Exeptional Book in explaining biases while trying to understand business performance.
Author: Vikash Mantri
Book review #One of 2021: The Psychology of Money
Why I feel very wealthy and successful after reading this book and hopefully stay. The Psychology of Money by Morgan Housel is a very interesting read and a must recommend for all people for understanding and managing personal finance. The book is easy to read and structured into small chapters talking about each topic. It [...]
ZEEL Q1FY21 : Band-aid on something that needs stitches
Q1 FY21 results of Zee entertainment was an exercise by management in trying to shore up investor confidence in governance and give some straws of hope to the few bullish analyst and investors to hang on. Governance building measures: Isn’t good faith enough? Company committed to Qtrly disclosures of balance sheet and Zee5 data along [...]
ZEEL -There is seldom one cockroach in the kitchen
ZEEL a 15k crore market cap made provisions/write offs of Rs 1500cr of write off and claims in a qtr!!! . A company whose promoters who have lost almost all shareholding (Mere 4.77% left) – write-offs should be seen with dollops of salt. Let’s look at the write offs/provisions/ claims in the quarter Inventories write [...]
The Bizarre Case of ELCID Investments: A 18x-70x bagger ?
Elcid Investments is a listed entity on BSE with a Market cap of mere 18 lakhs. However, the company is an investing company and owns 4.3% or 4.06 lakhs shares in Asian Paints which means an investment value of Rs 6800 cr or Rs 3.5 lakh per /share. The company has two subsidiaries: Murahar Investments [...]
