1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

PAGE IND

Discussion in 'Fundamental Analysis' started by smuthukri, May 27, 2019.

  1. smuthukri

    smuthukri Active Member

    Joined:
    Aug 13, 2012
    Messages:
    63
    Likes Received:
    35
    @shabbir - Page -corrected by 10% due to results , whats you view .Can we add at this level around 19k+
     
    smuthukri, May 27, 2019
    Share #1
    nirajshah likes this.
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    All I can say is, I will add today. Remember one point, you shouldn't be adding if your view is anything less than 5 years and you aren't ok to hold even if it goes down considerably from here.
     
    shabbir, May 27, 2019
    Share #2
    2018stocks, nirajshah and mk27418 like this.
  3. smuthukri

    smuthukri Active Member

    Joined:
    Aug 13, 2012
    Messages:
    63
    Likes Received:
    35
    thank you , add 1 today . my plan is for long term .
     
    smuthukri, May 27, 2019
    Share #3
    nirajshah likes this.
  4. prabhjeet

    prabhjeet Member

    Joined:
    Aug 9, 2018
    Messages:
    9
    Likes Received:
    9
    Do you think it's getting tougher for Page to hold the turf in face of strong competition from other organised players like van huesen (AB retail)?

    Sent from my SM-G955F using DIY Technical Analysis mobile app
     
    prabhjeet, May 27, 2019
    Share #4
    nirajshah and shabbir like this.
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    I added 10 more to my portfolio.
    I don't think so. Market is tough and this is the time to be adding such stocks. Remember Nestle around 5k when Maggi was suppose to go out.
     
    shabbir, May 27, 2019
    Share #5
    nirajshah likes this.
  6. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    10 more. That's quite an allocation.

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
    nirajshah, May 28, 2019
    Share #6
    shabbir likes this.
  7. abhijitupsc

    abhijitupsc Contributor

    Joined:
    Sep 19, 2017
    Messages:
    118
    Likes Received:
    107
    abhijitupsc, Jul 24, 2019
    Share #7
    nirajshah likes this.
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Will add below 18500 for sure.
     
    shabbir, Jul 24, 2019
    Share #8
    nirajshah and sethuramcbe like this.
  9. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    Great levels to accumulate for the next decade

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
    nirajshah, Aug 1, 2019
    Share #9
  10. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes. I see the company at 20k Cr Market cap and it has been growing at 20% but for the next decade if the company keeps growing around 10 to 12%, it can still become 7 to 10x in next decade.

    The only question is, how much of the 10 to 12% is possible for the company for such a long period of time and you have to invest based on the the conviction of that assumption.
     
    shabbir, Aug 1, 2019
    Share #10
    nirajshah likes this.
  11. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    nirajshah, Aug 9, 2019
    Share #11
  12. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    After management commentary and earnings call, I don't see too much downside from here. Some downside and volatility expected.
     
    shabbir, Aug 9, 2019
    Share #12