Sky Gold is having 50Cr investment in HDFC bank which is around 50% of their net-worth. Annual Report 23 says that all Non Current Investments (HDFC bank and others) are pledged for short term loans; so I doubt they can liquidate it soon. anybody can explain this? is my understanding correct? Thanks in advance
Posts tagged Value Pickr
DEV Information technology ~ A play on Low float & management change? (16-01-2024)
(post deleted by author)
Multi-Disciplinary Reading – Book Reviews (16-01-2024)
Phantoms In the Brain V S Ramachandran book
A patient suffered stroke that paralysed the left side of her body, but she believes that her left arm is working fine. In asking who’s this paralysed arm, she says this belongs to her brother.
Other patient due side effect of stroke, he started laugh uncontrollably and ultimately died due to laughing.
One young patient had accident and suffered head injury. He thinks her parents are impostors who looks like his parents but are not his real parent.
None of these patients are crazy, hence psychiatrists’ treatment would be waste of time, rather each of them suffers from damage to a specific part of the brain.
The fascinated part is that many of us encounters small stroke which neither self nor other notices. Such stroke affects part of brain and outcome is odd behaviour which can’t be explained.
Like in one patient part of brain Hippocampus is removed during surgery. Hippocampus is responsible for memory, due to the removal patient is not able to form new memories, yet he recalls everything that happened before the surgery.
One patient suffered small stroke and on the way to recovery. He knows every other thing of his life and talk with doctor normally. However, when dr asked “What’s Seventeen Minus Three?” – he was not able to answer it. This means each of us has a number center in the region of the left angular gyrus. If we suffer stroke there than we can’t perform easiest numerical computational tasks.
We have body map, under which as example index finger is associated some point at our face. So if you touch that point the sensation is felt in finger.
And below blew my mind:
There is terms in medical pseudocyesis or false pregnancy.
This happens to woman who wanted to have baby badly. Under this they develop all signs of pregnancy except baby. Their abdomens swell to enormous proportions, aided by sway back posture, nipples become pigmented, morning sickness, sense of fatal movements and menstruating cycles stopped.
This shows power of mind.
The book gives us different prospective of mind and life. One become more acceptable to others view point.
This book has no relevance to stock market. You may like if you have interest to know more about mind or philosophy.
My portfolio updates and investment journey (16-01-2024)
Hi @Shakti_Srivastava on your question on whether i enter stock post complete sell, it happens very rarely. One instance i remember is Permanent magnets (PML) which i discussed here: My portfolio updates and investment journey – #26 by joinjp2003
Rentry is based on substantial change. So in case of PML, it was their move to go up value chain which can result in 3 to 5x revenue jump. I dont remember any other business. But i will add it here if i remember anything.
Hitesh portfolio (16-01-2024)
Hello, Hitesh sir,
Is the pattern in Manappuram Finance indicative of a bullish cup pattern?.
From technical point of view in cup and handle pattern what’s the good entry point
Do we wait till it forms handle or do we wait till it hit all time high
Manappuram had all time high of 220 previously
I’m eager to hear your expert insights
Thank you,
Mahesh
JK Paper – Best Bet in Paper Sector? (16-01-2024)
Is the disturbance in Red Sea due to Houthi attack good for JK?
Mrs Bectors Food Specialities: Can it beat the industry? (16-01-2024)
IIFL initiates a BUY on Bectors food with a tp of 1375 a piece-
Tracxn Technologies (16-01-2024)
Guidance
1.Maintaining 30% revenue growth guidance
https://www.youtube.com/watch?v=Kvy6pz8Nq8Y (6:21-6:44)
2.Investing in scaling up organic traffic, press mentions, expanding coverage in financials and captable data sets, and improving paid customer engagement and account expansion
https://www.youtube.com/watch?v=Kvy6pz8Nq8Y (6:46-8:25)
Fino payments Bank – Can the unique business model spring a surprise? (16-01-2024)
Payment banks as a space did not appeal to me from day one due to their limitations. That was verified by the withdrawal of licenses by a few players.
Fino has done exceptionally in terms of business so far, the game change will be when they get the SFB license. Graduation from PB to SFB should enable them to leverage their strength of merchant network.
They should be able to get the license based on their track record.
John Cockerill India: A Case Study on Decarbonisation of Steel (16-01-2024)
I think the new Chairman is very focused on growing the Indian business. Last 4 quarter high revenue is a proof of that. The Indian Business can grow very fast with backward integration by the Belgium Parent.
This is the moat of this company.
These the lines given in an Interview in Steelworld magazine shared by @ayushagrawal
“We are already catering to the export market out of our Indian locations for many years. The equipment and components that we manufacture in India are exported to Europe, the US, Egypt, Africa, and many other countries in which our Sector is building steel production facilities. In fact, we just completed a project for a leading US steelmaker for which the skin pass mill has been 100% engineered and manufactured in India. In the years to come, we are keen to further increase the participation of our Indian facilities in our sector’s projects related to engineering and manufacturing” Chairman of John Cockerill India.