Which is it? Not mentioning name of company makes the whole exercise and message futile…
Posts in category Value Pickr
Agro Tech Foods – A small cap MNC foods FMCG (29-02-2024)
Latest Update:
- Open Offer for 26% at Rs.578
- Existing Promoter Company is getting bought out by PE firm. The aggregate price paid for holding company comes out to Rs.515/share of Agrotech
- In Open Offer document they say – “The Equity Shares of the Target Company are not “frequently traded” within the provisions of Regulation 2(1)(j) of the SEBI (SAST) Regulations”.
Overall not good for non promoter, since there is no favorable exit price. Is the price incorrect? Maybe experts can weigh in on this.
Open offers take time to complete, and think this one might have some twists and turns 
Link – Open Offer Announcement
Agro Tech Foods – A small cap MNC foods FMCG (29-02-2024)
Latest Update:
- Open Offer for 26% at Rs.578
- Existing Promoter Company is getting bought out by PE firm. The aggregate price paid for holding company comes out to Rs.515/share of Agrotech
- In Open Offer document they say – “The Equity Shares of the Target Company are not “frequently traded” within the provisions of Regulation 2(1)(j) of the SEBI (SAST) Regulations”.
Overall not good for non promoter, since there is no favorable exit price. Is the price incorrect? Maybe experts can weigh in on this.
Open offers take time to complete, and think this one might have some twists and turns
Link – Open Offer Announcement
How to calculate roic from annual report? (29-02-2024)
Invested capital is simply Fixed assets + Working capital.
The formula you wrote is ROCE (return on capital employed)
When you take Debt + Equity the problem is alot of non core assets are also a part of this calculation. So for example take Bajaj Auto here if you see ROCE you will not understand the true return ratio of the business as alot of money is invested in mutual funds. In such businesses you see ROIC.
Which companies are minority investor friendly? (29-02-2024)
So here there can be multiple ways and instances where companies have shortchanged minorities. It can be by selling a company’s subsidiary to the promoter at a dirt cheap valuation or buying a promoter-owned entity at euphoric valuations. Indian promoters are famous for siphoning cash. Recently came across a company, where the promoter of the listed Indian company lent his friend an amount of 5 crores which was an interest-free debt. First of all, one should question why has this money been given out interest-free because this money also belongs to shareholders. Finally, after 2 years this loan gets written off and this is the silent looting of shareholder wealth.So as an investor, the first job when you come across any company is to check whether the company is minority friendly or not.
Companies with 20%+ growth guidance for next few years (29-02-2024)
More appropriate to check PEG ratio. It’s a better metric than P/E in isolation.
DK Enterprises Global – Packaging Company in Chandigarh (29-02-2024)
@preetkaran did you able to get more information about the company? fundamental looks great for investment
Companies with 20%+ growth guidance for next few years (29-02-2024)
which have valuation comfort acc to you?
Why are there so many SME IPO’s in September? (29-02-2024)
This trend of SME IPOs getting oversubscribed is still going on and a lot of new investors are getting attracted to it. It seems very scary in a way. A company that came to raise 14crs has got about 350crs another company which had an ask of 14crs has garnered 640crs. There are a lot more SME IPOs upcoming this fiscal year as well.
There are a lot of people pooling money to invest in these IPOs and trying their luck on listing gains.