#amberenterprises Q2fy21 concall transcript

Q2 went well for Room AC industry,uptick retail demand, pent up demand
Overall electronic & consumer durables witnessed a good quarter
Inventory levels back to normal
Anticipate better H2fy21
#stock #StocksToWatch #Nifty #sensex

GOI banned import of refrigerant fill ACs, approx 30% of fully built RACs were imported mkt size 4000 crs , atmanirbhar bharat initiative,oppurtunity for domestic RAC players
Not easy for OEMs to import non-refrigerant fill ACs,unpack,gas fill test,negates cost advantage

#amberenterprises completed QIP 400 cr in Q2fy21, money used for debt repayment,capex,WC ,acquire additional 20% stake in Sidwal,company ready to grab mkt share in RAC
China plus 1 unfolding,global MNC enquiring about RAC & components
Amber started export of components to US

Launched wide offerings of commercial ACs
Strengthened portfolio in Sidwal for railway,metros,bus ACs
Revenue 408 cr in Q2fy21 vs 623 yoy
RAC 36% ,components & mobile apps 64% contribution to revenue
Ebidta Q2fy21 22 vs 39 cr yoy
Sidwal business to focus on metros & AC coaches

PICL widened portfolio from PSC to BLDC motors,in discussion to launch washing machine & higher voltage motor for commercial AC
IN JIN & EVER to focus on inverter ACs,post development of own inverter PCB board,expect to add more business in IN JIN & EVER

#amberenterprises

So I was thinking about yesterday, and what it's safe to talk about with respect to work. I'm gonna take *some* risk here, but ... essentially, I'm not a ROM hacker or an emudev. Those are hobbies. My specific talent is reverse engineering, which is a much more broad category.

Not all ROM hackers are reverse engineers. There are level editors, generic compression tools, script editors, hex editors, etc that can be used. Most emudevs are also not reverse engineers; instead they rely on documentation, test ROMs, and emulator source to make their emus.

In fact, that's how I made all my other higan cores. But my fan translations, and bsnes, that was reverse engineering. I have taken apart a good 30% of Bahamut Lagoon and completely replaced entire menu systems with my own code. When I started on the SNES, ...

The information was just *barely* past what the SNES developer manuals contained. I took us from opcode-accuracy to sub-cycle accuracy (clock edge accurate.) Every emulator since was based on bsnes: Super Nt, MiSTer, Mesen-S, etc. They all used my code and research.

But what got me noticed was reverse engineering the NEC uPD and contributing that code to Stephen Hawking's voice emulator. My hobbies, unfortunately, are just not profitable. Only Yuzu can earn money like that. What the head hunter wanted with me was reverse engineering mastery.

Defining The Massacres In North West Nigeria

[THREAD]

Since 2014, several communities in some of the states in the Northwest of Nigeria have witnessed aggravated plunder and killings. Nigerians and non-Nigerians have been massacred in unrestrained orgy within these locations.

From Kaduna to Sokoto, Katsina to Zamfara and Kebbi, it has been a cauldron of beastly killings.

In the run-up to the 2015 general elections, Zamfara state became the epicentre of the daily horror. The killings soon spread to Katsina state with some intensity.

Also across the state boundaries, Niger State in the North Central zone witnessed similar attacks.

By 2019, the savagery reached a crescendo with the erstwhile Governor of Zamfara, Abdulaziz Abubakar Yari confessing that he had lost control of the state. What started as rural banditry in which poor farmers lost their flock to rustlers soon attained a frightening scale.

KIKI NO GO FUCK? – EMBRACING THE HUMANITY OF CELEBRITIES

“Kiki no go fuck?” – This was the response of one tweeter user to another who showed surprise that the popular Twitter feminist watches porn after her account was spotted liking a porn video.

The question has since gone viral and has become popular catchphrase among twitter users. The surprise showed by the twitter user is not unconnected with the supernatural expectations people have of celebrities and other famous persons.

They are expected to live up to a code of conduct in which everyone is both judge and jury. It doesn’t matter if they are academically sound or not, they are expected to be knowledgeable in all things.

They are expected to speak in a particular way – polished. They are expected to dress perfectly – perfection to be determined by every other person. They are expected to be sensitive enough to understand the historical context of a word in 1748 that makes it offensive in 2020....

... so as not to come off racist.

Their marriages are expected to duplicate the PDA of Michelle and Barack Obama while outlasting the existence of Rome.

BUT THEY ARE HUMANS...

Traditions vary, but you'll be faced with about 2 ounches of a brown fluid.

A typical batch tastes like you'd imagine motor oil would.

If you're lucky, it will taste like espresso that's been left out overnight.

You take a drink, wait.

The longest 30 minutes of your life....

If it's your first time, you've read blogs and listened to some podcasts. But you're about to learn that you're not prepared.

If you'd gone under before, you may be more on edge than the newcomers.

You know *something* is about to hit, and don't know what.

