The market seems to be bullish on the CNC manufacturing sector growth. The stock price has got re-rated even though the results have been along or below expected lines until now. Whether the next few results will be on the lines of the now higher expectations or not, remains to be seen.
The stock looks good for the long term although the short term is not clear. I have sold a large part of my holdings but may add on dips over the next few months if the strength in stock price sustains.
The market seems to be bullish on the CNC manufacturing sector growth. The stock price has got re-rated even though the results have been along or below expected lines until now. Whether the next few results will be on the lines of the now higher expectations or not, remains to be seen.
The stock looks good for the long term although the short term is not clear. I have sold a large part of my holdings but may add on dips over the next few months if the strength in stock price sustains.
Here’s a talk by dr. prashant mishra on youtube.
He routinely finds small/micro cap gems and also shares very detailed threads on finding them.
He was also very vocal about the rampant medical charity fund raising frauds that happen.
Here’s a talk by dr. prashant mishra on youtube.
He routinely finds small/micro cap gems and also shares very detailed threads on finding them.
He was also very vocal about the rampant medical charity fund raising frauds that happen.
Hi @vjf_0907 Would you mind sharing - Why Suven?
Hi Ashwin, thanks a lot. The structure pre and post was quite complex to understand at once.
I understand that you are actively tracking Revathi, wanted to know whether you find some arbitrage here or growth opportunity post the demerger. I started reading their AR, they are expecting good growth going forward. Would love to know about your view
The last time they guided this industry went into the down cycle.
Deven bhai… Caravana is in a similar field. But, with a fundamental difference. They are used car dealers. Whereas, Cartrade provides tech.
Caravan would invest in cars they’d want to sell, Cartrade doesn’t do that. It is an asset light model.
So, the revenue model is very different. Cartrade’s revenue comes from putting tech in place for online car dealers, sellers. They are a Platform as a service (PaaS).
One of their platforms facilitates sale of new cars as well (cartrade.com). There is one for car auctions etc.
What I like about this company is their asset light model.
Fixed Assets 1041 Cr
Intangible Assets 898 Cr
Net Fixed Asset only 143 Cr, against this they have generated revenue of 82Cr in June quarter alone. And I believe they are just getting started. Unique user growth YoY is 47% That I find very interesting.
They have cash reserves. I want to know what are their plans to invest this cash, and will it successfully add to the top line.
As per capital income grows the used and new car market segment will grow. Cartrade Tech is the undisputed online leader. All we need to know is whether the management is astute enough to ride this wave.
Q4FY22 Concall notes:
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Disc: not invested, Started reading about CNC machines. Although the area doesn’t look so promising, Macpower alone is sure a great company.
This looks like a very balanced article to me. In fact, it is a buy recommendation. Are we talking about the same article?
Rs 631 a share is not cheap or a bargain to pay for Intellect Design, but given the growth potential, it seems to be a reasonable price to pay for this company.