I have been trading a long time... because I am old... I do look at the overnight sessions in other countries every night. I have never once thought βOh my goodness the Kospi is down and we are doomed!β ...ππ€£
One don't need conviction of 3-4 qrs growth in a stock which is quoting at Rs 11?
Rs 11 price wale stock mein kya dekhoge? Fundamental? A gr wala?
When one buy a Rs 11 price stock, you need to see what sector Co is. What new product line they are going for.
But jaise kahan stock dekha, u all start looking at Cash Flow, ROE, ROI, CAGR, MOAT, SWOAT, RONW etc .....ye sab thoda milta hai Rs 11 wale stock mein?
Aur ye nahi mila to you don't buy.
Well, that is not my way.
But do ur way. I never said, my way is the only way. I can challenge anyone here. I have never said, my way is the only way.
Do what you are comfortable with.
When u ask, how is Ambalal Sarabhai which I discussed at 22, now at 50, then it has more then doubled. Now it is your call, whether to buy at 50 or not as it has turnaround.
I talked Rishi Laser at 23, now at 99, it is 4x, now u have to decide whether to buy at 99 as it is still below 10 p/e.
@rajuidesai There is a lot of buzz towards the textile sector considering the unrest in Bangladesh, but I know ur not a big fan of this sector due to lacking in consistency which results in not getting high discounting, would love to read your view on it sir @rajuidesai