Gambling/Casino industry because of the GST demand notices.
Posts tagged Value Pickr
Mukka Proteins-Newly listed company worth studying (06-06-2024)
Few more points:
-
In India, the peak season for fishing is August-December and the slack season is January-May. Fishing is not allowed in Indian waters during June-July, as it is the monsoon season. Fish meal and fish oil production follows the same season as fishing. The output is stocked to cater to the demand of domestic and exports market.
-
Industry is dependent on fish landings in marine ecosystem (salt-water) and if there is any natural phenomenon (like typhoons) causing less fish landing then the industry struggles. There doesn’t seem to be any pricing power in case of supply shortage as the customers are businesses who sell to low-income aquaculture farmers
-
It is vital to note that, unavailability of raw materials i.e, fish species required to produce fish meal and fish oil acts as the major constraints in the fish meal and fish oil industry rather the production capacities available. Company is operating at ~10% capacity currently due to lower fish landings compared to 5 years back.
-
Company has lost a lot of market share in both exports (50-60% to 9%) and domestic market as well (50% to 30%). Major concern on sales here
-
Due to all these reasons, the company has opted to enter into insect protein as an alternative to fish meal. But the scale is low (~1% sales), company just has a 1 year tender with 1 municipal authority to farm BSFs on their waste dump. No idea if this get renewed. Could be a game-changer but this it would be speculation at this stage as there’s no visibility on winning more tenders
-
Customer concentration risk: Top 2 (two) customers as on September 30, 2023 are associated with us for over 5 (five) years and contributes 42.17% of our revenue from operations
-
According to WPI data, marine fish prices keep increasing since Jan 24 which will adversely impact them.
I might be looking to change my end even on my smallish investment
Hindustan Aeronautics (HAL)- India’s Largest Defense Company (06-06-2024)
Agree, this LMV3 capacity expansion may not add significantly to its kitty.
But I see it as positive for a PSU company which is trendy And forward looking.
overall Order book goes on increasing and execution quality not bad for a PSU.
When I entered the stock @Rs 1200 a piece in 2022, I had a lot of hesitation, But after having entered the stock and after a little bit of research on Atma Nirbhar Bharat , i was excited to put more money in to it during its journey from 1200 to 1800… it went up to Rs 3800…and then there was a split 1:2 to bring it’s price back to 1900 and now the journey up to Rs 4700 ex split
I am proud to own this stock since then…no looking back as long as the order book , execution quality , and margins remain healthy.
Being a PSU stock, i keep getting good dividends irrespective of bear or bull market…
Agarwal Industrial Corporation Ltd – Profitable Microcap with high growth potential in infrastructure space (06-06-2024)
Can you post a gist?
Manappuram Finance (06-06-2024)
Overall quantity bought is 3,50,000 shares (worth approx. Rs. 6 Crores) which seems (for me as an individual) to be a peanuts considering the worth of Mr. Nandakumar.
Consider it from a point, a promoter earning handsome salary from listed company, earning approx. 75 Crores in dividend per year but reinvest just a fraction in his own company (where his family own 35%).
Reason → Either he don’t think, company is under-valued; or he is finding better opportunities to reinvest his earnings; or he is leveraged where most of the earnings are used to service personal debt.
Last time Mr. Nandakumar bought from Market in September 2022.
Note: I reinvest entire dividend back in Manappuram.
Buying the pessimism: Trying to catch the bottom (06-06-2024)
Any sector/ industry that someone can find with lots of pessimism ? Seems like everything is going up in last few months
Manappuram Finance (06-06-2024)
Munger at it’s best … no doubt projections are always at risk of going wrong.
I was going through the concall of Muthoot … where management guided 15% growth but delivered 20%, whereas Manappuram guided 20% and delivered approx. 19%.
No wonder, Muthoot command double the premium vs Manappuram.
Shivalik Bimetal Controls Ltd (SBCL) (06-06-2024)
Was it open market or block deal? I think FIIs bought and some of the names in public holding. how can we see that data?
Hindustan Aeronautics (HAL)- India’s Largest Defense Company (06-06-2024)
will not move the needle for the company in terms of revenue or profit. Its a sub 2000 crore order book overall, I think.
Impact on HAL will be interms of whether stated defence orders come through and its engine JV and orders get completed. Only thing that is to be monitored.
Discl: No change in Holdings.