Thanks to all the contributors for updates for such a long time. I am just looking for some answers to some of the questions that I have in my mind about APL Apollo promoters. If you track the company one would find that there has been promoter selling and reducing their stake almost every quarter. If the business prospects are still very good as they project in quarterly calls, why would they reduce their holding to such low levels instead of holding or trying to acquire more. They are taking the capital from here and infusing into the NBFC that lends to APL Apollo tube customers. Is it a scheme to pump up the sales by financiing the buyers and push the stock price up and sell it at the same time while make the money safe by pushing it to NBFC which is a private entity? How long can this sustain? What happens when this credit facility is no longer available to distributors or dealers? Would they continue to buy? I understand that sometimes Promoters sell (like they did in Page industries while it was growing) but here it is of big proportions. Also, there seems to be a gap between what the promoters are telling about business and what they actually do to their stake in business. While everything else looks good, this aspect remains a red flag of mine and that is a reason I am looking for unbiased answers for the same.
Posts in category Value Pickr
Tata Motors – DVR (22-08-2024)
The scenario of converting DVR to Ordinary shares has limited precedence in India. I have been holding DVR shares from last many years and have sold out yesterday due to the tax impact uncertainty.
AJ
Disclaimer: Opinion above is biased.
Indigrid InvIT: High yield on stable and predictable revenues (22-08-2024)
On further research, found the following resources online:
I plan to place 3-4 bids before 15:30 IST today, at intervals of 50-100 paise. Will see how the prices settle in the exchanges before taking a call on the specific prices.
Indigrid InvIT: High yield on stable and predictable revenues (22-08-2024)
OFS is a corporate action, where retailers can apply on the second day of OFS and retailers has a reservation upto 10% of the total shares available in OFS. There’s will not be any lot size you as much as your wish, below 2 lakhs. So max limit under retail category is 200000/ bid price. It should be noted that bid price should be higher than Floor price.
Natco Pharma: Focusing On Complex Products (22-08-2024)
Sir,how to calculate DCF analysis,please share the details of DCF analysis…
Indigrid InvIT: High yield on stable and predictable revenues (22-08-2024)
Sir,Lot size(qnty)not mentioned in OFS page…
Chemplast Sanmar Ltd (22-08-2024)
Chemplast Sanmar to invest Rs. 160 crore on capacity expansion of custom manufactured chemicals
Tembo Global – Infrastructure proxy? (22-08-2024)
Regarding Engineering and textile segment Order book
Order book in EPC segment
My conecrning point are share portion of promoters and cashflows. Trying to understand more about business