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@resjudicata "Tell me whether to buy, sell or hold. Nothing else matters." Found the tailcoat investor.

@reeseb I'll give Indian REITs a read over the weekend, so my reviews both on the regulatory structure and this particular REIT will have to wait. Analysis looks deep enough, though.

@oldschooljenny It's a 5 year long learning process. A few words wont cover everything. You can start with the list of the books in the weekly discussion thread. I would recommend One Up on Wall Street from that list, but there are other books that might also help you. At least then you can...

@john20050 Your contribution is not bad either. This post will provide a benchmark on how we as mods want to shape discussion on stocks. We're expecting redditors to drive the discussion, allowing for multiple viewpoints and a balanced discussion, so as to avoid one-sided conversations and a...

@john20050 Plant closures for maintenance etc can be more frequent when the demand is down. It's more prudent that way, since increasing capacity utilization wont necessarily result in increasing earnings. Conversely, prudent managements will also increase capacity utilization and attempt for...

@john20050 Summarising my comments in the entire thread, with some updates based on Q3 2019 results: Market is assigning this company a 5-10 PE valuation and no more for various reasons. Subsidy receivables from the fertilizers segment are considered somewhat doubtful, even though subsidy is...

@john20050 Regarding balance sheet strength, trade receivables account for around 15.5% of the consolidated balance sheet of the company. The management has broken this down into ordinary receivables and subsidy receivables. The latter account for around 9% of the balance sheet. Knowing how the...

@john20050 Regarding the shareholding structure and company management, I see the promoters are a couple of state companies - Gujarat state Investments Ltd and Gujarat state Fertilizers & Chemicals Ltd. The market might be assigning a lower PE because of state ownership - the stock may have done...

@john20050 Yeah, but like my other comment shows, the receivables dont exactly show this. Proportionally, more capital seems to be "stuck" in fertilizers than in chemicals. A lot of these chemicals appear to be used in industries that are cyclical by themselves. TDI for instance is used in...

@john20050 Just focussing on the industry structure here, is the market confusing this company for a fertilizers company, or is it right about the company being a large scale commodity chemcials company? Just being a chemicals company doesn't mean there is a low barrier to entry (because of...

@wrangler Financial planning is different from accounting, even though they are intertwined. So, a CA is not the ideal person to provide you with financial planning advice. Tax planning maybe, but financial planning is somewhat different. There's CFP if you are looking for certifications that...

@json07 I avoid NFOs. Right now, the fund would just begin investing in the market and the valuations are not in favor of a fund manager looking at cyclicals. Wait a good 3 years or more until the fund and it's manager has established a track record. Unlike a diversified fund, this one has the...

@willby If you just want superficial analysis on how much production is concentrated in a single player, check out the mineral reviews published by IBM. Like the other comment mentions, you'll find that Hindustan Zinc is the principal producer of Lead and Zinc concentrates.

@willby The best you can do is triangulate the statewise mineral production statistics compiled by Indian Bureau of Mines. You can get some additional data about principal producers from the mineral reviews, but those are not updated monthly. We don't have the equivalent of EIA data where...

@james_conor A strategy that focusses only on cloud computing companies, ignores the reductions in expenses possible in companies that switch from operating on-premise data centers. And given the usage of IT, the number of such companies that benefit from switching to using cloud computing, is...

@lakelandlass If the prospective returns are low, better to shift to a different fund.

@lakelandlass The major value proposition behind investing in any L&T fund was it's star fund manager. He quit last year. Holding on to such funds make sense only if the replacement is good if not better, and even then, the new fund manager needs time to work out his strategy.

@dewayne777 Textile companies have low PE. It's pretty much an accepted fact due to the commodity nature of the industry, so standalone and consolidated PE values of 11.6 and 8.2 are not surprising. What's interesting about Arvind are the various retail brands it is licensed to manufacture and...