Corrected my mistake today, bought #Mastek

First identified it at 1100, by the time I finished researching it went to 1800 Thought will wait and invest at pull back. Soon it was at 2800+

Bought today at 2375
15% of PF

More from Tar ⚡

Open Question to fellow investors tracking Music Industry.

A business like Universal which controls more than 1/3rd of all published music globally is selling for less than 6x FY20 Sales.

Why are Indian businesses like Saregama / Tips selling for 11x, 20x their sales?

If I include all of the revenue generated by entire firm, its selling for ~4.5x FY20 Sales


Universal Listing Market Cap ~ 40 Billion USD
FY 20 Revenues ~ 8.87 B USD or 7.4B EUR

Catalogue of Music includes every international artist you can possibly name

Either Universal is grossly undervalued or Saregama/Tips are grossly overvalued.

https://t.co/aHzWSYtcUt


https://t.co/v0EMoCuYKX
Guess the Sector, that this company operates in.

ROCE 1 Yr: 32.7%
ROCE 3 Yr: 24.8%
ROE: 27.4%
ROE 3 Yr: 19%
Op Margin: 28.4%
Reserves: 32% of Current Market Cap
Debt: Nil
Profit CAGR 3Yrs: 54%
Debtor Days: 15
Inventory Turnover > 5
CFO YoY Increase : 160%

Some of you got it correct. Its Anjali Portland.
The company just acquired another cement company that will double the total sales immediately.
https://t.co/2xVnpJapPy

The acquisition was financed by adding debt, so interest costs from next quarter will go up but still great!

For a company that operates in a cyclical sector like cement!

What I liked is that the company was able to maintain the balance sheet and margins even in a down cycle.

With real estate sector reviving, this can be a great bet from here.

No recommendations, just an observation.

Market started re-rating the stock as soon as they announced acquisition.


Someone did some work on details of acquisition, sharing the thread

More from Itsthlearnings

Asset Allocation doesn't have one clear answer and shouldn't depend on stage of the market.

It depends on your

- Risk Appetite
- Goals
- Psychology
- Age
- Responsibilities

1/n https://t.co/aJjy4N90J9


Someone who is

Young
Right out of College
Doesn't Need Money for Next 10 years
Doesn't Have any Dependents

should be allocated more towards Equities than someone who is

Old
Heading for Retirement
Needs Consistent Income
Has Many Dependents

2/n

Your psychology also has the biggest impact. Are you someone who gets afraid and loses sleep over 5 to 10% drawdowns and wants to book profits as soon as an investment gains in value

or Are you someone who can sit peacefully and do not let the daily movement of market impact you

Also allocate based on Goals.

(Extract taken from my Personal Finance Course, Releasing on SkillShare on Sunday, link to sign up for a Free access below)

https://t.co/IdBvCqO2DH

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