Tanmay Shah

24 | Evergreen Growth Partners | Investment Banker🏦 | CA🎓 | Traveler✈️ | Love analysing Indian🇮🇳 businesses | Tweets are personal

[Tanmay Shah @TanmayShahh]

@RajStockWatch Just check gross block and the turnover - you will see the engineered accounting

[Tanmay Shah @TanmayShahh]

Today starts the end of journey!

Everything was just a story!

[Tanmay Shah @TanmayShahh]

🚨 Recently listed #SME Foils company — One of the strangest manufacturing companies out there.

Tiny asset base of just ₹2 Cr, yet managed to clock ₹130 Cr in topline.
That's a 65x asset turnover! 🤯
Let's unpack this 🧵👇

[Tanmay Shah @TanmayShahh]

Lot of fund managers came to take credit that they were right about KOSPI overvaluation. Little did they know it was forced liquidation of leveraged trades. Won’t be surprised to see AI companies making a new ATH. Kospi is up 18% today. What changed?

[Tanmay Shah @TanmayShahh]

@anujshah333 @vinodsrinivasan Hi Anuj- this runs via a whole offline market where relationships matter. NBFC bonds, Real Estate Bonds. SEBI doesn't allow this to be sold publicly.

[Tanmay Shah @TanmayShahh]

@PiyushPkj @vinodsrinivasan Hi Piyush - this runs via a whole offline market where relationships matter. NBFC bonds, Real Estate Bonds. SEBI doesn't allow this to be sold publicly.

[Tanmay Shah @TanmayShahh]

@Aatish_fin @sharmaeconomics APPL?

[Tanmay Shah @TanmayShahh]

The headline is not "6.5% FCNR deposit."

The headline is:

"A 1.5-2% spread, multiplied through leverage, can create equity-like returns from a fixed-income product."

#FCNR #NRI #RBI #Investing #FixedIncome #IndiaMarkets #WealthManagement #FinanceExplained

[Tanmay Shah @TanmayShahh]

Why is everyone suddenly talking about FCNR deposits after RBI's latest announcement?

Because a plain vanilla NRI fixed deposit yielding ~6.5% can potentially generate 17-27% USD returns through leverage. That's the opportunity highlighted by Jefferies.

[Tanmay Shah @TanmayShahh]

Remember:

Leverage magnifies gains AND losses.

If borrowing costs rise, leverage is reduced, spreads narrow, or refinancing becomes difficult, returns can fall sharply.

[Tanmay Shah @TanmayShahh]

@jaynthbusi Maybe you should consume information from right people

[Tanmay Shah @TanmayShahh]

NRIs are making one silent mistake with their savings. 🧵👇

[Tanmay Shah @TanmayShahh]

@jaynthbusi GIFT City Savings account are best here. Safe as well