Posts tagged Value Pickr
BSE (Bombay Stock Exchange)- Bet on Financialization? (19-09-2024)
Data via Tijori Finance
DCX Systems Ltd (19-09-2024)
Good updates
1.https://www.bseindia.com/xml-data/corpfiling/AttachLive/04139bb1-3c75-4114-8755-1c12f8434ac0.pdf
DCX Systems Limited has received an industrial license for its subsidiary, M/s Raneal Advanced Systems Private Limited, to manufacture microwave submodules, avionics, defense electronic equipment, radar systems, and EW systems. The license will be valid for 15 years and falls under the highest level of security. No withdrawal or cancellation of the license has been reported.
And
- DCX Systems secures an export order from Elta Systems in Israel for RF electronic modules valued at ₹154.80 crore.
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (19-09-2024)
Opportunity cost has been something which is quite evident in the stock price, which has mostly been sideways or on a one way downside that being said on valuation front Ugro is available at a solid cmp/bv of 1.5 which is reasonable given the headwinds in NBFC sector facing heat from the increased interest rate scenario.
Now, as of yesterday the fedresv has decided to cut rates by 50 bps, possibly RBI will also weigh in on a rate cut by nov mpc meet, since the inflation in india is now also in tolerance band. Ugro also recently floated a 15cr NCD issue through ppo (operational issues?)
That being said, interest rates as such can only give a tailwind and the internal efficiency ratios lies under management’s control. A respectable cmp/bv for a company like ugro would be 2.2 to 2.5 but only if the roce picks up in the upcoming Q.
Looking at overall trend of decrease in the net loan origination if let’s assume the election season had nothing to do with the overall performance of the industry we might see a slight uptick in the NPA for upcoming quarters since if mgmt has decided to halt loan disbursement they have sensed that the ongoing loan disbursement might be riskier given the high interest rate scenario.
Disc: holding, biased.
Lotus Chocolate Company: A Tasty Affair (19-09-2024)
Disclosure of your holding is missing.
Techknowgreen Solutions – Microcap in need of the hour business (19-09-2024)
Hi Sandeep, did something catch your eye to validate AHI’s concerns?
Lotus Chocolate Company: A Tasty Affair (19-09-2024)
I think this must help you understand how it works. Here, I have kept the volume and other raw material prices constant to simplify things for your understanding. Also, the end consumption of chocolate has always been detached from the price movements because there is no alternative to chocolate and the demand has only been growing for centuries.
I have considered that Lotus was able to pass on 100% of the price hike but realistically even if they are able to pass on 70-80% of the hike the bottom line will still grow.
Shakti Pumps – solar shakti (power)! (19-09-2024)
Monsoon definitely + sometimes numbers are updated with lag as state govt takes times to share data. But certainly yes, we should lower our expectation and go by 30% growth in this year
Religare Enterprises (19-09-2024)
Thank you for sharing the interview. I missed it.
Where is this headed? When all the legal wrangling is over, shareholding will be the key to control. The Burmans have a significant holding. And they can acquire more.
Dr Saluja and team have done a creditable job of rescuing the business from potential bankruptcy.
But now the company is out of trouble and doing well. So it will attract interest from investors who want to become promoters. That is how capitalism works.
The rest of it – “low open offer” and “not fit and proper” – is meritless though the resolution may get dragged out. I am not invested. I want to see this settle before I evaluate the investment.