Lord Beerus

💵 Dividend Stats Update – Q1 2025 So far, I’ve received 50 dividends, and Alhamdulillah, the total dividend received has crossed 1 lac. I made some major reallocations during this quarter. QoQ dividend has decreased as some major holdings didn’t pay dividends this time. 🧵

@WealthWise15992 In the last CBS they mentioned that their margins incorporate the financing required for working capital. Also this is common in this type of businesses

Tundra (a swedish asset manager) has a significant investment in Airlink, and I believe Mattias Martinsson, the CIO has very high level of conviction in the secular trend. No doubt the secular trend is present in Airlink but I feel the business of Airlink requires substantial working capital, the trade receivables take longer to recover. The ratio is around Rs. 1.16 of current assets for Rs.1 of current liabilities, they have enough to cover liabilities but I believe the working capital ratio is on the lower side for my comfort level.

The Secular Trend Inside EngroH: -Some of the best long-term investments are built on secular trends. -A secular trend is a long-term structural change in an economy, industry, society, or consumer behavior that continues for many years, often decades. -It is not a short-term cycle or temporary theme -In Pakistan, one clear example has been the Islamization of banking. -#MEBL became the biggest beneficiary because it was positioned early, executed well, and rode a long-term shift in customer preference, regulation, deposits and financing demand. -I feel EngroH’s tower business could be exposed to a similar secular trend. (a)More smartphones. (b)More data usage. (c)More 4G. (d)5G rollout. -All of this requires telecom infrastructure. -Cell towers are long-duration assets with recurring, lease-like cash flows. The real upside comes when tenancy ratios improve, because the same tower can serve multiple operators. That creates operating leverage. -The market may still see EngroH as a traditional conglomerate. -But I think its tower business could become a major value driver over time. -Just like Islamic banking created a long runway for #MEBL, digital connectivity may create a long runway for tower infrastructure. That is why I am bullish on EngroH’s tower business. Which other secular trends can you identify in Pakistan? #PSX #KSE100 #STOCKMARKET

@iamlaeeqahmad @sarmaayapk Laeeq bhai, why doesn’t Sarmaya have a brokerage service yet? You could offer products based on portfolio size and cross-sell ZAR + other services more effectively. Portfolio tracking on ZAR would also be much easier with direct API integration into your own systems.

We at @sarmaayapk are doing this for free. In last 8 years I have never seen any broker , AMC , regulator or Government coming forward and supporting us for what we are doing Now there is a special fund to do the same … and I don’t know what they are going to do with this fund New accounts already crossed half a million. People are finding their way out of the miseries they are facing because of poor governance.

@FireThroughPSX ICL, AIRLINK, GCWL

So guys, I'm again in similar situation as last year. I'm searching for stocks with a potential to double from current levels. Need suggestions on which are under-discovered stocks that I should study?

Reason I pay for internet

@AAHSoomro So, I have found a new house to buy. The price is same as same as our current house. We can sell our house and put that money in income fund or dividend stock like MEBL FFC. And pay instlmnt from dividends. Eventually at one stage we will have more div then inslmnt.

@BeerusSamaaa No. The idea is to use it for personal use.

🏠 Breaking News: Government Announces PKR 10M Housing Loan at 5% — A Rare Window for Homeownership A significant policy shift: the government has increased the housing loan limit to PKR 10 million (≈USD 36K) and reduced the markup to a fixed 5% for 10 years. This compares favorably to the previous scheme: Loan limit: PKR 3.5M → PKR 10M Markup: 8% → 5% (fixed) Additionally, eligibility thresholds have been expanded: House size: 5 Marla → 10 Marla Apartment size: 1,360 sqft → 1,500 sqft 👉 This materially improves access for lower- and middle-income households, creating a more realistic pathway to homeownership. 📊 Why this is financially compelling Market mortgage rates (KIBOR + 3–4%) ≈ 14–15% Rental yields in Pakistan ≈ 4–5% PKR depreciation (20-year avg) ≈ 7–8% annually At a 5% fixed rate, this effectively becomes: ➡️ A below-market borrowing cost ➡️ A partial hedge against inflation and currency depreciation ➡️ Comparable to—or even cheaper than—rent in many cases From a macro lens, this resembles a negative real USD borrowing cost for an asset class that historically preserves value. ⚖️ Policy perspective While the new limit is lower in USD terms compared to ~USD 62K during the 2021–22 scheme (due to PKR depreciation), the cost of financing is meaningfully lower, which improves affordability. A potential enhancement: Introduce a PKR 20M tier at ~9% fixed, targeting upper-middle income segments ⚠️ Execution challenges Documentation gap: A large portion of the population earns in cash and may struggle to qualify Supply-side constraints: Limited availability of compliant housing units Developer alignment needed: Embed subsidized financing into installment plans Incentivize first-time buyers and women borrowers Standardize documentation and pricing transparency 📈 Macro impact Despite ongoing pressures from elevated oil prices, this policy could: Stimulate construction activity Drive demand across cement, steel, glass, tiles, cables, and paints players listed on PSX Provide a counter-cyclical boost to the domestic economy Bottom line: This is one of the most attractive housing finance windows in recent years. For eligible households, it may be worth acting early—policy continuity in Pakistan is never guaranteed. #Pakistan #RealEstate #HousingFinance #Investment #MacroEconomics #Construction #Policy #PSX

