I must say very concentrated portfolio. do you now have 100% equity in these two or invested in MF also? Would be good to know you asset allocation percentage like Real rstate, equity rtc. Thanks!
Posts in category Value Pickr
Valiant Organics – High ROCE, debt free (06-06-2024)
when is the con-call for Q4 ?
Amara Raja Energy & Mobility Limited: Powering Ahead (06-06-2024)
Amar Raja, Exide not only cater to EV, they would also cater to renewable energy storage solution for storage of solar wind energy during peak hours of day and release energy during night when Sun light may not be available for Grid stability.
The other storage solutions such as electrolyser would remain expensive for some time and hydro storage may not be possible at every location.
Apart from Automotive applications ( Lead acid and lithium) and renewable energy storage , it would also be a proxy play to the fast emerging data centers.
So it has multiple levers.
Irrespective of the political angle, my preferred pick is amar Raja energy solutions…Valuations seem reasonable , though it has run up quite a bit during last two days. so buy on decline may be a good idea.
Discl : not a buy sell recommendation.
i own this stock …so I may be biased.pl do your own assessment before investment
Gulf oil demerger (06-06-2024)
At the cost of sounding faceticious, you could say it is “Hinduja Group Discount”. Another group company, Hinduja Global Solutions, got a ton of cash by selling its healthcare business. They did pay a good dividend, and did a buyback, but then proceeded to lend a large sum of money to another group company at absurdly low rates.
“Taking some part in cash” could happen for some companies, but here they have no need to - they’re selling it to a non-publicly held group company.
Indiabulls Housing – A compounder from here? (06-06-2024)
Yes, it will be bonus but I would not consider it in my investment thesis as sep 2020 presentation, they mentioned that we should have received 58 rs as dividend for FY24. This is why it trades at half of book value and if you see they also use creative accounting for writeoff as they move money to reserve then debit to write-off hence not in PnL. You can see how they did for AIF.
disc: holding it in my portfolio.
Amara Raja Energy & Mobility Limited: Powering Ahead (06-06-2024)
I don’t think Political play has much do in this case, unlike Heritage Foods. Exide and Amara Raja are both in rally because of their play in EVs. Also they’ve both broken consolidation of many years.
The PSU Rally- Could Another Ketan Parekh Jack Up Prices Now? (06-06-2024)
PSU stocks rise from the rubble as stage set for Modis third term as PM
As market expects policy continuity with Modi3, in my view all capex related themes such as PLI - manufacturing/ Atma Nirbhar Bharat, Railway , Defence , infrastructure, Green Hydrogen, Renewable energy / Solar / Wind / Electrolyser Ethanol / Biogas, PSU banks are likely to do well during next 5 years.
There was an opportunity during last 2 days - though there was a bit of political uncertainty… Had added in to few of the themes yesterday. However , there may still be
pockets of undervaluation in PSU stocks which one can explore…
Discl : Not a buy or sell recommendation. I remain fully invested in PSU’s pack under above mentioned themes from lower level since last 2 years which I still hold. I may be biased. please do your own assessment before investing in PSU stocks.
Heritage Foods Ltd (06-06-2024)
With the rate the stock has risen, political flavour seems to be the reason. With CBN secured at state and necessary at centre, the stock has a lot of political backing.
Gulf oil demerger (06-06-2024)
One reason could be the promoters are taking some part in cash. The lane is in prime area and any developer would readily want to purchase it. I read on Income tax officials raid realty major Phoenix | Income tax officials raid realty major Phoenix that some minister has earlier forced them to sell the piece of land transacted earlier.
Still, even just considering the land parcel of 3402 crores, and that the money would be reflecting in company books in a few months, the company seems to valued low. What going be the cause? Any ideas.