@ManariSarath Simple maths. VOGL produces 85k barrel of crude per day on an average. Their production cost is around $15. Their selling price, let's take average at $80. If we assume this, their gross profit may be more than 15k cr per annum after tax may be 5k cr. Share price peanuts. Why?
@suresh_aum@ankit21166 Don't directly attack any company names in social media. My sincere advice. You may get into problems. If you have something to say about a company, say it with data backing.
Mainstream media is covering #pcjeweller plans for 1000 franchise in UP. It is right direction to penetrate rich rural market in UP which can be copied in other states too. Check Telegram group
https://t.co/SKa2dhWpm6 that discuss only PCJ for details.
https://t.co/f7Sr6ATjdH
@AkashRai06 Timeline... Even 100 per year get the government loan and set up the shops, business volume can shoot up. If PCJ is involved in setting up shop then it may take time and cost. However, here individual craftsmen are involved. PCJ may provide designs and materials. I feel positive
#PCJEWELLERS has been approved as a franchise brand for CM-YUVA program by UP Govt. And #PCJ has plans for 1000 franchises in UP alone🤩. IMO this may have far reaching impact. Imagine all small towns in UP having PCJ showrooms. Rural rich still wears traditional jewellery. Wow🤩
@AkashRai06 Ji, I see this as bigger sustainable plan. J industry requires highly skilled craftsmen. And #PCJEWELLERS currently sitting on 7k cr inventory. The rural market is not yet penetrated. And initial investment is made by locals Through govt loans. Connect dots to see big picture.
Last 5 trading sessions combined trade volume was around 550 million shares and delivery was around 180 M shares with 15% appreciation. Looks like market is celebrating and some may say pump up. Only time has the answer. Right now #PCJEWELLERS is at 11/share. IMO undervalued😱
@eduinvestingin May be you should update that, PCJ went to Supreme court and got a favourable verdict in SEBI case and that is over long back. Debt most of it they have cleared and they are aiming to become debt free by 2026. PCJ OPM is highest in the industry and lowest PE. Market's call now👍
@suresh_aum Come on. I am just highlighting the numbers what is available in the net. I am not recommending anything. It is upto the individuals whether to buy at low... Or.... High. If you have negative say it with numbers. Market is made up of buyers and seller with reasons of their own.
#PCJeweller & peers comparison.
Operating profit margin - highest ✅
Debt to equity - lowest ✅
Debt to profit - lowest ✅
PE - lowest ✅
CPM - Rs.11.55 😄
Market will soon realise the value. Right now it is counting pennies and missing out pounds...😄
Data source : Screener.
Week end Thoughts.
Will you subscribe for IPO of a company, currently generating 3000 cr sales & 20% OPM, and book value at 10 and potentially sitting on assets double the value of their Mcap ?
IPO price 12
What is your waiting period?
https://t.co/SKa2dhWpm6
#pcjeweller
Yes... I don't understand the reason for falling price in #pcjeweller after announcing stellar Q2 results. But this is share market😄... Everything may not be visible to us. However, delivery volume is increasing. Today 1.5 cr shares got delivered in last few minutes...🤔🤔🤔
@suresh_aum You need to understand the SEBI and exchanges rules. If a promotors offloads even a single share of his company, he has to intimate it to the exchanges through notification. I haven't seen any such notifications for many months. So there is no basis for promotor offloading claim
@suresh_aum You need to understand the SEBI and exchanges rules. If a promotors offloads even a single share of his company, he has to intimate it to the exchanges through notification. I haven't seen any such notifications for many months. So there is no basis for promotor offloading claim.