Posts in category All News
Summit securities holding company of RPG group at discounted among holding companies (24-06-2024)
I’m invested in Summit since 16 years.
Revenue has always been wonky; because most of it is reliant on dividends generated by holding cos. Since its history, co has not benefitted shareholders in any way (through dividends, bonus, or anything else) despite operating at healthy margins.
Since its now trading at record prices, my hunch is sell the investment off and invest in cos which have an actual business model!
Not happy with Centre for excluding Bengal government from Teesta talks with Bangladesh: Mamata Banerjee to PM (24-06-2024)
Samhi Hotels – Turnaround with Tailwinds (24-06-2024)
ACIC 950 rooms were already integrated in Sept 23 quarter. Dec 23 and Mar24 Q have the revenues from acic integration.
Samhi will only add 350 rooms in Q3 FY25.
Why ebitda would go from 2758 to 4470 in one year.
More like 3300 to 3700 it should be.
I see in the concall the guidance in revenue is 1000 crore of March 24 + 10%
This is in the transcript
"And on top of that if the market delivers another 10% revenue growth "