For sure this fall is not attributed by upgrading process to latest version.
Tech product development does ensure backward compatibility.
If they hvnt thought about this, then their product management is pretty poor.
To me, it is business headwind and not a temporary issue due to new product / version roll out
It has been more than 6 years since moving out of a formal corporate gig. I am not a “full time equity investor” since I’ve been managing money for others
The biggest difference has been the flexibility to choose what priorities to focus on, rather than someone else setting the objectives for me. When you have no one pulling the strings in the background, you can genuinely think long term and make decisions accordingly.
If anything, my experience has cemented my earlier belief that full time investing isn’t for everyone. It is often a lonely journey with no great excitement or activity on a daily/weekly basis. It takes a different kind of personality to run with this for years and not lose your mojo, even if you are financially better off than being in a full time job. By nature, you should have a strong sense of individuality and purpose to pull this off
On a lighter note –
You don’t need to wake up/sleep at odd hours when you have book your flights tickets yourself
You can get yourself a drink anytime of the day
You aren’t obligated to tone down your views to appease some one else
Your calendar isn’t full of meaningless tasks
Every meeting/discussion you do ends up being productive, no brownie points for “being there”
If you are considering going the full time investing way, plan your transition out so that you don’t face a situation where you might need to reverse your decision within 2-3 years. That will be one hell of a problem, I can assure you. Rather delay the decision/process until you are sure that you can stay the course.
can you please share where, ramesh damani has invested in this
Source:
Out of 23.66% pledged shares 22.58% is released as of 8th Oct 24. Now only 1.08% remains pledged out of 57.88% promoters shares. https://www.bseindia.com/xml-data/corpfiling/AttachLive/CF337EE4_ABC8_4FFE_9721_42540F2F8D5D_081309.pdf
Given the sensitivity around privacy and client data, if it is true, then it reflects extremely poorly on the company and the management. The company should clarify.
What you have mentioned about Blusmart is correct but what is the point of worrying about Blusmart ?
Can you through some light on why their EV leasing business is making loss? Somehow i dont get the factors which will improve their margins as the business grows to large volume.
Promotor has said it in concall that the same team / system in place can manage large volume. Is that enough to make an impact on margins? On a contradictory note, why can’t you increase team size as the volume increases? why its needed upfront?
@Mudassir_Parvez – I feel the worst baked into the price (things have only gone from bad to worse in the Middle East, unfortunately, since I first posted my thesis). In my view my thesis still stands – as soon as they figure out a game plan for Saudi and as soon as Iran normalizes KRBL should benefit hugely from it. One more note I want to make is: I feel the management overpromises and underdelivers – they’d said they’d fix Saudi by Diwali but there has been no progress/communication on that front.
PPFAS flexicap changes for September 2024
Added more Kotak Mahindra bank, Holding up from 2.50% to 2.96%
