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AFFLE

AFFLE INDIA LTD - SUPER COMPANY - SUPER AGGRESSIVE MANAGEMENTAffle is a global technology company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions and transactions through relevant Mobile Advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. While Affle's Consumer platform is used by online & offline companies for measurable mobile advertising, its Enterprise platform helps offline companies to go online through platform-based app development, enablement of O2O commerce and through its customer data platform. This is a follow-up idea of the original idea posted on May 31, 2021 when the stock was in good runup mode but the stock started consolidating. Then the management decided to split the stock in 1:5 ratio. After giving price and time consolidation for around 6 months the stock again started it’s runup just after the split announcement (same time we updated the comment on previous post to take fresh entry). We have discussed enough about the company fundamentals in our previous post let’s look at the stock from fresh perspective this time: 1. The company posted its quarterly results twice and both times the profits bets its old records. 2. The company’s India business acquired Mobile Advertising Technology Company for over $41 Million in the month of June 21. 3. Affle got US Patent Grants in the month of Sep 21. 4. Sharekhan forecast Affle India’s revenues and earnings to report a CAGR of 26% and 32%, respectively, over FY2022-FY2024E. They also believe that Affle India is better placed to capture opportunities from favourable industry tailwinds given its competencies in both in-app and on-device ecosystems, end-to-end offerings in the CPCU business model and a first-mover advantage in emerging markets. 5. From the technical point (i) the stock is trading above 50 and 200 DMAs, (ii) volume got dried up during consolidation phase now again the volume is picking up as highlighted in blue box at the bottom, (iii) Recently the stock created rounding bottom pattern and cup and handle patter in short term, (iv) the stock is ready to give fresh breakout and give another good runup. Fresh Buy – At CMP 1197 Old Buy – Hold Target – Hold tight, book as per comfort. Risk Management Tip: Never invest more than 5% of your capital in any single stock. Your likes and comments motivate us to bring more profitable studies like this. Happy Investing! ShareMktSchool
NSE:AFFLELong
by ShareMarketSchool
4
AFFLENote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:AFFLELong
by SENSITRADE_T
Affle India Ltd - Fundamentals and Technicals Can Affle India Ltd become a multibagger stock? What is it’s business model? What is the right time to invest? Affle (India) Ltd. is a portfolio stock with a huge potential to become multibagger. Why I’m saying this is because of this company’s wonderful business model as well as the fundamentals. A little brief about the company are as mentioned below: 1. Affle India is a technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements, and transactions through relevant mobile advertising. 2. Technology Enabled by a Rich Patent Portfolio - 18 Patents granted and filed in fields of Consumer acceptable advertising, Messaging, Search & Ad Fraud Detection. 3. Recent Acquisitions * Vizury platform – 2018 * Shoffr, Revx – 2019 * Mediasmart, Appnext – 2020 4. 95% of its business is Mobile apps advertisement focused & Mobile advertising spend is projected to reach a share of 64% of total digital ad spends by 2022. 5. With market Cap of Rs.13,845 the company is very small this this point of time and considering the business model, have a huge potential to become a giant. 6. ROCE - 42.7%, ROE - 43.5% which is very impressive, P/E is 151 which makes valuation of this stock look costlier but considering the fundamentals it’s not gonna stop soon. 7. Topline (Turnover) of the company has grown to aprx three times in last 4 years since listing from 167 Cr in 2018 to 455 Cr in 2021, so does bottomline (Net profit) from Rs.28 Cr in 2018 to Rs.92 Cr in 2021. 8. The company have borrowings of Rs.101 Cr in 2021 balance sheet which is negligible considering the net worth of the company. 9. On the charts long-term trend is in uptrend but short-term trend is in downtrend as you can see on the charts. This is because the stock is taking time correction after giving huge up move consistently since listing. 10. Wait for sometime buy as soon as the stock again comes in uptrend and hold for 3–4 times. (Never buy falling chart pattern, is a very basic rule of technical analysis no matter how strong is the company). FRESH BUY - Above 5796 OLD BUY - HOLD TARGET - At least double i.e. 12000.
NSE:AFFLELong
by ShareMarketSchool
9