tag:blogger.com,1999:blog-7148222695370746347.post6027394855705184893..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: Stock Chart Pattern - Sesa GoaSubhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7148222695370746347.post-65240541155716338732009-09-24T23:17:07.195+05:302009-09-24T23:17:07.195+05:30The Sesa Goa stock is looking pretty bullish on th...The Sesa Goa stock is looking pretty bullish on the charts, so I'm not surprised that the promoters have increased their stake.<br /><br />It could dip to 230 before the next up move.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-51048400597145844522009-09-24T20:49:14.869+05:302009-09-24T20:49:14.869+05:30Vedanta has increased its stake in Sesa Goa by 2.1...Vedanta has increased its stake in Sesa Goa by 2.12% through market purchase between Sep 10 to 18. This means the promoters have bought the stock at a price > 241.<br /><br />Does that indicate the promoters are seeing value even at this price?<br /><br />The last time they hiked the holding through allotment, the price was around 162.SG Money Mindhttps://www.blogger.com/profile/07134523706510323768noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-85671939848079844302009-08-22T21:29:29.982+05:302009-08-22T21:29:29.982+05:30DCF is the last step (valuing the company to deriv...DCF is the last step (valuing the company to derive the approximate share price based on Free Cash Flow) I employ on any stock. Because applying DCF or low PE or low PB logic on any stock may result on a +ve result substantiating the bias the investors has already built up.<br /><br />So I judge the company first based on its management and fundamentals. <br /><br />There are several companies which have consistent RoE > 20, no debt. E.g. Hawkins Cookers, TTK Prestige or Numeric systems. But I won't touch them or won't apply the DCF on them.SG Money Mindhttps://www.blogger.com/profile/07134523706510323768noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-42059641422286221602009-08-22T15:19:29.352+05:302009-08-22T15:19:29.352+05:30What kind of stock screeners are we talking about?...What kind of stock screeners are we talking about?<br /><br />@SGMM - would be interested in knowing how you do your stock screening with DCF, if that is ok to askscorpiohttps://www.blogger.com/profile/01323816247057721005noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-37537068798545750862009-08-20T20:44:32.531+05:302009-08-20T20:44:32.531+05:30Ah! A vital ingredient - a bit of judgement. Comes...Ah! A vital ingredient - a bit of judgement. Comes from experience.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-5437456122978017762009-08-20T19:57:43.895+05:302009-08-20T19:57:43.895+05:30Subhankarji,
No. Mine is a old model spreadsheet ...Subhankarji,<br /><br />No. Mine is a old model spreadsheet with DCF calculations combined with a bit of judgement.SG Money Mindhttps://www.blogger.com/profile/07134523706510323768noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-80260771196513028352009-08-20T13:46:11.909+05:302009-08-20T13:46:11.909+05:30@scorpio: I will be wary shorting in a market that...@scorpio: I will be wary shorting in a market that is behaving like a yo-yo, Ashish. The China impact and the royalty overhang is already 'discounted' in the price.<br /><br />@SGMM: Are we using the same stock screens?! You have almost got your price.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-2627910799152394842009-08-20T09:19:00.963+05:302009-08-20T09:19:00.963+05:30This is another stock coming up on my radar. My f...This is another stock coming up on my radar. My fundamental screen tells me it as value buy below 220.SG Money Mindhttps://www.blogger.com/profile/07134523706510323768noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-45137057706789962922009-08-19T23:47:59.753+05:302009-08-19T23:47:59.753+05:30Is shorting a good option. Also most of their busi...Is shorting a good option. Also most of their business is in china, would that not have an short term impact with the china markets moving down and pushing the commodities down as well?scorpiohttps://www.blogger.com/profile/01323816247057721005noreply@blogger.com