Yes Bank QIP in August 2019: at 83.5/share Yes Bank stock price in September, 2019: 41.5 At what price, next fund raising will be???
Another special situation: INEOS Styrolution announced de-listing. Stock fell by more than 50% in last 1 year. Unfortunately, most of these offers fail as promoters are not willing to pay huge premium as stocks will rise high after announcements.
Coffee Day Enterprises disclosure to stock exchanges about debt position If these numbers are true If you like special situations if...
Ester Industries moved to ASM. This is the problem with stock exchanges and regulator. Taking decisions basing on price movements (stock moved from 24-39 in last 5 days) but not fundamentals or valuations. It is expected to make an EPS of 7-8 in normal case.
Ester Industries conference call: On Specialty Polymers We used to do 300-400 tonnes per year We will do that number per quarter in this year We did 550 tonne in Q1
Reliance Industries guidance: 15% sales CAGR for next 5 years. This will see valuations upgrade in coming years as share of retail and Jio will increase. Must have stock in watch list.
APL Apollo update about its subsidiary, Apollo Tricoat
Courtesy: Business Standard Bharti Airtel Vs Vodafone Idea
India Nippon electricals at 294. If you are a contra investor, study it. Guidance: Share of new products: 12% in FY17 & expected to reach 40% in FY21. FY18 operating margin: 11% & expected to reach 15% in FY21. Addressable market in FY18: 1900 crore & in FY23: 7900 crore
India Nippon electricals at 294. Everyone knew about auto sector issues. If you are a contra investor, study it.
RBL Bank was at 660: When I said, stock is at higher valuations, investors did not agree RBL Bank at 500: If I say, stock is at fair price, investors may not agree. they may say 400 is fair price. beauty of stock market - it is more of a psychological game than financial game.
Brutal attack on RBL Bank - stock is now at 503. Finally, investors are seeing real bear market where price movements are painful, brutal and difficult to comprehend. Hats off to management for projecting worst case scenario (Gross NPAs of 2.5%) even though no need to do so.
RBL Bank is corrected from 650 to 577 in July. P/B is now 3.35
When Piramal Enterprises came to 1720, social media geniuses started writing obituaries. When Quess corp came to 420, same story... If a stock falls, it is a bad business as if stock market is an efficient machine. This social media batch is doing more damage to investors.