After Signode, is Waelzholz will be the next target for krishca?

The Waelzholz Group is the global market leader in high-quality cold rolled and heat-treated steel strips and profiles, used as primary products in the automobile industry, the energy sector, and in specialized industrial engineering applications. With over 185 years of experience, Waelzholz currently operates at nine sites in six countries, in Europe, North and South America, as well as Asia (China), and is the global leader in the development of innovative steel strip solutions. It currently has 2,300 employees worldwide and annually produced more than 780,000 metric tons of high-quality cold rolled steel strip and shaped wire at its locations in Europe, North and South America and Asia.

Another company, Theis Precision Steel India Pvt. Ltd. pioneered the specialty cold rolling of high / medium carbon steels in India. Today, it is a leading specialty cold rolled steel strips manufacturer in the country. It also is the only manufacturer of precision hot rolled solid steel profile sections. It is an associate company of Friedr. Gustav Theis Kaltwalzwerke Gmbh, Germany. The Cold Rolling Division, established in 1968, pioneered in India cold rolling of stainless steel and later focused on cold rolling of narrow width strips in mild, medium and high carbon and low alloy steels. The division produces in thickness range from 0.07mm to 3.2mm and a width range from 6mm to 460mm. It has a manufacturing capacity of 40,000M.T. per annum.The Profiles Division, established in 1997 has a manufacturing capacity of 6000M.T. of custom made solid profiles/sections in various grades of steel.
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Now, the Waelzholz Group has taken over the Friedr. Gustav Theis Kaltwalzwerke GmbH.

It looks like Krishca entered in the production of these value-added products.

In addition, Krishca is also going to set up a production line for cold rolled steel strips and related products.

Source: –
https://x.com/ias_summit/status/1826917170669912527

disclosure;- invested.

Regarding NMDC steel,

I heard from the management they are producing steel, they reached to break even position now. Any news regarding NMDC steel, which is not present in social media regarding privatization?

I have swing traded in this counter a couple of times but this time i have held onto the stock since 290 rs.I plan to hold the stock till the markets prices in the cash they are going to get .the lotus group selling may be due to reasons the promoter not rewarding shareholders but the recent pref issue has made it clrear of the promoters integrity who i think in may concall told the same that they would want to invest in the company in the near future.

I wont mind adding more if i get the prices i have gotten the share for.

I am of the opinion that, businesses like Asian Paints, Nestle, HUL are relatively simple businesses to understand, and Market gives them high valuations for slow but consistent Sales Growth, High ROCE.

Market mostly ignores their slow EPS growth as it like consistent players.

Probably Mr. Market looks for the following:

1. Have they faced tough competition in the past and Have they still survived and still growing ?

2. How is the Management Quality of these businesses ? Are there any wrong doings in the past or do they have good quality managements ?

3. Can they scale up further from here either organically or inorganically to maintain their slow and consistent Sales growth while maintaining ROCE above Cost of Capital ?

4. Can you recollect their Brands ? Will people buy their brands at least for next 10 Years ?

That does not means that Mr. Market completely ignores their current slow EPS growth but Mr. Market gives much higher weightage to their consistency.

There will be periods of No Returns for these stocks and There will be periods of more than 15% CAGR returns in Stock Price. It depends on various factors and investor’s buy price.

If an investor finds better opportunities else where at higher risk, and they are willing to take higher risk, they will not buy any of these stocks. These stocks are suitable for only few investors which prefer slow and steady businesses in their portfolio.

only concirn is cash breakeven in indonesia – they have piled up debt due top indonesia now