I have not been following axis bank closely. Yes bank seems good but be aware of its low CASA and low NIM.
Posts in category Value Pickr
Electric Cars/Bus :: Call it a Disruption? (21-12-2015)
I would not be surprised if Tesla sets up a factory in India. Like sandeep17 said, Tesla plans to have stations in US (starting in CA) which replace your battery with a charged one in a couple of minutes. Network effect would be huge if this takes off. Remains to be seen how economically viable this seems after the cheap credit stops sloshing around. Electric buses being charged at designated bus stations seems more feasible for starters.
Economic Value added (21-12-2015)
Hi seniors,
Does that mean EVA=ROCE-WACC. Can you share where can I get EVA data, quarterly or yearly for Indian companies. If I assume WACC to be flat 15% then any company having ROCE> 15% would generate +ve EVA. Is that correct way of thinking. Also why is it that cost of debt is 9-10% and cost of equity is 15-18%. This will encourage to take huge debt as co can show +EVA as WACC will be lower than ROCE.
I am a learner thus getting bit confused
GoodLuck Steel Tubes (21-12-2015)
Goodluck steel tubes got approval from Research Design and Standards Organisation (RDSO), Ministry of Railway, India for fabrication and supply of steel bridge girders.
Read more here.
Kaveri seeds company limited — kscl (21-12-2015)
On life time low...is it a good level for fresh entry. Pls suggest
Emkay taps and tools (21-12-2015)
I went through this and it looks like one of those too good to be true stories. The bulging receivables and inventories along with a dose of depreciation from renewables to avoid taxes an all too familiar story. Take a look at Shri Ganesh Jewellery House around 3/4 years back which ended by a defaulting client. My only advise is to be cautious and do your due diligence. By the way is there any reason for a promoter to dilute stake in a business with such great returns (debt would be far more cheaper than any OFS) ? Also make sure you understand the holding structure and non promoter holdings. Also take a look at the independent directors, are they really independent?
MPS Ltd (21-12-2015)
After Emkay securities, Karvy has initiated coverage on MPS which is good to know..
Attached here is the report for reference. MPS_KArvy_Dec21-2015.pdf (457.3 KB)
@Mahesh: Wonderful analysis as always...Do you perceive any impairment risks due to acquisitions either for MPS or competitors who are growing inorganically? Also if you had to put a thinking cap as management today; would you say that growth has to come only through inorganic way?
Regards
Sreekanth,
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (21-12-2015)
http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/32A7D4F5_EEE2_4D83_9302_451AC279F821_194703.pdf
PI launches vibrant, an insecticide for rice/ paddy
Electric Cars/Bus :: Call it a Disruption? (21-12-2015)
electro therm is also made presentation on electric vehicles.
Kaveri seeds company limited — kscl (21-12-2015)
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