Just to add to what Nalini shared, they have recently hired Mr. Sanjay Kumar as head of operations, who wast earlier cluster head for instant noodles Wai Wai and before that with Nestle, handling four instant noodle (MAGGI) manufacturing lines having capacity of 150 tonnes per day.
As of now I am myself not too sure about the sector as a whole. So better not go into names at this juncture.
great news for company…
Anyone attending AGM on 13th ?
If ROE < profit growth, then to sustain the profit growth the company has to either take debt or dilute the equity. I have heard something on the similar lines.
Can someone help me understand it mathematically?
Please take the examples of turnaround and one normal company.
Thanks Nalini for sharing some insights from AGM. Much appreciated. I was going through the concall of Bikaji foods and it seems that they are also investing heavily and focusing on rural India (Bharat) in the likes of UP, Bihar and Eastern part with Rs 5 packets products (Impulsive category). So i wanted to understand from learned people on this forum that:
Happy to be proven wrong and hear some different perspective from the learned members.
Its temperature is not homogeneous. You have a look at your portfolio, consider the business prospects, consider the valuations, and then make a decision on a per stock basis. Don’t get swayed by macro noisemakers, they will fill your ears, not your pockets. If a stock has a long runway ahead, unless its obscenely valued (>80 PE), stay put. As long as you feel growth rate can justify valuation, no need to worry. Even if price falls, you can own more of that business.
Depends on your thesis for buying in, whether you wanted to simply play the PE expansion and exit once your targets are met, or whether you want to stay in the game for longer.
Never wait for the market to tell you when to exit, always stick to your rules/plans based on your time horizon, return expectations and risk appetite.
Indicators don’t guarantee anything. US Government Bond Yield Curve Inversion typically an indicator of recession. We all know how that played, and those who sold thinking the market will go lower are either biting their nails from the sidelines or Fomoing at higher prices.
Disclosure: 75% of my portfolio are small caps. Continue to hold unless I get extreme lucrative exit deals
Most probably, I’ll be attending the AGM.
@avneesh @Deven @somu0915 and seniors.
I am newbie and Since my PF is 87% small caps…it has ran very hard and fast since march end.
Nowadays, i keep coming across same news regarding small cap space being over heated.
I refer to another recent thread on small cap.
My query –
1.How hot is small cap space ?
2.Is it possible to dentify that its time to get off the party while its still on ?
3.What indicators can be helpful and if we can stay clear when the tide is about to turn ?