We need to study Laxmi Dental works as it can be competitor for Vasa Denticity
Invested and Biased for Vasa
dr.vikas
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It’s a good company no doubt, but Vasa Denticity is an online marketplace vs Laxmi Dental being a manufacturer. With Smileworks there could be competition but other than that I am not sure
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Sir have you studied prevest denpro also recently it moved from sme to main board and almost in similar spaces though not exactly
And today’s news of KKR buying some dental lab chain in USA this space looks interesting
i guess we are reading too much into the review ratings…overall business model looks good and the valuation as well as overall revenue, profitability numbers are reasonable.
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Actually now we ‘‘will have to study’’ other Dental lab manufactures also as Vasa aka Dentalkart is entering into manufacturing business.
Now I will be slightly more cautious with the allocation of Vasa in my portfolio. Was planning for 10% but will now reduce it.
Personal Opinion
dr.vikas
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Waiting for your final analysis
If they have to expand their private label business sir, in house manufacturing is crucial for a high SKU, high customisation/control over product quality - no reliance on contract manfs as they have set MOQs - this allows them to calibrate the production according to demand fluctuation of individual skus. Although yes Yet to see the quantum of capex/r&d into this in near term, as long as they are taking it as a step function and not stretching a balance sheet a lot at once while their core biz also burns cash, it’s a good move for the long term
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Sharing the latest filing by Vasa
Invested and Biased.
dr.vikas
I’m new to studying this company and was curious to know more from people with direct experience. Does anyone here personally know a dentist who uses Dentalkart? If yes, I’d love to hear their opinion on the company’s products and service quality. Also, if anyone has insights into what distributors think about Dentalkart—whether they find it reliable or competitive.
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Hi, I just wanted to do an experiment to see whether we can blindly trust Mouthshut reviews and form an opinion about the product. I asked google which is the No. 1 brand in the world and searched for the reviews of the same in Mouthshut.com. You see for yourselves.
I know a couple of dentists who buy regularly from Dentalkart and have not faced any issue and are happy with their products. Although Vasa Denticity is becoming better and better, from an investment point of view, if they don’t grow as they have promised, then valuations seem stretched. Right now, the P/E of 50+ is factoring 30-35% growth per year or higher. If any drop in this growth, the valuations may correct. Waiting for Q4 earnings. Disclaimer: I am invested in the company for longterm and any drop in price and valuations become cheaper, I am planning to buy more.
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I also know a dentist too who uses DentalKart. He is happy so far.. i am invested.
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