Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
FIBERWEB INDIA (A Penny stock Review)
FIBERWEB India is a plastic products company with a market cap of around 500 crores.
The company is a zero debt firm.
it has an unpledged promotor holding of 50%
The overall valuations are slightly on the higher side compared to its peers, but the firm deserves such high valuations due to its robust past performance.
The quarter on quarter growth has been very consistent.
the last quarter sales jumped more than 150%, while the earnings almost doubled during the same time.
The annual sales have jumped almost 75%.
and annual earnings have gone up by 75%.
The Price earnings growth ratip stands at 0.5 which gives enough cushion on the valuations.
Technically the stock has been trading closer to its life time highs.
the price has tested the 233 Exponential moving average line many times.
I feel there is good scope for this stock to grow from current levels.
I expect this stock to double from the current levels of 175.
my target for this stock is 350.
If anything goes wrong for any reasons, my danger zone stop loss would be 100.
but the possibiility is pretty remote
Ashok Devanampriya
FIBERWEB India is a plastic products company with a market cap of around 500 crores.
The company is a zero debt firm.
it has an unpledged promotor holding of 50%
The overall valuations are slightly on the higher side compared to its peers, but the firm deserves such high valuations due to its robust past performance.
The quarter on quarter growth has been very consistent.
the last quarter sales jumped more than 150%, while the earnings almost doubled during the same time.
The annual sales have jumped almost 75%.
and annual earnings have gone up by 75%.
The Price earnings growth ratip stands at 0.5 which gives enough cushion on the valuations.
Technically the stock has been trading closer to its life time highs.
the price has tested the 233 Exponential moving average line many times.
I feel there is good scope for this stock to grow from current levels.
I expect this stock to double from the current levels of 175.
my target for this stock is 350.
If anything goes wrong for any reasons, my danger zone stop loss would be 100.
but the possibiility is pretty remote
Ashok Devanampriya
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
**************************************
GM BREWERIES - A BALANCED MID CAP FIRM
GM Breweries is a mid cap breweries and distilleries firm with a market cap of 1400 crores.
This is another debt free and cash rich firm.
the promotors holds almost 75% of the total outstanding shares.
The valuations are pretty reasonable or lower compared to its peers.
The Q on Q earnings were decent.
The annual sales went up by 10%
while, the earnings went up by 40%.
the operating margins have been higher than 20% since 2 years.
Technically the stop is trading above all the key moving average levels.
the price recently corrected about 35% before turning up from a GANN resistance level.
i expect the stock to perform well from current levels of 930 due to its robust earnings.
There is a strong monthly demand zone at 725 levels.
hence my danger zone stop loss would be 700 for this script.
Ashok Devanampriya
*************************************
GM BREWERIES - A BALANCED MID CAP FIRM
GM Breweries is a mid cap breweries and distilleries firm with a market cap of 1400 crores.
This is another debt free and cash rich firm.
the promotors holds almost 75% of the total outstanding shares.
The valuations are pretty reasonable or lower compared to its peers.
The Q on Q earnings were decent.
The annual sales went up by 10%
while, the earnings went up by 40%.
the operating margins have been higher than 20% since 2 years.
Technically the stop is trading above all the key moving average levels.
the price recently corrected about 35% before turning up from a GANN resistance level.
i expect the stock to perform well from current levels of 930 due to its robust earnings.
There is a strong monthly demand zone at 725 levels.
hence my danger zone stop loss would be 700 for this script.
Ashok Devanampriya
*************************************
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
RUCHIRA PAPERS is small cap Paper products firm with a market cap of 435 crores.
the debt is about 45% of the total equity.
the promotors hold more than 60% of the total shares without any peldging.
The company is reasonably valued compared to its peers and also the overall industry PEs and PBVs.
The market cap of the company is almost close to the total annual sales of the company.
The PEG ratio is at around 0.3 which is similar to most peers.
The Quarter on Quarter performance has been amazingly consistent.
The total annual sales have jumped around 8%.
the annual earnings have gone up by 30%
the margins have been consistent at 16% levels.
the company sits on a fixed asset of 180 crores which is almost 40% of the total firm valuations.
