Hi,
I think it depends on whether you want to inject new capital or do you want to change your horses. If it's the earlier case and you are willing to be extermely patient then conservatively speaking, I think one might think to buy it at 100 -110 levels in case the market takes a nosedive. If its the latter case, then I don't have much to say as it gets too complicated.
It would almost be 9 yrs of rent I think on Rs 1.8 Crs. and 15 times present rent of Rs 1.2 Crs. None the less. Its just that I take any mgmt's justification on related party transactions with a pinch of salt.
Regards.
Hi Samir,
I think India is facing an energy and water crisis from quite a time. Sooner or later in the next 20 years this demand would have to be met. Be it through renewable sources of energy or the traditional coal way. But I think the main take away from the fact is whatever be the source, you need to invest on infrastructure for more dense and remote connectivity. So power transmission and water supply channels would have to increase dramatically. Being a newbie, I am sure this might be sounding amature as I am not providing any numbers but just a hand waiving argument but I think companies like Skipper Ltd have a bright future as their product portfolio caters specifically towards that. Although this market is regulated, I still think there is a huge scope to grow within this regulation as the demand is getting more inelastic in nature progressively.
Hi,
Was analyzing Modern Shares & Stockbrokers and found the following details
Cash to market cap is very attractive. Any trap in this stock ?
Hello All,
I have been looking at Granules India for a few weeks now and had the following 2 questions on the stock,
What is the reason for the company availing additional debt ? Is it for expansion ? It seems that with the profits and corresponding accruals they should have been very comfortable financing the expansion through internal accruals
Post split what would be a good price to get into this stock ?
Thanks
Hi Nishant,
Good Picks. I am invested in Granules India and Repco (around 5% for each of my total stock portfolio). It could be more if I have to consider my Mutual Funds (done through SIP). Not sure how they record this in the forum. May be the moderators can help...
I still feel that 67% allocation of the overall 25% - > 16.75% of your overall financial portfolio is higher for a single stock. While I may not be able to comment much on your remaining portfolio. But it is like trying to assess a student on how well prepared is he in Mathematics when he seems to be confident in other subjects 
One thing is that you seem to be very well covered on the pharma space. Have you looked into other areas that could be the themes for growth in the coming decade. Few thoughts that I feel can be looked at -
1.) Affordable housing and smart cities
2.) Renewable energy for sustenance - Solar & Wind
3.) Great opportunity for Indian Pharma - Continues
4.) Textiles - Can it be the Next Pharma
5.) E-com Boom - I am a little scared after the dot com burst though....
6.) Commodity trading in India
7.) Make- in- India (Theme played by the existing government)
8.) Growth of Quick- Service Restaurants Industry in India
9.) Digitization (Theme played by the existing government)
Members any thoughts?
Promoters of Kajaria seems to have bough the stake in AGL during this quarter ,
http://www.moneycontrol.com/news/buzzing-stocks/cheri-ceramics-buys-15-lakh-sharesasian-granito_3305101.html
Also, last week Tapan Jena (Ex COO of Somany) is appointed as group CEO,
http://www.bseindia.com/xml-data/corpfiling/AttachHis/DAD865DF_3FE0_40F1_9507_12DC5CC8D98B_120221.pdf
Some good indications.
@hrfacebuk - valuation has been done by two separate entities, including the company's banker, so I assume the price is fair. Also, if you think about it, paying 1.8 crore per annum vs one time price of 16 crore is a very fair deal - it is only 5 years of rent, not to mention the synergies that come with it.
@ashwindamani - thank you. I have high hopes for ITFL, and that makes it all the more relevant that one is careful. On another note, I have sent a physical copy of the letter, an email copy and a follow up to the company secretary but have received no response. Do you know any way I can pressure them to respond or at least acknowledge my mail? Does it count as an "investor grievance" which the quarterly results disclose?
Could someone proficient in charting share their technical view on the Kitex Chart?
Persistent Q results are out. Better that expected. Revenue growth in INR is up 16.9% YoY and 8.5% QoQ. PAT up only 0.7% YoY but 6.9% QoQ
See the results link
http://www.moneycontrol.com/stocks/reports/persistent-result-press-release-fact-sheet-for-september-30-2015-2106081.html
Today concall at 5PM India time.
Disc : invested