Also it would be worthwhile looking at latest valuation report from NAV perspective. If no new assets are added, theoretically NAV is what one can expect to get. One hopes NAV calculation makes realistic assumptions. Typically these reports end up making optimistic assumptions.
Posts in category Value Pickr
KPI Green- Turning Sunshine Into Cashflows (09-06-2024)
Today there was an announcement from the group, where the promoter is being alloted shares of subsidary: bse filing.
I personally am not liking the corporate structure of the company. As pointed out earlier in this thread. Too many related parties and subsidaries.
KPI Green- Turning Sunshine Into Cashflows (09-06-2024)
Today there was an announcement from the group, where the promoter is being alloted shares of subsidary: bse filing.
I personally am not liking the corporate structure of the company. As pointed out earlier in this thread. Too many related parties and subsidaries.
AVG logistics stock (09-06-2024)
So,
As per 101 - When you first adopt Ind As there’s inconsistency in recognising revenue, cost, even leases, financial assets, etc
When you first move from AS to Ind As you have to make sure to give the restrospective changes as on the due date as the same is change in accounting policy.
Co. Had some understatement of 16 crores of PBT due to recognition differnece which they had booked last time the same is missing this time.
As per Ind As 109 FV gain on equity instrument is not opted for one time choice to route through OCI should be routed through PL
FVTPL makes this compulsion.
Hence, if you see the changes and take out the above effect,
Effectively the co. Has grown it’s bottom line by 20.833%
AVG logistics stock (09-06-2024)
So,
As per 101 - When you first adopt Ind As there’s inconsistency in recognising revenue, cost, even leases, financial assets, etc
When you first move from AS to Ind As you have to make sure to give the restrospective changes as on the due date as the same is change in accounting policy.
Co. Had some understatement of 16 crores of PBT due to recognition differnece which they had booked last time the same is missing this time.
As per Ind As 109 FV gain on equity instrument is not opted for one time choice to route through OCI should be routed through PL
FVTPL makes this compulsion.
Hence, if you see the changes and take out the above effect,
Effectively the co. Has grown it’s bottom line by 20.833%
KPI Green- Turning Sunshine Into Cashflows (09-06-2024)
I too had the same question.
According to this interview: it looks like the billing timeline for larger clients is different, leading to inventory days increasing.
However, I see a significant increase in the receivables as well:
Not sure why this is the case and is my concern as well.
KPI Green- Turning Sunshine Into Cashflows (09-06-2024)
I too had the same question.
According to this interview: it looks like the billing timeline for larger clients is different, leading to inventory days increasing.
However, I see a significant increase in the receivables as well:
Not sure why this is the case and is my concern as well.
PGINVIT impairment of investments in subsidiaries and book value (09-06-2024)
In this calculation made in dhruva.substack.com, it is assumed that DPU per year is Rs12 till 2026 and Rs13 between 2027 and 2031 and increases so on till 2044 upto Rs17.
But reality is that the revenue and hence DPU decreases due to the way the tariff was bid and agreed upon initially. Even if it is very small decrease, that is sufficient to alter the overall CAGR.
Management confirmation on DPU decrease in future
I have huge investment in PGINvit, assuming that it will continue to manage 2.5-3.5% more than FD returns (10-11% pre-tax yield) for the next 25 years (Assuming, yield can decrease only due to interest rate/inflation going down) but now looking at this management comment, i think i should review the weightage in this stock especially when we do not see any fresh asset acquisition and we do not know how much the DPU is going to dip due to this tariff change not in line with inflation in that given year.
Any one has any idea about this dip in DPU due to tariff bid factor?
Gulshan Polyols(GPL) – Business by FMCG and Valuation by Commodity (09-06-2024)
New to the story here. I had one query regarding the capex, if anyone has insights please do correct me.
GPL has almost 13-14% dep rate (on its Fixed Assets) historically. According to what I have read, the MP capacity has come online which had a capex of 300cr. So this should create an additional depreciation of atleast 300X13-14% = 40cr.
I don’t really see this increase in any of the reported results. The depreciation line item should have jumped. So has the capacity not come online yet or is it that they have changed the dep method to unit production or what is happening.
Thank you so much.
E2E Networks Ltd – Listed small Cloud computing player (09-06-2024)
Zea Cloud is a typical Infrastructure as a Service (IaaS) provider, not an advanced computing platform which E2E is. Their services are so conventional and basic that you can find at least a handful of similar vendors in India offering the same.
In future if they do develop and launch some new offerings then it can be considered