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

  1. smuthukri

    smuthukri Active Member

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    @shabbir - Page -corrected by 10% due to results , whats you view .Can we add at this level around 19k+
     
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  2. shabbir

    shabbir Administrator Staff Member

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    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.
     
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  3. smuthukri

    smuthukri Active Member

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    thank you , add 1 today . my plan is for long term .
     
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  4. prabhjeet

    prabhjeet Member

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    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
     
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  5. shabbir

    shabbir Administrator Staff Member

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    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.
     
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  6. nirajshah

    nirajshah Champion

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    10 more. That's quite an allocation.

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
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  7. abhijitupsc

    abhijitupsc Contributor

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  8. shabbir

    shabbir Administrator Staff Member

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    Will add below 18500 for sure.
     
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  9. nirajshah

    nirajshah Champion

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    Great levels to accumulate for the next decade

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
  10. shabbir

    shabbir Administrator Staff Member

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    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.
     
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  11. nirajshah

    nirajshah Champion

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  12. shabbir

    shabbir Administrator Staff Member

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    After management commentary and earnings call, I don't see too much downside from here. Some downside and volatility expected.