PRAJIND
Double Top Buy triggered above 380.06 daily close on 1% Box size chart. https://t.co/gyxCSvAMZG
PRAJIND
— Saket Reddy (@saketreddy) June 7, 2021
Double Top Buy and T20 Pattern - Bullish above 391.85 daily close on 3% Box Size chart. pic.twitter.com/mxMd5z5pUo
More from Saket Reddy
The Home Building Theme has just broadened itself and is moving in top gear!
The best ways to play the real estate revival theme instead of buying the home builders :-
— Saket Reddy (@saketreddy) November 21, 2020
1. Ceramics (CERA, KAJARIA)
2. Pipes (ASTRAL, SUPREME, APLAPOLLO)
3. Paints (ASIAN, BERGER)
4. Cement (JKCEM, SHREEC)
5. Construction Chemicals (PIDILITE)
6. Electricals (POLYCAB, HAVELLS)
Just stay the course and this superb management with a prudent capital allocation abilities will compound your wealth over the long term!
PIIND
— Saket Reddy (@saketreddy) February 7, 2021
The case for Reinvestment of cash flows through Capex or Diversification into sectors with similar/higher Incremental ROIC & Asset turnover and growth prospects rather than pumping out bulk of the cash through dividends, hence earnings compounding at a much higher rate. pic.twitter.com/KJAhbIc1zv
The industry further has potential to capture incremental opportunity of 4500-5000Cr low-end plywood market. https://t.co/Cre3xVUNqu
GREENPANEL would grow earnings at 15-20% CAGR over the next 3-5 years with ROCE & Margin expansion once they commision the de-bottlenecked capacity in FY22 and the brownfield AP CAPEX in FY23/FY24.
— Saket Reddy (@saketreddy) October 14, 2021
Huge runway for growth, industry structure (both MDF & RE) turned for the good! https://t.co/jFTZCwhNMS
GREENPANEL had 1,400 dealers (retail business) as of FY21 and added 250 dealers in 6MFY22. Target to
increase this to 2,200 by FY23.