There are certain nuances needed to be understood here:
Nature of the business i.e. food delivery is tough, they had to burn a lot of money to acquire customers, nudge them to order, make them habituated to keep ordering. Infact they still make looses if you remove treasury income.
Now all these cash burn/looses had to be funded, & the PE/VC’s of the world funded them by taking stake in the company. This is why the stake is so low.
Nonetheless current stake (5%) is valued at approx. Rs 4,500 Cr.
& I am sure salary he would be drawing is much lesser than the value of the stake.
Posts tagged Value Pickr
Zomato – Should you order? (12-10-2023)
Bull therapy 101-thread for technical analysis with the fundamentals (12-10-2023)
Update on previous post-
Deccan Cements
Stock near 52 week high. More upside if crosses that.
New factors – South India Cement prices are hiked by ~10%
As mentioned in previous post, DCL is a low cost cement producer and was PAT positive when other south players posted losses. If sustained, this price hike can result in super profits which will further help their capex.
Also found this article where they awarded contract to KHD, same firm used by the likes of Ultratech and other biggies.
Update on Dhanlaxmi Bank – had a good run up of >50%
quarterly update showed growth on all fronts
StageInvesting +Elliot Waves (12-10-2023)
@StageInvesting
Other than Railway, PSU, Defence, Shipping, Electrical T&D, Renewables.
Any other sector, in your opinion, is in the favour recently ?
Pratik’s Portfolio – Review (12-10-2023)
This is really good to see. So the Cash flow is going back into re-investments. Your information looks far better than screener , Where do I can get this information , this will help in better decision making ? thank you sir.
KPI Green- Turning Sunshine Into Cashflows (12-10-2023)
This is big negative… Only value here is land … Can someone please confirm the value of land Surendranagar, Gujarat. There is no other value here… and get the stock @830. discount to market…
I check 1 more thing on KP group website, they have 35 companies in total… Also, they are doing hybrid in KP Green. Why do they need KP energy?
There are clear signs of CG issues… Lot of things are unanswered here.
- why do you need 35 companies? tax / debt / etc…
- His political linkages / influence is very high in gujrat. I doubt they will be able to replicate the same in any other state. Thats why in concall also, he didnt answered that question that y they are able to go much better than peers
- IPP revenue model – seems extraordinarly good. so good to belive for long term or outside Gujarat.
They can do exceptional well in Gujrat and target shared by mgmt are achievable in Gujarat. what they have build is commendable but again i might not have all the knowlege to give concreate opinion.
I feel you can ride on the bull market to make some qucik bucks but keep caution. This is my personal opinion. I can have divergent view going forward. This is as per my reseach till date.
Disc. – no positions
Zomato – Should you order? (12-10-2023)
So, Why is the promoter (who is not currently the promoter) working for company?
Just for Salary?
I mean, such a huge company they have built and they hold nil shares now – that means he is just working for the salary.
Is there any agreement or such with the FIIs that he can take back the shares?(Rumors in the market)
If there is an agreement where will the money come from? – the company will have to pay out of its profits (like buyback)
I am very much confused.
Zomato – Should you order? (12-10-2023)
Yep, that is true & hence he is not classified as a Promotor. But this is common across new age companies look at Paytm, Cartrade Tech. etc
COSMIC CRF LIMITED – sme (12-10-2023)
Press Release today – bagged another order.
Eagerly waiting for the results.
cosmic crf press release.pdf (2.5 MB)
PI Industries – Superior Business Model (12-10-2023)
Also a few questions regarding the company.
- What kind of molecule does the company perform CSM on?
- Does the company need to do separate capex on every new molecule they do CSM on?
- What is the order book recognition period for ~1.8 billion USD?
Thanks & regards,
Naman
Investing Basics – Feel free to ask the most basic questions (12-10-2023)
Apart from voting rights and more dividend payout, how are dvr shares different?