Maybe expecting better Q4 results. so giving a rally before
Posts in category Value Pickr
Jindal saw – Another beneficiary of India’s growth story (26-03-2024)
Thanks a lot @Mohit_baid . Wanted to know that this is a structural story which it seems so. Was trying to find good low PE stocks and found Jindal Saw in screener. Should be a good starting point to dig deeper. Regards
IDFC First Bank Limited (26-03-2024)
filename (4) (1).pdf (700.9 KB)
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NCLT order…
Shareholder’s and NCD holder’s meeting will take place on 17th of May …things take their own sweet time in India, but it is moving in right direction…
MOLD TEK PACKAGING—dividend plus growth (26-03-2024)
I dont have any knowledge about technical analysis. I just hold on stocks until fundaments are severely impacted.
I dont sell for minor hiccups. I think mold tek has stagnant growth since 3 yrs. That meight be reason for this stock price.However ,i see this as opportunity to add.
As per book 100 baggers, we have to differentiate company’s SHORT TERM EARNING FLUCTUATIONS from LONG TERM EARNING POWER.
I meight be wrong about analysis of stock .As i want to stay invested in stock for 5-10 yrs or more, i always diversify in 15-20 stocks
I know, few stocks will not perform well in future, but 2-3 stocks out of 10 may give multibagger return.
When stock will rise?
Which stock (from my portfolio) will rise?
-I dont know.
So i just hold them and buy whenever they are in consolidation phase or their stock price falls.
Exhicon Events Media Solutions Ltd (26-03-2024)
General Information
- The company was incorporated in 2010
- In December 2022, it went public
About the IPO
- Total IPO size was Rs. 21.12 crores
- Majorly took IPO for working capital gap and acquisition of Exhibition material
About the business:
- Supply large span AC steel structures, octanorm systems, flooring and carpets, modular registration
setup, furniture, and general lighting, sound light and video, branding & signage CCTV and hardware
setup, huge modular stocks of outdoor and indoor event venue construct spread over 5 cities of India. - manages the exhibitions from ‘Concept to Completion’, provides in-house infrastructure for large
graph events to integrated marketing solutions - establish sales offices in new places to establish a presence in new geographies. Established offices
in Singapore, London, Shanghai, and Dubai
Entering new verticals by acquisitions and moving across the value chain
- intend to enter into forward integration by increasing in-house capabilities of stall designing and fabrication and backward integration- by owning a semi-permanent exhibition center.
- This forward-backward integration will benefit by reducing the dependence on third-party service providers, improving the quality of its service and thereby improving exhibitor and visitor experience and satisfaction
FY2023 Annual Report
- Acquisition of 3 strategic businesses into end-to-end business services for Exhibition Exhibitors, Associations, and Organizers in UAE, a Corporate Communication, and stall design and execution firm in India, and a database research firm offering event data services to over 30 countries
- Strategic goals for the upcoming year include strategic business acquisitions, amalgamation of services, and consolidation of Indian and overseas existing businesses into the listed entity.
SERVICES AND PROCESSES
• Venue/Space provider
• Exhibition Organizer
• Stall Designing, Creative & Media Solutions including Media Planning / Buying and implementation
• Printing and Publishing
• Database Analysis
• B2B Website Designing
• Creative web designing
• SEO Services
About the Industry:
- 6,50,000 sq. mtr. Exhibition space currently in India. 2.5 sq. meter planned to be added in India
- In India Exhibition is 0.1% of GDP while worldwide it’s 1-2% of GDP
Market size
2024: Rs. 43409 crores
2029 E: Rs. 64740 crores
-Name of Competitors: Percept, Wizcraft, Wow Events, Pegasus, 70 Event Media Group
SKM Egg Products – thinking out of the shell (26-03-2024)
Recently, a scrutiny assessment was conducted on SKM for income tax. For those who don’t know:
The income tax assessment is a critical procedure conducted by the Income Tax Department to authenticate the details furnished by taxpayers in their tax returns. This assessment is designed to verify the precision and legality of the assertions, deductions, and other particulars provided by taxpayers in their returns.
After the assessment, SKM have been ordered to pay a total sum of Rs 3.5 Cr over disputed additions to taxable income. This is a step in the wrong direction for SKM.
A company has the following options with the assessment:
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Accept the order issued by the Income Tax authority and pay any outstanding taxes or claim a refund.
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If there’s a clerical error, submit a claim for reimbursement under Section 154.
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Submit a revised application to the Commissioner of Income Tax under Section 263/264.
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Appeal the judgment if necessary.
SKM have opted for option 4 to appeal the judgement with “strong facts and legal
propositions in favour of the company “. Good news about this is: Until the appeal is concluded, they don’t have to pay the demanded amount. This could take several months. And if the appeal moves in SKM’s favour, then this will all just go away. Bad news: Hurts investor trust. Might lead to a lot of FUD in the coming days.
SKM Egg Products – thinking out of the shell (26-03-2024)
Looking at the recent quarter results (Dec2023), Drop in profit was mainly due to Change in inventory of finished good. Not the revenue part. It is probably a temporary phenonmenon
eMudhra – building seamless digital and paperless experiences (26-03-2024)
Thanks for sharing this. Indeed helpful. But I was trying to understand the sudden spike on last Thursday and Friday. These reasons are based on Q3 results that was disclosed a few weeks ago. Hence wondering if there’s something new on this counter.
Anyways, today it is down wiping some of the gains.
NILE Limited-Lead Supplier (26-03-2024)
Thank you so much for the wonderful presentation, can you provide the updated version of this PDF which also include their latest Lithium ion business.
Whirlpool of India (26-03-2024)
Very good morsel of information.