Posts tagged Value Pickr
Rahul Singh Portfolio (11-01-2024)
can you elaborate on your rationale on Par Drugs?
Manappuram Finance (11-01-2024)
Thanks for sharing the information
Ranvir’s Portfolio (11-01-2024)
I understand ur thoughts … I think so 
… That’s because I like Maruti Suzuki too
Hold a small tracking position there as well
The Hybrid technology’s success demonstrated by Maruti with Grand Vitaraa is encouraging. Plus, they ll be out with a full fledged EV by next yr
But … Can’t be bearish on Bajaj Auto too. Chetak is a really good product. Their JV with Triumph should do really well. Should be a a really good competitor for RE. KTM, Husqvarna – where Bajaj is the majority shareholder is doing well across Europe. There r reasons to be upbeat on Bajaj Auto as well
Elecon Engineering Limited (11-01-2024)
Technically, Stock is near Pivot Point. Fundamentally strong company.
Disclosure: Re entered again at Pivot Point.
Investing Basics – Feel free to ask the most basic questions (11-01-2024)
Hello. I was looking at the cash flow statement of Veefin Solutions. https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9e882ac-36b2-4835-8b31-df211ec3a2c1.pdf
They have reduced 20 crores from the cash flow from operations because of ‘Bonus shares issued’. I did not understand why would this impact the cash flow statement. Can someone explain?
Polycab India ~ Connection Zindagi Ka – W&C, FMEG and EPC Player (11-01-2024)
Agree and if they have underreported revenues (to save tax), that imply that actual Profits for the company would have been higher vs reported and on PE basis, stock is even cheaper (~30X FY24 PE)…… hope management has learnt a lesson in a very hard way and will put better financial/ethical controls and compliance in the organisation. This fall is definitely a great opportunity to accumulate (overreaction) and I hope this event is one-off.
On this whole topic itself, Management should clarify with IT department and should engage with investor community.
Polycab India ~ Connection Zindagi Ka – W&C, FMEG and EPC Player (11-01-2024)
This indicates inefficiency from the department. Ideally the communication should reach the company within few days, if they found proof of wrong doings. Also not naming the company creates ambiguity. Transparency is the key here and department should be clear in its press releases.
I may be wrong as I am not from Finance or CA background and do not understand the processes.
Polycab India ~ Connection Zindagi Ka – W&C, FMEG and EPC Player (11-01-2024)
Capital group sold big today in Polycab!
