Those partial shares will be turned into cash and returned to the investors in such situations.
Posts tagged Value Pickr
Investing Basics – Feel free to ask the most basic questions (11-09-2024)
Amount paid for acquisition of subsidiary will not be reflected in consolidated cash flow statement since it will be accounted as investment in sub and so will be eliminated on consolidation. You can see the amount in parent standalone cashflow. The acquisition price should also be mentioned in the disclosure along with other details. The other way to calculate this is to take the amount of net assets acquired from the disclosure and add movement in goodwill to it and that should be the acquisition amount although not necessarily cash paid. This will also include any non cash consideration (if any).
SWAN ENERGY LIMITED (SEL): The company focussing on sectors with strong tailwinds (11-09-2024)
Hi @DANGAR777
Swan is planning to sale Floating Storage Regasification Unit (FSRU). Any idea on the impact of this sale on the upcoming LNG port?
thanks
Investing Basics – Feel free to ask the most basic questions (11-09-2024)
Varun Beverages announced stock split from face value 5 to 2 and record date is tomorrow i.e. 12/9/24. As per my understanding, for every 1 share 2.5 shares will be issued. So, If one holds even number of shares no problem. But if I hold odd number – say 101 share – what happens. I am eligible to get 252.5 shares but company cannot issue 252.5 shares. So anyone holding odd number of shares will he lose value of 0.5 shares?
Disc. I held odd number and today I bought 1 share to make it even because of fear of losing value of 1/2 share
Globus Spirits (11-09-2024)
then cost of production is higher than sale price of ethanol… with price of maize ~Rs. 26/ kg and rice Rs. 29/ kg ethanol is loss making business.
As crude prices are falling and expected to fall further, Govt will not be able to increase ethanol price.
Entire ethanol industry has gone for toss – there will be many plant shut down…
sugarcane based ethanol is marginally positive…
We will see many grain based ethanol plants and sugar mills closing down this year.
SWAN ENERGY LIMITED (SEL): The company focussing on sectors with strong tailwinds (11-09-2024)
Swan Energy Limited (SEL) is developing an LNG port with an initial capacity of 5 MMTPA, extendable to 10 MMTPA, using a Floating Storage Regasification Unit (FSRU). The project operates on a tolling model and is 63% owned by SEL, with the Government of Gujarat holding 26% and Mitsui OSK Lines (MOL), the technical partner, owning 11%.
Key agreements include 4.5 MMTPA of regasification capacity reserved for GSPC, BPCL, IOCL, and ONGC for 20 years.
Construction progress has reached 83.95% as of March 2024, with major infrastructure like jetties and breakwaters nearing completion. The project has secured agreements for 90% capacity over a 30-year period, extendable by 20 years, ensuring a strong future.
Bajaj housing finance (11-09-2024)
Out of 937,142,858 shares 7,14,28,571 (7.62%) is set aside for the shareholder quota.
Investing Basics – Feel free to ask the most basic questions (11-09-2024)
Company name is Vasa Denticity Ltd (Dentalkart) They have acquired Waldent Innovations Pvt Ltd on 23rd Aug 23. Thanks for your help
Solex Energy – Undervalued Solar PV Manufacturer or Microcap Value Trap? (11-09-2024)
In the below tracker, I have started tracking important company goals for SOLEX. These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
- Verification Link: A link to see where I got the information about the goal.
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below:
Full tracker attached below:
Tracking Company Monitorables-44.xlsx (149.4 KB)
Globus Spirits (11-09-2024)
Rice yield 450 ltr per ton
Maize yield 380 ltr per ton
(approx fig for ethanol only)
Note: Till last qtr globus was procuring rice at 27/28.