@moneyworks4u_fa
There would be steady FCFE from the dealership which can be used for family expenses, saving, investing. In 2 decades his volumes and PAT must have gone up many x. And if he wanted to exit it locally he could get a 15-20 PE exit. It might not be valued at 55 cr but steady CF
Men are happiest when they are building something meaningful.
Their physique, their finances, their legacy.
Men who don't work on anything meaningful will always be depressed.
Ujjivan SFB has released a very detailed presentation on their strategy going forward. Let us discuss it in detail in this thread
Disclosure-I am invested in the industry & yet will try to be brutally critical and unbiasedly supportive where it is needed. Make of it what you will
@contrarianEPS
That's what. It is an easy DIY. Shared the guide here.
Even shared the ranking for free here as long as I can.
And then there is screener, askkuber, tikr, value research which can rank all the stocks by 1yr % change.
Want to study a stock's price history? Use this sheet
Includes:
1. Absolute and CAGR return.
2. All-time high, 52 weeks high/low & % change from them.
3. Monthly, 1/3/5/7/10 year rolling returns
4. Drawdown % and days
Copy to your google drive before use
Poonawala's unofficial PR team allegedly caught, paying to promote the company on SM.
Very bad if true. If anyone else has gotten such offers please come out, anonymously if you wish.
@SEBI_India
will obviously not level the playing field for the small guy but will introduce needless 2FA, biometric, TOTP login requirements. While 10000s of crores scams happen under their noses (NSE, Karvy).
Shame on you SEBI.
If you are discussing inflation, rate hikes, QT, liquidity drying, FII selling, DDs, currency pairs, etc you are suffering from recency bias.
If such things worry/bother you, investing is not for you.
Unpopular opinion, both FA, TA have similar success rates, i.e, less than 1% (better than options perhaps.)
What people ignore is TA has a quick feedback loop, in FA you can spend a decade in delusion.
Does technical analysis work? Lakhs of retail traders think that it works and lose money. It is deceptively simple. You don't need to spend hours pouring over balance sheets or understanding DCF. Just open a chart, draw a trend line and bet crores of rupees. There are always
@Kuntalhshah
@IndEmbMoscow
I have created a live watchlist of companies from this presentation by Kuntal Ji. It will be great to visit this again in 3,5,7,10 years' timeframe. I have added a few names highlighted in yellow which I just couldn't resist, you are free to remove them.
@suru27
MCX started sharing transcripts of all their investor meets this quarter. Some are 60+ pg documents. Some are repetitive but a very good explainer of where the business is. Someone in your thread said IEX has more growth levers. Disagree. Have a read if you haven't already.
The nuclear revolution is starting, soon you will see nuclear taking over industrial and district heating. Nuclear is the only path to decarbonize majority of our civilization in a cost effective manner.
Dow Chemical will use small nuclear reactors to hit emission reduction goals.
Dow's pursuing nuclear energy because power produced with green hydrogen is cost prohibitive & renewable power can't provide the reliability necessary for manufacturing.
I have been saying for the past 2 years, ethanol is the most stupid decision, a short sighted govt. Could take. We are transforming slow replenishing water for paper money in farmer's pockets.
Might as well give them the money directly if you can print it.
Reading: India is moving towards a water crisis.
Our recent policy shifts (Ethanol, chemicals, semi-conductor) are all water guzzlers, while our water table is getting depleted.
Water treatment & desalination is a necessity, but not a solution.
#investing
@ashwinidamani
@aveekmitra
This is a work in progress. Have not had the time to update the KMPs and BoD watchlist. But it is something I have been working on.
Corporate Governance Misadventure Database -
Brilliant idea from the Taiwanese government - they used lotteries to get shoppers to stop firms avoiding tax.
In the first year the scheme was introduced, tax receipts went up 75%
In Actionable Gamification
Going by the delayed marriage age trend closing in on geriatric pregnancy agr (35) and rising individualism, a Pan - India IVF clinic, egg freezing services chain, and finally pet related value chain will boom.
