Already invested from 320 levels, this has all characteristics of a multibagger . Expecting a market Cap in somewhere 2500 cr in 2 years timeframe.
Posts in category Value Pickr
Great articles to read on the web (01-12-2023)
If he is doing it in a wrong way then it’s different. But I know a lot of traders who have made tremendous wealth. But in that case, trading needs to managed like a business.
Not all trades need to be right. You can direct your brother to read good books on trading to improve his process.
Brand concept – New Emerging Micro cap Retailer (01-12-2023)
Firstly India is a huge market .Thus along with increase in per ca-pita income people tends to spend more ,thus people will fall to the never ending luxury theme .secondly ,company is adding new brands thus opening a new specific market for itself ,along with Tommy which itself is a Gem . company is constantly opening new stores at different & good location thus catering offline sales . Company is also into small leather Goods such as belts , wallets ,etc which has a growing market .Can take the business to abroad in future getting more premium . Can cater into other sku’s to increase revenue .Most imp Mr. Abhinav Kumar is what u called born for this business. Many more updates just read annual report and follow the business and do your own due diligence . And do check valuations
Great articles to read on the web (01-12-2023)
I can totally understand you. Being a brother its very difficult to see that they are trying to play low probability game to earn day to day bread. Unfortunately when it does not happen they leverage, get into more wrongs and get into a difficult situation where we are not able to help. Need to differentiate day to day bread earning with wealth creation.
You cant say this is a limit as even one small win will make them think they can do well but they lose the sight of small losses and sometimes big ones also.
Smallcap momentum portfolio (01-12-2023)
Hey Abhi
Would love to follow your experiment.
May I ask you to share the updates on your PF thread or create a new topic?
I’ve seen people make good money and would like to follow your experiment live and would like to contribute if needed.
Thanks
Praveen
IPO Review – Discussion until listing (01-12-2023)
Interview with Mr. Tiraj Kotian – MD, Marinetrans India
SMEmitra | Marinetrans India | Mr. Tiraj Kotian | Dhaval Patel | Sanfu Jain
Rategain – Fast Growing SaaS Leader (01-12-2023)
“Best Airlines Rep selects AirGain to Provide Accurate Pricing Intelligence for Its Partner Airlines”(https://https/www.bseindia.com/xml-data/corpfiling/AttachLive/24684dcd-e86c-4f68-9340-998f02f4b735)
Bull therapy 101-thread for technical analysis with the fundamentals (01-12-2023)
@phreakv6 – What is your average price for TAAL?
Great articles to read on the web (01-12-2023)
I am saying this because he is doing that also in a wrong way. I personally don’t feel trading can be done for living by retail investor (trader). I am sure most of the name on the lists are some hedge fund managers or other fund managers or someone else who has a fat bank balance and trading account balance. Even if a retail Trader get 1 big trade right it won’t like make him wealthy and financially free.
And to say that “I’ll make small traders to make my capital” is a stupid proposition because nobody can be right everytime. And just like 1 trade could go good 1 trade could go bad as well.
I know there are many ways of making money in market but this trading is definitely not the one in which the retail persons make money.
Here I am mentioning specifically about day trading and option trading.
Ranvir’s Portfolio (01-12-2023)
Shankara Building products Q2 highlights –
Sales – 1142 vs 907 cr, up 26 pc
EBITDA – 36 vs 30 cr, up 23 pc ( margins @ 3.2 vs 3.3 pc )
PAT – 18 vs 16 cr, up 15 pc
Revenue break up –
Retail – 54 pc
Institutional – 46 pc
Same store growth at 23 pc
Introduced their own private label – Fotia Ceramica in Q2 – should help in margin expansion. Will be procuring tiles from Morbi
Received balance payment ( Rs 78 cr ) towards warrants conversion by APL Apollo – strengthening their balance sheet and will aid in debt reduction
Total retail stores – 90, spread across AP, MP, Maharashtra, Gujarat, Karnataka, Kerala, Orrisa, Goa
Growth in rental costs @ 4 pc YoY vs 26 pc growth in revenues
In process of opening two more experience centers in Maharashtra, MP
Both Steel based products and Non Steel products grew 30 pc YoY
H2 is always better vs H1 for the company as the construction activity picks up in the second half post the monsoons
Have set up a number of Stores in Stores in collaboration with Nippon paints
Intend to increase the contribution from Non-Steel business to 25 pc in next 4 yrs ( currently at 10 pc of the total business ). This should help improve their blended profit margins. Aim to reach 5 pc EBITDA margins in 4 yrs
Deterioration in cash flows should reverse in H2
APL Apollo’s shareholding ( post warrant conversion ) in the company stands at 5 pc
Company guiding for 25-30 CAGR growth for next 2-3 yrs. Well on track to achieve it in this FY
Company has closed a few unprofitable stores in the recent past. Did not mention the number of store closures
Won’t be growing the number of new stores in an aggressive manner ( likely to open 2-3 stores/yr ) as the company feels that same store growth can be buoyant for the foreseeable future. Company can double its sales within the existing infrastructure
Revenue contribution from APL Apollo products in Q2 @ 38 pc. Company shares a very cordial relationship with APL Apollo. Company has helped them a lot in expansing in South India. Don’t see them squeezing company’s margins
EBITDA margins at present for non steel business @ 5-5.5 pc. Should improve as the volumes improve
Disc: a recent buy, invested, biased, not SEBI registered