SteveT.eth

Spreading Knowledge #Bitcoin #NFTs #ETH lover #CryptoResearcher&Analyst #Views are personal #stockmarkets

[SteveT.eth @SteveTijore]

How Smart Money Moves the Market.. 📝

[SteveT.eth @SteveTijore]

@darshal_ All

[SteveT.eth @SteveTijore]

@zaruww Pdf

[SteveT.eth @SteveTijore]

Don't memorize patterns, candlesticks, etc.

If you want to get better at this game, ask yourself:

What are traders on the sideline thinking?

Where will other traders get trapped?

Where’s the path of least resistance?

Where will new players enter?

Where will losers cut loss?

[SteveT.eth @SteveTijore]

Circuit limits in Indian markets pause trading only if index moves sharply :

10%: Halt 45 min (before 1 PM), 15 min (1–2:30 PM), 0 min (after 2:30 PM)

15%: Halt 1 hr 45 min (before 1 PM), 45 min (1–2 PM), 15 min (after 2 PM)

20%: Halt for rest of day

#NSE #BSE #BTCUSDT

[SteveT.eth @SteveTijore]

#HandsOff #TrumpTariffs #MutualFundsSahiHai

[SteveT.eth @SteveTijore]

#stockmarketcrash #GlobalMarkets #ReciprocalTariffs

[SteveT.eth @SteveTijore]

#WealthErosion #stockmarketcrash #ReciprocalTariffs #TrumpTariffs

[SteveT.eth @SteveTijore]

#TrumpTariffs #ReciprocalTariffs #WaqfAmendmentBill #stockmarketcrash

[Vaibhav raghuvanshi ( IPO UPDATE ) 🇮🇳 @Vaibhav_99_]

🚨 #NSDL IPO Delay: Expected to Launch in May! 🚨

The National Securities Depository Limited (NSDL) IPO, which was highly anticipated, is now expected to be delayed until May 2025 due to an addendum required in its draft red herring prospectus (DRHP). 📑

[SteveT.eth @SteveTijore]

Do not try to catch the falling knife 🔪 as World Economies are struggling currently these are valuation driven corrections just like 2008

#BTC #MARKET #SHAREMARKET #CRYPTO #TSLA

[SteveT.eth @SteveTijore]

Trading is 👉🏻

1% better learning + Growing everyday for 365 days in a year.

1% better for 365 days in a row

= 1.01^365

= 37.78 X better than before .

#trading #motivation
#BTC #Ethereum
#POTUS
#DonaldTrump

[SteveT.eth @SteveTijore]

Congratulations @realDonaldTrump for the most awaited inauguration as the 47th #POTUS , God almighty bless you abundantly with wisdom and knowledge to work for the betterment of humanity & the World at large.

[SteveT.eth @SteveTijore]

"OMG, @hackapreneur just followed me! This is a huge inspiration to keep sharing my stories & knowledge about #trading #Crypto . Thank you, @hackapreneur! 🙏
#JustinWuFollows #DreamComeTrue"

[Litecoin Foundation ⚡️ @LTCFoundation]

https://t.co/cTw3ArQ19R

[Surf @_CryptoSurf]

Break of the 200 WMA after each $BTC halving initiated $LTC bull run in prior cycles.

Will it happen by EOY? Or in Q1, like in 2017?

Either way, it's coming.

#HOLD #Litecoin

[Paryan Sharma @Paryan_Sharma]

Full Review of Sagility India #IPO ✅

An IPO which doesn't need any GMP for thriving

Read till the End to Understand the Business and Check the Conclusion for Verdict 👇

Business Overview

This Business was started in year 2000 and it was included in the Hinduja Global solutions Group as a part of Healthcare services division

Sagility India was carved out from Hinduja Global solutions in January, 2022 and it was carried out by EQT Private capital Asia

Company provides technology-enabled business solutions and services to clients in the U.S. healthcare industry

Company primarily focusing on health insurers (Payers) and Healthcare Providers (like hospitals and physicians)

Their service offerings span the following key areas:

1⃣ Services for Payers (Insurance Companies):

💠 Core Benefit Administration:

Sagility assists health insurers with essential administrative tasks that ensure smooth daily operations

Key functions include:
Claims management, enrolment, benefits plan building, premium billing, credentialing, and provider data management and Payment Integrity

