one observation from Mar’24 Balance sheet. advances are not higher inspite of higher OB.
Posts tagged Value Pickr
Shakti Pumps – solar shakti (power)! (17-06-2024)
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Shakti Pumps has been granted its 14th patent for a technology named “METHOD AND APPARATUS FOR SOFT START, SOFT STOP, PROTECTION & BROWN OUT OPERATION OF A GRIDCONNECTED MOTOR” by the Indian Patent Office.
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This technology helps motors start and stop smoothly, reducing stress and maintenance costs, and preventing electrical surges and mechanical shocks.
Chairman and Managing Director, Dinesh Patidar: Expressed pride in receiving the 14th patent, emphasizing its benefits in various applications like conveyor systems, pumps, HVAC systems, and precision machining. The technology improves system efficiency, reliability, and longevity, and is compatible with generator-fed AC motors.
Companies with 20%+ growth guidance for next few years (17-06-2024)
Any thoughts in Sanghvi Mover, Jindal Saw, Techno Electric? Will Shivalik Bimetal really grow at 20%?
Corporate Fraud/Misdemeanor – Public Domain – Global lessons (17-06-2024)
We use to visit osia and found the place live. Hence may not be comparable to other fraud companies, it’s my opinion, I may be wrong.
However my concern is remuneration of promoter:
Mr. Dhirendra Chopra upto rupees 2 crores or 25 per cent of the net profits of the Company (whichever is higher) or in any year during the remaining tenure of his appointment. and same for Mrs. chopra. If duo takes half company profit what there is left for minority share holder, this prevent me for investing despite of their good growth.
Appreciate views / comment.
Great articles to read on the web (17-06-2024)
An excellent interview with S. Naren, CIO of ICICI MF, by Zerodha Varsity. He covers a wide range of topics - contrarian investing, cycle thinking and the difficulty in knowing how long cycles will go on, finding the bottom and top of cycles, value investing, how different asset classes offer opportunities at different times, recognizing the limits of one’s knowledge, structural investing (where he acknowledges his limitation), temperament, the importance of support groups, continuous improvement, why not to be a full-time investor, managing funds, creating the balanced advantage category, special situations investing, considering mean reversion while investing in mutual funds, downward protection, learnings as a CIO, following a process, developing home-grown talent, his investing gurus, doing pre-mortems etc.
Investment Approach of ICICI Pru Mutual Fund ft. Sankaran Naren | Know your fund Manager Ep 3
Maharashtra seamless-a value plus cyclical play (17-06-2024)
@StonePitbull tonepit Some analyst asked for this. The management seems confident that government will extend the anti-dumping duty seeing the past performance of this sector. Now the government didn’t change and the relation between India & China haven’t improved. I think Gov will extend.
HBL POWER SYSTEMS: Booting-up for the Race of the Century (17-06-2024)
Unfortunate accidents like these, will once again bring back need to have collision avoidance systems like Kavach and accelerate Kavach implementation at a faster pace, benefitting all the players.
Hariom Pipes Ltd: A Capex Play! (17-06-2024)
Problem is not capex. Problem is working capital. How do you solve for that?
Companies with 20%+ growth guidance for next few years (17-06-2024)
The management has been very conservative in disbursing loans(which should actually be a good sign but that has led to slow growth) but now they want to go a bit aggressive. Plus the revenues, financing profits, and net profits have risen consistently but the share price has not inculcated the growth in last 5 years. NPAs are controlled and declining on both QoQ and YoY basis. I tried but couldn’t find any major red flags in the company.
So, the main reason is the valuations (one of the lowest price-to-book multiples in the industry currently). I really think that when banks and financials start to give a run-up, city union bank will benefit from 2 way- reversion to the mean industry valuations, and sector bullishness.