Posts tagged Value Pickr
Sunteck Realty – Quality Real Estate Company (09-04-2024)
Pabrai is exiting India completely as per recent news report
See the bright Sun: Aditya Vision (09-04-2024)
d2cfb97c-d9ec-440a-8261-6755d1f900bb.pdf (313.4 KB)
Raid at their warehouses in UP
The Anti-Portfolio (09-04-2024)
@vikas_sinha – Firstly, congratulations on achieving 33% CAGR over almost 7 years, that quite an achievement. Do you mind sharing why you think Beta Drugs is a mistake? Would like to understand your anti-thesis on it. Per me, it has the following things going for it:
Strong R&D setup in place
Indian Oncology Drug market is on the rise
It is a net debt free company
High ROE and ROCE business and steady operating margins of 18-19%
It’s expecting 290cr+ revenue for FY24
And I also believe you have been tracking Arman Financials for a while now, what according to you is the hold up with it? Is it the recent increase in NPAs or is there more to it? It’s been consolidating for a year now, which I think is good. But when it comes to triggers which will make it regain its upward trajectory again, what do think those are?
Thanks in advance !
Suryoday small finance bank (09-04-2024)
The bank has reported advances of Rs 8,650 crore for the quarter ended March FY24 (including inter bank participatory certificates (IBPC) of Rs 400 crore), growing 14 percent over the previous quarter and 41 percent over the year-ago period. Disbursements at Rs 2,340 crore increased by 31 percent QoQ and 39 percent YoY, while deposits grew by 20 percent QoQ and 50 percent YoY to Rs 7,775 crore for the quarter. The CASA ratio has improved by 1.6 percent QoQ and 3 percent YoY to 20.1 percent in Q4 FY24. The disbursements in FY24 of over Rs 6,900 crore increased by 36 percent compared to FY23 on continued momentum in Vikas Loan as well as retail assets disbursements.
See the bright Sun: Aditya Vision (09-04-2024)
I initiated a small position in AVL when it was trading around 800 levels and recently exited. My primary concern with the company revolves around corporate governance and the ongoing trend of the Sinha family members selling their shares.
I believe this could be attributed to the rich valuations at which the stock is trading. However, it does shake my confidence in maintaining a long-term investment in this company.
Given that they operate in a fairly mature industry and in a region that may not attract the interest of giants like Reliance or Croma anytime soon, it is a decent bet in the near term.
Delta Corp – A huge but risky opportunity (09-04-2024)
I guess Delta is at a critical juncture… and lot of things are not in thier hands…
- I think they have resigned to the fact they cannot grow thier gaming operation… license for more casinos is not forthcoming … they have also sold thier Nepal casino and are not looking at more options except Daman… which is on limbo for a long time
- GST is a issue they will come out of and the current Gaming business generates good cash…
- they are looking to deploy this Cash in real estate and I think they can do well …but again this has to play out
- Online gaming is a optionality… it can generate good valuations if all goes well…
I would buy below 100 with lot of patience as real estate play will take 5-7 years to play out…
Srivari Spices and Foods Limited (09-04-2024)
The stock has seen a sharp runup, from 270-80 level to 370-80 level. Is it justified?
In H1 Sep,23; the company did 30 crores topline with 2.6 crores net profit.
Later, the company declared in Nov. 23 that they are doing almost 8 crores of monthly sales with 20+ percentage margin. Lately the company also declared placement of its products in Reliance retail, balaji grand bazaar, SOLV, Ushodaya etc. Keeping these development in mind, we can estimate [purely my estimate] a topline of 80 crores with around 7-8 crores net profit. Thus, today the company is being traded at 30 times p/e based on estimated 2023-24 earning per share.
In Q1, the company is planning to introduce healthy unrefined oil. Thus, even the current financial year growth plans of the company remains intact, and a price earning ratio of 30 for such a fast growing company is not exorbitant.
[Disclosure: Invested]