What factors contributed to AGI’s 3% stock price hike?
Posts in category Value Pickr
PSP Projects – Construction Company (22-05-2024)
Settlement of SDB was a big overhang on the stock price. Now that its closed, it seems the price is ready to take off. I believe It should touch 750 i.e. 200 DMA.
Please provide any counter point. Why shouldn’t one invest at this price / valuation for 10-15 day short term gain?
Burger King ~ Whopper of an Opportunity (22-05-2024)
Indonesia business will largely depend on its economy. These brands normally grow with growing middle class.
Unemployed investors portfolio (22-05-2024)
Added blue jet healthcare
PayTM (One 97 Communications Ltd) (22-05-2024)
Atleast they guided that. Which is good. Vijay improved his communication and looks like reformed man.
This might make me look like a fool if anything happens in future😅. Sincerely trying to be objective.
Export data and learnings (22-05-2024)
April 2024 update:
India’s overall exports(merchandise and services combined) during April 2024 is estimated at USD 64.56Billion, up by 6.8% compared to USD 60.40 Billion during April-23.
Total import during April-24 is estimated at USD 71.07 billion , exhibiting a positive growth of 12.78% over April-23.
Monthly merchandise export during April-24 is USD 34.99 Billion compared to USD 34.62 Billion during March 23.
The estimated value of service export during April 24 is at USD 29.57 Billion compared to USD 25.78 Billion during April 23.
Coffee exports continue to be increase, up by 18% for the month of April.
Rice exports remain negative.
Marine products export was reduced by 11% for the month.
Iron ore exports fell significantly by -58%.
Ceramic products and glassware exports fell by -5%.
Pharma exports continue to grow by 9% during the month.
Chemicals exports increased by 19% during April.
Electronic goods continue to grow impressively by 28%.
52 week highs and all time highs strategy (22-05-2024)
EIH Ltd CMP 482 - Update.
Stock price of EIH Ltd has been consolidating since April 10, 2024 when the stock price hit an all time high of 502 Rs. The stock price is consolidating since April and the volume has reduced as well. This is type of consolidation is in a form of Volatility Contraction Pattern (VCP) coined by Mark Minervini, It is showing constructive price and volume action as supply is absorbed from left to right during a price base and the accumulation The VCP breakout is when the stock moves through a clearly defined pivot point which is at 502.
Fundamentally, as per the announcement by the company the Q4 results will be out on May 28. The results were good in the past quarters and the luxury hotel industry is in a better shape.
Disclosure : Same as above.