Which public sector bank has smooth online banking experience relatively? I am looking to open a savings account. I am interested in PNB, BOB, Canara banks currently, what is everyone's experience?
#BankSystem
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Market Mentor
3K posts
Market Mentor
@stockastician
Permanent Bull || Microcap Enthusiast || Long Term Investing || Techno Funda Analysis || Enterpreneur || Not SEBI Registered || Multibagger Hunter 🚀 || DM Open
India Katılım Eylül 2023
392 Takip Edilen1.1K Takipçiler
I don't understand why is Bengal elections important for Indian stock market. I think only the general elections matter for markets. Why would a state election have so much effect, especially it's not a hugely industrialized state like Maharashtra lol.
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@stockastician Its first leg of bull from a long bear. The buying is ferocious wherever it is coming. Those will become the leader but also tells you the liquidity will slowly disperse across the breadth in upcoming legs once result season and other little overhangs clears
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Seems like a narrow bull run in very specific names, not like the 2024 one, where anything and everything was rising. Another important feature is that I am not seeing the promoters flooding the markets with ipo yet, which usually happens in the bull market. And many good results are not seeing buying but rather selling as well. It basically means liquidity is still missing in overall market but highly concentrated in some specific sectors. It's my gut feeling but this seems to be the early phase of a bull market.
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Market Mentor retweetledi
This note is free to read in full. No paid subscription needed.
antifragilethinking.substack.com/p/knowing-when…
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So far:
1. Accretion Pharmaceuticals 56% up from my buying levels and reached ATH today.
2. Avp Infra 30% up but consolidating now, seems like waiting for Tamil Nadu poll results on 4th.
3. Baid has been 15% up and largely consolidating, will have to check the results and then see what to do next. Ultimately it's a play on the commercial vehicle cycle. Iran war might have a negative effect but from Q2 of 2027 (FY), we might see different picture. Anyway, it's better to wait for the results.
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Seems like caught the bottom here, each one around 20-30% higher in a week lol.
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Added three new companies in portfolio:
1. Accretion Pharmaceuticals
2. AVP Infracon
3. Baid Finserv
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Seems like a narrow bull run in very specific names, not like the 2024 one, where anything and everything was rising. Another important feature is that I am not seeing the promoters flooding the markets with ipo yet, which usually happens in the bull market. And many good results are not seeing buying but rather selling as well. It basically means liquidity is still missing in overall market but highly concentrated in some specific sectors. It's my gut feeling but this seems to be the early phase of a bull market.
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Market Mentor retweetledi
Crazy volumes in SKP today!
@stockastician sir kitna kharid rahe ho? 👀
Market Mentor@stockastician
New entry in the portfolio: SKP Bearings At current levels, if we write off the bleeding French subsidiary, then the Indian business itself is seeing spectacular cash flow. The Zamar plant is operating at 23% capacity currently and operating leverage is bound to play here if we get increased utilisation. Even at 15 standalone p/e, we get a market cap of 230-250 cr. This is the bear case scenario if the French acquisition doesn't pay off. Now consider the bull case where the management is saying that the French subsidiary will break even in this calendar year itself. And if it can go to its previous annual revenue rate of around 70-80 cr with PAT margins of 10%, that adds 7-8 cr to the bottomline. A sme business with an international acquisition generating annual 70-80 cr will be instantly rerated to 25-30 p/e by the market. So combine the cash flow and operating leverage playing out in the Indian business and the international subsidiary generating profits, we might see a market cap of around 600-700 cr. This is at least a 2x-3x story on medium term. The consolidated p/e looks optically high because the cash generated by the Indian business is being burnt at the French side. But in microcaps, always look for solvable problems which are giving you prices at distressed valuations. This one perfectly plays that out. In terms of quality, the business has a micro moat because precision engineering is growing at a unprecedented rate currently. They supply to international OEMs like SKF, Timken, FAG and that alone proves their quality. The promoters have high skin in the game where they put money out of their own pocket into the business and they have been buying shares as much as legally possible since the last year. This signifies extreme bullishness and conviction in their company. There are multiple triggers at play here one of which is the QCO against Chinese dumping. That is yet to play out but the Hormuz crisis may act as artificial QCO because sourcing from China via sea might get expensive for many end customers. That will force many Indian OEMs to look within the country and who is better positioned than SKP with their capacity and prowess? This company was first brought to my attention by @Manojeet_Das but I was hesitant due to the cash burn of the French acquisition. Many times, the ego of the management gets in the way and they bleed the profitable, cash flowing side of a business to burn cash on the acquisition side. However, at current levels as I said earlier, the market is already discounting the French cash burn. The liquidation of that asset in dire cases will even be seen as a bullish signal by the market. However, if the French acquisition becomes profitable, that is the most bullish case scenario and there is a large chance of that to happen because in such business, changing your supply side is not so easy. It's taking time because Eruope has strict labour laws, carbon footprint controls and a thousand other legal things when an entity changes ownership. But overall, I think there is a good opportunity here.
