I just checked the CFO and Net Profit for last 5 years and as well since 2017. Its not really matching but seems like major culprit could be higher inventory in the last 2 years in addition to having negative payables.
Posts tagged Value Pickr
Focus Lighting & Fixtures Limited (SME) (27-08-2024)
he is Rishi Rajendra Shah … not Rishi Upendra shah
Cosmo Films – Diffentiated player in commodity business (27-08-2024)
Because bopp film price was correcting.
Suprajit Engineering (27-08-2024)
Please understand that the buybacks being done in the last few months is a way of giving dividends without having to pay 40%+ taxes. Its not a signaling tool of undervaluation.
Tasty Bites: A proxy play to India’s QSR industry (27-08-2024)
Not opening in phone browser. Try in chrome in computer, worked for me.
Investing Basics – Feel free to ask the most basic questions (27-08-2024)
agree. for hidden gems and multibaggar the numeric game in most cases might not fit. You need to know the business and as rightly said dig deep. I recently got negligible tracking pos in PTCIL on june 4 fiasco but sold off. Started tracking again. Was looking for thread and info on the forum which landed me here
Suprajit Engineering (27-08-2024)
So, the company has announced a buyback @₹750/share which is around ~50% higher than the CMP.
Well, isn’t it a poor decision on the part of the management? So, because promoters will be participating in the buyback, is it sensible to waste the accruals like this?
@₹750, the P/E comes to be around ₹60.
Warren Buffett says a company should buyback shares when it feels it is undervalued. Does P/E of 60 suggest undervaluation?
I always had respect for Mr. Ajith Rai, Chairman of Suprajit for being friendly to minority shareholders, but this decision is poor, i believe.
Long term bonds (27-08-2024)
Sure. Also RBI might not cut rates as aggressively as (if) the Fed does, given that our inflation is not that high and economy seems to be pretty strong presently. Wonder if dynamic bond funds have larger %age of LT holdings (chked couple but didn’t find so) and can better potential in this scenario.