Another acquisition. This group seems to be on treadmill. On a lighter note I think Mr Arun Kr. should start a boutique investment firm or pvt. equity. 
As an investor I am not complaining yet.
Posts tagged Value Pickr
Strides_Arcolab (19-09-2015)
8k Miles Software Ltd, Cloud Computing (19-09-2015)
I was not comparing infy Tcs with 8K. I was just referring while infy hcl tech infy are available at reasonable valuation how 8K enjoys such lofty valuation as normally market gives sustained 65 PE to very high quality company like nestle HUL etc.
8k Miles Software Ltd, Cloud Computing (19-09-2015)
Another point to note is 8k miles has grown out of single product dependency which is Amazon cloud. Now they are also into Microsoft cloud. So we don’t have risk like RS Software.
Still wonder why these guys are not getting to Oracle cloud which is a huge market.
8k Miles Software Ltd, Cloud Computing (19-09-2015)
We cannot compare TCS / Infy with 8k miles as 8k miles is boutique / niche firm which focuses only on cloud related services. Companies are currently rapidly moving to cloud as it reduces risk as well as head counts for them. So it terms of growth, we cannot compare TCS like giants valuations (which has 100 of offerings and cloud is just one of them) with 8k miles as 8k miles offers only cloud products and services that can go through re-ratings with just few big client additions.
Agree with you on the margin of safety. Usually big firms will be hesitant to work with small IT firms as it will put them as risk. So they will go with companies like persistent, Infy etc. So whether 8k can get into a big league with considerable Fortune 1000/500 companies will determine whether it deserves rich valuations.
Disc: Have small tracking position. Wait and watch mode.
8k Miles Software Ltd, Cloud Computing (19-09-2015)
I doubt whether they can maintain same growth pace in future. Dotcom boom & burst showed that nothing can grow in such absurd pace for long. Before investing you must think of margin of safety. Is there any margin of safety in 8K today if you go wrong. beware of such script as it may be a suckers rally or an operator driven. In market never chase very high growth rate company at an very expensive valuation while its better knows peers like TCS infy are trading in modest PE as U will never know when the growth will stop.
Ranvir’s Portfolio (19-09-2015)
Hi fellow members……are there any lawyers on the forum…..need some advise on renting out commercial property…..if yes…plz give me ur contact number
THANKS
Success Patterns! (19-09-2015)
Donald
Please provide information on d) above. The Copeland Valuation book?
Thanks
Kumar
Ranvir’s Portfolio (19-09-2015)
@ Varun-POINT TAKEN
@satishrajan– The management in their latest concall clearly stated that the cash on books will
be used for acquisitions/inorganic growth. This to my view is a positive.
Radix Industries – The Bizarre Human Hair Business (19-09-2015)
I think one should check this post too
http://multibaggersindia.blogspot.com/2015/02/hairy-hairy-business-radix-industries.html
8k Miles Software Ltd, Cloud Computing (19-09-2015)
I want to write about 8k Miles Software
Market Cap 1500 Cr.
Debt 40 Cr.
PE 65, valuation is expensive,
Main Business
Providing Cloud Solutions to the Global Customers
Managing cloud applications for Global Customers with Global Partners like IBM,, Microsoft, CA Technologies etc.
Main Global Customers
MERCK, CISCO, Trimble, GSK, Adidas, Stanford University
Financials
Main Growth Factors
Companies are finding it easy to go for cloud , rather than investing in IT infrastrcuture.
For companies it is moving fixed cost in variable cost
Total Cloud market is expected to grow to US$ 282 billion ( Source Nasscom Gartner, 2015)
Explosion in Broadband and smart phone penetration with 3G and 4G services
How is 8k places
One of the early movers in the field
has global Customers
Experiences Promoters from the same field,
Disclaimer
I am not expert in the cloud field, so difficult for me to make a recommendation , however will request Value Pickr members to comment on this opportunity
Company has shown almost 10X growth in less than 5 years and still talk about the huge potential it has
Not invested , however planning to make small investment to start with