Thanks Vinay, so FnO makes it volatile.
Posts in category Value Pickr
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (18-09-2015)
Very well put Hitesh. PI is a multi year story. And to an extent not totally dependent upon monsoon.
Jubilant life sciences (18-09-2015)
Company has definitely turned the corner on the margins front.What impressed me was the 30%+ kind of EBITDA they make in Pharma division.LSI business also showed a strong margin performance.Revenue growth should pick up in coming quarters.Moreover,JLS got 2 USFDA approvals in Q1,and expects some approvals every quarter.Radiopharma is another interesting segment.
Some news today: http://www.bseindia.com/xml-data/corpfiling/AttachLive/73E8CC0D_91C6_4FBF_8AAB_DF7FEB11ADC6_122247.pdf
Disc.: Invested.One of my top holdings
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (18-09-2015)
sir as most of its csm business comes from japan, recent downgrade will affect going forward?
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (18-09-2015)
sir i m also an investor with a long term view, but its taking all of us on a rollar coaster ride, will definately call u on it
POKARNA LTD ( Stock opportunities ) (18-09-2015)
Pokarna's Quartz exports to US were 98cr. Assuming $10 persqft realization, the volume must be 1.6 lsqm (15.6 lsqft). Extrapolating monthly US imports to annual (potential error), imports from India were 21 lsqft. Its quite possible that majority if not all of India Quartz exports are from Pokarna, especially since it is the only company with Breton technology in India.
But extending the same logic further, they sold 37 cr of Quartz to ex-US destinations. Considering the production of 3 lsqm, the volume of ex-US Quartz sold was 1.4 lsqm. This means a price realization of $3.9 per sq ft which seems too low. Why would they sell at such low prices elsewhere?
Similar issues crop up when tying up the granite story. Maybe I'm missing something, so would love to hear from you all.
POKARNA LTD ( Stock opportunities ) (18-09-2015)
Have to look at competition as well,
In Granite, Canada stunned by growing 10times last year
while in Quartz Turkey and Czech Reb have gained huge scale.
I guess they have eaten market share from Spain
IDFC Special Situation September 2015 (18-09-2015)
wats the ex date on this 1.
Prof. Sanjay Bakshi’s Lecture link (18-09-2015)
I have learnt so much from Prof Bakshi and his blog articles. He is a good teacher. The only criticism can be about his presentations. I did not enjoy even one. I was like on the edge of the seat...uncomfortable...because I felt he was not very comfortable. He looks very uncomfortable in front of crowd and his delivery is too fast, subdued tone and awkward kind. He will be even more effective if he improves his presentation. Otherwise a top notch teacher of value investing in India. And very generous teacher I would say. Would love to meet such remarkable person.