Technically the stock is above all moving averages.
it correctly almost 25% from the recent peak during the recent fall.
currently it is going up to test those life time high levels.
The stock looks good at the current level of 187.
it has a great potential. couple of good quarters can take the stock to unknown territory.
i expect this stock to double in the next couple of years.
My danger zone stop loss is 150.
I dont believe in any investing without a stop loss.
i do not believe in the theory of averaging.
Ashok Devanampriya
*************************************
the debt is about 45% of the total equity.
the promotors hold more than 60% of the total shares without any peldging.
The company is reasonably valued compared to its peers and also the overall industry PEs and PBVs.
The market cap of the company is almost close to the total annual sales of the company.
The PEG ratio is at around 0.3 which is similar to most peers.
The Quarter on Quarter performance has been amazingly consistent.
The total annual sales have jumped around 8%.
the annual earnings have gone up by 30%
the margins have been consistent at 16% levels.
the company sits on a fixed asset of 180 crores which is almost 40% of the total firm valuations.
Technically the stock is above all moving averages.
it correctly almost 25% from the recent peak during the recent fall.
currently it is going up to test those life time high levels.
The stock looks good at the current level of 187.
it has a great potential. couple of good quarters can take the stock to unknown territory.
i expect this stock to double in the next couple of years.
My danger zone stop loss is 150.
I dont believe in any investing without a stop loss.
i do not believe in the theory of averaging.
Ashok Devanampriya
*************************************
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
Hello everyone.
A quick update on this stock reco.
The financial statements gave a very nice picture about firm.
When we went deeper into their last year results documents , we found some anamolies. Hence if anyone has positions in this stock, please exit from the counter.
Ashok Devanampriya
A quick update on this stock reco.
The financial statements gave a very nice picture about firm.
When we went deeper into their last year results documents , we found some anamolies. Hence if anyone has positions in this stock, please exit from the counter.
Ashok Devanampriya
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
The above post is making rounds in most groups.
Tips make u slave for life.
I dont know anyone who made money thru tips.
I never take tips and never give tips.
Dont get carried away by glorified words.
Repeated bullshit can never become wisdom
Ashok Devanampriya
Tips make u slave for life.
I dont know anyone who made money thru tips.
I never take tips and never give tips.
Dont get carried away by glorified words.
Repeated bullshit can never become wisdom
Ashok Devanampriya
Forwarded from Ashok Devanampriya
After a successful workshop in bangalore.
Visiting chennai next month
Visiting chennai next month
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
this is where u need gods intervention during trading.
Today BEML was in BAN. hence i took cash MIS order to enter the stock as it was a super strong demand zone.
i squared off my intraday MIS order at exactly 3.03 PM and the 4% rally came exactly the next min
Lost 25K opportunity just by a min of decision.
Today BEML was in BAN. hence i took cash MIS order to enter the stock as it was a super strong demand zone.
i squared off my intraday MIS order at exactly 3.03 PM and the 4% rally came exactly the next min
Lost 25K opportunity just by a min of decision.
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
Our fundamental Picks for 2018 shared with our clients.
expect the portfolio to minimum double in 4 years time.
Ashok Devanampriya
expect the portfolio to minimum double in 4 years time.
Ashok Devanampriya
Forwarded from Techno Fundamental Investor (Ashok Devanampriya)
WORKSHOP ON AUTOMATED TRADING SYSTEM @ MUMBAI by MARKETCALLS
For Registration Visit: http://www.tradeaction.in/blog/events/
For Registration Visit: http://www.tradeaction.in/blog/events/
Forwarded from gainttrade
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Free stock market learning space. More Than 1000++ eBooks Available.
Telegram:
For ebooks + video courses :
https://t.me/joinchat/AAAAAD6hf0QtHKzFdAZ0Ew
For news papers + Magazines :
https://t.me/joinchat/AAAAAEtx7csg31q7r0zZHw
Android app for free nitty trade :
https://play.google.com/store/apps/details?id=io.app.wavemetric
My referral code WMZWXWYM
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