Has the dividend been credited ?
Posts in category Value Pickr
Page industries (12-11-2015)
I mulled.....re-read the entire VPr thread....went through every available news item...did all the math....consulted.....mulled again....finally chided myself on why I didn't act earlier...While I neither require this capital nor I have a comparable alternative stock, its a fact that I might be acting too late and there might be hardly anymore downside left...all said and done, I pulled the trigger y'day...significantly reduced...my reasoning - with lack of growth in the same % as in the past (25-30%), any further PE re-rating may not be easy....Not that Mr.Market will act the opposite of my reasoning. Has happened countless times before but at 17-18% growth as in this quarter, a PE like the current one may not be sustainable was my only reasoning. For all you know, I might get egg on my face, with the management suddenly going against grain and pulling off some stupendous numbers in Q3. I still like the business and its scalable nature but I move on. May revisit, if it falls to 4 digits
REPCO home finance – another Gruh in the making? (12-11-2015)
There is no clear answer to that, it is expensive but has growth visibility for next 10 years and all HFCs are valued relative to each other... It is expensive but can still continue to grow and remain expensive. If any external debacle doesnt happen, it has power to double every three years.
So you have to bite the bullet in hope that growth would continue, growth is the margin of safety in such stocks.
Shilpa Medicare -Racing away on the Oncology API highway! (12-11-2015)
Thanks for the article. Extremely helpful. Apart from the data integrity issues, the USFDA seems to be very particular about training as well as employee hygiene.
Page industries (12-11-2015)
It all depends if you have a better idea than Page or not, but to me two things are sure 1) Growth has slowed 2) PE expansion isn't just possible from here.... so one may hold it as it is indeed a great company but holding more than 20% of the portfolio could be a bit risky.
REPCO home finance – another Gruh in the making? (12-11-2015)
I agree that REPCO has better ROA and ROE will improve going forward. Going forward REPCO will also be able to grow at 20-25% for long time.
But is 4.5-5 X P/BV justified to make a fresh purchase ??
Is it reasonably priced ??
KSE Limited — Interesting Business (12-11-2015)
http://www.bseindia.com/corporates/ann.aspx?scrip=519421&dur=A&expandable=0
Worst quarter results in last 2-3 years. Seems they are heavily suffering due to their inability to pass on RM prices to cattle feed consumers.
Discl. Not invested
How to calculate Index PE (12-11-2015)
Hi,
Nifty is a free float market cap weighted index. For calculating PE of the index, we need price / eps of the index. So we need to calculate eps of the index here. You can calculate that by taking free float market capitalization weighted share of eps of all the underlying 50 stocks. Divide index price by this eps and you will get PE of the index.
You can refer to this link (www.investopedia.com/terms/f/freefloatmethodology.asp) for more knowledge on this.
Apologies if I am not clear here. Answering this in a hurry
Rain Industries – An oversold de-leveraging play (12-11-2015)
The Company has not delivered any returns to the shareholders in the last 7 yrs. The low undervaluation is a myth and if you look at EV/EBITDA, it will compare well with other commodity companies. The Management is not share holder friendly- have not been generous in dividends and buy backs. The market has lost all credibility in the Management and the Company.
How to calculate Index PE (12-11-2015)
Read Krishnarajs post -
Nse website has standalone p/e. You want to calculate consolidated p/e. Every nifty has a weight in the index(which is calculated periodically) and nifty p/e is calculated accordingly.