Came across this interesting book Synopsis
Posts tagged Value Pickr
Multi-Disciplinary Reading – Book Reviews (03-07-2024)
Microcap momentum portfolio (03-07-2024)
@vamsi00797 The way we can calculate the min amount is to check the highest price stock and buy just 1 of it. We have decided that we want to have equal weighted pf to start with. Therefore, all 25 stocks must have the same value of the highest stock.
In our case, the highest price stock is TVSHLTD at Rs. 13,868. We buy only 1 of this. And we need to buy all other stocks for the same value. Therefore, the minimum amount becomes 13,868 x 25 = 3.4 lacs.
Continuing in our example, the lowest price stock is RTNPOWER at Rs. 17. We should buy 13,868 / 17 = 815 shares. We should do like this for all stocks.
National Peroxide (03-07-2024)
at what valuation is it going to get listed
DE NORA INDIA, poised for growth (03-07-2024)
De nora india wins order worth 40 Cr , to be executed in 2 years
Smallcap momentum portfolio (03-07-2024)
Actually how the basket evolves over time depends on your trading strategy. I create a basket of stocks from a sector on the upmove and ones which are completing their bases and then add the winners and exit out from the laggards or losers. So the basket composition keeps changing over time.
DCX Systems Ltd (03-07-2024)
Edited my post and removed the section.
Screener.in: The destination for Intelligent Screening & Reporting in India (03-07-2024)
Hi, @saumil25 Thanks for your suggestion.
Why our team is conservative on adding new ratios?
Every new ratio added reduces the response time of our system. Thus, we are conservative on adding new ratios.
However, we have made a note of your requirement and will share the same with our team for consideration.
Deepak’s portfolio requesting feed back (03-07-2024)
Consolidated my portfolio allocation. In cash 5% and will deploy if market presents better (tempting) opportunities.
Instrument | Allocation |
---|---|
KOTAKBANK | 8% |
IDFC | 2% |
IDFCFIRSTB | 6% |
SGB | 6% |
INTELLECT | 5% |
PRAJIND | 5% |
PVRINOX | 4% |
PAUSHAKLTD | 4% |
SKIPPER | 4% |
HDFCBANK | 4% |
VINATIORGA | 3% |
HINDWAREAP | 3% |
3BBLACKBIO | 3% |
SYNGENE | 3% |
EIHOTEL | 3% |
RACLGEAR | 3% |
PRINCEPIPE | 2% |
AVANTIFEED | 2% |
ASIANPAINT | 2% |
UJJIVANSFB | 2% |
CARYSIL | 2% |
KNRCON | 2% |
MOLDTKPAC | 2% |
SANGHVIMOV | 2% |
NATCOPHARM | 2% |
HBLPOWER | 2% |
SUNTECK | 2% |
LAURUSLABS | 1% |
APLLTD | 1% |
SATIA | 1% |
PIIND | 1% |
AMBIKCO | 1% |
HDFCAMC | 1% |
MARICO | 1% |
AEGISLOG | 1% |
KRBL | 1% |
UNIPARTS | 1% |
DRREDDY | 1% |
DHPIND | 1% |
Thangmayil jewellers ltd (03-07-2024)
Thangamayil AR24 is worth a read.
Few Highlights-
From Chairman’s speech-
- It is heartening to note in spite of 8% gold price increase in the first 48 days of the current year ( FY 25) , I don’t see any perceptible drop in sales.
- This year Akshaya Thrithiyai resulted in retail sale of 15,728 lakhs as against 10,848 lakhs in previous year resulting in an increase by 45%
Moreover in volume terms also gold ornaments sold were at 210 kgs as against 168 kgs in the last year and registered a volume growth of 25% . This growth in volume is achieved in spite
of gold price increase by 20%. - Likely contribution from our geographical expansion upto 8 additional outlets and one major “flagship”
outlet in Chennai, may also contribute to the growth in turnover and profits, in parts of the year. - Improved volume offtake in higher gross profit product –mix items will ensure a better bottom-line
performance. - The initial capital outlay including working capital requirements in case all the 9 outlets to be opened in the current year in a phased manner, we may require up to 40,000 lakhs incrementally to be met by
(a) Undrawn eligible working capital borrowings up to 17,500 lakhs ( Float )
(b) Incremental customer advances up to 12,500 lakhs
(c) Infusion of 10,000 lakhs from system generated cash profits, as per capital allocation plan
aggregating to 40,000 lakhs as sources to meet the said expansion
plan. - At the same time per gram interest outgo reduced from 66 to 65 Moreover, the average cost of funds in aggregate for borrowings has dropped from 5.30% to 4.82% in spite of increase in interest rates upto 250bps by the banks.
- Besides, the promoters unsecured loan at 6% interest of 3,379 lakhs continues in the system.
Guidance
Last year
Increase in Float ( This is better than float as it enables sales )
Data
Compounding-
DCX Systems Ltd (03-07-2024)
These seem to be high frequency arbitrage trades. They have bought and sold similar amount (not exactly the same amounts). Such trading is done to take advantage of discrepancies in prices on different exchanges. The difference is usually very small in percentage terms, however with large capital the profit in absolute amount can be significant. So I would not read too much into buy/sell transactions by these firms.