In other words, Buy when PE is high (Distressed earning) and sell when PE is low (earning peaks out).This I have learnt from Jiten Parmar sir.
Posts in category Value Pickr
Geekay Wires Ltd (13-12-2023)
Why do you say so?
This is the auditor –
Not to be confused with this auditor –
http://www.ssjco.in/resource/home.aspx
Rural Elect Corp (13-12-2023)
NIM is 4% average of last 3 years as published during the IPO.
NIM that of REC PFC is 3.42 to 3.46 % .
But that does not explain so much difference in valuation.
Even 40% portfolio of emerging RE which IREDA has no competition does not explain such huge difference in valuation.
I can only say that it is an euphoric move by investors on renewals plus all PSU stocks getting re-rated. Market perhaps discounts PM Modi’s re-election in 2024.
Discl: Disposed off IREDA which I had got a small allotment in IPO and shifted the fund to PFC / REC where I see a lot of scope for catch up.
This is not a buy sell recommendation. Please do your own assessment before you invest.
PSU stocks have inherent risk of frequent Govt policy changes , elections ahead
Glimpse of my PF. Is it too risky for a newbie like me? Please provide your valuable feedback (13-12-2023)
Make a spreadsheet & add columns for % of allocation, what triggered the investment & what is the exit strategy. Without these details, it looks just like a lucky dip.
Methanol Engine (13-12-2023)
Cost and forex can be another reason to push it. Ofcourse availability / manufacturing capacity will be a factor as well.
India is net importer of methanol.
Rural Elect Corp (13-12-2023)
Interesting, does someone have the NIM% for IREDA I could not find it.
AGI Greenpac- on the cusp of growth? (13-12-2023)
@01_Sandeep_Ahir I could not find any negative news on the company so far…Even no bad news on the company’s aquisition.So hopefully profit booking is what led to this.
Maybe the rally has been due to soda ash price fall.
(Disclaimer:Invested)
I have added on dips.
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (13-12-2023)
Huge volumes traded today. More than 10% of total shares. Any idea who’s buying?
Methanol Engine (13-12-2023)
Methanol/ ethanol technology in IC engines are as old as 50 years.
But the point is the process in which methanol is made ?
is there any carbon emission?
For example if it is made from Coal or Natural Gas , then it is not sustainable and there will be no takers.
But if there are other process which does not involve carbon emissions , then there will be many takers.
PI Industries – Superior Business Model (13-12-2023)
some important points from it and CNBC interview management gave.
- China already has some capacity.
- Patent expiring in 2025 and beyond in different countries at different time. China patent has already expired.
- Rainbow Agro is third largest pesticide company in China. It should take some time to put up plant and stabilize it.
- PI has very diversified portfolio.
As per PI Ind Pyroxasulfone still in growth phase, even chart suggest that.
Is PI making it for Kumiai Chemical Industry? there must be many partners making it for Kumiai!
Disclosure: invested