One reason is, they find arbitrage opportunities between exchanges, and they make profit by taking the price differences. It can also be looked at as good, as they bring some liquidity. And they contribute to tax revenues, so they are legal. And I don’t think they can do HFT in high price stocks, like they do in lower price stocks, so unless we are participating in lower price stocks, I guess, we don’t cross paths.
Posts tagged Value Pickr
Rajesh Exports: Time to examine this story seriously? (18-12-2023)
100% this guy is siphoning money out from his business and into his own pocket. He’s on the low for a reason. The more he discloses the more likely it is he’ll get caught. Calling this poor corporate governance is an understatement, this is most likely fraud. All the large actors including the auditors are complicit, being blinded by gold.
Globus Spirits (18-12-2023)
GLOBUSSPR Acquisition of Shares by Motilal Oswal Mutual Fund: Increased stake from 4.88% to 5.06% in Globusspr.
Oriental Carbon and Chemicals Ltd (18-12-2023)
Update based on Nov 2023 con-call
- Revenue lower because of sluggish Europe, lower costs of raw materials.
- Equal profits even with lower revenues because of lower raw materials.
- Keep in mind, 50% of the sales are outside of India
- Contracts a are 3,6 and 12-month basis so if raw material was purchased at higher prices, not all
of it can easily be passed through – basically sales prices is pre-negotiated so there is inventory
risk. - Apparently, Chinese competition has had approvals in certain areas and competition is reducing
margins. - On a half-yearly basis compared to last year freight has come down quite substantially from
around INR26.5 crores to INR9.5 crores.
Gravita India success story (18-12-2023)
Got it, Thank you very much for again clarifying it.
Operational efficiency (Ultimately operating profit only)
Really sorry, Not able to understand in 1st reply
Campus Activewear – betting on the India Consumption Theme (18-12-2023)
Is Bata an Indian brand??
Isn’t bata a Swiss brand??
Century Ply – Khushiyon Ka Rangmanch (18-12-2023)
Centuryply breaking out of the base with relative strength rising above 0 & with huge volume.
Campus Activewear – betting on the India Consumption Theme (18-12-2023)
When I go to any footwear shop, I don’t see any brand differentiation. I trust only Bata as a Indian brand (maybe since I used it from childhood). Hence I don’t see any pricing power for companies in this sector. Also too expensive for me from valuation point of view
Kama Holdings Limited (18-12-2023)
Last Friday was the biggest volume.
After the buyback, promoter stake went to 75.15% and they’ve shared in exchange filing that they’d sell in open market. So, I assumed that the sale was done on Friday. But there’s no exchnage filing.
May be they’re yet to sell some quantity and they’ll release an exchange filing after that.
But the volume traded is > 70k, which is a concern.
I’ve added some shares as I found it to be a good opportunity as the Hold Co discount became attractive and also it seems that the chemical cos are bottoming out. Only time will tell
Disc: Biased
SmallCap Hunter : Trying to find the dark horses with triggers (18-12-2023)
Would like to know your valuable thoughts on the business…