Yes this is a bit surprising for a company having a market cap of 30000cr plus . There are only 7 companies whose MC is more than 30,000Cr and with both DII and FII holding less than 5%.
Posts tagged Value Pickr
Hitesh portfolio (13-08-2022)
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Usha Martin – Coming out of the Chaos (13-08-2022)
Hey Ishmohit, My queries-
- Why is the company including the ‘other income’ while calculating Ebitda? It has done the same for every quarter.
- Also, Is the company right in including ‘other income’ for caluclation of Ebidta/Ton?
“Polyplex Corporation “ Are Good Days Ahead? (13-08-2022)
POLYPLEX THAILAND AR NOTES.docx (500.7 KB)
Tinplate – Blasting through volumes, cyclically (13-08-2022)
A very good basic Q.
I also have no answer for it.
But my logic is - It superficially looks like a steel / cyclical company but may be a consumption theme.
The icing on the cake is Tata group.
So maybe we have to wait for the markets ( FII / DII) to realise that its a consumption story.
Only then it will run up. Till then it will hover around single digit PE.
In recent quarters, FIIs are marginally increasing their stake.
So the returns will depend on - when and whether the market “CONSIDERS” this as a consumption story?
Till then just wait.
personal views
dr. vikas
Everest Kanto Cylinders Ltd. – A long runway ahead! (13-08-2022)
What was surprising to me was the lack of clarity even for basic breakup of revenue, at the segment level. And there are just two.
We are in the middle of Q2 and they didn’t sound confident for this quarter as well. I would wait for Q2 results and the CNG price trend before investing.
Hitesh portfolio (13-08-2022)
Hitesh bhai
After you have decided on increasing stack in flourochemicals, is recent trend about reduced FII & DII interest and increased retail participation, is a factor that you consider while looking at the counter or it’s just the technical you focus on while you make future moves.
Hindware Home Innovation Ltd on to rapid growth post demerger? (13-08-2022)
Company bought the manufacturing unit from HSIL using debt which increased the interest. Management had told that they will clear this debt in 3years.
The manufacturing unit assets added to depreciation.
Tax rate is abnormally high for unknown reasons and should be around 25%. Maybe due to taxation related to purchase.
Company had sold 50% stake in Hinstastica Private Limited to Atlantic Socicte Francaise De Devlopment Thermique, France ("Groupe Atlantic’’) for joint venture in heating business in the last quarter for which it recorded 100Cr as exceptional gain in the last June quarter. This is causing the profit growth to look abnormally low. Removing it shows that the company actually increased its profit by 208%.
Everest Kanto Cylinders Ltd. – A long runway ahead! (13-08-2022)
I wouldn’t risk predicting the future though. One macro concern that I have is the gap between CNG and Dirty carbons closing in.
Also, I don’t find it unnerving to see that the Promoters / Founders don’t have their numbers to the second place of decimals but what I fail to understand why has the Company not aggressively promoted its leadership position in the Green Market. They enable the last mile connect in transitioning vehicles on CNG and that is a Green Lever.
With rising kitty of CSR, they have more ammunition to fire on this. Will build more brand value and also drive the aspirational shift of vehicle owners to Green. Handy if price gaps between CNG and Petrol / Diesel continue to reduce.
Investing Basics – Feel free to ask the most basic questions (13-08-2022)
I faced the same situation with dividend. That was given to me by the broker with quarterly settlement.