SPRL has mentioned that the stake is down from 20 odd percent to 4% now
SHRIPISTON_22122023145052_Intimation_under_Regulation30_update (1).pdf (354.4 KB)
Posts tagged Value Pickr
Shriram Pistons & Rings Ltd (25-12-2023)
Companies With First ever concalls OR Investor Presentations (25-12-2023)
Hi @Tar concerned post is deleted by the user who posted it.
Smallcap momentum portfolio (25-12-2023)
Update for entry on 26th December 2023
Based on ranking
- BSE
- SUZLON
- BSOFT
- KAYNES
- KALYANKJIL
- JINDALSAW
- NLCINDIA
- JYOTHYLAB
- ITI
- WELCORP
- APARINDS
- SONATSOFTW
- CHALET
- IRCON
- ANGELONE
- SJVN
- NAM-INDIA
- ZENSARTECH
- CYIENT
- MCX
Based on A → Z for easy tracking
- ANGELONE
- APARINDS
- BSE
- BSOFT
- CHALET*
- CYIENT*
- IRCON
- ITI
- JINDALSAW
- JYOTHYLAB
- KALYANKJIL
- KAYNES
- MCX
- NAM-INDIA
- NLCINDIA
- SJVN
- SONATSOFTW
- SUZLON
- WELCORP
- ZENSARTECH*
Entry:
CHALET makes an entry
CYIENT and ZENSARTECH cannot enter as there is no vacancy.
Exit:
MAPMYINDIA exits.
MEDANTA and MRPL remain within the top 25 and hence stay.
Mudit’s Portfolio (Passively Active) (25-12-2023)
My opinion on Abbott: I think it fits the category: Heads, I Win; Tails, I Don’t Lose Much.
Abbott has the resources (97% of the shareholder’s equity is in cash) to grow faster. However, their growth plans whether inorganic or new launches are dictated by the parent company who will not heed to our wishes. Hence, expectation of higher growth rate is misplaced.
Their current portfolio could grow FCFs @10% (similar to sales growth, which has the lowest growth rate among Operating Profit, PAT and FCF) in the Long Term (20Yrs.) due to inflation, deeper tier penetration, and demographics. Seeing the evolution of the B/S till date, I feel that this much growth would come without utilizing capital from the shareholder’s equity.
As of today, company sells at 58xFCF [822 Cr. (3 Yr. Av.)]. With a horizon of 20 Yrs., returns would still be better than FD even if multiple becomes half. In case multiple holds and growth rate accelerates, returns will be better.
Trent — A value unlocking story from the house of TATA (25-12-2023)
Curious to know about moat. Please elaborate as I see none among Intangibles [Patent or Brand], Switching Costs, Network Effect, and Low Cost Producer [due to location, key exclusive resource, or regulatory advantage].
MTAR Technologies – A wager on innovation meeting economies of scale (24-12-2023)
so in sept and now in Dec, total 0.8% of promoter stake is sold. we were 39.14% including pledge. now 38.4%.
can anyone confirm Leelavathi Parvatha Reddy is wife of P Srinivas Reddy or not? her middle name is matching with MD. @ankit_george
We kept telling its inactive promoters but needs to confirm above.
Trent — A value unlocking story from the house of TATA (24-12-2023)
Its been a very long term holding and i am confortable holding it for next 10-15 years. I believe the company has a great moat and its not easy to develop a brand which is scalable. When it comes to PE yes it is expensive but my view is if economy grows and disposable income grows the companies like Trent Titan and other consumer focussed company with aspirational brand will continue to grow at higher double digit and that shud help company to grow at double digit CAGR.
Having a relaistic expectation of return at this PE with holding period of 5 or more year may make it more comfortable to hold such companies
MPS Ltd (24-12-2023)
@r8b8 , good writeup !
However, in the valuation, I think you are considering the standalone numbers and not the consolidated numbers.
The consolidated PAT for H1 is ~ 60 crores. Therefore, for H2, as per the guidance, the PAT should be around 70 crores.
The growth and P/E numbers should be adjusted accordingly.
HDFC Bank- we understand your world (24-12-2023)
I have attempted to estimate Stock Price of HDFC Bank after 5 years, based on my analysis.
Since I am holding HDFC Bank since 2011, I believe that, Bank can still grow its book value by around 10 to 12% conservatively.
If Market rewards the bank after 5 years by increasing its P/B to 3.5 from current P/B of 3.0, there are various possibilities.
I have assumed that, it may be difficult to expect past 10 years book value growth since I am assuming that NPA(s) may rise and hence Book value after adjusting NPA(s) may not grow as fast as last 10 years. Considering that, HDFC is now merged with HDFC Bank, there is likely shrinkage in NIM and also possible increase in Gross NPA(s). It may not happen but I have considered conservative picture.
Following could be the worst, most likely and best case scenarios:
Keep in mind that, 10 Year Median P/B is 4.0 but I have considered Exit P/B of 3.5 (as conservative approach).
So there is a possibility to see reasonable 11 to 14% Price CAGR here.
Note : In real life, these estimates may or may not work as things are changing and competition from Fintech is also increasing. This is not a buy/sell recommendation.
I have assumed simple scenario. Actual scenario will be complex if there is share buy back, Fund raising via various routes in which case book value growth would be different.
Balaji Amines Opportunity (24-12-2023)
SRF is a different breed according to me. It is the king of chemicals!