velu Posted December 23, 2020 Author Share Posted December 23, 2020 So many traders got screwed up on modays sharp fall esp non-directional option sellers .. premiums spiked up crazily , but again in 2 days premiums crashed to 5/6 month lows Link to comment Share on other sites More sharing options...
coffee_rules Posted December 24, 2020 Share Posted December 24, 2020 Is this good advice? Link to comment Share on other sites More sharing options...
Straight Drive Posted January 5, 2021 Share Posted January 5, 2021 On 12/24/2020 at 10:58 PM, coffee_rules said: Is this good advice? If one had invested for long time in ITC, the dividend received would have recovered the buying price of each ITC stock. TCS gave 44 Rs dividend per stock last year. Some companies have too much of free cash flow, ITC being one of them. They have too much surplus even if they give dividend year after year. Paying dividend is also a good sign. Some companies do not pay dividend, they are in loss. All NIFTY 50 stocks pay dividend. I don't think there is even one scrip in NIFTY 50 which does not gives dividend. coffee_rules 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted January 10, 2021 Share Posted January 10, 2021 Reference: https://indianexpress.com/article/trending/trending-in-india/here-is-why-nse-apologised-after-tweeting-picture-of-mouni-roy-7140614/ velu 1 Link to comment Share on other sites More sharing options...
randomGuy Posted January 10, 2021 Share Posted January 10, 2021 How is IDFC first bank looking technically and fundamentally if anyone tracks? Link to comment Share on other sites More sharing options...
Straight Drive Posted January 10, 2021 Share Posted January 10, 2021 (edited) 1 hour ago, randomGuy said: How is IDFC first bank looking technically and fundamentally if anyone tracks? MD and CEO Rajiv Lall has resigned last quarter. Vaidyanthan who is one of the promoter has experience with ICICI in his career before. One third of corporate loan book is under moratorium. The stock was a good buy at 26-30 levels. At CMP 44 it is overvalued imo. The clarity on its loan book, provisioning and restructuring of loans will possibly happen in couple of quarters. I would personally avoid this scrip totally as of now. Edited January 10, 2021 by Straight Drive randomGuy 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted January 10, 2021 Share Posted January 10, 2021 (edited) Used this boom to book profits and reshuffled the portfolio. One of the long fresh position in reshuffled portfolio is in Britannia Industries at 3653. After avoiding long positions in pharma for decades, finally have gone for Divis Laboratories at 3709. Any long term fundamental views on above two stocks. Any better stock alternatives in the sectors which they operate in? @velu @jusarrived @randomGuy Edited January 10, 2021 by Straight Drive Link to comment Share on other sites More sharing options...
velu Posted January 11, 2021 Author Share Posted January 11, 2021 21 hours ago, Straight Drive said: Used this boom to book profits and reshuffled the portfolio. One of the long fresh position in reshuffled portfolio is in Britannia Industries at 3653. After avoiding long positions in pharma for decades, finally have gone for Divis Laboratories at 3709. Any long term fundamental views on above two stocks. Any better stock alternatives in the sectors which they operate in? @velu @jusarrived @randomGuy Britannia is like ITC , good dividend yielding stock .. i think in this overvalued market , its better to go for low beta high dividend yielding stocks not sure about why divis lab is up in the last 5 years but other pharma stocks didnt appreciate anything significant if you have plenty of fno stocks , its the time to write covered calls Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted January 11, 2021 Share Posted January 11, 2021 (edited) 34 minutes ago, velu said: Britannia is like ITC , good dividend yielding stock .. i think in this overvalued market , its better to go for low beta high dividend yielding stocks not sure about why divis lab is up in the last 5 years but other pharma stocks didnt appreciate anything significant if you have plenty of fno stocks , its the time to write covered calls Agree, the market is overvalued. Some investors who are buying overvalued stocks in current scenario will be the ones to say that stock market is useless once they get ino loss. Britannia gave 35 Rs dividend. Not as good as other companies give for example TCS, ITC etc. I went for it because of its potential rather than dividend. No stock in pharma has appreciated like Abbott has. Divis has gained on traction from the China impact viz a viz reducing supply chain impact wet China. Also Divis is investing in capex in setting up brownfield projects which are almost half done. The custom synthesis investments are happening and the API demand has also boosted good results. Divis is doing backward integration for key material like Gabapentin. For foreign companies which would look to derisk supply chain dependency on China, Divis will be one of the beneficiary. Also financially it is in a good position. The only concern I have about Divis is the management was probably fined by SEBI for non disclosure of crucial share transactions around few months back. If it happens again then it might shed off some price due to such negative news. Edited January 11, 2021 by Straight Drive velu 1 Link to comment Share on other sites More sharing options...
