By seeing the macro trend in future the insurance industry and asset management industry both are under penetrated currently.But finding it very hard to develop a conviction on which of the companies have a clear advantage with this macro trend.
Posts tagged Value Pickr
Manappuram Finance (30-11-2023)
Current rally in gold finance companies can be attributed to rally in Gold prices which is likely to sustain for some time given the global scenario and interest rate situation. Good read.
Manappuram has traded cheap for a reason. It used to be number 2 in gold finance and now has lost that spot to few competitors. The real rerating will happen (quickly) if the promoter changes. Next generation is not interested and the existing promoter may be looking to sell. Time is very good to get decent exit valuation. Cupid Ltd. stock nearly tripled in matter of few months once the promoter exited. Good business with growth oriented promoter gets rerated quickly. Will be interesting to see how this story plays out.
Technical experts will know beforehand that something is happening based on price volume.
Discl: Invested
Buy Unlisted Shares (30-11-2023)
Wow, Did it really take 7 months. Would you suggest Nuvama?
I am trying for a deal for 500 shares using unlistedzone and am very jittery due to this delivery later issue (Approval of NSE)
Were you kept informed of the steps. Do share a brief pls.
Laurus Labs – Can Business Transform to Next Level? (30-11-2023)
Not necessarily that all pharma companies are changing their business model this frequently.
I hold two other pharma companies :
- India centric Abbott India ltd…This company sells medicines in India. Its leader in many categories and its business model is quite robust as well as constant.
- API low cost producer Divis Labs…This company also has proven and profitable business model. Due to sudden opportunity lost of covid drug, this stock has also come down more than 35%, but its business model is intact and not much difference…Its on track…
So not all companies in Pharma sector are changing their business model so frequently like Laurus.
Kesoram Industries Ltd (30-11-2023)
Yes, rumors are that adani is looking to buy orient cement and/or saurashtra cement. This could rerate smallcap cement companies that are are available at low EBIDTA/MT
IPO Review – Discussion until listing (30-11-2023)
Atleast IRCTC in this list had a split, and CMP os mich higher tangan listing day price
Manappuram Finance (30-11-2023)
Absolutely @Rupee_Millionaire
Rerating on board as visibility is visible to market now
Where else you can find near book value stock growing at 20% at PE of single digit…a clear cut recipe for rerating
Force Motors – racing ahead! (30-11-2023)
Force Gurkha Military Ambulance Spotted Testing In Green Shade
Copyright (C) ‘RUSH LANE’ Read more at… https://www.rushlane.com/force-gurkha-military-ambulance-spotted-testing-in-green-shade-12482948.html?utm_source=dlvr.it&utm_medium=twitter .
Hitesh portfolio (30-11-2023)
Hello Hitesh sir,
We know you don’t follow macro very much but still wanted your perspective on the overall picture.
If we look at real estate it has become too expensive. Rents and home prices are going through the roof in every big city. A family with two incomes want to have only one child. People with stable jobs feel they can’t afford a second kid. There is hardly any hiring in the IT sector. There is a slowdown in the overall job market as well.
Most of the small and midcap stocks have become overvalued.
Somehow (I feel) FED doesn’t have any incentive to decrease rates that can fuel further rally.
But the market keeps on increasing. Wanted to know your thoughts on this conflicting situation.
52 week highs and all time highs strategy (30-11-2023)
Sharda Motors update. After the q2 results we have seen a strong rally in Sharda Motors stock price. Since past few days stock price was consolidating within a tight price range of 1242-1310 and yesterday gave a big volume breakout and posted a fresh all time high of 1378. Today it came down with much lower volumes and closed at 1318. The whole structure on daily charts resembles a flag pattern breakout and now a retest seems to be on the cards.
Flagpole extends from 960 to 1310 which is a distance of 350 Rs. Adding that to the breakout point of 1300 provides a pattern target ( if the pattern plays out) of 1650. Need to see how this plays out. disc: invested as disclosed earlier.
