Zee had corp gov issues as well so sold out. Might look at both if dropping lower but not sure really
I have not looked at Sharda as I was looking at Largecap firms in a sense. Yes Shardacrop does seem better now that I looked at numbers, but I already hold Heranba from smallcap. I am thinking now if I should replace Heranba with Shardacrop given corp gov redflags with Heranba. UPL over Shardacrop because it’s Largecap and I am comfortable building big position even upto 10% if opportunity arises, I do not want to do that with Shardacrop. As on debt, yes it’s pretty high and can be a double edged sword only time will reveal. With interest rate cuts around some relief at that end, also Valuation wise UPL is better than Sharda I feel being a Largecap
I am still learning, been in markets only from 2 odd years. Long way to go, let me know your/others views on above for any disagreements
SRF Limited (28-03-2024)
b2124d58-7b79-4012-8639-936554b95866.pdf (bseindia.com)
This is to inform that KAMA Holdings Limited (“Company”) has sold 675000 of equity shares capital of SRF Limited (“SRF”) which is its subsidiary company. Consequently, the shareholding of the Company in SRF Ltd. has reduced to 50.2556%
worth 160+ Cr
JTL Industries – Fast Grower at an inflexion point (28-03-2024)
Promoter bought 0.17% on 3/18/2024
Portfolio Stratgies : How to create a strong portfolio of stocks and monitor it (28-03-2024)
To create a strong portfolio you should pick some high-return stocks. These stocks will help you to build your portfolio more strongly. The Pharma sector and IT sector are on a boom nowadays. For example, you can add Tata Motors and if you are searching to develop a secure trading app then we are here to help you. Octal IT Solution is a top-rated stock trading app development company that helps you to develop your robust trading software. For more information, you can contact us.
Promising Micro Cap and Small Cap Companies- Subex Ltd (28-03-2024)
Subex Ltd. – Possible Turnaround? – Stock Opportunities – ValuePickr Forum
We have existing thread on Subex. Move the content there as this thread will be deleted in a day.