Manifesting without Manipulation
If you want to achieve something in life or set you Goal on something, then
1. Does only repeatedly manifesting the same will be enough ? OR
2. Simultaneous dedicated efforts towards developing /acquiring the necessary qualities/ingredients is also mandatorily required.
If you are doing only 1 , then you are trying to manipulate the outcome and probability of getting the right outcome is very low , though after some time you may achieve some part of the outcome but that too may not be sustainable.
But if you are applying both 1&2 , then you are doing the actual manifestation and the probability of achieving ideal & sustainable outcome is much much higher.
#Manifestation
Basic stock screener for new Investors /Freshers:
P E ratio < 25
P/BV < 4(X)
ICR > 4 (X )
ROCE > 13 %
YOY Sales growth > 10%
YOY profit growth > 10%
P+F+D > 75 %
DIIs stake > Previous Quarter
Retail shareholding < Previous previous quarter .
Note : once you get a list of stocks , now you can read concalls & Annual report .
After that you can decide your entry points based on technicals / Historical valuation support levels or Forward PE/PEG.
Exit based on charts/ valuations or combination of both .
It’s just a starting point , slowly you can add Free cash flow / Operating cash flow , Balance sheet analysis and forensic part of the research in your research / Investment process .
Don’t make it complex , when you are new .
@plutusadvisors@preetiplutus
Current Valuations Compared to the COVID Period:
Why MTF Can Be Costly Stunt ?
During COVID, starting valuations in the market were quite cheap. Smallcaps and microcaps had already seen a big fall after the 2018 Budget introduced 10% LTCG tax.
At that time, crude oil prices were also low, trading between $50 to $65 per barrel. Today the picture is different , crude is trading above $90.
Here are some key points: -
Starting valuations are not cheap compared to COVID levels :
Many stocks, especially in small and microcap segments, are trading at higher prices :
Investors using **MTF (Margin Trading Facility)** pay high interest rates usually between 10% to 15 % per year
These interest charges keep adding up every day, which increases the total cost of holding positions & on Top of it you have to pay STT / Transaction charges , STCG/LTCG .
Be careful !
Why not full bull after decent pullback ?
1 . Brent crude still @ $ 110
2. INR at all time low .
3 Nifty is below all the EMAs ( 21,63,200)
4. RSI < 45 ( Sideways )
5. Nifty Microcap index-250 is closing below EMA-21 after 42 days .
6: Higher Bond yields ( US )
7. muted earnings growth.
Another 5-10 reasons , can’t type all
Happy to be a tactical bull 💚