I agree. I wanted to have bets on manufacturing companies as they have strong growth and order book. Will see and remove any ticker if they do not present good quarterly result.
Posts in category Value Pickr
INOX Wind (11-02-2024)
Did anyone attend the earnings call and have any notes to share?
INOX Wind (11-02-2024)
~ order book of 2.6GW with large pipeline (if LOI of adani green is incuded then OB will be 3.1GW)
~ Current Capacity > 2.5GW (Sufficient land bank to install ~5000 MW capacity)
~ Owns 61% in inox green with Portfolio 3.2GW (Targeting to reach 6 GW portfolio by FY26)
Amara Raja Energy & Mobility Limited: Powering Ahead (11-02-2024)
The sense one gets from listening to Amara Raja Management is that they are well aware of the margin, ROE and changing tech landscape challenges in the Li-ion cells segment. However, they have made a modular plan for venturing into the business because lead acid will get replaced incrementally by newer batteries in one form or the other over the next few decades and if they don’t act now, the terminal value of the business will keep declining. However, they are quite cautious about their approach, first setting up a customer qualification plant, then a 2GwH line for 2Ws and then expanding to 7-8 GwH once this stabilizes. They face a difficult, uncertain situation wrt the future of Li-ion technology and viability but I like the way this management is going about it. They aren’t going all in but at the same time they are not failing to act.
Having said that, the economics of Li-ion business are definitely nowhere close to their existing business. But hopefully what they will lose in valuations due to lower ROEs, a part of it will get made up via higher terminal valuations. Also, with the 2 sons involved heavily and the promoter apparently giving up politics to focus on the business, investors can hope they will try will try their best to steer the ship as best as it can be steered in such choppy waters. Over the medium and long term, I would trust Amara Raja to execute better than its Indian peers in this area. I may be biased.
Eco Recycling Limited (Ecoreco (11-02-2024)
Remind me after 2 days
Jitendra portfolio review (11-02-2024)
Too much of manufacturing related stocks. Also these stocks heavily discussed in social media and stock related forums in the recent times(Story narration? who knows).
Few days of impending market correction will cause bloodbath in your portfolio. My view is to move some portion into top large cap companies available in low valuation.
Amara Raja Energy & Mobility Limited: Powering Ahead (11-02-2024)
Mostly outdated articles around EVs future. Flex fuel – different sources of powering the vehicle should exist. CNG came into being but has not been able to impact a lot. So tech is ever changing.
Hydrogen fuel is upcoming and should find a lot of space. Given the underlying elements or starting elements are mostly commodities and are more or less unevenly spread. So may be europe and its stakeholders find oppurtunities in Hydrogen but Amara seems confident that they can pivot and are not looking to be the first one to get slaughtered. Being the 2nd one is also fine as TAM would be good for every one.
Eco Recycling Limited (Ecoreco (11-02-2024)
Hi can you share on Google drive again or on what’s app 9810981541
How to take leverage to go long in market (~2 years)? (11-02-2024)
My idea about leverage is to advantage of opportunities for shorter periods of time, shorter term bets. And as @akash_das has pointed out, if the value of pledged securities go down, there will be a margin call, or the lenders will sell the securities at the prevailing prices.
When market is rising, for trading bets, we can be wary of the rise and if we act fast, we wont lose much, even without stop loss in place. When market is falling, with investing, I cannot know when the up move will start, I may have to wait for months and months, so except for the fact that I had bought something at a lower price, I will have no other solace. With shorter term trades, there is a holding period and a stop loss, so the loss will be as per the plan.
Never thought about buying something for longer term with leverage. An idea to ponder, though.
ASM Technologies – Engineering innovation (11-02-2024)
Fund raisal in ASM Tech.
Out of the total amount of 169 cr , more than 50% is invested by promoter himself.
Rest is arranged by ace investor Mukul Mahavir Agrawal.
Reason for the fund raisal is not clear ,we can assume that this may be used for the capex in semiconductor JV.