just want to highlight that promoters sold 1.93% of the market cap at 3350 and it rose a lot in the last 6 months also.
Posts in category Value Pickr
Deep Value – RPSG Ventures (20-01-2024)
There is thread already on VP
Apart from Holding Co, RPSG Venture has steady earning through IT services being provided to CESC (another group co.)
Basilic Fly Studio Ltd (20-01-2024)
At what price Ashish Kacholia entered Basilic?
Omfurn India Ltd (20-01-2024)
Future of Work: Smart Office Furniture is Meant to Draw Employees Back – Bloomberg
May be of some help in the discussion about furniture stocks and that too smaller companies. Trend has changed, mindset has changed, comfort is priority, strict fit chair has given way to comfy chair…
observation worth studying keeping in mind Indian companies in the field.
One more report from DCMSME portal of GoI.
IREDA: Renewable Energy Powerhouse (20-01-2024)
IREDA Bumper results!
Deep Value – RPSG Ventures (20-01-2024)
Unlike typical holding companies, which are mostly pass-through vehicles of ownership, Jio finance actually has a much greater use of the Reliance holdings. It can easily borrow at extremely good rates, keeping the Reliance holdings as collateral & earn a respectable RoA… So the holding co discount should be treated differently here IMHO
Rain Industries – An oversold de-leveraging play (20-01-2024)
Seems Like Mr. Pabrai is selling heavily, holding down from peak 9.99% to now 3.96% till today not sure if he further sells and take a complete exit, Usually when these big sharks take exits they know a lot more than a retail investor. Until the Picture gets clear to retail investor, it’s too late.
Stock is up 10% today but doesn’t influence me to see the business in a optimistic way than a rational way. However, I’m still studying this company quite deeply but trying to think of second order thinking, trying to play devil’s advocate.
Disc:- No holdings till date
Speciality Restaurants (20-01-2024)
I am seeing numbers from revenue side only, which has shown good growth
HDFC Bank- we understand your world (20-01-2024)
I would tend to agree with you. In fact, my investment experience suggests that, when many people are having pessimistic view on the stock and stories are being floated saying that, now this stock can not grow as the best days are over, it is time for Value Investors like us to start looking at it more seriously.
Since I am already invested in HDFC Bank unable to increase my position, but I have taken a position in Kotak Bank during 2022-23 since it is also being available at reasonable valuations in my opinion.
Many investors were pessimistic about HDFC as well in 2014 and were chasing Mid Caps which got hammered during 2018-19 and HDFC was the good stock to own at that time since they listed HDFC AMC and HDFC Life Insurance, but many were pessimistic about it in 2012-13.
Another such example is ITC and Coal India during 2021-22. When negative stories are floating generally it is time to buy if you have your own investment thesis and conviction.
AGI Greenpac- on the cusp of growth? (20-01-2024)
Volumes are not high so I don’t think there’s anything to be concerned about right now. Also lets not forget the stock did 3x in the past year.