@ raku
Sorry for spellcheck error in my previuos post
Posts in category Value Pickr
KRBL- The King of Basmati rice (30-08-2023)
KRBL- The King of Basmati rice (30-08-2023)
@ raku
Sorry for spellcheck error in my previuos post
KRBL- The King of Basmati rice (30-08-2023)
@ raky Buyback is one of the ways an investor can benefit but ut is not the only way. In my humble opinio Wealth is created only if you study the stock, monitor it, allocate wealth and sit on it for long term
There are few things going on for krbl
- The buyback where the record date was 25th Aug after which you are not eligible for buyback of shares bought thereafter
- There is ban imposed by govt on non basmati rice and recently have also put a 20% export duty on paraboiled rice, inspite of these the stock is trading near it 52 week high
- Q2 is expected to give decent result as the procurement season is in Q3 and Q4 where the inventory levels will be high impacting the topline
4.From 1st Aug 2023 govt has made it mandatory to sell basmati rice in packages so these regulations will elevate benchmark of basmati rice and help in increasing sales.
5.Distribution is now setup in saudi arabia and sales expected to start from 15th August 2023 so 45 days of Q2 will witness sales numbers from Saudi too - Company aiming to distribute 15% of pat as dividends, also ongoing capex is around 200 to 250 cr and not to mention that if Govt decides to lift the export ban than stock price will witness a bug jump
I believe that most of the people dont buy stocks from a buyback prospective, the long term returns matter if company is solid. Happy investing !!!
KRBL- The King of Basmati rice (30-08-2023)
@ raky Buyback is one of the ways an investor can benefit but ut is not the only way. In my humble opinio Wealth is created only if you study the stock, monitor it, allocate wealth and sit on it for long term
There are few things going on for krbl
- The buyback where the record date was 25th Aug after which you are not eligible for buyback of shares bought thereafter
- There is ban imposed by govt on non basmati rice and recently have also put a 20% export duty on paraboiled rice, inspite of these the stock is trading near it 52 week high
- Q2 is expected to give decent result as the procurement season is in Q3 and Q4 where the inventory levels will be high impacting the topline
4.From 1st Aug 2023 govt has made it mandatory to sell basmati rice in packages so these regulations will elevate benchmark of basmati rice and help in increasing sales.
5.Distribution is now setup in saudi arabia and sales expected to start from 15th August 2023 so 45 days of Q2 will witness sales numbers from Saudi too - Company aiming to distribute 15% of pat as dividends, also ongoing capex is around 200 to 250 cr and not to mention that if Govt decides to lift the export ban than stock price will witness a bug jump
I believe that most of the people dont buy stocks from a buyback prospective, the long term returns matter if company is solid. Happy investing !!!
Sirca Paints India Limited (30-08-2023)
Hi Friends ,
Still not received Sirca paints dividend 1.5 per share
Ex date was 18 Aug and no transaction on that day
Transfer Agent is Kfintech
Kfintech is showing no dividend pending
Did you guys received the dividend ??
Did not expected this from management
I have received many dividend in aug 23 but not received Sirca paints dividend
Sirca Paints India Limited (30-08-2023)
Hi Friends ,
Still not received Sirca paints dividend 1.5 per share
Ex date was 18 Aug and no transaction on that day
Transfer Agent is Kfintech
Kfintech is showing no dividend pending
Did you guys received the dividend ??
Did not expected this from management
I have received many dividend in aug 23 but not received Sirca paints dividend
Apollo Pipes Ltd. ~ From the house of APL Apollo (Erstwhile Amulya Leasing & Finance) (30-08-2023)
APL belong to elder brother and Apollo pipes belongs to younger one of the same family but not stake. They share common brand promotion and network. Chances of merger to become an empire in that category is bright if everything in the family goes well and smooth.
B C C Fuba India Ltd: PCB Manufacturing Nanocap (30-08-2023)
I do not have enough data to be fully convinced that they are manufacturing complex PCBs (end-to-end)
Adding some information that I have learned over the weekends:
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It seems that there are multiple LinkedIn pages for the company. The other page seems to indicate that BCC could have have more than 5 tech employees. If this is correct, then perhaps they aren’t as understaffed as I was assuming earlier – page I found earlier v/s i found now
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Never have been inside a PCB manufacturing factory, so have been relying on the internet to understand the same. Here’s an example I found. This should give a basic idea of the complexity (for eg: no of steps and human intervention/staff). One might also want to compare the first video with this one
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Have been trying to reach out to employees of BCC Fuba – although not had much luck so far. Planning to review this after their AGM
Disclaimer: Not invested in BCC Fuba. I am not a SEBI registered advisor/analyst and this isn’t a buy/sell recommendation. I may be wrong or change my views anytime without informing anyone.
Sparc Electrex Ltd – Nanocap (30-08-2023)
(post deleted by author)
Websol energy system ltd (30-08-2023)
This will be a bad move if materializes in future. Already a thin margin business. Taking up EPC just for forward integration which has many socio-political variables which are beyond company’s control would further reduce the margin. The management should rethink.