How do you take the results of IDFC First bank. How do you think will the market respond to the results?
Posts tagged Value Pickr
IDFC First Bank Limited (28-10-2023)
Excellent result. Deposits are growing at 44% and loan book at 26%, this is exactly we need for sustainable growth.
IDFC First Bank Limited (28-10-2023)
Excellent result. Deposits are growing at 44% and loan book at 26%, this is exactly we need for sustainable growth.
IDFC First Bank Limited (28-10-2023)
Q2 results and press release… disappointing at first glance, no QoQ growth for a bank which has just started its journey towards normalisation of profits in last 1-2 quarters and promised 40-45% growth in operating profits in current and next year…looks like the train is already losing the steam…
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085d0b79-8a1d-4bab-9280-c07b5949a92c.pdf (4.5 MB)
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0e272e1e-e4f3-4b72-aff4-4b913118774d.pdf (418.6 KB)
IDFC First Bank Limited (28-10-2023)
Q2 results and press release… disappointing at first glance, no QoQ growth for a bank which has just started its journey towards normalisation of profits in last 1-2 quarters and promised 40-45% growth in operating profits in current and next year…looks like the train is already losing the steam…
.
085d0b79-8a1d-4bab-9280-c07b5949a92c.pdf (4.5 MB)
.
0e272e1e-e4f3-4b72-aff4-4b913118774d.pdf (418.6 KB)
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (28-10-2023)
Ugro is lending at high interest rates to risky segments and unsecured as well. Their asset quality will never be comparable with large pvt banks.
Praveen’s Information Attic (Obervations, Lessons, Thoughts) (28-10-2023)
Exactly, this is what I meant. Few examples
- MCX with P/E aof 90x. Currently earnings are depressed with high software charges which would normalize starting Q3 FY24
- Fairchem organics, where P/E appears high at 64x, as the earnings took beatings in recent quarters
Broadly, cyclical cos may look optically expensive when earnings are depressed with very low profitability. Examples being commodity businesses like metals, etc.
Why not leave it to the experts? (28-10-2023)
Thats true. I have kept holding and kept studying the companies even after soic sold them.
Examples like Alkyl Amines, p.i.industries, Divis, Astral etc I am still holding and studying, even though I know that they dont hold in their portfolio as I am confident of these companies doing good over coming decade, even if currently they are subdued amd not in tailwind region. I only take help at the start, but later on i hold them in thick and thin, if I am confident of them.
Why not leave it to the experts? (28-10-2023)
This was meant to be generic and not at a specific comment on Mudit. We are all aware of how good the overall retail community in India is where people invest without looking at any sort of metrics completely on hearsay and tips.