I have invested some today on the assumption that it will continue to play a role in infra.
Thanks a lot.
Posts tagged Value Pickr
Long term investment strategy (Buy, hold but don’t forget) (16-08-2024)
Kamat Hotels (India) Ltd- A Possible Turnaround Story! (16-08-2024)
Disappointing results and concall . Management doesn’t seem to understand the importance of guidance and associated perception of not meeting their own guidance repeatedly despite full confidence in earlier concalls. E.g. crossing 100 Cr ebitda in FY24, on/off frequent one off expenses , massive confusion on the interest costs . If they were expecting a tepid Q1/Q2, they should have laid out that upfront instead of being 100% confident of crossing 400 Cr in Fy25. Market will neither reward nor rerate this stock if these things keep happening. They should have expected questions from investors and analysts (e.g. jump in other expenses QoQ/YoY, interest costs ) and should have laid out the explanation in the ppt itself instead of getting repeated questions on con call and wasting time. Unfortunately the con call became a clarification exercise instead of being forward looking , frustrating for everyone!
IMHO, investor communication should be made more precise and clear and avoid multiple confusion . They can spell out all the basics in the Investor presentation which should clarify all questions which will limit follow up questions on call.
Q2 results will set the tone for FY25, but the 400 cr FY25 guidance seems too far fetched, and the actions of the management doesn’t inspire confidence yet.
Astral Ltd. (Earlier: Astral Poly Technik Ltd.) ~ Leading Pipes & Adhesives company (16-08-2024)
Hello all,
Any reason why stock has fallen from 2400 levels to 1900 levels…? I see numbers in screener looks flat when compared to last year…
Regards
Manjunath c a
Focus Lighting & Fixtures Limited (SME) (16-08-2024)
Thanks for the information. If possible, Can you please share you experience after visit
Stock SIP boring yet powerful (16-08-2024)
Please do back testing with HDFC and Kotak. You are selecting wrong stocks; KPIT, VBL are among top performer. Back testing rarely works.
Long term SIP is more suitable in Nifty 50 or nifty next 50 vs individual stock. Just my opinion.
100 baggers by Cristopher mayer (16-08-2024)
Just finished reading this book;
. It is an investment tragedy for a sort to think people have owned these stocks (100 baggers stocks) and not reaped those gains because they were trying to time the market or trade in and out.
. To make money in stocks you must have the Vision to see them, the Courage to buy them and the Patience to hold them. Patience is the rarest of three.
. If a business earn 18% on capital over 20 or 30 years, even if you pay an expensive looking price, you will end up with fine result. _Charlie Munger
. A truly great business must have an enduring MOAT that protects excellent returns on investment capital.
. A company with a moat can sustain high returns for longer than one without. That also means it can reinvest those profit at higher rates than competitors.
. People often do dumb thing with their portfolio just because they’re bored. They feel they have to do something. If you can find ways to fight boredom and not take it out on your portfolio, your returns will benefit.
. Instead of planning the guessing game, focus on the opportunities in front of you. And there always, in market, many opportunities.
. The great investors concentrate on their best ideas.
. The best ideas are often the simplest
Ola Electric – Full Stack EV play? (16-08-2024)
Thanks @SA24 Sukrit for starting the thread, I was thinking to do so…
Am invested and it’s 5% of my PF and my investment price is from 78 to 102. Obviously am biased. Am also invested other new age businesses like Zomato, PAYTM.
My theses of OLA investment:
- Bhavesh A – as said am biased and may put him top 5 new age entrepreneur in India. He may be the only one who founded 3 unicorns.
Staring with cab he defeated giant like uber – highly commendable.
He is the catalyst of growth of EV in India. Ola E is the only co who develops own products. Am invested in endurance and in con call they said except ola all EV’s are their client (Ola has own manufacturing).
On soft side – his twitter followers are similar of DP of Z, VSS, Nitin k etc. Why this is important? Such founder doesn’t need much paid advertisement (like tesla).
- Second is automobile 2 W business. As per Motilal oswal study 2 w business is great with 4 points out of 5. This means it’s great business where all player fairly plays in line (High ROCE) of paints and cigarette. Good business to own.
2 W legacy player are so good and dominant, falls among few rare industries where they beat Chinese players handsomely. Bajaj and TVS are No 1 and 2 in most Latin A and African market.
- EV as theme which will surely disrupts ICE.
Debt: I was not able to find exact position of debt before IPO. As am refrain of putting money in highly debt company. Am much comfortable with Zomato and paytm due to their excess cash even they were loss making. This gives assurance that they won’t be bankrupt in nr future.
As per con call ola has 2700-2800 cr gross debt and 1300 cr gross cash in hand that is june 30 end data Pre IPO, post IPO looks ok on debt front.
Negative comments:
I also went RHP and lots of videos of users. Yes many comments are negative however this is somewhat obvious with your sudden growth etc and am sure they will be working on proper resolution. On other side actual users also share positive comment and they are, mainly, heavy users are satisfied.
Specs: The specs OLA is offering is amazing, particularly 8 yrs of battery warranty whereas others are stuck in 3 years. 30-35% cost of EV are of battery, this will be most important aspect of choosing OLA. Others specs are range, torque etc.
2 W penetration: EV provides smooth ride and due to torque and power able to give good pickup. I believe tesla’s acceleration can beat any ICE car, same may happens, if so EV bike can beat both low segment (Hero) and high end like RE.
Risks:
A. High attrition: However as per me this is good at starting phase of co. You are having such high bar where only high performer survives (Must read books by Netflix founder – rules no rules).
B. Divert businesses – this is real risk if he fails put CEO like people for most businesses.
C. Cell: Failure of cell technology is the most important and visible risk as per me.
Successful Entrepreneur can create magics. Like Zomato vs swiggy – swiggy was more innovative and powerful with higher market share (45-55) than Z before IPO, Now mkt share reverse (55-45) Z to S. This is as DP got good management bandwidth hence now he may able to do small innovation etc and able to continue his new product journey.
Same may happen with BA, if he finds success in cell and OLA – seems sky is the limit – first he penetrates OLA to outside India and may enter 4 W and other cell technology etc.
Disc: Invested and my views are biased, also proved wrong many times in past, not Sebi registered and not buy sell advice. I am sell / buy without prior updates.
Black Box: Building infrastructure for the AI revolution (16-08-2024)
Same question, looking for an answer. Their statements are quite contradictory and considering the first quarter results it doesn’t look like a 37% CAGR growth rate from any angle.
RBM Infra – a less discussed SME (16-08-2024)
While I was go through the balance sheet I see there is a significant jump in the short term loan items from 0Cr to 148Crs, Any idea behind this jump?
Focus Lighting & Fixtures Limited (SME) (16-08-2024)
I had seen their Mumbai experience centre – it was in Andheri East earlier. I think now shifted to Lower Parel.