As far as l know, single malt must be 3 years old to get that tag in UK.i also know that in warm weather of the tropics, aging is faster
And it takes 1 year instead of 3 to get the same effect. So this talk of 5-7 years is somewhat confusing. But in the interview, he also said that the capacity expansion for indri comes online in October. So probably it’s better to wait till the presentation comes out.
Regarding the question of conviction. I am pretty convinced that even at this price it’s cheap considering its plans and growth potential. Even if the eps stays flat for next 3 quarters the Eps per year would be 16Rs and that means the company is trading at 35 PE. Just read this thread from the start and see how the management has executed a long term plan since 2016.
In my case, i bought it around 40 Rs and invested 2% of portfolio. I have already sold some before Q3. So effectively I have invested X, taken out 2X and still have 12X left in portfolio. When I bought it ,’it was selling only about 100 casks of indri and winning awards. Picture is much clearer now and I do not intend to sell anymore anytime soon.
| Subscribe To Our Free Newsletter |
