GoldenEye_6 Profile picture
Jun 11 5 tweets 2 min read Twitter logo Read on Twitter
#StocksToBuy
@revathiequipltd
#RevathiEquipmentLtd

- Incorporated in 1962 and promoted by RMT Drill co
- Invested in co by MNC conglomerate Atlas Copco Ltd in 1978 Later sold the stake in 2002 to Renaissance group which holds currently the majority stake in the co.
-Co is currently run by 3rd gen entrepreneur @adalmia who is the current CMD
- Co is into business of manufacturing blast hole drills and water well drills.
- More than 4 decades of experience of drilling oil rigs
CMP - INR1778
P/E- 17.6
BV- INR742
ROCE- 21%
ROE- 14.7%
FV- 10
M cap- INR747Cr
OPM- 16%
Reserves- INR 225 CR
Borrowings- INR 39 CR
Debt Sevice ratio - 3.69
- Business comparises of 78% domestic & 22% export
- More than 50% of market share in the business of drilling equipment
ShareHolding Pattern
Promoter - 72.61%
FII - 0.12 % (Has just started invst)
Public - 27.21% (Of which HNI 2.5%)

Do stock SIP since pricr has run up in last 12 months.
Not a SEBI certified research analyst

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More from @GoldenEye_6

Jun 10
#WhatStocksToBuy
1) Who is the Promotor
2) Promoter Holding (Movement over last 1 year - Shud have increase or remain stagnant)
3) Promotor holding shud be more than 65% and Retail max holding shud not be more than 10%
3) It shud be a product based co and not services oriented
4) ROCE, ROE shud be more than 20%
5) Operating Mgn shud be more than 15%
6) FII Holding shud b there (Best is FII shud have increased the stake in the company in last 1 year)
7) There shud be Nil Debt or if debt is there check the DSCR ratio.. it shud be more than 4 ideally)
8) Check OTHER INCOME in Qtrly and Yearly balance sheet (It shud not be more than 5% of the total income)
9) Div payout history (Its good if they r sharing their income to shareholders)
Read 5 tweets
Jun 9, 2022
Lets take a look at russian bond default.

1) Moody's have been downgrading Russia . Entire western rating agencies too but does this really matter to Russia.

Russians with their sovereign bonds had cash to make the payments.
2) But it is the US and EU governments have stolen their money in the name of sanctions .

Couple of yrs before biden administration revoked the waiver of Russia paying its bonds for russia to default.
3) Yes it seems that russia is in terrible things but its not truth. The real truth is US and EU holders are in terrible condition ?why ?

-Why do a country want to have a good credit rating bcoz at some time in future you want to borrow money and get a good interest rate .
Read 9 tweets
Jun 9, 2022
Some update on #RussianUkrainianWar

Now here is the thing where are we heading in the Russian Ukrainian conflict

Here is somewhat I think might happen.

1) Will there be a peace treaty? No way. Earlier Russia wanted but it was denied by the west.
2) Now since Russia is winning what you think will there be a peace treaty? Will Russia tell ok. I dont think and Russians know that they cannot allow Ukraine to be sovereign more and Russia will not trust West and Nato bcoz West and NATO hve lied always and they r still lying
3) So the question is Where are we heading :-
Russia will take full Ukraine down and the east and south Ukraine where metals and agro industries are located will be integrated with Russia.
Read 7 tweets

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