The Stock Market thread

[KnackChap]

6 minutes ago, rushaboswal said:

Kal chutti sirji. Apna CM will continue lockdown. Has no other option.

Why chutti? Ram navami? 
 

Bhai abhi topi sahab ne bola ke full lockdown karenge. Dekho kya hota hai. 

[rushab oswal]

21 minutes ago, KnackChap said:

Why chutti? Ram navami? 
 

Bhai abhi topi sahab ne bola ke full lockdown karenge. Dekho kya hota hai. 

Yes ram navamni. Ab toh jyada cash bhi nae deploy karne ke liya lmao XD

[KunjanPSD]

Pfizer India share down 5% after news broke that they will supply vaccines at non-profit price to India.

Lol, share market has its own priorities.

[El Tigre Chino]

On 4/20/2021 at 1:56 PM, KunjanPSD said:

ITC looks very attractive to me. Lambi race ka ghoda hai yeh. Sooner or later stock price will reflect the business.

 

On 4/20/2021 at 3:12 PM, KunjanPSD said:

Market sentiment ka kya kar skte ho.

It's the most undervalued stock in FMCG space, just look at the peers.

I can only believe in fundamentals and those are rock solid. Maybe if they ever demerge the business, true value will come through.

Solid company. Currently something like 70% of their revenue is coming from cigarettes though. Till that balance doesn't shift towards FMCG though it's going to stay around the 200-220 levels, steps are being taken in that direction but you have to be in it for the long haul. Had invested when it was down to 160-180.

[KunjanPSD]

10 minutes ago, El Tigre Chino said:

 

Solid company. Currently something like 70% of their revenue is coming from cigarettes though. Till that balance doesn't shift towards FMCG though it's going to stay around the 200-220 levels, steps are being taken in that direction but you have to be in it for the long haul. Had invested when it was down to 160-180.

It's one of my convictions for the long run, 10 years or even more. There might be better opportunities during that time but I take it as a learning opportunity. Not that I have invested a big chunk of the portfolio into it.

 

Whenever they decide to demerge the business, the value will be more visibile.

My average price is a bit higher than yours but over time I will continue to add whenever the stock dips. Not interested in quick money.

[rushab oswal]

1 hour ago, KunjanPSD said:

It's one of my convictions for the long run, 10 years or even more. There might be better opportunities during that time but I take it as a learning opportunity. Not that I have invested a big chunk of the portfolio into it.

 

Whenever they decide to demerge the business, the value will be more visibile.

My average price is a bit higher than yours but over time I will continue to add whenever the stock dips. Not interested in quick money.

My average is around 200 too. It may or may not turn a multibagger, but it will be paying dividends and sure as hell won't go zero. So I consider it as a hedge ?

[Banz]

ITC has shown consistent growth in annual profits over the last decade with the exception of 2020-21 (due to lockdowns and cigarette sales taking a hit).

The reason its share price won't go up is because ITC keeps diluting the stock by issuing new shares. I also have a few shares and am looking to buy some more, because it is gives good dividends but it's a very small part of my portfolio.

 

Also, the other day I sold all my holdings of Graphite (my favourite stock) at 711 which I had purchased over the last 2-3 years for avg. price of 284. Instant regret as the share price continued to rise and hit 730+ today. Rookie mistake, I know.

 

 

[KunjanPSD]

14 minutes ago, Banz said:

ITC has shown consistent growth in annual.

9 minutes ago, Mr. Comingle said:

So they're increasing earnings but also keep increasing the capital base. That would dilute the ROE for sure. That's just inefficient growth. Dividend yield is 5% but its already priced in so doesn't matter. 

 

Check how much ITC has given away in bonus shares, thinks will make more sense from an investment point of view then.

[rushab oswal]

7 hours ago, Banz said:

Also, the other day I sold all my holdings of Graphite (my favourite stock) at 711 which I had purchased over the last 2-3 years for avg. price of 284. Instant regret as the share price continued to rise and hit 730+ today. Rookie mistake, I know.

You made money was more important than you missed making some more. I sold affle at 2900 EKC at 78 Deepak nitrite at 1020 laurus labs at 375 and much more early exits. Once you sell no regrets. Your amongst the very few actually making money. 

[KnackChap]

4 hours ago, rushaboswal said:

 Once you sell no regrets. Your amongst the very few actually making money. 

 

??

Jo cash out kiya woh apna, baaki sab sapna. 

[rushab oswal]

1 hour ago, KnackChap said:

 

??

Jo cash out kiya woh apna, baaki sab sapna. 

Exactly.

[psinide]

ICICI good to hold? I think it might go to 750+ in about a years time, seems undervalued at the moment

[KnackChap]

Itc below 200 after a long time. Good time to buy

[KunjanPSD]

On 5/4/2021 at 2:59 PM, KnackChap said:

Itc below 200 after a long time. Good time to buy

My dad loves ITC. He was like "200 ke neeche? Chaandi ho gai, aur bharo" 

[sumanth]

On 5/4/2021 at 2:59 PM, KnackChap said:

Itc below 200 after a long time. Good time to buy

Thanks man, bought few.

[rushab oswal]

Making a list of twitter account whom you could follow for data and research . Please study before buying anythimg!

 

https://twitter.com/Arunstockguru - Great data

 

https://twitter.com/saketreddy - Great data 

 

https://twitter.com/saditya10p - Good calls 

 

https://twitter.com/ipo_mantra - All about ipo

 

https://twitter.com/WeekendInvestng - Straight forward no nonsense guy , also manages Smallcases

 

https://twitter.com/nishkumar1977 - Technical analyists , reall good at it.

 

https://twitter.com/Rishikesh_ADX - Another good technical

 

https://twitter.com/SForStiletto - Some dark horses , in deep study

 

https://twitter.com/AmitabhJha3 - Intraday calls. 

[KnackChap]

Yeah lots of good info out there if youre willing to put your time into it. You just need to be eklavya and find your dronacharya and learn from him. 

[rushab oswal]

2 minutes ago, KnackChap said:

Yeah lots of good info out there if youre willing to put your time into it. You just need to be eklavya and find your dronacharya and learn from him. 

Yes.

Also basics are avoid being greedy, have proper allocation, and don't ask stock tips 

[gamer_adi]

On 5/1/2021 at 12:02 PM, KnackChap said:

 

??

Jo cash out kiya woh apna, baaki sab sapna. 

 

On 5/1/2021 at 7:47 AM, rushaboswal said:

You made money was more important than you missed making some more. I sold affle at 2900 EKC at 78 Deepak nitrite at 1020 laurus labs at 375 and much more early exits. Once you sell no regrets. Your amongst the very few actually making money. 

 

Although i agree, but can't stop regretting selling SAIL last year. had bought 4000 @ 30, sold @ 45 couple of months later, now it's trading at 135, talk about flippin' regrets 

[KunjanPSD]

I am not feeling comfortable with the current level of the market. It does correct but ends up regaining all of it back and blowing away.

Market has stopped factoring in the corona and names in chemical, commodity and even IT sector is seeing huge influx of liquidity.

Somewhere it does feel like a decent correction is overdue.