Western business model trends will come to India faster and faster.
this theme has got extended. it will not deliver good returns while the company will deliver performance. remember Wipro & Infosys?
they grew, maintained high roce and good governance… buy lagged index.. for 2 decades.
Where is the under penetration in Life Insurance in India? We are neck to neck with China, US, Australia and close to Asian Average.
Sridhar Sivaram of Enam has also pointed the same. Industry growth going forward will be similar to GDP growth.
Privates taking over market
Normally I don't call people out for their mistakes. But when you openly share your opinions as an agent of an advisory firm you have to be more careful. This is the 2nd time I have noticed. Very bad quality of research. Should not share uninformed opinions in public.
This sums up the huge tailwind Copper will have for the next 2 decades. Look for the upstream and downstream players in the copper value chain to find future winners for your portfolio.
Copper: Driving the Green Energy Revolution via
@Visualcap
How to kill a business?
Hint: Balance Sheet & Cash Flow Sustainability
Never Forget: B/S strength can help a company survive a temporary downturn in business.
How vulture capitalists ate Toys 'R' Us
The giraffe is the big popular investor everyone follows into the investment without knowing that his risk tolerance and survival could be higher than yours.
Only problem is, Indian OEMs, manufacturers, industrialists, businessmen are better lobbyists than competitors. Instead of competing with a better product they will lobby it out. They are doing the same with GST reduction for hybrids.
Unpopular opinion : I am more interested in BYD establishing themselves in India rather than Tesla.
Tesla, it they launch in India, will only be a car for the 1% of the 1% of us. It will hardly make a difference in the grand scheme of things.
However if we dream of mass
Just read in the newspapers today that a Ciaz jumped the divider in the Yamuna expressway and crashed into a Safari. The driver probably snoozed. All occupants of Maruti are dead on the spot. All Tata occupants were injured but safe. Beware of unsafe cars in the name of VFM.
I have always kept the opinion that knowledge should be shared freely. You may not agree with me and that is fine. That is why I have shared what I learnt from
@Prashanth_Krish
freely on my website. On how to build a DIY momentum strat, where to find rankings. We need to pass our
You must have seen that I regularly make fun of
#Buffettians
. Here you will know why. This Oracle has been invited there as a speaker. I bet he will figure out a way to monetise this in the future. But here is more.
If cryptos are such a great opportunity as advertised by the new age unregulated exchanges. Why don't they just buy them all themselves. Why looking for bakras?
Bill Gates and his cabal are also working hard to demonize your whole natural nutritious food by labeling them as one of the causes of global warming. The virus has already spread across Europe. They will replace this food with their factory manufactured alternative and control
Shashi Iyengar | Accredited Metabolic Health Coach
1st they demonized Ghee, Butter & Coconut oil. Asked you to use sunflower, safflower, Rice brand & other junk oils incl canola oil
Next they are sending in Trojan horses in form of Vegans who speak against dairy to our gullible population.
They are sending in Ultraprocessed
When you allow refugees, immigration and give them citizenship you import their politics, religion, and beliefs. You dilute your own culture, way of life, and policies. Your politicians eventually work for their votes. Be like the gulf countries, don't open your borders for
JUST IN: The United States Capitol has been taken over inside and outside by pro-Palestine protesters as Rep. Rashida Tlaib spoke with a crowd nearby.
Are we only allowed to call people like this insurrections when they are Donald Trump supporters?
Police are now making
If you crush a cockroach you are a hero, if you crush a butterfly you are a villain. Do not be fooled by this world, society's morals have an aesthetic criterion.
It's tough to earn 26 % CAGR.
But is it impossible?
Facts suggest no.
Returns since inception:
1. Nippon India Small Cap fund: 25 %
2. Motilal Nasdaq 100 ETF: 25 %
3. SBI tax advantage fund series 3: 24%
4. Tata india digital fund: 25%
Play wealth games, not status games.
Total waste of resources. These will never repay the carbon debt embedded during manufacturing, they produce garbage power during operation which increases grid instability and power costs, too costly to recycle, and end of life will leach toxic chemicals in landfills.
