I am not very sure who the winners will be. And I do like the pick-and-shovel approach myself. But the market of suppliers is also very fragmented.
On the other hand it is relatively easier to identify who are likely to find the going tough - the mid sized PSU & private banks. It will be perform or perish for a lot of them.
Thanks for the excellent write up and providing the insight of the future business.
I think the IT company which provides the software solution to the app and back office operations will have more added advantage and more switching cost for the company and proxy play for the next mega trend in payment banking.
Do you think Intellect design arena will be benefited from it ?
Guys...please send the details to me also...ankur.barasia@gmail.com
@suns Bennet Coleman having a stake is no positive in itself. Infact it could be more a negative because of most of the places i have seen their name going up. They famously used to subscribe to Karuturi Global shares in preferential allotment at 5x the market price in 2010. See where it has got them. Apart from TOI, if you see some fundamental change happening its ok but Bennet Coleman should be irrelevant in your analysis. That i can say from my personal experience
Just for the records, Bennet Coleman had a stake in now bankrupt Vishal Megamart and Edserv SoftSystem. They are very liberal if the company is ready to give them a stake in lieu of advertisement and don't analyze companies strengths and weaknesses.
this is good for all those promoters who can't create value on their own and start suffering when the tide turns
also debt reduction is appreciable
Good results . Growth in NM and EBITDA Margins. Cash and ash equivalents have improved by another Rs 40 cr.
Q2 results just came out
http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/BCB8C2DF_B260_46AC_8D38_02B3792F1A36_134645.pdf
Fabulous EPS and net profit numbers
Hi
85 % of my current portfolio is in 15 stocks as - Ajanta, Avanti, Shilpa, PI, Page, Kitex, Symphony, Control Print, Cera, Repco, MPS, Anuh Pharma, Mayur Uniq, Premco Global, Atul Auto. The allocations are anywhere between 3-8%.
I have 1-3 % allocations to stocks like Torrent Pharma, Granules, Ambika, Kaveri, Pokarna, Ratnamani, TCPL Pkg, Chamanlal Setia.
My goal is to reach a consolidation level where 85% allocation will be in top 10 stocks and remaining for smaller(1-3 %) allocations. I an trying for this consolidation but not yet there completely.
Regards,
Sudheendra