- From the presentation I could see that SBI cards gives around 65 percent of the cards to the age above 30 and also around 50 percent tot tier3 and others. Does this data imply that even though credit card in force might be growing but the may get a lesser revenue compared to hdfc cards.
- Also I dont find a aggresive marketing from SBI cards compared to HDFC.
- Another advantage which I find other banks like HDFC,ICICI have is majority of the people have salary account in these banks, so it might be easy to cross sell compared to SBI.
(Disc: Not invested , reading about the company).
Posts in category Value Pickr
SBI Cards & Payment Services Limited (27-11-2023)
Pennar Industries Limited (27-11-2023)
(post deleted by author)
Linc Ltd: Writing the future of Bharat (27-11-2023)
Industry_Report_Stationery and Art Material.pdf (1.8 MB)
Industry report
International Conveyors Ltd (27-11-2023)
Problem with this company is that the sales is de-growing YoY while profit is increasing primarily due to other income.
Since, they have contracts that move up and down based on companies material cost, the company should have consistent margins but that isn’t the case here. Margins move up and down based on raw material cost, so I am not sure how the contracts are negotiated.
If someone can shed some light, that would be great
52 week highs and all time highs strategy (27-11-2023)
HBL power has been in an upward sloping channel since August 2023. I have marked the lower end of the channel by a solid blue line. The higher end of the channel has been marked by two dotted blue lines. And since past few trading sessions stock price has broken out above the higher end of channel and consolidating in a tight price range.
I have marked a higher parallel line in solid blue . This marks the upper end of another channel above previous channel. Height of both channels is same. This new channel marked on top of previous trading channel sometimes provides potential targets and indicates possible resistances. Will continue to monitor this chart going ahead for learning purpose.
52 week highs and all time highs strategy (27-11-2023)
Thank You for the detailed reply. In addition, the PV action looks good, volumes building up from past 6 weeks with HH price action, RS breaking out.
52 week highs and all time highs strategy (27-11-2023)
I haven’t tracked this promoter acquisition of time techno shares. But here according to latest concall a definite time line is given for sale of stake in overseas subsidiaries. And a rough estimate figure of 800 crores to be received for sale of 80% stake in these subsidiaries has been disclosed. While the number may vary a little bit here or there, it remains a significant number as compared to the debt 865 crores, as also the market cap of 3900 crores.
The key takeaway for me here is that management is walking the talk that they have been talking since past nearly 3-4 quarters. Which is reduction of debt by cash flows and subsidiary stake sale (material impact needs to be seen) , and improvement in topline and bottomline and improvement in return ratios (has been visible since past few quarters, more so in the latest quarter.)
Technically the stock price was stuck in a range of 140-160 from August 2023 to October 2023 and now has moved above this range. The current range of consolidation co incides with the distribution ranges when it fell down from all time highs of 232 posted in 2018. 115 to 165 was a big trading range during May 2018 to October 2018 and its upper range has now acted as a strong resistance and which has been overcome as of now. Next range of resistance based on same theory going ahead would be at around 180-185. And then final band of resistance of 220-230. If and when that is crossed, we can see strong moves. disc: invested as disclosed before and biased. .
Tata Technologies (27-11-2023)
Of course. But as long as we are in the bull market, auto sector is bound to do well at least for the next 2 years.
52 week highs and all time highs strategy (27-11-2023)
Hello Hiteshbhai, trust you are doing great. Today time techno promoters acquired 117938 shares. Indication of things to come in terms of restructuring process.