he is closing his India funds due to SEBI rules plus he says India valuations are super hot. he is not able to find value.
Posts in category Value Pickr
Transpek Industry limited (21-01-2024)
Hello investors, what’s the best way to access the list of Transpek’s clients in North America? Since that’s where the bulk of the revenue comes from, before investing I’d like to check the number of clients and ensure: A) there is no consolidation due to large clients, and B) what other potential competitors these NA clients might work with.
I can share my findings with everyone here. Thanks!
IDFC First Bank Limited (21-01-2024)
Okay got it. Then there is something in hold co.
IDFC also has cash on it’s books, that will come into the Bank’s balance sheet.
IDFC First Bank Limited (21-01-2024)
Current ROE is a touch above 10. By 2029, the ceo promises 17-18%. How will the bank grow at 20-22% without diluting. Is the rbi going to bring down the capital requirement so that idfc bank doesn’t dilute?
IDFC First Bank Limited (21-01-2024)
From the merger announcement Press Release extract:
Read the full release here
Merger – IDFC Ltd. and IDFC First Bank
- Can you please provide the source please?
Here’s Guidance 2
No mention that there will be no capital raises.
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If you quote him from the latest conference call, can you please point to when he said that? It wasn’t in the opening remarks, nor did I see it in the google generated transcript of the call.
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If you are generating equity only at the rate of 11% but have an ambition to grow at 20 – 22%, where will the additional equity capital come from?
IDFC First Bank Limited (21-01-2024)
- ” 1. An estimated reduction in share count from the impending merger of IDFC (from 264.64 cr to 248 cr) will make no difference to the conclusion.”
Wait, There should be no dilution at all.
Idfc first bank has total T shares out of which IDFC holds X and rest of the public/FII/DII hold Y
Before merger idfc first share count Total is T = X + Y
After merger same T = X +Y
IDFC First Bank Limited (21-01-2024)
- ” 1. An estimated reduction in share count from the impending merger of IDFC (from 264.64 cr to 248 cr) will make no difference to the conclusion.”
There should be no dilution at all.
Idfc first bank has total T shares out of which IDFC holds X and rest of the public/FII/DII hold Y
Before merger idfc first share count Total is T = X + Y
After merger same T = X +Y
The impact will be on the count of IDFC share, there the holding company share will cease and all shareholders will get ~ 1.55 share of idfc first.
Use of Large Language Models For stock research (21-01-2024)
Like I need to ask my company before sending so need to wait I guess
IDFC First Bank Limited (21-01-2024)
Has anyone done a comparison of IDFC vs. Federal Bank in terms of financials (earnings growth, ROE) and Valuation (P/B). My understanding is that Federal has been consistent in reporting good beat on Earnings and appears cheap/reasonable compared to IDFC.
Also, Federal has been very aggressive recently to promote usage of credit cards through various tie-ups on large retail platforms (e.g. Lifestyle, Amazon, Swiggy). Keenly awaiting how it’s marketing effort on credit card business will deliver over coming quarters. Btw – what’s market share of credit card business for IDFC vs Federal?
Ranvir’s Portfolio (21-01-2024)
Broad brush criteria is – relative valuations. Nothing more than that