Posts tagged All News
Indian markets vulnerable to further yuan devaluation, says UBS (17-09-2015)
Beijing’s yuan intervention is expedient; maybe too costly to last (17-09-2015)
POKARNA LTD ( Stock opportunities ) (17-09-2015)
@Sambath
I find your work outstanding and detailed. And unlike a lot, you do not seem to have a lot of endowment bias and make a balance case for it.
the key will be to find out details of this arrangement with chettinad group for quartz mines. And for the record, chettinad group is very close to AIADMK in tamil nadu. infact, her foster son's marriage took place in theri schools and offices bringing the entire city to a stand still.
http://www.telegraphindia.com/1150527/jsp/nation/story_22396.jsp#.VfqUQd-qqko
and recently there was a mega raid in their offices
why would someone like that would sell to pokarna at what seems like prima facie, lower than market price is not something I have an answer to.
Accelya Kale Solutions-Niche & Sticky Business (17-09-2015)
Yeah, it can qualify as a good patient bet.
Disc. Not invested. This is not a recommendation.
Accelya Kale Solutions-Niche & Sticky Business (17-09-2015)
The management is highly ethical. My whole bet is that whenever there is a CEO change things do get shaken up a little and the new CEO wants to prove his/her mettle, especially if working under the guidance of the founder. In this case, theres a change that's happened and for what's worth, tail winds do exist and the only variable you need to track in this business is growth - since it's a sticky, high margin, high EBITDA, recurring cash flows business.
I prefer to take those kind of bets - where there's very little to lose and all to gain,, even if wait takes a little longer. I had the same thesis on infy when vishal sikka took over and so far it's been proven right.