Thanks for the clarification. I got into 2% loss in HEG misinterpreting the news on a fakeout.
Will be more vary from now
Posts tagged Value Pickr
Graphite Electrode : Graphite India/HEG (31-10-2023)
Graphite Electrode : Graphite India/HEG (31-10-2023)
export ban is not on graphite electrodes (used in EAF) , but graphite anode which is used in Lithium Ion Batteries. Both are entirely different products, hence no impact on them.
Shakti Pumps – solar shakti (power)! (31-10-2023)
Shakti Pumps (India) Limited, a company that makes energy-efficient pumps and motors, has been granted its 7th patent by the Government of India. This patent is for a “Grinder Pump Assembly with Adjustable Impeller.” The new technology helps grind and process solid waste in wastewater more efficiently. It reduces the size of solid materials, making them easier to manage in subsequent treatment processes. This innovation is valuable for wastewater treatment and various industrial applications, as it minimizes blockages and maintenance costs.
Shakti Pumps Chairman, Mr. Dinesh Patidar, explained that the technology effectively prevents blockages in wastewater lines caused by solid waste, reducing maintenance needs and operational downtime. The company is known for its solar pumping solutions and environmentally responsible practices, serving the agriculture sector and manufacturing its own products. They are committed to helping India achieve its energy goals.
In simple terms, Shakti Pumps has received a patent for a new technology that makes wastewater treatment more efficient by grinding solid waste, reducing blockages, and cutting maintenance costs. This technology is valuable for various industrial applications and aligns with the company’s focus on sustainability and innovation.
Garware Hi-tech films (Earlier Garware polyester) (31-10-2023)
I had spoken to one of XPEL’s early investors when I was first researching Garware. He has been an investor since 2014 and is one of the key members of the MicroCapClub.
I emailed him again a few days ago to understand the developments in XPEL. Here is his reply-
According to him the new tech by Entrotech and factory-wrapped cars directly by the OEMs are not much of a threat to XPEL.
The most interesting insight is that Entrotech is the largest supplier to XPEL and XPEL was renegotiating with Entrotech and had been looking to diversify. Entrotech manufactures in the US itself. CNT corporation is a separate entity and not related to Entrotech. This means that Garware has a HUGE opportunity at hand to take away market share from Entrotech and CNT Corp. It looks like the PPF business has finally taken off.
HealthCare Global – the value unlocking story (31-10-2023)
CVC Capital aims to sell its 60.42% stake for over 4000cr. That values the business around 6230cr.
Current Mcap around 5214cr. Lets see how this plays out. Technically strength was visible even during the recent correction in market.
Priyank’s Portfolio (31-10-2023)
Why I liked Wabag
Valuation seemed quite favorable. Further, the probability of a significant downside was on the lower side (not zero though).
Why I don’t like Wabag
I do not see it as a long-term stock and wouldn’t like to hold it during a down cycle. Here’s why:
There are usually 2 reasons for undervaluation when a stock is undervalued (there can be other reasons too but for the sake of this discussion I’ll focus on the following):
- Concerns at an industry/sector level: everyone performs poor
- Concerns about a particular stock: a specific company performs poorly while peers are doing okay
If it’s the first one, often management can’t be singled out.
If it’s the second reason then I like to be cautious. In the case of Wabag, I have concerns about the management’s decision-making and vision during the last down cycle. I think the comparison below expresses what I mean:
I was getting into Wabag with a rationale to exit in 2-3 years. Midway, I realized that I’ll not be able to exit in time due to personal commitments. So, I decided to stick with Ion Ex.
My complete set of actions was: Bought Wabag → Sold Wabag → Add Ion Ex. (Last addition on 09/08/23) .
Disclaimer: I am not a SEBI registered advisor or analyst. This is my personal view and not a recommendation. I am often wrong and do change my views without being able to inform anyone.
Priyank’s Portfolio (31-10-2023)
(post deleted by author)
Priyank’s Portfolio (31-10-2023)
(post deleted by author)
Manappuram Finance (31-10-2023)
This looks like a very exciting initiative.
It covers 2 major pain points for gold loan industry:
- The opex in evaluation is a considerable expense for the lender
- The borrower has to spend considerable time physically at the branch for disbursement.
“With GoldPe | APM, they can get their gold loan instantly, safe and secured within less than 8min & 24x 7. Customers can deposit their gold in the machine, which then uses AI technology and Gold / Metal Analyzer to assess the Purity, Quality and Weight of the gold. The AI system will weigh the stone and gold weight separately, and based on this assessment; the machine instantly disburses the loan amount”
Manappuram Finance (31-10-2023)
This looks like a very exciting initiative.
It covers 2 major pain points for gold loan industry:
- The opex in evaluation is a considerable expense for the lender
- The borrower has to spend considerable time physically at the branch for disbursement.
“With GoldPe | APM, they can get their gold loan instantly, safe and secured within less than 8min & 24x 7. Customers can deposit their gold in the machine, which then uses AI technology and Gold / Metal Analyzer to assess the Purity, Quality and Weight of the gold. The AI system will weigh the stone and gold weight separately, and based on this assessment; the machine instantly disburses the loan amount”