Globus Sprits in high sprits. Globus Spirits Ltd. operates as a holding company, which engages in the manufacture and sale of Indian made Indian liquor, bulk alcohol and franchise bottling.
Globus Spirits Ltd CMP is 847.45. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and MFs increased their shareholding last quarter. The Negative aspects of the company are High PE (PE=45), Declining Net Cash Flow : Companies not able to generate net cash and Annual net profit declining for last 2 years.
Entry can be taken after closing above 876. Targets in the stock will be 936 and 991. The long-term target in the stock will be 1093 and 1196. Stop loss in the stock should be maintained at Closing below 777.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Globus
UPTO 300% ROI in Globus Spirits LTD (Multibagger Potential)The only undervalued breweries company in India with strong sales growth and big capex for further expansion, Net Profit got affected only due to margin pressure.
Good to accumulate around 650-700 levels for the following targets.
Medium Term Target @ 1290 (90% ROI)
Long Term Target @ 1710 (150% ROI)
Long Term Positional Target @ 2800 (300% ROI in 3-4 years max)
There is a sharp decline in DII's shareholding pattern since SEP 2023.
Do your own due diligence before taking any action.
Peace!!
Globus Spirits can lift your spirits.Globus Spirits Ltd. CMP – 887.95
Market Capitalization Rs 2,557.5Cr
Red Flags:🟥
Declining annual net profit
Declining cash from operations annual
MFs are decreasing stake
Green Flags:🟩
No debt
Low debt
Zero promoter pledge
FIIs are increasing stake
Promoter holding increasing
Previous Happy Candles Number – 50/100
New Happy Candles Number – 66/100
X/2 Fresh Entry/ averaging / compounding after closing above 925
Final Entry 972
Targets: 1024, 1087 and 1145
Long term target: 1219, 1282 and 1326
Stop loss: Closing below 856
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Potential Cup with handle pattern in Globus Spirits LtdA potential cup with handle pattern is forming which can lead to a technical target of 1925.
RSI showing strong bullish divergence on daily TF.
Good to accumulate around 850-900 levels for the following targets:
Short term swing target of 1400 (55% ROI with 3.33 R:R)
Medium term swing target of 1925 (114% ROI with 6.83 R:R)
Long term positional target of 2800 (211% ROI with 12.67 R:R)
Optional stop loss @ 750
It should not take more than 2 years to achieve it's final target.
Fundamentally undervalued with highest ever net profit.
Organically expanding with more expansion plans until FY2024 and new product are ready for launch on Q2FY24.
As always, do your own due diligence before taking any action.
Peace!!
GLBS all time low! Cheap company in the global shipping sectorGlobus Maritime has nine dry bulk carriers in the spot market.
Globus Maritime can benefited from the significant increase in global shipping rates because of the surge in demand for goods and a lack of capacity across the industry!
I wouldn`t be surprised to see it jump at $4.5 this year.
GLBS all time low! Revenues increased by 161%In H1 2021 total revenues increased by about 161% compared to H1 2020. Adjusted EBITDA increased by about 6.8 million.
Total comprehensive loss for H1 2021 decreased by about 94% compared to H1 2020.
As of June 30, 2021 cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%.
Market Cap 51.23Mil
They have more in cash that Market cap!
52 Week Range 2.46 - 10.86
My price target is 10usd for this - not to forget - "Meme stock" by the end of the year.
I`m looking forward to read your opinion about it.