The chart u mention in RCF has a narrow cup (ideally we want a rounding cup) and handle corrected more than 50%, something like 61.8% down to 45.5 before recovering.

Having said all that if and when the move comes about it will be a secular move in all companies. Something similar to sugar sector. And this is provided the move materialises.

Many a times in these sectoral moves the more dirty and lagging companies tend to provide the maximum moves. But to be on safer side to avoid too much capital loss in case the thesis doesnt work out, it is better to stick to better quality companies.

I personally feel VP is getting too stringent now a days. I am from ted days and feel the starting signs of ‘ted cycle’ here. I totally understand the point of protecting small investors and so forth. I think VP should allow posters to have new section to just discuss stocks, which one don’t know much and but would like here from others..

Of course, and this threat is in almost every business now. E.g. Patanjali threat to decade and century old FMCG brands with very strong moat.
So, though I am bullish for long term, I am keeping my eyes and ears open. If there is a credible threat, one can sell the stock whenever it happens.

Agree Vijay. But the risk may be that although the opportunity size is large, there may be many more other players (after getting due licence etc. ofcourse) who may jump into this business and destroy the pricing power/oligopoly of the market. If the new entrant is with deep pockets and better technology it may even bring cupid to knees. Any thoughts on how cupid will be able to sustain or protect moat around it for next 10 years would be welcome.

Disc.: Tracking closely