Bad Numbers
Right now chemical industries are in a downtrend let see where it goes
Posts in category Value Pickr
Bhagiradha Chemicals & Industries Ltd – Growing AgroChemical Company (08-02-2024)
IRM Energy – A new kid on the (listed CGD) block (08-02-2024)
With government aligned, sector and private players like IRM can go places
Disc: Doubled my holding to 2% during correction to 510.
Manappuram Finance (08-02-2024)
Valuation point well-taken. An NBFC cannot replace a bank. A bank is a bank for a reason. The value will get unlocked once the micro-finance entity gets demerged. MFL is still undervalued and with price changes perception.
Tata Consumer Products Limited (TATACONSUM) (08-02-2024)
Can someone figure out what the exceptional expenses for the quater.
Mrs Bectors Food Specialities: Can it beat the industry? (08-02-2024)
I feel this is an overreaction, a slight dip in margin is taken too seriously… Margin is still better than their guided range…
Manappuram Finance (08-02-2024)
To take other bets ,Where else you will find company growing at 20% at PE of 8 with high dividend yield with excellent positive cash flow
Gold growth is bumpy some quarters good some quarters flat
Overall in last 5 years growth is around 20%
Quarter on quarter growth even management can’t predict
Overall trend is good in long term
if we find any better valuations elsewhere then such bet can be taken
Here we are getting a chance of rerating to PE15(8-20) with ongoing 15-20% growth
Now moving towards diversified NBFC
Market some how dosent like to give better valuations to this script ,how long these cheap valuations will go ,no one knows
Management :
Ashirwad ipo hoping for positive news
New branches Hoping for positive outcome
Gold loan hoping for 8-10% annual growth
Gold loan some quarters will be flat while some will show growth
Non gold growing well
Agarwal Industrial Corporation Ltd – Profitable Microcap with high growth potential in infrastructure space (08-02-2024)
New vessel acquired. 10 total vessels now with a carrying capacity of over 1L MT.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/b95d9b47-fa63-4a5a-bbb5-f2458fc700c8.pdf
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (08-02-2024)
BAT announced its intention to trim its Stake in ITC from current level of 29% to 25%
Ultramarine & Pigments (08-02-2024)
The pain continues for Ultramarine & Pigments.
Huge dip in EPS
