If I were you. I would remain invested in all these names - would check quarterly results to check the progress of the business. If growth keeps coming, why to exit!
Posts tagged Value Pickr
StageInvesting +Elliot Waves (03-07-2024)
If I were you. I would remain invested in all these names - would check quarterly results to check the progress of the business. If growth keeps coming, why to exit!
Ganesh Benzoplast – Cash rich chemical storage/tank king (03-07-2024)
The increase in Capex cost from Q1FY24 to Q3FY24 was due to increase in planned capacity (reason gave by management) - not sure why they increased it again in Q4
Ganesh Benzoplast – Cash rich chemical storage/tank king (03-07-2024)
The increase in Capex cost from Q1FY24 to Q3FY24 was due to increase in planned capacity (reason gave by management) - not sure why they increased it again in Q4
Microcap momentum portfolio (03-07-2024)
@Sudhakar_Subramanian Thanks for clarifying.
I think I have understood what you are suggesting. Let me clarify.
- You have added one more look back period (1 week) in addition to 1y and 6m.
- You are not quantifying the rate of change, but looking at positional change only.
- It could happen that a stock changes by 5% in one week and moves from 50 to 40 while another moves by 10% and moves from 30 to 20. Which is more important? Clearly, the one moving 10%.
Typically, we do not consider short look back periods like 1week or 1 month or even 3 months as you might get spikes in data that lead you to wrong conclusion. 6m and 1y are normally considered balanced periods where we do not miss out the momentum, but at the same time do not get swayed by spikes in price. Our volatility factor will protect us from considering stocks with sudden spurts.
Microcap momentum portfolio (03-07-2024)
@Sudhakar_Subramanian Thanks for clarifying.
I think I have understood what you are suggesting. Let me clarify.
- You have added one more look back period (1 week) in addition to 1y and 6m.
- You are not quantifying the rate of change, but looking at positional change only.
- It could happen that a stock changes by 5% in one week and moves from 50 to 40 while another moves by 10% and moves from 30 to 20. Which is more important? Clearly, the one moving 10%.
Typically, we do not consider short look back periods like 1week or 1 month or even 3 months as you might get spikes in data that lead you to wrong conclusion. 6m and 1y are normally considered balanced periods where we do not miss out the momentum, but at the same time do not get swayed by spikes in price. Our volatility factor will protect us from considering stocks with sudden spurts.
Krishca Ltd : A SME offering steel strapping Solution (03-07-2024)
From what I have read that, the issuance of preferential share requires very less paperwork. I think it is more convenient for the management to raise money this way. I have also seen other SME and microcap stock doing same thing to raise money.
Deepak’s portfolio requesting feed back (03-07-2024)
Bought more of Sanghvi movers and RACL.
Sanghvi movers the revenue expected to go up since they are venturing in to EPC. also the closest i have to wind energy proxy. My biggest realization is i missed out the renewables big time. Having made the initial allocation will wait for results to load up further
RACL the only auto ancillary company i have i my portfolio, having sold asahi earlier. Want to bring the allocation to a decent level and below 1100 was nice levels to add having missed at 200 and 400 (reason why we should study the story faster before the price gallops faster) will again look at the quarterly results to add further
Have sold very few quantities across many companies (aegis, vinati, praj skipper etc…) to raise cash.
Will also reduce my holdings in kotak at opportune time.
Senco Gold: Upcoming gold story! (03-07-2024)
In the below tracker, I have started tracking important company goals for Senco Gold.These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
- Verification Link: A link to see where we got the information about the goal.
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below:
Full tracker attached below:
Tracking Company Monitorables-12.xlsx (128.5 KB)
Microcap momentum portfolio (03-07-2024)
What I meant by rate of change of momentum is, sort the stocks in terms of how many places it went up in momentum rank compared to previous week/month.
If a stock jumped 10 places in rank say from 50 to 40 this week. Is it not having a better momentum than a stock which jumped from 3rd to 2nd this week?
This is more of a derivative play of your current strategy.
Pardon me if this is deviating from already complex strategy.