Nobody trusts their guidance. They gave good guidance for fy24 also and it was a horrible one
Posts tagged Value Pickr
Curious Case of Coal India (23-08-2024)
The material impact of the Supreme Court’s verdict on CIL could be substantial, affecting its financial health, operational efficiency, strategic decisions, and stakeholder interests. CIL would need to implement a robust strategy to manage these implications.
Indigrid InvIT: High yield on stable and predictable revenues (23-08-2024)
I see the below as current holding details.
Do we know the reason for selling by the sponsor?
Disclosure: minor exposure
HIL – Eco (onomic) friendly way to play rural prosperity in India (23-08-2024)
Nothing wrong with a CEOs taking very high salaries and they deserve them when their companies are performing well. But CEOs of high ethics and integrity, put their skin in the game by taking a hit on their compensation when company is struggling.
A CEO continuing to draw high salary during bad times is akin to telling the investors that CEO is not accountable and board either is not doing its job or it’s too weak against promoter and CEO nexus.
Also higher salaries to CEO doesn’t mean that a company could not be diverting funds through other means. It’s not binary. If you need proof, look at Enron.
Senthil’s Portfolio (23-08-2024)
I have built up new positions into Lulu, Ulta and STLA in US Market. The first two companies are still growing and looks cheap compared to their historical pricing. And it looks like an industry wide correction not major problems around the companies.
As for the Indian market, I am trying to slowly form an investing process for me. What worked for me greatly in the US market is finding good companies at cheap valuations and building a sizable portfolio (concentrated). But I have always held more than 15 stocks in Indian portfolio at any point in time. Some of my new entries are already being appreciated (likes of shriram properties, muthoot microfin, etc.,), for these companies I didn’t rely much on analyst reports or other super investors interest. I just found them on screeners and ran a few checks, applied some common sense and assumptions about their growth potential and entered. I still could be wrong in the long term but so far that’s what worked for me. I am confident that atleast 6 out of 10 companies will get nice appreciation in the long term. I also should not look out for immediate exit after a good run up. I still should analyse if the cmp is priced in for the next three years growth, if there’s still growth I should hold on. That’s what I do with my US winners, I trim but I don’t exit out completely if there’s still growth.
BCL Industries – Ethanol Pick (Capacity 3.5x in Next 2 Yrs) (23-08-2024)
Have you looked into thier Balance sheet and Cash flow stmt? Thier CFO is low, particularly, many years have negative Account Payables!
Orchid Pharma Ltd (23-08-2024)
Interview with Manish Dhanuka, Managing Director, Orchid Pharma
(https://www.youtube.com/watch?v=YAfWS0bMJow)
Piccadily Agro Industries Ltd (23-08-2024)
Yes i felt the same. The interview panel could not ask one direct question, “what overall revenues do you expect in FY25?”
BTW does anyone know how much of FY24 revenue was single malt revenue out of Rs 779crs?
Piccadily Agro Industries Ltd (23-08-2024)
They haven’t been able to penetrate the south Indian market yet. South Indians are generally brandy and rum drinkers. If they manage to capture a part of south Indian market with Camikara it will give a considerable boost to overall revenue. Tamilians generally prefer brandy and Keralites are mostly rum drinkers. Many premium Indian brands including Indri are not available in Kerala. Keralites who are into single malt buy Indri from duty free when they travel abroad. Market penetration is a big issue in states where the market is controlled by state govt owned beverage marketing corporations.
DDev Plastiks Industries – A Smallcap Gem (23-08-2024)
Promoter has purchased. SH now stands at 74.99%.
