Still the working capital cycle keeps on worsening due to rise in inventory and receivables. Although none of the receivables have been mentioned as doubtful as of yet, but we need to keep track and find the reason behind this if they are rising at such a high pace
Posts in category Value Pickr
Companies with 20%+ growth guidance for next few years (09-11-2023)
KIRLOSKAR OIL ENGINE LTD
2X-3Y Strategy: Grow 2 times in 3 years
Rain Industries – An oversold de-leveraging play (09-11-2023)
Not sure if he has fully sold all from fund IV or holding less than 1 %… however he has 7% in total as of now… further if he sells, then yes, need to watch… but nowadays even Pabrai is hopping from one stock to another frequently.
B C C Fuba India Ltd: PCB Manufacturing Nanocap (09-11-2023)
Improvement in NPM and profits on a YoY basis.
33% jump in property, plant and equipment from MAR-2023.
But QoQ results are down.
Pricol limited – OEM automotive (09-11-2023)
Can retail public ask questions in concall as shareholder?
Best Agrolife – Think Big, Think Best! (09-11-2023)
Inspite of profit of Rs 232.4 Cr during H1 ccash flow from operation is negaitve… Recievables have increased to Rs 1011 Cr…Trade revenue is around 32%.
All are red flags for me…
Disclosure : Already exited 1 year back due to lot of red flags.
There are so many investment opportunities and one can avoid investing in such kind of stocks and if invested it should be less than 1% of your portfolio
MCX and Financial Technologies (09-11-2023)
Yes – that will be a growth driver. But key to first get resolved is 63Moons issue. For Q1 fees was 80 Cr and for Q2 and Q3 it will be 125 cr + taxes. This is massive. If in Madras high court they loose than 63Moons may charge them 150 cr.
MCX and Financial Technologies (09-11-2023)
Mcx does not do weekly options expiry as of now right?
That could be the next growth trigger for it as we have seen with bse and nse
They had mentioned TCS AMC of 8-10 cr earlier(i read this in an article)
Camlin Fine Science Limited — Looks interesting but some way to go (09-11-2023)
Its a buy here fundamentally
All negatives are priced in