team,
I am not sure whom you are referring same person. i am quite new to this forum. perhaps you would have exchanged ugly / bitter with some other folks.
I saw rainbow tanked 17%, and going through MRavi comments that he bought it around 436, later i waited for few more days and bought it around 417. if you look at whole market why it is tanking down , due to PE de-rating right?
if not Nifty/Sensex would not have crashed like this, why index got crashed during corona time or Lehman crisis , because of uncertainty around earnings.
Today all cement stocks are dead cheap based on their EV/Tonne.
if you look at Rainbow , scrip fundamentals are very good it is cheaper than KIMS, still it is under 500. if you are a long term investor , you need not worry.
Aether - no doubt on Fundamentals , but whole discussion is around De-rating.
Look at Gland Pharma , it was Trading above 4000/- one point of time. do you think that any thing changed in its fundamentals , answer is No
market re-rates based on certainity right
why IT stocks are suddenly getting re-rated ? if you grow 30% year on year , you can command PE re-rating. why divis is punished though it has phenominal earnigs, it is de-rating, same thing with SRF.
Look at IPO's since from 2020, how many are above issue price , and how many are tanked down.
this kind of euphoria was there for Internet based stocks in 2000 to 2001, FII bought every scrip, later very few scrips stayed and even in USA only FAANG scrips survived, rest all doomed. do you think warren buffet is fool not to invest like us, he sees the value and invest.
if a ether lists at discount , we can buy, even if it lists slight discount , one can buy.
do you think it's EBITDA margins will sustain in short term, if answer is yes, it will not tank down, else it will.
why bector foods is trading below it's issue price? lot of euporia around right.
no one can predict market accurately,
i am not convinced with its valuation based on the current Hyper inflationary environment and central banks monetary policy tightening.
i might be wrong , one can not pass derogatory just because he/she is not aligned with thought process.
Zerodha (Trading Account)
RHP
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