@AAHSoomro Like is it even legal to rent out that house? Am I missing something here? This seems like the easiest financial decisions (too good to be true), of course rent and other expenses can vary but still it's a good deal

@BeerusSamaaa Lord Beerus. This is the only free lunch on the table. Check your bank if there is prepayment penalty after a certain period. Rent goes up yearly. Installment is flat.

MEBL delivering smart deposit growth 💡 📈 Total deposits: +10% 🔺 Current accounts: +16% (free ka pesa) 🔻 Expensive fixed deposits: -8% 📊 CA mix jumps to 51% (from 48%) Lower cost, better quality funding — exactly what you want to see.

@4ValueInvestor Thoughts on recent results, and future outlook?

Just wrapped up a detailed research report on Airlink (PSX) as committed maybe a bit late for those Interested. Valuations are attractive but this report is less about a stock call and more about the business itself. I’ve covered its story, market position, operational drivers and the various aspects shaping its future opportunities/ risks. If you enjoy understanding a company beyond the ticker symbol, I hope then you’ll find this worth your time even if you have to just takeaway a single line. whatsapp.com/channel/0029Va… linkedin.com/posts/value-in… community.kahloon.com/c/market-repor…

@aswbrgr @TalhaEjaz07ee Maybe it's priced in, I am just sharing another perspective

@BeerusSamaaa @TalhaEjaz07ee But we were told that markets are forward looking

It shows that I know nothing about the #PSX. Why it's not crashing? Was the rate hike already priced in? It seems like.

Buy Good Stocks with Good management with a long term horizon in mind for wealth creation. Ignore the noise Every 10% drop is a opportunity to increase exposure I would love to buy these stocks at a discount. MEBL, ICL, MLCF, AIRLINK, GCIL, ENGROH, ILP

@iamlaeeqahmad @sualehasif996 Gov Policy is hoping that Sualeh will send remittance back home. Akhir itna kamaya ha Kuch tu ghr walo ko bhi de ga

We are underestimating our own talent. Millions of Pakistanis left for better future and the government is happy because they are sending remittances from abroad @sualehasif996 secured 60billion dollar funding being co founder of cursor. Imagine a single person making same impact but from Pakistan. For that Government need to make policy level changes and incentivise those who dare to dream and make that impact

How it feels to be up 10% after portfolio was down 20% to start the year

@WealthWise15992 Putting $NATF at the top of my list right now. Watching $COLG slowly lose market share with sluggish earnings is painful. $NATF, on the other hand, is expanding, cutting costs, and the valuation makes a ton of sense.

#PSX Food & Personal Care Sector Ranked (April Quant Score) I screened PSX Food & Personal Care stocks using a composite framework based on valuation, growth, profitability, safety, and momentum. #PSX #KSE100 #STOCKMARKET

@TalhaEjaz07ee Insurance

PSX up like 4000 points. I am wickedly swamped in work so haven't even looked at who sold yesterday. But I am sure it was institutions burning through their clients money.

@najam_ali Even if the war ends today, spot oil is sitting at $140. Won't this inevitably affect Pakistan's economy in the long run? War or no war, we are still going to feel the heavy impact of higher global oil prices.

My assessment at this stage is that the actual war is effectively over. What remains now are the details of an agreement, which, by nature, will take time to finalize. Likely a few weeks. In the meantime, the ceasefire may need to be extended to allow space for negotiations to conclude.

@WealthWise15992 Chemical sector

Which sector should we analyze next? #PSX #KSE100 #STOCKMARKET

@TalhaEjaz07ee Is there any good term life takaful?

Is there any good car insurance in Pakistan? Does a unicorn like that exist in our country?