Anna and Nirvana, 170Cr is a decent chunk, wudnt you say? Almost 20% of Cash holding.
Buyback li,e this and 30% div payout definitely speaks to mgmt confidence.
DISC - invested, Doubled down at low 700 bringing my avg price to 1000. I am an IDIOT and a rank amateur. NOT A RECOMMENDATION
Posts in category Value Pickr
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (08-09-2022)
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (08-09-2022)
Anna and Nirvana, 170Cr is a decent chunk, wudnt you say? Almost 20% of Cash holding.
Buyback li,e this and 30% div payout definitely speaks to mgmt confidence.
DISC - invested, Doubled down at low 700 bringing my avg price to 1000. I am an IDIOT and a rank amateur. NOT A RECOMMENDATION
Inflame Appliances (08-09-2022)
5th AGM link and summary notes (conducted on 31st Aug 2022)
https://inflameindia.com/downloads/announce2022/INFLAME_AGM.mp4
Currently, main focus of the company is to grow chimney volumes; Household chimneys are expected to grow in excess of 15% per annum. Chinese imports continue as market is large and growing. Indian market size for Chimney is 2.2 mn per annum. Market opportunity is large - targets to capture over 30% market share in the next 5 years. Current company’ market share is 5%
Currently 2 clients account for 60 to 80% of topline ie Hindware and Sunflame. Company intends to diversify its client profile with growing volumes.
Sharp growth in volumes expected in FY23: Immediate goal is to achieve over 2 lakh units of chimneys (ie 18 to 20k per month) from both plants ie Panchkula and Hyderabad (current output was less than 1 lakh units). Post achieving 2 lakh units, then will consider introducing other products.
Plan to set up plants in other locations in the country, given that chimneys are bulky products and logistic costs are high
Company believes that as scale increases, and RM cost will reduce and EBITDA margins can improve
Cash flow has improved due to bill discounting of receivables, but reflected in Rs 1.3 cr of finance cost of Rs 1.3 cr
Inflame Appliances (08-09-2022)
5th AGM link and summary notes (conducted on 31st Aug 2022)
https://inflameindia.com/downloads/announce2022/INFLAME_AGM.mp4
Currently, main focus of the company is to grow chimney volumes; Household chimneys are expected to grow in excess of 15% per annum. Chinese imports continue as market is large and growing. Indian market size for Chimney is 2.2 mn per annum. Market opportunity is large - targets to capture over 30% market share in the next 5 years. Current company’ market share is 5%
Currently 2 clients account for 60 to 80% of topline ie Hindware and Sunflame. Company intends to diversify its client profile with growing volumes.
Sharp growth in volumes expected in FY23: Immediate goal is to achieve over 2 lakh units of chimneys (ie 18 to 20k per month) from both plants ie Panchkula and Hyderabad (current output was less than 1 lakh units). Post achieving 2 lakh units, then will consider introducing other products.
Plan to set up plants in other locations in the country, given that chimneys are bulky products and logistic costs are high
Company believes that as scale increases, and RM cost will reduce and EBITDA margins can improve
Cash flow has improved due to bill discounting of receivables, but reflected in Rs 1.3 cr of finance cost of Rs 1.3 cr
Nesco (08-09-2022)
Any idea why prices are up 20% in last two days.
Regards
Nesco (08-09-2022)
Any idea why prices are up 20% in last two days.
Regards
Aurum Proptech (Majesco) (08-09-2022)
Finally Investor Presentation .vvvvvvv
Where can I check their real estates that have come along with Majesco acquisition ? Could someone please help me on this ?
Mahindra & Mahindra Ltd. – a federation! (08-09-2022)
Mahindra and Mahindra is now the secondmost valued car maker in India.
Nikhil’s Investment Journey – Past and Current (08-09-2022)
Very interesting read, I too am 47 years old and though I am working, its like quiet quitting. I have stopped asking for any rise, more career growth as I am WFH rightnow and in no mood to rejoin office:joy:.
I have made some serious money in markets, first as lucky idiot in F&O during 2007. Used 70% for home emergency, rest all wiped out in 2008 crash. Entered again in 2013 when Some capital start coming in from expenses. Capital multiplied by 120X by 2017 from 2013. Kept putting bonuses, savings in stocks. Made 5X gains in 2 Infra stocks, Believed in large bets and traded heavily, including F&O. Took out 40% capital by Feb 18 as i could sense short term rate rise. Lost 80% or remaining by March 2020, major drags on PF, Force motors, PC Jewel, Yes Bank, Reliance power, Infra, Capital. Lost 10 lakhs in yes bank only.
With remaining capital of X, my current portfolio is 16X rightnow. Major blockbusters, Tata Motors, 8X, Rushil Decor, 7x, SHIL, 6 X, KPR Mills 4.5X Apollo tyre, PCBL 3X, Varroc 4x, Shoppers stop, 2.5X, ABFRL, 2 X 20% holding of core portfolio. My current investment thesis is to focus only on safety of margin. Avoided crash of IT stocks as i was never convinced of valuations, avoided Banks as Yes Bank was a major eye opener. Organized retail is 60% of my PF including ABFRL, INOX, Shoppers stop, Arvind Fashion, and others are small caps top researched myself.
Kiri Industries: Loan reduction and demand surge (08-09-2022)
As per Nov 2021 article, in Vibrant Gujarat Global Summit (VGGS) Kiri Industries committed for investing Rs.2900 Crs for manufacturing Aniline, Nitrobenzene, Nitric Acid, m-Phenylene diamine at Dahej under its MDI complex project.
Attaching link for reference below:-
https://www.business-standard.com/article/economy-policy/state-attracts-mous-worth-over-rs-24-000-crore-ahead-of-vibrant-gujarat-121112201026_1.html
In CY 2021, two companies were incorporated by Mr. Kiri - Indo Asia Copper and Kiri Renewable Energy Private Limited. In June 2022, there was news related to Kiri acquiring 81% stake in Indo Asia Copper.
In Nov 2021, in the same investment summit, Indo Asia Copper signed an MOU for investing Rs.8500 Cr for a copper smelter plant and fertilizer complex in Ningala village of Rajula Taluka of Amreli district of the state.
Article Link:- Gujarat government has signed MoU with many companies | NewsTrack English 1 (newstracklive.com)
It will be interesting to follow the path chosen by Kiri industries as and when they receive bulk cash inflow from senda case
Disc:- Invested, Not an Investment Recommendation