India's solar capacity has increased 27 folds in just a decade from 2.32 GW to 63 GW!
No other country has grown this fast
In fact, India will soon have 6 of the 10 largest solar Parks in the world
India has a natural advantage with about 5000 Trillion kWh of Solar energy
If you watch only one thing today, watch this. People could spend a lifetime introspecting and still not arrive at these insights.
Nassim Nicholas Taleb speaks on "How India Can Achieve Anti-fragile Grow... via
@YouTube
An unchallenged life is not worth living.
It is through trials and tribulations that great men are forged.
One way to guarantee a miserable life for your children is to remove all their hardships.
A gym is one place where you will find the most non-judgemental group of people, working alone and together, ready to help each other progress. Everyone there remembers the demons they are fighting and they will respect you if you consistently show up to fight yours.
I am from Himachal. I am saying this:
1. We don't need tourists. On the name of tourists we have Unmarried Couples or Druggists.
2. We need to protect our heritage.
3. You want to uplift people, impart skills other than opening a hotel on loan in an unsafe location.
4. Make a
PLEASE RT!
I am disabled and I got married at the Registrars Office at Khar Mumbai on 16/10/23. The office was on the 2nd floor WITHOUT a lift. They wouldn’t come downstairs for the signatures and I had to be carried up two flights of stairs to get married.
UNPREDICTABILITY:
Why China and not India?
International Business: Why didn't American companies choose India instead of China for manufacturing products?
- Haosen Cai, Engineer
I’ve come across similar questions from time to time on this very topic and I don’t recall anyone
@ThePsychooPath
@unseenvalue
I have created these sector wise company comparison sheets with over 50+ metrics. Hope they will be useful to you.
Have the same for customized sector such as insurance, financial services but those are proprietary.
Vande Bharat Express is India's first world-class, semi-high, engine-less train completely conceptualized, designed, developed, manufactured, & tested in India!
Came across some cool facts about the train and the person behind it
A thread on the same –
Do RT for wider reach :)
@contrarianEPS
To build the strategy you just need to decide between,
1. 3/6/9/12m lookback period or a mix
2. Volatility adjustable using sharpe/sortino
3. Rebalance frequency weekly/monthly/quarterly.
4. Other filters like daily turnover, % from ATH etc.
5. Stock universe 50/100/200/500/all
NBFCs are a minefield, one has to be thorough before taking every step.
Ex. Indostar tables a resolution in an upcoming EGM to provide a small loan to the related party of their CEO. When questions raised by shareholders the resolution is disabled.
Says alot about mgmt quality.
The decline of human civilization has started. War against natural animal protein/fat (they will come for your paneer, ghee next, vegetarians) will deteriorate the strength of humans. Corporatisation of food and pandering to minorities (ex. crazy vegans) will make us weak.
Most of the horses in India are dressed up to look good. You will never know what cancer is festering inside. Even the jockeys have made side bets against you to fail and keep the winnings. The playing field is much more evolved here.
A Wonderful business at High Valuation
OR
A Normal business at low valuation...
Will you buy HDFC Bank at P/BV of over 4.2 or YES Bank at 0.80 P/BV ? (just an example)
which one makes better investment sense ?
Read what Combs has to say......
None of the lending Fintech's financials are available in public domain. I just found for Lendingkart
For Q2FY22
The revenue was Rs 125 Cr
Credit Loss was Rs 217 Cr (70% more than revenue)
Loss was Rs 132 Cr which was more than the Quarter's revenue.
Their loan book is Rs 1860Cr
Saurabh, more than 90% exits are normal in momentum portfolio. Even for the ones where stocks hit LC, one is not giving up gains and not invested capital. At highs one was getting 300+% return and by the exit the return is lower. In rare cases it goes -ve.
Momentum investors : You will get time to buy, you won't get time to sell. Plan your sell criteria before entry else it could deadly
If you ve got emotions while selling n you r doing momentum investing..
Double deadly
Some counters will leave poor memories..