SIMPLE IS BETTER – ISSUE -13 – BUYBACK

Posted on December 15, 2018 by Jimit Zaveri under Simple is Better

I have mentioned during the series of Warren Buffett’s letter that buyback done by the company considers good. Also when the market value of the company is available at discount from intrinsic value and company does not have a better opportunity to make an investment then company has to repurchase own shares. We have heard that the company having good management then they come up with a buyback and others will come up with a dilution of capital. The buyback is one of the criteria for judging a capital allocation decision of management that whether good or not.

What is Buyback?

For Detail Issue, Click here —> SIMPLE IS BETTER – ISSUE -13 – BUYBACK

PIRAMAL ENTERPRISES LIMITED ANNUAL REPORT REVIEW FY2017-18, FY2015-16, FY2014-15

Posted on August 5, 2018 by Jimit Zaveri under Annual Report Review

Piramal Enterprises is a diversified conglomerate having three virtual companies – Financial Services (47% revenue contribution), Pharma (42% revenue contribution) and Information Management (11% revenue contribution).

Mr. Ajay Piramal having a good track record with capital allocation, with acquisitions and one of the shareholder-friendly promoter.

Annual Report Review FY2017-18, FY2015-16, FY2014-15.

Disclaimer: This is not a recommendation to Buy-Sell-Hold. And I am not a SEBI registered analyst.