SageOne Investment Funds bought shares 8.5L shares @480 which is approx 4% stake.
Posts in category Value Pickr
Glenmark Life Sciences (21-09-2023)
Here is the latest filing on the BSE
And here is the open offer document
Opinions are welcome from all the members
dr.vikas
Sunteck Realty – Quality Real Estate Company (21-09-2023)
3e1cf81b-0448-4183-8604-fdbd8ed53b9e.pdf (828.5 KB)
IDFC First Bank Limited (21-09-2023)
Where can we get to watch the AGM recording which happened recently ?
Talbros Automotive Components Limited (TACL) (21-09-2023)
Major products Gasket to require less in EVs. Other products will also be obsolote in EV transition.
company is not distributing sufficient divident . Do they get sufficient money in related party transactions through 100 percent owned private companies ? If promoters are honest , why did not they make their pvt. company QH Talbros as subsidary of listed companies ?
Saksoft Ltd – Value buy in an exploding mobile and tablet market (21-09-2023)
A humble request, to all the prospective and current investors…hold your company responsible for following the rules and regulations applicable in our country. I am posting my email that I sent to the investor relations team of Saksoft Ltd. on August 28, 2023 about depicting the incorrect cartographic information about our country, India. In all the recent investor presentations and quarterly results, they have been including the incorrect map of India, not recognizing the region of Gilgit-Baltistan, as belonging to India. I have not received any reply from their end. I have removed my email and cell details from the email for obvious reasons.
Please note that I do not want to instigate any negative feelings about the company, or start a debate with political inclinations. This may be a benign oversight on part of the company, but such mistakes, nevertheless, needs to be rectified.
Praveg Ltd: Play on Indian Tourism Industry! (21-09-2023)
@Sunit_Das
I generally do not provide my opinion on stocks that I do not hold (Praveg, for instance, I do not hold, but I am tracking it). However, with your comment about deploying a significant amount, I am concerned, so I’m sharing my thoughts. Please keep in mind that I am not an expert and do not hold this stock, hence I may have biased view.
- Three years ago, the market cap was 16.7 crores, and now it’s 1171 crores. 30-40% growth or good prospects is as per me in price.
- According to screener data, the promoter seems to be selling a substantial portion. In 2020, they held 74%, and now it’s down to 56%. If there is no explanation for this, one should be extremely concerned. My number one criteria for buying or holding a small-cap stock is promoter activity. I maintain distance, regardless of business aspects, if the promoter is selling, especially in small-cap stocks.
- The recent resignation of Paras Patel is a significant development. In my opinion, he was a key person. It’s essential to investigate the actual reasons behind his departure and assess its potential impact.
Journey and Portfolio of a goal-based NEEV investor (21-09-2023)
I understand, thanks for sharing the link
Praveg Ltd: Play on Indian Tourism Industry! (21-09-2023)
Concerns:
- If management can walk the talk.( keep a check on concal n results).
- Hospitality is totally dependent on ratings. So have to monitor if their ratings are high.
- tourism industry is cyclical in nature. If tourism goes down, will heavily impact the company.
- Their event management business, its not scalable imo, they are into this as it provides good cash.
- they take land on lease, so have to make sure they get the tender on subsequent tenure.
- it is a asset light business, till now there is no competitor like Praveg, but big pockets or already established hotel brands can enter into this industry. So have to monitor that as well regularly.