@vardharaj Sir any comments on the 2015 Annual Report? Aren't they diversifying too much ? Suddenly everybody wants to ever PVC segment. In the report, they said that they have already started production but I did not see any revenues from that division. I hold it as a conviction stock with 10% of my PF. Added all at 675 price recently
Posts in category Value Pickr
Indian terrain—play on consumption (28-09-2015)
Hi Tushaar,
I think he meant to say that working along with Jabong and myntra to sell garments online, Indian Terrain will hold inventory for them(jabong, myntra) and in return will command 200 bps higher margin by selling online. So holding inventory will cost some 30-40 lacs, and in return with 30 crs sales online (10% of total sales) incremental sales will be around 1 cr (that's a guess I think). Not a wise decision, coz it will block more money in working capital and require additional money as sales increase, which is kinda anti-moat(coining a new term here).
Hope it explains.
Control Print – Deservers attention? (28-09-2015)
Vardha,
One more point to highlight is some comparison with suzlon, Opto and EPC companies. Please cheque gearing and free cashflow and dividend payment. While control print is not A+ business model, it is definitely fit B grade and not D grade model which are cited for comparison. EPC countries need to infuse capital in business and Sulzon Opto has constant debt funded acquisition. Both these issues are absent.
Again, my view may be biased due to my holding and investor shall do their own due diligence before investing
Control Print – Deservers attention? (28-09-2015)
Point about cashflow well taken. Only limited issue I was highlighting as compared with other sector where high operating cashflow but huge capex requirement would leave very limited free cashflow. While in cash of control print, OCF is almost equal to FCF without any capex. It would be great to get free cashflow business. Control print does not fit into to A+ business model. Hope this bring clarity.
Energy & Transportation disruptions : Impact on Indian companies (27-09-2015)
It has already become quite normal in large cities of Japan to not own a car. Most of those don't even have a driver's licence. The effects of efficient public transportation, parking hazzles and overcrowded roads could lead to reduction in car ownership. And in case of India, as told in a speech by Mahindra, it could be Uber and Ola instead of public transport that could make travel cheaper... Cheaper than actually owning a car. It's all speculation for now though
Arrow Textiles : This Arrow surely going to hit multibagger tag (27-09-2015)
You mean the Mar'15 quarter or Jun'15 quarter?
Technocraft industries (27-09-2015)
Few month back Radhakishan Damani, Kotak Mahindra Investments and Reliance Capital Trust has bought the stock near 250
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (27-09-2015)
I heard it on researchbytes. There's also an interview by mayank singhal on some tv channel i think cnbc. u can google it and get the link.
Kaveri Seeds – Temporary thread for clarifications (27-09-2015)
Kaveri AGM on 29th Sep.Lets post queries for VPers who may attend it.from mine side
1) How big is threat from price control from State govt on line of Maha Govt
2) Whats the status of Monsanto royalty & when n how is it expected to be sorted out?
3) What are the chance of increase in cotton acreage for next season? Will India remain worlds biggest producer?how big is opp size for cotton clothes & garments & why?
4) How big is the threat from CICR new BT cotton included seed expected to be available @150 vs 900 .can it be reused next year also?
5) Will dumping by your competitors stop & steps u rtaking to mitigate it?
6) How is the threat from new Bayer new seed First Class
7)r u developing new seed which r more drought resistant & how to cope with monsoon vagaries?
8) how r u reducing dependency on cotton seeds?
rgds
Lycos internet – way to digitalization (27-09-2015)
They have done a soft launch for wearables with no big marketing in the initial phases to see the consumer/customer response. The spend is bound to be higher as it is a hardware + software business. I guess they are trying out things (btw InMobi has changes its business model a number of times!)
Could you please highlight how does the Alexa rank come into picture for Lycos as they are a digital advertising play. People would not come and visit their site like a search engine or e-commerce company?