@ashwanipathak , thanks for the book
Posts tagged Value Pickr
SRM Contractors Limited – A niche Infra player (30-07-2024)
Yes earlier projects have been stalled. But recently government’s push for infra in border areas due to hostile neighbours have seen completion of projects in break neck speed. You can also refer to there RHP in page 196 where they have clearly mentioned all the on-going projects as well as, at what stage each projects are. Most of the projects have been completed by the company on time.
Plus geography is an advantage for the company as most of the revenue comes from maintenance and upgradation of road and slope stabilization projects. And in hilly area due to landslide, snowfall, etc. Requirement of constant maintenance and upgradation of existing infrastructures is higher than in plains.
An Investment journal (30-07-2024)
I love the idea of an investment journal.
When you jot down your thesis for buying a particular stock—the research, the analysis, the reasons behind your decision—you’re making a commitment to your future self. You’re saying, “This is why I’m doing this, and I want to remember why, even if the stock takes an unexpected turn.”
The real value of journaling becomes evident when the stock moves, especially in your favor. Instead of attributing it solely to your genius, you can review your journal to see if the actual outcome aligns with what you predicted. It keeps you honest and serves as a reality check against hindsight bias, the tricky tendency to see events as predictable or obvious after they’ve occurred. As Nassim Taleb and others touch on you don’t want to mistake luck for skill, and a journal helps here.
I recently created an investment journal, now available on Amazon.
It’s pretty simple and includes basic elements like space to record pre-trade and post-trade thoughts, along with some checklists. (More on it here) While it’s easy and convenient to do this digitally, for those who prefer to record things physically, it may be worth checking out.
52 week highs and all time highs strategy (30-07-2024)
Reliance Power is Trading Near Fresh 52 Week High.
It Will Enter Into Momentum Zone Once it Crosses 32.5 on Weekly Close Basis.
32.5 Is a Breakout Point for a 6 Year Cup and Handle Breakout.
Over the Past 6 Months Stock is Consolidating in Range 20-30 Creating a Volatility Compression Pattern.
Power Sector Tailwinds.
Promotor Increasing Stake.
Equitas Small Finance Bank: A Profitable lender to small businesses (30-07-2024)
@hack2abi what advantage does fixed rate loans offer to equitas then?
The only think that I can think of is that NIM expansion their case would be greater when the rates fall, since they won’t reprise older advances and will reprice deposits immediately?
Lloyd Electric & Engineering Ltd (LEEL) (30-07-2024)
LEEL Electricals has been acquired by Krishna Ventures Ltd, as Going Concern.
The first board meeting was held on 26th July 2024
Krishna Ventures Ltd Company web-site indicates that they have a HVAC business unit, which was LEEL’s primary business. However, their Annual report has no mention of a HVAC business unit. Below is a snippet from Annual Report 2024.
Krishna, Ventures Limited is currently engaged in construction and the provision of consultancy services in the Indian real estate sector. Towards these ends, it has identified key properties in Mumbai and adjoining areas to develop projects in the housing and commercial space.
However, there is a mention about starting a HVAC business unit, in the same report.
Krishna, Ventures Limited is starting new business of the business of Manufactures, assemblers, dealers, merchant, importers and agents for the purchase, sale and hiring of all kinds of air conditioners, air conditioning and Refrigeration, machinery, Refrigerants, Liquids and Gages, ice Cream Freezers, Quick Freezing cabinets and like deodorisers, Refrigerated trucks, Vans, Wagons
Etc, Heaters, Heating appliances, Coolers, Diffusers, compressors, Condensers, Fans of all types, pumps, Motors, Thermostats, Sprayers, Cold Storages or ice cream plants, appliances, tools, machinery apparatuses, devises, instruments, chemicals and all types of machinery, equipment’s, appliances and instruments of all kinds, sizes, types and their parts accessories of all descriptions
HBL Power: Signs of change (30-07-2024)
A large new tender for Kavach has been floated.
Provision of Kavach in Nalwar - Guntakal - Yerraguntla - Renigunta Section of Guntakal Division in South Central Railway
Nalwar Renigunta is around 500 KM,
Attaching the tender file:
viewNitPdf_4660921.pdf (49.1 KB)
Discl: Invested in HBL and Kernex. Traded in last 10 days.
NPST – Technology Provider for UPI Tech (30-07-2024)
Hi Everyone
A query for those invested in and tracking NPST closely. Something I just started pondering on
Have a look at the underlying data on UPI transactions
Disclosure: NO investments in NPST, know very little, haven’t heard Concalls or done any analysis myself, but as is my wont, just trying to understand the sustainability part, first.
UPI Trnsaction Volumes.xlsx (10.7 KB)
Kindly check the accuracy of data in the compilation. Quick n dirty job from me here. Please correct and modify the excel, if necessary
Source(s): UPI P2P and P2M , Budget 2024 Incentives for UPI drops
Can someone who understands NPST business/revenue model well, break it up for us. Q1 revenue split was TSP 20% and TPAP (PPaaS) 80%, right?
P2P - no one makes any money
P2M - GoI refunds NPCI and Banks (for capital spends, digital promotion?)
some banks NOT doing any Capex - decide to use NPST PPaaS infra and commit to sharing some/most of what they receive from NPCI and GoI
if the TPAP pie is 100, How much comes from
- UPI P2M transactions share, why will that NOT be impacted significantly? Who’s paying and from where - beyond say the GoI budgetary/other support?
- How much of NPST UPI P2M revenues is coming say from other than Retail Merchants (who are certainly not paying; when GoI had introduced MDR on P2M initially, transactions fell hugely, and had to be reversed; merchants equate UPI payment as Cash only); Perhaps eGames players, or any other significant segment of merchant custimers that are actually paying?
Manappuram Finance (30-07-2024)
13 august results
Sandeep Kamath Portfolio | Momentum Investing (30-07-2024)
Ok so my portfolio ran into some pre-budget turbulence but such has been the bull run that by the time its time to take any action ( its Friday for me ), the recovery is already set in place. So no surprise that the portfolio stays as it is.
One lesson that I learnt though - Raymond ( part of my portfolio ) had a de-merger that meant that Raymond started trading ex-Lifestyle. Now have no clue when the Lifestyle business will get listed so till that time, I will need to stay put with Raymond not quite knowing if the momentum has reversed or not. Lesson learnt is to exit a stock that has been set for a demerger.
Portfolio start date → Jan 23, 2024
Total returns → 49.6%