I like the management statement. They are more focused on the business rather than making investors happy
Posts tagged Value Pickr
Manappuram Finance (10-06-2024)
What is holding manappuram in recent rally post election results? I think holding corporation issue creates obstacles after Asirvad listing. I don’t know why prompter want to go for holding corporation route for Asirvad listing. Is it makes better control over newly formed company? Any experience person can share his/ her views on this.
Indian Energy Exchange (IEX) (10-06-2024)
Interesting article ,though might require a Pro subscription from Moneycontrol to access.
The gist of the article :
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India established a national electricity grid more than a decade back by integrating five regional grids in phases.It may appear that a uniform power tariff should be a logical culmination
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MBED was the outcome of the deliberation between stakeholders to explore the feasibility and the implementation of a uniform tariff across the country.
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Unfortunately, MBED hasn’t made much headway so far. One key reason is that it is primarily meant for electricity buy-sale through power exchanges. At present, power exchanges account only for about 7 percent of India’s total electricity generation, while close to 90 percent of power is contracted through long-term power purchase agreements (PPAs).
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Electricity, being on the Concurrent list, is caught between cross currents. As both the Centre and the states have jurisdiction over the power sector, New Delhi cannot make tariffs uniform or even change them unilaterally. Significant amendments will have to be made to the Centre and state laws to take it forward.
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States with lower power generation costs may resist Kumar’s demand for “one nation, one power tariff” as an average uniform levy may translate into higher prices for their consumers.
Borosil Limited (10-06-2024)
@samm2211 @UrvilShah acquisition cost for bonus shares is zero. For demergers, the company in the scheme document gives a ratio / percentage as to how you should split your original cost of acquisition between the two shares
Heritage Foods Ltd (10-06-2024)
I disagree with this hypothesis. Attaching a video which I completely resonate with and the reason for which I wouldn’t let go of Heritage or think of it as just a short 5 year story. As long as they keep delivering on their business plan, I’ll retain the company in my portfolio
https://x.com/FundamentalGems/status/1799496350385463337?t=-nkPWpRMUSVJT-OTY8cYLA&s=19
Sundaram Clayton (10-06-2024)
Hi Kandukuri,
Your comments above have been super helpful, so firstly, thank you so much for educating all of us.
I have 2 questions:
- How do I value TVS holding business other than its stake in TVS motors?
Context: today the market cap of TVS motor is ~115k. TVS holding has ~50% stake and then factoring in 50% discount due to holding structure of TVS holding, the market cap that TVS holdings gets due to TVS motors is ~25k, which is where TVS holding is exactly at today. So I want to see how much fuel do we still have in TVS holding?
- What is your perspective on Sundaram Clayton valuation?
Context: I feel it is suppressed because its profit have been taking a huge hit due to non operation of USA factories and fixed cost from them. However this may improve on some years. Also, I think the huge Chennai land they have in the prime area, is worth a lot which they may sell some day. Whatever I am saying here is not with a lot of confidence, so looking for guidance from you as well. Thank you!
Avenue Supermart: a compounding machine? (10-06-2024)
I had also seen popcorns and ice-creams at few DMART stores earlier. But seeing them selling Pizza with it’s volume and scale pleasingly surprised me!
Companies with 20%+ growth guidance for next few years (10-06-2024)
Hi Folks, is there a screener for companies guiding for more than 20% growth in the current and next years?
Avenue Supermart: a compounding machine? (10-06-2024)
its been years here in hadapsar store of Pune city. started with ice cream softy cone, then added branded icecreams and popcorn etc…all at the exit gate of the store. so after shopping, one is exhausted and will look for something quick to eat…so yes it is a good idea as it seems to me.