Anybody got any insights on SicSim (a subsidary of Neun Infra Private Limited, which is WOS of Archean Chemical and owns 70% SicSim) and its foray into manufacturing semiconductors?(SiCSem plans plant in Odisha, ties up with IIT)
Posts in category Value Pickr
Manappuram Finance (27-06-2024)
Microfinance worst phase was during covid
Those who survived covid can handle minor hiccups easily
JNK India – one of the leading Heating Equipment companies in India (27-06-2024)
Please read forum guidelines properly before initiating a thread. FAQ - ValuePickr Forum To nurture a vibrant community ValuePickr does not restrict anyone from starting a thread on a stock of his/her choice. Only Caveat is if you are going to introduce a discussion on a stock, we expect you to do your homework and start the thread with some basic info-set, and 1st level analysis such as growth drivers, a few positives & negatives, immediate triggers if any, and enumerate some RISKS. Nothing very heavy is required, but enough to set the tone for 2nd level of discussions. Starting a New Thread: Please follow these guidelines - #2 by Administrator Thread initiators are usually alerted to edit their post, and make necessary changes before thread is opened up again. So you/colleague and look to edit the post in order to meet prescribed guidelines. We have the responsibility - especially the thread initiator (assumption is he/she is a savvy investor) - to cater to bringing everyone on same page - quickly - if you know what we mean.
How to register with SEBI as a Research Analyst? (27-06-2024)
What login details are you referring to?
How to register with SEBI as a Research Analyst? (27-06-2024)
After the self-registration, how long does it take to get the login details and all?
Do you have any idea about this?
Can an investor raise a complaint for no response? (27-06-2024)
Thank you for your suggestion!
I have received this reply from the company side. I have decided to stay away from this company as I am not convinced with their response. However, forum member should do their do diligence before taking any decision. I am posting their response for the benefit of the forum members.
Dear Mr. Kumar,
I hope this email finds you well.
I am writing this in response to your email dated June 18, 2024, regarding a potential conflict of interest involving Mr. Vasu Naren, Managing Director and Chairman of Sona Machinery Limited, and his shareholding in CAN Engineering Solutions Pvt Ltd.
I would like to address your queries as follows:
- Ownership Structure of CAN Engineering Solutions Pvt Ltd:
The remaining 50% shares in CAN Engineering Solutions Pvt Ltd are not held by Sona Machinery Limited. They are held by an independent individual unrelated to Sona Machinery Limited. This structure ensures that there is no direct overlap in ownership between Sona Machinery Limited and CAN Engineering Solutions Pvt Ltd.
- Measures to Address Potential Conflicts of Interest:
We are committed to upholding the highest standards of corporate governance and ethical business practices. Mr. Vasu Naren’s involvement in CAN Engineering Solutions Pvt Ltd is closely monitored to ensure that his duties and responsibilities at Sona Machinery Limited are not compromised. Sona Machinery Limited aims to maintain transparency and fairness in our operations.
- Current Business Status of CAN Engineering Solutions Pvt Ltd:
CAN Engineering Solutions Pvt Ltd is currently not engaged in any business activities and does not have plans to take up any new business in the foreseeable future. This ensures that there is no direct competition or conflict of interest between CAN Engineering Solutions Pvt Ltd and Sona Machinery Limited.
We appreciate your concern and are committed to maintaining the highest standards of corporate governance.
Should you have any further questions or require additional information, please do not hesitate to contact me at cs@sonamachinery.com or call at +91-8448984368.
Thank you for bringing this matter to our attention.
Regards,
Supriya
DIY Momentum QnA and Discussion (27-06-2024)
In this article I am emphasizing a very important issue of momentum investing. There are several pitfalls to avoid to ensure a successful strategy. Here are some key don’ts:
- Don’t Ignore Risk Management: Momentum investing can lead to significant losses if not properly managed. Always have stop-loss orders or other risk management techniques in place to protect your investments from sharp reversals .
- Don’t Chase Performance: Avoid buying stocks solely based on their recent performance without understanding the underlying reasons for their price movement. Chasing performance can lead to buying at the peak and suffering losses during corrections .
- Don’t Overtrade: Excessive trading can lead to high transaction costs, which can erode your returns. Stick to your predefined rebalancing schedule, whether it is weekly, monthly, or quarterly.
- Don’t Ignore Fundamentals: While momentum investing primarily focuses on price trends, completely ignoring fundamentals can be risky. Ensure that the stocks in your momentum portfolio have sound financial health and are not just speculative plays.
- Don’t Neglect Diversification: Concentrating your investments in a few high-momentum stocks can increase risk. Diversify across sectors and stocks to spread risk and enhance the stability of your portfolio.
- Don’t Hold Losing Positions Too Long: Be disciplined about cutting losses. Holding onto losing positions in the hope they will recover can lead to larger losses. Stick to your stop-loss rules and exit positions that no longer exhibit strong momentum.
- Don’t Ignore Market Conditions: Momentum strategies may underperform in volatile or bearish markets. Be aware of broader market trends and adjust your strategy accordingly. During turbulent times, consider increasing cash positions or using hedging strategies.
- Don’t Rely Solely on Technical Indicators: While technical indicators are crucial for momentum investing, relying solely on them without considering market sentiment or macroeconomic factors can be detrimental. Use a combination of tools and analyses to make informed decisions.
By being mindful of these pitfalls, you can improve the effectiveness of your momentum investing strategy and better manage the associated risks.
Latent View Analytics Ltd : Indian Analytics For Data Of World (27-06-2024)
Hello,
In the below tracker, I have started tracking important company goals for Latent View.These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
- Verification Link: A link to see where we got the information about the goal.
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below :
Full tracker attached below:
Tracking Company Monitorables-8.xlsx (126.5 KB)