Can we get video or audio recording of this year AGM ?
Posts in category Value Pickr
RR 2030 Portfolio (24-10-2023)
Any view on dcx india for defence sector and sswl auto anc…pls explain sir
Embassy REIT: Is this “Blackstone” promoted REIT is real diamond? (24-10-2023)
Hi Mahesh, thanks for your inputs.
I am trying to arrive at NDCF (Net Distributable Cash Flow) from PAT. My calculations are rough, but should majorly explain NDCF from PAT.
I am not trying to derive CFO, however, agree, working capital changes will have impact on NDCF.
However, I see working capital changes are small, and cannot explain movement of 400+ Cr.
Similarly, as explained in my previous post, Embassy golf Links is not part of P&L (only proportional profit of 50% equity is added to P&L), so NDCF would be higher. Hiwever, Alagain 400+ Cr is big number to justify the movement.
May there are more factors which we are not able to catch.
@dd1474 please share your views
Amit
Sagar’s portfolio (23-10-2023)
Hi Mudit,
I don’t know what led you to this thread. It’s been dormant since long. I had written in the first post that I will reduce allocation to MFs as I gain more conviction in my stock picking abilities. That had happened within an year or so. From 2014,all my money has been in stocks & stocks alone.
Regarding CAGR all I can say is that it has been way better than mutual funds.
Sagar’s portfolio (23-10-2023)
Hi…what is your current portfolio? And when u started this thread, you had mutual funds proportion of 66% and stocks 33%…How has been the current proportions? What has been your 10 year and 5 year CAGR compared to mutual funds???
Macpower CNC Machines: Manufacturing a Strong Growth? (23-10-2023)
Anyone tracking this one? Results are too good for Q2 24. Any idea what was the reason?
Shakti Pumps – solar shakti (power)! (23-10-2023)
Subject of the Letter:
- The letter is about Shakti Pumps receiving its 6th patent for a technology related to “STACK ASSEMBLY FOR PERMANENT MAGNET ROTOR.”
Key Details:
- Shakti Pumps has received a patent for their innovation related to electric vehicle (EV) motor technology.
- This patent will be valid for 20 years.
- This is the 6th patent the company has received.
Impact of the Innovation:
- The technology improves the efficiency of electric motors used in vehicles, leading to better energy conversion and longer driving range for electric vehicles.
- It reduces energy losses in the motor and improves power factor, making the motor more efficient.
- Lower operating temperatures of the motor can extend its life, reduce maintenance costs, and increase durability.
- The innovation also enhances the motor’s load capacity and torque, making it more powerful and versatile.
About Shakti Pumps:
- Shakti Pumps is known for its sustainable and reliable solar pumping solutions.
- They are committed to transforming the agriculture sector with their solar pump technology.
- The company manufactures products like solar pumps, motors, structures, controllers, and VFDs.
- Shakti Pumps is focused on helping India meet its energy goals and promoting sustainable transportation.
In simple terms, Shakti Pumps has received a patent for an innovative technology related to electric vehicle motors. This technology makes electric vehicles more efficient, increases their range, reduces energy waste, and extends the life of the motors. It has the potential to make electric vehicles more practical and reliable, contributing to sustainable transportation and reduced reliance on fossil fuels.
Linc Ltd: Writing the future of Bharat (23-10-2023)
Recipient:
- The letter is addressed to three entities: The Calcutta Stock Exchange Ltd., BSE Limited, and the National Stock Exchange of India Limited.
Subject of the Letter:
- The letter is about the company entering into a Joint Venture Agreement with another company called Morris Co. Ltd.
Purpose of the Agreement:
- Linc Limited and Morris Co. Ltd. are teaming up to create a joint venture company called Morris Linc Private Limited. They plan to manufacture and sell anti-ink dry markers with an automatic airtight sealing mechanism.
Shareholding:
- Linc will own 50.01% of the joint venture, and Morris will own 49.99%. This means Linc has a slightly larger share of ownership.
Key Terms of the Agreement:
- Both Linc and Morris will appoint two directors each to the joint venture company.
- The chairman of the joint venture will be appointed by Linc.
- Linc and Morris will provide funding to the joint venture according to the agreement.
- If the joint venture raises funds by issuing shares, it will be done through a rights issue unless both Linc and Morris agree otherwise.
- Certain decisions regarding the joint venture can only be made with the agreement of both Linc and Morris.
- There are some non-compete and non-solicitation obligations outlined in the agreement.
- The agreement contains other standard terms and conditions for the operation and management of the joint venture.
Elecon Engineering Limited (23-10-2023)
Highlights of Q2 FY 24
Management is confident of revenue guidance given earlier of 2000 cr
Margins have been north of 24 % in latest Quarter and with cautiously optimistic view it looks like margins may sustain or improve based on product mix going forward as well
MHE had a 50 cr new order and we may see some more orders going forward .( my reading )
Exports segment is a WIP and should yield result in due course.
Cash on hand and may explore opportuniry at opportunite time to invest / diversify / expand capacity.
Current capacity 73 % gear division and scope of going upto 85-90 % + outsourcing possible
Steel / cement / power / sugar * sectors expected to contribute positively to the order inflow.
Embassy REIT: Is this “Blackstone” promoted REIT is real diamond? (23-10-2023)
Hi Amit,
Offering opinion per my understanding.
I think you are trying to arrive at cash flow from operations (CFO) by adding non-cash expenses back to PAT. However, I think we also need to consider changes in working capital to get to CFO. Please refer to the screenshot which shows CFO of 2565 crore.
The relationship between CFO and NDCF is not straightforward. Request @dd1474 to guide.
Warm regards,
Mahesh