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Posts in category Value Pickr
Satin Creditcare Network Ltd – Reaching out! (20-10-2024)
The sector is undergoing significant stress due to macro as well as company-specific factors. Refer to RBI commentary in this regard – will help set context. Also, the preferred approach to look at lending businesses in general is Price-to-book and not Price-to-earnings, given the asset heavy nature and inherent cyclicality.
Refer to this recent article for the sector overview: Stress in MFI sector largely due to customer overleveraging
Microcap momentum portfolio (20-10-2024)
@visuarchie
Adding return over 3 months along with returns over 1 year and 6 months is good idea ?
Can you please suggest sir.
Microcap momentum portfolio (20-10-2024)
Update for entry on 21st October 2024 (lookback dates: 20/10/2023 and 19/04/2024)
50EMA (25,029) > 200EMA (22,131); hence, we can continue without any change.
Based on ranking:
- IIFLSEC
- STAR
- PGEL
- WABAG
- WOCKPHARMA
- VMART
- CHOICEIN
- LTFOODS
- SARDAEN
- NEULANDLAB
- HERITGFOOD
- GRWRHITECH
- GRAVITA
- ZENTEC
- KESORAMIND
- OPTIEMUS
- SYMPHONY
- NAVA
- TIMETECHNO
- INOXGREEN
- JCHAC
- PRUDENT
- KIRLPNU
- SHILPAMED
- CMSINFO
Based on A → Z for easy tracking:
- CHOICEIN
- CMSINFO*
- GRAVITA
- GRWRHITECH*
- HERITGFOOD
- IIFLSEC
- INOXGREEN
- JCHAC
- KESORAMIND
- KIRLPNU*
- LTFOODS
- NAVA
- NEULANDLAB
- OPTIEMUS
- PGEL
- PRUDENT
- SARDAEN
- SHILPAMED*
- STAR
- SYMPHONY
- TIMETECHNO*
- VMART
- WABAG
- WOCKPHARMA
- ZENTEC
Exits:
SENCO and SUDARSCHEM make an exit.
MARKSANS, SANSERA and TARC remain within the top 30 and hence stay.
Entries:
GRWRHITECH and TIMETECHNO make an entry,
CMSINFO, KIRLPNU and SHILPAMED cannot enter as there is no vacancy,
Azad Engineering – A stock picker’s dream! (20-10-2024)
When companies report order wins, is there a mechanism to verify the authenticity of the claims/orders?
Manappuram Finance (20-10-2024)
I believe it will take less than 1-2 months, as the RBI only requires confirmation and won’t be conducting a specialized audit like in the IIFL case. The key concern is how much this will impact EPS growth. Nonetheless, with a current price-to-book ratio of 1.1, the business is essentially being available at book value.
Freshtrop Fruits Ltd (20-10-2024)
Not Invested:
Other then the AR, does the company share information anywhere else?
Export data and learnings (20-10-2024)
SEPTEMBER 2024 update:
India’s overall exports(merchandise and services combined) during September 2024 is estimated at USD 65.19Billion, registering a positive growth of 3.76 % compared to Sept-23.
Total import during Sept-24 is estimated at USD 71.68 billion, positive growth of 3.79 % over Sept-23.
Monthly merchandise export during Sept -24 is USD 34.58 Billion which is flat compared to USD 34.41 Billion during Sept- 23.
The estimated value of service export during Sept -24 is at USD 30.61 Billion compared to USD 28.42 Billion during Sept-23.
Coffee exports continue to do well, up by 76% during the month and 50% from April to Sept.
Rice exports increased by 26% during Sept.
Marine products exports continue to remain negative.
Iron ore exports are down significantly.
Ceramic products and glassware exports continue to remain negative.
Pharma exports and chemical exports continue to grow.
RMG of textiles exports continue to have double digit positive growth.
PNC Infratech Ltd (20-10-2024)
Your fears have come true. Except the bank by MoRTH is for a year and not a few months.