Is the 10% + fall today a reaction to lower-than-expected growth, or is there something more to this fall?
Posts in category Value Pickr
Indus Towers Limited (28-10-2024)
hmm…gt it…
any views on the results, if you have been tracking it fundamentally?
Sudarshan Chemicals – Can it colour our portfolio green? (28-10-2024)
More than 70% of the acquisitions fail. With that as the base rate, the acquisition of Heubach is going to be challenging for Sudarshan. Added to it, the acquisition is going to be funded partly with debt. And more money will be required to be infused into operations of Heubach. All this will add to the challenges and leverage of Sudarshan.
The base business of Sudarshan is also averaging only 14-15% pre-tax ROCE which is not great. It might be the 3rd largest pigment player globally but it doesn’t seem to have high bargaining power with the customers.
And current valuations are nose bleeding. More than 50 PE
A medicore base business, a large acqusition which is more likely to be tough than easy, the prospects of leverage clearly going up. And such high valuations. What am I missing ?
Action construction equipment ltd (28-10-2024)
yeah same here…buying whenever there is opportunity.
Action construction equipment ltd (28-10-2024)
Have been holding on to ACE from lower levels. Planning to buy more in sip mode
SMC -Global Securities Ltd. — Moneywise Long Term (28-10-2024)
How is Mudit Goyal related to SMC Global? I can’t find any link.
Action construction equipment ltd (28-10-2024)
It had a huge retail holding in last few qtrs. They are selling in Panic now due to overall mkt corrections and sentiment. No as such change in company work. Prolonged monsoon this time might weigh on this qtrs result but provdes an opportunity if you are a long term India growth. We need huge Infra to be developed if we are ever to get out of our economic conditions.
Also the stock is little expensive but it’s the Mkt leader in its segment
Syrma SGS an Export Substitution opportunity in EMS sector (28-10-2024)
Handsome set of Q2 numbers. Sales rose by 17% while profits went up 27% YoY. The biggest takeaway is the bump in the profit margins which doubled from 4% to 8% since last quarter. Patience will be rewarded, not sarcasm!
Syrma SGS an Export Substitution opportunity in EMS sector (28-10-2024)
Wonder how a low margin (6% EBIDTA), low ROCE business, declining growth (high growth only last year), low exports command PE of 68 !!
Som Distilleries and Breweries (28-10-2024)
whatever mutual funds/ FIIs have exited in September 2024… it seems it will take a long time for them to come. only retail investors are holding…
as if doubtful governance was not enough… investor calls/ AGMs are extremely poor…
Discl – Following but not invested.