True. Found that concerning. Nothing shady but promoters are signaling that their stock is too high.
Posts tagged Value Pickr
BLUE PEBBLE- The next high growth SME? (23-07-2024)
Related party transactions have also increased 2 fold. looks like the promoters are buying inputs from themselves. Not a great practice to continue and it’s going up and up. would love to have your thoughts on this as well.
BLUE PEBBLE- The next high growth SME? (23-07-2024)
In the Annual report FY20-21, the company lends money to 2 people Nalin Gagrani & Manoj Tiwari each 18L. and declared a bad debt of 4L. Am I reading it right that promoters took the debt from their company and defaulted on it?
Great articles to read on the web (23-07-2024)
Budget Summary
BLUE PEBBLE- The next high growth SME? (23-07-2024)
I agree that 1L in absolute terms is low however, the percentage rise is quite staggering. I am also wondering what exactly the auditor audited, before IPO so their fee goes up by 4x?
Tata Consumer Products Limited (TATACONSUM) (23-07-2024)
How this additional capital which is raised through right issue will be used as growth capex?
Infosys Limited – Are we getting a discount or no? (23-07-2024)
As per AR of Infosys for FY24.
Chairman/Non-executive director attended only 4 out of 6 board meetings held in the last financial year through March 2024. Amongst 8 independent directors, one independent director missed two board meetings and two independent director absent for one board meeting. There is no valid justification or reasoning provided by the company on their absence in the annual report either. Dissent amongst shareholders is also evident in recent voting of AGM held in Jun-24
https://www.pressreader.com/india/hindustan-times-lucknow/20240701/281973202850536
BLUE PEBBLE- The next high growth SME? (23-07-2024)
The Auditor fees seem to have increased from 25k to 1 lac in FY 23 (last year). Can be because of extended services requirement for their recent IPO.
Frankly,1 lac seems to be on a lower end?
Heritage Foods Ltd (23-07-2024)
Management walked the talk with 41.5% contribution from Value Added Products (VAP). This also reflected in their EBITA margin of 11%.
Furthermore, considering similar margin phase of Hatsun agro from 2016-2019, heritage foods is relatively highly undervalued. (Hatsun use to trade at an average of 2.3 price/sales during 2016-19)
Let’s see what future holds!
Invested hence biased.
Mann’s Portfolio (23-07-2024)
Hello ,
As you have written that AVG logistics is trying to be the first in the cold chain logistic. Actually there is a company name Snowman Logistics who is working on it and has got quite a market share.