Everything is going good except their EV production plans which have got delayed any times. Plus there is market apprehension on the designs. Overall still invested and hopeful
Nazara Technologies (18-09-2024)
Making a hit game is no use if you cannot generate revenue from it. By the way they have 2 hit games that tens of millions of Indians have played. World Cricket Championship 2 and 3. But guess what, it’s useless as it’s a freemium game and the generate close to nil EBITDA from there. It’s E-sports (You definitely have heard of Sportskeeda), Animal Jam is quite famous, Kiddopia is one of the top 3 games in US for children. So all in all they are popular but their revenues need to rise
Fed Announces Big Rate Cut (18-09-2024)
“We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
Samhi Hotels – Turnaround with Tailwinds (18-09-2024)
Samhi generates 240 crore from its renovation and rebranding portfolio. However, I am concerned that these activities might disrupt ongoing operations. Could these disruptions result in a significant decrease in revenue of this portfolio until the renovations and rebranding are complete? I am interested in understanding if the rebranding and renovation efforts could temporarily impact this revenue stream.
Elon Musk’s X Finds Way Around Brazil Ban and Goes Live Again for Many Users (18-09-2024)
Elon Musk’s social network used a technical maneuver to restore service for many Brazilians after a court blocked it. Regulators expected to restore the block soon.
Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian (18-09-2024)
The airline’s chief executive, Ben Minicucci, said in an interview that closing its acquisition of Hawaiian Airlines would allow it to expand, including on international routes.
Central Banks Around the World Are Cutting Rates (18-09-2024)
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.
France’s Budget Problems ‘Very Serious,’ Prime Minister Says (18-09-2024)
The French government, which missed a deadline this week to show how it would cut its debt and deficit, is struggling to meet fiscal requirements set by the E.U.
Bansal roofing products – Pre-engineered for growth (18-09-2024)
The major risk, i see as we discussed is two things, one new entrants in the Gujarat PEM scene, which suffers the profitability due to low pricing, however in order for that to play out the player had already put up the plant and have the necessary labours in place already.
Second one is execution risk, over stating and underachieving however I do believe it was 6 years ago in 2018, hopefully management had learned from their mistakes.
Requesting community members who are based out on gujarat to do scuttle-butt for any new entrants in the PEM scene, also we can ask the same to the management themselves in AGM meeting on Sep 21, 2024
But Major Postivies I see is
Competent Management reflects from various metrics and running efficient shop
Sectoral Tailwinds
mainly margin expansion possibility due to PEB is only 28% of their revenue so far so scope for improvement in the bottom line
Risk – reward is quite good
Amit Shah reviews Manipur status regularly: Officials (18-09-2024)
Union home minister Amit Shah has been reviewing Manipur’s security situation, engaging with Meitei and Kuki communities to restore peace. Two CRPF battalions and 200 central police teams are deployed. The Free Movement Regime along the India-Myanmar border has ended, and border fencing is underway with a budget of Rs 31,000 crore.