So are you saying that there are some specific opportunities in the market for which ITC should use this cash instead? Can you give a couple of specific examples?
Posts in category Value Pickr
Corporate Fraud/Misdemeanor – Public Domain – India lessons (29-02-2024)
Thanks @LarryWink,
I just re-checked Seacost stock price.
I first posted in here in 2/12/2023 – price were 2.76
Again I posted on 5/1/2023 – price were 4.29
And CMP is 5.07 with near time high of 6.65
So if you have sailed it you may have doubled your money 
Said so check holdings…
Promoter 0.04 (Wondering why they left something on table)
Public number of share holders increased to 1.56 lakhs from 81 k.
This shows how poorly we (public) invest and it implies need for public education. My small way to give back to forum.
SEBI should dig further in this script. If time permits I would like to write to SEBI, if any resources how to approach sebi – let me know.
Indian terrain—play on consumption (29-02-2024)
Hi. anyone tracking this company. Any update on the discontinuation of boys wear and impact on ops for the company?
Solara Active Pharma Sciences – Pure Play API (29-02-2024)
Q3FY24-
The company expects to get back to historical 20-22% EBITDA run rate by the end of the next financial year, with Q3 being a one-off situation(Pondicherry plant fire incident) and a strong Q4 with INR400 crores of revenues anticipated.
The company is aggressively looking at improving gross margins and EBITDA per KL, network optimization, andOPEX reduction to get back to historical levels, aiming for 20% to 22% EBITDA margin by Q4 2025 with the reset strategy in place
The focus is on balance sheet improvement, and a rights issue has been announced to reduce debt, aiming to double EBITDA from Q4 FY ’24 to the exit run rate in FY ’25
The rights issue approval is up to INR450 crores, primarily intended to reduce bank debt, with the ideal working capital cycle time targeted between 130 to 150 days, and the company plans to use the rights issue proceeds for debt reduction, aiming for a debt-to-EBITDA of under 3, ideally 2.5
The company has diversified its product customer base, especially in ibuprofen post-COVID, to an emerging market play
The company plans to shrink corporate operations between Bangalore and Chennai and close down its Hyderabad operations, with the CFO, Raghavendra Rao, moving on from Solara, and the company in the process of restating the critical role
One-off impact(100CR) details part of disclosures, willing to discuss further; gradual gross margin expansion expected from Q1 of next year.
Investing Basics – Feel free to ask the most basic questions (29-02-2024)
M Profit provides auto update option and also gives XIRR calculation as well
Burger King ~ Whopper of an Opportunity (29-02-2024)
QSR company:
in a country like India
offering value fast food meals + coffee cafes
around 450 stores
available at 5k market cap
looks no brainer
Disclosure: invested
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (29-02-2024)
Technically buyback would increase the share price for some time. Taking into consideration the total number of shares, the uptick would be limited. Also duration of upward price sustenance is subject to market conditions(demand/supply/overall sentiment), often some gains are lost. The subtle message which ITC management team is providing is that they don’t know what to do with the cash generated. So the options are to either give it back to shareholders as dividend or plan for the buy backs.
There are ample opportunities to scout in market for meaningful acquisitions. The value it brings and the sentiment boost will lead to higher demand and hence higher share price valuations. Also note not all acquisitions translate into higher valuations. Some acquisitions will be more valuable than others. It is a cultural practice such large conglomerates should imbibe.
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (29-02-2024)
working capital requirements for broking companies are increasing, MTF as an additional growth opportunity (equity based regulatory requirements) etc
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (29-02-2024)
The amount to be considered is upto 2000 cr .Their cash flow can easily support 410 cr . Its for something else …hope they do not end up making a dilutive acquisition .
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (29-02-2024)
The amount to be considered is upto 2000 cr .Their cash flow can easily support 410 cr . Its for something else …hope they do not end up making a dilutive acquisition .