There you go…VC Investors we’re given a 1 year deadline before selling their shares so as to not make spoilsport of the IPO
Posts in category Value Pickr
Indian Energy Exchange (IEX) (27-07-2022)
Beauty lies in the eye of the beholder.! Stock was trading at 100x PE 6 months ago, still trading at 45x PE. So you may call it expensive (or not), depends on your own analysis.
If we look at the quality of the business and the moat around it (which is what matters in long term I believe), the model looks very difficult to beat.
One of a kind platform with multiple solutions to a region’s energy issues (IEX is providing services to almost all of South Asia now), low transaction cost for customers (2 paise cost on 5 rupee cost/unit, how much discount can the competition really offer) and innovative, prudent & honest management (went for IGX when no one was even talking about it, launching new products, bonus share issue etc).
So the company looks very enticing, valuations is something everyone has to decide individually.
Zomato – Should you order? (27-07-2022)
Please help to answer the question.
why there is so much hype for zomato one year lock-in period. is this applicable for all companies?
is there a website which tracks this lock-in end date and percentage of shares which are locked (like 50% of total outstanding shares), looks like this is exactly one year after listing date.
Newgen Software (27-07-2022)
Newgen AR 2021-22 Notes!!
New Product Launch: NewgenOne
52 week highs and all time highs strategy (27-07-2022)
Fluorochem has posted very strong numbers today for q1 fy 23. Stock price had made a swing high of 3498 and is often the case, there was profit booking even on good numbers. The previous major swing high of 3200 should be watched for support going ahead. Today’s low was just below 3200 till now.
results attached.
guj fluoro q1 fy 23.pdf (2.0 MB)
disc: invested
Snowman Logistics (27-07-2022)
Any thoughts on the sister company Gateway Distriparks Ltd
52 week highs and all time highs strategy (27-07-2022)
Usha Martin after hitting its all time high of 165 in April 22 went down during the market meltdown and took support near its 200 dema at around 100. Since then it has rallied recently and broken out of a cup and handle pattern above swing high of 141. Since past couple of days, it has been testing the 141 levels and managing to stay above that level. If pattern plays out successfully, then near term targets can be 180. (disc: invested since long time. bought more recently)
Thesis – ConCall Search Engine (27-07-2022)
The link seems to be down
Apex Frozen Foods (27-07-2022)
For anyone wanting to go through concall of q4 fy 22, transcript
apex frozen q4 fy 22 concall.pdf (898.1 KB)
attached here.
Indian Energy Exchange (IEX) (27-07-2022)
PPFAS bought at a lower price and as long as the long term thesis is still intact they won’t sell. They bought Hero motocorp at the end of 2019 auto down cycle. they still hold it.
Disclosure: No holding. Though admire the business model.