Investing
Perks handed to UI upon listing on the Frankfurt stock exchangeThe Frankfurt Stock Exchange (FSE) is Germany's largest stock exchange and the leading European destination for Canadian venture capital firms seeking exposure and liquidity in the European market. The FSE enables advanced electronic trading, settlement, and information technologies, allowing it to handle the increasing demands of cross-border trading.
$IBO’S CEO remarks on the H.C Wainwright"H.C. Wainwright is a leader in the field and may be a significant strategic partner in our ongoing corporate finance roadmap," said Nick Karos, CEO of Universal Ibogaine. Another crucial step in raising awareness of our brand and service is the chance to share our story with this audience.
BTC/USD - Weekly OverviewDuring the past week, BTC had developed a strong support base of around $19K besides being traded below the crucial psychological mark of $20K on multiple occasions. The weekly high was registered at around $22.5K testing the resistance present at 0.236FIB level.
With the recorded CMP at $20,560, MA-10 is looking at the potential to have a positive crossover against MA-5 which can result in more positive momentum if happened. The MACD level are supporting the hypothesis as the level had crossed above the histogram for the first time since the last month.
Overall, BTC had developed support levels at $20K and $18K. The hurdles currently faced by the bulls are around $23K and $25K respectively.
$IBO to commission advanced addiction treatment centreAt the Kelburn Clinic, UI is developing a cutting-edge holistic addiction treatment protocol that, when combined with the anticipated ibogaine detox programme, will transform the way we treat addiction and dramatically enhance the lives of individuals and families plagued by addiction.
Universal Ibogaine’s stock listing on Frankfurt stock exchangeUnder the ticker symbol "JC4", UI's common shares have been registered for trade on the Frankfurt Stock Exchange, or Bourse Frankfurt. In Canada, UI will continue trading under the ticker name IBO on the TSX Venture Exchange and on the OTCQB under the ticker symbol IBOGF on the OTCQB
$IBO and its futuristic addiction treatment protocolUI is developing an advanced holistic addiction treatment protocol, at its Kelburn Recovery Centre, that when combined with the planned ibogaine detox methodology is expected to transform the way we treat addiction and dramatically promote the welfare of families affected by addiction.
Technical Indicators: Are they certain or probabilistic?There are three types of technical indicators that I have listed in this post- Trend, Momentum and Volatility . This is not an exhaustive but selective list of indicators. The selection is based upon the most useful and the most popular ones.
🔊 General Definitions
✔ Trend Indicators : They represent the overall direction of the market. These indicators lose their significance in a sideways market.
✔ Momentum Indicators : They represent the rate of change in price over a period of time. These indicators oscillate between a defined upper and lower limit and hence are also known as oscillators.
✔ Volatility Indicators : They represent the intensity of price swings around the mean price. These indicators are useful in identifying vital values such as stop loss and targets.
👉 Select carefully : Any indicator can be selected from a specific group but it should be avoided to select two indicators from same group. Reason being two indicators would fire signals for the same characteristic and hence one of the signals will become redundant.
For using multiple indicators, it is advised to take only one signal from each group.
👉 Certainty behind indicators : Trading is probabilistic and indicators are a subset of trading, hence they cannot be certain. In simple words, indicators are derivatives of the price action so most of them are delayed. That is the reason, many a times, signals are fired too late. On the other hand indicators are good at devising strategies.
🚩It is advised to trade one strategy consistently. One advantage of indicator based strategies is that they make the trading process more mechanical and hence help in infusing discipline. In this way it may suppress the haunting psychological weaknesses in traders over a period of time.
🚩There are some traders who have used indicators and made money while most of the others have given up on indicators and made money by trading price action only. In my opinion one should always give it a try before giving up. It will surely add to one’s knowledge. I am not too much in favor of indicators but one should always try to discover new things for creativity.
I hope it helped. Thanks for reading 👋
Inverted Head & Shoulder PatternInverted head and shoulder act as a bottom reversal , also price trading above 200 SMA that's positive sign for price .
When price break the neck line and closing above it then pattern complete .
#HSCL - INVESTMENT PICKABOUT
Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player in Naphthalene and SNF in India.
KEY POINTS
Product Portfolio
It manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde), and specialty oils. It has transformed its portfolio from low-value products to high-valued products over the years for higher margins.
