Impressed by their conference call. Unlike most, Mr. Harshad presented a real picture of the company highlighting the difficulties as well rather than just presenting a rosy picture. Valuation wise, given an entry in the pipes business, there can be P/E expansion.
Posts tagged Value Pickr
Protean EGov Technologies Ltd – A Play on the ONDC, Digital Policies (01-07-2024)
Pls elaborate how to read this
Sansera Engineering (01-07-2024)
@divygupta - Thanks for sharing the details. It was a fascinating read.
Have a question: Has this experience changed your views on thhe company in any way? If yes, can you you share what/how?
Disclaimer: Invested in Sansera. Not a recommendation for anyone.
Nuvama Wealth Management: Proxy to Affluent India (01-07-2024)
Do you have answers to:
- Why their cash flow profile is so poor? : Conistently hugely negative Operating cash flows over last 5 years
Wealth mgmt biz throws a lot of cash. Why its not getting reflected in CFO ?
If you compare to Anand Rathi wealth, their cash flows are positive & they pay dividends too - When does Nuvama plan on starting a dividend payout ?
- Wealth mgt. forms around 60% of Sales. The balance 40% is from all the rest (AMC, IB, Broking, Loan against Shares portfolio)
What’s the yield or NIM on their LAS book ? In bull markets like current one, clients may get over-levered. Are they protected?
Why is the gearing D/E increasing every year 2.4 currently?
What gearing level do they plan to settle down on? - Why not get rid of the LAS portfolio which necessitates taking on debt and just focus on the high ROE wealth mgmt, AMC and IB and institutional broking bizs only?
I don’t know if the above questions have already been answered by the mgmt. If not, I plan on asking these in the coming Q1 F25 con call.
The long term Wealth mgt story is a good trend to play on, but, there are risks with this co. having negative cash flows & not paying any dividend.
Lets hear your thoughts
Nuvama Wealth Management: Proxy to Affluent India (01-07-2024)
Do you have answers to:
- Why their cash flow profile is so poor? : Conistently hugely negative Operating cash flows over last 5 years
Wealth mgmt biz throws a lot of cash. Why its not getting reflected in CFO ?
If you compare to Anand Rathi wealth, their cash flows are positive & they pay dividends too - When does Nuvama plan on starting a dividend payout ?
- Wealth mgt. forms around 60% of Sales. The balance 40% is from all the rest (AMC, IB, Broking, Loan against Shares portfolio)
What’s the yield or NIM on their LAS book ? In bull markets like current one, clients may get over-levered. Are they protected?
Why is the gearing D/E increasing every year 2.4 currently?
What gearing level do they plan to settle down on? - Why not get rid of the LAS portfolio which necessitates taking on debt and just focus on the high ROE wealth mgmt, AMC and IB and institutional broking bizs only?
I don’t know if the above questions have already been answered by the mgmt. If not, I plan on asking these in the coming Q1 F25 con call.
The long term Wealth mgt story is a good trend to play on, but, there are risks with this co. having negative cash flows & not paying any dividend.
Lets hear your thoughts
StageInvesting +Elliot Waves (01-07-2024)
In a bull market like these, sometimes you just ride using some moving average ( in this case 9 months moving average) , because waves keep extending.
StageInvesting +Elliot Waves (01-07-2024)
In a bull market like these, sometimes you just ride using some moving average ( in this case 9 months moving average) , because waves keep extending.
StageInvesting +Elliot Waves (01-07-2024)
Hi Sir @StageInvesting , can you pls share your view on Anant Raj in terms of waves?
Thanks
StageInvesting +Elliot Waves (01-07-2024)
Hi Sir @StageInvesting , can you pls share your view on Anant Raj in terms of waves?
Thanks
Pragnesh’s portfolio (01-07-2024)
Pragnesh Bhai [@Pragnesh]: Have a look at - GPT Healthcare Ltd share price | About GPT Healthcare | Key Insights - Screener. This seems to be from your circle of competence. Ground level feedback (about the management and work culture) using your connects in the medical field will be extremely valuable. TIA.