That is true. I don’t think IPO investing excites the community unless the quality of the companies coming is high and pricing attractive. Mostly because I think it’s not worth the time and effort.
Posts in category Value Pickr
Skipper Ltd., (Power and Water) a moat in making? (20-12-2023)
** Skipper optimistic on H2 FY24 show, actively pursuing Rs 12,600 crore worth projects**
WPIL Ltd – Global Water Pumps (20-12-2023)
Finally some movement!
Rategain – Fast Growing SaaS Leader (20-12-2023)
In the latest interview with CNBC TV 18, Bhanu chopra, chairman of Rategain has indicated that the Adara revenues have reached almost near the pre-covid levels in this quarter (close to a annual run rate of 100m USD).
Our New Products Are Witnessing Strong Demand: Rategain Travel Tech | CNBC TV18
Maithan Alloys Ltd (20-12-2023)
What could this for the shareholders/ share price ?
Doesn’t the company have enough areas to grow reinvest the surplus and grow their business ?
Prince Pipes & Fittings Ltd (20-12-2023)
Promoter holding has decreased by two percent ,any idea what can be the reaon
Annapurna Swadisht Ltd – A Swadisht FMCG investment? (20-12-2023)
Thank you, @Parakh
The product mix is clear & easy to understand. It’s a blend of a Maggie Noodles, Balaji Wafers, and Haldiram Namkeen, if you may.
The positives that I see are:
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Built distribution in the East, where no one else has been successful. IF they’ve addressed this unaddressable market, and captured it, then the’ve planted the flag where others haven’t and may not even try to.
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Size – due to their comparatively smaller size, they’re quicker in implementing changes and taking decisions.
Major challenges:
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Product Mix: They aren’t namkeen only, noodles only, chips only, and moving forward, Chinese foods, breads, juices & drinks only. This is like Maggie launching a Chings sauce, or Chings launching a Haldiram namkeen, or Haldiram getting into Paper Boat Juices. They’re all of this. Are they spreading themselves too thin?
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Advertising: As they venture into organised & controlled markets, they’re up against the big boys. ATL/BTL and all the other retail jargon will come into play. They cannot out-advertise, they cannot out-distribute in these areas, so how they get an edge remains to be learned. And, they have to do this across multiple product verticals.
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E-commerce: I read that they’re also focusing on D2C with Amazon / Flipkart. Is this smart or a distraction, given the tall task they’ve setup for themselves?
I like the underdog story, and root for it, but is this biting a lot more than they can chew?
They will need to raise a LOT of funds. Will need a clear product introduction strategy (cannot bring in bread + juice + Chinese, etc etc all together), will need team divisions and/or clear milestone based plans regarding e-comm/retail, and they will need some celebrity brand ambassadors who will help establish a footing in the controlled markets.
Having said this, they’ve raised funds from some astute and visionary early-stage investors. Ajay Upadhyay is no rookie, and no fool.
So, there must be something cooking that public shareholders are not privy to, as yet?
IRFC – A Zero NPA NBFC (20-12-2023)
IS this just pure price action euphoria?
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no increase in loan growth, decline in EPS growth during H1
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Future, most of the Railway Capex budget is being funded by Central Govt as par of union budget (This means hardly any growth for company- this can be seen from last few quarters)
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Valuations trading at 3x of historical averages
Experts, what is the future for IRFC?
Sitting on 3x, is it better to exit?