Found two insightful reports on current state of offshore wind power development in India, available opportunities, challenges and road ahead. Makes for very useful reading (especially in context of the earlier post I made mentioning MNRE proposal on putting bids for offshore wind in Tamilnadu):
Posts tagged Value Pickr
Bajaj Finance Limited (03-10-2023)
Good blog on how QIP at high P/B creates value by increasing BVPS for older investors.
Link-BAJAJ FINANCE – New shareholders rewarding existing shareholders
Jash Engineering – Is it a multibagger (03-10-2023)
Sumeet Nagar is meeting Jash Management.
52 week highs and all time highs strategy (03-10-2023)
Thanks a lot Hitesh jee for this insight! In your opinion, is there any consolidation pattern more important than others? And also, do you recommend any book or articles which basically teaches you to find these patterns?
Secondly, in your view, which is a better strategy provided fundamentals are still attractive – 52 weeks high or current price very close to all time high?
APL Apollo Tubes (03-10-2023)
As per the latest volume nos uploaded, the value added seems to have dropped from 57% last qtr to 55% this qtr. Overall volume is almost flattish at 675k vs 662k last qtr and 11% up compared to last year same qrt nos . Raipur volume has shown a significant uptick from 19447t to 28755t. The ebitda for the nos should be north of 300crs.
Cantabil India – Betting on Tier 2 and Tier 3 Consumption (03-10-2023)
Company opened 7 stores in the month of September. Overall guidance is to open 80 stores per year for the next 2 years. Looks like store expansion is on track.
National Peroxide (03-10-2023)
23rd Sep would be the last date of purchase, making a buyer eligible to get the demerged NPL Chemical Ltd shares. One can sell the holdco National Peroxide on or any date from 26th Sep and selling will not affect one’s chances of getting shares of the demerged entity.
Investing Basics – Feel free to ask the most basic questions (03-10-2023)
I have been reading about goodluck india and the impact of warrants.
As per investopedia – Warrants represents rights to purchase a company stock at a specific price and at a specific date.
Here in this case goodluck promoters are also getting warrants at 600(near cmp).
I have heard that when a company issues warrant to promoters, then it is a positive sign.
I have few doubts here –
It feels that this settlement is very promoter friendly as when the price increases they get the profit ortherwise they don’t need to excercise it. Considering my understanding is correct, what is stopping the promoter to get warrants every year regularly(and exercise it based on profit) instead of only when business will do good in near future? It seems there is no negatives.