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Market Mentor retweetledi
Sometimes the best opportunities are hidden in “boring” sectors
While everyone is chasing flashy energy themes, one company is quietly building a high-margin, annuity-style business in oil & gas services.
And the market hasn’t fully priced it in yet. 🧵
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@TheIranianzg3z @KobeissiLetter Another one following your template.😭
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BREAKING: Iran will send a delegation to Islamabad on Tuesday led by Mohammad Baqer Qalibaf, but only if Vice President JD Vance is present, according to the New York Times citing two senior Iranian officials.
The condition highlights Tehran’s insistence on high-level engagement as uncertainty continues around the talks.
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@fredunm Everything is signalling that this is just the beginning.
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Verdict:
I think I am loving this company more and more. This company can go very big. Hardly any social media presence by the promoter, just delivering numbers like these consistently quarter after quarter. This has been range bound for 3 years almost and growing consistently in earnings but share price hasn't appreciated. While most promoters dilute their stake the moment they get chance, this microcap hasn't done so. The debt is well under control as well. Only issue is OCF but I will give them time because I they are at growing stage currently. The management seems honest and hardworking to me.
Press Release:
Commenting on the Development, Mr. Fredun Medhora, Managing Director, said: “This year has been a transformative period for Fredun Pharmaceuticals, characterized by expansion and strategic initiatives. Our commitment to enhancing our product offerings and establishing a robust Non-Pharma business is paving the way for increased profitability and strong growth. As we navigate through this dynamic landscape, we remain focused on delivering high-quality healthcare solutions that cater to the diverse needs of our customers.
In FY25, we achieved several key milestones that underscore our dedication to innovation and excellence. Notably, we launched the FREOSSI Large Animals brand, introducing targeted products like Freossi Tone+ and Freossi Power, designed to address health challenges in livestock. Additionally, our Freossi pet care division made its international debut in Sri Lanka, offering nine premium-quality products and a pipeline of over 20 more. We also secured a significant tender from the Tamil Nadu Medical Services Corporation for generic medicines, valued between Rs. 150 million and Rs. 180 million, reinforcing our commitment to affordable healthcare. Furthermore, we are establishing capabilities to produce functional foods for pets, and have launched FREDNA VET DIAGNOSTICS, India’s first advanced diagnostic centre exclusively for pets. A notable addition to our product line is the Chuu Balm, which has received an excellent response since its launch, particularly in tier 2 and tier 3 markets.
Looking ahead, our main emphasis will be on expanding our Non-Pharma business, which we believe will serve as a crucial driver of profitability in the years to come. We anticipate strong margin growth in the future due to the introduction of new-age products. We are confident that these initiatives will contribute to our overall growth and profitability, positioning Fredun Pharmaceuticals for a successful future.”
#Fredunpharma
#StockMarket
#StockMarketIndia
Market Mentor@stockastician
Fredun Pharmaceuticals 💊 Getting too undervalued imo. Seems like big players want to accumulate before it goes up with a large volume. Multiple triggers: - Remarkable consistent growth - Expanding capacity - Niche pet care segment - Beneficiary to consumption theme of India - Range bound price for 3 years - Cheap valuations #stockmarketscrash
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New entry in the portfolio:
SKP Bearings
At current levels, if we write off the bleeding French subsidiary, then the Indian business itself is seeing spectacular cash flow. The Zamar plant is operating at 23% capacity currently and operating leverage is bound to play here if we get increased utilisation. Even at 15 standalone p/e, we get a market cap of 230-250 cr. This is the bear case scenario if the French acquisition doesn't pay off.
