Two senior management personnel resign within 5 days. Something brewing up?
Posts tagged All News
Indian Rupee hits all-time low of 84.50 against Dollar (22-11-2024)
Indian Rupee plunged to a record low, pressured by continuous foreign outflows and renewed strength in dollar
Sebi proposes more diversified ownership of equity clearing corporations (22-11-2024)
A clearing corporation is responsible for the confirmation, settlement and delivery of trades
Samhi Hotels – Turnaround with Tailwinds (22-11-2024)
Appreciate that the negatives are being considered, however the business has visibility on keys for the next 5 years and especially in markets that is seeing very robust ARR growth (Bangalore and Hyderabad). They are starting from a low base on ARR and with continuous refurbishment they should be able to support ARR growth. Marriott has given them W and Westin contracts recently and these brands dont come easy, this means Marriott is happy with their work. Just by ESOP expense fading they will have higher EBITDA margins. They are on 36-37% EBITDAM, and while comparing that to Nexus hotel in Chandigarh they are doing 40% EBITDAM (comparing it to them to just showcase that how much potential Samhi margin increase has given that a Retail REIT who has no focus on hotels is still doing 40% EBITDAM). The business is giving you 11-133% FCF yield so debt can reduce whenever they really wish and lastly the valuation gap is significant vs the peers – half of Juniper and everyone knows junipers performance
Sebi proposes more diversified ownership of equity clearing corporations (22-11-2024)
India markets regulator is proposing more diversified ownership of equity clearing corporations, which are currently fully owned by the country’s exchanges.
High-Yield Savings Accounts Are Still a Good Deal (22-11-2024)
Interest rates have been falling, but deposits are earning more than inflation.
SEBI proposals on SME-IPOs are much needed (22-11-2024)
RegulatorSEBI may consider giving some relaxation on minimum allottees of 200
J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025 (22-11-2024)
J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to close the year firmly below $70/bbl, with U.S. West Texas Intermediate at $64/bbl, the bank said in a note on Friday.