SEBI registered Research Analyst, value investor/Educator. Freelance columnist for MintGenie (Livemint, Hindustan Times),Guest appearance on ETNow/ETNow Swadesh
I presented on Education sector and the company business analysis of S Chand and Co in the @alphaideas 20-20 Summit in Mumbai Presentation: Please read the disclaimer and do not consider this as any Buy/Sell/Hold recommendations. Disc.: Holding
Every point is GOLD. Point 11, wow. Most go for earning and miss assets part. It has to be seen along with debt levels. eg infra cos may not throw FCF but they build huge assets and become valuable if debt is in control. Superb stuff. Thanks @NeerajMarathe for sharing
Disc.: No reco. Be humble and don't mock people or cos, it may haunt you, badly. #ITC
UK PM resigned in 6 wks. Chandrashekar Govt resigned in ~17 wks. India faced a default of Payment crisis in 1991 when Chandrasekhar was the PM and had to pledge 46.9Tn gold with the UK & Japan to avoid crises. UK in almost a similar or worse situation. Let's see the outcome. 👀
TCS Net profit 4X in 10yrs ie 14.8% CAGR. Stock price from 650 to now 3124 ie 5X in 10 years. CAGR of 17%+dividends (1-2% dividend yield). No recos.
Hotels are doing exceptionally well. Big fat Indian weddings are back also. Here is small excerpt from the interview. Raffles on the Palm Jumeirah has 390 bedrooms. It’s an opulent palace-type hotel, where so many things in the room right down to the teapot, are made of gold.
Terrible state of affairs in Pakistan. Its central bank raised rates by 525 basis points so far this year to tame inflation at 27.3%. GDP growth is estimated to halve from 5% in the fiscal year. Read more at: via @TOIWorld
In my recent visit to Ratlam, I also visited Delhi–Mumbai Expway passing thru Ratlam. Progress of 8 lane eway was just amazing. Locals have not seen anything like this ever with such speed. Entire project to be ready by next year. It is under PM Gati Shakti National Master Plan.
& inflation dies reading this 👏
My ex boss of Crisil who is now our subscriber asked me today Does Aurum look at credit rating of the company under coverage? It provides a great additional insight. All your other reco are AA cat rating so prima facie good fundamentals My reply:
Who is gaming here, Restaurant or Swiggy and Zomato to show more restaurants on the platform?
Interview of Vineet Nayar, Former vice-chairman and CEO of HCL. He is also a part of the national focus group (of National Curriculum Framework revision) on technology in education. #NEP2020thread #NCFthread
Oct. 2nd 2019 The Arc Vector was one of the flashiest, wildest and most expensive electric motorcycles of the year. But now it is set to become none of those things as the company files for bankruptcy.
August 11, 2021 One of the first scooter-sharing companies in the USA from San Francisco, Skip Transport Inc., filed for bankruptcy last week. This means that the company will have to sell all of its assets to pay off the debts.
Jun 13, 2022 EV maker Electric Last Mile Solutions files for bankruptcy The move comes after the Troy, Michigan-based company disclosed a probe by the U.S. Securities and Exchange Commission and withdrew all its previously issued business outlook in Mar.
June 15, 2022 Electric Last Mile Solutions Inc. filed for Chapter 7 bankruptcy in Delaware, making it the first of the electric-vehicle startups that merged with special purpose acquisition companies to go out of business amid the recent market slump.
Remember my boss in CRISIL sharing this. RJ visited CRISIL in mid 90s. he had a good position. He shared his vision, his expectations abt price. None believed. He came bk after 5yrs & what he said was achieved. No one questioned again & stk delivered again. #Rakeshjhunjhunwala
Education and Health have the highest inflation for years, irrespective of the govt.
2) By @EASundaram at @CFASocietyIndia forum moderated by @NimishaPandit It was on 4th Dec 2020 (uploaded in Mar 21 on YouTube). In this PPT from 41m 44 sec onwards he covered ITC. Superb insight esp abt ESG Disc.: No recommendations