Maybe yes, because they have not disclosed it in AR also
Posts in category Value Pickr
Cera SanitaryWare Ltd (29-05-2024)
Anyone, can please provide the market size data of the sanitaryware and faucetware for last 10 years with authentic source mentioned ?
Indiabulls Housing – A compounder from here? (29-05-2024)
Thanks Value V
Does it mean that whatever 4K recovery is done will be like bonus as already 10K is written off??
TIA.
KMC Speciality hospital (29-05-2024)
@Rahul_Bhardwaj I am trying to get some historical dat on their % occupancy, ARPOB and average length of stay. Is the investor presentation that they released for Q3 2024 the only available source of this information? I am unable to find any more info on this.
Protean EGov Technologies Ltd – A Play on the ONDC, Digital Policies (29-05-2024)
Protean is the technology service provider that powers the entire network on which the ONDC ecosystem sits. This is just like UPI (Unified Payment Interface) being run by NPCI that enables the digital payments in the country.
At present, Protean provides the registry and gateway services to enable ONDC transactions for which it gets directly compensated by ONDC as a market institution. However, in the future, it could very well become a market participant compensated model just like the UPI. That’s because, by design, the government invests and creates the digital infrastructure and then the network participants pay for it on per transaction basis.
Another revenue opportunity from ONDC can be more on the lines of the SaaS model where Protean could be providing buyer and seller technology. The ONDC adoption and penetration is fast growing in the country and hence the revenue opportunity from it can be non-linear.
Anshul’s investing journey (29-05-2024)
Two ideas I missed because of my biases
1.PSU banks: Never invested properly because they never created wealth before. Despite being in the markets for like a year or so, I had this perception that PSUs are gonna be traps and have the worst asset qualities. Missed out on them big time. I dont wanna give myself hard time on it because I was quite new to investing at the time they were at great valuations( Still am new but basically very dumb back then
Learning Lesson: When cycles turn, the worst businesses actually end up performing better than the best ones. Imagine a 10 year time period with one 5 year good cycle and one 5 year bad cycle. If the best business rises by 50% CAGR in that 5 years, it will probably give no return to moderate returns in the bad cycle.
However, a bad business will give 70% CAGR in 5 years and take it back in the bad cycle.
Hence, in an upcycle bad businesses will perform better because they are in such a state that the base is low and the improvements can be huge.
2.Indigo:
Again, the bias of airlines being wealth destroyers made me turn away from the stock. All the books I read about said against it and I trusted their opinion against mine
books being: What I learned about investing from Darwin, Michael Porter and Peter Lynch books
Learning lesson: Failed to recognize the importance of timeline when it comes to such ideas. I am not invested for eternity. I am only here for a few years so I don’t need to care much about such things. the industry structure and its importance is very necessary when investing for a considerably long time. But I do GARP investing so I should have taken that into account. Long way to go
Updates on Q4, I will update my portfolio in June first-second week because of traveling back to india and exams at the moment. I will share my rationale behind the changes as well. Lot to learn and observe
How to register with SEBI as a Research Analyst? (29-05-2024)
Hello,
I’m working in full-time job in IT sector, have a 2 year MBA Finance degree and cleared NISM-XV exam, and full fill all pre-requisites for SEBI RA registration. Can SEBI deny my registration on grounds of having a full time job in IT sector ?
Anshul’s investing journey (29-05-2024)
Thank you. Will definitely look into them. Before I could build a position, Welspun run up 20%