On the quoted equity holdings that it has, what kind of discount is UB Holdings already trading at?
If I see the entire enterprise value, it is approximately Rs 2,500 crore and they have quoted equity of Rs 5,000 crore. They are roughly trading at 0.5 to the enterprise value. Now given that McDowell and other stocks have got tremendous potential and the company yesterday only, the management spoke about UB Spirits. There are a lot of free cash flows that the company is about to generate. Its just a pickup for the company. These companies are all primarily owned by UB Holdings in very large chunks. In fact there are couple of unlisted players, unlisted items that attract us from longer-term perspective one of them being UB Sports. Nobody knows what exactly could be the value once these stocks generate positive cash flows. Q: Shree Ram Mills is the other stock you are bullish on. What is the story here and what valuations have you worked out for it? A: Shree Ram Mills is available at a mouth watering level. The company marketcap is roughly Rs 450 crore. They are about to sell Rs 2,500
