If this is the case, they ought to be good at B2C as well. Their mobile app is riddled with outdated data an unintuitive & clunky UI. I agree that it has stuff that Google Maps doesn’t. Having said that, I like their value proposition (there’s no denying their strengths in other segments and verticals) and leadership. This is an interesting play.
Posts tagged Value Pickr
Titagarh Rail Systems – Is this train finally moving? (26-10-2023)
Titagarh Wagons & Rail System has order book 8 times the trailing 4 quarters Sales.As per HSBC analysis, Titagarh’s execution capability indicates strong growth visibility
Discl: invested planning to add in declines. not a buy sell recommendation.
I may be biased. Please do your own assessment before investing in this volatile market.
Titagarh Rail Systems – Is this train finally moving? (26-10-2023)
Titagarh Wagons & Rail System has order book 8 times the trailing 4 quarters Sales.As per HSBC analysis, Titagarh’s execution capability indicates strong growth visibility
Discl: invested planning to add in declines. not a buy sell recommendation.
I may be biased. Please do your own assessment before investing in this volatile market.
Titagarh Rail Systems – Is this train finally moving? (26-10-2023)
Titagarh Wagons & Rail System has order book 8 times the trailing 4 quarters Sales.As per HSBC analysis, Titagarh’s execution capability indicates strong growth visibility
Discl: invested planning to add in declines. not a buy sell recommendation.
I may be biased. Please do your own assessment before investing in this volatile market.
Titagarh Rail Systems – Is this train finally moving? (26-10-2023)
Titagarh Wagons & Rail System has order book 8 times the trailing 4 quarters Sales.As per HSBC analysis, Titagarh’s execution capability indicates strong growth visibility
Discl: invested planning to add in declines. not a buy sell recommendation.
I may be biased. Please do your own assessment before investing in this volatile market.
Sree Rayalaseema Hi-Strength Hypo Ltd (26-10-2023)
So many holes in Cashflow statement for the past 2 years, are they cooking the financials?
Sree Rayalaseema Hi-Strength Hypo Ltd (26-10-2023)
So many holes in Cashflow statement for the past 2 years, are they cooking the financials?
Sree Rayalaseema Hi-Strength Hypo Ltd (26-10-2023)
So many holes in Cashflow statement for the past 2 years, are they cooking the financials?
Sree Rayalaseema Hi-Strength Hypo Ltd (26-10-2023)
So many holes in Cashflow statement for the past 2 years, are they cooking the financials?
Hindustan Media Ventures Limted (HMVL) (26-10-2023)
Fundamental Valuation for HMVL makes little sense, as it belongs to a dying industry. HMVL, with its flagship Hindi newspaper is still better placed than the English dailies, but the performance has been on the way down pre-covid and has got further exacerbated during and post-Covid. The main revenue earner for the newspapers is the Ad Rev, and this is moving away to digital space. Circulation is static and they have little to no pricing power.
There are a few positives that might play out in FY24 for HMVL; 1) Reduction in newsprint prices may reduce the cash burn (losses), 2) Improved ad spends by corporates in some sectors that target the rural landscape, 3) Uptick in GoI and State Govt. ad spends in view of the upcoming general and state elections, 4) Improvement in their new digital venture subscriptions, OTT Play.
However, HMVL is still an asset play with a large cache of Investments and Cash in its pockets; against a Market Cap of ~550 cr, HMVL’s Investments, Cash and Cash Eq. are worth 1400 cr as per AR FY23.
What is missing is the catalyst to spark market participant’s interest and unfortunately the sub-par transparency and communication skills of the management doesn’t help either. If and when it plays out, it might see some upward movement towards its Intrinsic Value. Note that the stock price has increased by 42% in the last year, but this could just be the result of the general exuberance in small and micro cap stocks in the market.