Yes, I have read the complete concall. However, this was early November, now it has been significant time and updates on war.
No management will accept that yes next quarter things might be bad. They can just say yeah we don’t expect disturbance, or it is not likely to happen etc.
PI Industries management did something similar recently with entry of Rainbow into Pyroxasulfone.
Would you please share major takeaways from the scuttlebutt ?
Thanks
Most banks like top private sector banks, NBFC like Bajaj Finance (basically large caps), would be reasonably valued. But for smallcaps there is definitely euphoric market.
Coming to IREDA, imo it is overvalued.
Reason for these valuations maybe
Things I will watch out for before increasing position:
I don’t think we are in euphoric market as far as banks/NBFCs are concerned. Most banks/NBFCs right now are reasonably valued. They are slightly above historic valuations but reasonable compared to the current return ratios.
I am from Ambala Cantt.
What are the EBITDA margins of the Manufacturing and Consumer Business individually?
Check out Sahil Sharma’s twitter handle, has posted his investment thesis recently and allocated a significant amount.
https://twitter.com/sahil_vi/status/1737692762420789545
As far as valuation’s are concerned, aren’t most companies overvalued in the euphoric market?
What’s wrong with this company? I mean, despite such good financials, why there is so little institutional or expert interest in RPG Lifesciences? Is it just because of absence of USFDA or focus on acute therapies or I am missing something else?
(Disc: Tracking, no positions)
With ROA/ROE of 1.2% / 9% , a 4+ P/B multiple is unjustified. Haven’t done extensive research on this. Is there any fundamental trigger which can improve the return ratios?
Folks invested in the company please share your rationale behind the investment thesis.
Master trust-462
Market cap-1006 cr
Industry – Non fund based Financial(mostly broking)
P/e-12 time
P/b near 2.5times
Last 5 year profit growth -46%
Business-
Broking contribute 87% revenue , company has developed own platform… company touches over 650 offline points…33% online orders…over 2.4 lakh customers near 37% are active and over 19 k crore…
Promoter holding-74.83%
Share india securities owns near 2%
Huge skin in the game
They also owns another company called prime industries which has done pretty well this year.
Trigger for me-
Preferential issue
Company is issuing near 28 lakh 50k shares of which and promoter are buying near 21 lakh of it … At 350 rs a share… Names of other people participating which are interesting are share india algo plus near 3 lakh share, Sangeeta parekh and saket Agarwal… Company is raising near 99 cr of which promoters are putting over rs 60 cr…this is totally unknown company… Can be huge wealth creator in long term…
all info is available on best research platform screener…if anyone can add anything interesting related to company it would be great.
Disc- Invested and biased