People in India dont like to pay for advice , consultations or non tangible things. For doctors , lawyers also people say there job is only to loot money. People only look for free advice. Financial illiteracy is also one of the reason. Most of the people in India are financially illiterate and do not understand it. They are dependent on friends , relatives , neighbours etc for investment because there advice comes for free.
Posts tagged Value Pickr
Piccadily Agro Industries Ltd (20-06-2024)
A new IPO has hit the market - Allied Blenders & Distillers Limited.
The company is being valued at 7600cr and has an EBITDA of about 200-250cr, with an EBITDA margin of ~7% and growth rate of 10-15%. (source: ABDL’s DRHP Pg 328)
Compared to this, Piccadily Agro, based on Q4 numbers, has an annualized EBITDA of 250cr, EBITDA margin >30%, growth rate >40%. Yet, its current marketcap is 7000cr - less than ABDL!!
Clearly, Piccadily Agro is extremely undervalued on market comparables basis.
Dynemic Products (20-06-2024)
In recent con call of Vidhi specialty, they didn’t mention Dynemic products as their competitor. Is there any significant difference in their products ?
Hitesh portfolio (20-06-2024)
Sir, how should one go about trading without looking at charts?
Just like many investors invest without any help from charts, purely going on with fundamentals, can traders too, trade without charts?
With investing one can hold the stock for years if there is a big fall in share price, in the hope to sell at the purchase price. With trading, comes stop loss, one cannot fear to take loss, nor one can hold exceeding the intended period, to escape loss, as capital is necessary for other trades, and trading with a plan is better.
I am guessing, there existed some participants who were inclined towards shorter time periods, and must have been successful too, before computers came into usage.
Perhaps, you can pick a stock for trading, without looking at its chart, because you have years of experience which reflects while selecting a stock for trading, so you will have some idea as to how the story will unfold. But, you too post many charts, and Hitpicks is technofunda based, Quantamental has indicators incorporated in them. Personally too, I get some sense of what is happening when looking at a chart. I am also coming across posts in VP, where investors are posting charts, and talking about stage analysis, they are incorporating technicals with their fundamentals. So to omit the technical aspect looks hard.
And after buying, following the price through charts, is straight forward, with the chance to observe the price on multiple time frames at the same time, trailing profit too is not tedious, and one even say that price will reflect all the changes, at least, after buying. How could one know without checking charts, that price in going into consolidation, taking a breather, and another leg of journey can start? Just by following the price through numbers?
So, if one were to not include any kind of technical analysis, and rely upon looking at numbers and fundamentals, and want to take trades only for shorter periods of time, for a few weeks to months, how can he do that? Is this even possible, or TA has become a standard, and will only grow, so there is no trading without TA, just like there are no markets without Quants?
Samhi Hotels – Turnaround with Tailwinds (20-06-2024)
they won’t have to pay taxes for a long time as they had losses for the last few years.
and here is how I calculated ebitda
- Expecting 200 crores to be their interest cost. So 2000 crores is debt because cost of debt is 10%. Assuming 145 crores+200 crore free cash flow, ebitda coms to 470 crores(3.5 times net debt/ebitda is expected)
Out of this, 200 is interest costs, followed by almost the same or a little higher depreciation at 125 crores.
so we get, 135 crores. remove 30 crores because of G&A and ESOP costs, we get a pat 100-110 crores.
Why do you think people in India don’t take help from financial advisors? (20-06-2024)
I don’t think it is about Financial Literacy or Illiteracy. If it was only about knowledge and available information, businessman would never go bankrupt or biggest investors would never loose money.
All Financially Literate and Illiterate, should also have an understanding about the markets, economics and most importantly, have patience. Financial Advisors don’t merely offer advice, they also help investors navigate through difficult market situations.
And I know this first hand, Financial Advisory is in no way easy. For once, just try talking to an investor who has lost 20% of his capital in a market crash. Try convincing him to stay invested and maybe even invest more. That is absolutely impossible but Financial Advisors somehow manage to do it.
VP Bhubaneswar/Odisha Meetups (20-06-2024)
From Koraput
What is the progress
Just think for Virtual Meet Up
Then go for Physical Meet…
Hindustan Aeronautics (HAL)- India’s Largest Defense Company (20-06-2024)
(post deleted by author)
Sky Gold ltd. – Will it reach the sky? (20-06-2024)
Sky gold is again proposing a preferential issue. To raise equity capital from current 15cr to 20 cr. A 33% raise which is massive. In q2 or q3 they had said that they do not intend to dilute further. Anyone aware what this new one is for?
Azad Engineering – A stock picker’s dream! (20-06-2024)
At 200 odd pe ite nightmare:)