they recently purchased land as mentioned in one of their concall, probably this land parcel maybe an old one. i will try and find out. probably send out an email to the management
Posts in category Value Pickr
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (10-09-2022)
Coming quarters will show the actual position. They are doing well in f&o. As per the chatter in brokerage ciricles mstock and bfsl are also making big strides in client acquisition and they also have superior products than angel is currently offering like mtf interest rate 8 percent. The stock is a buy only once it is crossed it’s all time high with volumes. Otherwise it may struck in a range.
52 week highs and all time highs strategy (10-09-2022)
Zomato is forming the Inverse Head and Shoulders pattern which is a reversal pattern.Stock has been in downtrend from 9-10 months.It hit the all time low of 40(block deal news) in august and recovered quickly with good accumulation. Trend can be reversed once it breaks the neckline of 64-66.I have entered around 59 in the anticipation of pattern to play in short time.
SJS Enterprises Ltd (10-09-2022)
Civil disputes are long drawn and subject to appeal in higher courts by the loosing parties. The land was purchased in 2001 and it is not known when the dispute was raised and at what stage the dispute is currently pending at the court ( at the lower court or at the appeal stage). Management should think of alternate site for Capex if they want to fast track the Capex plans.
Godawari Power – Any Trackers? (10-09-2022)
Excellent point.
The market is also viewing both Tata steel and GPIL in a similar way and giving similar valuations-
Investors should be forward looking and I have following questions from the investors in the market and esteemed analysts on this forum-
- What’s the forward 1 year PE (approximate range/number) of Tata Steel and of GPIL?
- When will the license of Tata steel low cost mines expire? and when will the license of GPIL low cost mines expire?
- What is the estimated (approximate) next 3 year and 6 year- volume growth rate for Tata steel and GPIL?
- What’s the annual basic maintenance capex for Tata steel and GPIL (as a percentage of FY 23 estimated EBITDA)?
Can you please share some insights here? @value2017
Great articles to read on the web (10-09-2022)
He himself has said in many of his interviews that initially he invested money of his CA brother’s clients and made money on that. He also said that he used to get his capital for investment from his trading. So obviously he invested lots of his money from RARE enterprises as well as trading profits. These are all stories like Purana and Jatak katha. We should take them with trucks of salt. After all there is no audited statements or records to verify all these claims.
Godawari Power – Any Trackers? (10-09-2022)
Tata Steel a fully integrated steel player is available at PE of 3.31… peak valuations at lower PE that is the nature of cyclical industries.
Great articles to read on the web (10-09-2022)
Hi @Chumantar,
Just a novice question to ask. As per the article, did Mr. Jhunjhunwala never infused any capital from outside apart from that initial 5k investment, throughout his investment journey?
Metro Brands – marketing footwear (10-09-2022)
Interview with Mr. Nissan Joseph, CEO of Metro Brands