Exited after holding for 3 years and 0 returns as part of rebalancing. The revenue and cash flow never really went anywhere and my expectation of a turn around wasn’t fulfilled.
Posts tagged All News
Hitesh portfolio (25-11-2024)
Antony Waste management is not the typical consistent compounder. The main characteristic of the consistent compounder category is the robustness of their cash flows and near consistent growth, besides a great business model. In case of AWL, not all these boxes are ticked.
AWL might be a growth story looking at the sector it is operating in, but I don’t track it too closely to be able to comment about its prospects.
@sanni_kumar I dont track Astral, Supreme or OPVC sector.
G-Sec yields harden as inflation stays high, rupee slides (25-11-2024)
September saw record lows after the US Federal Reserve delivered a hefty 50 basis point rate cut, causing a softening of US Treasury yields, along with milder domestic bond yields and a stronger rupee. During September US T-bill yields saw a low of 3.64%.
Nifty bullish on charts, could aim at 24,500 : Analysts (25-11-2024)
Stocks such as L&T Technology Services, Bharti Airtel, HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Labs, DLF, and National Aluminium show bullish chart patterns, indicating potential upside moves, according to analysts.
Junk bonds at risk as EMs brace for ‘Trumponomics’ (25-11-2024)
A Bloomberg index of high-yielding sovereign dollar debt is heading for a 15% surge this year, the biggest annual gain since 2016. Global investors are rewarding countries such as Argentina, Sri Lanka and Ghana for healing their defaults and embarking on economic reforms. This rally has shown resilience even to the US yield spikes of the past two months.
Stubborn inflation set to reinforce Fed’s go-slow approach (25-11-2024)
The personal consumption expenditures price index excluding food and energy – the Fed’s preferred measure of underlying inflation – is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.
Senior executives flock to startups poised for public market glory (25-11-2024)
Many of these people, from both within the startup sector and outside, are exploring opportunities at companies that are likely to hit the bourses in the next couple of years, said search firms and startup founders. The lure for them is the potential for wealth creation that successful listings open up.
Investors worried about elevated valuations in India: Daniel Morris, BNP Paribas Asset Management (24-11-2024)
Before the election, you had a soft landing scenario where we believe growth slows, inflation falls and the Fed cuts rates. Now that may not happen right away, but will happen in the distant future.
A post-poll party is on cards. Address: Dalal Street (24-11-2024)
“The markets were raring for an opportunity to move higher, and the Maharashtra election outcome is likely to be that trigger, but it is largely a sentimental flip,” said Rohit Srivastava, founder, indiacharts.com. “An oversold market feeds on itself and the short covering Friday was just the beginning.”
Apex Frozen Foods (24-11-2024)
Why there is mismatch between management commentary of both the companies? Is it due to conservative approach of Avanti management to promise less and deliver more? Requesting all senior members to share their views. This could be the good learning case for next shrimp cycle.