Milking the milk
Author: Its real ALPHA
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Recycling Journey
Protected: Where are we on NIFTY : ONLY for ALPHA LEARNERS
Rise and Rise of FDI : Destination is not India!
ALPHA TECHNICAL SETUPS 2-May-23
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Past setups
https://alpha-affairs.com/2023/03/13/alpha-technical-setups-13-mar-23/
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
Protected: Positional Stocks – 1-May-23
Japanese threat
Deep Digital
Strategic Engagements : KPIT
Electrolyser : Green Hydrogen
Mall-a-maal
Active clients reduction : One more indicator of bottom formation
Banking Mess : Its probably not over
Weakest breadth on record : One more indicator of bottom formation
KSM market : Medium Term Trend
ALPHA TECHNICAL SETUPS 24-APR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
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Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
Past setups
https://alpha-affairs.com/2023/03/13/alpha-technical-setups-13-mar-23/
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
Climbing up the river
Carbon emissions : EV vs ICE
4G to 5G
Hydrogen electrolyser : New trend
Air Traffic at infancy stage
Protected: Where are we on NIFTY : ONLY for ALPHA LEARNERS
Demat growth : Long term trend
India Inc –Derailing possible!
Chip wars Matinee Time!
Nominee
Protected: Positional Stocks – 16-Apr-23
GAME ON
M & E sector : Long term trend
Cost of EV battery cell
Its beyond revenge travel
Trough in tech demand
Protected: Portfolio building : Only for Alpha learners
Mega Trend : Biometrics
PAPA JOHNS : 2nd Avatar
Humanly impossible
ALPHA TECHNICAL SETUPS 10-APR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
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Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
Past setups
https://alpha-affairs.com/2023/03/13/alpha-technical-setups-13-mar-23/
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
Bulk approval to reactors
Also Read MTAR Technologies
Protected: QnA session : Only for premium
Protected: Premium Stocks : 8-Apr-23
Protected: Alpha Electric Portfolio — 7-APR-2023
Protected: Positional Stocks – 7-Apr-23
Strong PMI : will rate hikes continue based on this!
MF to FD : One more indicator of bottom formation
Time for Pendulum to swing back for EM
Lock-In opening soon
ALPHA TECHNICAL SETUPS 3-APR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
Charts are shared for educational/Study purposes
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Sample is shown below
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Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
Past setups
https://alpha-affairs.com/2023/03/13/alpha-technical-setups-13-mar-23/
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
No option but to cut rates!!
Sin of SVB
Protected: Positional Stocks – 1-Apr-23
Indigenization progressing
NBFC and HFC borrowing mix
Hourly rent : Disruption
IPO on hold : One more indicator of bottom coming soon
ALPHA TECHNICAL SETUPS 27-MAR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
Charts are shared for educational/Study purposes
Do your own due diligence before buying selling
Sample is shown below
Those who want to get associated for short term or long term for such QUALITY TECHNICAL SETUPS can drop me a message on alphaaffairsf2f@gmail.com
or followme on Twitter @alphaaffairsf2f
Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
Past setups
https://alpha-affairs.com/2023/03/20/alpha-technical-setups-20-mar-23/
https://alpha-affairs.com/2023/03/13/alpha-technical-setups-13-mar-23/
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
ALPHA Technical SETUPs Follow up
Follow up on Alpha Technical setups shared till now in last one month
All stocks shared publicly with mails/PDF in your inbox in last one month
Ignore typos if any
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Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
Protected: Positional Stocks – 25-Mar-23
Aatmnirbhar version : Hydrogen fuel cell Electric vehicles
Your thoughts are not your own!!
Li-Ion recycling
Protected: Improve the ODDS : POST only FOR ALPHA LEARNERS
ALPHA TECHNICAL SETUPS 20-MAR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
Charts are shared for educational/Study purposes
Do your own due diligence before buying selling
Sample is shown below
Those who want to get associated for short term or long term for such QUALITY TECHNICAL SETUPS can drop me a message on alphaaffairsf2f@gmail.com
or followme on Twitter @alphaaffairsf2f
Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
https://alpha-affairs.com/2023/03/13/alpha-technical-setups-13-mar-23/
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
5G networks investments
Forever Chemicals PFAS
QSR : Its not Quick profit to banks
Powell special Index : CPI
GPT-4 : new language model
2023: Cockroach startups
JSW foray in EV’s
Indian Ed-Tech industry
ALPHA TECHNICAL SETUPS 13-MAR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
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Do your own due diligence before buying selling
Sample is shown below
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Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
https://alpha-affairs.com/2023/03/06/alpha-technical-setups-6-mar-23/
ALPHA TECHNICAL SETUPS 27-FEB-23
Protected: Positional Stocks – 12-Mar-23
Consumer Durables : Long term trend
Neo Phoebus LED cartel
But Relevant question as a investor is –> WHO MAKES THE DRIVER!!!
