How beautifully explained and appreciate the way you researched and present the holistic picture. Do keep writing!
Posts in category Value Pickr
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (24-01-2024)
Yes. Even others like Indusind bank also do this
Piccadily Agro Industries Ltd (24-01-2024)
It shows a debt of 271 cr whereas on the screener it has Rs 163 cr debt. Seems debt has increased or it is the loan limit and they have not utilized fully.
Red Tape Ltd. – The next fashion giant? (24-01-2024)
Current Q results are definitely good both QoQ and YOY. However one should remember that the growth is mainly coming from shift in Festive sales from Q2 to Q3.
Looking at 9 months YOY would be a better metric. Revenue is up 23% YOY and PAT up 27% YOY.
The growth is decent and the Co is trading just ~50x P/E and so the PEG is ~2x.
Just sharing my thoughts. Not a reco to buy or sell
Deep Value Portfolio (24-01-2024)
Where did you find this data? Request you to share the source.
IREDA: Renewable Energy Powerhouse (24-01-2024)
Booking partial profits is always a good thing to do. Even I was holding since listing and booked around 100 levels, then re-entered few days before earnings.
I agree the major risks you mentioned about PSU, and that is something we definitely have to track.
Still not convinced about credit cycle though. Credit cycle is in early stages for most NBFC, plants are getting setup for Ethanol, Renewable energy etc, and the loans given are for long period. It would take some time for the bad governance to come out, projects by SME to fail (to which IREDA) has loaned money.
Even Gensol Engineering has got loan from IREDA recently, and that again is quite Risky IMO when we have companies like Tata Power in the same space.
I always appreciate someone’s contra views! If not for contra views, there would be herd mentality in VP.
Control Print – Deserves attention? (24-01-2024)
There are 4 key growth drivers apart from the core printer business if they can make any one of these in large scale that’s a huge positive.
- Track and trace as SAAS
- Mark print BV – digital printing will lead to more sales in consumables
- Vshapes packaging as of now they say only pharmaceutical players can afford this due to the cost constraints and they are exploring ways to reduce manufacturing cost. In the lastest concall they said this is a very complex material to manufacture so it’s not easy it will take its own time.
- Exports is on radar of course it will take sometime or years to materialize but the fact that it is on the cards is interesting.
I added more at 941 
IREDA: Renewable Energy Powerhouse (24-01-2024)
Before you would realise the cycle has turned bad and NPAs are going to grow, your majority of the profits would have been wiped off.
Polycab is not an SME and still we saw what transpired there. Corporate governance issues do not happen because of the size of a company.
PSUs’ major risk is governmental control and overnight shift in the policies/ rules/ stance.
Anyway, everyone has their own style of treading along in the market.
Good luck!
Holding IREDA since listing day. Would book partial profits before budget.
SmallCap Hunter : Trying to find the dark horses with triggers (24-01-2024)
have you collected any new information on systango ? because recently i have started tracking that stock