Investment_ BCG (Brightcom Group)Namaste!
1) BCG is a very good mid-cap stock for investing, based on my analysis. It has average EPS of Rs 4.40 for the last 6 years. It also has corrected enough to look good to value investors.
2) It's intrinsic value (IV) is Rs 184, if India 10Y Treasury yield of 6.1% is considered. I personally use Sir Ben Graham's formulae, in which he has put 10 Year Treasury Yield at the denominator. Hence, if the treasury yields go up, then stock and overall market's IV will go down, it's that simple.
3) Currently, Treasury yield is around 7.4%. But I expect it to go down, in the upcoming time.
4) I do not suggest investing more than 5% of your entire capital in this stock. I suggest many stocks, but you have to pick your favorite ones yourself.
The price for investing in should be Rs 36.55. Remember, you should buy only when it break that level. I will also be buying some shares.
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing.
Brightcom
Why Fundamentals are ImportantBCG is one share that was hyped in the Indian Stock Market by some famous names and all looks well when the stock runs up, the real test happens when issues come up and stock starts to correct. With no respite in this stock, many retailers will have to book losses. As per price action, this is the last level. Hence, this post comes as a reminder to always buy what you understand and always have a technical stop loss, no matter what.
BG Come on you can do it !!Clear volume rise shows the trend reversal on short term .
Expecting to see some fireworks over 32
Final Phase of consolidationBrightcom looks good to pick its old spot. On strong demand zone now over 40 we can see great fireworks on this penny. Hold tight!
Long, BullishCan expect a Reversal from here as the Chart clearly shows Bullish Engulfing formed and can see upside from here.
Only for reference Purpose.
Brightcom group no waiting now for brightcom group stock parallel channel breakout also dons.
now sit and relax guys ...
