Yeah 
, bass mann hua gyaan dene ka
Posts in category Value Pickr
Why are there so many SME IPO’s in September? (16-10-2023)
Investing Basics – Feel free to ask the most basic questions (16-10-2023)
Could someone please help me understand the differences between debt and pledge with regards to evaluating a company’s financials.
As far as I understand debt is generally raised to money to use in the business. This debt has an interest rate which is to be paid as per mutually agreed terms. The collateral in case of debt is generally assets which are hypothecated to the financing company.
I think maybe pledge is also a similar thing where the collateral is the promoter’s shareholding/ownership in the business.
It would be really helpful if some one could confirm whether this understanding is correct or not. And what are the scenarios where one is preferred over other.
Jash Engineering – Is it a multibagger (16-10-2023)
Really Great Interview.
Lot of doubts were cleared in this interview.
Som Distilleries and Breweries (16-10-2023)
No mutual fund has any holding in this company even though it is above 1000 cr market cap. QIP failed as Institutions do not want to own the company. Promoters buying from open market to show their confidence in the comapny. But i suspect something fishy here, i might as well be wrong. But in any market conditions if there is growth in the company institutions are the first one to smell the same and line up to buy the shares. Here i think promoters are just circular buying from their own undeclared pseudo promoter accounts. Again I might as well be wrong.
HDFC Asset Management Company (16-10-2023)
Auto anciliaries business needs innovation and seperate key competence which OEM may find difficult to pursue along with their core business…also auto anciliaries arenmot dependent on regulations from gov. etc.
CAMS type business imo needs no drastic innovation, R&D and its just transactional and dependent on regulations as well (directly & indirectly)
Cams type business is not comparable to auto anciliaries in this context as well…
we cannot say for sure that growth in amcs will always result in growth of transactional companies that serve them…any change in regulations can even put a question mark on existence of such businesses as well or the way the operate and make profits…
Above only my thoughts and i can be wrong in my assessments…not a biy/sell recommendation.
Freshtrop Fruits Ltd (16-10-2023)
Freshtrop Fruits
Sells fresh fruit business for 77 Cr + additional deferred consideration for 2 years
It will be used in investment of food processing business & return surplus funds to shareholders
Reason for sell: No growth, high investment & long gestation period, restrictions in farming.
Sell valuation is not very encouraging in my view.
About 100 Cr. ( including deferred revenue ).
However, they sold it out of frustration of poor performance & restrictions and want to improve & focus on food processing business. – Good initiative for a long term plan.
Disc: Invested
Investor Grievance Mechanism (16-10-2023)
I have Demat account in ICICI direct. They have started scheme of Upstream .
Up Streaming of funds means debiting the peak margin (Highest margin created anytime during the day) and pay-in obligation from client’s account and upstream the funds to Clearing Corporations (CC). The movement of fund would be customer depositing funds in ICICI Up Streaming Client Nodal Bank Account- USCNBA), from their money will move to Broker’s Settlement account and then to Clearing Corporation. That means, the funds will be debited from the clients account and same will be Up Streamed on the same day to Clearing Corporation within the given cut off time. The Cut-off time given by CC for the same is 7.00 PM.
This means ICICI direct will block money for any Buy order with target price if NOT executed for one Night for weekdays and 2 days for weekend days.
As I understand, this scheme is only for ICICI direct and Not for other brokers.
Following is SEBI circular.
V. Upstreaming of funds: Funds received on a given day by SBs shall be transferred to CMs, and by CMs to the CC any time during the day, but not later than the respective cutoff times. The respective cutoff times for upstreaming are as follow: Sr. No. Particular Cutoff time 1 CM upstreaming cutoff time To be decided by CC – not earlier than 6:00 PM 2 SB upstreaming cutoff time To be decided by CM – not earlier than 1 hour prior to CM upstreaming cutoff time
Read more at: SEBI Circular: Upstreaming Clients’ Funds – Implications & Guidelines
Ultimately this is client money and what is right to ICICI direct to block money. Is it legal and SEBI approved?
Request your opinion from seniors whether this is OK
Selan Oil Exploration (16-10-2023)
A good set of results. Production from Karjisan has revived. During Q1’24 guided to 800 boepd production and they have achieved that by the end of Q2’24.
52 week highs and all time highs strategy (16-10-2023)
UPDATE: MSTC 316-530, a new ATH…
- An excellent base breakout seen in MSTC. Base formed since October 2021.
- A small pennant type pattern seen just before breakout as well.
Safe to assume a bullish bias ahead…
