Ascent Trader

Engr by education, thinker by choice, learner by profession.
DISCL: Views for record. Not recos. May lose money Reserve rights 2 change mind. NOT SEBI Reg.

[Ascent Trader @3percentT]

#ASCENT 13/n

Below is the learning capability of ASCENT.

63% - in 5 months in 2021
169% - in 2022
116% - in 2023
71% - in 5 months in 2024

13K in Jun'24
#stockalert #stockupdate #niftyoptions #bankniftyfut #futureisnow #FutureFinance

[Ascent Trader @3percentT]

@naziamajid1 @RahulGandhi Hehehe... Muting. Else crap will fill my TL.

[Ascent Trader @3percentT]

@LukeGromen The only way out is an all out economic or kinetic war. US, currently, isn't in a position to do that. @POTUS made everyone an enemy. Otherwise the solution was difficult to implement but simple in conception.

[Ascent Trader @3percentT]

@riteshmjn ZNMD was based on YOLO, which was invented long back. Put it on American way of living.

[Ascent Trader @3percentT]

@aadilbrar This is corporate espionage and not the drama. The same person will be telling CCP whether to worry or not about India in this regards.

[Ascent Trader @3percentT]

@riteshmjn Marwaoge kya aap... Udhar Luke Gromen yahan se 5 guna karwa raha hai Gold... Watt lageki RBI ki. Waise bhi 1 lac crore is just $10B. It won't have any impact.

[Ascent Trader @3percentT]

@svembu @its_hard_truth @Vairamuthu A Quick history/geographical lesson to all uprooted Tamizhians: everyone living east of Indus was Hindu till Barbarians came to the gates.

Hinduism wasn't a religion. It was a way of living for all living east of Indus... Including the south of Vindhyas.

[Ascent Trader @3percentT]

@kejimao India's sole PISA participation was in 2009 & limited 2 two states (Tamil Nadu & Himachal Pradesh), making the native score unrepresentative of the country as a whole and undermining the diagram's validity for this argument.
Indian govt, then it was Congress, rejected this.

[Ascent Trader @3percentT]

@rkalia80 @Ram_Guha @RahulGandhi Faltu analysis both by Rishi and Guha... After realising in 2019 that Congress is getting hurt by the regional parties, Congress set out to decimate them and become a true alternative of BJP. They've achieved that almost now... Except extreme south Kerala and Tamilnadu.

[Ascent Trader @3percentT]

@aravind Name the handles...

[Ascent Trader @3percentT]

@riteshmjn Geee... Now check the same ratio in Jan 2003 and Dec 2007, then again in Aug 2013 and Dec 2016 then again in Dec 2018 and in Mar 2020 and with Sep 2024.

[Ascent Trader @3percentT]

@MarioNawfal This is big if it is completed... I.e. if Brahmos really gets deployed in Vietnam. China mostly won't let it happen.

[Ascent Trader @3percentT]

@ReaderPhx @DaveHcontrarian @LiebermanAustin Probably 1-2. But, I think post 2032, new ways will be found. Keynes and Friedman may not work post that.

[Ascent Trader @3percentT]

@DaveHcontrarian @LiebermanAustin 👍

[Ascent Trader @3percentT]

@DaveHcontrarian @LiebermanAustin Hmmm... Typically stocks retreat after the first breakout of downward slopes, so I tend to agree. I just don't know if the same repeats in yields.
My timeline is: 2029 for a final meltup and then an unmanageable melt down. Whatddya think?

[Ascent Trader @3percentT]

@PRSundar64 Nahin Sundar bhai. It's not about taxes. It's about the govt's attack on derivatives. @rbi took the currency mgmt tool away from FIIs and they dumped happily thereafter. Rupee crashed.

[Ascent Trader @3percentT]

Dear @riteshmjn bhai, you reposted following. How do u know that this isn't a clickbait, that this guys isn't just making stories?
If you've insights, pls share. Else let's wait till next year 2 see wht actually happens: seems headlines mgmt to me rn

https://t.co/ojnotdJZEF

[Florian Kronawitter @fkronawitter1]

I love AI and use it every day. However, over the past 24h in three conversations I had with C-level executives from corporates or PE the following same (!) came up on their AI initiatives:

- At the moment, it is only cost. We expect positive ROI within the next 2-3 years
- Our token cost has exploded and is x-times above budget
- We encourage and measure our staff in token consumption so they are AI ready. There is duplication in our work
- We cannot afford to not invest as the competition will and we fall behind
- We are now actively working on getting our AI cost down (eg move to open source or away from latest model within same lab)

[Ascent Trader @3percentT]

@DaveHcontrarian @LiebermanAustin If we're basing on the rate cycle reversal of 80s, why don't we consider that cycle over in 22. Didn't the downward slope of reducing rate broke around then?

[Ascent Trader @3percentT]

Shri @narendramodi ji, heard that this shop takes only cash. Could we please make it mandatory for all shops to have and accept UPI payments.

Such shop owners, if starts paying taxes would be sufficient to recover amount that an STT or CG gains bring @nsitharaman ji.

[Parimal Nathwani @mpparimal]

Enjoyed a classic falooda at Badshah Cold Drink and Snacks, right opposite Crawford Market. Amid the fast pace of the city, having this simple treat is a great reminder that some of Mumbai’s best experiences are found in its most humble spots.
#Mumbai #Maharashtra

[Ascent Trader @3percentT]

Don't screw your head and think market is inefficient here. It's the same case Harshad Mehta made for ACC. ACC recovered the highest after a generation.

[Mohit Panwar @MohitttPanwar]

Apollo Tyres has a gross block of around 31000 Cr, while the entire company’s market cap is just 23000 Cr.

Gross block simply means the value of all major assets the company has built over the years: factories, plants, machinery, equipment, infrastructure etc. Basically, what it would roughly cost to build this business again.

The market is valuing the whole company below the value of its physical assets alone. And this is not some loss making company.

Apollo earns around 1400 Cr profit every year.

1,000 Cr capex is happening, meaning the company is still expanding. Debt is only ~2,600 Cr, which is very manageable for this size business.

FIIs are continuously selling. DIIs are continuously absorbing everything.

Smart money understands cycles before the crowd does.

This is India’s 2nd largest tyre company after MRF. Strong brand. Real assets. Real earnings.

Still trading away 50% from all time high.

Sometimes the market gives obvious opportunities.

[Ascent Trader @3percentT]

@dmuthuk Yeah, they're Gold standard because they do nothing and act on the old adage: Time heals everything.

Apart from that, most of the problems India has is because of them and their UPSC brethren.