UPI market share will balance out, but it will take more time than we initially envisaged: NPCI CEO Dilip Asbe (moneycontrol.com)

2-3 points to note are –

• Small merchants are not ready for MDR and most likely MDR for P2M transactions will not get implemented in the near term.
• GoI pretty much wants to promote BHIM to break duopoly of Google Pay and Phone Pe.

No question was asked on government incentives. NPST call on Oct 21, PayTM on Oct 22 – hopefully some clarity will emerge.

No I have factored in the stock price not moving for next 4-6 qaurters while entering. Also I am making staggered buying and have started at 2.0x book and will try and average around 1.8x book.
My thought is that I am buying a player which is least levered on net debt basis compared to peers and should last for the next 6 quarters. Also lowering of cost of funds in the future will allow Arman to increase leverage at lower rates, while the peers are levered and will have to raise equity which may be difficult to come by.
When the dust settles I expect Arman to be there and this is anyways 10% of portfolio where I can take a 50% hit and still manage the loss.

To note that over 10 years Arman stock price has given the same CAGR as the increase in the book value per share (BVPS). Also the book has never degrown and Arman has never reported negative PAT. This allows the BVPS to increase at bare minimum 10% and assuming same P/B the stock should give a bare minimum of 10% p.a. if held for 3-5 years.

Hi folks,
i previously bought ZEE due to merger play then had to sold it to cut my losses.

Now after so much correction the stock is at 30 P/E well below industry median but i don’t see any growth triggers, @shyamutty would love to know your thoughts

Won’t Maharashtra elections cause continued drag for this quarter? And depending on result, risk of unfavorable political alliance in this highly regulated industry…

Cochin shipyard today opened 4% lower and was expected to trend still lower close to the floor price of 1540.
But the dip was bought out and the stock price remains firm. this may be because the stock has already corrected 40% from all time high.

If one is willing to buy for Rs 2 lakh and above amount , one can bid @1540 and above. Chances of getting is higher – though it would depend upon once again on demand and supply position.

That would also be true for retail tomorrow when the floor price is fixed.

However , i would take the OFS ahead of Q2 results with a pinch of salt.
Normally shipping companies may or may not be able to deliver the same growth rate QoQ or YoY due to the nature of the business , though it may be a good long term investment.
Discl : invested from lower level and as of now it is my long term idea. it is not a buy sell recommendation.pl do your own assessment before buying