Hello @hitesh2710 sir,
I have a question about Sharda motors. Sharda motor debt free with good profit growth and good ROE. Price is trading in the channel almost for a year. Holding this company from the level of 1000. Now it is touching the upper channel. In such cases, is it good to wait for channel break-out or book the profit and wait for channel breakout to re-enter the stock. Looking forward for your kind suggestion on how one should play such situation.
hi folks!
I analyzed this business today by scrolling through the valuepikr threads only. I think thats a better option than reading through all concalls.
I know about the moats and cost-plus model of the business BUT
I have a quite neutral view of the business.
Cons:
Mediocre earnings growth
10 year Profit growth : 15% while
10 year stock returns : 25%
hence speculative returns : 10%
2. Branded Coffee Business is just 7.5% of their total revenue
They commenced their branded coffee business around FY15 and they did around a revenue of 40 cr in the next year itself. Today their revenue from branded business stands around 200 crores which is around 7.5% of their total revenue.
I think it is very insignificant right now and I guess this part of the business had been the thesis for most of the investor community.
We have to see how it grows up. In my view, it might stay <10% of the total revenue in next 4-5 years. will be happy to be wrong here.
*Pros, not so pros: *
3. Its a slow, boring and compounding business. Honestly, a very good business to own for long term which gives you 15% compounded annual return with minimal downside because I believe the valuation multiples are hovering around their averages.
Also there is an optionality of branded business doing well and valuation re-rating because of that but that might come over 7,8 or 9 years in my view. A lot of patience is required for that.
Conclusion:
One can think of this as a defense stock.
Disc : I am not invested in CCL Products
Universe I track is Nifty smallcap 250, the weightage given to Z score is in proportional basis ie.
12 months to 6 months is 30: 70
Given, on basis of z score only rank is given,
There many factors for entry and exit in momo(momentum ) pf but I prefer z score only.
Hello,
The stock is up 30% Month to date, any thoughts on this?
As per the ammendment made in 2023, the taxation of REIT’s distribution is changed. Only if cumulative distribution goes beyond aquisition cost of the units, it’s taxable, that too only repayment of debt portion.
Please correct me if this understanding is wrong.
Advisors are snake oil merchant. I know many wealth managers selling seriously risky structured products to clients while putting personal money in FDs.
Hi,
As we all know KSL has acquired Kamineini’s plant for Rs. ~450 cr which has capacity of 350,000 MT.
On Kamineine’s website it is mentioned that they manufacture Billets:
If my understanding is correct, Steel Billets have realization of ~Rs. 40-45,000/ MT, right or am I wrong?
KSL’s current realization are almost Rs. 75-77,000/MT
| (All Rs. In cr) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Revenue (Rs. cr) | 1,706 | 1,899 | 1,959 |
| Total Volume | 2,28,578 | 2,45,364 | 2,47,500 |
| CU% | 91.4% | 98.1% | 99% |
| Blended realization (Rs/MT) | 74,635 | 77,395 | 79,152 |
| RM Cost (Rs. cr) | 967.3 | 1185.0 | 1120.8 |
| RM Cost per tonne (Rs/MT) | 42,317 | 48,294 | 45,285 |
| Gross Profit per tonne (RS/MT) | 32,319 | 29,101 | 33,867 |
| EBITDA (Rs. cr) | 338.6 | 245.7 | 371.0 |
| EBITDA per tonne | 14,812 | 10,012 | 14,988 |
I have 3 questions from this:
Would be great if anyone tracking thye Co. closely could enlighten on this. Thanks
I feel Venus remedies can pick up from here, I belive in following points
Trust issue Imo. No way objectively evaluate the performance of a financial analyst / advisor. Skeptical that the advisors
Need to separate the wheat from the chaff; like mutual funds i.e. regulated to report on their portfolio, and results; you can see underperformance and separate the wheat from the chaff.
Similar regulations may help – transparency on commissions; there should be a ratio of Commissions / XIRR that advisors should be required to report. Or there needs to be a platform that does this. Otherwise most people have more trust out of the box on finfluencers (where followers is a (unreliable )proxy to trust) vs RIAs where there is no such objective metric.