Very insightful interview, management covers their diabetes and CV launches along with the rationale for Oaknet acquisition. Also, they mention that current rules will mostly impact trade generic companies.
Posts in category Value Pickr
Mirza International – consistent performer but undervalues at present? (08-08-2022)
Stellar Q-1 from Mirza International
Best ever Q-1 on all fronts
Sales at 484 Cr (Growing QoQ as well as YoY)
EBITDA at 76 Cr (Growing QoQ as well as YoY)
Net Profit at 41 Cr (Growing QoQ as well as YoY)
If we look at Redtape numbers seperately, they have also posted their best ever Q-1 in terms of Sales & EBIT :
Sales at 310.35 Cr & EBIT of 42.74 Cr
Even if we look at last 5 quarter numbers, Q-1 is the best in terms of EBIT & margins :
Q-1 EBIT is higher than Q-3 EBIT : just WOW !!
Numbers are way above my estimates & I hope that they will continue this performance.
D - Invested from lower levels.
Hitesh portfolio (08-08-2022)
Hi hitesh bhai, you recommended shaeffler India for a technofunda bet about a year ago. The stock did fantastically performed and reached a peak of 2000 then it sold of to 1800. some time ago in March 2022 I asked for your opinion on the stock as it already had significant run up from your recommended levels. Then you replied that you exited counter at 1800 and don’t expect any major move. But to our surprise the stock went up another 50%.
My question is how can we avoid missing such moves even when we have identified the counters for technofunda bets.it happened with me alot in recent times as I was looking for opportunities to go in using technofunda method. I waited for laurus labs to correct till 450 levels to buy but when it did happened i was unable to pull the trigger. Happened in sbi when it was 440 and happened with icici bank at 680 and in many more counters. I wanted to buy stocks for 10 to 20 percent up move within 1 to 2 months. Most of the times the stock making the move but I’m unable to hold the position for the entire move. I’m able to capture only 2 to 3 percent or exiting the loss. Could you suggest any psychological or anyother changes in my approach? Or in general the desire to stop booking the small profits and hold for larger gains.
Thanks in advance
Hitesh portfolio (08-08-2022)
IMHO, When it comes to winning elections, politicians are hardly bothered about logic or long term benefits.
Government has introduced fee reduction in 50% seats in private medical colleges without any thought about how to compensate them.
Many private medical colleges will struggle for survival.
Regards
Krsnaa Diagnostics – what is the diagnosis? (08-08-2022)
They have uploaded the audio on their website but not to the Exchanges
Satia Industries – Journey towards Cyclical to Shallow Cyclical? (08-08-2022)
Screener info is not correct – I have double checked that from BSE website. In CY 2021 – they did 4 concalls – notification for each was sent along with the results. Perhaps the management is busy with sth more important. I am pretty confident that they will do a concall.
I think screener scrapes some keyword like ‘Earning Call’ that’s why it didn’t scrape all four.
Disc.: invested
Hitesh portfolio (08-08-2022)
Yesterday attended a twitter seminar having Sajal sir. He said this is not practical because
- Unbranded generics are cheap for a reason. u wont step into the factories of them bcz they are in bad shape. There is nothing like USFDA in India to control quality.
- Medical professionals also dont like them because if it takes 2 pills and 2 days hospital bed for a patient to recover with branded ones then with unbranded generics of low price it takes 20 pills and 7 days.
- Absolute profit earned by selling one pill of unbranded generic is much lower than branded one. So to make same profit the pharmacist has to sell more pills.
Hence it’s not viable and sajal sir told this type of things makes no sense for neither the doctors, nor the patients nor the pharmacist. Only government gets some credit for bringing down medicine price but at what cost? india is already the cheapest producer of drugs. How do u make some thing more cheaper when it’s already cheapest in the world.
Hitesh portfolio (08-08-2022)
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Hitesh portfolio (08-08-2022)
Hitesh sir, you have multiple trading bets in the hotel sector. I have couple of queries related to it:
1/ How long is your time horizon for these bets (2-3-6-12 months)?
2/ Most of these stocks are already up 50%+ so far in 2022, so how do you see the valuations of these stocks (are these still undervalued or now fairly valued)? how much more upside are you expecting in hotel stocks from here on as per technicals?
Thanks much in advance