Come whatever event (health crisis, economic bubbles, economic recessions, political events, etc.), there should not be any doubt on business survival.
Earlier it used to be only food companies into this category, but now there are many.
Thread - How to spot a potential multibagger
Multiple fundamental parameters however we cannot be rigid on any of these parameters.
Be flexible to interpret things from bigger picture point of view.
Come whatever event (health crisis, economic bubbles, economic recessions, political events, etc.), there should not be any doubt on business survival.
Earlier it used to be only food companies into this category, but now there are many.
At any point of time, we can think with a certain common sense approach that if management wants, there can be a sustainable growth at any point of time.
Obviously this growth may come thru innovation, optimization, etc.
Management should be forward looking, should be able to read into future to build right growth avenues, should be considerate towards every stakeholder.
In addition management should be ethical & should have good social image too.
There should be a reasonable skin in the game from promoter.
If in case there is a low promoter stake, then promoter should increase stake at every possible opportunity.
Also pledging should either be zero or minimal.
Debt is becoming a dirtier word at individual as well as at corporate level.
Lower the debt, better the valuations.
At the most fundamental level, a company's ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF)
Lesser the equity dilution, better will be the valuations.
Management should avoid the equity dilution at all times. To improve the liquidity, equity dilution is good sometimes however it should be only when the proportionate growth is visible.
If company is showing earnings of 100 & giving dividend equivalent of just 10 or less, raise more doubts on such companies before building conviction.
It has been a great learning experience based on this parameter.
Thr shd be good dividend policy
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Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.