Posts tagged Value Pickr
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (20-06-2024)
At 31% of holding, shouldn’t the number of shares held by MFs be approx 60 crores, considering outstanding shares are 196 crores?
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (20-06-2024)
Brokerage calls don’t (and shouldn’t) mean anything. For every stock you will have brokerages with buy, sell and hold recommendations and every brokerage house has as much probability of being right or wrong as their peer. Macquaire has been wrong with lots of their calls but so have been other brokerages.
For Kotak Bank holder this seal of approval may seem like a good news but those holding Bajaj Finance and SBI shouldn’t get disheartened. They have made a lot of wealth for their investors and will continue to do well as fundamentally they are strong and well managed lenders.
Disc- Invested in Kotak
52 week highs and all time highs strategy (20-06-2024)
Manali Petro cmp 95. Along with all other chemical stocks this too went down after posting an all time high of 149 in April 2022 and went down to post a low of 56 twice in March 2023 and March 2024. It formed a double bottom at 56 and a confirmation of double bottom breakout was made on breakout and trading above 87. If double bottom plays out, then target can be 118.
Coming to daily chart, there is an inverted head and shoulders marked on right side of chart. A small flag breakout is marked on right side of chart which has happened after double bottom breakout. Another small point to note is a gap down area between 93 to 86 posted in Nov 2022 and which has as of now been negotiated with stock price crossing the gap down area.
Some chemical sector stocks are offering tradeable set ups. Whether this is a resumption of uptrend previously seen, or just a counter trend rally needs to be seen.
Company has applied for Anti dumping duty to govt for one of its products and if govt approves it, it can be a big trigger.
disc: invested as a trading bet. (not a recommendation, please do your own diligence if investment is considered.) Shared because the chart contains multiple technical patterns within same chart.
Tamboli Capital: Its a Casting Company! (20-06-2024)
I am not interested in this stock due to the following points -
- Negative Sale growth i.e., -9.65 %
- The Cash Conversion Cycle is roughly 235 days, which is way too high
- Working Capital Days are also around 132 days
Happy to learn more about this company if I am missing any point.
Som Distilleries and Breweries (20-06-2024)
good question, understanding management can be tricky, but you need to look for obvious reasons and make up your mind by observing their actions periodically. In case of SOM, i came across multiple discrepancies and here are a few:
- The CMD is likely giving paid interviews which are one sided and hardly any tough questions are asked during interviews.
- Despite producing excellent results, people lack trust/confidence in their corporate governance practices. They recently devalued investors stake in their subsidy without the investors consent.
- They may or may not be on the good books of the state govts they work with. highly unpredictable business. Possibility of huge bribe involved to run their day to day operations. There have been multiple raids at their complexes.
- Things like child labor, even happening at their associate company, shows the attitude of the management and the malpractices they are open to. There might be 10 other hidden malpractices going on which haven’t surfaced yet.
Beware of such management, don’t invest your money into any company where you see even 1 red flag with the management. Here i see multiple red flags over a period of 2 years of keen observation.
Pratik’s Portfolio – Review (20-06-2024)
Absolutely. I will try to post rationale on one stock every day. Sorry for the late response as I have been travelling a lot lately.
Som Distilleries and Breweries (20-06-2024)
promoter is buying almost everyday
seems some sort of a ploy to me at any rate this is one of those companies you stay away from even if you are getting the shares for free.
Som Distilleries and Breweries (20-06-2024)
the company has provided a clarification that no such thing has happened. The issue is with a private ltd company which is an associate of this group and as such the issue is not related to the listed entity.