@Ascendant Is Beat The Street your own twitter handle? BTW, you warned everyone and predicted this saga long back. Kudos!!
Posts in category Value Pickr
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (16-05-2024)
That’s why they foraying into the wealth managment with a strong team so that can be balanced with a new vertical and also capitalising on the cash market numbers getting strong and investors thinking of preserving wealth that they have mad in last 5 years through either derivatives or speculative investing
INOX Wind (16-05-2024)
Stock reversed beautifully from the trendline as shared above. Interesting development in the inox gfl group
https://x.com/etnowlive/status/1790955498096959957?s=48&t=taDyVj4_oT168hw6IQLVFA
Lt foods (daawat) (16-05-2024)
@yashchandak KRBL last few years are very turbulent. In one Quarter they were able to export high broken rice and in other quarter, very high bulk export, in one quarter they have Saudi sales starting and in other quarter Saudi sales back to zero. In one quarter, a bulk shipment is not delivered to client and revenue got deferred to other quarter.
I would recommend you read concalls of LTFOODS and KRBL for last 5 years, You will neither find positive nor negative surprises from sales perspective for LTFoods except impact of soya sale due to US anti dumping duty. But in KRBL, you will find lot of these surprise both on positive and negative side, which makes their revenue to fluctuate lot higher even after factoring rice/paddy price fluctuation, this makes their Ebitda all over place
When it comes to LTFoods margin, In presentation you can find the Rice segments margin, you will find fluctuations, but offcourse not to the extent of KRBL which is due to their own problems
Q1 - 12.9%, Q2 - 13.9%, Q3 - 14.8%
Pricol limited – OEM automotive (16-05-2024)
As per today concall Management has lowered the F.Y 2026 revenue guidance by 10% to 3600 cr ,earlier management guided for 4000 cr revenue and also export guidance lowered to 10% of sales instead of earlier 20% .
Sanghvi Movers (16-05-2024)
EPC guidance is 200-250 Cr, which will also contribute to the PAT plus this is order book as start of this year, company will get more orders eventually.
Sanghvi Movers (16-05-2024)
I read somewhere that this 250-300 Cr capex is aligned towards crane business , as Rahul pointed out that 100 Cr addition of gross block gives an additional PAT of 7 Cr than on an 300 Cr capex the PAT gorwth is 21 Cr . This over a base of 188 Cr - FY 24 bottomline is just 11% PAT growth - (given the utilization and yield remains at current level) in upcoming FY from the core business , EPC excluded . Can someone help me understand what am I missing out ?
Great Eastern Shipping (GE Shipping) – Possible Sleeper? (16-05-2024)
ship order is all time low, and still no one is buying new assets even when crazy prices on ton mile currently. if you look at stocks like Scorpio tankers, even they are clearing debts , but no addition of new ships…as you rightly pointed 40% EPS degrowth and still stock should make decent profits plus will be zero debt shipping company…
Sanghvi Movers (16-05-2024)
Concall Highlights Q4FY24
- 334 Cr capex completed in FY24, added 34 cranes and 44 other equipment.
- Sold 32 cranes in FY24 and generated profit of 18 Cr.
- 31st Mar 25, fleet of 336 cranes ( 2490 Cr)
- 18th Apr 25, Order Book 426 Cr ( Cranes + EPC )
- Yield to be remain between 2-2.2% in FY25.
- 250-300 Cr capex for FY25 - should be done by Dec 24
- EPC revenue significant contribution for FY25 ( 200-250 Cr) , 10x of current
- Ebidta to go down by 2% for crane business.
- 82-85% capacity utilization.
- No forward guidance for sales.
- Order Book 300 Cr → 620 Cr ; 426 Cr → extrapolate
- Asset gets freed in 4 yrs, sell the asset in 40-50%.
- Capex will be funded 70% debt, 30% internals.
- Would like to keep cash on hand.