For successful investing… the market price movement should be given the most consideration… often greater than fundamentals and valuation… The phrase ‘market prices reflect everything’ means that, at any moment, a stock’s price reflects all information concerning its business prospect – and every price change then on reflects a change in those prospects. However, this … Continue reading Significance of Interpreting Market Price Action
Stubborn resistance to oxidation, unusual density, and ready malleability – these simple natural attributes explain all there is to the romance of gold. Peter L. Bernstein, The Power of Gold: The History of an Obsession Gold Prices and Market Foreknowing Analysing the Implications of Recent Gold Price Spikes and What They Could Mean for Investors. … Continue reading Gold Prices: An Ominous Aura
This post discusses the investment prospects of L G Balakrishnan & Bros., Oriental Carbon & Chemicals, and Associated Alcohols & Breweries. Convergence The Past One-year Performance of L G Balakrishnan & Bros. illustrates the Importance of Margin of Safety in Stock Investing In April 2023, when we previously discussed it, we were bullish on the … Continue reading L G Balakrishnan, Oriental Carbon, Associated Alcohols
The Indian stock market is currently in a bull market that is more than twenty years old. It began in 2003 and since then the Nifty50 index has multiplied eleven times – an annualised return of 13 percent. However, the rise in stock prices wasn’t smooth and linear. There were occasional price corrections; two of … Continue reading Has the Market Run Too Far Ahead?
LINCOLN PHARMA The stock of Lincoln Pharma is up 90 percent in the last year, a commendable feat considering its low earnings growth, mediocre working capital management, and sluggish capital allocation. However, it is not a poor-quality stock. The stock has good fundamentals, such as a debt-free balance sheet and a high and stable gross … Continue reading Stock Musings – Lincoln Pharma, Dynemic Products, Pakka
This post discusses the financial performance of Meghmani Organics, RACL Geartech, and Kovai Medical Center & Hospital for the quarter ended 31 Dec. 2023 and their investment prospects considering these results. Meghmani Organics Meghmani Organics (MOL) reported its Q3FY24 (quarter ended 31 Dec. 2023) results on Jan. 30, 2024. This quarter's financial performance is a … Continue reading Analysis: Q3FY24 Results – II
This post discusses the financial performance of three stocks – Control Print, SRG Housing, and CSB Bank - for the quarter ended 31 Dec. 2023 and our perspective on the respective stocks’ investment prospects considering these results. Control Print Control Print reported its Q3FY24 results on Jan. 22, 2024. Sales and operating profit were up … Continue reading Analysis: Q3FY24 Results – I
Choosing the Right Investment Advisor and Building a Purposeful Relationship involves evaluating his expertise and trustworthiness Investing in the stock market, and profiting from that endeavour sustainably, requires an investor to understand an individual stock’s business fundamentals, its growth prospects, and the general market trend. He then needs to estimate an intrinsic value for the … Continue reading Choosing the Right Investment Advisor
Evaluating the Investment Potential of RACL Geartech RACL Geartech would be one of the best investment decisions I have ever made, but one of my worst investment decisions too. I first purchased the stock at ₹67 per share in September 2018, which I consider one of my best investment decisions. But almost a year later, … Continue reading RACL Geartech’s Dream Run in the Stock Market
Control Print’s Recent Performance Analysis & Investment Stance Update Control Print has reported better earnings growth and profitability for the past two years. Its stock price performance over the past two years reflects this improved profitability. The stock has gained 17 percent in 2022 and 150 percent in 2023. We first discussed ‘Control Print’ in … Continue reading A Quality Stock, But at a Premium Valuation
AMN CAPITAL 