Business of up coming decades - Selan Explorations Technology

Since 2011, after reading the "The Third Curve" I was in search of that kind of set up.

Narrowed down to Vedanta but that is lead by one of most Greedy face of India so ruled out it. ONGC, NMDC were other options but did not fit the bill plus PSU culture is damn issue.

Finally came - Selan Explorations Technology with new team from  Blackbuck Energy Investments Limited,  owned largely by Oak Tree Capital, and they also have a controlling stake in Antelopus Energy Private Limited in India.

And my search for a purely natural energy security play ended. Taken exposure and intent to hold for next 10 years at least if things pens out as thought about.

Disclosure - I may sell anytime based on any negative developments or better opportunities if it comes and will not update here, so if you are taking any call, kindly do due diligence. This is just a my diary kind of blog.

Business DNA in oneliner Series - 1 - Praj Industries

Praj Industries - We spent 100 hours to understand Praj, talking to management, listening them on different forums webinar like industry, education, alumni meet and so on.

So before concluding the gist in oneliner, there is a story of deep thinking and hard work.

We will tell the story sometimes later.

Praj DNA - "A super powerful 10000 cc engine (Praj Matrix) fitted into ambassador car. ©"

Disclosure - Oneliner intent to understand DNA, not taking away any negative view about prop/brands/subjects mentioned in the statement. Like the sufi owl says - See the moon, do not catch the finger pointing to it. Before quoting the oneliner, kindly take the permission from us.

RE - The one of the oldest asset is awaiting it's Tesla moment and so the perfect sector for 100x

Real estate awaiting it's Tesla Moment: 

Pain Areas:

1. It's seller's market
2. Legacy construction technology
3. Time is luxury here - Approvals, Development and point above all takes time beyond patience
4. Transparency - Govt as devil - Weird registry process - Black money - Title and records
5. Millions novice nonsense non professionals brokers - Adding Minus Value

Every point invites here - Disruptors.

So the opportunity for stakeholders, 100x in the sector in next 10 years.

See 2 Mega Trends -

• Prop Tech - To address point 1, 4 and 5
• Construction technologies - to address 2, and to a extent 3 point above

Prop Technology:

• Aurum PropTech - Listed and very interesting
• Square yards / NoBrokers - Upcoming IPO
• IndiaAssetz - In Startup phase

Construction technologies:

• Modulex
• To be added

What else?

Softwares are eating the world

Softwares so far has made life so easy for Homo Sapiens. From Caves to Hunting to Agri to Fossil fuels /Coals/Natural resources driven - Industrial era to IT and now AI Era, we have evolved a lot so far tools of growth, ease of life and consumption (mindless?) is concerned. Probably time to talk on negatives impacts as well.

Softwares, automation and so the AI are getting dangerous day by day. Millions retail customer using them, losing values in small amount in many transaction, data privacy, wrong work-flows (can be called misbehave) for which is there is no accountability set. Amount being less, no one bother much but cumulative this turns into big amount as well, think about it.

I have so many experiences of software running firms like brokers, Insurance, banks and others, where misbehave/bugs in the system (or may be by design) leads to losses for retailers (Losses always consumer side) and mind you, their internal escalations never works. We can not expect them to design system which have odd in favour of their Consumers, so they behave like Casino.

I have reached up to IT heads, Retails head and sometimes CTO/CEO. They accept bugs/bad design/misbehave but who have ultimate responsibility of capital losses? They never have any clue on this, simply they are not incetived rightly (regulated) to be accountable. Most CEOs job is to show PROFITS, rest comes later or never.

Somehow in Banks, Insurance - regulators body works still satisfactory. One can visit bank, Ombudsman or IRDA, but Brokers, Services providers, Retailers - they have no Mai-Baap. SEBI, Consumer portals are just dumb listeners like talent managers in Corporates. Toothless animals.

Questions comes - Who certify their softwares, who does auditing of behaviour of softwares? What is mechanism to watch misbehave (bugs is small part of it) of machines/softwares?

