I can summarize it in 3 words “All is well”.
I will be posting less about Safari now as I believe that this stock does not require intensive active tracking and its part of my coffee can portfolio.
When I bought the stock for first time, while I was convinced about industry growth prospects, Safari’s capability to achieve superior growth as compared to its peers and clean governance; I was still tracking it closely as I wanted to scrutinize it more thoroughly. This also helped in increasing conviction and allocation over a period of time. Another very critical aspect, where I was less sure was cash flows, as OCF was mostly negative till FY19. However, the company has surprised here with turnaround in OCF since then. With all the tick marks achieved, I will not track it very actively now.
Disc: Invested. I am not SEBI registered Advisor/Analyst. The information provided above is for education purpose only
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