Meta / Facebook crashing like a penny stock Down to 2015 levels High $ 380+ Now $ 100 In 2021 Facebook was valued at $1.1 trillion. In 2022 Facebook is valued at $350 billion. That’s $750 billion of value destruction. To put it into context, the GDP of Switzerland is $810 billion.More
Russia’s current account surplus is $198 bn in 2022 vs $51 bn in prior years
When the western countries imposed sanctions on Russia, they carved out energy, as they feared higher oil prices. Thus, Russia’s current account surplus is $198 bn in 2022 (red) vs $51 bn (blue) in prior years.More
PLI Scheme Update
PLI Scheme UpdateMore
Tata Elxi Charts indicate sell…
The compounding story might just end in the 11-12K range. Divergence has already started forming on monthly charts. This might just be a multi-year top. Do not miss the exit as an investor. CMP 8440More
WIPRO back to Y2K prices
RBI hike of 50bps likely in the offing in the next meeting
RBI hike of 50bps likely in the offing in the next meeting. Home loan interest rates will reach double digits now for many i.e. above 10% Compounding starts to work against us now… [RBI, rate hike, interest rates, home loan, compounding]More
Amul’s Success – 82% of milk price reaches the producers
Why is Amul so successful? Superb supply chain management by Amul! This is in sharp contrast to farmers where middlemen make most of the money!More
NTPC – Still trading at 9x PE….
NTPC is India’s largest energy company with capacity of 70.2 GW. Will also be the largest in renewables with 60+ GW capacity by 2030. It powers India’s energy needs when the world is struggling with power supply. Would it still trade at 9x PE if listed in Europe? Don’t think soMore
Sterling and Wilson Solar – 7th consecutive quarter of net losses
Sterling and Wilson Solar: #Q2FY23 Update Net Sales: ⬇️78% (YoY);⬇️74% (QoQ) PAT: ⬇️5% (YoY);⬆️16% (QoQ) 7th consecutive quarter of net lossesMore
MindTree and Infosys Results for Q2FY23 stand out…
From the IT companies declaring their Q2FY23 results till now, Mindtree and Infosys seem to stand out. No wonder Infosys ADR is up 5.03% even now. Cyient and Wipro are trading at lower valuations compared to other IT stocks for a reason [stocks, Infosys, Wipro, MindTree, Cyient, Results, Q2FY23]More
My Investment Notes 