zomato reports larger loss than previous quarter

analyst prepping for concall: sir, what is the reason for the loss with rebound in sales and expected operating leverage.

zomato: sorry we don’t hold concall

when a stock you own becomes expensive, you rationalize holding on by calling it a compounder. base rate says v v few stocks are real compounders , rest are just pigs with lipstick.

earning growth -skill
re rating - luck

those who don’t believe this, haven’t been in the market long enough to understand this.

@Bapu__Mishra hardly. 30-40 stocks is fine

think different

src: intelligent investor

Charles Kindleberger: “There is nothing as disturbing to one’s well-being and judgment as to see a friend get rich”

#PayTmIPO – Long Thread:
There is a new game in town. The rules are “well laid out” by VCs – Report just 3 yr financials, blame flat sales since 2019 on covid, pick consultants to project fancy story, price IPO at 45 times sales, create scarcity of “limited offer” of 12% shares”

12% stake sale ~matches the “principal investment” by VCs. Oh, by the way, get some tranches of funding just before IPO that values your company closer to issue price. It’s like you buying your own house again for 2x price. May not work for you but somehow seems to work for VCs.

Now rope in mutual funds with 75% of this scarce offering (SIP money will go somewhere after all) & leave retail scrambling for 2.5% stake of a brand that is now a “household name”. Get brokerage firms & YouTube advisors to keep pumping story with same broken records from DRHP.

Vola ! You have launched a successful IPO. With principle off the table, you still have 88% ownership to be gradually transferred overtime to domestic mutual funds, riding on retail (other peoples) money.
They say “a fool & his money will always be parted”.

Everyone rewards excellence & those are rare. Internet is about winner takes all, where one or 2 players dominate the entire industry.
But who rewards mediocrity? Well, enter #PaytmIPO. If Infosys & TCS were a bet on excellence, Paytm is a bet on mediocrity. We’ll see how.

So, Info Edge posted an EPS of INR 568 this quarter compared to INR 11.77 last quarter.
They have recognised an exceptional gain of 7,240 cr. this quarter on listing of their investment in #Zomato.

This is a very weird market. Some of the recent IPOs doing well. Old gen stocks not so much. This doesn't augur that well really - needs a trigger to take it back up

One look at the FII data, and god, they are selling like crazy, you would think. But THEY ARE NOT.

FPI data from NSDL (This is the accurate source, not the exchanges) shows that FIIs have put in a whopping 27,000 cr. into IPOs, while taking money out of other stocks.

In fact FII investments in total have been very very high in 2021 with over 95,000 cr. invested. Biggest year for Debt since 2017.

Here's a look at how the Foreign Investors have been investing:

I will never invest in Paytm, Policybazaar or Fino. Why?

What is their USP?
Convenience, Options and User friendly way to buy loan, wealth management and insurance products.

If you go to ICICI or Kotak app, it offers all the products with same USP. So there is no MOAT.

BOOKMARK THIS MESSAGE

Causes of Rejection of Application in IPO:

-Never apply more than 1 appl
-PAN in Bank and PAN in Demat shd be same
-Never select Cut Off in HNI appl
-Always Select Cut Off in Retail
-Approve UPI mandate timely
-Demat shd be in Active mode

Anything else ?