I have the same view as the valuations are out of whack.
Of course, there are limitations of holding company, have to exit at the bank at various stages etc.
But finally there is a price of everything and today’s price of IDFC makes it attractive for 13-15% CAGR over the next five years.
Disclosure : Heavily invested in IDFC, exited IDFC Bank after split
For a long term investor interested in IDFC Bank, would it make sense to buy IDFC (as it holds 53% of IDFC Bank) instead of IDFC Bank ?. If not, why ?
Interesting talk by Mr.Rajiv Lall
Disc: Not invested.
Thanks, I stand corrected as I looked at standalone nos. I could manage to get Cambridge as small % of my portfolio and was looking at Kellton from industry point of view.
Thanks Vikas.
Unitech & Lanco are risky bets. Expecting turn around in Q3, Q4. Also Unitech is 2nd biggest realtor available at 20% of book value. Its only 1700 crore. Imagine you can buy out a formidable real estate company for less than 2000 crores…..I see this as a discount. however last 30 days no great movement, rather lost some money in both.
I didnot plan for diversification Cap wise or Industry wise. I am picking stocks basis MOS & IV.
I am tracking companies, where QoQ losses are reducing- so that at some point they cross over to profit. May be stock will pick up from that inflection point. Let me know if this method is wise or has any + correlation with price movements
Hello All,
Below is the segment wise revenue for the last 3 years (Taken from ARs). Any idea why Calcium carbonate not showing growth ?
Note: Not included IMFL as it recently started and others are miniscule
Regards,
Kiran
Well its a surely pass for me…but seeing the reputation of Dr Shetty it will surely going to get listing gains
Look at Force motors, its has a good play in small commercial and Light commercial vehicles.
If anyone is Tracking Kellton, The UC is limited to yesterday’s closing 195.7, even though it went to 197 yesterday, and Daily down circuit also decreased to 5% from 10%.
can anyone tell me what is the criteria for decreasing the daily circuit from 10% to 5%???
Disc: invested
1)TTM PE as of today is 27.5x, and still the 2 quarter of the Revenue of 100cr is yet to be reported.
Hence if i assume they maintain the same revenue runrate with the same margins for next 2 quarters, then Forward PE comes to 21x(approx)(assuming Rs.40 crores profit).
2) @rajpanda,- Even my understanding is same coz he explicitly said only Rs.50 crore revenue will be coming from acquisition this year. hence to reach Rs.550 for the June year end, they need to grow Q-o-Q only.
3) one other issue today, UC is limited to yesterday’s closing and decreased the LC to 5%, can anyone tell me what is the criteria for decreasing the circuit limit from 10% to 5%??
Regards,
Ateek
Disc: invested
I recall PIX transmission while we were buying Belts from them..product quality is good… but Competitor were producing superior quality belts-(Competitor Fenner) since Pix fall under cyclical & Parasitic industry demand is driven basically from Auto sector and Agri business and lastly Capital goods industry as of now i don’t see superior performance as of now.from any of the above sector. will put in my watch list and monitor the performance.As rightly said by Gaurav there is no margin of safety and DEBT is too high for the income generated by the company.what kind of moat will protect them in coming days as these products are more commoditized..
Disclo : I don’t hold stocks but it’s under my radar