Way Adani is piling on debt, I wonder if he has the means to pay his EMI's if business environment worsens all of a sudden.
Looks like he is pledging his inflated shares and piling on debt.. wonder how much is going into business and how much of it is going offshore. Some of his companies are beyond bubble territory... hope it ends on a happy note and banks n public don't get a free forced haircut again.
Ya'll Nibbiars Daewoo 2.0 In Makings.
shubh shubh bol billay... LLJayenge...
Ya'll Nibbiars this would be the third largest Brankcrupt in the world and most of the Public sectors banks will stop withdrawal of money after this.
Debt is not particularly a bad thing especially in a high inflation era with locked in interest rates.
Fundamentals and high valuation is a different thing but almost nothing can be said just by taking debt in isolation. You have to give a bigger picture than that rather than just one aspect.
Where the debt is being utilized is also an important question to consider...might be worthwhile to use debt for it.
Ya'll Nibbiars agar uske paas paisa bana ne ka shadan hota to phir yeh bol skate the par uske Paas nahi hai. Now cash cows. And Building debt ilof future assets and profits that how Daewoo done most of its assets every very sound but when you go south every skeletons come outs.
Adani companies valuation is certainly not rational, I don't hold any stocks in his name even though it made my friends a lot of money. Kuch toh badbadh hai lekin dekhte hain aage kya hota hai
Well at least India is a more dynamic and high-growth economy than South-Korea so the ground is fertile for great debt-fueled growth and hopefully scaling the biz, stabilizing and paying the debt off in installments happens.
I don't particularly have great knowledge about his companies and their fundamentals though, need to research more about it.
Ya'll Nibbiars RoK was in similar situations as we are now so no differences. The no of the firms profits is thins here. And many one has seen drop in credit rating in recent years. So don't hope any miracles from the existing firms the new one will take and its a long strategy that can't work without any cash cows.
I'm scared for my job due to China only. I can't disclose alot but when I hear senior analysts and traders talking about how scared they are of their exposure to China it really worries me.
In one particular fund we brought down the exposure to junk real estate bonds from 29% to 14% even though they paid great interest rates due to risk totally overshooting our tolerance.
China is not looking good, I'm praying nothing major happens because it will FLIP the global economy on it's head and crush me beneath it. Indian Equity will crash almost immediately along with all other markets and there will be a huge capital flight back to the US.
Ya'll Nibbiars few days ago you got 15 percent hike and now worrying about job stability?.
In case of Adani most of debt is utilised to finance acquisition of companies such as media, cement etc. The debt is taken on pledging of shares which is a double whammy for this means the company does not have anything else worthy enough to wager that's why the promoter is offering the company itself to borrow loans. Debt utilised for capex expansions is good as in the long term the debt is repaid by way of higher sales giving in higher profits, earned through higher product sales generated from the capex expansion. Debt taken to buy other companies which may be in struggle situation themselves is not a good debt.
Ya'll Nibbiars this is just the start the situation is worth in many group firms.
15%? I got a lot more than that. Job is stable but if a huge wave comes the best of surfers will drown
Ya'll Nibbiars then why worry chills.
Baniya hoon isliye paise ki fikar rehti hai bro
View attachment 156472
Ya'll Nibbiars your worries are needless atleast you are 100 time better situation than me.
The GoI should prevent the sales proceeds of the cement factory from leaving India as a way to protect the lenders financing Adani's purchase of the company.
Ya'll Nibbiars Aap ki Finance kar do phir.
Ah yes, the paradox of self-worth in our society of rat-race.
We are all disappointments in some or the other way. During school this made me want to run away and become a monk due to all the pressure but thankfully I am sort of independent today, no telling what happens tomorrow.
Horrible things happen to good people all the time. I hope fate shines upon you.
Ya'll Nibbiars even in that condition you would be in better conditions than me.
IMO,
Govt need to control adani.. He is flying way too high... Read in today that he is foraying into health diagnostics as well...
The subsidiary, Adani Health Ventures Limited, will carry out the business of healthcare-related activities including the setting up of medical and diagnostic facilities, an exchange filing said.
www.google.com
I traditionally stay away from stocks but would avoid any MF Invested heavily into adani fella...
Ya'll Nibbiars you are late by one day late Latifahs.
Nope.. I am on the spot... No Adani exposure. In any of MF I own... ... See below
View attachment 156479
Ya'll Nibbiars it's already done.
The subsidiary, Adani Health Ventures Limited, will carry out the business of healthcare-related activities including the setting up of medical and diagnostic facilities, an exchange filing said.
www.moneycontrol.com
A subsidiary called Adani Health Ventures will commence its business operations in 'due course', says conglomerate.
www.business-standard.com
