Repco Home Finance Ltd has informed BSE that M/s. Credit Analysis & Research Ltd (CARE) has upgraded the following ratings assigned to the Company:
Long-term Bank facilities: from “CARE AA-” to “CARE AA”
Non-Convertible Debentures Issue: from “CARE AA-” to “CARE AA”
http://www.bseindia.com/corporates/ann.aspx?scrip=535322&dur=A&expandable=0
Disc – invested
From a long term point i agree with you! But sometimes these short term movements are indicators of long term trend in a stock. I looked at the Volkswagen chart for last 3 months it had a downward trend from past 3 months even though the scandal broke out couple of weeks back. Might just be a coincidence, but insider trading do happen and cannot be ignored.
It’s better to look for a investment rationale than looking for a rationale for day to day movement.
Just read the news and wanted to inform the forum members and you beat me to it.
This is good news and management is fulfilling their commitments timely which again speaks highly of their execution skills. Q3 should see the full impact on the revenues that will get added from this plant.
However, I do not have how much revenue will be added from 1000 MT production at its peak. Time to dig the past data. Any one has the numbers off the hand?
Hot off the press (Sep 30, 2015 – 07:21pm) –
PI Industries Ltd has informed BSE that the Company has commenced the commercial production at its second unit located at Sterling SEZ facility, Jambusar in State of Gujarat w.e.f. September 26, 2015.
The new unit will enhance the production capacity by nearly 1000 MT per annum at Its peak production.
Source: http://www.bseindia.com/corporates/ann.aspx?scrip=523642&dur=A&expandable=0
The management of this company draws a lot of similarity with Nebraska Furniture which warren buffet had bought.
TV today had a good move today, any idea on whats the reason behind it?
The sell decision is as important as a buy decision at right time and price. I think Kaveri was your top holding few years back and it has been a multibagger. I think it would be helpful to know your thought process/reasons to sell Kaveri, unless if it’s not related to business fundamentals/growth prospects/risks and related to personal cash requirements.
Disc: Invested and holding
The sell decision is as important as a buy decision at right time and price. I think Kaveri was your top holding few years back and it has been a multibagger. I think it would be helpful to know your thought process/reasons to sell Kaveri, unless if it’s not related to business fundamentals/growth prospects/risks and related to personal cash requirements.
Disc: Invested and holding
Also keep close watch on Cash Conversion Cycle (CC Cycle), here in this case link here CC Cycle latest 2015 has CC Cycle is 205, coupled with this we need to have judgement on working capital requirement to support up to 205 days, if they have sufficient cash then it can be managed or else it may lead to fund rising.