120: It's just a power exchange
250: Electricity in India won't grow
300: It just makes 4paise per trade
350: MBED will erode it's profitablilty
500: Maybe what @itsTarH said about IEX = NSE + Zerodha was right
570: Buys IEX

#JourneyOfAPessimist

More from Tar ⚡

Open Question to fellow investors tracking Music Industry.

A business like Universal which controls more than 1/3rd of all published music globally is selling for less than 6x FY20 Sales.

Why are Indian businesses like Saregama / Tips selling for 11x, 20x their sales?

If I include all of the revenue generated by entire firm, its selling for ~4.5x FY20 Sales


Universal Listing Market Cap ~ 40 Billion USD
FY 20 Revenues ~ 8.87 B USD or 7.4B EUR

Catalogue of Music includes every international artist you can possibly name

Either Universal is grossly undervalued or Saregama/Tips are grossly overvalued.

https://t.co/aHzWSYtcUt


https://t.co/v0EMoCuYKX
All my Threads so far 🧵 👇🏼

The One with the Cash Flow Explained


The One with Free Cash Flow Explained


The One with Mutual Funds


The One on Laurus Labs

More from Iexinfo

#IEX


#IEX

● POWER MARKET SEES 8,997 MU VOLUME IN SEPT’21 ACHIEVING 59% YOY GROWTH
● Q2 FY’22 SEES 25,857 MU VOLUME ACROSS MARKET SEGMENTS WITH 57 % YOY
GROWTH
● IEX LAUNCHES VALUE ADDED SERVICES FOR RENEWABLE ENERGY GENERATORS

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