JBCHEPHARM at 20x FY23 EPS is a much safer and a better buy than a conventional FMCG Player like HINDUNILVR with no significant reinvestment moat and single digit earnings growth.
The difference here is that JB can still reinvest bulk of its cash flows at a similar/higher ROIIC.
The cash compounding machine JBCHEPHARM does 42% ROCE ex cash, EBITDA Margins at 27.4%, I as an investor would be happy if they maintain margins in mid 20s.
— Saket Reddy (@saketreddy) June 15, 2021
FY21 EPS of Rs. 58, you are getting a company growing at > 20% since the last 5 years at < 1 PEG and 26x TTM Earnings. pic.twitter.com/5u4u0C5MpK
More from Saket Reddy
The Home Building Theme has just broadened itself and is moving in top gear!
The best ways to play the real estate revival theme instead of buying the home builders :-
— Saket Reddy (@saketreddy) November 21, 2020
1. Ceramics (CERA, KAJARIA)
2. Pipes (ASTRAL, SUPREME, APLAPOLLO)
3. Paints (ASIAN, BERGER)
4. Cement (JKCEM, SHREEC)
5. Construction Chemicals (PIDILITE)
6. Electricals (POLYCAB, HAVELLS)
Double Top Buy triggered above 1933.43 daily close on 3% Box size chart. https://t.co/eELxOeNmvg
JBCHEPHARM
— Saket Reddy (@saketreddy) July 16, 2021
Double Top Buy, Super Pattern - Bullish and T20 Pattern - Bullish triggered above 1886.26 daily close on 1% Box Size chart. https://t.co/bzIsbWjbEP pic.twitter.com/JQVkao635V
Haters are still hating it, time to pyramid once again!
Double Top Buy, T20 Pattern - Bullish & Super Pattern - Bullish above 625.07 daily close on 1% Box Size chart. https://t.co/EDqa7dAAKn
LAURUSLABS
— Saket Reddy (@saketreddy) May 3, 2021
Haters are gonna hate, but IMO, this is the best opportunity to start pyramiding and make it a well sized holding.
A trio of patterns coming together, has one of the highest success rate!
Double Top Buy, T20 Pattern - Bullish & Super pattern - Bullish above 477.81! https://t.co/SqzkTyb9wx pic.twitter.com/hTj7mfAOqy
Double Top Buy above 1485.56 daily close on 1% Box Size chart. https://t.co/zY8JwRIZUu
HAVELLS
— Saket Reddy (@saketreddy) August 30, 2021
Double Top Buy, Super Pattern - Bullish & T20 Pattern - Bullish above 1266.91 daily close on 1% Box Size chart. https://t.co/78Tb2dKZkm pic.twitter.com/4lWz25jGgk
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To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.
2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.
3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.
That suggests there is still SOME grassroots support for democracy that transcends
4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an
5/OK, now the bad news.
We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
Bad ballot design led to a lot of undervotes for Bill Nelson in Broward Co., possibly even enough to cost him his Senate seat. They do appear to be real undervotes, though, instead of tabulation errors. He doesn't really seem to have a path to victory. https://t.co/utUhY2KTaR
— Nate Silver (@NateSilver538) November 16, 2018
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