Interesting read on what is the optimal allocation for gold in a portfolio.
Silver’s Surge, Gold’s Hedge: Strengthening Your Equity Portfolio with Precious Metals – Capitalmind
Posts tagged Value Pickr
Action construction equipment ltd (28-10-2024)
Is there some issue with ACE, why is the price falling continuously? I searched everywhere but couldn’t find anything
Holmarc Opto-Mechatronics – R&D play (28-10-2024)
It seems competition is high in this business – Margins coming down. Will they be able to ramp up sales without affecting margins. whats the use of increasing sales if profits are the same – in holmarc case profit is declining.
EPS down due to dilution in IPO.
EFC – Entrepreneurial Facilitation Centre (28-10-2024)
Interesting. How is it possible to run a company with just 17 permanent employees if some one can explain?
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (28-10-2024)
These are quantity tenders… prices will be announced by Govt.
There is so much of excess capacity that OMCs have got more offer than required.
Sugar companies will face margin pressure if ethanol prices is not increased – as cane FRP has already been increased. Govt. is encouraging the sugar cane companies to change from cane juice to grains (which is even more loss making !!!)
Maize price may come down marginally in Oct/ Nov due to harvest but will be up again by Dec /Jan). Grain distilleries will be in loss if ethanol price not increased – which is not likely as price has already been increased and is much above cane based ethanol. For many grain distilleries there will be no option than to shut down – they will not be able to compete with dual-feed distilleries of sugar companies.
Ethanol industry is headed for a shake up with many plants shutting down.
52 week highs and all time highs strategy (28-10-2024)
10 Month EMA… (exponential moving avg)… last 3 words of the post clearly mention that. 
IDFC First Bank Limited (28-10-2024)
Why are they provisioning so much that the growth capital is locked in the provisions. It will simply increase the cost of capital and dent the NIMs.
52 week highs and all time highs strategy (28-10-2024)
Sir, just a small query.
Is it 10 month SMA / EMA?
Thanks in advance
dr.vikas
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (28-10-2024)
Disc: Invested
I’m concerned with the revenge tourism now unravelling in the case of hotels. I don’t think it will be an easy road with such a high base established.
https://www.axios.com/2024/08/13/theme-disney-universal-parks-visitor-decline
NCL Industries Ltd (28-10-2024)
NCL BuildTek , in which NCL ind. holds 68% stake itself is valued at 330-350cr in the unlisted market. This company makes Doors, Particle boards, Putty, Coatings, uPVC windows etc, (home improvement biz). This translates to a valuation of 225-230cr for NCL.
- Deal valuations in cement sector happening at 85-125USD/t Enterprise value – Orient – Adani (116$), India cement 120$, Penna 89$, Kesoram 84$, Sanghi 100$. In comparison, NCL EV/t stands at just 42$ (860m cap+220debt = 1080/3MT), so its a lucrative takeover candidate !
- Power assets – 15mw hydro + 8mw Solar + 7mw waste heat recovery = 25MW portfolio, valued between 150 – 200cr. Captive power meets 25% of their reqt.
- Recently acquired Vishwambar cement for 322acre limestone reserves @16cr , which it would use as captive mines. Also investing 150cr (90cr term loan funded) for 6.6 lakhs cement capacity expansion in Vizag. Currently NCL is operating at 90-95% capacity, with operating margins 10-11%, so the efficiency of the comapny looks decent.
- cement sector as such is not doing good, but deep under valuations, which can be repriced in case of a takeover or IPO of its unlisted subsidiary can unlock value for shareholders.
What happened to the 1863cr door orders?? As far as i could track, they hardly supplied 70-75cr doors in AP Housing project, so what happens to the rest of order?
i dont expect any fantastic growth in NCL, its an event based rationale for value unlocking. Can test investor patience though.
Also, any insights into promoters & corporate governance and any other not so visible aspects of NCL would be highly appreciated !