Multibaggers Ideas

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

 

No

 

No

 

Is Avanti bearish? Is it not going to perform like past?

 

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

 

Today stock has gone for UC of 20% management issued clarification of business and also short covering is there

 

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

 

Thanks for this call booked profit today

 

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

 

Vinmech sir, plz post what to buy to recover from bhushan steel loss

 

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

 

Dolly Khanna recommend Prakash industries
Amit GuptaAugust 5, 2018 at 9:11 PM
Hello Dollyji. What's your view on future potential of Prakash industries

Dolly KhannaAugust 6, 2018 at 12:25 AM
It is good stock for long term investment with expected return around 10 -15% per year.



Reply

 

Hello vinmech sir , we are missing ur recommendations and tips.

 

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

 

100 % agreed.