Nowadays I see lot of people at airports travelling with Tommy travel gear. The trend of using luggage as an accessory and that too as a fashion accessory is still in its infancy stage. When people have met their basic needs, they do spend on such stuff. I see a lot of scope here as a shift to luxury in the luggage segment.
Posts in category Value Pickr
Buy Unlisted Shares (01-12-2023)
I am studing icl fincorp and tata capital… Tata capital seems to be 10p/b … Does anyone have an idea on such high valuation
Great articles to read on the web (01-12-2023)
Some good books would be:
Trade Like A Stock Market Wizard – Mark Minervini
Think & Trade Like a Champion – Mark Minervini
The New Trading for a Living – Alexander Elder
How to Make Money in Stocks – William O’Neill
Technical Analysis of The Financial Markets – John Murphy
Come Into My Trading Room – Alexander Elder
Mechanical Trading Systems – Richard Weissman
Indian Energy Exchange (IEX) (01-12-2023)
Thanks for bringing clarity Amey.
But my doubt is, suppose,
Exchange A has a bid for price “x”,
Exchange B has a bid for price “y”,
Exchange C has a bid for price “z”,
Now, suppose x<y<z. So, the discovered price is “x”. And since it was discovered on exchange A, wouldn’t the bid get executed on A, seamlessly and automatically?
Also, another question. Can the same seller and buyer quote and bid for different prices on different exchanges? For example, can it happen that a seller “S” bids for selling power for x on A, y on B and z on C?
Regards,
Kapil
Brand concept – New Emerging Micro cap Retailer (01-12-2023)
Quickly looked at this business over the last couple of days and finding it difficult to understand the investment rationale here.
They don’t create brands. They don’t manufacture. The business is mostly running on the one exclusive partnership with Tommy hilfiger which they entered into in 2011. After 12 years tommy hilfiger still contributes 85% of the revenues for the company. Moreover this explains the low margins in the business as a big brand like Tommy will command the pricing and margins leaving almost close to nothing for Bagline.
Can you build a business in this segment on distribution alone when it has become much easier to distribute then it was 10 years ago? This explains only 3 exclusive brand tie-ups in 12 years with 2 of them in very nascent stages. For The in-house brands, branding and designs look poor and the products virtually non existent on online platforms.
Where do we see the PAT margins coming from 5 years down the line? All of this at a valuation of 60x PE!!! Maybe I am missing something. Would love to understand the investment thesis from fellow investors.
Hazoor Multi Projects Limited (01-12-2023)
Board meeting on 6th December for-
-In view of considering new business opportunities, accelerate growth further and to augment the
financial resources of the Company, a proposal for fund raising, by way of issue of securities,
convertible instruments, or any other method or combination thereof through permissible modes, for
cash or otherwise, and to appoint requisite intermediaries required for this purpose;
At 202 and a market cap of Rs 306
Cr, Stock is selling for near 5 times earnings, 0.5 times sales, growing fast, Bagged humongous order of Rs 1200 crore…doing preferential issue …sounds too good to be true… obviously there are risks but currently odds are extremely in our favor…
…Biased and invested…
Dixon Technologies (01-12-2023)
e682ade9-97b4-466c-a44e-752b4d9e5169.pdf (825.5 KB)
Dixon Technologies’ Wholly Owned Subsidiary Padget Electronics Inaugurates New Manufacturing Plant in Noida
Brand concept – New Emerging Micro cap Retailer (01-12-2023)
The company also wants to enter into the caps category. What I can understand is the company wants to build a house of brands in Fashion accessories category.
What I cant understand is if they want to add more categories than travel gear , then why it has kept it’s marketplace and store name “BAGLINE”.
I am just unclear as to what they want to build out?
Great articles to read on the web (01-12-2023)
All matters is how efficient leverage is used if we are using leveraged portfolio as its said that “stock doesn’t know you own it” same is stick also doesn’t know you own it with leverage. Keeping a long term horizon about what you buy and with a good safety of margin has high probability of having favourable outcome.
Great articles to read on the web (01-12-2023)
Which books would you suggest in that aspect sir. Even I want insight on this.