Now consider the bull case where the management is saying that the French subsidiary will break even in this calendar year itself. And if it can go to its previous annual revenue rate of around 70-80 cr with PAT margins of 10%, that adds 7-8 cr to the bottomline. A sme business with an international acquisition generating annual 70-80 cr will be instantly rerated to 25-30 p/e by the market. So combine the cash flow and operating leverage playing out in the Indian business and the international subsidiary generating profits, we might see a market cap of around 600-700 cr. This is at least a 2x-3x story on medium term. The consolidated p/e looks optically high because the cash generated by the Indian business is being burnt at the French side. But in microcaps, always look for solvable problems which are giving you prices at distressed valuations. This one perfectly plays that out.
In terms of quality, the business has a micro moat because precision engineering is growing at a unprecedented rate currently. They supply to international OEMs like SKF, Timken, FAG and that alone proves their quality. The promoters have high skin in the game where they put money out of their own pocket into the business and they have been buying shares as much as legally possible since the last year. This signifies extreme bullishness and conviction in their company.
There are multiple triggers at play here one of which is the QCO against Chinese dumping. That is yet to play out but the Hormuz crisis may act as artificial QCO because sourcing from China via sea might get expensive for many end customers. That will force many Indian OEMs to look within the country and who is better positioned than SKP with their capacity and prowess?
This company was first brought to my attention by @Manojeet_Das but I was hesitant due to the cash burn of the French acquisition. Many times, the ego of the management gets in the way and they bleed the profitable, cash flowing side of a business to burn cash on the acquisition side. However, at current levels as I said earlier, the market is already discounting the French cash burn. The liquidation of that asset in dire cases will even be seen as a bullish signal by the market. However, if the French acquisition becomes profitable, that is the most bullish case scenario and there is a large chance of that to happen because in such business, changing your supply side is not so easy. It's taking time because Eruope has strict labour laws, carbon footprint controls and a thousand other legal things when an entity changes ownership. But overall, I think there is a good opportunity here.
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Still, nothing close to the hype level. Only few have come out lol, I can actually see from the impressions of their posts. But when market keeps rising, more will come out with their 🚀, 🔥, 💣 emojis and big capitalised headlines like: BIG BREAKING, MULTI AGGER ALERT, HUGE OPPORTUNITY 💥
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Meme that comes to my mind when I see accounts becoming active, after 2-3 months or 1 year of inactivity, due to good market in April..☺️
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@samisosa1234 1. Baid Finserv
2. Deep Industries
3. AVP Infra
Català
What crazy rally across in smallcaps/microcaps...What a comeback. A lot seem fairly valued.
Possible companies where some undervaluation still exists (Please add to the list):
1. Viviana
2. Desco
3. Afcom
4. Prime cables
5. Akiko
6. Emvee
Disc: No Buy/Sell advice. Do ur DD
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Market Mentor retweetledi
The current bull market top will be around 24500-25000 (#CNXsmallcap100) .
It will be made in the year 2027.
Will be able to tell the specific timeframe of top by the end of this FY , like I predicted in 2024.
#Investing
#StockMarket
Nitin Verma@itsnitinverma
I am the only one who has correctly predicted almost every move of the Stock Market in last 2 years. You can ask grok to verify the same. Some examples - In March 2024, I predicted about correction coming from September/October 24 . It actually happened. It takes a lot of guts to predict about a correction 4 months before it actually happens and in raging bull market. In September 24, I posted I booked all profits and cash moved to Gold, Silver , other asset class. I gave Gold and Silver as Diwali picks in 2024 when everyone was giving stock names. What happened in Gold and Silver after that is known to all. Recent tale of timing market - Cautioned about sharper fall after 17300(#CNXSmallcap) - which came Then posted 'did some buying' around 16700-800 - #CNXSmallcap recovered 600 points after that Posted sold trading positions - market again fell after that Then posted topped up many holdings- 1000 points rally after that Then around 18000 posted -sold all trading positions and trimmed some holdings - Market fell exactly after that and still falling. Did 'Brace Yourself' post- market saw the carnage after that . Again did 'Brace Yourself' post at 17500 and #CNXSmallcap touched 14986 . Posted about support of #CNXSmallcap 14900 and decent bounce to 15900. Market reversed from 14986 and made high of 15980. I had given 3 scenarios of market bottom case in January . We are done with Scenario 1. Scenario 2 also is highly likely to happen. Check my timeline to find or ask grok for that specific post. Before you come trolling please read my previous posts. This may sound as self bragging post but sometimes it is good to flaunt it if you have it. #Investing #StockMarket
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