How can bid price be greater than ask price?
Posts in category Value Pickr
Investing Basics – Feel free to ask the most basic questions (27-09-2023)
(post deleted by author)
Best Agrolife – Think Big, Think Best! (27-09-2023)
Updates on IT raid from today’s agm of Best Agro.
https://x.com/samisosa1234/status/1706949045745483940?s=20
Steel Strips Wheels Limited – Attractive Valuations (27-09-2023)
We should add 20/50/200 days moving average on a daily chart and check that how far the price is from the 20 & 200 days moving average. If it’s far from both ( of course more far from 200 DMA) and all the Moving averages looks stretched. This means that the price is also stretched from its means value and it has either retrace back to its mean averages or wait ( consolidate near the same price for multiple days) so that after few days, mean averages approached the price area.
Steel Strips Wheels Limited – Attractive Valuations (27-09-2023)
We should add 20/50/200 days moving average on a daily chart and check that how far the price is from the 20 & 200 days moving average. If it’s far from both ( of course more far from 200 DMA) and all the Moving averages looks stretched. This means that the price is also stretched from its means value and it has either retrace back to its mean averages or wait ( consolidate near the same price for multiple days) so that after few days, mean averages approached the price area.
Mahanagar Gas Ltd – a natural monopoly (27-09-2023)
Market is always forward looking. Where is the future of MGL? They are only in 3 GAs.
Compare the same with IGL. As of now, Delhi contribute 65% of volume. Noida, Greater Noida & Ghaziabad contribute 21%. Rewari 3%, Gurgaon 2%, Karnal 1%, Meerut Muzaffarnagar 1% are other areas for growth. Kanpur, Kaithal is just the beginning. So is Ajmer. Bareilly, Unnao and Jhansi in UP are additional GAs (through collaboration). Then they have 50% share in Maharashtra Natural Gas Ltd (MNGL) – Pune & nearby areas.
Introducing StockInsights.ai: AI-Powered Equity Research Tool (27-09-2023)
I used your product. Its good. couple of observations:
- Screener also provides summary of call transcripts – both current as well as historical.
- In your announcements, if you can add – Fresh issue of capital, capital expenditure, preferential Issue, Warrants Issue, Promoter buying / selling.
thanks,
Delisting Discussions (27-09-2023)
I don’t think you missed this. There just wasn’t enough margin of safety. The delisting barely scrapped through and the discovered price is too high. It is still quite touch and go if the delisting succeeds. Hoping for a reasonable counteroffer from the promoter and realistic expectations from the minority shareholders.