there main revenue is trading and service . they do manufature few filters but very low contribution as per AGM . And there clients are many B2B.
its microcap 40cr market cap . prity risky bet . but they are in markets more than a decade.
Posts tagged Value Pickr
SAIL – A really long term opportunity (14-12-2023)
Dear VPers
Eventhough I don’t have any clue on how the margins of Steel companies would play out and how the overall cycle plays out, Price wise SAIL is moving up (weekly chart below).
I see the same trend for JSW steel and Tata steel which are at 52 week highs
I have some expectations on the cycle turn around and peak going by previous cycles. From the P/S chart below one can see that the peak P/S is 0.9-1.0 and the Peak to Peak takes 3-3.5 years.
So, If we expect the cycle to peak after 4 years from previous peak (May 25) the return expectations would be good. But that may not be possible until China economy (construction) comes back strongly. So, I assume that the cycle peaks only in 2 years from now.
My assumptions (expectations ) as follows
Sales = 1.2 lakhs and P/S= 0.85 implies the Market cap would be around 1 lakh which would be more 2.2x from current market cap
Disc: Have small exposure. Bought in last 30 days and may buy more
Praveen
Rategain – Fast Growing SaaS Leader (14-12-2023)
India loses World Cup, but local businesses win big as tourist spending soars by 400%
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Filtra Consultants And Engineers Ltd (14-12-2023)
HI,
Just my thoughts. Do they Design and Develop any product on their own in the 5% you mentioned as the product they manufacture. I have gone through the website. They have listed all the products from other companies which they trade. Can you please let me know the product they developed? Do we see any technological moat for their own products? (I believe in technological superiority of any company selling any products). As you have mentioned this is a well establised and go-to company for all water treatment related products. Apart from this, what are the entry barriers for others in the services this company is providing?
Sorry for too many questions. It would be nice to know.
If Water Treatment is the theme based on which we need to invest in this, why not we go for EMS Limited in this space which is an EPC company?
52 week highs and all time highs strategy (14-12-2023)
PTC INDIA: this is a monthly chart of PTC India ltd. For last 15 years, it was consolidating between a range of 34 and 145 (marked in red line). It broken out this range last month and today it crossed its All Time High last made in 2008 with good volumes. @hitesh2710 sir you used to track it. your view on it sir.
(2) Ashiana Housing: This is a monthly chart of Ashiana Housing. whole Real Estate sector is already performing very well in this bull market. Ashiana housing is a one of the clean company in this sector. currently its trading at 250 level and it is the level from where it gone down in 2015 and 2017 and if it consolidates here and closes above this area then it can be looked upon.
Chalet Hotels – Playing on discretionary spend (14-12-2023)
Very reassuring and positive.
The harsh portfolio! (14-12-2023)
Hi Harsh, What’s your view on PI with news of rainbow? Your study in agro is excellent. Thanks
The harsh global folio! (14-12-2023)
@harsh.beria93 Are you rethinking about the investment in BTC? The stock has taken a huge hit and the news has been particularly bad – https://edition.cnn.com/2023/12/06/business/bat-cigarette-brands-writedown/index.html
Filtra Consultants And Engineers Ltd (14-12-2023)
12th AGM oct (old video)
Filtra Consultants and Engineers Limited – 12th AGM Recording
seeing some movement after 1 year consolidation .
Any suggetion or critics on company
Cigniti Technologies – Global Leader in Software Testing (14-12-2023)
Any update on growth and business improvement due to acquisition of Aparaa digital(roundsqr) in july 2022. Aparaa being a startup, was a big hope acquisition for the company.