Domestic MDF market size is pegged at 2500Cr currently & is expected to grow at 15% CAGR over the next 3 years (organised players to grow even faster).

The industry further has potential to capture incremental opportunity of 4500-5000Cr low-end plywood market. https://t.co/Cre3xVUNqu

SEQUENT 🐕💊 Annual Report

SKFINDIA

Double Top Buy & Super Pattern - Bullish above 2449.22 daily close on 3% Box size chart.

IRCTC

Double Top Buy above 3899.97 daily close on 1% Box size chart.

#CenturyPly

👉Capex done in d last 8years = ~1000crs

👉Capex to be executed in next 2 years = ~1000crs

Speaks volumes about demand from the real estate sector.🚀

@VishalBhargava5 The issue is that builders offering smaller carpet area per room. In some cases, it’s even difficult to fit king size bed.

so i’ve been looking at the alleged “putin palace” alongside a friend who works in real estate here in nyc and really knows their way around floor plans. they prefer to stay anonymous but together we’ve made some interesting discoveries

if you look at the 2nd floor, you will see that there are 11 bedrooms in total on that same floor, 4 corner units are larger suites with living rooms, others are adjacent bedrooms only

you will also see that the alleged "putin suite" is only a bit bigger than the other suites, of which there are four on this floor, and they all have similar features

meanwhile, the alleged "putin bathroom & recreation room" are positioned in a way that they share the balcony with two other, smaller bedrooms. you can also access this balcony through the indoor “winter garden” which is a common area

you can’t see the balcony on the photos they provide and the shots centering the part where putin’s suite is supposed to be are from far away only: is this because they don’t want you to wonder as much?

Some points for Canfin Homes bulls to ponder upon:

1. It has been on the block twice in the last 5 years. Why didn't anyone buy?

2. If it gets sold, would the liabilities side stability remain?

3. Is it granular enough or only limited to Tier 2 cities unlike Aavas which is in

Tier 3 and Tier 4 and is able to print abnormal ROAs.

4. NIMs are okay-ish for a HFC. ROA is good at 2%+

5. ROE is 19%, because it is leveraged almost 9x.

My view remains- it isn't granular enough to escape competition from Banks like SBI and ICICI etc. Thus we see a lower

growth rate. Why not HDFC ltd over this in that scenario if you are settling for a lower growth rate and also taking the risk of competition and company being sold. Its likely to be a compounder and not a fast grower. Adjust expectations accordingly.

Disc: not invested in both^