UPL was in my radar since 18-19 when i had traded it for an year long investment . It has changed since then – has become great distribution channel , available at lowest valuation since 2014 (baring 2020) and could become potential 2-3 bagger in next 2-3 years . Headwinds are temporary and thats why we are getting it below 1x sales valuation.
Posts in category Value Pickr
KDDL (Ethos Watches) – Scalable business model at an inflection point? (27-08-2023)
Just trying to connect the dots ( My personal view)
Though KDDL is holding company of Ethos, what makes it different from other holding copanies, is its own business of manufacturing and supplying watch dial & watch hands to swiss luxury brands like Swatch, Tag Heuer, Gucci, Edox, etc.( Source – screener.in)
Even after the trend of Smart digital watches, the craze of the premium watches is not dying and in fact, its increasing. So growth looks eminent for both Ethos & KDDL.
So whats the Dot to Connect ?
I am comparing KDDL to RACL geartech. RACL manufactures and exports gears for premium bikes in Europe. So this is nearly same thing what KDDL is doing. So for KDDL, future looks good just like RACL geartech.
Again personal opinion.
Disclosure – Biased as invested from 1500 levels and avergaging up slowly. Now 2.5% of portfolio.
regards,
dr.vikas
Indian Energy Exchange (IEX) (27-08-2023)
Indeed, lot of interesting and transparent debate. One specific point in this staff paper on market coupling that catches attention is as follows:
“5.2.4. Given the existing market share of power exchanges in the collective
transaction segment, it seems that while the implementation of market coupling
may not cause any major change in terms of price discovery, the bids could be
divided among the exchanges, which at present are concentrated in one
exchange. “
Doesn’t this mean that irrespective of market coupling, IEX would continue to enjoy the dominant position since, due to high liquidity, the optimum prices would mostly be discovered on IEX?
I have 2 basic doubts with respect to the market coupling mechanism in the context of above point:
- Can the actual power transaction be executed on any exchange irrespective of which exchange the best price was discovered on? So, say the discovered price happened to be quoted on IEX, can the transaction still happen on HPX or PXIL?
- From who’s perspective is the best price defined? Seller’s? Buyer’s? Government’s? End customer’s? Industry’s? A corollary to this question is: Say if the bid with the best price from seller’s perspective is offered on Power Exchange A, but the best bid from buyer’s perspective on Power Exchange B, will the final transaction happen on A or B or will there be transactions?
Request the experts to kindly throw some colors. Sorry, if the question is a mistaken interpretation of concept itself.
Nifty PE after all earnings have been declared (27-08-2023)
Accrording to Trendlyne Nifty EPS on 15-Jul-23 is 816.55 and on 25-Aug-23 it is 876.52 which is 7.3% growth q-o-q still no match for 32% growth mentioned by Motilal Oswal.
Avantel (27-08-2023)
MOA with department of meteorology
KSE Limited — Interesting Business (27-08-2023)
AGM Proceedings.
KPI Green- Turning Sunshine Into Cashflows (27-08-2023)
Kpigreen QIP .board meeting on 1st September. Will sooth a lot of nerves. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a87ffe7-1648-4ac4-b0e2-dcd4864146da.pdf
Hitesh portfolio (27-08-2023)
Thank you for your reply @hitesh2710 ji
Had one more question –
While technically accessing a stock which indicators do you use and how much weightage do you give to indicators like RSI , MACD , bollinger bands and EMA’s
Birla Cable – Fibre Optic Player (27-08-2023)
The Union Cabinet approved an allotment of around Rs 1.3 trillion (₹ 130,000 crores) for the next phase of BharatNet.
Birla Cable, Universal Cables and Vindya Telelinks hit their respective 52-week highs and zoomed up to 20 per cent, while Sterlite Technologies and HFCL rallied 8 per cent and 9 per cent respectively.
PayTM (One 97 Communications Ltd) (27-08-2023)
Many people assume that soundboxes are a gold mine for payment companies and present a billion-dollar opportunity to expand their bottom line.
However, everything that shines isn’t gold. Neglecting the popular belief, the soundbox business doesn’t make much money and brings losses to the payment companies.
Presenting an article to showcase the reason why and who is actually benefitting from these soundboxes.