Mohnish Pabrai’s views on VBL sound little scary, No doubt the serving of 700 per case is next to impossible by 2038 with the kind of Market share and competition Indian Market offers. But at the same time Valuation forecast of $19-25 billion in 2038 when it is already at $ 22 billion is not justified. Any how based on the chart he showed for country wise serving per person, the servings will increase from 95 existing with 7-10% growth. If China at 400 servings at $ 12,500 per capital we should be also at 200 servings at $ 7200 per capital by 2038, which should atleast the take the Market cap of VBL to 2-2.5x of current Mcap.
Posts in category Value Pickr
Godawari Power – Any Trackers? (28-02-2024)
Hi This is from AR,By what means company received cash and cash equivalent how it will be used ?
And also why PAT is too low last year? because of RM cost if yes it will be solved this year
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (28-02-2024)
With significant cash at hand, I believe ITC group should consider couple of inorganic acquisitions and focus on expansions thereby increasing the shareholder value. Buybacks generally are not always great in long run.
ESOPs should be further regulated. Pay the employees at par with the market practices instead of diluting the overall equity. ITC has consistently given away significant ESOPs. Investors would be closely watching
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (28-02-2024)
Though , not able to open the link and read it fully, I guess this appears to be an isolated case of a PSU named IOCL cancelling it’s tender. It is the media which makes a hype – both Good and bad. One can not generalise based upon one or two incidents.
However , the Global tender floated by SECL was already opened and a dozen of Bid- winners have already been announced last month. if you have missed this info , you may like to go through this link
Voldemort’s Portfolio (28-02-2024)
RDSS is about improving the entire distribution efficiency from transformers, Wires and all parts of the grid.
Geekay gets involved in the wire part.
CMS Info Systems Ltd (28-02-2024)
I have a slitghly different view on Zero Promotor holding and Professionals only running the firm. I feel with less skin in the game, during bad times, these professionals will start jumping the ship or go for other greener pastures. Is their enough ESOP to ensure that they fight it out when things are down for the company. Imagine if Paytm has Zero Promotor holding today, will it stand any chance to survive against the regulator onslaught!!
Also we would need to monitor the professionals don’t end up giving too much ESOPs to themselves, diluting the other shareholders…
Is the stake increase of Rajiv Kaul happening through ESOPs or market purchase.
Though in this regards i do appreciate the current ESOP policy of CMS Infosystem; hope it stays this ways…
Rain Industries – An oversold de-leveraging play (28-02-2024)
I think its good time to re enter this stock after recent results and court order
Cineline India – Picture abhi baaki hai (28-02-2024)
IMO, Cineline is on a path, people expecting quick returns will be disappointed. Each quarter you will see them adding a few more screens. Each screen addition will add to an additional top line and new screen additions are funded now by revenue and profit from previous screens. The cycle has started. The only catch is that good(Sorry saleable) content needs to keep hitting the cinemas.