Manufacturing Capabilities
Capacity :-
Coal Tar Distillation - 5,00,000 MTPA
Carbon Black - 120,000 MTPA
Specialty Carbon Black - 60,000 MTPA
SNF - 68,000 MTPA
The company owns 8 manufacturing facilities in India out of which 4 are located in West Bengal. It also owns a manufacturing unit in China. It recently started manufacturing specialty carbon black after expansion in FY20. It also planning an advanced carbon project of 20,000 MTPA at a project cost of ~300 crores.
Its coal tar distillation plant in West Bengal is the largest in India with a capacity of 500,000 MTPA (metric tonnes) that produces various grades of coal pitch and also produces naphthalene for further processing of SNF.
Sales Volume
The company recorded a sales volume of ~320,000 MTPA of carbon materials and chemicals in FY20.
Geographical Revenue Breakup
Presently, the company earns ~92% of its revenues from sales within India and the rest 8% from sales outside India.
Industrial Exposure
The company is exposed to various industries namely steel, aluminum, automotive, plastics, rubber, and infrastructure development.
Clientele Base
Its client base includes Vedanta, Hindalco, Balco, Nalco, Alcoa, graphite India, MRF, apollo tyres, CEAT, Goodyear, Pidilite, Fosroc, BASF, and others.
PERSONALLY EXPECTING 300__500% ROI NSE:HSCL
#TPLPLASTEH - INVESTMENT PICKABOUT
TPL Plastech Ltd is engaged in the business of manufacturing polymer-based industrial packaging products like Drums and Jerry cans. It caters to customers in industries like Chemicals, Petrochemicals, Specialty Chemicals, Plasticizers, pharmaceuticals, FMCG, Food Products, etc.
KEY POINTS
Product Portfolio
Narrow Mouth Drums: Used for storing liquid chemicals and lube oils with capacities ranging between 210-250 liter
Narrow Mouth & Wide Mouth Carboys: Used in Specialty Chemical and Adhesives industry for storing semi-liquid powder and paste type products with capacities ranging between 25-120 liter
Open Top Drums: Used in Dyestuff, Food, Pharma industry for storing packing powder, paste type, semi-liquid and solid products in capacities ranging between 35-235 liter
Customer Profile
The company caters to 250+ customers in various industries like Chemicals, Petrochemicals, Specialty Chemicals, pharmaceuticals, FMCG, etc. Some notable customers include Gulf, Godrej Industries, Aarti Industries, Dabur, Valiant Organics, Jubilant Lifesciences, Amul, KLJ Group, etc.
Manufacturing Facilities
The company has a capacity of 28,000 MTPA across 6 manufacturing facilities in India. The manufacturing facilities are located in Ratlam, Vizag, Silvassa, Bhuj, Uttarakhand, and Jammu. Production in Bhuj, Ratlam, and Vizag facilities was started in 2020.
CapEx
The Co. is setting up a new manufacturing unit in Silvassa for manufacturing small packaging products with capacities ranging between 50 ml to 10 liters as Value Added Products to serve the existing customers in the segment of Pharma, FMCG, Food, etc. The Phase-1 investment of the project was 8 crores and the project was commercialized in Oct 2021.
During FY21, Co. has also incurred a CapEx of Rs. 3.8 Cr towards automation & de-bottlenecking at existing plants
Promoter
The company is promoted by Time Technoplast Ltd which is involved in the manufacturing of technology and innovation-driven polymer & composite products. It holds a 75% stake in TPL Plastech.
PERSONALLY EXPECTING 300__500% ROI NSE:TPLPLASTEH
Nick Karos thrilled by listing of UI on Frankfurt stock exchange
UI CEO made a statement "Our capital markets and investor relations strategy includes the FSE listing. We recently began trading on the OTCQB Exchange in the United States, and curiosity in the UI story is growing in Europe, particularly Germany. With a mushrooming market and interest in psychedelic medications, Germany has a reputation for innovation and leadership."
Ibogaine for treatment of opioid addictionUniversal Ibogaine owns the global licensing rights to the life saving protocol and is working on a clinical trial in Canada to medicalize the ibogaine molecule. It is a plant medicine that can cure someone of opioid addiction in one dose. This company is developing a worldwide treatment center network.