You keep on doing samudra manthan. Recently read Pulak Prasad book, where he is talking about becoming permanent owners of the company , never selling, unless business deteriorates. Pls share your views on this.
Posts in category Value Pickr
Gokaldas exports — cup and handle/rising channel (23-08-2023)
Can’t see FTA with the UK happening by the end of 24
- There seem to be 26 chapters that have to be negotiated [Source: Indian Express]
- 14 out of 26 have been finalized in all the talks – till a couple of months bach
- From what I understand, usually one round of talk happens in one month. Not all talks bear equal fruits.
- Remaining year has G20 and then elections. Assuming the focus will be lesser on FTA due to the nature of politics.
https://twitter.com/pforproduct/status/1686079723989090305?s=20
Edelweiss Financial Services (23-08-2023)
No Even I haven’t received in my Zerodha account.
Investing Basics – Feel free to ask the most basic questions (23-08-2023)
you can check here
https://unifiedportal-epfo.epfindia.gov.in/publicPortal/no-auth/misReport/home/loadEstSearchHome
Average salary you have to calculate manually from total EPF contributions divide that by total employee count.
Note: Establishment code is not needed. just enter company registered name and captcha
Power Finance Corporation Limited : Rare profit making PSU? (23-08-2023)
While I used to avoid PSU stocks as risky due to reasons which all of us talk about such as inconsistent growth in revenue and profit, frequent Govt policy changes etc,
However, over a period of time in the market, i realised that stock investment itself is risky whether it is PSU or non- PSU stock.
Even best of the reputed pvt corporates (Non-PSU stocks) with very high P/E also had Corporate Governance issues , tax raids , CFO / Auditor resigning all of a sudden , Inconsistent growth in revenue and profit qoq/yoy and such events were leading to steep fall in share prices. There are many such examples- not taking names here.
Moreover , in spite of excellent growth in revenue and profit , dividend yield of such corporates are extremely low. And some of them were not at all paying dividend over several years
So , i realised there is no reason to be happy with a sound balance sheet.
keeping this in mind I started investing in select PSU stocks with high dividend yield since Covid days of 2020.
Apart from dividend yield , I was trying to identify PSU stocks which have potential for capital appreciation.
During this process , identified some PSU stocks made 3 baskets- one for Defence , another for Railway and the 3rd one for Renewables ( my renewables include PFC & REC)
Happy to share that the entire PSU basket which consists of 30% of my portfolio has given me 3X return ( capital appreciation only – dividend additional) over last two and half years which I am trying to prune now.
In my view , If the Govt continues with it’s current policy of Capex spends for infrastructure building , sticks to made in India theme, the PSU stocks may continue to do well. However , the valuations may not sustain if the Govt makes a u turn in its policy.
Disclaimer: Not a buy or sell recommendation. please do your own assessment before investing.
StageInvesting +Elliot Waves (23-08-2023)
I will be keen to attend but to avoid too many replies, that say the samething again again (with no value addition), can you ask respondents to just hit the like button. Based on that, you will know how many are willing to attend…thx
StageInvesting +Elliot Waves (23-08-2023)
Interested in participation
Investing Basics – Feel free to ask the most basic questions (23-08-2023)
Hi,
Not sure whether this is the right thread to ask this question.
How to check the EPFO details like employee count, Employee average salary or Month on month addition of new employees in a company.
It would be great to provide the details.