Company does add lot of data for year ended FY23 as you can see even assets/lab classification (mature to new)- they update every year and not every 3 months. sometime they also move CT/MRI to tele reporting center category so difference could be due to that. Thanks!
Posts in category Value Pickr
Surat Equity Group (07-11-2023)
let’s do it. I am in. Thanks!
Pune Equity Discussion Group (07-11-2023)
i am interested in group … lets start with whatsapp group and then plan monthly meeting… thanks
Investing Basics – Feel free to ask the most basic questions (07-11-2023)
Hi folks,
I have been following this company called Sigma Solve ltd since last couple of years and they seem to be doing well.
I have question regarding their recent corporate filing. So their majority of revenue comes from Sigma Solve Inc (a subsidiary of Sigma Solve ltd) which they owned 60% earlier and now it is raised to 100%.
I don’t understand how the raising to 100% is done (as there is no outflow of cash). following is the statement which i don’t understand.
Here is the corporate filing
Sigma Solve Inc. is the Subsidiary
Company of Sigma Solve Limited
(“SSL”). SSL held 59.81% stake in the
Subsidiary. However the said stake of
59.81% has raised to 100% as a result
of Buy Back of Securities floated by the
Sigma Solve Inc. SSL has refused to
participate into the Buy Back of Sigma
Solve Inc. and as a result today when
the Buy Back has completed in Sigma
Solve Inc. the stake of SSL in Sigma
Solve Inc. is 100% and made it its
Wholly Owned Subsidiary. Also, there
was no Outflow of Cash from the funds
of the Company.
CDSL – Stock for our children (07-11-2023)
Concall Updates are out.
Would some VP member be kind enough to summarize and highlight the key points (I am really busy right now)
https://nsearchives.nseindia.com/corporate/CDSL_07112023131132_NSEIntimationTranscript01112023.pdf
Pune Equity Discussion Group (07-11-2023)
Yes. I am interested.
Som Distilleries and Breweries (07-11-2023)
As mentioned in my previous post, promoters have been involved with these things since 2020.
Possible wrongdoing: Yes, this is true for most of the small cap companies. Yes they are involved in wrongdoings, but the question is, will anything happen to them? Will they get jailed or give a fine?
Would something be found, will the IT officials take the bribe and let it go etc etc.
We don’t know.
Coming to the share price
- Smallcap companies faces intense competition from companies like Radico, United Breweries
- Stock has tripled from last 3 months and given parabolic returns. It should consolidate here for some time or give some correction.
- Any bad news on macro level will effect these kind of stocks the first
- There is some reason QIP did not get full subscription and had to be cancelled.
Taking into account all these factors, my decision is to wait and watch for some filings by the company, or some media release on the outcome.
But for long term investor, this news should not matter.
Marksans Pharma- Can it be the next Pharma Biggie? (07-11-2023)
Marksans Pharma Ltd shares gained more than 3% on Monday (yesterday) after the company announced that its subsidiary Relonchem received authorisation for marketing Cyanocobalamin tablets in the United Kingdom.
On Friday, another wholly-owned subsidiary of Marksans Pharma, Time-Cap Laboratories Inc. received the Establishment Inspection Report from the [United States Food and Drug Administration (USFDA) with zero observations]
Last week, the company announced the successful completion of the inspection of its newly-acquired Goa-based facility by the German health regulator.
Apollo Finvest – Scalable business run by motivated promoters (07-11-2023)
Does anyone know why the revenues are going down every quarter?
Quarterly presentation does not have any information
Som Distilleries and Breweries (07-11-2023)
There are Income Tax dept raids in multiple locations/sites of Som Group companies. Senior folks houses are also being raided and is likely to continue for days. Reason mentioned is tax evasion. Any insights into this? Is there possible wrongdoing or just government flexing its muscle?