just saw your old portfolio if you hadn’t asked then you would have amazing returns, regretting it a bit?
Posts in category Value Pickr
Hitesh portfolio (29-01-2024)
I had Som distilleries but exited once I felt that next couple of years valuations were getting captured in the valuations. Some other reasons for exits were frothy overstretched moves on charts, frequent appearance of management on TV, too many announcements related to their business ( and stock price not responding to them inspite of them being positive in nature) . I exited somewhere around 300-310 and stock price went much higher than that, but I was okay with that kind of move as I already had made my returns satisfactorily within a short period of time.
And than came the IT raids. Which proved to be the final nail in the coffin. The uptrend was halted/broken… Usually once this happens it undergoes prolonged consolidation, where there may or may not be price correction, but time correction takes a long long time. Some people are okay bearing this kind of pain, others are not. You can define which kind of person you are and take an appropriate call.
Macpower CNC Machines: Manufacturing a Strong Growth? (29-01-2024)
https://nsearchives.nseindia.com/corporate/MACPOWER_29012024133306_InvestorPresentationforQ3FY24.pdf
The company continues to display good results. What makes me optimistic is the company’s focus on premiumisation and debt-free status
DCX Systems Ltd (29-01-2024)
@Akshada_Deo nice write up, thank you. Some questions for you.
- Your analysis did not include any competitors. Did you study competitors during your research? If yes, can you list them and also your findings?
- What made you research the company? I’m assuming you are interested in DCX ard/or the segment, hence you looked into it.
- What is the reason you haven’t yet invested? Is there an order flow, revenue number, or other trigger that you are awaiting – and if yes, what is it?
Thank you.
Invested with 50% allocation, will add 25% + 25% in two tranches, basis fund availability. 3-5yr horizon.
Dreamfolks services limited( DFS) (29-01-2024)
Icici bank has revised the spend criteria for several coral and similar cards to 35k spend per quarter to be eligible for 1 lounge visit in next. The coral card is an entry level card and mostly free for all salary account holders. This is effective April 1 2024
Migrating out of Zerodha (29-01-2024)
Its not really about brokers allowing or disallowing OTM options. The restrictions are as per SEBI rules as in limits are set at each broker level for a share of total OI on those contracts.
As of today, there is a 15% limit set at broker level for each contract. Zerodha by being the largest broker ( by volumes in F&O space ) is usually breaching those levels quite regularly.
Yes, the workaround is to move to a different broker but then you’ll run into the same issue if volumes grow at that broker.
Migrating out of Zerodha (29-01-2024)
Found this today – shocking → https://x.com/Jayraj29681352/status/1751826468576047298?s=20
Has anyone successfully migrated out of Zerodha?
Lt foods (daawat) (29-01-2024)
This has been a general trend for dawaat
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Their Sept Dec results are always at par from last 3 years.
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Although this time they are able to keep their margins same and overall it has increased.
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Their ROCE has also increased over the years.
Disc: Invested, my views may be biased.
Dreamfolks services limited( DFS) (29-01-2024)
Could you provide more insights from your conversation coz if avg lounge cost per person is around Rs1000, I do not see card companies giving it as freebie, as to recoup this amount on transaction pf lets say 60,000 and MDR around 1.5%, plus lounge facility is a small portion of the benefits offered to CCs, also with very few customers revolving credit card balance interest income will reduce and then banks have to focus on their overall product costs and devalue their cards.
If we look at SBI cards I think in its concall its income has dropped due to lesser revolvers, so product managers will have to cut costs.