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Double Top Buy & T20 Pattern - Bullish above 683.63 daily close on 1% Box Size chart. https://t.co/O7IMZwikx2
GUJGASLTD
— Saket Reddy (@saketreddy) June 2, 2021
Double Top Buy, T20 Pattern - Bullish & Super Pattern - Bullish above 575.44 daily close on 3% Box size chart. pic.twitter.com/DGCTBtGB63
Today's move is an example of this tweet. Save this chart for future ref. https://t.co/amUhSLrET3
#FreeTip
— HMK alias MANOJ (@scorpiomanojFRM) June 23, 2021
A general rule to assess if a market is ranging is to look at developing TC and / or developing BC. If either of them is flat, it means market is currently ranging. If you are trading in 5 min, go to a lower tf chart, say, 2 min to have a less lagging assessment.
A business like Universal which controls more than 1/3rd of all published music globally is selling for less than 6x FY20 Sales.
Why are Indian businesses like Saregama / Tips selling for 11x, 20x their sales?
If I include all of the revenue generated by entire firm, its selling for ~4.5x FY20 Sales
Universal Listing Market Cap ~ 40 Billion USD
FY 20 Revenues ~ 8.87 B USD or 7.4B EUR
Catalogue of Music includes every international artist you can possibly name
Either Universal is grossly undervalued or Saregama/Tips are grossly overvalued.
https://t.co/aHzWSYtcUt
Homework for all the interested participants here:
— Intrinsic Compounding (@soicfinance) June 27, 2021
Q1.Why 20% and not 50%+ Margins for UMG
Q2. Differences in dynamics between Western&Indian cos?
Q3. Trends in West vs Trends in India in the industry.
Research and find the answers. My job is done \U0001f601\U0001f64f
https://t.co/v0EMoCuYKX
If you see the ebitda of universal music its low 20% compared to our saregama 30% or tips 50%. So when you compare earnings saregama is 40x and tips is 30x and universal music is 30x. Also these type of companies are less( low or no capex with excellent and growinh cashflows)
— Srikanth V (@mynameisnani75) June 27, 2021
All round CAPEX play!
If Sugar cycle is really as strong as it is said to be in India right now and rightly so many stocks have broken from decade long ranges, then cos would start announcing huge CAPEX from Q1/Q2!
— Saket Reddy (@saketreddy) April 30, 2021
Biggest beneficiary would be ISGEC (Cap goods), at < 1x FY21 Sales & 18x Earnings! pic.twitter.com/397oCkEBOA
ACRYSIL is also expecting a tie up with Menards and something for Home Depot and Lowe's as well maybe once they touch a million units capacity.
Acrysil Ltd
— Shubham Mishra\U0001f1ee\U0001f1f3\u26a1 (@shubhfin) June 28, 2021
Acrysil Limited announces Capacity Expansion of Quartz Kitchen Sinks by additional 140,000 units p.a. to meet Global demand@saketreddy pic.twitter.com/jXWUmmLIo2
Extract from Annual Report of #RallisIndia
— Soumen Chatterjee (@Aries_Martian) June 27, 2021
Emphasis on Biotechnology in Crop Nutrition & Seeds business
Capex Plans \u20b9800 Cr next 5 yrs. \u20b9200 Cr approx in FY22, largely be funded from internal accrual
Thanks to @unseenvalue @ishmohit1 for their Webinar on Biotechnology
(1/2) pic.twitter.com/CCAS72KlN2