1 week avg delivery is 62% I see no reason to sell unless there is accute shortage of funds.
Disclosure: holding 1400 Qty...so my opinion maybe biased.
Current price very attractive only concern in investors eyes is unsecured loan book. But let me be honest, even secured loans are insecure in this country because corruption is deep seeded into genetics of individuals.
Excellent results of esaf,.... Ttm eps 9.1 Ttm 7.6 Estimated tgt 100 from cmp of 69 Factoring in RBI's new policy over unsecured loan, upto 90 should be imminent but 100+ is also possible
experts what are your expectations after good quarterly results from esaf @newgen consultancy@KAPPO@MRavichandran@Crow@Noorul and others too ,what target wecan expect in next week , disclaimer do rading on your risk , investment aare subject to market risk , no one is saying anyone to buy or sell anything
Results published? If yes then what should be strategy for coming days.
Thanks
533. Earthking| Link| Bookmark|
November 14, 2023 6:12:45 PM
IPO Guru (1300+ Posts, 500+ Likes)
Subject Announcement Attachment Broadcast Date/Time Board Meeting Intimation ESAF SMALL FINANCE BANK LIMITED has informed the Exchange about Board Meeting to be held on 18-Nov-2023 to inter-alia co...Read More Board Meeting Intimation Attachment xml ATTACHMENT 12-Nov-2023 15:29:57
ESAF board meeting on 18th Nov to consider Quaterly result ...
533.1. Ipoaspire| Link| Bookmark|
November 14, 2023 8:13:12 PM
Top Contributor (400+ Posts, 100+ Likes)
Expecting good results...this will raise 40 to 50 % by dec
Everyone Holding Blue Jet healthcare , Exit the stock Completely , If possible do it today itself
Some Bad Developments happening there In context to Fire accident causing fatality of 7 workers and severe injury to 5 workers .
I can't go more deep into this
Don't think such way that if results are good I will earn good profit , I think a big risk coming down the line which could even take the stock to 300 levels
About Kaynes Tech is an evergreen story and can be played for 3-5 yrs It's 95 Times of FY24 Earnings And 37 Rs.per share in 2025 , 65 Times On FY25 Earnings
Seeing this the valuations are extremely high but Yes , Semiconductor story and India+1 story . Can Play My personal view here is to not buy here Wait for 1900/2100 levels and then enter for 2600/3150/5000
527.6. Nifty Singh| Link| Bookmark|
November 10, 2023 8:24:12 PM
Top Contributor (200+ Posts, 100+ Likes)
@newgen consultancy Your initial view was significantly different regarding the blue jets, particulary the PE which is OK around 50 also. This fire incident and casualties are important bad happening which must draw serious attention from investors. My simple question is that, Apart from this episode are you aware of some other negative developments also in the company? Disclosure- I have exited on the day of fire incidence news became public; query is just for learning purpose.
@Nifty Singh Maybe you're talking about the Pollution control Department and Objections from Local Authorities
And Mainly , Culpable Homiside (intention of causing such bodily injury as is likely to cause death, or with the knowledge that he is likely by such act to cause death) against The Main Body of the company and some more litigations against remaining Chairperson
Let me explain why I bought Honasa consumer today :
I will explain Rationals based on Current M.cap which was just 8600 cr When I bought
Considering Current M.cap at 10000 cr Expected EPS For FY24 - Rs.4.25 /- share PE On FY 24 Earnings - 74 Times
EPS For FY25 : Rs.8.5 /-share PE On FY25 Earnings - 35
I personally can give this company a PE Of 45 Times of FY25 Earnings
So I get a Target of 382.5 Rs. I bought Today at 264 and The Price Target I got was indicating a 45% upside So In bought it and I am sitting on 21% Profits on Juat Day 1 BTW I didn't expected such Strong Bounce Back It was a Sheer Luck
See , Nothing would have happened if I didn't posted this or informing About my Tricky Buy It's not to show How good profits I made
It's an attempt to Change the mindset and Way of thinking of Retailers towards such New age Companies
Let me tell you , How this Formula Has made good money for me 1.Zomato - I have made 30% + Profits 3 times in this stock 2.Paytm - Took at 558 and Sold at 945 , I had got a target of 925 which was achieved 3.PB Fintech - Took at 420 , went in 20%+ losses but still was patient and still Holding sitting in wonderful profits 4.Took Fino Payment Bank
Also This worked in Aurobindo pharma and Varroc Engineering
I know many would have Judged me based on this Buy Call and Would Insulted me in your minds but This Formula is making good money for me and I don't regret buying any of the above
No Buying Recommendation for Honasa It was just to change Tge mindsets of Retailers and nothing more
Also IRM Declared its results They were good on all parameters But Market would react In a Negative manner ( Maybe ) and It would be a good chance to buy or Average down
I was not allotted or Not even holding but will buy soon at a small dip
I am bullish on IRM and It can be a good long-term wealth creator just its sector is Boring but its growth prospects are very good
@newgen consultancy great formula clearly it's making you wealth , but do you enter these scripts just before the last 2 quarter results or anytime when you see this formula happening , maybe it's a stupid question , but the time frame matters
I just make this analysis ready and wait for correct entry in any stock like In Honasa Today , My target price was just 15-20% from yesterday's closing But It was 45% From that 18% fall Making Risk Protected and Higher Risk-Reward Ratio
I have a general question to all members. Does delivery percentage give any clue to predict share price? I used to think higher delivery percentage leads to rise in stock price in near future. But in cello, despite higher delivery percentage and bulk deal, share price fall and in Honasa, stock moved more than 20% and delivery percentage is only 23.
525.1. UjwalG| Link| Bookmark|
November 11, 2023 12:03:06 AM
IPO Guru (1300+ Posts, 600+ Likes)
Practically speaking i dont think this predicts price patterns. Logically speaking higher delivery percentage over 3 to 5 days with more green candles, plus volume>avg volume of 20 days shows me that someone is accumulating,so price shld go up if this happens. Ps, We know that market does not works on equations, above is just a hypothesis, a algo backtesting is required to confirm this thesis. I do little bit of quant, hence i know this.
Bought 1500 in pre open... didn't even flicker a little bit below listing price...good momentum.. This says that stock should go to UC if Big fishes come in.
Those who bought today won't be able to sell on muhurat, those who are allotted may witness higher price because 4 cr qty in delivery locked until monday...so muhurat is a win win for allottees...no bulk deals, old school cornering.
Stocks bought on 10th and 12th November will be settled on next working day., hence you won't be able to sell stocks that you bought today. Rules of muhurat trading.
@Manan Surana Jefferies published a report today buy honasa target price - 520, with strong conviction after that news stock reversed completely almost 27% in intraday
but why did Jefferies said so , what's the reason, kr they are just another friend of these promoters , giving one time targets @newgen consultancy@Crow@Jetha Lal explain sir pls
I personally liked your 264 entry in this satta share, stock went quite upward after Jeffery's buy call.
I still suspect, it will go down again for some percentages because of hype, as -ve fundamentals will again come into picture. This is my personal view according to trend of sudden moves (+ve to -ve and vice versa) after this news, let's see in next week.
523.7. Cyclodium| Link| Bookmark|
November 11, 2023 11:53:25 AM
Top Contributor (600+ Posts, 100+ Likes)
Bro pls don't trap innocent retailers Ye promoter artificial pump karenge those dino ke liye phir dump Stay away Ye Jefferies ko itni umeed hai tho open market se constantly buy kyu nHi karta Ye sab target retailers ko phasane ke liye hai