Lumpiness is one thing, we don’t know weather COVID will be there next year or it will completely disappear. United States is stocking up its paxlovid reserves. I don’t know weather they will place similar order next year or the orders could be zero. Or may be I’m completely wrong. We won’t get clarity unless the management gives us any details.
Posts in category Value Pickr
Great articles to read on the web (27-07-2022)
https://www.youtube.com/embed/mSaco3SXJNM
Prof. Aswath Damodaran revisits and gives his insights on Zomato’s valuation.
Valuepickr goes Europe (27-07-2022)
+1 II am Sbhadti, from Mumbai but based in England UK. Please include me in this group.
+44 7969119496
Navin Flourine International (27-07-2022)
More on hydrofluoroolefins| The end molecule Navin is manufacturing for Honeywell
The global hydrofluoroolefins (HFOs) market is expected to grow at a CAGR of 20.8% during 2017 – 2023 to reach USD 5,784.3 Million by 2023. Factors propelling the growth of HFOs market include exceptionally low GWP compared with HFCs and HCFCs, few facility modifications required to transition from HCFCs, EU regulations phasing out HFO from other fluorinated greenhouse gases, and low to mild flammability.
The increasing use of HFO in refrigeration, mobile air conditioning and foam are attracting the investors to generate business from HFO market. Moreover, environmental issues have made these industries to transit from HCFC to HFO. The companies are now taking lead in manufacturing HFO grades. Industry pioneers have patented HFO and markets them under a brand for instance Honeywell markets HFO under the name of Solstice and Arkema markets HFO as Forane. On the consumer side HFOs are being blended with hydrocarbons and water in order to reduce the incremental operating cost.
- Geographically, North America was holding the largest market share for hydrofluoroolefins (HFOs), in 2016 and is anticipated to dominate the market, throughout the forecast period. Growth of hydrofluoroolefins (HFOs) market in this region is attributed to the stringent environmental regulations leading to replacement of HFCs and HCFCs.
It seems HFO is replacing HCFs and HFCs+Other ref gases. Worth a deeper inspection for those invested in fluorine companies
Hydrofluoroolefins (HFOs), a low GWP Solution to F-Gases,.
Disclosure:- continue to remain invested.
StageInvesting +Elliot Waves (27-07-2022)
US mkt up by a big % post fed rate hike tonight.
Seems bottom has formed ?
or is it still a bear mkt rally ?
How is Ujjivan Fin, Guj fluorochem, Pitti Elecon Rolex, meghmani org placed technically?
any other pick looking good to buy at CMP?
When Not To Buy (27-07-2022)
A general screener query I use to find better performing companies & from the results I apply the DCF & tried to see of the stock price is hyped
EPS > 20 AND
OPM > 10 AND
Sales latest quarter > Sales preceding quarter AND
Sales preceding quarter > Sales 2quarters back AND
Sales 2quarters back > Sales 3quarters back AND
Sales growth > 15 AND
Sales growth 3Years > 15 AND
Debt to equity < 2 AND
Return on equity > 15 AND
Return on capital employed > 15 AND
Promoter holding > 50
My major issue is with valuation & I guess I have to spend more time reading about the company and their annual reports to understand the fair value
When Not To Buy (27-07-2022)
Till now I am also unable to quantify what these …DCF and intrinsic value …are.What I realized that ,the best way to understand a business is to do field work ,reading and logical reasoning.Once I understand the business and if I can convince myself that its a good business,then the next step is to wait for correction (if the stock is expensive) in the stock price,so that the stock becomes cheap with respect to the current earnings,strength/moat in business,ability to throw cash to shareholders etc.This process takes care of margin of safety.My check list helps me in it.Suppose I bought a good business little high price (not abnormally high),then since I purchase stocks in SIP mode,then automatically the avg purchase price goes down.
What mistake I used to make earlier is that,If a well known stock price corrects more from its top ,then I consider the business as a good one and there is no logic in it.
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (27-07-2022)
Arre you flashing any corporate governance issues?
Laurus Labs – Can Business Transform to Next Level? (27-07-2022)
CDMO qoq bump is normal, if this sudden jump leads to abrupt valuation of stock then it’s a matter of concern, otherwise as mkt is side ways & bearish I don’t think stock will run too much, CDMO should measured on Yoy basis, & lumpiness is normal
Heranba Industries (27-07-2022)
FY22 AGM notes
- Chinese business (20% of exports; 125-130 cr.) is slightly affected due to COVID lockdowns, have tried to push products to other markets
- Next generation family members are drawing very low salary (1 lakh / pm for a CA or a chemical engineer)
- Import ~ 12% of raw material
Disclosure: Invested (same as before)