Mega trend : Indigenisation of Defence manufacturing
BuLi CSM
Amazing signals from economy
As BAD as it gets
What are you focused on!! Investing
Protected: Red Flags : POST Only for ALPHA LEARNERS
ALPHA TECHNICAL SETUPS 6-MAR-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
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Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
https://alpha-affairs.com/2023/02/27/alpha-technical-setups-27-feb-23/
Protected: Positional Stocks – 5-Mar-23
Its Hydrogen decades ahead
What happened to China+1 : India
EL Nino and La Nina effect and stocks
ENSO cycle is important and more important is to understand where not to venture as Investor in such scenarios if El Nino effect takes place in FY24
Refractories are Essential
Energy costs in European Union
followup to earlier post –dream come true
Its a DREAM come true
pwd – platform
Its a DREAM come true
Disclaimer – Analysis is NOT a BUY/SELL/HOLD Recommendation. It can be used for educational purposes. There can be lot of things which have been missed in analysis either due to lack of information or oversight etc.. Do your own diligence & contact your expert financial adviser before making any investment decision.
Business
Dreamfolks in India’s Largest Airport Service Aggregator Platform. Company provides clients the option of providing their end consumers different mechanisms to access certain airport-related services like lounges and all the other services
DreamFolks platform is proprietary and has been developed in-house. The platform and the technology is cloud-based and it allows lounges and other operators to check the benefits of the consumers based on the cards, memberships, or vouchers, and also allows access to the different facilities based on the benefits or integration as per our clients, such as banks or networks, processes, and their systems
Company’s platform actually comprises of quite a few components. There is benefit configuration, there is benefit calculation, there’s an entire management engine, there are data exchange, APIs with different banks and networks, and integration options to embed into different mechanisms, including with company partners. Platform also facilitates the use of hybrid access modes depending on the client’s preference, so they can use whichever mechanism that is most beneficial for them. It also facilitates lounge access processes so that consumers benefit such things in real time across various access modes. And that drives accurate accounting and is designed to prevent abuse and denial of services to consumers
Major expenses are linked to employee compensation and in-house R&D expenses. And being an extremely asset-light company with a very lean organizational structure and size, Company don’t have any major capex needs or other outlays and Company seems confident of financing any future scale-up or expansion through internal accruals
Revenue mix
Current mix of the lounge versus other services 95% versus 5%, Similar margins
Seasonality
40% to 45% in the first half and rest in the second half of the year, due to the simple reason that the festivals and the holiday season kicks in only starting from August, September.
Coverage
100% coverage across all 60 Airport lounges operational in India
Market share of ~95% of all India issued card based access to domestic lounges in India (FY22)
68% share of the overall lounge access volume in India (FY22)*
Present currently in 10 railway lounges across the country and witnessed a steep growth rate with our modernization of railway stations happening at great next speed
Golf Games, Lessons and Railway lounges are new categories
This association will give customer access to golf games and lessons at 40+ golf clubs throughout India and 250+ golf clubs and resorts in the Asia Pacific region.
Price Realization on the blended basis is INR 940 approximately. Domestic is close to INR 840-INR 845. And internationally, that would be between INR 1,200 to 1,400.
Client 52 —Employees 60 –Nov 22 update, 64 employees Feb23
Touchpoints 1450 in Nov 22, 1486 in Feb23, might cross 1500 by Apr23
Touchpoints refer to a service fulfilment point at Airports across India and overseas owned by service providers with whom Dreamfolks has a contractual arrangement
Opportunity Size
Triggers
- Rising preference of Air Travel amongst travelers over rail and road
- Jump in India’ Ease of Doing Business – Enhanced economic activity
- Rising class of leisure travelers – 72% extend business trip for leisure
- Declining Air travel cost compared to AC Rail travel
- GoI push through UDAN Scheme – Increase Air Travel in Tier 2 & Tier 3 cities
- Increasing Credit & Debit cards base bodes well for DreamFolks – Key beneficiary from Bank led Card Loyalty Programs targeting Airport Lounge Access
- Domestic air traffic grew by ~16.7% in Q3FY23 as compared to Q3FY22.
- Strong growth of ~63.0% in domestic air traffic in 9MFY23.
- Witnessing 98 Mn footfalls in Indian Airports during 9MFY23.
