Who’s the leader .
I mean major manufacturer;among them
Posts in category Value Pickr
Anti dumping duty (14-09-2023)
Laurus Labs – Can Business Transform to Next Level? (14-09-2023)
Oh my bad! But that stake is equivalent to just 0.28% of Emerging Equity scheme, and yes they have gradually increased it.
52 week highs and all time highs strategy (14-09-2023)
In most cases, most patterns can happen anywhere. But there are some patterns labelled as bottoming/reversal formation and others labelled as continuation patterns.
Reversal patterns include double bottom, bottom triangle/wedge, rounding bottom, inverse head and shoulders pattern etc… These usually happen near bottom and are not commonly seen near 52 W highs or multi year highs.
Continuation patterns are flags, pennants, cup and handle, etc. These are often seen near 52 W highs and multi year highs. These offer time correction in a stock’s upward journey. Once this time correction is over, upmove resumes.
A common pattern I often see ( not always but quite frequently ) in stocks clearing 52 weeks high/multi year highs is symmetrical triangle. Triangles are very tricky structures, but provide powerful base for a strong breakout. Symmetrical triangle is an example of contraction ( also known as contracting triangle) where prices contract with lower and lower volumes before a breakout happens with huge volumes. I feel its a variant of the VCP desribed by Minervini. I think we have discussed such triangular consolidations in Usha Martin and HBL in this thread. Sometimes there can be more than one triangular pattern on top of each other, or more than one rectangular consolidation on top of each other… This is a variant of base on top of a base described by William O Neil.
Phantom Digital Effects Limited (14-09-2023)
My 2 cents on their distribution foray and the concerns arising henceforth, the filming of the movie Ayalan started closely 5 years ago and being a VFX heavy project the filmmaker got the same team(PhantomFx) from his previous movie (Indru netru naalai) , with over 4500 vfx shots this ended up being amongst the movies with the most number of VFX shots in India, they overshot the budget and subsequently the producer ran into financial issues, that is when phantomFx would have chiped in with their idea of co-producing (albeit unintentionally) to recover their costs. If the movie sees the light of the day soon they perhaps will recover the costs because the director’s earlier movie had a good storyline backed by decent VFX.
I could be wrong here, they have made their intentions clear that they would target international projects and OTT content more and their foray into distribution appears to be a one off incident which they were forced into.
Laurus Labs – Can Business Transform to Next Level? (14-09-2023)
Kotak mf clearly holds close to 23 lakh shares in their emerging equity fund…you missed it?
Gujarat Themis Biosyn Ltd – Bulk Drugs growth momentum (14-09-2023)
The second United Nations high-level meeting on the fight against tuberculosis is scheduled from next week (link) in New York.
Here is quick summary of progress so far on WHO’s End TB Strategy 2025 between 2018- 2022 In a way, this will set the context for upcoming discussion.
A picture is worth thousand words:
On a closer look, very evident that outcome are way shorter than targeted numbers. Most underwhelming area being
- TB incident rate reduction by 10% against target of 50%;
- TB death reduction by 6% against target of 75%
- MDR TB treatment for children at 15% of target only.
On funding side, funds committed are at 5.4B USD in 2021 against required 13B USD every year. Likewise, less than 50% funding was made available for TB research against budgeted numbers.
My personal hypothesis/conjecture is, funding agencies will be forced to step-up the fund availability to catch-up on lost years and to bring the program back on track to meet the 2030 milestone.
Thanks,
Tarun
Disc: Invested, no transaction in last 60 days
Cafe Coffee Day – Will you Date? (14-09-2023)
How does the company look to you after the recent developments?
BCL Industries – Ethanol Pick (Capacity 3.5x in Next 2 Yrs) (14-09-2023)
Seems DAM Capital report on Sugar stocks making impact on BCL Industries as well –
Note – Invested
Laurus Labs – Can Business Transform to Next Level? (14-09-2023)
thanks and great.
May I also know how to check the bulk buying/selling and brokerage house report info, please.
Chennai petroleum (14-09-2023)
Risks associated with CPCL:
- Due to fluctuation in oil markets due to wars and other geopolitical tensions in the world the crack spreads are very volatile which may sometimes effect the profitability of the company brutally.
- The rise of EV vehicles in comings years may affect the demand of motor spirit & diesel.
- Company has debt of around 3500 crs which only can be easily repaid if crack spreads are stable.
My journey in CPCL starts from Jan 2022 when I first time came through the stock in a news for price rise from Rs.90 per share to around Rs.300 in 1-2 years of span.
Then did my research on the company for around 8 months still Aug-22 and invested in the company in aug-22 until December -22.
I am invested in the company still date and has given a return of 80 to 100% still date on my investment and still bullish on the company as it is coming with new refinery and it is steadily diversifying its product portfolio to other petroleum products.