Not exact matches
Last year I wrote
on Suven Life Sciences, also I did some secondary level maths to get a sense of returns an investor could get buying the business at then market cap (~ 2000 INR Crores or 400 Million USD) and exiting in 2024 See Snap shot below The base case CAGR didn't excite but reading management commentary compelled me to take a tracking position in model portfolio Over to this year One
thing in AR gave me a Jeff Bezos moment For the first time management was sounding
optimistic (this is coming from a management which is very conservative
on record) Emphasis mine Management
views on past Despite having grown the business every single year across the last five years, our business sustainability has been consistently questioned.
Despite these concerns, we also entertained the notion that
things could turn out surprisingly well — even better than our cautiously
optimistic view on the outlook.
Maybe your feeling is based
on a somewhat
optimistic view of what the team is capable of with a little more weight given to the most recent games rather than the first couple where
things didn't look good.
From the success rate of the statistics point of
view is still relatively
on a more
optimistic side of
things.
On the
optimistic, humanist
view, however, more energy is a good
thing precisely because it frees us from such limits which invariably result in suffering.