Since chairman clearly said they don’t go for acquisition for the sake of acquisition, we can’t certainly say it happens anytime soon. I think the stock price may consolidate unless they focus on North American markets which increase the margin or finalise any acquisition.
Disclaimer - holding alletec stock
Posts in category Value Pickr
All E Technologies, making businesses ready for AI (24-05-2024)
All E Technologies, making businesses ready for AI (24-05-2024)
Its neither a product company nor totally service company. They are in between. They have higher margins from their IP and low margin on microsoft products. Their management sound professional and straight. Lot will depend on how organizations takeup upgrades.
PDS Limited – A platform for entrepreneurs (24-05-2024)
PDS is an aggregation of subsidiaries. PDS ‘the company’ has a controlling stake (usually around 75%) in all its subsidiaries. The other shareholders (usually the entrepreneurs) in these subsidiaries are non-controlling interests.
The sales and earnings you see are the cumulative sales and earnings of all the subsidiaries. Of that, the propoportional amount to its shareholding is attributed to PDS.
Minda Industries Ltd – Surging Ahead in Auto-Ancillary! (23-05-2024)
UNO MINDA PPT MAY 24.pdf (5.6 MB)
Excellent set of nos. Good promoter execution capex opp size ROCE exports. Play on premiumization in auto .
discl invested
Indian Metals & Ferro Alloys Ltd (IMFA) (23-05-2024)
Not sure why the management has decided to foray into Ethanol esp. with policy uncertainty and non-core biz.
While concall is scheduled for Fri post market hours, based on NAVA and GPIL concall, it seems that there has been a sharp uptick in ferroalloys prices with likely reason being disruption in Australia which may last for few quarters.
Number of stock for retail investor (23-05-2024)
Apologies for late reply. At the time of post, I was holding somewhere around 50 stocks in two different portfolio and now gradually reduced to 10 or max of 12 at any given time on both of my portfolio. My goal is to reduce this to max of 6 to 8 at any given time. At the moment I am leaning towards mutual fund like Midcap, Large to midcap.
Also another strategy I am following is once the specifc stock reaches 120% of the original value, I sell 45% of the portfolio to get my original value. I will leave the stock forever unless it is making major correction. Not sure whether I will continue this strategy in the future.
I am ardent follower of Buffet and I am very surprised to see number of stocks greater or equal to 3% portfolio is only 8. Since Berkshire is too big, they need to fill the bucket some how.
When Warren lectures at business schools, he says, “I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches—representing all the investments that you got to make in a lifetime. And once you’d punched through the card, you couldn’t make any more investments at all.”
He says, “Under those rules, you’d really think carefully about what you did and you’d be forced to load up on what you’d really thought about. So you’d do so much better.”
Astral Ltd. (Earlier: Astral Poly Technik Ltd.) ~ Leading Pipes & Adhesives company (23-05-2024)
Astral launches a comprehensive new paint line named Astral Paints
After acquiring a majority stake in Gem Paints in 2022, Astral thoroughly prepared to enter the paint industry. The company has strategically launched its first phase in Bengaluru, leveraging three paint units. Moreover, the company will expand its paint line across India in phases, starting with Karnataka and Gujarat.
PDS Limited – A platform for entrepreneurs (23-05-2024)
What are non controlling interest?