Amol

[Amol @amol_tw]

Also the categorization of Compact, Standard, Comfort and Luxury is HIGHLY SUBJECTIVE. Best to ignore the categorization and focus on the data given in the image

[Amol @amol_tw]

STUDY OF 2 BHK layouts in Mumbai
I have studied several 2 BHKs layouts in Mumbai & did a detailed analysis on 33 of them.
The image below shows what room sizes you can expect at different apartment sizes. Have made it like a SLIDER scale so that it can be easily understood.

[Amol @amol_tw]

CAVEAT:
All the above layouts have minimal 'wastage' on passage areas, which many developers call 'zero wastage design'. But many times the extra passage is not really a wastage as it could result in better light/ventilation/view,better flat layout,privacy,better floor layout,etc

[Amol @amol_tw]

Great series started by @VishalBhargava5 in which you get to hear insights of top Mumbai developers

[Vishal Bhargava @VishalBhargava5]

Less than 20 years ago, land rates in non-prime Worli were at a 85% discount to Bandstand, Bandra.

Interesting story of an unwilling land seller in Bandstand.
But that set the stage for the creation of an exclusive project called Raheja Legend. Virat Kohli rented there.

[Amol @amol_tw]

A non-investment Tweet:
Have written a post on reddit on buying a prosumer espresso machine in India. Have covered things to consider PID Control,Single Boiler vs HX vs Dual Boiler, Preinfusion,Grinders,etc along with options available at various prices https://t.co/1nifDMuRxK

[Amol @amol_tw]

@hktg13 Very interesting! Is the Index Divisor data readily available or one needs access to Bloomberg/Cap IQ/etc

[Amol @amol_tw]

@bhavinjan1978 Thank you Bhavin, this is indeed handy & provides a quick sanity check. If I am not mistaken, you have assumed that the company retains same ROIC in the terminal period as well.

[Amol @amol_tw]

@MayankKangtani Very helpful. Thanks again! Will keep a close watch on upcoming quarters

[Amol @amol_tw]

Written a short investment note on 20 Microns Ltd https://t.co/BWvJwPBUZG

[Amol @amol_tw]

@MayankKangtani Thank you for the feedback! Have the margins improved for them only or have improved across the industry?

[Amol @amol_tw]

Written an update on this. Anti-dumping thesis has played out with higher margins, higher realization. Mgmt has announced good capex also. Market is pricing in extremely pessimistic assumptions and hence I continue to hold it. https://t.co/CEdT7WMwtZ

[Amol @amol_tw]

Written a short note on India Toners & Developers Ltd. https://t.co/CEdT7WunfR

[Amol @amol_tw]

@VishalBhargava5 Did you see this? Anecdotally, for Mumbai, I think the pricing data 'feels' ok. Though it doesn't capture the low sales velocity from 2013 until 2020. Have you come across such data from another agency?

[Uday Tharar @udaytharar]

Residential property prices in the top-3 markets of India (Mumbai, NCR & Bangalore) have grown at sub 3% per year since 2014.

In the same period Nifty has given returns of 13% per year, gold 7% per year and inflation has averaged 5%.

[Amol @amol_tw]

@WizardsUnknown have sent you a DM

[Amol @amol_tw]

@tapak7 @kushalbhagia https://t.co/BfNU4B9C3Q is excellent
Gives details of Indian as well as international stocks. Have to yearly fee though

[Amol @amol_tw]

@WizardsUnknown @Jazeelfarooq Would be grateful if you can explain Point No.1

[Amol @amol_tw]

@WizardsUnknown Eventually growth of IC engines (even for tractors) will slow down due to EV trends. Even if you assume 10 yr future growth based on historicals, terminal growth period assumption has to be VERY conservative to be on safer side but current valuation doesn't allow it

[Amol @amol_tw]

@keerthi_kumar @WizardsUnknown @abhishec_s Insert '0' in each of the years as I have shown below. That will fix it. Since you did not, the spreadsheet discounted it by 1 year instead of 5 years

[Amol @amol_tw]

Very good paper by Michael Mauboussin to understand how growth & ROIC effect PE multiples. I have made an Excel file based on the example given in this paper. Play with the numbers and see the effect for yourself! LINK: https://t.co/5fqklYBPbr

[Leading Nowhere @leading_nowhere]

Most common mistake, and an easy one to make if you get used to paying higher multiples based on assumptions.

[Amol @amol_tw]

Revisited this as price corrected by 25% while Sun Control+PPF grew 30%.If the 1800 LSF expansion goes this way then it would be very interesting.But IPD segment COULD have serious challenges as HUGE capacities coming in https://t.co/EfpImZh6og few quarters to watch carefully

[Amol @amol_tw]

Written a short note on Garware Hi Tech Films. https://t.co/Kp4IRVCZwi

[Amol @amol_tw]

@abhishec_s Well written. Am a fan of this approach as well. Do u capitalize R&D / SG&A for cos expensing capex thru P&L due to accounting norms. If yes, how do u do it