CARE downgraded IBHL from AA to AA-. CARE rightly pointed out the high cost of funding issues in the company.
Posts in category Value Pickr
Indiabulls Housing – A compounder from here? (10-10-2023)
CARE downgraded IBHL from AA to AA-. CARE rightly pointed out the high cost of funding issues in the company.
52 week highs and all time highs strategy (10-10-2023)
Shivalik Bimetal cmp 517. Stock price is poised at a neckline of a potentially bearish head and shoulders pattern in the daily charts. It is also taking support at 200 dema. It is also close to previous peak level of 507. And within consolidation range of 480-520 which also happens to be the right shoulder.
Now comes twist in the tale. 
Previously also similar situation happened in Jan 2023 when stock price broke down below neckline of a bearish head and shoulders pattern which was formed back than… Stock price took support at around 360-370 which then was the 200 dema. And then it reversed to quickly race to around 750 within quick time.
Will history repeat itself ? FAILED BEARISH PATTERN LEADING TO A STRONG RALLY? Lets see. Or will the pattern play out and can we see a fall? Very interesting situation.
I don’t have position on the stock, and just watching for academic purposes.
52 week highs and all time highs strategy (10-10-2023)
Shivalik Bimetal cmp 517. Stock price is poised at a neckline of a potentially bearish head and shoulders pattern in the daily charts. It is also taking support at 200 dema. It is also close to previous peak level of 507. And within consolidation range of 480-520 which also happens to be the right shoulder.
Now comes twist in the tale. Previously also similar situation happened in Jan 2023 when stock price broke down below neckline of a bearish head and shoulders pattern which was formed back than… Stock price took support at around 360-370 which then was the 200 dema. And then it reversed to quickly race to around 750 within quick time.
Will history repeat itself ? FAILED BEARISH PATTERN LEADING TO A STRONG RALLY? Lets see. Or will the pattern play out and can we see a fall? Very interesting situation.
I don’t have position on the stock, and just watching for academic purposes.
Jasch Industries Ltd – value unlocking possible? (10-10-2023)
There are discussions on promoters increasing the stake continuously, but as per the below that is not the case. Am I missing something?
Jasch Industries Ltd – value unlocking possible? (10-10-2023)
There are discussions on promoters increasing the stake continuously, but as per the below that is not the case. Am I missing something?
Va Tech Wabag (10-10-2023)
This business is highly govt funding linked, Domestic (state & central) and Foreign (Africa mostly i think) funded through Exim/world bank, etc. Hence WC intensive. Also tracking debtors & its ageing are critical. Lot of liabilities/obligations hidden as Bank Guarantees which doesn’t show as debt but as contingent liabilities. Pls add these to debt when analysing debt ratios.
Va Tech Wabag (10-10-2023)
This business is highly govt funding linked, Domestic (state & central) and Foreign (Africa mostly i think) funded through Exim/world bank, etc. Hence WC intensive. Also tracking debtors & its ageing are critical. Lot of liabilities/obligations hidden as Bank Guarantees which doesn’t show as debt but as contingent liabilities. Pls add these to debt when analysing debt ratios.
The SME portfolio (10-10-2023)
Aatmaj is a good value pick.
At one point I had Cell point but exited at break even. (Initially I thought company is good and is still good but operators were kicking it here and there. Hence exited)
I also traded in Cloud and exited luckily with 5-10% profits. The company’s profits and OCF has no co-relation at all which is a big red flag plus the preferential, rights and management’s handling of investor calls was not good. (Recently I read somewhere that company isn’t able to pay dividends on time🤣. I feel the company will delist soon)
The SME portfolio (10-10-2023)
Aatmaj is a good value pick.
At one point I had Cell point but exited at break even. (Initially I thought company is good and is still good but operators were kicking it here and there. Hence exited)
I also traded in Cloud and exited luckily with 5-10% profits. The company’s profits and OCF has no co-relation at all which is a big red flag plus the preferential, rights and management’s handling of investor calls was not good. (Recently I read somewhere that company isn’t able to pay dividends on time🤣. I feel the company will delist soon)