THE BASICS: How to STAY RICH in the stock markets. Learn from Siddhartha Bhaiya
Vložit
- čas přidán 7. 09. 2024
- Watch this video if you want to understand:
• Back Ground of Siddhartha Bhaiya & Aequitas
• Importance of Behavior Psychology in stock market
• Importance of Cycles in Stock Market
• Supply side vs demand side
• Power sector- Biggest corporate mistake in last 20 years
• Market cap to Sales ratio
• IPO investing: Wealth Creation or a SCAM
• Bitcoin- Investment or a Bubble??
Disclaimer: Content for educational purpose ONLY. Do consult your advisor before acting on any view.
Great video for learning but please correct the statement " between 2000 to 2007 atleast 1000 of stocks gave 100X return" I have checked many charts mostly gave only 8X to 10X only.
Listening after 2 months.. n i think i am late.. its such a informative session.. Great discussion Siddhart Bhaiya & Varinder Sir.
Can't thank enough. You are doing an amazing work Sir. I feel so privileged to get this valuable information, training, wisdom of truth.
God bless you Sir and wish you all the success in Omkara from the bottom of my heart.
what a discussion. this is gonna be one the best podcast channels for investors. kudos
Agreed
@@sahulgoyal8306 👌qqq 👌qqqqq 👌q 👌qq 👌q 👌qq 👌q 👌👌👌👌qqq 👌👌q 👌👌👌👌👌👌👌👌👌👌👌q 👌q 👌👌q 👌👌👌👌👌
@@sahulgoyal8306 🙏🙏🙏🙏🙏
@@sahulgoyal8306 😎😎
@@sahulgoyal8306 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
This is not basics this is the All of the stock market you need to know 👌👌 Awesome
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Too good of a discussion. Please have him again. 🙏🏻🙏🏻🙏🏻
sir u r doing great work for retail investor... awareness is very necessary for retail investor
Loved conversation learned something new about stock market
At the end of the interview even Mr Varinder Bansal starts using "u know" very often like Mr. Siddharth. 😀😀
happens
Amazing interview Bansal sir, I would like to hear more from Siddharth sir .
A candid conversation and fun to watch. Thanks for sharing.
Wow, what a video, this gentleman has insight about most of the industry. Loved it !
What a amazing discussion!!!!
Many times wow word came on my lips... simply loved it 👍
Nyc one... really a njoyable n insightful disucssion touching d basics of investing.
wow.. outstanding... new dimension of research
sweet words ....but reality is harsh .... very few investors stay invested for long in market sinosidal wave
Bear market won't scare you as much your first bear market will scare you. 👍
Believe in self ... belief
Follow ... your belief
Make things happen ✍️
Varinder bhai, your sound gives echoes, please rectify the same, ur analysis beyond the imagination , heads off
Excellent communication but just one issue is quality of the audio and connection
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Good informative conversation. Learnt a lot . This guy is out of the box thinking. But couldn't understood the Japanese real estate bubble !
Much awaited one
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Wow what a nice video. Learned very much from this channel. However 2:11 every second girl on instagram and facebook nowadays. It has become a trend .
True to the purpose. Very enlightening...👍👍👍
Good 👍info watch BSE data daily.
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
40:30 mar cap to sales
Super like!
Super conversation! Great insights.
Started following Siddharth sir :-)
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Superb discussion
Rich discussion. ...liked it
Excellent 👌
So much of knowledge and many many leaning thanku so much sir....
56:20-56:32 please explain 🙏🏻
nice one thanks sir ji
Very good and informative video. Thanks.
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Seems bansalji very much interested in pushing adani stocks
Superb lessons
Best video ever
Brillant interaction ❤
amazing content
Please bring Mgmt of Deepak Nitrite...
This dude just said it himself most books are cooked and hence small caps will get decimated over time…
What a man!!!!!
Thanks for sharing 🙏
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Great talk 👍
What he is trying to say about Mkt Cap to sales?
I don't get it, Can anyone elaborate?
Mkt cap to sales ratio
@@rakesht1626 i know that😀
I want to know what it explains?
@@sane7263 some ppl use mkt cap/sales instead of price/earnings.
earnings can be manipulated but sales cannot be.
sometimes earnings can grow even without sales growing due to less taxation , cost cut etc etc
so looking at sales gives you more accurate picture
e.g. Enron scandal.. sales were not growing but earnings were growing due to accounting frauds.
@@rakesht1626 got a different view point, thank you bro😊
@@rakesht1626 got a different view, thank you bro😊
super lecture sir...........
K4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
The price of Venkeys is now 1574/-. So, Golfing is the good idea...
