I said to visualize it as such, not that there is a real transaction happening.
The intent is to distinguish from the special situations where land bank is empty and thus not reflected in PE or PB.
Posts tagged Value Pickr
Avenue Supermart: a compounding machine? (15-03-2024)
Nesco (15-03-2024)
NESCO Foods was the lead F&B concessionaire in AAHAR (India’s largest B2B Food & Hospitality Fair) held in Pragati Maidan, Delhi recently.
Avenue Supermart: a compounding machine? (15-03-2024)
You could have said, apparent rental income is accounted in share price, there’s no way it could be accounted in profit and loss. Without any real transaction how can you say that it is being accounted in books.
This argument might make sense that share price has discounted it, books of accounts don’t show hypothetical pictures, and there’s no rule written and unwritten which allows a company to lease assets to itself unless property is held by trust or subsidiary
There is no compect of notional revenue and what you’re saying would have been true, companies might own hundreds of properties and lease it to self and inflat it’s revenues like crazy.
Avenue Supermart: a compounding machine? (15-03-2024)
You may visualize the revenue as sum of revenue from its grocery business plus the rental income from its properties. Just that Avenue Supermart is leasing the property to itself. So rental yield of its properties is already accounted in the profit/loss.
Biocon – The ultimate biosimilars play! (15-03-2024)
https://twitter.com/kiranshaw/status/1768445810314772600?s=46
6 Crores seen in Electoral bonds revelation.
Tamilnad Mercantile Bank Ltd (TMB Ltd) – An undervalued pvt. sector bank? (15-03-2024)
Resignation of Company Secretary and Compliance Officer
Today, Mr. Prakash Chandra Panda has tendered his resignation to the board citing personal reasons.
Avenue Supermart: a compounding machine? (15-03-2024)
They are saving rent expenditure but how the value of land is accounted in the profit/loss?
Satia Industries – Journey towards Cyclical to Shallow Cyclical? (15-03-2024)
I my opinion rerating depends upon market. If some big/good investors come mostly then companies rerate and who knows when market will rerate. Only we can speculate. Atleat they should grow so that margin of safety will increase only and then if rerating happens it will boom.
By growth only it should play instead of play on the basis of rerating because it may take long time. Just my thoughts.
Not a buy/sell recommendation.
Satia Industries – Journey towards Cyclical to Shallow Cyclical? (15-03-2024)
Seems like they are already supplying notebooks based on their recent expansion. If they can continue to profit and increase turnover with the education policy, and maintain the profit margin, the PE should re-rate. If the historical PE for paper is 10, then I expect the shares to trade above 200.
Lt foods (daawat) (15-03-2024)
Promotor group buying the share.
Tracking the business