Pls can you share the snapshot of this for easy reference… I believe factories should be major part of networth.
Posts in category Value Pickr
Zomato – Should you order? (27-01-2024)
Yes Amit, that is correct.
- For credit cards, it could tie up with a bank to issue co-branded credit cards.
- For BNPL / micro credit / loans to partners – it already had set up an NBFC called Zomato Financial Services Limited. Now, I am not aware if all the regulatory approvals to start lending money have been obtained or not. Management commentary on this should help us understand better.
Cannot comment on the PBT increase before we see what kind of traction it can actually build using the PA license.
Praveg Ltd: Play on Indian Tourism Industry! (27-01-2024)
Good detailed coverage
CMS Info Systems Ltd (27-01-2024)
CMS publishes their CMS cash index report each year.
- Cash is still king and growing.
- Cash withdrawal through UPI is also coming up across ATMs.
- Fun fact, cash withdrawal was highest in Karnataka in 2023, which is so highly unlikely given Bangalore being its capital.
- My native is a town, although there are QR available in shops, but I can see people still don’t use it as such. People still rely mostly on cash. I have done this scuttlebutt in many such shops in my town.
- I am quite convinced, cash isn’t going anywhere , atleast next 5 years we are good.
Disc: Totally biased, no recommendations, holding in my top 10.
Zomato – Should you order? (27-01-2024)
I believe if they use the PA on all of their platforms, the PBT can increase by 50 bps to 100 bps. Credit card can’t be issued by PAs, you have to tie-up with a Bank or yourself have a banking license to issue credit cards in India, NBFCs can’t issue credit cards.
The same is with BNPL you have to tie-up with a bank or NBFC to do it.
Sona Comstar BLW – Direct EV Play (27-01-2024)
As per concall and Media interviews of management revenues in FY25 & FY26 could shoot-up significantly as more number of products are coming under serial production.
I have tracked few product names of Serial production starting in Q4 & H2FY24 order value is ~5000 Cr
CMS Info Systems Ltd (27-01-2024)
I think that the banks will not have to refill the ATMs as frequently if cash withdrawn declines. Banks shouldn’t really reduce the cash they put in an ATM. Also, the value of ATMs to a bank will decline if their end customers aren’t using them as often.
Their managed services are also centered around ATMs. I am not doubting growth for coming 1 or 2 years as they have yet to gain the market share of ATMs under their surveillance.
The low valuations of this company are possibly due to low terminal value.
disc: Not invested, yet.
Sandeep Kamath Portfolio | Momentum Investing (27-01-2024)
I did something similar on paper from August-2023 to till date by following Nick Radge’s weekend trend trader book, here are the results:
I believe momentum investing is like buying an index fund which is a notch or two riskier than the index fund. So while market rises you will be 10-20% above market and when market falls you’ll be 10-20% below.
Also there’s UTI Nifty200 Momentum 30 Index Fund which does momentum investing in Nifty 200 stocks.
Rudra’s PF and Information attic (27-01-2024)
Excellent Interview of Banking Veteran K V Kamath who now heads Jio Financial at 77. Three things will determine the #rightToWin for Financial sector in the next decade (a) Convenience for customers (b) better use of technology and (c) seamless execution
Veteran KV Kamath On Way Forward For Indian Banks In Exclusive Conversation With Nikunj Dalmia