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
sir plz improve the audio quality..🙏
How was Asian Paints able to increase prices when inflation was low ? Its it the other way round? U increase price when demand is robust in the eco n inflation is catching up ....like now . Is my understanding flawed ?
first cost pressures come up and then they will take a price hike incase of Asian paints same holds true with big FMCGs too, only in commodities global prices are a deciding factor along with domestic demand picture and also trade barriers play a role
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Establish a brand in Bathinda Mr Bansal
How much wealth has he created?? Pls share...
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
"Every crash market have V-Shape recovery"
His small caps will come in for a 60% correction… it’s game over…
Sir please do something for voice quality
Omkara wale babbu ka hair style ni samaj aaya
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
I wonder if he's interested in the LIC IPO or not 🤔🤔
No ppt
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Very Digressing , You Know.
Please talk in hindi
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance
Who all counted "You know" 😛
4th Mar'21 CA Anil Sanghvi Zee business Long term pick Rakesh Bansal & Kunal Saroghi .BUY SCI for 166 & 220. Qrtrly LONG TERM CHART DOUBLE BOTTOM BREAK-OUT
Dwarka S B P Ltd makes a detailed BUY report so that you readers appreciate the complete research on valuation as our research gives a minimum VALUATION of 249.06₹, (net of BWTS & 4 LNG assocs with Mitsui OSK, NYK , K- lines which us additional 15₹ as thus comes under (consol) NAV. If the bid as we expect HITS 165₹, then VALUATION OF SCI SHOOTS TO 308₹) specially considering India has no shipping analyst & this type of exhaustive research on Shipping Corp has not been attempted earlier. You have our permission to print or use material for your use.
This VALUATION has been done with the help of Norway's Cleaves Securities #1 Intnl. Shipping Analysts by Bloomberg & extensive research on value of FLEET & PROPERTY ( Demerged by board on Nov 6, 2020) is given below
Valuation table
Valuation ( Dec FY '21 )Shipping Corporation of India
Particulars Value (in crs)
Fleet 7306 @$ = 72.62 ₹
Property(AR, FY'20)
Shipping House 1000 Cr
Haldia & Kolkata,Mumbai 2376 Crs
(As per AR '20 page 140)
MTI Powai, 45 acres 2554
Property Total
5930 Cr
(-) Net Debt 1857 Cr
Equity Value 11379 "
Net Tax arrears 213"
Loans 227 Total Value 11819
Equity Shares No.Cr 46.6
Value per share (₹) 253.62
Source: Dwarka Share Brokers P Ltd ( internal research)
▪︎ This value 249.06₹ unlocks by 1) 10 international shipping Cos & ports bidding for SCI Based on its NAV ₹ + as it is the international shipping banking metric ti aquire SCI which has the following :
▪︎ 35% tonnage of 16 th largest,2nd fastest maritime market growth internationally..
▪︎lowest BE $/day at 7500 $ for tankers & 6000$/day for bulkers
▪︎lowest net debt to GAV of Fleet at 0.26
▪︎ NAV of Shipping Corporation of India 125 ₹ ( consol) Dec 20
Possible bids based on the aquisition patterns by bidders in the past, by financials of share holdings in NYSE listed shipping cos
▪︎DPWorld UAE, paid 1.23× Revenue for Unifeeder =121.78₹; $1.68
▪︎ Fairfax Canada has $DSSI holding of 10.2 mn shrs. Based on $DSSI financials
a) ev/ebitda =3.56 ~ 145.91₹, $1.99 could be the SCI bid
b) ev/ revenue = 1.34 ~ 132.67₹ could be the SCI bid
▪︎$HAFNIA ,unsolicited bid for $ASC which has ev/rev =1.93 ~ 191₹; $ 2.62 as SCI bid.
▪︎$FRO s' unsolicited bid for $ DHT which has
a)1.47× Rev is 145.54₹ as SCI bid
b) ev/rev =2.06 is 206₹ as SCI bid
c) ev/ebitda =3.17 is 129.72₹ as SCI bid
▪︎$INSW, $TNP have simillar Fleet composition as SCI -IN & have a) ev/rev = 2~ 198₹ for SCI as bid
b)ev/ ebitda ~ 4 = 163.94₹ as SCI bid
▪︎Dwarka S B P Ltd Avg ( NAV + ev/ ebitda= 3.57) is 136₹ as SCI bid
Therefore the actual bid in a tough 10 way fight could be 165₹
Property Valuation:
1) www.financialexpress.com/archive/sci-set-to-delink-transfer-maritime-training-institute/65822/
2 ) Zee Exclu. Real Estt Valuation as per Min. Sources
czcams.com/video/jG446Ma-FGc/video.html
Thanking you,
Dwarka Share Brokers P Ltd
02562-238845 HO
9730005179
N Samraj BSc; MBA, visiting faculty member, Case studies, SSVPs' COE, with splz in demergers & behavioural finance