- Credit Card base in India grew by ~18% witnessing 81 Mn cards as on Dec’22
Next phase of growth is centered upon three levers;
Cross-selling and up-selling to existing clients,
Acquiring new clients in existing and new sectors and
Via geographic expansion from a purely domestic focus currently to an international focus in pre-determined geographies.
With the existing clients, we aim to increase wallet share and expand our association beyond airport lounge services to include F&B, spa, meet and assist.
As regards new clients, we aim to expand into new sectors to create customer engagement and provide loyalty management solutions. Another focus area is to focus on customer engagement and loyalty solutions for corporate clients and build specific solutions for loyalty companies, ecommerce companies, new age digital companies, hospitality sector companies, and neo banks amongst others
Replication of similar successful operating model by leveraging deep knowledge of industry, technology innovation, process expertise and business model across new high growth markets which include Central and Eastern Europe, Middle East, Africa and Southeast Asia.
Recent developments
ASPIRE Lounges Australia – Delighted to tie up with ASPIRE Lounges Australia. With this partnership, air travelers can now experience exclusive luxury lounge access in Sydney, Melbourne, Perth and Brisbane as part of 66 Aspire Branded Lounges globally.
Dhanlaxmi Bank – Tie-up for access to Indian Lounges for their customers
FCM Travel – Corporate tie-up to provide their customers with domestic lounge access, Meet & assist and Airport Transfer Services
Onboarded 5 New Clients Including Akasa Air, one of the newest LCCs in India
Lounge area and capacity expansion at T3 Indira Gandhi International Airport, Delhi from 2,500 sq ft to 10,000 sq ft.
Added Lounge at Bengaluru’s KempeGowda International Airport, T2
Strategic tie-up with the leading Golf Service provider for access to golf games and lessons at 40+ golf clubs throughout India and 250+ golf clubs & resorts in the Asia Pacific region.
Strengths
MOATS
Company is is getting into exclusive contracts with the lounges.
In terms of the technology company is deeply integrating with banking partners. So that is one of the strong points because the step of integrating with these clients itself is a very long process, And there are a lot of compliance as well.
Value added services:- airport meet, assist in transfer, golf, railway lounges not easy to start and pickup by competition
Amazing aspect is almost Nil CAC
Risks
RBI may reduce the MDR rates on credit card companies so going forward, what credit card companies also have indicated that if this were to happen, and they will reduce rewards and services they offer to protect their margins – that will negatively impact company business in short term
International lounge vs domestic lounge traffic can change margin profile on either side
Any situation like Covid can again lead to bad times for company
UPI payments can pose a small risk
Competition like Priority Pass etc –this risk is somewhat mitigated as competition have been in this market and they
have been the global player across for more than 30 years now. So, in their presence, Company have actually taken away the India share from them
IMAGES FROM INDIAN AIRPORTS over last 10 months showing lounges are high in demand, runway are back to back lined up with airplanes signifying air travel increasing and travellers interest in lounges also increasing–so Increase in travelers and increase in interest of traveler for lounges can be huge tailwind in coming decade 2023-2033
Disclaimer – Analysis is NOT a BUY/SELL/HOLD Recommendation. It can be used for educational purposes. There can be lot of things which have been missed in analysis either due to lack of information or oversight etc.. Do your own diligence & contact your expert financial adviser before making any investment decision.
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Can you afford to miss this EV mega trend!!
China and 2000’s EV start
ALPHA TECHNICAL SETUPS 27-FEB-23
Started a new Segment ALPHA TECHNICAL SETUPS on weekly basis
Charts are shared for educational/Study purposes
Do your own due diligence before buying selling
Sample is shown below
Those who want to get associated for short term or long term for such QUALITY TECHNICAL SETUPS can drop me a message on alphaaffairsf2f@gmail.com
or followme on Twitter @alphaaffairsf2f
Approximate commitment of 20 high quality bullish setups every month (approx 4-5 every week)
Protected: Positional Stocks – 26-Feb-23
Drones in hills
QSR : Impact start showing up
Looks better to stay away from QSR companies like Sapphire, Devyani, Zomato, Jubilant food
Dated 25-feb-23
Dated 25Apr-23 –Decision paid off well –even in the recent rally , these stocks did not run
Time is coming to accumulate slowly after one correction
Social Stock Exchange
Default settings : Short term performance
SAF market
Biofuel, Decarbonization, Aviation, Import saving, greenhouse gases, SAF
SME : Export engine
Semiconductor supplies : Its a mix situation
ALPHA AFFAIRS 