In April 20 the total Market Cap was less than 300 Cr.
Posts in category Value Pickr
Godawari Power – Any Trackers? (22-06-2024)
AGS Transact Technologies Limited – Interesting valuations (22-06-2024)
Hello,
In the below tracker, I have started tracking important company goals for AGS Transact.These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
- Verification Link: A link to see where I got the information about the goal.
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below:
Full tracker attached below:
Tracking Company Monitorables-5.xlsx (124.6 KB)
Hitesh portfolio (22-06-2024)
@sreejithc1989 When buying it is generally better to give more weight to fundamentals because valuations are cheaper when we buy.
If we have bought correctly and the stock has gone up, over time, due to a mix of EPS growth and PE rerating, then usually it is better to give more weight to technicals because our biases tend to make us value what we own, higher than what they are actually worth in the eyes of somebody who doesn’t own that stock. And thanks to rerating, valuations often go to absurd unsustainable levels. Hence one can give more weight to technicals and less to fundamentals, when selling.
That being said, often times technicals can be misleading and one needs to have a lot of fundamental conviction to be able to hold the stock when the charts aren’t looking very good.
To cite an example, Usha Martin had gone to ₹370 levels in Sep 2023 and had been consolidating between ₹270 and ₹370 levels for close to 8-9 months. Like everything else in life, context is important. This consolidation was happening when a roaring bull market was on and sectors such as railways, defense, PSUs, renewables and many other sectors went up like crazy and in many cases multiplied investor wealth multi-fold, leading to opportunity costs for those who held on to Usha. Meanwhile Usha went below the sacrosanct 200 DMA level during the March 2024 correction before breaking it’s all time high levels 2-3 months later. My guess is, future returns in Usha will more than make up for the long consolidation phase, because the co. is eyeing global leadership in some of the segments that it operates in.
So fundamental conviction was a must-have during that drawdown in Usha, in order to be able to enjoy the subsequent rally.
All said and done, selling at the right time can be difficult even for best of investors and multiple factors such as availability/non-availability of better opportunities, market phase (bull/bear/sideways), exit valuations, risks in the story, etc. come into play.
Transformer & Rectifier India Limited (22-06-2024)
Company updated -
Gift of share - from promoter to another director(may be relative to director?..not sure) ~9% changed hands within promoter group. >https://www.bseindia.com/xml-data/corpfiling/AttachLive/4f0f7732-d42b-45de-a2a6-1cf1fb1cc601.pdf
I think it might not be important with respect to performance of company or stock ! if anyone has came across such “stake gift” and can share their experience with similar transaction ?
Ishaan’s Longterm Portfolio (22-06-2024)
Hi
Thanks for sharing this detail. I am unable to figure out how to save myself when fat finger trades cause market distortions.
For example if the intrinsic value for an option I have sold is 10 rupees, but for a few minutes during the day the options starts trading at 10p. Now if there is sufficient liquidity in the market then my stop loss would get triggered. But if the market is illiquid then I would get a margin call from the broker. I have read a few such cases happening on Indian exchanges over the past couple of years. How can I protect myself in this situation?
DIY Momentum QnA and Discussion (22-06-2024)
We’re discussing various momentum strategies on this thread, including @visuarchie’s specific momentum strategy. By evaluating different strategies, backtesting them, and analyzing their results, we’re aiming to find the optimal approach to momentum investing.
Hitesh portfolio (22-06-2024)
Hai sir …I have started using technical analysis to decide when to sell my stocks. However, I’m not sure whether I should prioritize technical analysis or fundamental analysis when using both together. Additionally, I need advice on what to do when the entire market is going down, and some of my fundamentally strong companies also show sell signals based on technical analysis. How should I handle these situations?
Samhi Hotels – Turnaround with Tailwinds (21-06-2024)
On a very conservative basis, I think they can do atleast 425cr of EBITDA (without accounting for any expansions and only assuming 10% RevPAR Growth