Would it catup into defense explosives like solar industries?
Posts in category Value Pickr
Cineline India – Picture abhi baaki hai (23-02-2024)
Hotel sale is main trigger. After that money comes in their financial position will be good to expand with more screens.
Recommended and invested since 117
Mahindra & Mahindra Ltd. – a federation! (23-02-2024)
There is a huge gap between M&M and JLR prices. Reduced duty won’t impact this gap considerably. Different market segments altogether.
Mahindra & Mahindra Ltd. – a federation! (23-02-2024)
The UK FTA trade agreement once signed will make luxury car import duty reduced in India.
Is this risk already baked in the price for M&M? Maruti ideally should not be affected much given that they are still majorly a people’s car producer. Tata Motors may infact benefit since they can import their JLRs.
But the reduction of import duty is expected to be gradual over 5-10 years plus there are some quota talks aswell… India’s carmakers back zero duty on limited British imports under trade deal: sources – The Economic Times
IndMoney and Federal Bank Savings Account (23-02-2024)
Hi
I am looking to invest in the US stocks using IndMoney. They are asking for a savings account in Federal Bank. Does anyone have previous experience using this bank and what is the minimum account balance requirements for this bank? Any advantages of having a savings account with this Bank?
Lancer Containers (23-02-2024)
Anyone planning to attend their conference call next week?
Forensics and the art of triangulation (23-02-2024)
Is there a prior art of siphoning money from the public listed company to promoter owned entity via join venture where one half is a private entity and brings nothing to the public listed business?
This sounds like a easy way to take off the profits without committing any “fraud”.
Case in point – Lancer Containers – #48 by Nimit
Lancer Containers (23-02-2024)
As far as I can see, the ARGO ANCHOR SHIPPING JV is takes 49% of the profits out of freight business without requiring the other part of the JV to bring anything on to the table. The other half of the JV is with the son of a KMP.
The other JV with LOTUS CONTAINER SHIPPING SERVICES again takes away 49% of the PAT from the Vessel operations with no transparency regarding what, if anything, Lotus Shipping brings to the table.
The company has done well and I wish they continue to do well in the future but stripping away 50% of the profits for free is a big red flag for me.
There are more opportunities available in the market.
NCC: Extremely undervalued (23-02-2024)
The market seems to be clearly rerating NCC here. 15 year high broken today. Strong order book, low debt, great execution and 2-3 year revenue visibility. See 350 on the cards soon
Buy Unlisted Shares (23-02-2024)
Thanks for clarifying. Do you know if its NRO Pins or NRO non pins?