In one or 5 yrs investors will come back to china. But the problem is whether there is certainty that there won’t be any restrictions from India or china(enemy state)?
There is full possibility of restrictions considering the ban on Chinese apps in the past. So your returns could literally go to zero. Please feel free to counter.
Posts in category Value Pickr
Is China investible? (21-02-2024)
Keltech Energies (21-02-2024)
Hi guys, I recently analyzed a very interesting company , Keltech Energies
Into manufacturing of explosives and perlites
Cmp : 2803
market cap : 280 cr
This yearly profit could be around 20 cr and trading at a pe of just 14 where peers are quoting above 50
company is having recurring contracts with psus , also doubled down on revenues in last two years. Now even its peer solar indusries also having a degrowth and still quoting pe of above 60.
This year keltech has expanded pat margin. Seems very reasonably priced at current price.Keltech energies is participating in auctions with coal india. Even though it will have good competition, its worth to track this.
Any idea why is it still trading at such low pe ? we need to track this.
Also in the half yearly we can see this redicing debt and increasing reserves
3B Blackbio DX Ltd (21-02-2024)
Healthcare sector commands a median PE of 40 or above. 3BBDx has not yet scaled that number. May be due to the lack of discovery by retailers.
Hang seng tech index etf (21-02-2024)
Hey there, welcome to VP!
we already have a discussion underway regarding this topic, please refer below thread.
Narayana Hrudayalaya Ltd (21-02-2024)
Good observation ,
Hang seng tech index etf (21-02-2024)
Hello guys I am new to valuepickr. Been an investor for last 5 years. In current environment I see very few pockets to invest. So I looked abroad. “Hang seng tech index” attracted me. At such historical low valuation I wanted to invest in mirae hang seng tech fund. I already did such an investment in nyfang+ during last year(good returns).
But coming to china I have few apprehensions:
- Enemy state – possibility of restrictions from our govt in future.
- chinese restrictions on foreign investments – which they are known for.
I see very good upside but the probability of investments becoming zero is also high. What do you people think. Any opposing views are welcome.
Sanghvi Movers (21-02-2024)
They received 166cr EPC order, to be executed over 8 quarters, average of 20cr per quarter. Not sure of margins they’ll get there. It may need some investments, but even at 25% net margins, this one EPC order adds 4cr/qtr 16 cr/yr PAT. Equivalent of 200cr capex. Also, there are some articles that highlight that good quality EPC players is the bottleneck in wind capacity growth. So, growing EPC order book is the missing kicker. My guess is, market is also betting on EPC growth.
Narayana Hrudayalaya Ltd (21-02-2024)
It is true that they are not aggressive. But 20% growth seems pretty good here. Also if you look at their EVEBIDTA, it is around 24 while for Max, it is close to 50.
I do not find the stock expensive.Though they are conservative in guidance, I think they should do good in long term.
Sanghvi Movers (21-02-2024)
I see large order book from EPC segment 500 cr crane rental will translate to 1500 cr total order book including 1000 cr EPC