Sugar prices may spike up faster than anticipated as shortage is looming… it is inevitable in commodity business.
In long term sugar industry is looking good due to by-product usage and new uses like bio-chemicals. Bio-chemicals are necessary and will soon replace petro-chemicals (in a small way !!). Indian govt should have promoted this years back. Balrampur has started and others will follow. ENA usage is also increasing.
Govt should promote this industry instead of being fixated over controlling sugar prices – which is anyway not a big part of household expenditure – and no voters will not vote due to high sugar prices !!!
Sugar prices will never be low going forward.
Posts tagged Value Pickr
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (12-03-2024)
Tata Investment Corporation: Unusual discount to NAV (12-03-2024)
So, at last, reversion to mean is happening in this counter.
Lets see how many LCs we get here.
Personal opinion
What’s the right price to enter? (12-03-2024)
Always try to protect the downside first.
- Check operating cash flow and debt
- Then check valuation parameters which depends on either book value or sales as a vast majority of companies are cyclical
If both parameters follow then check technical and previous results. If previous results are constantly bad and technical is bad do not buy. If previous results are bad but technical is good then do more research. If previous results are good but technical is bad then wait for rounding bottom up. If results and technical are both good but if cheap.
A lot of it depends on mindset also, navigation through share up and down is like navigation through life. Read Gita by (Swami Chinamayanada – VHP founder) or buy his video cassette to learn this. Chandrakant Sampath and his disciples like RK damani all attest to this truth
South Indian Bank (12-03-2024)
The stock price has corrected from almost a peak of 34 to CMP of 28ish. Is this the effect of rights issue? There is a fall in RE price as well. Can someone explain that the fall is because of the right’s issue or there has been some news around the bank which is causing the price to fall?
Hitesh portfolio (12-03-2024)
Dear Hiteshji,
Thank you for your sane thoughts for overall stock markets, individual stocks, to to take different situations in its stride.
How do you view the recent developments, impact of regulator oversigght in banks and other NBFCs? Also small and midcap universe is getting corrected/ swings widely these days? Your thoughts on current situation and view of market regulator that there is froth in small/midcap space. Also election can create hightened volatility. Also how are you dealing with your picks, especially if you hold any with more as a technical bet? Thank you.
Crestchem Ltd – Nutritional Chemical company (12-03-2024)
Hi Dhruv,
Yes Low promoter holding is a concern with the fact that till 2 years back they were loss making as well.
But at the speed they are correcting themself and focusing on products is what im bullish on.
Please note – Im observising this company finances and I would watch for next 2 or 3 qtr and promoters movement.
Cineline India – Picture abhi baaki hai (12-03-2024)
Cineline yesterday added 4 new screens
This seems to be in an upcoming area near Mohali. Can anyone local to Mohali or Chandigarh verify this?
Granules India Ltd (12-03-2024)
There seems to be a string of changes at the senior management level. Does anyone have any idea why this is happening?
JTL Industries – Fast Grower at an inflexion point (12-03-2024)
A further point is that the Zenith company was lawfully allowed to invest into Indian entities. If a listed company allots shares to such an entity, who’s fault is it?
As long as there is no collusion nor any attempts to manipulate the share price, it is not the investee to be blamed for accepting funds from such an investor…especially warrants which were issued long back.
E2E Networks Ltd – Listed small Cloud computing player (12-03-2024)
E2E networks- Data Center capacity expansion
