It can create phenomenal wealth ahead, COVID put them a few years behind in expansion. With new model of asset light partnering with real estate players they can cover manyillion.okus cities in years ahead, possible demergers add bonus , mega trend with most. More imp most picks of Porenju go on to be one phenomenal wealth …key is hiding for long term, I will for years and decade too as long as thesis is intact …good luck everyone
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Hi
Couldn’t get the point of possible demergers, could you pl elaborate ?
They have four verticals, once scale is achieved then one or more may be demerged, long term value creation many ways
What are the four verticals?
pl see their investor presentation which they update every quarter
if by verticals you mean
Residences for seniors, Care at home etc. Why would they ever be demerged as they are all interconnected and catering to the same group of people. Usually when the company has different businesses under the same group, thats when demerger happens
Annual Report for the FY 2022-23 is available now. Please refer below link;
https://www.bseindia.com/xml-data/corpfiling/AttachLive/b3a7d008-0fbe-4bc3-b241-348bc5eebf8d.pdf
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Key points from report highlights bright future ahead…The company is in advanced stages for finalising new projects in Gurugram and Bengaluru where preliminary key terms have been agreed with respective developers. We are also aggressively scouting opportunities in other geographies, such as Pune, Goa, and Chandigarh. deepening our presence in Delhi-NCR, we plan to enter new geographies. This expansion strategy will likely involve launching 8-10 senior living communities and 2,000+ beds in Care Homes and Memory Care Homes across North, West, and South clusters
Of the 20,000 senior living units in India, about 55% are operational, while the rest are in various stages of construction. The demand – pegged at about 240,000 units – is almost 12 times the available capacity
it is also exploring possibilities to build digital assets to service senior specific needs - This suggests an intention to leverage technology and digital solutions to enhance the overall experience and well-being of seniors. White labelling of medical equipment to improve margins- This strategy involves branding medical equipment manufactured by other companies under Antara’s name, allowing for better control over costs and higher margins.
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The report also said, the competition may be intensified as other players entering the segment and the business as such as low entry barriers. So I guess, competition is a clear watchout going forward.
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Summary of the events
- Article claiming promoter stake sale was published by WallSt on 9th Sept - Link HERE
- Management responded on the same day & communicated via exchange by n+1 day - Link HERE
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Management has released a new investor presentation today, Please refer following link for details:
https://www.bseindia.com/xml-data/corpfiling/AttachLive/2d67ecef-e621-468d-ad74-40446a8c4284.pdf
Slide decks 44 to 53 has some interesting snippets about their new tech platform AGEasy and its future potential. This seems to be an interesting development for the Bizz.
D: Invested, Biased.
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Thanks
Can anyone from Delhi scuttlebutt at their AGEasy health studio in Delhi ?
Up & running @ 1/F, K-1/84, K-BLOCK, C.R. PARK, NEW DELHI - 110019
Watch seems interesting, they should do digital marketing.
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On 3rd September, we hosted our first Knee Health Check-up Camp in CR Park, Delhi, to help seniors with knee pain. We were joined by more than 80 seniors in our camp.
AGEasy By Antara
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AGEasy Knee Health Check-up Camp pic.
Another funding news from Senior care / Elder care sector. Existing investors list is quite interesting & just highlights where this sector is headed in the long term.
Age care labs portal has some interesting snippets about senior care sector, link below;
I feel Max India is also headed in the right direction as per their quarterly concall updates + work in progress so far.
D: Invested & biased.
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Absolutely agree, tone of today’s cancall was also Bullish
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