Here is the brokerage report
http://breport.myiris.com/SKPSEC/SKIPPER_20150921.pdf
Posts tagged Value Pickr
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
GRUH Finance – mini HDFC (23-09-2015)
I though payment banks can only hold govt treasuries, and are not allowed to do any lending. Am I wrong? Any source for this piece of info?
IDFC Special Situation September 2015 (23-09-2015)
Dear All,
Please find below details of timeline of IDFC demerger along with its impact on securities in cash and FO with record dates.
*Timelines for IDFC Bank from Oct 1 (the day on which the bank goes live and the demerger is effective) to Nov 6 (when equity shares of IDFC Bank are likely to be listed and traded).*
a) Record date for being eligible for IDFC Bank shares is Oct 5. Further, the day on which IDFC shares will trade ex-demerger (i.e. ex-bank) is Oct 1. The ‘ex date’ is the working day before the record date but since Oct 2, 3 and 4 are holidays, Oct 1 is the ex-bank date for IDFC shares.
b) To facilitate price discovery for IDFC shares ex-bank a one hour window (pre-open) from 9 to 10 am will be provided on Oct 1 on NSE and BSE. During this hour, the trades will not be live but will be there only to facilitate price discovery. Post 10 am the trades on IDFC ex-bank shares will go live on both exchanges.
c) IDFC Bank shares will be allotted to IDFC shareholders on Oct 9.
d) IDFC Bank shares are likely to be listed and traded by Nov 6. Hence, for the period Oct 9 to Nov 5, IDFC Bank shares will be unlisted.
Also, highlighting a few points related to F&O contracts:
a) IDFC F&O contracts will be cash settled on Sept 30, a day before IDFC shares become ex-bank i.e. Oct 1.
b) From Oct 1, there will be a new series of F&O contracts on IDFC ex-bank shares which will be traded and settled in a manner similar to such contracts on other listed stocks.
On Wed, Sep 23, 2015 at 12:37 PM, Chandresh Shah
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
Hi VI,
If you read ar 14, http://www.skipperlimited.com/pdf/skipper_annual_report2014.pdf
you will get fair idea of the lease model
From 2014 only they started lease based model,
not yet holding, but got interested , will buy on correction
Thanks,
Mahesh
IDFC Special Situation September 2015 (23-09-2015)
As per info from company presentation - all futures and options will expire on 30th Sept and new futures will get launched on 1st Oct.
Please not that the announcement is yet to come from exchange side on the same.
Thomas Cook India-Will it move like Warren Buffet Stock (23-09-2015)
Agree that thomas cook generates majortiy profit from Quess Corporation.
But what I understand is Thomas Cook itself generate free cash flow and enjoys Forex market with 52% market share and also performing well on corporate holidays.
Prem Wasta is using this cash flow from thomas cook to buy business which are generating free cash flow below 10times valuation.
So lets see how the story pan out and is he able to buy some another good companies like Quess that can add significant value to Thomas Cook.
Disc : Invested and has positive bias
Need serious Help with my portfolio should I stay Invested or pull out (23-09-2015)
Also remember bear market is the best time for portfolio modification if any, as not only week stocks but also strong stocks fall. In investing try to control greed & fear.
Here greed is 41% in one stock & fear is : fear of loosing money if U sell in loss. If U can control these two U will earn lots of money.
As a retail investor always try to buy sector leaders with high ROE, company which pays tax & gives out some descent dividend and not too much debt.
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
Hi Mahesh,
Can you elaborate more on strategic approach of Skipper using Lease based model? What I have understood of Skipper is that majorly they are into Tower making business. What is the way in which they are using lease based model in this?
Do you already hold shares of Skipper?
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
Yes you are correct,company following leas based model, which is quite strategic approach.
How to calculate Intrinsic using DCF with EPS method (23-09-2015)
At a high level, you are going to take all the future cash flows and not EPS as it can be misleading.
Project 5-10 years of cash flow and a terminal value for the rest of the company's lifetime. Discount the total for cost of capital.
If you want to learn, suggest you read Aswath Damodaran, best in business on DCF. Also read the DCF caveats from Legg Mason, Bruce Greenwald etc.
If my answer is too high level and you want a specific example, visit a site like Dr.Vijay Malik.
I am just avoiding the detailed answer here as the quality of some of these articles are far superior to what I can write as a response here.
Cheers.