Please watcth recent interview of Sumeet Nagar on ndtv in the programme Talking Point about Aptus
Posts tagged Value Pickr
Undervalued companies – Possibilities for portfolio inclusion (10-01-2024)
Some interesting opportunities in an otherwise ’ not so cheap ’ market –
Bajaj Auto – Pulsars, 3-Wheelers, Chetak ( EV ), KTMs, Triumph JV – all doing well. Exports are holding steady. Company is likely to come out with revolutionary – CNG motorcycles in CY 25
Have cash on books > 26000 cr !!!
Have announced a stock buyback for an amount of Rs 4000 cr @ stock price of upto Rs 10,000 / share
ABSL AMC, UTI AMC – both are non capital intensive, cash rich businesses. With monthly SIPs showing no signs of a slowdown … these stocks can easily get re-rated upwards
Supriya Lifesciences – Have done well in H1, FY 24. Company is extremely positive wrt its sales outlook in Latin America as these countries are openly preferring India for incremental supplies of APIs over China. Likely to do a sales of around Rs 550 cr this yr. Confident of doubling their sales inside next 4 yrs
Disc – holding all, biased, not SEBI registered
Techno electric engg ltd (10-01-2024)
complimentary to skipper !!
Skipper might be supplier to techno co.
Permanent Magnets – Business under transformation? (10-01-2024)
Any mention of environmental pollution from mining of rare earth metals used in permanent magents products and impact there off.
Are they doing something to decrease the pollution. Anyone knows or enquired during concall please update
Senco Gold: Upcoming gold story! (10-01-2024)
Did not do full research yet, have some basic questions
Why is the studded mix relatively low for the company (vs peers) despite a higher preference for studded jewelry in North and East and the presence of dedicated stores like Everlite that specialize in diamond and lightweight sales?
If the whole Inventory Risk is Transferred to the franchisee owners and they dont hedge their inventory, and if gold prices falls, they will loose the already thin margins that they make, and in this situation, why would any franchisee owner shows interest in the business…?
And also most of the Gold investment schemes offer some discounts to customers for their monthly installments, and management mentioned they dont offer any discounts and they have completely mitigated the price risk? so whats the incentive for the customer to lets say enroll in their Swarna yojana scheme??
Cupid Ltd – Helping the world play safe! (10-01-2024)
Sold completely … Not sure of sustaining at current level…
Omfurn India Ltd (10-01-2024)
Post COVID, trend of flexible working is catching up. The five day office culture isn’t a norm for many IT companies now. The work life balance is becoming a topic of discussion. I’m bit skeptical of office furniture growth story. I see a trend of big companies reducing real estate and trying to reduce operations cost. Unless they pivot, can they manage outperform market?
IZMO- bet on new technologies in Auto retail & defence (10-01-2024)
The company initially planned for light arms manufacturing and got a licence also but then didn’t get into it. It was clarified in its first con call.
Polycab India ~ Connection Zindagi Ka – W&C, FMEG and EPC Player (10-01-2024)
Watch out for the buyers of this stock on its descent. If traditional modes of acquisition becomes un-viable, these kind of force actions helps those eyeing for a controlling stake. 20% held by FPIs & MFs will change hands and retailers will gift theirs in panic.
Business will continue to do well, but market cap lost in this process will take years to come back.
With only few shares on hand, I won’t buy or sell until the dust settles. I am no one to advise those holding bigger chunks.
Senco Gold: Upcoming gold story! (10-01-2024)
Business Update: 03 and 9 Months ending Dec 2023
Key features:
- 24% YoY Revenue growth
- 9% volume growth in Gold and ~ 27% volume growth in Diamond jewellery
- The 9 months SSSG was 19%
- Stud Ratio: We have achieved consistent improvement in stud ratio (Diamond Jewellery as percentage of total turnover) . Our own showrooms achieved stud ratio performance of 13.2% (achieving 190 basis points growth over 11.2% of last year 9m) , while the blended ( own showroom and franchisee room) stud ratio was 11.0% (as against 9.7% for 9 months last year). The stud ratio was highest in North at 17.8% .
Shift from unorganised to organised sector playing really well. Decent SSSG and improvement in stud ratio.