velu Posted January 11, 2021 Author Share Posted January 11, 2021 54 minutes ago, Straight Drive said: Britannia gave 35 Rs dividend. Not as good as other companies give for example TCS, ITC etc. I went for it because of its potential rather than dividend. they gave 4 dividends last year , total 143 rs .. .. they are making money but dont know what todo with it , so throwing their pfts to their share holders Announcement Date Effective Date Dividend Type Dividend(%) Remarks 05/10/2020 Special 1250% Payment of dividend of Rs. 12.50 (Rupees Twelve and Fifty Paise) per every 1 (one) fully paid-up equity share of face value of Re. 1 (Rupee One) each by utilizing its accumulated profits. 05/10/2020 Interim 1250% Payment of dividend of Rs. 12.50 (Rupees Twelve and Fifty Paise) per every 1 (one) fully paid-up equity share of face value of Re. 1 (Rupee One) each by utilizing its accumulated profits. 17/08/2020 26/08/2020 Interim 8300% Rs.83.0000 per share(8300%)Interim Dividend 20/04/2020 29/04/2020 Interim 3500% Rs.35.0000 per share(3500%)Interim Dividend Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted January 11, 2021 Share Posted January 11, 2021 (edited) 35 minutes ago, velu said: they gave 4 dividends last year , total 143 rs .. .. they are making money but dont know what todo with it , so throwing their pfts to their share holders Announcement Date Effective Date Dividend Type Dividend(%) Remarks 05/10/2020 Special 1250% Payment of dividend of Rs. 12.50 (Rupees Twelve and Fifty Paise) per every 1 (one) fully paid-up equity share of face value of Re. 1 (Rupee One) each by utilizing its accumulated profits. 05/10/2020 Interim 1250% Payment of dividend of Rs. 12.50 (Rupees Twelve and Fifty Paise) per every 1 (one) fully paid-up equity share of face value of Re. 1 (Rupee One) each by utilizing its accumulated profits. 17/08/2020 26/08/2020 Interim 8300% Rs.83.0000 per share(8300%)Interim Dividend 20/04/2020 29/04/2020 Interim 3500% Rs.35.0000 per share(3500%)Interim Dividend That's a good dividend of 143 Rs. I see the 35 Rs was interim dividend only . Britannia is now a leader in biscuits category. Have forayed into milk products and varieties of other snacks as well . Products are well penetrated and nicely branded. Some of them enjoy good valuation. The strong distribution network also gives the products a good reach within India. Capacity addition is ongoing to boost revenue. As for Divis: Capex of 1800 crore for FY21. Half of this is done and two sites are already functional to some extent as the remaining plan is underway Additional 400 crore capex for custom synthesis. 600 crore for site at Kakinada, the development which will be commencing shortly. Edited January 11, 2021 by Straight Drive velu 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted January 11, 2021 Share Posted January 11, 2021 @Real McCoy RBI SGB 2020-21 next tranche subscription period is 11 Jan - 15 Jan 2021. Price is INR 5104 per gram. Have gone through historical LBMA prices of gold and prepared this. Thought this may be helpful to you too. Link to comment Share on other sites More sharing options...
Straight Drive Posted January 21, 2021 Share Posted January 21, 2021 Sensex crossed 50k mark to make a ATH of 50,126.73. Link to comment Share on other sites More sharing options...
QuarantineTormentino Posted January 22, 2021 Share Posted January 22, 2021 Guys I need some advice, is HCL tech a good investment? They reported very good quarterly results recently. Link to comment Share on other sites More sharing options...
Straight Drive Posted January 23, 2021 Share Posted January 23, 2021 On 1/22/2021 at 1:37 PM, QuarantineTormentino said: Guys I need some advice, is HCL tech a good investment? They reported very good quarterly results recently. There are better alternatives like TCS and Infosys in the IT space. QuarantineTormentino 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted January 27, 2021 Share Posted January 27, 2021 Market opening in green today. Still overvalued inspite of the correction in last few sessions. Expect the shades of red to claw back. Link to comment Share on other sites More sharing options...
Straight Drive Posted January 27, 2021 Share Posted January 27, 2021 As anticipated market is back in Red in few minutes. More correction is likely from the highs which have been recorded recently. Hopefully it will bring nice opportunities to buy. Link to comment Share on other sites More sharing options...
diga Posted March 2, 2021 Share Posted March 2, 2021 @velu @Straight Drive Any views on Bharat forge? I see an inflection point in Auto sales . Link to comment Share on other sites More sharing options...
Straight Drive Posted March 6, 2021 Share Posted March 6, 2021 (edited) On 03/03/2021 at 5:13 AM, diga said: @velu @Straight Drive Any views on Bharat forge? I see an inflection point in Auto sales . Haven't tracked Bharat Forge before. Will try to do some research on it individually as well as auto sector in couple of weeks and then comment. I had a position in Eicher recently but made an total exit to book profit . Maruti Suzuki is another one on my radar in auto sector. Edited March 6, 2021 by Straight Drive Link to comment Share on other sites More sharing options...
velu Posted March 6, 2021 Author Share Posted March 6, 2021 On 3/3/2021 at 5:13 AM, diga said: @velu @Straight Drive Any views on Bharat forge? I see an inflection point in Auto sales . All auto companies are going down a bit because of semiconductor shortage .. Once things recover Bharat forge and other auto ancillary companies will outperform If you have lots of quantity do sell covered calls instead of selling the stock Link to comment Share on other sites More sharing options...
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