Discover and read the best of Twitter Threads about #IBullreal

Most recents (3)

#IBullreal results have no significance at this point. Key points to understand –

Debt reduction – Ibulllreal will be debt free at the time of merger with 650 cr coming from Mr Gehlot and 580 crs from land sale to Elan group. Embassy will have 3000 crs debt out of which 1500 cr
will be reduced through QIP and rest 1500 crs will come from collections next year. So merged entity will be zero debt company in FY23

Sales potential – Launched + planned projects have 18000 cr sales potential with 3400 crs of near completed inventory. Pending cost is 3900 cr
and sold receivables is 4224 crs. That means 9900 crs of cashflow to come in next few years from these projects. In addition, it is holding land bank of 3353 acres and 350 acres (42.5 Mn) for commercial development with potential annual rental of 4300 crs.
Read 4 tweets
Diwali portfolio coming up before market close

I will be giving out 1 Stock on every 50 likes

With technical + funda analysis

Total stocks selected 8
First Diwali pick

Diwali Portfolio
#Vmart

In retail segment company has bought out retail stores from Arvind fashion

Total number of stores crossing 300+

Triangle pattern on daily chart

CMP 3540

Stop below 3420

Target - 3800/4000/4500+

#Inveating
#HGinfra

Second pick

This Infra company is participating in the biggest expressway from Delhi to Mumbai as a joint project

Cheap compared to peers

Orders are flowing up and the company has improved margins in infra industry

CMP 645

Stop loss below 610

Target 800/1000+
Read 11 tweets
#IBullreal – top pick in the sector. Brand, Balance sheet, execution and access to low cost funds will drive value for the combined entity

Post merger, #Embassy will own 45% and Blackstone 10%. This will create institutional platform for investment in real estate sector and
combined entity will be one of the largest real estate companies in India.

In terms of valuation, 18000 cr net surplus, 2000 acres of land valued around 8-10 crs per acre, 1400 crs SEZ land, 42 Mn sq ft commercial space (potential of generating 4200 crs rentals) available at EV
of # 15000 crs. More importantly, with Embassy+Blackstone brand, execution capability and access to institutional money will re-rate the stock to earnings based multiple rather than asset based valuation.

Concerns –
-If Merger doesn’t happen – Currently only NCLT approval is
Read 6 tweets

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