Short!!!!
PFOCUS Interesting CompanyKEY POINTS
plz try to read it 🙏
Milestones ✔️
It is the first company in India to offer a high-end post-production finishing system, film scanning, and recording system. It is also the first in South Asia to offer a 4K DI Facility.
Its technology division, Prime Focus Technologies, deployed the World’s first Hybrid Cloud platform “CLEARTM” in 2009.
It is the first company in the world to convert an entire Hollywood film from 2D to 3D - transforming the stereo conversion services landscape forever.
After the acquisition of Double Negative in July 2014, it became one of the largest independent Visual Effects (VFX) service providers in the world.
It owns India’s largest integrated studio with 25% capacity of Mumbai studio market and
Products ✔️
The Company operates in three major segments which include:
1. Creative services (85%) like visual effects, stereo 3D conversion, and animation.
2. Tech/Tech-Enabled Services (10%) like Media ERP Suite and Cloud-enabled media services.
3. India’s Film & Media Services (5%) - Production and Postproduction services.
Revenue ✔️
Its revenue distribution on the basis of:
The contract is annuity 81% and project 19%.
Product Mix: Services contribute 51% and products 49%.
Region is India 71% and RoW 29% (mainly UK and Canada).
The company derives more than 86% of its revenue from Hollywood.
The revenues from VFX segment grew by 25% to Rs. 49.5 billion in 2019 and is expected to reach Rs. 89.3 billion by 2022.
Customers ✔️
PFL caters to players across the entire media industry value chain and across the product lifecycle of media content. Its major clients include top Hollywood and Indian studios and media companies across the globe:
Studios – Warner Bros., Disney, Netflix, etc.
Broadcast networks – Bloomberg, Disney, Star, etc.
Others – ICC, BCCI, Amazon, etc.
Open Offer ✔️
An open offer was made by A2R Holdings (Acquirer) along with ARR Studio Private Limited and Mr͘ Namit Malhotra for acquisition of up to 8 crore shares representing 26% of the Target Company, at a price of INR 44.15 per share.
Recent Developments ✔️
It has entered into several partnerships like with the Whip Media Group.
Several companies ceased to be the subsidiary (like Prime Focus VFX USA Inc.) of Prime Focus Ltd. while others were merged (like DNEG Creative Services Limited and Double Negative India Private Limited were amalgamated with DNEG India Media Services Limited).
It made several improvements in CLEARTM like introducing the CLEAR Vision Cloud, a media recognition AI platform.
Focus ✔️
In Creative Services it aims to expand their global footprint and diversify the business across content formats. It also expects a growth in cross-selling through bundled VFX, etc.
In Tech/Tech-Enabled Services it aims to sign more strategic deals and increase revenue from existing clients by offering new modules and analytics.
Key Managerial Personnel ✔️
Mr. Naresh Mahendranath Malhotra was appointed as the Chairman w.e.f. May 01, 2020
ULTRACEMO SHORTShort between 7180-7200 with SL above 7250
Target 1= 6760
Target 2 = 6610
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Short side trade in BajajFinsv As the markets look weak, it makes sense to trade in stocks that a have weak setup. BajaFinserv looks like one of the weakest charts in Nifty.
The stock has failed to rise above the previous high 19325 and made a lower high at 18620. Post that the stock prices moved below the previous low of 15450 at a very fast rate i.e. just 5 days. This shows the strength of downtrend.
The stock prices has broken below the previous support of 15600 with high volumes and has the next support at 14000. Good shorting opportunity!
Disclaimer : Only for educational purposes.
ICICI Bank: Go for ShortAs per request of People.
In ICICI go for short . Now in Downtrend and also retraced level of 0.3. Best time to short selling. Also form Bearish Engulfing.
CMP: 781.15
Target 1: 753
Target2: 709
You also go for Long term buy on dip strategy with five time investment.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
Intraday Trade: watch for trendline breakdownshort below 550 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before 9:20
If gapdown is more than 1% from bd level than avoid completely.
if less than 1% or gives bd before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
IEX: AnalysisINDIAN ENERGY EXCHANGE (IEX)is India's first and no. 1 electricity exchange. It is a transparent, neutral, demutualized, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.
CMP: 238.70
IEX now facing down trend. very critical Support zone. Market Retraced on 238 and go down up to 202 to 166. best for short.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.