Yes you are correct,company following leas based model, which is quite strategic approach.
Posts tagged Value Pickr
How to calculate Intrinsic using DCF with EPS method (23-09-2015)
At a high level, you are going to take all the future cash flows and not EPS as it can be misleading.
Project 5-10 years of cash flow and a terminal value for the rest of the company’s lifetime. Discount the total for cost of capital.
If you want to learn, suggest you read Aswath Damodaran, best in business on DCF. Also read the DCF caveats from Legg Mason, Bruce Greenwald etc.
If my answer is too high level and you want a specific example, visit a site like Dr.Vijay Malik.
I am just avoiding the detailed answer here as the quality of some of these articles are far superior to what I can write as a response here.
Cheers.
Talwalkars Better value Fitness Ltd – Good fundamentals (23-09-2015)
I used to be a shareholder of the company. When I buy small and mid caps I build a historical model. So all that data is sourced from the historical annual reports and presentations of the company available on the website
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
Hi Sodhi,
How Value Chain Control can result into Asset Light Approach? The understanding which I have of Asset Light Model is that Company’s take lease approach for its business for several years and don’t undergo any Capex. Ex. Indigo in Aviation, Byke in Hospitality etc.
Please correct if my understanding is wrong.
Need serious Help with my portfolio should I stay Invested or pull out (23-09-2015)
@catchsudipto @ravimba31 Thank you for your valuable feedback, yes agree sticking to purchase price and not thinking long term could be detrimental to my PF allocation, I know my allocations has been very bad I need to do lot of due diligence before investing too diversified portfolio without much concentration would not give me any solid returns.
@gurjota Thank you for your kind analysis of my PF, I think KSCL and GMDC might make rebound but need to have lot of patience and preservance
@madhug I have one up on wall street and going through some of the chapters right now but as you suggested I will try to go through the books mentioned by you, I need to keep my emotions and impulses under control while investing.
Skipper Ltd., distributing Power and Water, Is it a moat in making? (23-09-2015)
asset light = min wcap req on per rupee of sales, as of FY:!4-15, non cash non debt wcap/sales comes to be 0.17, which is why we have high roce,roic.
Kaveri Seeds – Temporary thread for clarifications (23-09-2015)
Competition from Indian BT varieties may mean bulk of profits of companies like Kaveri, nuziveedu will evaporate.
Sintex – Improving Sales & Profitability (23-09-2015)
@basumallick this is not the first time nor will it be the last time. Awarding EPC contracts to its own sister company, buying private jet disguised as a commercial airliner, selling a going concern for debentures to its own sister concern (what happens to the counterparty risk in this case of such a small company).
I do agree that it’s built into the price – that’s what I think each time and each time the management pulls a new trick out of their bag to further de-rate the stock. As buffet said, there’s never one single cockroach in the kitchen.
I am invested but suffice to say I am cognizant of these risks. As marlon brando said, “he could have been a contender”. Sintex could easily be a 20 % ROCE biz with 20 % EPS growth and trade at at least 12-14 x but no institutional investor will get confidence with things like these.
I intend to hold on and give it time though.
How to find if Tax is paid by company properly or not (23-09-2015)
yes they are. Used them in the early part of my career so have some idea 
How to find if Tax is paid by company properly or not (23-09-2015)
@karu_lamborghi_ I guess these are paid softwares 
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