Tweet

More from @Abhishe27960014

Abhishek

@Abhishe27960014

Feb 2

🚨"Hindenburg's Size of Short on the Adani Group could be 16,000-20,000 Cr"

Read my logical guess in this🧵

1) In Sept 2020, Hindenburg made its last short(before Adani) on Nikola Motors, worth $1.3 billion (10,000 Cr).

#HindenburgReport #Adani #Hindenburg #AdaniGroup

2) Within six months of Hindenburg's short and report on Nikola, Nikola's stock plummeted 60-70%. Currently, it is down 90% from its September 2020 levels.

3) Assume Hindenburg exited after a 50% fall in Nikola, they made a 50% profit on their short, and they would earn 5000 Cr.

4) They have also made profits from shorting multiple companies after exposing them even before Nikola.

Additionally, it is important for them to maintain a sufficient buffer in case the short go in the opposite direction.

See their track record here:
hindenburgresearch.com/about-us/

Read 6 tweets

Abhishek

@Abhishe27960014

Feb 2

🚨 "Budget 2023: India's Pledge to Net-Zero Carbon Emissions by 2070"

5 Key Points in 🧵

1) This Budget allocates 35,000 crores to achieve energy transition, net-zero objectives, and energy security.

#Budget2023 #Budget #GreenEnergy

2) Government will promote Green Credit Program that incentivizes environmentally conscious actions by companies, individuals, and local entities.

3) 500 "Waste to Wealth" facilities will be established under the GOBARdhan initiative, featuring 200 Compressed Biogas plants.

4) Government will promote coastal shipping as an energy-efficient and cost-effective mode of transportation, both for passengers and cargo,

It will be achieved through a public-private partnership model with viability gap funding.

Read 4 tweets

Abhishek

@Abhishe27960014

Feb 2

🚨 Top 6 Takeaways from Budget to boost India's Infra for a Brighter Economic Future. 🧵

1) The government has allocated 10 Lakh Crores as capital outlay for the development of roads, health facilities, education, and other infrastructure initiatives.

#Budget2023 #Budget

2) The Railway has been allocated a capital outlay of 2.40 Lakh Crores.

3) 100 key transport projects, focused on last/first-mile connectivity for ports, coal, steel, fertilizer, and food grain sectors, will receive priority investment of 75,000 crores.

4) 50 additional airports, heliports, water aerodromes, and advanced landing grounds will be revived for improving regional air connectivity.

5) Enhanced focus will be provided for the scientific management of dry and wet waste.

Read 4 tweets

Abhishek

@Abhishe27960014

Feb 1

🚨 What could be the possible reasons for the recall of Adani Enterprise's FPO? 🧵

1) The most apparent reason is to enhance the declining reputation of the Adani group by returning money to investors in a responsible manner.

#AdaniFPO #AdaniEnterprises #AdaniGroup

https://twitter.com/BillAckman/status/1620757244190294016

2) Big investors such as Bill Ackman are questioning the legitimacy of the offering and alleging it to be rigged.

Canceling the FPO can halt further questioning of the offer's credibility.

See Bill Ackman's tweet:

https://twitter.com/BillAckman/status/1620757244190294016

3) The big family offices that funded the FPO have begun putting pressure on the Adani group to return the money.

Read 4 tweets

Abhishek

@Abhishe27960014

Feb 1

🚨My Interpretation on Standard Deduction Announcement in Today's Budget🧵

1) Std deduction will still be 50,000 not 52,500

2) In the new regime, it was not previously considered a deduction, but starting this year it will be recognized as deduction.

#Budget #incometaxslabs

3) Let's take one example to understand this.

Consider Gross Salary= 15.5 Lakh

Calculate tax payable under both pre-budget & post-budget scenarios.

Before Budget, you would have paid 202,500 tax.

After budget announcement, you will pay 150,000 tax.

So net gain of 52,500.

4) The increase of the standard deduction from 50,000 to 52,500 was not explicitly mentioned in the budget speech, but it is being interpreted by many as such.

Below is the budget snippet.

Read 6 tweets

Abhishek

@Abhishe27960014

Feb 1

🚨"Adani Group in Crisis: Most Stocks Hit Lower Circuit Limits"

Will this trigger Downward Spiral for the Company?"

According to a report: "Adani tops up collateral on $1 billion loan after stock rout"

🧵to understand Downward Spiral

#Adani #AdaniPower #ADANIENT

1) When business owners need money for any reason, they sometimes give some of their company's shares to banks as a guarantee. This is called Pledging.

Adani group has also pledged its stocks for loans.

See below

2) When company's shares go down below a preset value that can cover bank's loan value, the bank will ask for more money or shares as a guarantee that the loan will be paid back. This is called a "margin call".

So, falling Adani stocks can trigger margin call for Adani group.

Read 7 tweets

Share this page!

Abhishek

People who liked this thread also liked...

Try unrolling a thread yourself!

More from @Abhishe27960014

Abhishek

Abhishek

Abhishek

Abhishek

Abhishek

Abhishek

Did Thread Reader help you today?

Don't want to be a Premium member but still want to support us?

Send Email!