paul merchant finance pvt ltd is a subsidiary company of pml ltd paul merchant finance pvt ltd is a gold finance company which is opening 3 new branches every month. very good future expected bu one problem is order of ED https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e906bd3-b0db-47f0-8b6a-e0a80272f9fc.pdf
Posts tagged Value Pickr
GMM Pfaudler: A safe way to play the Pharma/Chemical cycle (15-03-2024)
I too have been closely following Gmm pfaudler. After years i am seeing this below 30 pe now and my guess is that this is because of pharma downturn, too many ownership transfers. It does feel that there might not be exciting growth for next few quaters but certainly seems like good opportunity to start creating position. Lot of growth triggers are there per my opinion – leadership in glasslined equipment, good growth in the mixing portfolio, higher share coming from services which is high margin and also repeatable/ less cyclical business.
Disc – Biased and tracking closely with minor position
Vineet Jain portfolio (15-03-2024)
Sunteck Realty has been butchered in this small-cap and mid-cap fall. I feel the current price is a reasonable level to enter in. I will wait for their March 2024 quarter results before taking any action. Did you cut your stake in Sunteck Realty?
GMM Pfaudler: A safe way to play the Pharma/Chemical cycle (15-03-2024)
Managment is focussed on progressing on allied segments while maintaining dosmetic market share in Glass lined segment. Management being very conservative in the guidance makes me think that it can be well achieved or may be exceed.
Pharma and Chemical cycle looks to be bottomed out too which further can accelerate GMM’s performance.
Though easier said than done but I’m hopeful and bullish on the management.
Disc – Invested
Pune investors group (15-03-2024)
I am also please add me
Great articles to read on the web (15-03-2024)
Vey bad decision . If they are not moving to EV anyway fossil fuel resources are going to last for the next 30 or 40 years. After that what they are going to do
Paul Merchants deep value (15-03-2024)
excellent find i would say,few things i would like to add is there are only 3400 shareholders in the company out of which 80 % of it is with 8 people so free float is limited.Promoter has also bought shares from the market and increased his shareholding to almost 75% maximum possible allowed.
few things i dont understand is why they are giving short term loans which amount to almost 873 cr (4 times times the current market cap) considering they are in the buisness of currency exchange and there op margins are consititent 1% kind of confirms they are in the buisness of money exchange.
disc:no investment now will read annual reports to find more about the company
Paul Merchants deep value (15-03-2024)
Well Sawkar,
I think when I chose I stock, I try to find the value in it, and sometimes markets don’t give the stock value for years, but if the stock has a value it eventually unfolds.
I am beating myself, I bought cupid at 200-250 range in 21, it got stuck there for 3 years and I got fed up, when I left the stock within 10 months it became 10 bagger.
Street did find value in it but it just took a little longer, when my patiance ran out.
Horizon is pretty long, as long as fundamentals improve and quarterly numbers don’t through a major negative surprise, in which case it doesn’t matter whether losses or profit, I’ll get out.
Ratios aren’t attractive yet, but it is a tiny market cap company, and as long as ratios are heading north, which is the case for last few years , their ratios are not deteriorating , they aren’t attractive but are improving yoy.
If it survives it can multifold, if it doesn’t I lose little (1-2%) of folio at worse.
Great articles to read on the web (15-03-2024)
S. Naren of ICICI Prudential Mutual Fund makes some good points in this interview/article (may be paywalled). Edited excerpts from the speech towards the end of the article.