Not mouthwatering valuations considering falling soda ash prices.
Posts tagged Value Pickr
Thirumalai Chemicals – A chemical Company (06-03-2024)
Sir can you please substantiate the below data (written by you) with any proof, if you are speculating then why in this forum,
Chinese dumping was also expected to stop by Q3FY24.
JTL Industries – Fast Grower at an inflexion point (06-03-2024)
Management Update 2nd March 2024
JTL Industries – Fast Grower at an inflexion point (06-03-2024)
Yes, you are correct. Given the strong tailwind of (1) broader end usage and (2) market consolidation – the bigger established players with access to better technology can capture incremental market share on higher margin products.
This is the same playbook we have seen playing out for CPVC players, where despite being a commodity all players (Astral, Supreme, Aashirwad) have faired well.
One should brace for volatility, as we have seen in the past for both APLapollo and JTL.
South Indian Bank (06-03-2024)
I would like to consider that option because in the case of India bulls the RE was selling for up to Rs 46 and with the RE I could buy for Rs 150. So, I could sell the RE for say 42 and buy the shares from the open market for Rs 180. However, we get taxed on Rs 42 one receives on selling the rights, if I am not mistaken.
In the case of South Indian Bank, I have the following options:
- Maintain my proportional ownership in South Indian Bank at a discount of Rs 8 from the CMP
- Decrease my proportional ownership in South Indian Bank, sell the RE at around Rs 7.50 or whatever the current traded price is for the rights buy any share which I think is undervalued
- Not do any of the above in which case my ownership in South Indian Bank gets diluted anyway without the income from selling the RE.
Since 3 is not a good option, I might as well go with option 2 if I don’t want to do option 1.
Marico Limited (NSE: MARICO) (06-03-2024)
True. Especially Marico seems to be fairly priced at 45x. If you are not aggressive investor it is proxy to debt and can give 8%(including 2% dividend) of returns for many years to come based on a conservative profit CAGR of 10%
How to register with SEBI as a Research Analyst? (06-03-2024)
Hey – I have dropped the decision of getting a SEBI RA certification. I had enrolled into the ignou course as suggested by @Ferrari1976 and have got the books, if anyone needs the books kindly reach out to me
South Indian Bank (06-03-2024)
The South Indian Bank RE will show up in your demat which you can sell. RE is rights entitlement. If you sell RE it means you’re selling your rights to buy shares at lower price to someone else.