cera showing strength in falling marketfew back back 52 week high is broken and sustained
stock is rising up with short covering
no much profit booking is significant
suggest investor holding major position
CERA trade ideas
Q&A_ How Mr. Vijay Kedia made fortune in Cera SanitarywarePlease read it carefully
In 2004 and 2005, Mr. Vijay Kedia identified and invested in three such shares (Atul auto, Aegis logistics, Cera Sanitaryware) which appreciated more than 100 times in next 10 to 12 years.
Q: Who is Mr. Vijay Kedia?
A: Mr. Vijay Kedia is one of the ace investors from India, who mostly invests in mid-cap Indian stocks.
Cera Sanitaryware:-
Q: Cera Sanitaryware has given almost 100 fold return. How?
A: Well, following is the table of PBT (profit before tax) along with share price as on 01st April of each and every financial year (for the last 17 years).
Year PBT (in Crores) Share Price (in Rs)
2004 |2.63 |12.8
2005 |3.98 |29.8
2006 |8.96 |87.25
2007 |13.98 |123.5
2008 |15.53 |121
2009 |19.90 |53.8
2010 |29.89 |251.5
2011 |41.52 |162
2012 |48.50 |233
2013 |67.81 |450
2014 |82.40 |870
2015 |100.93 |2490
2016 |129.46 |1825
2017 |155.82 |2970
2018 |154.44 |3400
2019 |180.17 |3000
2020 |140.61 |2250
You can see that the profit of FY 2004 (which was Rs 2.63 crores) has been increased 68 times (to Rs 180.17 crores) in the FY 2019. So as the share price (Rs 12.8 per share to Rs 3000 per share in 2019).
Q: So, at what price Mr. Vijay Kedia bought shares of Cera?
A: I searched the internet but didn’t found the actual price he bought Cera at. Therefore let’s take closing price for FY 2005 (which is Rs 30 approx.). He had around 405,248 shares (as on quarter ending Sep 2011)
Q: So the profit before tax has been increased 68 times and share price increased 100 times? Why?
A: There are mainly two ways a shareholder make money. One is appreciation in the share price over time and other is dividend paid annually or quarterly.
Cera Sanitaryware has paid on an average 105% dividend on the (face value Rs 5) since last 17 years.
Q: Share price has fallen aggressively in year 2009. Why?
A: It was due to subprime loan mortgage crisis of the year 2008 (market crash).
Conclusion:-
Mr. Vijay Kedia made fortune in Cera Sanitaryware with his strong perseverance. Strong fundamentals and growth of Cera made this possible.
Disclaimer: Investment in securities markets are subject to market risks. Please do your own analysis and risk assessment before investing.
CEAR Positional Long1. Pattern Breakout
2. Volume Pickup
3. All Time High
4. Good Relative Strength
5. Strong Fundamentals
CERA looks interesting for Long SwingStock has consolidated here for some time. Looking to breakout.
Cera - Break out or Break down. Vijay Kedia Portfolio stock.Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In limelight today we have Vijay Kedia. He is involved in the market since he was 19. Kedia strictly adheres to SMILE as a principle in investing; which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential. Holding% - 1.04%
CERA SANITARY WARE is a leading provider of complete home solution products -- Sanitaryware, Tiles, Faucets, Kitchen Sinks, Mirrors, Shower Panels, Shower Enclosures and much more.
*Institutional Investors have increased holdings from 25.47% to 25.84% in Dec 2020 qtr.
*Growth in Net Profit with increasing Profit Margin (QoQ)
*A company with Low Debt
*Inefficient use of shareholder funds - ROE declining in the last 2 years
*Inefficient use of assets to generate profits - ROA declining in the last 2 years
For more you can check the stock out on trendlyne.com/fundamentals/financial-ratios/254/CERA/cera-sanitaryware-ltd/
Sources credit:
Trendlyne & Wikipedia.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
CERA- Weekly Breakout candidate if sustains above previous high on weekly closing basis
- Medium- Long term investment idea
- Industry Tail winds
-
Neutral outlook in Cera 3110 is a key number.
Any rise keeping below 3110 can be viewed for selling.
Bulls get a confirmation only above this number.
Greater T/f is a buy on dips.
CERAUptrend on daily t/f but hour is week.
Buy on dip keeping above 2860. Keeping above 3040 strength returns.
CERA SANITYWARE LONGBUY CERA SANITYWARE BETWEEN 2600 TO 2640 RANGE STOP LOSS 2540 TARGETS WILL BE 2770/2900/3200
CERA SANITARY BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
SWING TRADE #4 CERA SANITARYWAREStock ( NSE:CERA ) have made very strong base near 2180, today crossed 20 day EMA gives bullish signal for this stock, one may take trade based on his/her risk appetite for swing opportunity.
important levels are
entry range : 2200-2220
stop loss : 2180
target : 2400
Cera Sanitaryware Ltd.Cera Sanitaryware Ltd. on support now. buy for target of 2700+ if sustain near current area.
Play cautiously
this could be the dark horse you are waiting for!!if it crosses 3140, then it can hit 3852,4345 in not so long term!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
0 replies 0 retweets 0 likes
Cera.. can you repeat your move?Cera,,had a big breakout above 200 dma and is retesting it
buy on dips to 200 dma
looking for it to retest all time highs..
CERA SANITARYWARE- Cypher patternWhat is Cypher pattern ?
Cypher Pattern is a harmonic pattern that has the highest winning rate.
It is a Geometrical pattern, hence make sure it matches all the fibonacci
rules, which are as follows.
AB= 0.382 to 0.618 retracement of the XA swing leg;
BC= extend to minimum 1.272 and maximum 1.414 of the XA swing leg;
CD= retrace to 0.786 of the XC swing leg;
How to Trade Cypher Pattern
Buy when the CD leg of pattern reaches .786 retracement .
Stop loss is to be placed at x point of low.
Target is point A, or .50 or .618 retracement of CD leg.
So here we have an example of Cera Sanitary ware, which has formed cypher pattern on its weekly chart and has reached .786 retracement of XC leg. ie. 2300.
So as per this cypher pattern strategy, buy can be initiated near 2300 levels for a target of 3100 or 3300 levels, with stop at x point. i.e. 1980.
RISK POINTS: 320 POINTS
REWARD POINTS : 800, 1000 POINTS
Since Cypher Patten is a reversal pattern, so trade with strict stop loss.
NOTE: Price action near reversal zone - Bullish engulfing candle has been formed in the reversal zone..
