Edited my post and removed the section.
Posts tagged Value Pickr
Screener.in: The destination for Intelligent Screening & Reporting in India (03-07-2024)
Hi, @saumil25 Thanks for your suggestion.
Why our team is conservative on adding new ratios?
Every new ratio added reduces the response time of our system. Thus, we are conservative on adding new ratios.
However, we have made a note of your requirement and will share the same with our team for consideration.
Deepak’s portfolio requesting feed back (03-07-2024)
Consolidated my portfolio allocation. In cash 5% and will deploy if market presents better (tempting) opportunities.
Instrument | Allocation |
---|---|
KOTAKBANK | 8% |
IDFC | 2% |
IDFCFIRSTB | 6% |
SGB | 6% |
INTELLECT | 5% |
PRAJIND | 5% |
PVRINOX | 4% |
PAUSHAKLTD | 4% |
SKIPPER | 4% |
HDFCBANK | 4% |
VINATIORGA | 3% |
HINDWAREAP | 3% |
3BBLACKBIO | 3% |
SYNGENE | 3% |
EIHOTEL | 3% |
RACLGEAR | 3% |
PRINCEPIPE | 2% |
AVANTIFEED | 2% |
ASIANPAINT | 2% |
UJJIVANSFB | 2% |
CARYSIL | 2% |
KNRCON | 2% |
MOLDTKPAC | 2% |
SANGHVIMOV | 2% |
NATCOPHARM | 2% |
HBLPOWER | 2% |
SUNTECK | 2% |
LAURUSLABS | 1% |
APLLTD | 1% |
SATIA | 1% |
PIIND | 1% |
AMBIKCO | 1% |
HDFCAMC | 1% |
MARICO | 1% |
AEGISLOG | 1% |
KRBL | 1% |
UNIPARTS | 1% |
DRREDDY | 1% |
DHPIND | 1% |
Thangmayil jewellers ltd (03-07-2024)
Thangamayil AR24 is worth a read.
Few Highlights-
From Chairman’s speech-
- It is heartening to note in spite of 8% gold price increase in the first 48 days of the current year ( FY 25) , I don’t see any perceptible drop in sales.
- This year Akshaya Thrithiyai resulted in retail sale of 15,728 lakhs as against 10,848 lakhs in previous year resulting in an increase by 45%
Moreover in volume terms also gold ornaments sold were at 210 kgs as against 168 kgs in the last year and registered a volume growth of 25% . This growth in volume is achieved in spite
of gold price increase by 20%. - Likely contribution from our geographical expansion upto 8 additional outlets and one major “flagship”
outlet in Chennai, may also contribute to the growth in turnover and profits, in parts of the year. - Improved volume offtake in higher gross profit product –mix items will ensure a better bottom-line
performance. - The initial capital outlay including working capital requirements in case all the 9 outlets to be opened in the current year in a phased manner, we may require up to 40,000 lakhs incrementally to be met by
(a) Undrawn eligible working capital borrowings up to 17,500 lakhs ( Float )
(b) Incremental customer advances up to 12,500 lakhs
(c) Infusion of 10,000 lakhs from system generated cash profits, as per capital allocation plan
aggregating to 40,000 lakhs as sources to meet the said expansion
plan. - At the same time per gram interest outgo reduced from 66 to 65 Moreover, the average cost of funds in aggregate for borrowings has dropped from 5.30% to 4.82% in spite of increase in interest rates upto 250bps by the banks.
- Besides, the promoters unsecured loan at 6% interest of 3,379 lakhs continues in the system.
Guidance
Last year
Increase in Float ( This is better than float as it enables sales )
Data
Compounding-
DCX Systems Ltd (03-07-2024)
These seem to be high frequency arbitrage trades. They have bought and sold similar amount (not exactly the same amounts). Such trading is done to take advantage of discrepancies in prices on different exchanges. The difference is usually very small in percentage terms, however with large capital the profit in absolute amount can be significant. So I would not read too much into buy/sell transactions by these firms.
DCX Systems Ltd (03-07-2024)
I understand. That still answers only part of the question (that you have zero connections with the promoters). However the other part - “The sale is for personal reasons for the family”, this information is impossible to get except from the promoter himself or people close to him or the company management. If you have sources within the company, that is fine. Would be better if you spell it out as such. Otherwise we have no way to verify whether what you have said is true or not.
Microcap momentum portfolio (03-07-2024)
sir apologies if you have already answered this but my question is the calculation behind 3.4 lakhs for the 25 stock microcap pf - how many of each stock should we buy? we only seem to get 3 of tvshlt based on above calculation
Seamec Limited: formidable player in niche space; in a dull & boring sector (03-07-2024)
They are the largest player in this niche space, so they do have sort of a monopoly. The nearest listed peer is GE shipping – which is more into bulk transport. Within offshore support and diving support vessels, there are other players like Bernhard Schulte Shipmanagement (BSM)
Few more points from the interaction with management:
-
Entry barriers –
- Initial capex required is significant for a new entrant – if they want to enter
- Customization needs - Vessels have to be customized, tweaked and built as per requirements of ONGC.
-
Indigenization | Atmanirbhar theme
- Difficult for a foreign player to enter Indian markets in the segment and make inroads. If a foreign player has quoted lower on a tender, a company like Seamec gets the first right to match that price; and favoured over foreign players
-
Divers: Upto 150 to 200 m – company deploys human divers. In case of higher depths, machines are deployed.
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Opportunities in East Coast – Lot of opportunities coming up in East coast too, with ONGC exploring new oil production from East coast