💠 Clinical Functions:

These services help insurers provide better healthcare outcomes by managing members’ healthcare needs

This includes functions such as:
Utilisation management, care management, and population health management

Additionally, Company also provides some of the services to Payers to pharmacy benefit managers (“PBMs”) that manage prescription drugs for Members (i.e., insured persons) under health insurance plans

2⃣ Services for Providers:

Services to Providers include Revenue cycle management (RBM)

This segment focuses on supporting healthcare providers with financial operations, enabling them to collect timely payments for the services they offer

Functions include:
Financial clearance, medical coding, billing, and accounts receivable follow-up services

Segment Wise Revenue (FY24):
Revenue from Payers: 90%
Revenue from Providers: 10%

Company does 100% Business in USA and has talent pool from five global service delivery locations in India, the Philippines, the U.S., Jamaica and Colombia

Sagility has served five of the top 10 Payers by enrolment in the USA. As of June 30, 2024, Sagility had 42 client groups

In FY24 alone, Company helped Payers process 105 million claims and handle over 75 million Member and Provider interactions

Company's five largest customer groups had an average tenure of service of 17 years, which means there is solid Stockiness in this business and Clients are trusting Sagility with their services

As of March 31, 2024, Sagility had 35,044 employees out of which more than 16,000 employees are from India

Company KPIs (FY24)
Revenue: 4,753 Cr, Adjusted PAT: 589 Cr, Adjusted PAT Margin: 12.40%, Debt to Equity: 0.15

Financials:

Company Financials are Solid

In Comparison with FY23, In FY24 Revenue rose 13% and PAT margins rose 57%

Company has Solid EBITDA Margins of 23-25% and PAT Margins of around 12%

In FY24, Company generated free Operating cash flow of 973 Cr which is huge

Company converts almost 87% of EBITDA into cash

Company currently has debt of around $110 Mn which company will repay till FY27 in parts.

*In Q1 FY25, Margins were impacted due to some adjustments but there will be no financial impact on the company from those adjustments

Valuations

Company is coming at very attractive valuations

Sagility is coming at around 20x PE and around 13x EV/EBITDA

Some Comparable Peers like Medi Assist and FSL are trading at PE of 55x and 50x

So it is clear that so much left on table for investors

Additional Points
- Management is Top Notch
- Anchor List was Solid
- No such GMP
- Pre IPO Investors were Solid

Some Risks
- There is Revenue concentration, Top 3 Clients accounted for 68% of total revenue in FY24
- There are some Litigations against the company but the Good part it, these are carved out Liabilities from the seller Hinduja Global Solutions and Bank Guarantees have been given to the Sagility. So there will be no impact on the company from those litigations

Conclusion

Sagility is one of its Kind Business which is going to be listed in Indian Stock Markets

US Healthcare industry value more than $4.7 Trillion which is more than Indian GDP and this company is in the business from more than 24 years

Management is confident for Revenue Growth of 12-14% every year and since they are a Cash Machine, they will be looking at Organic and Inorganic Growth in coming years

Bankers have priced this IPO very attractively and Fundamental wise this company is very solid

I feel this company deserves a place in our Portfolio for long long term

I am applying with Full Force in this IPO ✅

I am not worried about Listing Gains in this IPO, even if I don't get any Listing gains, I will be happy to hold this company stocks

If you are someone who target IPOs just for Listing gains and only takes safe bets then you might skip this one

For more clarity, one can wait for QIB Subscription for taking final decision

(Note: this is my personal read about the company, post is shared for educational purposes only, DYDD before applying)

#SagilityIPO #SagilityIndia #IPOAlert

[GhostMMXM @GhostMMXM]

24 Things I’ve Learned in the last year of Trading 🧵

1 // Ignore everyone. We all have our own path. Be honest with yourself, and don’t let anyone influence your path. Have self awareness, and know when to make adjustments along the way.

[Chronicles @YMehta_]

Don't pay thousands for a Investment courses.

Zerodha will teach you everything about Fundamental Analysis for FREE:

Please bookmark 🔖 this thread

[Decrypt @DecryptMedia]

Canary Capital Files for Litecoin ETF Just Days After XRP Move
► https://t.co/cuuW0UAyHh https://t.co/cuuW0UAyHh