Seems they are just making offer as the same was earlier announced to happen on 20th November. Anyways, seems its a formality only as no one will offer shares.
Posts in category Value Pickr
Glenmark Life Sciences (07-02-2024)
Received the mail intimation about the open offer. Wondering why would anyone tender their shares @ 631 when the CMP is 884 today
Zen technologies – A micro cap in the defense space! (07-02-2024)
So according to company annual report for FY 22-23 page 26. They have applied for 130 patents and 50 have been granted. Since granting of patent takes time and their Anti-drone business is new there is a possibility that the patents for Anti-drone systems may be in application stage.
As per the search by @vikas_sinha 89 patents or patent applications are mentioned on the WIPO website. We will have to analyse those for Anti-drone systems and find out 41 missing patents or patent applications.
Endurance Technologies – Quality focussed Auto component manufacturer (07-02-2024)
Is it good or bad example of corporate governance?
Som Distilleries and Breweries (07-02-2024)
Not saying you are right/wrong…just brainstorming…
Let’s assume the management isn’t reliable (I partially agree too) as they have already had a visit to the jail in 2020 but this isn’t something new right? If so, why did the stock rally non-stop from March 22 (Rs.40) to Oct 23 (Rs.390)? Let’s say the IT raid played a speed breaker but in the end, nothing wrong was found. I think the continuous fall in stock prices is due to retail funds moving toward hot sectors like railways, solar, etc… the promoter is buying (let aside the warrant) maybe he sees something that we aren’t seeing.
Megamind portfolio (07-02-2024)
Adding idea forge at 770
*Strong engineering and design capabilities
*Drone industry
*Healthy market share
*Low debt
Nestle India – FMCG Play (07-02-2024)
Noticed these health products by Nestle recently.
Selling on Amazon
They also have a dedicated wesite
They are trying to get into OTC space of pharma companies. Good move considering growth opportunities
Centrum Capital (07-02-2024)
This news about Unity Small Finance Bank, a subsidiary of Centrum is a hugely positive development. The aquisition of PMC bank which was considered a negative is now turning out to be otherwise. Given the background of the promoter JB with extensive senior level positions in top foreign banks, this co can be a force to recon with