Well, absolutely no fundamentals in this strategy…having said that, I have kept room for some discretion if there is a big red candle but lets say my sell signal is still not triggered, i might look around to see what caused the red candle…if there are things like fraud or ethical violations that have been detected, i might exit the stock. But other than that, just technical indicators.
Posts tagged Value Pickr
Piccadily Agro Industries Ltd (26-04-2024)
Thank you for sharing your experience
Hitesh portfolio (26-04-2024)
Dear @hitesh2710 Sir, which is the best book to learn the basics for all things related to stocks technical analysis : chart analysis, chart trends, types of candlesticks, breakouts, sell, buy and profit booking triggers… Which covers all the basics of technicals in easy language with examples.
Please guide Sir.
GMM Pfaudler: A safe way to play the Pharma/Chemical cycle (26-04-2024)
The performance of the company’s stock price is very weird, it has not really moved since the covid crash, but whereas the NP CAGR and Sales CAGR have outperformed the stock price, anyone wonder why?
Oracle Financial Services (26-04-2024)
Stock rallied due to blockbuster Q3 results.
In today’s world some insider trade can not be ruled out.
Volatility is due people inability to understand company, transition to SaaS model and its unpredictability, product new orders which are capex in nature thus don’t come at regular intervals.
I remember a very famous investor who was mentioning on TV that he bought it for IoT play.
This is not QoQ stock. AT best analyzed from Yearly perspective and how core banking is moving.
La Opala RG – Aspirational consumer story (26-04-2024)
Hey,
Following points have changed-
- Company is investing into capex for entering into Store and serve business to compete with Borosil
- Company has given a dividend of 45% in FY23 highest in the company’s history
Following points remain constant-
- Sitting on high cash and investing in bond funds
I would like to ask, company has shown good sales growth. Why do you feel that management is not interested to take company to great heights?
La Opala RG – Aspirational consumer story (26-04-2024)
(post deleted by author)
La Opala RG – Aspirational consumer story (26-04-2024)
Had looked at the company last year, please correct me if things have changed since then till now.
Good business but the promoters are not willing to invest in the business nor paying out cash to the shareholders. Company is sitting on more than Rs.400 crores of cash which is invested in Bond funds. Lost money in Franklin Credit Fund fiasco. Rs.136 crores is invested in equity of Genesis Exports Ltd which is the holding company of the promoters which in turn holds 46 % in La Opala. This cross holding benefits only the promoters to the detriment of minority shareholders. You have pointed out about the high promoter salary and no information sharing with shareholders due to absence of investor concalls or presentations. There is scope for increasing dividends substantially since capex requirements are negligible. Capacity was raised in FY22, but sales growth has not happened since then. Overall, promoter interest to take company to greater heights seems missing.
With a slight change in management approach, the stock will get rerated as business has a lot of potential, but the promoters are not doing justice to it.
(Disc.: No positions)
Risks of investing in Unlisted shares – Personal experience. Please help (26-04-2024)
Any update on setco auto?
Sandur Manganese (26-04-2024)
Hi
This acquisition looks like a very good move by the management due to obvious integration benefits. With ming expansion and stabilizing realizations, company should do well on margin and bottom-line basis. However, management previously guided their interest in expanding into pig iron and DI pipes. Any idea on that?