Sales declined but profits have grown
Posts tagged Value Pickr
MKVentures Capital Ltd (13-02-2024)
I couldn’t get information on the business of MK Ventures post promoter change. What was the idea behind acquisition?
Also, I see that the loan book has grown from 23 cr to 134cr in Sep YoY. Is it into lending and, if so, can please someone share details about it?
Thanks.
MKVentures Capital Ltd (13-02-2024)
I couldn’t get information on the business of MK Ventures post promoter change. What was the idea behind acquisition?
Also, I see that the loan book has grown from 23 cr to 134cr in Sep YoY. Is it into lending and, if so, can please someone share details about it?
Thanks.
Som Distilleries and Breweries (13-02-2024)
Thanks @mendax2014 , this is a grown up forum. I dont mind using those words as it communicated to me cant trust the promoters so sell it. I agree when i look at it again. thank you for sharing and raising an alarm
Som Distilleries and Breweries (13-02-2024)
Thanks @mendax2014 , this is a grown up forum. I dont mind using those words as it communicated to me cant trust the promoters so sell it. I agree when i look at it again. thank you for sharing and raising an alarm
The Anup Engineering Ltd – Can it scale up? (13-02-2024)
I perceive no alterations in the fundamentals. In my view, the reasons for the observed correction might be as follows:
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The Q3-24 revenue witnessed a decline of around 8% compared to Q2-24. Nevertheless, the management explained that a client supplied raw materials for a project, resulting in a 12Cr reduction in raw material costs and subsequently impacting the top line.
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There appears to be a general trend of selling or profit booking in mid & small-cap stocks.
I hope that helps.
Disclosure – Invested at lower levels
The Anup Engineering Ltd – Can it scale up? (13-02-2024)
I perceive no alterations in the fundamentals. In my view, the reasons for the observed correction might be as follows:
-
The Q3-24 revenue witnessed a decline of around 8% compared to Q2-24. Nevertheless, the management explained that a client supplied raw materials for a project, resulting in a 12Cr reduction in raw material costs and subsequently impacting the top line.
-
There appears to be a general trend of selling or profit booking in mid & small-cap stocks.
I hope that helps.
Disclosure – Invested at lower levels
Sky Gold ltd. – Will it reach the sky? (13-02-2024)
Company looks good fundamentally with a strong growth trajectory. Need to see if management walks the talk and meets the guidance of 5000 Cr revenue by FY27 or not.
But the preferential issue done at a significant discount to the share price at that time is concerning and then another preferential warrants issue within a month (although close to the current price this time) raises some doubts on the company.
Disc: Tracking position