I’m invested in Summit since 16 years.
Revenue has always been wonky; because most of it is reliant on dividends generated by holding cos. Since its history, co has not benefitted shareholders in any way (through dividends, bonus, or anything else) despite operating at healthy margins.
Since its now trading at record prices, my hunch is sell the investment off and invest in cos which have an actual business model!
Posts tagged Value Pickr
Summit securities holding company of RPG group at discounted among holding companies (24-06-2024)
Samhi Hotels – Turnaround with Tailwinds (24-06-2024)
ACIC 950 rooms were already integrated in Sept 23 quarter. Dec 23 and Mar24 Q have the revenues from acic integration.
Samhi will only add 350 rooms in Q3 FY25.
Why ebitda would go from 2758 to 4470 in one year.
More like 3300 to 3700 it should be.
I see in the concall the guidance in revenue is 1000 crore of March 24 + 10%
This is in the transcript
"And on top of that if the market delivers another 10% revenue growth "
Pragnesh’s portfolio (24-06-2024)
What do you think the upside potential for this. There is a shift of company towards green business which will be essential part of any ESG portfolio.
DIY Momentum QnA and Discussion (24-06-2024)
That is really a wonderful product.
For backtesting, I recommend combination of tools depending on the strategy and the level of customization required. Some of the tools I use include Python with Pandas and NumPy for custom strategies, Backtrader, QuantConnect, TradingView, and Excel for simpler backtests.
Streak by Zerodha is a good option for backtesting, especially if you are looking for an easy-to-use, no-code platform. It allows you to create strategies with simple conditions, backtest them on historical data, and automate trading. It’s a great choice if you want to streamline the process without delving too deeply into programming.
DIY Momentum QnA and Discussion (24-06-2024)
what tools do you use to backtest? thinking of using Streak by Zerodha.
Protean EGov Technologies Ltd – A Play on the ONDC, Digital Policies (24-06-2024)
Alright understood, do update if you get any concrete findings. Also about the ONDC so if you google ONDC right now and go to news section, you can find multiple cos. onboarding and stuff. And last mentioned by protean in their call was that they are only receiving compensation from ONDC but there are so many transactions already taking place so when will they start receiving revenue from transactions and also to what extent of revenues can be generated from it
Protean EGov Technologies Ltd – A Play on the ONDC, Digital Policies (24-06-2024)
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Suryoday small finance bank (24-06-2024)
Ujjivan small finance bank reported 1.7% credit cost
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (24-06-2024)
My note on Ugro Capital. Here biggest risk is If I am wrong in my assessment of founder integrity and execution capabilities. I am reasonally confident of business model, scaliability and credit cost due to granular nature of book.
Notion – The all-in-one workspace for your notes, tasks, wikis, and databases.
Sanghvi Movers (24-06-2024)
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