Its big danger virtual world out there, and going to be dangerous more and more. Homo Sapiens who are least bother about their own accountabilities (Looks at climate danger which could lead to end of this Species, still there is no sincere efforts been put up cumulatively), developing another breed of Species as software/machines/AI which has no defined set of rules to set accountability or regulated, leave aside its brutal nature of ruthlessness.

It a wake up call. God save us all from us!

India - Who Are We - A painful tale of a Nation who is in search of itself.

Govt commentary and accepting that we are now 5% growth GDP is worry for everyone now, because we need 12% GDP to make 5T Economy in 6+ years. This will put lots of pressure on Govt to reforms. But India has its own issues of diversity, population and anti-national elements which wanted to destroy any chance to grow the nation. It is really disheartening to see that this nation's exFM Chidambaram destroyed best IT product this nation has ever developed called MCX exchange. Congress was cancer to nation, while Modi-Amit more busy cleaning up the house. It makes sense because when we go outside of house to do business we make it sure house in order. Its hard to believe a few facts which I got that even Govt was looked sold sometime in the past. You read NCERT syllabus prepared by leftist ideology talks utter nonsense. We are brainwashing our kids? Its shame. I feel INDIANs are most irresponsible citizen. They are most hippocratic. They accept situation as destiny. New generation looks busy in selfies, social media and weird hair style. Still I feel bright spots will emerge and Gen Y will lead it. They are new hippies. I have a lot to talk but some other day. Probably will write a paper.

We are a Nation who lost its PRIDE centuries ago. We are manipulated to think ALL IS WELL, Accept shitting Infra as realities, Accept no digital infra as normal signal issues, Accept highly inflation real estate as destiny, Accept 12-15% cost of capital as normal, Accept third class education with super class price as normal, Accept that we are less civilized than west in culture, Our most lands are all in mess in title issues, Our courts are full of cases and justice is most corrupt system, Accept traffic as a way of life, and live third class life in India. We have sold media, We are third class in quality of issues which discuss among ourselves, We are highly biased to self interest, We hardly think beyond ourselves, Our Public sector banks are scam of political parties. We are more concerns and can easily divided by our caste, religion. We are taught to be shameful on our culture, identity.

I have one single point way to judge media. Tell me, After watching it, Would you feel PRIDE as Nation? Nope! We have 100 good news and 10 bad news, but its all selective journalism. 

It's not our media. Yes, show realities, but whose hunger will go away from watching issues related Mumbai-Delhi as these journalist stay there? I hardly see anyone covering north east , remotest places of India where real problems cripping in?

We still grown as Nation. Not because of some Govt , but despite them.

I feel We must file a case against all nations who looted us. Let those so called developed & highly civilized nations realized - how badly they looted us? How they destroyed our identity, wisdom and education in planned manner. They destroyed our culture so society so family so we can be divided and ruled.

People change, Govt change which brings change. Its cycle. So we need to change. Things will be difficult in the future and we need to be prepared. We desperately needs some great visionary and we need to stand with him/her. We believe in Avatar, awaiting Kalki to sort out our issue. As we united behind someone, let's figure out who that can be from society today.

I feel we are blessed with one such fellow is Dr Subramanian Swami. He has divide blessing for sure, if you disagree, attend his session you will feel vibes. He is crusader against corruption, corrupts, hypocrisy, mediocracy, pseudo secularism, injustice, and the scam of feeling shame on our culture, identity and pride. He has a great role to play in the future, and if given and we support, We will be entering into golden era. My suggestion: talk about it around, stand above your normal habit of self interest, because if we will not, We will suffer huge. and next generation more, which we hardly think about.

Nation do not get developed by just GDP. Its needs to identify itself.

It needs to ask the basic question: Who are we! So the long journey can begin! 

Journey to regaining our old glory!

"Sone ki chidiya: the golden bird of the world!".

Jai Hind!