Posts in category Value Pickr
National Peroxide (08-02-2024)
Hi, Any one have any update on listing of the demerged entity.
IRFC – A Zero NPA NBFC (08-02-2024)
OFS in PSU’s to meet Divestment target 2023-24- there are many possible candidates during Feb- March 2023-24 as listed in the article – IRFC could be one of them- for the Govt , it is mouth watering valuation
For the current fiscal year 2023-24, the Union Budget has scaled down the disinvestment revenue target in the revised estimates to Rs 30,000 crore from Rs 51,000 crore.
It has been a good practice on part of the Govt to release this info in advance so that small investors remain alert for trading ,/ buying /selling. i also watched in TV from DIPAM officials some of these names as possible candidates for OFS.
Discl: Exited IRFC long back with profit booking
Mrs Bectors Food Specialities: Can it beat the industry? (08-02-2024)
Numbers for Q3 FY24 are out. QOQ is flattish, YOY is decent.
Coal Gasification with Carbon Capture could be a game changer for India-Shifting Coal from an Energy Commodity to a Chemical Feedstock (08-02-2024)
There are many …few more to the best of my knowledge :
(1) They are diversifying in to CCUS…not only for Thermal power plant , but also for steel and other industries.
(2) renewables like CBG, LBG
OIL Chairman and Managing Director (CMD) Dr Ranjit Rath said that the Central Public Sector Enterprise (CPSE) is looking to collaborate with thermal power, cement and steel plants and petrochemical plants from where carbon can be captured. He said that multiple studies are underway to assess the feasibility and identify gaps in the transportation and monitoring, and storage of captured carbon dioxide and monetising it as a source of revenue.
“We are looking at our depleted fields, abandoned wells and exploring using these fields for storing either carbon or gas”
Coal Gasification with Carbon Capture could be a game changer for India-Shifting Coal from an Energy Commodity to a Chemical Feedstock (08-02-2024)
Om…i’d wish to know if coal gasification could someway has any direct/impact benefits to oil india ? considering its participation in the Projects like India-Bangladesh pipe & Indradhanush pipe.
HBL POWER SYSTEMS: Booting-up for the Race of the Century (08-02-2024)
Recent updates by the company:
Invested from much lower levels and the biggest allocation in the portfolio.
Raymond – The Complete Man (08-02-2024)
They are not “debt free” but “net debt free” (have more cash than the debt)
Please see details from investor presentation
Page 16:
Interest on Group NCD’s issued in Q1FY24 to RCCL for ₹1,700 Cr
This is intra-group NCD and interest outgo will get reversed post demerger (I guess this will boost profits in the next fiscal)
^ Q3FY24 and 9MFY24: Includes interest on lease liability, unamortized transaction cost for external loan prepayment through RCCL NCD proceed
Page 19:
52 week highs and all time highs strategy (08-02-2024)
Chart of Sterling & Wilson Renewable
Crossing all its hurdles. Last hurdle now almost 100 points away. Continuously outperforming and can prove to be great turnaround story. In December, it successfully reduced its debt by successfully raising funds through QIP. Company was underperforming due to heavy debt and which led to default on loan installments last year which affected its order inflow as well. Now in the con-call the management has stated that in Q4 they will be able to catch up the revenue loss in the Q3 and whatever anticipated earlier to be complied with.
Tailwinds are visible in the sector for longer period of time.
Invested in the stock