Yes you are right. It would have been more prudent.
But I am taking a call on the election. And anyway, if results go directionally opposite to what is generally believed, entire pf will go for a toss.
So extra 15% makes no difference:)
Yes you are right. It would have been more prudent.
But I am taking a call on the election. And anyway, if results go directionally opposite to what is generally believed, entire pf will go for a toss.
So extra 15% makes no difference:)
Yes you are right. It would have been more prudent.
But I am taking a call on the election. And anyway, if results go directionally opposite to what is generally believed, entire pf will go for a toss.
So extra 15% makes no difference:)
I exited the position. Not a reliable stock in terms of return.
I exited the position. Not a reliable stock in terms of return.
Even I am wondering what caused this big fall. Quant exited last month (not sure if they were doing some year end planning), Kenneth’s fund has entered recently and accumulated further (he is not in for short term). Results are not bad but impact of temporary issues as highlighted in presentation. Long Term I don’t anticipate adverse scenario. In fact with US becoming more suspicious of China I see good traction for Indian Pharma. I am in it for long haul and accumulating based on my capacity on each such big fall.
Even I am wondering what caused this big fall. Quant exited last month (not sure if they were doing some year end planning), Kenneth’s fund has entered recently and accumulated further (he is not in for short term). Results are not bad but impact of temporary issues as highlighted in presentation. Long Term I don’t anticipate adverse scenario. In fact with US becoming more suspicious of China I see good traction for Indian Pharma. I am in it for long haul and accumulating based on my capacity on each such big fall.
Inspiring writeup. Kudos to your choice of stocks and patience with already multibaggers .
One thing which I would add ,and it’s related to being lucky, we must be aware of what’s is currently market’s favourite sector (currently it’s Renewable and related). If we align ourselves to market’s favourite as early as we do, we may say we were lucky .
I wish you great luck with your stocks
Keep sharing knowledge
Inspiring writeup. Kudos to your choice of stocks and patience with already multibaggers .
One thing which I would add ,and it’s related to being lucky, we must be aware of what’s is currently market’s favourite sector (currently it’s Renewable and related). If we align ourselves to market’s favourite as early as we do, we may say we were lucky .
I wish you great luck with your stocks
Keep sharing knowledge
Also, was there a need for a new plant when sales are stagnant. It seems their strategy is not right. Surely profitability will be hit. Return ratios are also not great.
PE multiple of 15 for such companies is quite high. its 5 year average PE is 11.
It could be a good investment at Rs. 300.
Also, was there a need for a new plant when sales are stagnant. It seems their strategy is not right. Surely profitability will be hit. Return ratios are also not great.
PE multiple of 15 for such companies is quite high. its 5 year average PE is 11.
It could be a good investment at Rs. 300.
EvoLve theme by Theme4Press • Powered by WordPress & Rakesh Jhunjhunwala Latest Stock Market News
The Most Valuable Commodity Is Information!