Really, a good portfolio.The holding period of 1 to 5 years is quite reasonable. I do own a few shares which are the part of your portfolio.Protean, Granules, Netweb etc. are stocks for long term undoubtedly.Can you please share the reasons for selecting Old Bridge Focused Fund, why is it different from others?
Best wishes
Posts tagged Value Pickr
Bibhabasu’s Portfolio (09-09-2024)
Time technoplast (09-09-2024)
The overseas divestment is postponed which has helped. Also, an explanation was provided in the concall itself. So not sure why such hue and cry. Best to track this completely before putting out an incorrect opinion
Aaron Industries Ltd- The Elevator Play (09-09-2024)
@Shanki_Bansal
Thank you so much for your inputs.
Few pros and cons are there like
Good promoter holding
EBIDTA/interest is fine
No concalls etc.
What is your take on promoters
Honesty, risk mitigation, sustainability, how they treat employees.
Thanks in advance
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (09-09-2024)
This is very good analysis of important metric in sugar industry. Only companies with low cost will survive in sugar industry. which is not revenue driven but cost driven. Companies have to focus on efficiency and not increasing capacity. Any company planning to increase capacity should be exited. leverage should be less than 0.5x.
The main problem with the industry is Govt. control due to which selling price is lower than it should be and cane costs (FRP) are higher than it should be. The industry will never make good margins so only operating efficiency will matter. Reiterating that any company adding capacity will be reducing ROCE.
Mudit’s Portfolio (Stage Analysis + Price Momentum) (09-09-2024)
Has anyone done an back test where an momentum style does well when market is in a prolonged stagnation (3 years 1-3% CAGR of whatever index you choose. Do you do weekly/monthly/quarterly rebalancing in such a case.
What are results vs a value-based approach in such a scenario.
Greenpanel Industries Ltd. (Demerged Entity of Greenply) (09-09-2024)
Yes. They have been saying this for quite some time now. Let’s see what how September quarter results turn out to be. Have added very small quantity based on their latest concall as well as technical charts.
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (09-09-2024)
Some of the interesting facts is identifying on Uttam Sugar:
ACQUISITION:
The company proposed acquiring a majority stake of 58.33% in Uttam Distilleries Limited (UDL) which operates 40 KLPD grain-based distillery, for around Rs.35 crores. Rs. 13.10 crores were invested in FY24 and the remaining Rs.21.90 crores will be infused in FY25 from internal accrual. The acquisition will be concluded by October 2024 and UDL became a subsidiary later…
Brownfield expansion:
Khailkheri Unit existing capacity 4700 TCD
Utilization 100%
Proposed addition 800 TCD
With an excellent location, one of the highest capacity utilization, scope for further expansion, full steam saving technology, expansion in distillery capacity, one of the most significant branded sugar players, diversification in high margin pharma sugar,65% of production comes from high margin refined sugar.
Action construction equipment ltd (09-09-2024)
ACE Forklifts for Ministry of Defence
An order of 99 forklifts from Ministry of Defence
Som Distilleries and Breweries (09-09-2024)
While HNI investors like Dolly Khanna have made good investments, they are very quick to get out also if they think it is wrong decision and retail investors following them get stuck !!
I agree that valuation is low and will eventually catch up to peers.
The cause of the negative news will eventually be corrected by the company given that financial performance is very good. also with size increasing companies usually adopt good practices.
Camlin Fine Science Limited — Looks interesting but some way to go (09-09-2024)
Do you have a thesis / view on mid-long term prospects?
I’ve been working on this but information is limited and complex.