@Amit2saxena asked me a question, which i think might help everyone
the question was-
in ongoing IBC, if there is agreement between CoC and aquirer and 1) company owns valuable assets and 2) plan is to keep the company listed, then case becomes very interesting.
Example - 1) Amusement park of Imagica 2) Processing plants of Ruchi Soya
In the cases that I mentioned above, what part of the asset base i found interesting. For example, in case of Golden Tobecco or MT Educare?
my answer-
in golden tobacco its not about the assets, its about the list of prospective resolution applicants, i have never seen that many individuals being interested in any firm. In any of the IBC cases i read, i do not give any particular preference to assets, if its there then its a bonus.
I have a very simple strategy to follow change, any business going from 0 to 5 or 0 to 10 will give the same returns till a particular point (10 being the firm with strong assets and value and 5 with nothing special or significant), so i need to hold the firm till that particular point and then understand its value, in this way i broaden my target area (universe of firms), while also not getting paralysed while analysing the small units of data which prevents me from cashing out alpha till that particular point.
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