Thank you and glad to know it is your blog. It helped me. Having gone through many concalls, now I feel things may change as different building blocks fallen in place.
My concern is that lack of orderbook growth in this FY. If it is only due to timeline to service it, I am not concerned. From last 3 concalls I do hear more or less consistent guidance…
I am surprised JBM in general tight lipped, leave alone concalls, but even investor presentations are not released.(I couldn’t find, Iay be wrong).
Tata motors - do they report EV buses like they report EV passenger cars ?
I took a bet and keeping fingers crossed for Q3 and then Q4 results. If they miss big way, by this year end results, I will exit. Else, it should reward well and valuation will cool down.
Tracking the progress is easy here as moving parts are less compared to other three listed competitors. Any other listed competition @siddybee apart from Tata, Ashok Leyland, JBM Auto for EV bus space ? Even if Ashok Leyland or Tata motors execute well, it is still small part of their overall game…but if olectra wins it will win big and our investment can multiply many fold.
Disc: invested at current levels
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