Posts in category All News
Share price of Tube Investments jumps as Sensex gains 495.81 points (03-07-2024)
Sensex touches 80,000-mark; HDFC Bank, Axis Bank, ICICI Bank among top gainers (03-07-2024)
DCX Systems Ltd (03-07-2024)
I understand. That still answers only part of the question (that you have zero connections with the promoters). However the other part - “The sale is for personal reasons for the family”, this information is impossible to get except from the promoter himself or people close to him or the company management. If you have sources within the company, that is fine. Would be better if you spell it out as such. Otherwise we have no way to verify whether what you have said is true or not.
Stock market update: Nifty Realty index advances 0.4% in an upbeat market (03-07-2024)
Microcap momentum portfolio (03-07-2024)
sir apologies if you have already answered this but my question is the calculation behind 3.4 lakhs for the 25 stock microcap pf - how many of each stock should we buy? we only seem to get 3 of tvshlt based on above calculation
Zomato’s share price gains as subsidiary withdraws NBFC licence from RBI (03-07-2024)
Government of India and ADB sign $170 million loan to strengthen health system preparedness and response (03-07-2024)
Seamec Limited: formidable player in niche space; in a dull & boring sector (03-07-2024)
They are the largest player in this niche space, so they do have sort of a monopoly. The nearest listed peer is GE shipping – which is more into bulk transport. Within offshore support and diving support vessels, there are other players like Bernhard Schulte Shipmanagement (BSM)
Few more points from the interaction with management:
-
Entry barriers –
- Initial capex required is significant for a new entrant – if they want to enter
- Customization needs - Vessels have to be customized, tweaked and built as per requirements of ONGC.
-
Indigenization | Atmanirbhar theme
- Difficult for a foreign player to enter Indian markets in the segment and make inroads. If a foreign player has quoted lower on a tender, a company like Seamec gets the first right to match that price; and favoured over foreign players
-
Divers: Upto 150 to 200 m – company deploys human divers. In case of higher depths, machines are deployed.
-
Opportunities in East Coast – Lot of opportunities coming up in East coast too, with ONGC exploring new oil production from East coast