Started buying on monthly basis. This time I got lucky and got it around 1730 levels. It seems kotak bank is more cheaper in comparison to Hdfc bank and can be future case of demerger for value unlocking of its different business verticals.I was buying it because nothing has changes in business but its valuation is getting adjusted by Mr. Market. Retails participation is also getting reduced. Stocks is idling in sideways with out of hot talk in a town. Lets see how this unfolds in future. Disclaimer: Started buying from 1770 and keep on buying till price hovers in this range.
Posts tagged Value Pickr
SWELECT ENERGY SYSTEMS LTD – some information from Annual report (11-10-2023)
Divestment will help them to focus more on core business. I think its a good move.
Dollar Industries ltd – Fit Hai Boss (11-10-2023)
As per Page Mgmt Commentary – “Too much ongoing offers/schemes in the marketplace by competitors to liquidate their inventory | Page inventory is 3+ months whereas competitors inventory ranges from 9~12 months”. I believe this is the reason for value de-growth.
Aurion Pro : Yet another IP product company? (11-10-2023)
One more product acquisition by Aurionpro. Omnifin, a Loan Management product with 45 banks and NBFCs as customers.
Last year it had a sales of around 21 crore … the total deal size is 82 crores
93fbb404-4fcc-4978-8c2d-adacac38c23d.pdf (1.1 MB)
EBITDA details unknown as of now… probably this is a bit higher valuation in comparison to the previous acquisition of InteractDX… Aurionpro would have evaluated option for Build vs Buy …plus the the time it takes to acquire this market size of 45 customers
Payment seems to be in the form of Cash and Equity
36 crores Cash +
26 crores worth Preferential shares +
20 crores deferred payment after 3 years
Preferential shares will be issued to Mr. Abhijit Mitra (founder of Omnifin product) who will be joining Aurionpro…he was ex Nucleus software Head India operations & products
I guess all the other employees who worked on this product will also join Aurionpro as was the case with previous acquisition.
Policybazaar – Insurance Online (11-10-2023)
PB Fintech Q1 FY24 Concall
Pratik’s Portfolio – Review (11-10-2023)
Hi,
They have positive operating cash flows. They are investing in IPPs which is causing the cash out flow. IPP is high margin but capital intensive portfolio. Not too worried about it as these IPPs have long term contracts providing annual income. Let me know if you still have any questions on this.
Pratik’s Portfolio – Review (11-10-2023)
Hi,
They have positive operating cash flows. They are investing in IPPs which is causing the cash out flow. IPP is high margin but capital intensive portfolio. Not too worried about it as these IPPs have long term contracts providing annual income. Let me know if you still have any questions on this.
Websol energy system ltd (11-10-2023)
I have uploaded my high level model on Websol as a part of my post “Pratik’s portfolio review”
Websol energy system ltd (11-10-2023)
I have uploaded my high level model on Websol as a part of my post “Pratik’s portfolio review”
Satia Industries – Journey towards Cyclical to Shallow Cyclical? (11-10-2023)
Could someone kindly explain how NEP would benefit the company? I realise that the company is mostly functioning at full capacity, so will NEP simply help by raising paper prices?