Hi Anurag,
I am also going to attend AGM as I am tracking the company. You can reach me @ 9910950242. Let us talk before the AGM if possible.
Posts tagged Value Pickr
POKARNA LTD ( Stock opportunities ) (23-09-2015)
Hello all,
don’t know if this means much but was going through the Annual Report of Asian Granito India Ltd. and the following fact about their Engineered Stone division (Marble + Quartz, about INR 110 cr in Revenues in 2014-15) caught my eye:
“Cutting-edge technology: The Company uses the top-of-the-line Breton stone-cutting technology that helps retain the natural beauty of marble.”
Don’t think it means much cause it says marble and not quartz. Also, as per the wordings of the company they don’t export anything from this division and actually plan to increase imported products for sale in India. So I don’t think there is any competition for Pokarna’s quartz. But if anyone is aware of more details, please share.
Thanks
Sachit
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
Skipper’s AGM is today, if any VP member has attended the same then please share the details.
GRUH Finance – mini HDFC (23-09-2015)
Small banks can market the lending products of other institutions. So the threat is still valid i think.
Credit appraisal risk though has to be taken by the lending institution, but this will go some way to relive the constraint that bigger financial institutions had felt in reaching out to un-served customers.
Do watch this fantastic discussion involving Nandan Nilkeni & Vijay Sekhar (paytm) to get insights on the shape of things come in banking industry.
Kaveri Seeds – Temporary thread for clarifications (23-09-2015)
One should raise these queries in AGM which is on 29 Sep 15. Anyone planning to attend it in Hyderabad.Not sure that a govt organization can compete with a private player.Indian farmers take a long time to develop trust in a brand.
GRUH Finance – mini HDFC (23-09-2015)
RBI has not said anything about it. With SBI joining hands with Reliance, Airtel with kotak bank. Its only a EXPECTATION for the payment banks to turn full fledged in the future.
It may or may not happen.
Motherson sumi : Recent opportunity to buy (23-09-2015)
may be out of topic, but somehow I did not like Mr. Sehgal’s tone in the interview given to money control yesterday (link above). He is all the time taking defensive to the questions asked and was on the verge of losing balance. People are bound to ask questions as they do not know about the company as much as a CEO would, so he should have maintained cool and explained the situation in a better tone. Also, I did not like the over confidence in his voice in achieving 18 billion USD revenue targets. I prefer modest managements no matter how easy it is to achieve the targets and I’m ok even if I go wrong by not partnering with Mr. Sehgal. Anyway, I’m going out of topic.
GRUH Finance – mini HDFC (23-09-2015)
That is on the liabilities side.
On the asset side – they can keep their float in govt bonds. In short – they can lend to the govt (and nobody else).
Motherson sumi : Recent opportunity to buy (23-09-2015)
I think the correct question to ask oneself is –
- What will happen id VW probe spreads to Europe? Will I be comfortable if the VW pie is removed from the revenue. Does 250 a share justify that?
- Is the CAPEX going to help the business grow faster than average?
- What do you think of the management integrity and ability to run business?
I think a positive to all the above is a good reason to start building a position.
Disclosure: I am invested
GRUH Finance – mini HDFC (23-09-2015)
Absolutely, it is not that easy to get a lending license 
If payment banks get to lend as ell – it would be back door entry into NBFC segment !!
At the max, the current workings might allow payment banks to impact CASA levels of mainstream banks and that to limited to 1 lakh INR. They can only ease the payment process.