I am interested to know aboout the earnings growth potential in offshore segment , I estimate an increase of 80-90 Cr EBIT from repricing of 12 offshore vessels – also curious with improvement of at least $3,000 to $4,000 a day on each contract repricing – why does acquistion of more offshore vessels up on the cards of GESCO , can someone from oil and gas research background quantify the impact of repricing to come from offshore rigs , two of the offshore rigs are up for repricing within this financial year . Also do there exist inorganic growth opportunites in offshore business?
Posts tagged Value Pickr
KDDL (Ethos Watches) – Scalable business model at an inflection point? (14-05-2024)
This is the result for ETHOS right and not KDDL? or is the thread same for both?
Chalet Hotels – Playing on discretionary spend (14-05-2024)
One of the fastest growing hotel business in India.
PSP Projects – Construction Company (14-05-2024)
Thanks,
You are right that we need to reward merit. That being said I became a bit skeptical looking the growth of PAT and growth in comp. Shouldn’t performance be linked to PAT ?
On my other point though I am not worried about inequality but rather the incentives for others to perform.
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (14-05-2024)
Shilchar focusses a lot on exports. Shilchar does not rely on any government orders where there are pricing pressures to be at the bottom. Shilchar focusses more on RE sector largely for clients that are setting up their own captive plants – these clients value a lot on performance and are willing to pay the extra price. Shilchar has lot of experience and credentials in this space – as client priority is more of reliable performance, they generally give higher price. Shilchar will continue to maintain 25 – 30% range as long as this demand continues which should continue for few more years.
Disc : No recent transactions – invested since much lower levels and views can be biased
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (14-05-2024)
As per the concall transcript, there are various types of transformers. Shilchar is into renewable transformers. Which is a niche market. There are virtually no big organized player (at least bigger than them). Then there’s a entry barrier as well. No idea if margins will continue to be the same or will increase or decrease.
Not a buy or sell recommendation. Invested. May be biased.
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (14-05-2024)
Listen to the oddlots podcast on Bloomberg or apple
Odd Lots: Lots More on America’s Electrical Components Crisis on Apple Podcasts
The last few years shortage of electrical components from switchgears to transformers to trans oil is now coming to parity and should be resolved in two years.
So components companies may do well till then. Then margins will come to parity at maybe higher rate but nowhere close to 20-30%. 10-14% will be new normal for most companies.
Thats the play. But market is giving PE as if current margins will sustain into eternity.
Discl: Do not own any transformer company except for CGPower which is more of a wider industrial play.
PSP Projects – Construction Company (14-05-2024)
No stock becomes multi-bagger by adding 5-10 Cr to the annual bottom line by cutting CEO’s salary.
What matters to me is that the company has done 3X net profit in 5 years. If PS Patel can deliver 4X in next 5 years, shareholders might be happy to further compensate him.
However, if you are bringing in inequality angle between him and his employees, then it begs a different discussion and different forum. Also, I believe ESOPs should be offered to select employees, who are key for company’s success and to retain them.
Piccadily Agro Industries Ltd (14-05-2024)
@Metalhead44 – Piccadily currently has 40,000 plus casks maturing in their warehouses. They have enough stock to meet demand for the next 4 or 5 years. This capacity expansion is required to maintain the current rate of supply at current rate of demand. If they do not start capacity expansion right now, they will have to cut down the rate of bottling 3 or 4 years down the line. Cutting down supply is not a good marketing strategy for a brand that is aiming for a dominant position in the market.
Discl : Invested.