That statement was around QIP date. After that They have shared 2/3 times in concalls that since they can not find enough reasonably valued music content for QIP money so they are open to use QIP money for strategic acquisition which in long term will increase views.
Posts tagged Value Pickr
Archean Chemical – Specialty Chemical Leader (07-10-2023)
Promoter takes 3 percent of revenue as commision. What are other remunaration as annual salary etc ?
Rategain – Fast Growing SaaS Leader (07-10-2023)
Almost all companies of startup circle are loss making and ultimately survival chances for long terms are very low
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (07-10-2023)
IMO angel one is fairly for a broking business. Near term triggers include final approval for AMC by SEBI.
Recently zerodha was granted final AMC license in Aug 2023 i.e. nearly 10 months after the in principal approval.
Considering Angel One got their in principal approval in Feb-2023, the final approval may come towards the End of the CY23 or in Q4 FY24, if we take Zerodha AMC as the reference.
Anyways this is just a approximation and may or may not play out as is. I look forward to this near term trigger
Disc: Invested and biased
Is Suzlon a turnaround story after FY16 (07-10-2023)
I guess one big advantage for offshore wind farms comes with reduced red tape for land acquisition, Tamil Nadu is poised for India’s first offshore wind project .
IDFC First Bank Limited (07-10-2023)
Don’t you think 7.7 for F.Y. 25 is too optimistic…from current F.Y. EPS which is expected to be around 4.5-4.8 rs. with 705 crore existing shares and 3200-3400 crores of profit, that is a 60-70% jump in EPS in a single year…am I missing something here…
Multi-Disciplinary Reading – Book Reviews (07-10-2023)
Stephen Fry’s Mythos, & Heroes
The Greek Gods & Heroes accomplish great things, but also end up committing terrible mistakes. The defining feature of Greek mythology is it makes no excuses for their flaws.
If you don’t have the patience to read Edith Hamilton, Stephen Fry’s entertaining yet comprehensive introduction to the Greek Mythology is your next best option.
Nestle India – FMCG Play (07-10-2023)
Investor friendliness being shown i think
Also gerber is something that came up in one of the discussion on news channel with a big fund manger out of india. Premium product for childrens.