The announcement of BSNL and MTNL merger with revival package should benefit Tejas Network as the business will grow and payments will be faster.
Posts in category Value Pickr
ASM Technologies – Engineering innovation (28-07-2022)
Reading between the lines, through this JV, ASM will be able to not just offer design expertise, but also provide equipment sub systems to longstanding clients like Applied Materials. If I remember correctly, their relationship with Applied Materials is over 10 years long.
Additionally, while Applied Materials, Lam Research, etc., may only be willing to provide off-the-shelf equipment to semiconductor plant operators, since they are large scale manufacturers, this then creates a whitespace for ASM to supply customized equipment directly to operators, instead of just being a supplier to a supplier.
While this potential exists, all that matters is whether the company can actually win business.
Additionally, while I was thrilled about a $3B semiconductor plant coming up in Mysore, there’s now the possibility of a $22B investment to build a semiconductor and a display plant in Maharashtra, courtesy of a JV between Vedanta and Foxconn. So ASM is in the right place, at the right time.
Fingers crossed, and cautiously optimistic!
Clean Science and Technology Limited (CSTL) – A clean and green future ahead (28-07-2022)
As mentioned in my earlier post, the change in product mix, particularly new ones is resulting in erosion of OPM
It is of particular concern that Vinati Organics is entering in to MEHQ, Guaicol chain as a backward integration move as @AJain pointed out.
Since Vinati is world leading produce of ATBS. It is natural for Clean Sciences to ensure that MEHQ -BHA chain which comprises 60% of revenue is protected.
StageInvesting +Elliot Waves (28-07-2022)
Portfolio July 28th 2022
As informed several times before, we are particiapting in this counter-trend rally. Increasing our cash allocation as we get few convincing set-ups.
Currently 50% cash is deployed.
All set-ups of this portfolio -stocks have been shared on this thread earlier.
Allocation is based on our convition lelvels on set-ups and valuations.
Views from veterans are welcome.
Disclaimer- No reco no suggestion.
52 week highs and all time highs strategy (28-07-2022)
Reliance daily candlestick chart. Putting up here to show examples of Wolfe Wave, a triangular pattern with 5 waves and a clear cut target line. In this case, previous two Wolfe Waves have been successful and targets have been achieved. Also marked a recent Wolfe Wave where I would be following up whether targets are met or not. Some guys are now talking about Nifty creating new highs over next few months and if that were to happen, Reliance could play an important part, it being an index heavy weight. In last few days, Reliance has had an upward gap up, then a downward gap and dojis since past two days. (disc: only for academic purpose, more to illustrate examples of Wolfe Waves, an interesting concept. No positions or recommendations)
Zomato – Should you order? (28-07-2022)
Aswath Damodaran’s latest update on Zomato fair value - A 2022 Zomato Update: Price, Value and the Gap! - YouTube
Hitesh portfolio (28-07-2022)
Guj Fluorochem results have been better than I expected. And in the concall management commentary comes across very strong indicating strong levers for growth. It comes across as an example of a company which can deploy huge doses of capital at incrementally higher rates of returns.
Schaeffler results have been very good and it seems to be well on the growth path. But I do not track it too closely now that I have exited. Yet to listen to concall.
StageInvesting +Elliot Waves (28-07-2022)
Out of 4 biggies of Nasdaq, only Apple is showing some strength. Rest are still consolidating with in a range.
US S&P 500 reaction ON -The -Day and The -Day -After a FED rate hike in 2022:
3/16: +2.24%
5/04: +2.99%
6/15: +1.46%
7/27: +2.62%
The next trading day:
3/17: +1.23%
5/05: -3.56%
6/16: -3.25%
Let’s see what happens today.
When we go all in?
Nasdaq 2008/2009 -Stages
Where we are now ?
We wait for the Stage 1 & 2 bases!
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (28-07-2022)
Yes. Not saying they are fraudulent but since I made the post tanla dropped 20% for 2 days. Might be more than just bad biz performance.
It has happened in the past, and all I’m saying is it could happen again(I could be wrong however). The company started out as a dairy company in 2000s. Switched in the pre 2008 bull run, and now this run up. Tons of similarities exist, imo it would be prudent to do some digging here rather than chalking it all up to market over reacting.
The global look the company is giving, forbes article are new red flags that keep cropping up.
StageInvesting +Elliot Waves (28-07-2022)
Too early to say the same.
On stocks , would like to say that we don’t do recommendations. We keep sharing the set-ups we like or dislike.