Uno Minda is sold after realising that Auto ancillary segment companies are in a very disadvantageous position with reference to margin, competitive intensity etc.
Posts in category Value Pickr
VijayKiran (VK) Long Term Portfolio Mistakes & Learnings (09-09-2023)
Hello Sir, Could you explain it further with some real life example and Do you have any insights on recently listed REITs? It could be a better option for debt portion of a retirement pf…
Best,
Calcom Vision – Say yes to LED (09-09-2023)
BLDC fans – TAEHWA Enterprises JV.
Calcom Vision – Say yes to LED (09-09-2023)
AR – Calcom – BLDC + EMS
Smart Energy meter & EV chargers sees a mention in their AR.
HBL POWER SYSTEMS: Booting-up for the Race of the Century (09-09-2023)
Did they have a call today?
Gufic BioSciences Ltd (09-09-2023)
Average expected loss rate has decreased as a trend, still doesn’t answer what you pointed out and should be clarified on call.
But, as receivables took a jump, this might show the current average expected loss rate lower
Just an Observation
PNGS Gargi Fashion Jewellery Limited (09-09-2023)
Thanks for bringing this to perspective.
I would say GIVA & Kushal Jewellery is more appropriate comparison to Gargi.
Clearly Gargi has a lot of work to do vs. them.
But one also needs to consider that Giva specially is more of a online focused brand vs. Gargi being more heavy on Brick & Mortar stores.
My person view: PNGS Gargi has to work a lot lot more of online work to do to even match competition like Giva / CaratLane & others.
Disclosure: Invested
Gufic BioSciences Ltd (09-09-2023)
The second picture is important.
140cr is less than 1% default probability. Overall he expects 2.1% to be bad debts out of total debtors of 209.84cr. And it says Undisputed Trade Receivables – Considered Good, in Considered Doubtful the section is blank.
It is scarily presented by writing the words “Credit Impaired”, because only 1.08cr of debtors seems to be impaired at 96% default probability.
Rest of “credit impaired” debtors seem to have a much lower default probability rate.
He had also said in one of the concalls 2-3 qtrs ago that the working capital increase which has impacted cash flow will reverse in the coming FY, we should see positive OCF again in 6 monthly statement. Nevertheless we should ask about this in next concall to have 100% clarity. Hope this helps.
Gujarat Themis Biosyn Ltd – Bulk Drugs growth momentum (09-09-2023)
Can you share sources how anti dumping from china is helping this co?
Cupid Ltd – Helping the world play safe! (09-09-2023)
Aditya Kumar Halwasiya is additional director in Apollo Micro system and his bio as below (from AR):
Mr. Aditya Kumar Halwasiya holds a Master’s degree in Global Finance from Fordham University, New York, USA, and a Bachelor’s degree in Commercefrom St. Xavier’s College, Kolkata. He is a Dynamic 3rd Generation Entrepreneur, Investor and Scion of the Pan – India Universal -Halwasiya Group founded by the Late Shri Madan Mohan Halwasiya in the early 1960s. The Universal-Halwasiya Group has a Turnover in excess of INR 2,000 crores annually. He is a shareholder & director in the automobile, industrial oils and specialty chemicals Manufacturing company Universal Petro-Chemicals Ltd and actively looks after business marketing since 2019. He has an advisory role since 2019 in the family concern Columbia Petrochem Ltd also in the automobile, industrial oils and specialty chemicals business. He actively manages and oversees a sizeable portfolio of Capital Market Investments and Real Estate Investments & Projects in India.