You sit and wait...

"The fear of the thing is always greater than the thing itself," is true 99% of the time.

You dread asking for something, because you fear rejection. But the rejection is never that bad.

As you're sitting, waiting, wondering, you brace for the thing you fear.

Before experiencing ayahuasca, first-time users obsess over whether they will throw or take a crap.

Going in, that's what you're afraid of. "Will I shit my pants?"

You have NO IDEA how trivial such banal concerns are about to seem...

When you're hunched over a bucket, yes it hurts. Puking like the worst food poisoning you've have.

And you're so grateful.

Because you're back in your body.

You're alive.

You may have felt like you'd never return.

CHINA.🇨🇳

A 2019 document leaked from D&C Think, a think tank based in Beijing, reveals *A LOT* about the U.S. Governors that China considers to be *FRIENDLY* towards the Chinese Communist Party.

The Chinese source is below. It is *revealing.*

I received many DMs asking about my experience overseas. I wanted to share my time in Singapore, where we lived for 7 years. We moved there when my eldest was 6 months old. My second child was born in Singapore.

We were on an Employment Pass for many years before we made the decision to apply for Permanent Residency. About 4 years into our stay in Singapore, I received a letter from the government.

Letter was sent from a government unit. It was a personalised letter addressing my wife & children’s names. It talked about importance of people in Singapore’s nation building.

The letter also assigned me a relationship manager who gave me her contact details if I wanted to know about life in Singapore, assimilation & how I’d like to contribute to community or national development work

My colleagues said it was a cryptic way to encourage me to apply for PR. We were very comfortable in Singapore, it was home and we could see ourselves living there for a long time. We applied for PR.

@kgorilla5
@hmyaoi1
@ColeMoleson
@BasedMobster
1.OK so here is my response to the mess.
Here we have 2 things: the good ol calculation problem and Marxists having no idea what they are talking about when it comes to post-capitalism.
Lets address the latter first.

2.For some reason a lot of leftcoms/classical marxists/orthodox marxists believe that socialismand comunism are very decentralised.This comes from interpretation of shit said inThe German ideology(btw i very much dislike the book and think there is a reason it was never published

3.There marx says that comunism will be the freee asociation of producers. I do agree with this but i have always interpreted it as producers being free from the limitations of capital as a concept and not free as in anarchic decentralised way.
As i will show later decentralised

4.communism is not technologically possible and doesnt make much sense( you would need some kind of hive min d tech for pure peer to peer society). Untill that is the case we will have to connect to a server.

5. Now that we cleared up that we are not talking about a situation of separate "communities" producing for eachother( and thus leading to barter, common unit and markets) we need to define what we are talking about.
A post capitalist system will have to be

So let me put my narrative jerk hat on for a sec and talk about something I think might be the most commonplace way to fuck up the storytelling of your game. It's a tiny thing, it makes perfectly serviceable scenes kind of suck, and you see it ALL. THE. TIME.

(A thread.)

As an example, I'm going to use a bit from Cyberpunk 2077. Please don't think I'm trying to dunk on the game. I promise I'm not. You see this in games everywhere CONSTANTLY. I chose this simply because it's a loading screen, so I could very easily find it and capture it.

Okay, now, what we have here is a segment from a talk show. It kind of speaks for itself -- take a look:

If you have any kind of ear for this sort of thing, you can probably tell that it's... not very good. Doesn't flow very well, feels stilted and unnatural. You'd be forgiven for thinking it's badly written or badly acted. But it isn't! The content and performance are both fine.

This is a question of implementation. The problem is the pacing. Before I get into this, I should briefly explain how your typical dialogue system works. Essentially, somebody puts the recorded lines into a script file in the correct order, and then the system plays them.

Peak Oil > The Singularity - A thread
When trying to outline future challenges, a lot of attention is typically given to advanced technology, like blockchain, genetic engineering, wired brain, increased digitalization of the world, and AI, culminating in the Singularity.

While this kind of thinking is important, as our dreams reveal something about ourselves irrespective of the degree of realization, I think there are other possible challenges that may equally or more merit our attention.

The advancement of these technologies depends on our access to cheap energy resources, primarily fossil fuels, which with continued growth (not hindered by f.e. a pandemic) won’t be possible for much longer. I see no answer to Peak Oil.

Peak Oil isn’t the sexiest discourse – interactions of quantities of energy resources, economy, extraction techniques, disinformation – I prefer to get my hands less “dirty”, dealing with something more purely of the mind, but that doesn’t mean peak oil doesn’t merit attention.

What may face us, if Peak Oil thinkers like Michael Ruppert got it right, seems to be something between a chaotic collapse of the globalization and the emergence of political orders based less on fragile, global complexity, and more on geography and ecological limitation.

Whoever loves his wife, loves himself!

Very early in my marriage, I remember vividly my wife complained about her phone which was not working well anymore due to battery 'ish' and distaste; so she was stylishly demanding for a new phone.

