Multibaggers Ideas

Discussion in 'Stock Picks Of Wizards' started by vinmech, Oct 28, 2016.

  1. Shekath

    Shekath New Member

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    Sir holding Avanti @ 2100. Can I average at bottom?
     
  2. vinmech

    vinmech Active Member

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    No
     
  3. vinmech

    vinmech Active Member

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    No
     
  4. Shekath

    Shekath New Member

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    Is Avanti bearish? Is it not going to perform like past?
     
  5. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    There is problem with whole sea food sector.

    Growth in seafood exports may drop to 17-18% this fiscal: Crisil

    KOCHI, MAY 10 Increasing shrimp supplies in the backdrop of slower offtake from the US coupled with the impact of anti-dumping duty may dampen India’s seafood exports in 2018-19, after two years of robust growth. According to a Crisil research study, growth in seafood exports is likely to drop to 17-18 per cent in 2018-19 compared to 21 and 31 per cent in the previous two fiscals.. The growth by driven by a supply crunch in other producing countries such as China, Vietnam and Thailand due to early mortality syndrome in shrimps. According to the Crisil report, following higher production of Vannamei shrimps in India and other key exporting countries, sluggish purchase from the US, a major importer, could crimp export realisations in dollar terms and the figure is expected to fall 10 per cent in FY19. However, a steady volume growth at the rate of 20 per cent in the past couple of years and expected depreciation in the rupee will limit the impact. The US is the largest importer of Indian shrimps clocking a CAGR 26 per cent in the past five years. However, realisations from the US have started to taper off due to inventory pile-up cause by an extended cold spell. International shrimp prices continue to drop. Starting with a 7 per cent drop between December 2017 and February 2018 they fell 11 per cent in March and are expected to fall further. The report also observed that the US decision to triple the anti-dumping duty on India will impact exporters’ rather than volumes. Indian exporters could be indirectly hurt more in the near-term by a hike in the duty on Vietnam seafood to 25.39 per cent from 4.8 per cent. Vietnam, the second largest market for India process and re-exports seafood to the West.

    https://www.thehindubusinessline.co...-17-18-this-fiscal-crisil/article23840643.ece

     
  6. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Today stock has gone for UC of 20% management issued clarification of business and also short covering is there :)
     
  7. raman dass

    raman dass New Member

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    vinmech sir, plz enlighten us with fresh stock buy now. thanks
     
  8. IAS

    IAS New Member

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    Thanks for this call booked profit today
     
  9. penguhooks

    penguhooks New Member

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    Hello Vinmech sir,
    Please share some investing ideas, it's been over one month.
     
  10. raman dass

    raman dass New Member

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    Vinmech sir, plz post what to buy to recover from bhushan steel loss
     
  11. shakti khanduri

    shakti khanduri Active Member

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    This is harmful mindset. Think without being influenced by the loss incurred.
     
  12. visitkumaresh

    visitkumaresh New Member

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  13. Shekath

    Shekath New Member

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    Hello vinmech sir , we are missing ur recommendations and tips.
     
    Srouta Mukherjee likes this.
  14. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    It is not real dolly khanna stock website IMHO. Better to be careful.
     
  15. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    100 % agreed.
     
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