increase this to 2,200 by FY23.
Domestic MDF market size is pegged at 2500Cr currently & is
expected to grow at 15% CAGR over the next 3 years (organised players to grow even faster).
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
More from Saket Reddy
Double Top Buy & T20 Pattern - Bullish above 2189.89 daily close on 1% Box Size Chart. https://t.co/dEAqzILJj4
DEEPAKNTR
— Saket Reddy (@saketreddy) March 30, 2021
Double Top Buy & ABC Breakout above 1608.64 daily close on 1% Box size chart & Double Top Buy active on 3% Box size chart.
2000 Coming! https://t.co/ifywtsGM0S pic.twitter.com/VM7TneVwOr
Double Top Buy triggered above 3938.97 daily close on 1% Box Size chart. https://t.co/ZTxOtTreco
ALKEM
— Saket Reddy (@saketreddy) January 8, 2021
The company is engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products.
Double Top Buy above 3013 daily close on 3% box size chart, DTB active on 1% chart. pic.twitter.com/ToYx5T3Reb
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Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.