General Trading Chat

[Smart_trade]

Loss of sales in April- May is dangerous for housing finance companies. It means loss of interest for next 20 years...

People may defer their decision of taking housing loan and buying a house from April/May to next few months ...but that business is not lost for ever...people wont defer home buying decision for 20 years....

Smart_trade

 

[timepass]

I think the interest will get restructured as a fresh loan and the original term will continue. The fresh loan will piggyback ride the original one. That may be the soundest solution.

 

[timepass]

Keep an eye on Bharti tomorrow

Bharti Airtel promoters to sell $1 billion worth of shares
Bharti Telecom will reportedly sell shares via a block deal on May 26.

https://www.moneycontrol.com/news/b...o-sell-1-billion-worth-of-shares-5310551.html

 

[Dr. Jan Itor]

None have reported bad Q4 numbers, some have been better.
Pre-lockdown hardly any disruption. All started from 25-Mar, till then only mkts were tanking so not much of a diff to earnings.

Next Qtr results are actually going to be interesting for all Co.
Even Pharma which is flying high is reporting less sales in many non-respiratory covid related meds/equipment etc

Next quarter there may be a paradoxcial situation if lockdown easing continues. We may witness 3 things simultaneously - actual lockdown era results (past) vs revenge buying by the well-off (present) vs conservative spending due to lowered income shock by middle class (future). Short-term market direction may be decided on which of these three is accorded primacy.

 

[timepass]

The aftereffects are being felt now :

Indian Brokers Take Long View Telling Clients to Write Off Year

Read more at: https://www.bloombergquint.com/mark...e-long-view-telling-clients-to-write-off-year
Copyright © BloombergQuint

 

[DurgeshB]

Can anyone explain me how to find breakout?
I tried to find the answer on google but somehow I don't understand how that is applicable in today's ultratech cement's case

Sent from my motorola one power using Tapatalk

 

[timepass]

All the steels are looking healthy today.

 

[timepass]

USDINR doing ding dong today, opened below the previous close.

But it's flirting with the ceiling of 76.0xxx which it has tested twice in the recent days.

 

[Dr. Jan Itor]

DMart shares slip 5% after management guidance paints worrisome picture; brokerages downbeat

https://www.cnbctv18.com/market/sto...isome-picture-brokerages-downbeat-6001961.htm

 

[siddhant4u]

DMart shares slip 5% after management guidance paints worrisome picture; brokerages downbeat

https://www.cnbctv18.com/market/sto...isome-picture-brokerages-downbeat-6001961.htm

did they had to wait for management guidence? the stock is trading at 115 PE multiples ! this when everything was rosy.... post lockdown results will be really bad on lost sales..