I have replied to Charanjeev’s post on red flags.
Posts in category Value Pickr
Hazoor Multi Projects Limited (06-12-2023)
You have found the right info, but the wrong conclusion.
Hazoor Multi Projects Limited (06-12-2023)
Do you believe that all these risk factors are already accounted for in the price (At least by big money & people who invest major chunk after doing research)
I mean there is a reason it is at 5 times P/E, and some well known Infra companies are at 20.
Hazoor Multi Projects Limited (06-12-2023)
-9 employees generating 700 crores in revenue.
-Company is bagging 1200 crore in offset orders every year despite the promoter being a stock broker with no infra experience.
-Company is raising capital on one hand while doling out 22 crore loan to another infra company.
-The promoter takes no salary
-The executive director takes Rs 6 lakh salary
This all looks magical. There are more, but cannot be mentioned in a open forum.
Hazoor Multi Projects Limited (06-12-2023)
The Managing Director of Maharashtra State Road Development Corporation holds approximately 10% of the company. This is why the company kept on getting these orders.
A week ago he was relieved of his duty, but he is still part of the the director of CM war room for Infrastructure Projects.
As long as he is invested in the company, I have no doubt on the company.
Disclaimer: Invested 4% of my PF, and yes all SME are risky, they have these issues, that is why they are still SME and not Smallcap.
Embassy REIT: Is this “Blackstone” promoted REIT is real diamond? (06-12-2023)
I am wondering about disconnect between office rentals and residential rentals in Bangalore. Later is shooting through roof. So office rentals will eventually catchup.
With strong GDP numbers it is unlikely that office rentals can remain subdued for long. It seems to be more of timing issue.
Hazoor Multi Projects Limited (06-12-2023)
debt equity ratio 1.2?
KPI Green- Turning Sunshine Into Cashflows (06-12-2023)
KPI Green Energy Limited (BSE:542323) completed the acquisition of 99.9% stake in Kpark Sunbeat Private Limited from Faruk G. Patel.
KPI Green Energy Limited (BSE:542323) agreed to acquire 99.9% stake in Kpark Sunbeat Private Limited from Faruk G. Patel for INR 1.4 billion on October 11, 2023. The purchase consideration payable shall be discharged by way of issue of 1.52 million shares and cash. Kpark reported turnover of INR 1.5 million for the last financial year 2023.
The transaction has been approved by the Board of Directors of KPI Green. The transaction is subject to KPI shareholder approval and is expected to be completed in the next 2 to 3 months. KPI Green Energy Limited (BSE:542323) completed the acquisition of 99.9% stake in Kpark Sunbeat Private Limited from Faruk G. Patel on December 4, 2023.
Hazoor Multi Projects Limited (06-12-2023)
Thanks Shail
Limited disclosures, relatively low promoter holding is already keeping investors on toes.
We would be benefited, if you can elaborate the red flags.
Regards
Embassy REIT: Is this “Blackstone” promoted REIT is real diamond? (06-12-2023)
What is the reason for such a drastic correction in embassy reits prices today?I can’t find any news,no disclosures by the company.