The whole concall was around 34-35 mins. Their defence was not right that its taking long. They have to clarify the question asked by investor. The whole management approach looks very bad towards shareholders. They have also not been shareholder friendly in recent take over subsidiary.
Posts tagged Value Pickr
Ador Welding Ltd (02-05-2024)
@Sandipn are they doing concall at 3PM? Where can we hear?
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (02-05-2024)
RBI’s press release mentions that the action was taken due to lack of backend systems in place. It also specifically mentions outages i.e. lack of switching to backup as the main reason for action.
Their customer interface on their apps might be good but RBI rap is for their lack of necessary systems and infrastructure. Banks do prioritize quarterly profits over adequate infrastructure
Disc: Hold positions
Amarjothi spinning mills ltd the value added colour melange yarn (02-05-2024)
Recently promoter bought some shares
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (02-05-2024)
Hi. Can you simplify this a bit more? My opinion is that they are focusing on clientele which wants captive renewable power for their manufacturing operations. That is why they are able to increase volumes even though they are primarily selling small capacity transformers. Would you agree to this or can you shed more light on this? I wrote about this in more detail in post 87 on this thread. An excerpt is below:
“Polyplex Corporation “ Are Good Days Ahead? (02-05-2024)
If we see the balance sheet, the cash has always been more than the debt…so we can say that its has been net debt free. From the cash flow we see that except for 2013 and 2014…the company has generated free cash flow.
For promoters, dividends is a way to take home some money from their business. Not saying whether it is right or wrong, prudent or not, but thats the reality. The company historically has not generated any great RoCE as such.
Route Mobile – Internet, Mobile & Telecom (02-05-2024)
Thanque for correcting.
Yes, it’s open offer where shares just change hands.
Gurugram Valuepickr (02-05-2024)
I live in Delhi. I am in.
Rural Elect Corp (02-05-2024)
I’d say it’s too early to say if PSU asset quality has started to improve. There is an inherent cyclicality to asset quality which keeps playing out. Last couple of years saw NPAs bottoming out which led to higher profits for lenders and more impetus for the latter to grow their loan book. But as we have started to see from the increasing provisioning of leading lenders, NPAs are now picking up and in some years they might start peaking out. Then we’ll see real difference between high quality lenders with strong risk management and the others. So let’s wait out 1-2 years.
Also I won’t be sure of quality of PSU management. Most CEOs are appointed by policy of revolving door with many pushing retirement age, with no real incentive to upset apple cart, and even the best ones find their hands tied with bureaucracy.
But again I could be biased against PSUs based on my experience with their stocks in the past and this time it could be different as you pointed out.