Over the last few days it feels as if the world will come to an end, courtesy the corona virus pandemic. Social distancing and home isolation is what we have been advised to strictly practise. And, for the right reasons. That said, home isolation is easier said than done, thanks…
Category: Opinion
(N)ow (B)etter & (F)itter (C)ompanies
I haven’t participated in the ‘financial’ roller coaster at all; initially because of my ignorance and later because anyone and everyone was owning some or the other financial stock and were wanting to add more to their holdings. And all of them (well, mostly) were making money. Every other private…
Telecommodification .. no respite
I would like to start this blog by referring to a post i had written way back in March 2016. Read it here: Telecommodity In that post, I had shared my thoughts on how 'brands' like Airtel and Idea would get commoditised, thanks to the grand entry made by the big…
Jiya Eco Products – Q4FY19 conference call highlights
Last week Jiya Eco Products Ltd declared their Q4FY19 results. We attended their conference call to get better clarity into the numbers. Hereunder are the notable highlights: Full year volume numbers indicate continuing traction in sales of processed agri waste (now contributes +50% to overall volumes), but some slowing of…
Business and valuations
Business owners/managements, more often than not, are intrigued and pensive about the valuations that their businesses get / deserve. Whether or not this is appropriate is a separate discussion (for my opinion on this subject, read this: https://consultantcapitaladvisor.com/2018/08/08/if-tesla-thinks-this-way-then/). Anyways, back to the topic under discussion. Business lifecycles have shortened, thanks…
Jiya Eco Products Ltd. – Q3FY19 conference call highlights
We attended the conference call hosted by Jiya Eco Products Ltd (JEPL), on 18h January, to discuss their Q3FY19 results. JEPL is the only listed Indian manufacturer of bio fuels i.e., briquettes and pellets, from agri waste. With a manufacturing capacity of ~120k tpa of briquettes and pellets each, the…
Rushil Decor – Management meet notes
We recently met with the management of Rushil Décor Ltd. (RDL) to understand the business better and its future prospects. While detailed notes are in the attached file Rushil Decor - Mgmt meet notes, hereunder is our takeaway from the meet: We like the home improvement space. It has all the…
Learnings… from periodic earnings
On Friday, the investment fraternity was rattled by the news of an untimely demise of the young MD of a listed company belonging to a reputed industrial house. The MD succumbed to a cardiac arrest that evening. While the social media circles got busy mourning the sudden demise, a tweet…
If Tesla thinks this way, then…
Amongst the most common advice given, by most investors, to managements of smaller (or sometimes even larger) listed companies is “Please don’t focus on the stock price movement. Your focus should be on the business and the capital market will automatically reward performance”. Nothing really wrong in that… I guess.…
BIG is beautiful…not necessarily
I recently bumped into Sean, an old friend of mine. Since we met after long, we decided to chat over a coffee and started discussing a variety of subjects, markets being one of them. He seemed to be deeply disturbed by the recent meltdown in mid/small cap stocks and had…