How can online retailer have Receviables?
Posts tagged Value Pickr
Phantom Digital Effects Limited (14-03-2024)
Hey, has anyone researched that whether a listed VFX company, globally have made money for their investors? Especially in the USA?
Would love to discuss some thoughts on the same!
Dislaimer: Invested
SKM Egg Products – thinking out of the shell (14-03-2024)
Yes thats the million dollar question, what is the average run rate.
Was that bump to 30 to 35 cr sort of bottom line, just one off quarters , or perhaps the median going forward will be around 10-12cr around.
Its just a guessing game, im absence of management commentary so guess will have to wait untill numbers come out over the next few qtrs.
If company goes bk to 200 sort of topline and 30cr sort of bottom line, & sustains that as a base, then there will be a massive rerating by the market.
For now lets hope so.
Rest we will know in due time.
India Pesticides Ltd (14-03-2024)
Yes nothing specific is out in terms of news or any fundamental change except for promoters reducing 2-3% stake that too a few qtrs bk, dont seem to make sense of these continues 20% and 10% LCs on the stock.
Unless something is brewing and people with inside info are offloading?
Eris Lifesciences – 100% of sales from India Pharma Market (14-03-2024)
One more acquisition
IIFL Finance (erstwhile IIFL Holdings) ~ Retail focused diversified NBFC (14-03-2024)
As expected rating agencies have put their NCDs on
Watch Negative.
Meanwhile board has okayed Fund raising for an amount not exceeding Rs. 1,500 Crores (Rupees Fifteen Hundred
Crores Only) by way of issue of Equity Shares of the Company (“Equity Shares”), on a
right basis (“Right Issue”) to its existing eligible shareholders.
Raising of funds through Issue of Non-convertible debentures on a private placement
basis upto Rs. 500 Crores (Rupees Five Hundred Crores)
Is Buy and Forget a Myth? (14-03-2024)
Yes I have read the book. Here is another view.
Problem with researching beyond discovered names is the quality of disclosures and corporate governance. You are relying on the information provided by the company. During bull market every company will have good orders, strong balance sheet, appealing narrative etc. And it all sounds very convincing.
But no amount of research will protect us against dishonest promoters. Rising tide lifts all the boats and when the tide reverses, lots of companies and their investors are found swimming without clothes. Just do a research and find out how many of so called undiscovered trades have made wealth for their investors in the long run. Yes, one could always find a Titan or Tata Motors in the heap of rubbish, but that requires a certain kind of courage and luck that not everyone will have.
Star investors like Kedia have kind of access and inside information that we’ll never have. They are sought after by promoters, of the small companies, who are willing to do deals with them to just get them to enter the stocks and move prices. So contrary to what we think, star investors don’t spend time researching companies; they do deals.
Plus we will never be able to buy the stock at the price star investors (by the time news is out, stock would have run 2-3x) and exit the stock at the price they do.
To quote another genius, Charlie Munger, it’s always better to buy wonderful businesses (strong franchises) at fair prices than buying fair businesses (so called undiscovered trades) at wonderful prices. HDFC, TCS, Infy etc have been in the mutual fund’s kitty for last 20 years and yet they have compounded wealth for their investors over the years. Big and smart money will always go into quality stocks.
Just a perspective. Eventually everyone is right or wrong in the stock market depending on what year and month we are in.