Comments from Rajiv Jain, founder of GQG which has put in > Rs.15k cr into Adani cos yesterday.
Source - Australian Financial Review
On Hindenburg - “They have their view & we have our view, & we happen to disagree, but that’s what makes a market"
1/6
#stocks
Source - Australian Financial Review
On Hindenburg - “They have their view & we have our view, & we happen to disagree, but that’s what makes a market"
1/6
#stocks
On Adani assets -
“fantastic,” “irreplaceable”
“About 25% of India’s air traffic passes through their airports & 25-40% of India’s cargo volume goes through their ports. The biggest competitors are actually the Indian govt, not the fastest running horse in the race.”
2/6
“fantastic,” “irreplaceable”
“About 25% of India’s air traffic passes through their airports & 25-40% of India’s cargo volume goes through their ports. The biggest competitors are actually the Indian govt, not the fastest running horse in the race.”
2/6
On Adani Green -
“Adani Green Energy is by far the fastest & largest pvt sector, green energy co in India. They’re rolling out almost 3 GW annually. So, so I think some of their assets are fantastic. Countries like India need to make the energy transition"
#stocks
3/6
“Adani Green Energy is by far the fastest & largest pvt sector, green energy co in India. They’re rolling out almost 3 GW annually. So, so I think some of their assets are fantastic. Countries like India need to make the energy transition"
#stocks
3/6
Tracking Adani group companies -
Mr Jain said GQG had been following the Adani companies closely for five years, and while they liked the assets the “valuation was in no man’s territory. We kept doing more work.
#Adani #stocks
4/6
Mr Jain said GQG had been following the Adani companies closely for five years, and while they liked the assets the “valuation was in no man’s territory. We kept doing more work.
#Adani #stocks
4/6
On corporate governance -
“A lot of US tech companies are still la-la land if you look at governance practices. The serious governance issues are in tech, such as stock-based compensation and how they account for that”
#Adani #stocks
5/6
“A lot of US tech companies are still la-la land if you look at governance practices. The serious governance issues are in tech, such as stock-based compensation and how they account for that”
#Adani #stocks
5/6
On corporate governance -
“A lot of governments have come and gone in that period. Frauds typically don’t last 30 years – three months, three years, maybe, not 30 years.
“There’s been a lot of value creation over the years or decades, actually.”
#Adani #stocks
6/6
“A lot of governments have come and gone in that period. Frauds typically don’t last 30 years – three months, three years, maybe, not 30 years.
“There’s been a lot of value creation over the years or decades, actually.”
#Adani #stocks
6/6
• • •
Missing some Tweet in this thread? You can try to
force a refresh
