Just got myself informed, kindly do not update the prices manually as it will be updated by your broker in a couple of days.
Posts in category Value Pickr
IDFC First Bank Limited (11-08-2023)
Looking at examples of Ujjivan and Equitas, merger can take 18-20 months atleast from the date of announcement…
GHCL – Soda ash & home-textiles player (11-08-2023)
Yeah, this should jump definitely, the stock is highly undervalued.
Natco Pharma: Focusing On Complex Products (11-08-2023)
The share price had been on a tearing run after consolidating around 600-650 post Q4 results and that is largely due to the anticipated strong Q1 results which the company did deliver… so the swing traders have/are booking out… I personally feel that there will be support around 780-800 on observing the chart formation and minor support a 860 level…
With the management stating in the conference call that a conservative net profit of 1000 crores for the year is what they will do (and how much more above not ready to speculate) the company is poised to give its highest ever annual profits and EPS between 55 to 60…
As there is positivity around the earnings, a good news like a brownfield acquisition or a Para IV filing success may lead to more strength in the share price or rerating…
raiders have looted the candy shop for now but will be open for business soon, thats how I am looking at it
IDFC First Bank Limited (11-08-2023)
A long-short strategy for 100 shares IDFC Ltd long and 155 shares IDFC First short.
The idea being to buy 100 shares of IDFC Ltd (long position) and simultaneously short 155 shares of IDFC first (short position). If the merger is successful in 9-12 months, its a 12-14% gain on the trade on which taxes are to be paid. If done with a couple of million in the above ratio, its a decent return.
Risks:
a) The merger does not go through (the long moves down and the short moves up dramatically)
b) limited upside on the trade
c) Taxes if STCG or LTCG depending on how long it takes.
Any thoughts or something that I’m missing here?
Regards
M
StageInvesting +Elliot Waves (11-08-2023)
Thank you for your detailed analysis.
Meghmani Finechem – Underrated multibagger? (11-08-2023)
This is a commodity company, it can’t command a higher PE, look at Tata Chemicals always trading at 10-11 multiple.
StageInvesting +Elliot Waves (11-08-2023)
Ambika Cotton
Weekly Chart
It is lingering below 40 WEMA …hence we don’t see any hope as per now as per the chart.
Only good thing is that it is arading above 40 MEMA …hence it may not fall much and keep moving in 5-10% range till the time sector/company shows some business-momentum.
No buy/sell reco.
Aarti Drugs (11-08-2023)
Thank you for sharing the details. I tried to find the link to apply buyback online but unable to find so. Can you please share the link for Buyback?
StageInvesting +Elliot Waves (11-08-2023)
Dear @StageInvesting ,
Ambika cotton mills is one undergone huge correction since Feb 22 and looks like consolidating for the last 8-9 months. How does it looks in EW charts ?