Posts tagged Value Pickr
Edelweiss Financial Services (19-12-2023)
You cannot compare a wealth management firm with an AMC. Wealth/broking are businesses which fluctuate wildly with the markets. Also, as the networth requirement is not high, the entry barriers in wealth business is low. An AMC, particularly with the reputation of HDFC, will continuously get fresh assets through SIPs and in bulk, also they will keep earning AMC fees irrespective of performance. A large AMC like HDFC AMC has a huge moat in terms of track record and brand
DP Abhushan – A Bond of Trust Since 1940 (19-12-2023)
Company expansion plans so far | Management Commentary
KYC में आज D. P. Jewellers के Promoter Vikas Kataria से जानेंगे क्या है कंपनी के Expansion Plans
IRCTC: a necessity, a monopoly (19-12-2023)
Why IRCTC share price rising ? A blog written by Tanushree of equitymasters
An article that covers IRCTC story based on latest developments. This blog contains Ad’s intermittently on different stock stories
While this blog must have been prepared 3-4 days back , but what I find FII’s have bought on cash delivery basis this stock yesterday which made it to rise 14% in a single day.
Discl : This is one of my my “buy and hold stock” invested from lower level in this stock since Covid lock down days of 2020, I had partially booked profit earlier to recover my capital. However still holding a major portion.
This is not a buy or sell recommendation.
Please do your own assesment before investing. PSU stocks have their own set of advantages and disadvantages
Manali Petro- Capacity Expansion (19-12-2023)
Any development in company, Stock is 9% up today…
Tata Consumer Products Limited (TATACONSUM) (19-12-2023)
They are also into the race for acquiring Ching’s Secret as reported by some channels. To chase two large acquisitions at the same time is extremely ambitious and particularly dicey. Last few years the acquisition of soulful or full stake in the Pepsico JV were smart and smaller. However this organic India buy is repeated every few months.
Need to see how this will play out.
Disclosure – Largest Position in the PF.
Fixed income source in India (19-12-2023)
Try out Gilt funds, Government securities, State government loans.
Great articles to read on the web (19-12-2023)
India at 125: Reclaiming the Lost Glory and Returning the Global Economy to the Old Normal
https://www.rbi.org.in/Scripts/PublicationsView.aspx?id=22341
Good one
Sharda Motors – Emission tailwinds or EV threat to exhaust systems? (19-12-2023)
Few observations from FY23 AR:
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Weak Independent BODs: Most of the independent board members profile is irrelevant to the operating business. On ARs Page 62, competence is FUN to read for most of the names.
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MDA loaded with boilerplate statements. No insights about the business.
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CEO and Co-Chairperson are not mentioned as Relatives of Key Managerial Personnel. It took some effort to map the family tree.
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Major Customer Dependency [83% of FY23 Revenue from 3 customers | Details of each name not provided]: Revenue from 3 customers (March 31, 2022, 3 customers) of the Company’s manufacturing & trading business are Rs. 225,337 lakh (March 31, 2022 Rs.176,418 lakh) which is more than 10% of the Company’s total revenue.
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Debt free and cash rich seems mirage: Cash seems to be a business NEED to fulfill obligations due within 3 months
Suppliers seem to have tough time to for getting their payments:
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Heavy churn in the top management [particularly COO and CFO Roles | MD and CEO roles are occupied by the promoter family]. Relavnt data-
Disc: No Position.
Shankara Build Pro – Building Materials Organised Retail (19-12-2023)
But these are only there in north india whereas Shankara building is throughout south and central India.