Each time the phone ‘make’ a mess, she get sad and i always feel like getting her a new phone forthwith.
I was using Q10. She was using a Techno phone but to her; it's like I should have compassion on her and give her my phone. She didn't say it but her body language did.

So I decided to surprise her with a Q10 on her birthday.
She was so glad. She threw herself on me and I felt relieved because she was happy to the 'extreme'.
I said to myself, at last I will have a rest of mind. But Little did I know that the phone will barely be for a while.

The phone was stolen the following day.
She almost fell sick, she locked herself up.
I was not happy also. It was surprising. I had to squeezed myself; denied some of my personal needs budgeted to get that phone.

That Night, I gave her my own Q10.
I searched my wardrobe for my long abandoned small Nokia Touch light tied with rubber-band as I decided to manage that till I will get another good phone.

I just re-read Bernoulli’s 1738 paper “Exposition of a New Theory on the Measurement of Risk” which is the foundational paper of Expected Utility Theory.

It’s Amazing

It’s so wildly different than EUT that its hard to believe this was its beginning.

Let’s see if you agree.

The paper isn't about utility. It’s about expected value.

Bernoulli used the utility concept to get the reader to abandon the traditional view of expected value(arithmetic average), and then used it to derive the equation for valuing risk.

The final equation doesn’t use utility

He starts out the paper identifying that tradition evaluation of risk come from expected values, which are calculated with the arithmetic average.

Notice the rule here in italics is about expected values.

Then points out that this average ignores anything about the specific financial circumstances of the participant. It’s not a risk aversion point, but that a poor person values money differently than a rich person.

Therefore the rule for determining expected values must not be correct. An item is valued by its usefulness (utility) therefore the expected value must also reflect the usefulness it yields.

This was originally Latin, so not sure of the translation, but I love the word yields.

feel like adhd is becoming really visible recently which is good! but i’m not seeing any talk of the actual really difficult aspects of having it other than like hehe can’t focus on anything (which is the fucking bane of our lives but it’s the most well-known aspect of it)

emotional dysregulation is one of the worst most destructive symptoms for me to the point it was taking over my life so much i thought i had bipolar/bpd. it’s not just getting sad or having mood swings - for me it’s anger, anger that feels as if it’s eating me from the inside out

hyperfixation sounds cute but when your brain has decided it wants to put you in a state of perpetual inability to engage in your responsibilities it’s no fun at all nor does it constitute a “superpower” that helps me get whatever i’m fixated on done. it’s more like days spent

in bed unable to drag yourself away from youtube videos about tsunamis when you have an assignment due in 2 days and mouldy cups festering on your bedside table. it’s snapping at your partner because they’re trying to stop you hyperfocusing on an argument you’re having with some

random online because your brain won’t let you leave that state (this ties in with the emotional dysregulation part massively too). it’s not being able to stop reading the fanfiction you wrote when you were 14 bc you hoarded it all and your brain decided one day it’d be funny to

'Twas the night before Christmas, when all through the region
Not a creature was stirring, but Iran’s foreign legion;

The rockets they placed in the Mideast with care,
In hopes that the Quds Force
soon would be there;

The weapons were nestled
all snug in their places,
While visions of war
put grins on their faces;

In Syria the bombs burst
with a terrible clap,
While the U.N. settles in
for a long winter's nap.

The war grinds on,
Russia spreads more confusion.
More S400 sales are a foregone conclusion.

Trump from the White House tweeting “Syria withdrawal!”
America’s footprint grows increasingly small.

What Biden does next,
nobody knows.
But the fear is a deal that empowers these foes.

Then who to my wondering eyes should appear,
But Esmail Ghani
from the Republic of Fear.

It used to be Qassem,
so lively and quick.
But American drones made quick work of that prick.

Now it’s on Ghani
to continue the game.
In some ways he’s different,
but he’s more of the same.

Needs do not matter. History is full of thinkers falling into the trap of referring to needs as were they something real and distinct. But by referring to what people "need," you're really using rhetoric without substance. You are creating the illusion that your claims are

objective, whereas they are not. To put it differently, it sounds smart but isn't. Economists recognized this fact in the early 1870s, which caused a revolution in the study of economics. Until then, they had, like everybody else, been trapped by thinking of people's needs in the

objective meaning that the term seems to imply. But there is nothing objective about it, and even if there were--it would still be irrelevant. So referring to "need" in your argument is akin to the trade of stage magicians: what you're doing looks impressive, but it's not. When

we think of a need, we think of something fundamental, basic, and necessary--without it, we could not survive. So our "needs" include food, shelter, and clothing, all those "life's necessities" without which we could not go on. A want, in contrast, is ephemeral, volatile,

unnecessary (in the strict sense), and could be (often is?) based only in the whims of whoever expresses it. But there are two fundamental problems with using the seemingly much more important concept of "need" when trying to explain or understand the world. Because it is, in a