Posts in category All News
Bain Capital-backed Emcure Pharma mobilises Rs 583 cr from anchor investors (02-07-2024)
IDFC – Infrastructure Development Finance corporation (02-07-2024)
How much cash IDFC has on its books for dividend. Couldn’t get from Q4FY24 investor presentation.
IDFC – Infrastructure Development Finance corporation (02-07-2024)
How much cash IDFC has on its books for dividend. Couldn’t get from Q4FY24 investor presentation.
RS Software – Will they pay investors too? (02-07-2024)
I deeply respect and have high regards for Donald Ji and Valuepickr Forum. I also deeply respect Hitesh Ji, Ayush Ji, and many others. I soak in information and insights from Google, Youtube, and Twitter. Thanks to God’s grace and all of the above, I have experience of investing in mega multibaggers throughout my investment journey of 20 years. As a result, I achieved financial independence at the age of 32-33 many years back. But my main problem was investing less and booking profits early after 4-5 times return.
This is the first time when almost my 100% of portfolio is invested in high conviction RS Software in which I began investing afresh for the second time in April 2023 at very low prices and I have already earned around 10 times returns at my portfolio level. My very first investment in RS Software was in early December 2013 through which I completely booked and earned very handsome multibagger returns.
I have never talked to any company management in my investment journey till date as I don’t have too much time and also many managements lie openly. I don’t have great indepth knowledge of RS Software but just historical enough to earn good returns from it. I can think of a few pros and cons of the company.
Pros:-
After so many years of no action, the tone of the management in the Annual Reports has changed completely for the positive.
This company in the past has shown that once they turnaround, then for atleast for the next 3-5 years they have very good growth prospects.
They are not a fake company. They have done some real good work including developing UPI, BBPS, Fraud and Risk Management software etc. over the past many years.
They always have almost zero debt.
The promoter shareholding is less but it is not pledged.
They have invested almost Rs 100-200 crores of their own money in developing their Payment software products. That’s why their Net Worth is so small.
They have almost 170 crores of accumulated losses remaining even after adjusting for last year profits, which can be used to reduce tax on the profits of coming years.
They will keep charging Depreciation for the next few years, which in fact gives us more real profits than the cash profits stated in the P&L.
I so much wish that Fintech continues to remain one of the hottest sectors to invest in the coming years. Some of the companies like NPST and Trust Fintech are trading at much higher valuations.
Cons:-
Previously in 2015, the company didn’t disclose promptly the bad news of their main customer pulling the plug on them. This resulted in many investors suffering losses in their investments.
When the times are bad, the shares of this company can destroy value in no time and with great speed. The management goes completely silent. They will give no extra information and there will be no concalls, investor meetings, or anything else.
Disclosure: Invested in this company since more than one year for the very long term. I will sell in an instant in case of some serious red flag or the growth slowing for 3-4 quarters. I am not a SEBI registered advisor. Please take anything I say with a pinch of salt. This is not a buy or sell recommendation. I have contract notes to prove my point.
Amit Goyal
RS Software – Will they pay investors too? (02-07-2024)
I deeply respect and have high regards for Donald Ji and Valuepickr Forum. I also deeply respect Hitesh Ji, Ayush Ji, and many others. I soak in information and insights from Google, Youtube, and Twitter. Thanks to God’s grace and all of the above, I have experience of investing in mega multibaggers throughout my investment journey of 20 years. As a result, I achieved financial independence at the age of 32-33 many years back. But my main problem was investing less and booking profits early after 4-5 times return.
This is the first time when almost my 100% of portfolio is invested in high conviction RS Software in which I began investing afresh for the second time in April 2023 at very low prices and I have already earned around 10 times returns at my portfolio level. My very first investment in RS Software was in early December 2013 through which I completely booked and earned very handsome multibagger returns.
I have never talked to any company management in my investment journey till date as I don’t have too much time and also many managements lie openly. I don’t have great indepth knowledge of RS Software but just historical enough to earn good returns from it. I can think of a few pros and cons of the company.
Pros:-
After so many years of no action, the tone of the management in the Annual Reports has changed completely for the positive.
This company in the past has shown that once they turnaround, then for atleast for the next 3-5 years they have very good growth prospects.
They are not a fake company. They have done some real good work including developing UPI, BBPS, Fraud and Risk Management software etc. over the past many years.
They always have almost zero debt.
The promoter shareholding is less but it is not pledged.
They have invested almost Rs 100-200 crores of their own money in developing their Payment software products. That’s why their Net Worth is so small.
They have almost 170 crores of accumulated losses remaining even after adjusting for last year profits, which can be used to reduce tax on the profits of coming years.
They will keep charging Depreciation for the next few years, which in fact gives us more real profits than the cash profits stated in the P&L.
I so much wish that Fintech continues to remain one of the hottest sectors to invest in the coming years. Some of the companies like NPST and Trust Fintech are trading at much higher valuations.
Cons:-
Previously in 2015, the company didn’t disclose promptly the bad news of their main customer pulling the plug on them. This resulted in many investors suffering losses in their investments.
When the times are bad, the shares of this company can destroy value in no time and with great speed. The management goes completely silent. They will give no extra information and there will be no concalls, investor meetings, or anything else.
Disclosure: Invested in this company since more than one year for the very long term. I will sell in an instant in case of some serious red flag or the growth slowing for 3-4 quarters. I am not a SEBI registered advisor. Please take anything I say with a pinch of salt. This is not a buy or sell recommendation. I have contract notes to prove my point.
Amit Goyal
Atma Nirbhar Bharat – Stock opportunities (02-07-2024)
which are players, which may possibly benefit from this ?
Atma Nirbhar Bharat – Stock opportunities (02-07-2024)
which are players, which may possibly benefit from this ?