Clarification by one of the companies mentioned in the list, Lokesh Machines with Mcap of INR 650 Crs.

When stock is up they will find N reasons to justify the valuation. When it tumbles they will give N^2 reason to show why it was overvalued, downcycle this and that.

I believe it’s going to consolidate for some more times, just like how some other bluechips have done since 2021. It’s a pretty great company and very closely tied with India’s growth story.

Thanks for initiating this topic. Looks interesting to me. I wonder in what ways are they relevant to the electronics industry though?

Less number of writers in a couple of decades? I can see it now in VP. While I do acknowledge and appreciate the intention of members sharing, AI-generated text doesn’t ignite any interest to read. The insights, some of them even if personal, even if inapplicable to me, but originated in a member’s mind, are interested to me, even helpful to me to create my own understanding. I would not have understood a lot of things, if not for the writings of the members of this forum and elsewhere. The differentiating factors each one brings are so unique that, I can understand many things about a business, which I would not have understood on my own. The collective is so powerful.

Shorter-term bets are personalized, right from the selection; entry to profit booking. While investing may not be as personalized as trading, investing too has the element of independent thinking, so I find it hard to develop my own premise from the text generated by a machine. Even with transcripts of conference calls generated by machine, the absence of certain words can present a different picture, a disconnect. Perhaps this is the way going forward for younger generations, learning from videos; AI, but I find it uninterested and difficult.

I believe that will not be the case with VP, and the tradition of members posting their own thoughts; insights and wisdom lucidly will continue even as AI becomes more prevalent.

I’m not particularly concerned about the margins, as the industry naturally requires a minimum three-year period of initial strain, where costs are front-loaded and profits tend to come later. The acquisition of 300 beds was a strong move; however, was it necessary to acquire 60% of a facility? Expanding our existing units might have been a more strategic approach. My main concern lies in the capital allocation decisions. There are factors beyond our perspective, so I’m awaiting management’s response.