60% are existing. Ofcourse when u expand u need to identify new customers and China + and Bangladesh issue is a good opportunity for the company
Posts tagged Value Pickr
BLS International (12-09-2024)
BLS acquired a Dubai based company for 260 Crs at almost 3.2 times price to sales ratio and EV EBITDA ratio of 7 times.
Go Fashion – Adding Color to your Portfolio (12-09-2024)
I was looking at the ratios of the Company at screener. The website shows inventory days as 318 for 2023-24.
Annual Report and Tijori show it at 104.
Is Screener trustworthy? or is it common for these types of sites to have discrepancies?
Great articles to read on the web (12-09-2024)
Ian Cassel, the GOAT in Microcap space.
Very relevant in today’s time. Enjoy.
Zaggle_A platform to address pain points for enterprises (12-09-2024)
ZAGGLE’s trade receivable comprises:
• 55-60 days of receivables on SaaS fees, which is recoverable from corporates
• 45-60 days of receivables on program fees (interchange) which is recoverable from the bank.
However, billing for the program fees happens at month end.
• 30-35 days of receivables on gross basis of Propel points redemption. Billing for the same
happens at the time of redemption of Propel points and not at the time of allocation of these
points. This is receivable from the corporate.
Some of these revenue stream have lumpiness towards the quarter/year end and correspondingly, there
has been an increase in receivable days. In absolute amounts, Propel points/ Gift voucher business
consumes most working capital for the company.
(Source- equirus research report)
John Cockerill India: A Case Study on Decarbonisation of Steel (12-09-2024)
What are the steel companies who are leading the transition to renewable sources of energy in India?
Carysil (earlier Acrysil) – Kitchen sinks (12-09-2024)
Carysil is yet to break its all time high volume in Quartz sinks
Bharat Forge – 50% Fib Level, Bullish Divergence (12-09-2024)
https://idrw.org/bharat-forge-gets-tot-for-whap-8×8-vehicles/
Bharat-Forge has obtained the Transfer of Technology (ToT) for the WhAP 8×8 wheeled armoured platform. This will be the second armoured vehicle from Kalyani’s stable along with the Kalyani M4. Tata Mahindra and L&T are direct competitors in this area. This is discounting the possibility of the army going for US’s Stryker which is twice as expensive and doesn’t provide any thing that’s significantly better.
Kalyani’s current WHAP was said to be based on the Terrex Infantry Carrier Vehicle (ICV) that has been developed by ST Engineering of Singapore and Timoney Technology of Ireland[source]
With the requirement for FICV being around 1750, the total order can be close to 40,000Cr. If the army does not follow the L1:L2(60:40) bidding, there is still room for all and the concurrency can speed up the procurement. Also, one company may not be able to put in place a production line that can cater to manufacture thousands.
Companies with 20%+ growth guidance for next few years (12-09-2024)
Few more links for your reference which clear doubt
https://x.com/tac_security/status/1833566175172673829?s=19
https://x.com/tac_security/status/1818638414406693168?s=19
https://x.com/thetribunechd/status/1830183382396833918?s=19
https://x.com/ptcnews/status/1829166744566722734?s=19
We can discuss on valuation which is little expensive right now but did you still doubt over company and its product