Hi-Green Carbon Ltd.
A recent SME IPO that caught my eye because of impressive ROE figures being reported (60%+ in screener).
RHP - https://www.higreencarbon.com/images/prospectus/RHP%20-%20Hi%20Green%20Carbon%20Limited.pdf
The company is in space of recycling tyres through pyrolysis, that yield recovered carbon black (used by tyre companies), steel (from the wires in tyres), fuel oil and sodium silicate. All of the products from pyrolysis can be sold to other industries, with minimal environmental impact.
Now, pyrolysis alone is inefficient. Company supposedly has a patented process that is more efficient....
Education of an Investor
This post is to put up a reading list of what should be read (AND understood) to become a direct equity investor.
General Discussions
This is a place for short / non-specific discussions about constructing portfolio or researching about companies. Serious stuff only!
IRFC
Case Study on IRFC | Fundoo Professor https://fundooprofessor.wordpress.com/2023/12/08/case-study-on-irfc/
Chamanlal Setia Exports - best effort DD
This is an attempt to create a due diligence post that examines a company from various aspects, and attempts to capture the investment worthiness of the company over time, not just at time of writing.
This particular post/comment will initially draw up a blueprint to analyse the company, and will be supplemented with more follow up comments until breadth+depth is achieved.
Let's start with analysis of the financial statements....