Hi Value Pickr
Back with the bulk deals log here.
6th Bulk Deals Log
Date: 7th December, 2023
Links:
NSE: https://www.nseindia.com/report-detail/display-bulk-and-block-deals
- Compucom Software
Entering Entity: Multiplier Share and Stock Advisors Limited
Entry Price: 33.85
Entry Quantity: 4,65,239
The final entity this business services is the Government of Rajasthan which doesn’t inspire a lot of confidence for me. The debtors cycle is extended, however the CFO/EBITDA conversion is plain weird. Not sure if I am interested in this company but Multiplier Share and Stock Advisors have gotten involved with successful businesses earlier, that is why I covered this business.
- Cosmi CRF
Entering Entity: YUGA STOCKS AND COMMODITIES PRIVATE LIMITED
Entry Price: 371
Entry Quantity: 20,000 shares
This is a railways related business, so this might be late to the party, but does look statistically cheap at about 2X sales multiple. Definitely worth a look.
- Dhyaani
Entering Entity: SRINIVASA RAO GODDATI
Entry Price: 103
Entry Quantity: 10,000 shares
The screener page of this company shows a sharp one day increase in price. I think this is because of the bonus issue date change and not the actual movement because the trading view page is completely different.
But all the traction this industry is seeing is validating my hypothesis on the marble industry. It is doing really well.
The number of good quality investments coming up on bulk deals are reducing. Is it a sign of a top? I’m not sure,I think I’ll be in a better position to judge this after a few months. But for this thread, I am considering talking about a few more things like:
- Covering stocks which have seen extensive promoter buying
- All stocks from certain sectors which can be expected to do well in the future.
Let me know if these sound like good ideas.
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