Some milestones of last year of allygrow are shown in this video:
https://www.linkedin.com/company/allygrow-technologies/posts/?feedView=all
The comapny allygrow is in engg design and embedded space similar to kpit and tat tech etc.
Posts tagged Value Pickr
Ceinsys Tech-Engineering, Geospatial & IT solutions Company (07-01-2024)
Senco Gold: Upcoming gold story! (07-01-2024)
SBI Caps Initiates coverage!
Rising Star – Senco Gold Ltd…pdf (1.3 MB)
My mistakes with the stock market (07-01-2024)
hedging I mentioned is for taking advantage of short term corrections or retracements while I stick to my long term portfolio. Ex: Hedgeing on Nifty helps incase sudden correction due to any unanticipated events.
Smallcap momentum portfolio (07-01-2024)
I learnt about and benefitted from Momentum investing by Weekend Investing (Alok Jain). I am invested in Mi20 and NNF10.
Mi20 – invested since Aug 2021; XIRR – 43.6%. Performance has been very good and steady.
NNF10 – invested since Dec 2021; XIRR – 19.5%. This portfolio suffered a lot during the Adani episode where I could not exit. Otherwise, the results would have been even better.
One of my family members is invested in Wright Momentum and results have been very good.
Smallcap momentum portfolio (07-01-2024)
I see. I have also recently started Gulaq smallcase for momentum. What smallcases are you invested in, anything you can recommend? Looking for Quant or Momentum only.
Journey and Portfolio of a goal-based NEEV investor (07-01-2024)
are you doing anything in particular to avoid such a scenario in future?
Smallcap momentum portfolio (07-01-2024)
Hello. In all the literature that I have read, momentum portfolios are built around 1 year look back period. People have done a lot of research to confirm that not much changes for lower time periods. The variations include 12m look back or 12m – 1m look back etc. I have used 6m also to provide some recency bias.
What changes is the rebalance frequency. For large caps rebalance may be done over a one month frequency while for smaller caps, it might be better to do it more frequently.
I do my rebalance every week to negate effects of big volatility. I am invested in several smallcases operated by other Managers. They also follow similar practices.
Sunteck Realty – Quality Real Estate Company (07-01-2024)
At the moment I don’t know answers to above questions, but would like to share Q2FY24 concall mgmt comments-
- FY24 sunteck maxxworld will be completed then 750 to 850 crs will be recognized in FY24
- FY25 sunteck city 4th Avenue in ODC Goregaon west will be completed then 950 to 1050crs revenue will be recognized in FY25
- Approvals received for Kalyan project, launch before diwali (2023 diwali). Post Kalyan project, 6 large projects are ongoing, example Nepean Sea road project expected to be launched in FY25
- In FY24, 1 commercial project completed-sunteck bkc 51, fully leased for 29yrs, nearing completion, will also be completed in FY24. ROIC on both projects is 30%.
- no significant price increase at the moment
- 7 large projects with GDV of 30K crs and expect it to go upto 50k crs in next 2-3 yrs
Invested and biased. Not a buy or sell recommendation. Not a registered advisor.
Pricol limited – OEM automotive (07-01-2024)
A significant portion of 2W sold are fitted with analog and LCD instrument clusters. OEM’s have started making shifts from analog->LCD->LED->TFT.
With EV’s, OEM’s most preferably choose LED or TFT.
Observe the last quarter revenue growth. Most 2w OEM’s sales were grown at a low single digit, but pricol’s revenue growth was in double digits. As the value per vehicle contribution from pricol increases, then Pricol is poised to grow at a much higher rate compared to the sales of 2W. All of this puts Pricol is in a sweet spot.
Monitorables:
Pricol is also planning to use their expertise in IC’s and foray into instrumentation in industrial sector.
Can company crack the PV market? I know they’re supplying to Tata motors.
Since almost all 2W companies posted good sales report in the range of 20%, we could see a very good result from Pricol for Q3FY24.
Disc: Invested from 150 levels, added at every dip and may be biased.
AGI Greenpac- on the cusp of growth? (07-01-2024)
AGI is one of the best proxy to play increasing consumption of alcohol in India. If we observe the growth numbers of alcohol companies and their commentaries(I follow SDBL), it gives a very encouraging sign for AGI’s growth prospects.
In thier Q2Fy24 concall,
- 1700 TPD – 95% capacity utilization
- 154 TPD high end glass manufacturing which commenced commercial production in Jan 2023- 65-70% utilization
- They plan to increase capacity by 100 TPD next year when a furnace is due for realignment.
As 154 TPD utilization increases, it should reflect in thier revenue.
Company guided for 15-18% growth.