GE Shipping Company Ltd 🧵

The shipping cycle, like any commodity cycle presents effect of supply and demand on shipping assets & freight rates. Here is how the cycle works:
1/n At peak supply i.e. rock-bottom:
-> freight rates hit the bottom
->weaker players get destroyed
->stronger companies get to buy dirt cheap assets
-> industry consolidates
2/n

Happy Independence Day everyone!🇮🇳

On a special day, lets talk about a special situation. Now since NCLT has approved the demerger of Piramal Enterprises' Pharma business from Financial Services business, we have a special situation at our hands. Piramal Enterprise Limited consists of two entirely different businesses- Financial services business & Pharma business. This is how Pre-demerger structure looks like –

🧵A short thread on Gokul Agro Resources Ltd. 🧵

Indonesia’s recent decision to include crude palm oil (CPO) in the scope of its export ban starting 28 April is likely to affect both supply and prices of edible oils globally. The move could remove about 2 million tonnes of palm oil supply from the global market every month, which is nearly 50% of the global monthly trade volumes.
businesstoday.in/latest/story/e…

🧵🧵A thread on Alicon Castalloy Ltd 🧵🧵

Alicon Castalloy (erstwhile, Enkei Castalloy Ltd) runs one of the largest aluminium foundries in India.
In a foundry typically, you manufacture metal cast components that find application in various sectors. But wait…What’s special in a foundry business? There are apparently 5000 foundry units in India, 90% of them can be classified as MSME and 70% are of grey cast iron.
Let's find out what's special about ACL (if any)

🧵🧵A short thread on Pitti Engineering Ltd. 🧵🧵

Remember 3 Idiots? Don’t we still crack up every time we think of Raju answering his professor, how an induction motor started?
The company that we are studying today has something common with this scene. So lets start...BRRRRRR In 1887, legendary innovator Nikola Tesla developed an induction motor that ran on alternating current (AC). It was a simple self-starting design that did not need a commutator, thus avoiding sparking and the high maintenance of constant servicing and replacing mechanical brushes

🧵🧵🧵THE CHICKENS HAVE COME HOME TO ROOST🧵🧵🧵

The fact that chickens usually come home to rest and sleep has long been known, but the idea was used figuratively only in 1809, when Robert Southey wrote, “Curses are like young chickens, they always come home to roost”. Debt-laden Shapoorji Pallonji group is exiting/divesting one after other good business to save itself from default. The group is now, about to separate its Hygiene product and water purifier maker Eureka Forbes Limited.

The Structure:

A short 🧵on Alufluoride Ltd.

Alufluoride Limited (AL) is a leading manufacturer of Aluminium Fluoride (AlF3). Lets first understand the chemistry to get down to the business. AlF3 is an inorganic compound used primarily in the production of aluminium. Adding AlF3 to the production process of aluminium lowers the consumption of electricity required in smelting process and thereby it contributes to the reduction of production costs of aluminium.

🧵Solar panels and the mystery flaw explained 🧵

Installed global capacity of solar panels has increased massively in the past decade. Today, total installed capacity of photovoltaic cells is estimated 900 GW. However, there has been a mystery flaw that has been taking away potential electricity from the photovoltaic cells. Solar cells only achieve 20 percent efficiency—for every kW of equivalent sunlight, about 200W of electrical power can be generated.

PG ELECTROPLAST:
PGEL specializes in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastic Injection Molding, catering to 30+ brands The Company has grown ~2.7 times in five years at 22% CAGR. EBITDA has grown at 20% CAGR. Capex done is last 5 years is ~ INR 220 Crores.

Quick 🧵on Sugar Industry and Ethanol blending:

NEED OF THE HOUR : RENEWABLE BIOMASS FUEL
One of the greatest challenges of 21st century is to meet the growing demand for energy for transportation, heating, and industrial processes. Excessive consumption of fossil fuels, particularly in large urban areas, has resulted in generation of high levels of pollution during the last few decades.

Short🧵on Mold-Tek Packaging Ltd.

In the Old West, it was common for people to put their valuable possessions in a coffee can and keep it under the mattress. Since this approach involved no transaction costs, the value of the coffee can in the long term was entirely dependent on the wisdom and foresight used to pick the objects to in the coffee can. Impressed with the power of this approach –