With your analogy, why is relaxo not growing since it caters to the lower end of market and people should be buying it more.
I think it’s just the market conditions which are against consumer durable.
Posts in category Value Pickr
Page industries (02-03-2024)
CL EDUCATE – Less Down side and unlimited upside (02-03-2024)
Yes of course the group of star teachers will help them get more. I think they are this by searching for these people who are entrepreneurs (like to start their center under CL ) vs other internet start-ups who are giving them 1 CR to 3 CR salaries.
Yes now searching for what I call sitting ducks is not easy but if you look around there are options available. We are not mutual funds we need one or two ideas in the year or two years.
Hindustan Aeronautics (HAL)- India’s Largest Defense Company (02-03-2024)
HAL enters into a contract Supply of RD-33 Aero Engines for MiG-29 aircraft, for Rs approx 5,200 crores
Microcap momentum portfolio (02-03-2024)
@LarryWink I rebalance this pf also in weekly basis. I will upload tomorrow the changes for coming Monday.
Anjali Foods – New baker in market (02-03-2024)
Name of the company is misspelled in the title. It should be Anjani and not Anjali Foods. Please correct. Will delete this post after the change
Zen technologies – A micro cap in the defense space! (02-03-2024)
Promoter is very positive and so far, it seems to trend well. The only risk I can think of is the election. If Govt change, then these companies might face a big correction. There is no margin of safety at current level. If we believe their story will pan out, then its a good buy but definitely not a value buy based on where things stand as of now.
City Union Bank (CUB) ~ Conservative Lending Franchise (02-03-2024)
I believe CUB is a good bet. Their Asset quality is the only problem few quarters ago and now that is trending well. System Implementation is going well and they are all set to grow lapn nook in FY25. I expect them to cross 200 levels within FY25.
Zen technologies – A micro cap in the defense space! (02-03-2024)
Key figures & highlights
Secured 15 new patent grads in India (in FY24)
On track to achieve 450cr+ revenue for FY24
Aiming 900cr+ for FY25
EBITDA target of 35%
looking at opportunities to expand inorganically
passed a resolution to raise funds up to 1000cr
Expecting a CAGR growth of 50% for the next three years (FY26 TO FY28) 
Long-term focus has been on achieving leadership in several key areas, including development, both live and virtual wave simulators, leadership position in anti-drone market.
Read full Q3FY24 highlights: https://twitter.com/Bornwinner_VJ/status/1753311517712519502
Coastal Corp. ~2.5x capacity exp. 4x profits? Downcycle a risk (02-03-2024)
Ethanol plant commissioning is dragged to Q1FY25.
The area, where plant is located is belt of maize, RM sourcing may not be the problem and they would have stored enough RM also. This could be the reason to get into the Odisha state also. If this RM case is executed well then we may see good consistent margins from ethanol segment.
Rategain – Fast Growing SaaS Leader (02-03-2024)
Business segments:
- Distribution
- MarTech
- DaaS
Our annual recurring revenue, our ARR has now crossed another significant milestone and now stands at INR1,008.1 crores, growing at an impressive pace of 82% year over year.
Current portfolio: 14 Products
Read Full Q3FY24 concall highlights:https://twitter.com/Bornwinner_VJ/status/1759253917517406418