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Posts tagged Value Pickr
Everest Kanto Cylinders Ltd. – A long runway ahead! (20-02-2024)
So, in last 2 years we know who is pushing out of business. Management of EKC looks dodgy and a very respected PMS is invested in EKC, that’s why I am intrigued to find out what I am missing in EKC
Disc: Invested in Time Technoplast from 70 levels
Everest Kanto Cylinders Ltd. – A long runway ahead! (20-02-2024)
So, in last 2 years we know who is pushing out of business. Management of EKC looks dodgy and a very respected PMS is invested in EKC, that’s why I am intrigued to find out what I am missing in EKC
Disc: Invested in Time Technoplast from 70 levels
AA – Abhishek’s Attic (place to store stuff to clear my head)! (20-02-2024)
Thank you! This is helpful.
AA – Abhishek’s Attic (place to store stuff to clear my head)! (20-02-2024)
Thank you! This is helpful.
Request for Information on Indian Companies Involved in Accounting Fraud (20-02-2024)
Varanium cloud is also suspected of these. You can check that
Dreamfolks services limited( DFS) (20-02-2024)
Hi I have question: So dreamfolks is currently asset light model which act as aggregator/ middleman between lounge and credit card (Banks) Don’t you think from account perspective the revenue they are disclosing is GMV, and not net revenue and cost related to lounge access is also not related to them their real revenue should be Sales – lounge access fees as they are middlemen. It is accounting revenue recognition rule.
Or am I missing something here? Reply will be appreciated.
Thanks,
Request for Information on Indian Companies Involved in Accounting Fraud (20-02-2024)
“The term of Mr. Y. Venu Madhava Reddy as independent director was expired on March 31, 2020 and the Company considered appointment Ms. Asha Mehta as independent director in the board meeting held on May 09, 2020. Disclosures of the said expiry of term and appointment were required to be made within 24 hours of happening of events, however the disclosures of said expiry of terms and appointment were made with considerable delay on October 06, 2021.”
They changed independent director and informed exchange after 1year and were disclosing financials regularly.
Check the thread on other irregularities related to Rajesh Exports.
https://twitter.com/BeatTheStreet10/status/1751905681199005991
Narayana Hrudayalaya Ltd (20-02-2024)
As a medical service provider, you can choose packages and say no to these as well. It is not mandatory. I am not looking from economic perspective like presence in market, but purely financial perspective. NH has lower revenues from Jaipur because they chose not to do this nature of business. Mentioned in concall.
just for example : Chemists Protest: Chemists Protest Non-Payment of Bills under RGHS: Jaipur | Jaipur News – Times of India
Private Hospitals: Remove Cap Of ₹1,000 On Daily Drugs Under Rghs, Demand Pvt Hospitals | Jaipur News – Times of India
Request for Information on Indian Companies Involved in Accounting Fraud (20-02-2024)
My apologies if I gave the impression that I was recommending Rajesh Exports. I simply disclosed a holding that I had bought almost a decade back. I rarely sell so it’s still there (currently less than 1% of my portfolio). It’s kind of an experiment to see what happens if you simply forget to sell for a long time.
I was simply commenting on the shallowness of a content creator on YouTube. I can put out similar stuff about Tata Motors from their annual reports, but for what use? You never have a perfect company. Everyone is free to believe what they analyze and make decisions based on that.
You need something more to suggest accounting fraud, say a SEBI notice/investigation, directors/auditors resigning, etc.
Let us not hijack this thread. We can take this discussion on the company thread, if there is one.