hey guys check the new edited message.
Posts tagged Value Pickr
GRUH Finance – mini HDFC (02-10-2015)
Actually, I don’t think building the software to evaluate credit risk is not the most but using it to actually assess and stick strictly to the parameters is the moat – execution is the moat. No matter how strong a system/process is if the branch managers, credit risk officers are slack and don’t implement it while sanctioning loans, it will backfire. Since Gruh had already had a bad experience in 2000s, once bitten twice shy.
The other companies, not sure if can execute as well as Gruh and here lies the moat, in my opinion!
GRUH Finance – mini HDFC (02-10-2015)
Hope the above link sent by Neerav helps you for your evaluation.
I think this is indeed a very good moat and pedigree that management has developed that would be very difficult for new players and replicate the same.
If they want to grow business than there is definitely risk of rising NPA’s and their is were Gruh finance scores.
Nifty PE crosses 24|A statistically informed entry-exit model! (02-10-2015)
Bloomberg or any such terminal will give you that. Some brokerage houses may also give you (I know Kotak Institutional Equities does)
Nifty PE crosses 24|A statistically informed entry-exit model! (02-10-2015)
Wow…thanks for highlighting this Krishnaraj 
I understand you said there are no free sources for getting the consolidated earnings. So can you share any paid ones?
Nifty PE crosses 24|A statistically informed entry-exit model! (02-10-2015)
I read this (1st post and other subsequent ones I glanced through) and the data is incorrect. That’s because this NSE source gives you standalone PE ratios and related measures. That’s incorrect because you need consolidated earnings to know how much your stock has made for you.
There is really no free source I know that gives you consolidated earnings of Nifty. I compute it for my analysis and am attaching it here (unformatted so apologies in advance). It shows that as of 25 August (and Nifty hasn’t moved much since) the trailing PE is 19.43. NiftyQ1FY16.xlsx (21.9 KB)
Over the years as firms have expanded the gap between standalone and consolidated earnings have widened. I wrote about it in alphaideas here – A company should be known by the companies it keeps. So looking at standalone earnings may be deceptive.
GRUH Finance – mini HDFC (02-10-2015)
In an era before most Indians had even heard about ‘credit score’, GRUH came up with its own assessment system. Today, once a borrower’s income details have been verified, all data is put in a software that looks at 23 parameters to determine eligibility. It’s a home-grown system that has been refined over the years, according to Suresh Iyer, general manager, operations at GRUH.
Read more: http://forbesindia.com/article/work-in-progress/building-homes-the-gruh-finance-way/34819/0
Supreme Industries (02-10-2015)
The management quality is fantastic. I have been owning and holding this company for around 10 years now. What is interesting is the way they have been able to move away consistently from low margin, low ROE businesses. But one has to be vigilant in terms of the future. The scope for improving margins is more limited now. Their ability to grow profits at 25%+ for the next 5 years is not very certain, at least to me. The composite cylinder business area is an interesting one and may surprise on the upside. Otherwise, this is likely to to have muted growth for the next few years (10-12% revenue), before actual GDP growth kicks in. PE re-rating options are limited, in my opinion.
MOLD TEK PACKAGING—dividend plus growth (02-10-2015)
Not met yet, meeting got cancelled.
GRUH Finance – mini HDFC (02-10-2015)
yes Gurjot I have read it somewhere and then after reading that report I bought Gruh finance.
I definitely find out and share with you.