Sunday, March 31, 2019

Trident Limited @71.40

1. Trident Limited is 10 rupee face value textile spinning company.
2. Trident Limited not only a textile company due to its multiple presences in some other sectors like yarn, paper, chemical and energy it is a diversified company and has a great chance of future demerger.
3. Here are some key points about company business:-
A. Textile:-TridentGroup is amongst the world's largest terry towel and bed-linen manufacturers and draws economies of scale from large capacities. TridentGroup has partnered with some of the global-best technology companies and system providers to bring best-in-class, cost-effective and fast produced products. Our wide range of product portfolio includes a wide variety of towels, bedsheets, blankets, dohars, and bathrobes.
B. Yarn:-Trident Product Mix includes 100% Cotton, Blended Yarn, Special Open End Yarn, Organic Cotton, Core-Spun Yarns, Eli-twist Yarn, Compact Yarn, Slub Yarn and an exclusive range of value-added yarns like, Melanges, Package Dyed, Gassed Mercerized Yarn, Zero Twist, Wrapper Yarn, Bamboo/Cotton, Modal/Cotton, Soya/Cotton, Polyester/Cotton, BCI Cotton, BMP cotton, and 100% dyed yarn.
C.Paper:-Trident paper is the first mill in the world to use ECF bleaching and oxygen delignification on wheat straw. It is also the largest paper unit in India using wheat straw as raw material, and the first mill in India to adopt Fuzzy Logic for Burner Management in lime-kiln. There is a continuous focus on spreading copier paper customers geographically. Product availability is in all major hypermarkets and supermarkets.
D. Chemical:-Sulphuric acid, (chemical formula H2SO4) known as oil of vitriol, is an oily viscous liquid corrosive in nature, is a basic commodity chemical. Trident specializes in three grades of Sulphuric Acid which differ in composition and hence serve several different applications.
E.Energy:-The Group posses the capacity of 49.4 MW captive power generation Cogen 1 equipped with 9.4 MW TG of ABB along with 50 TPH power boiler of IJT at 63 kg /cm2 pressure.Cogen 2 and 3 each equipped with 20 MW Siemens Turbines along with 130 TPH power boilers of Endritz ENMASS at 105 Kg/cm 2 pressure.
4. Book value of trident ltd is 57.95
5. Promoters Holding 70.77 % with no any pledged stock and one other good thing promoters continue to increase their holding:-
(in %)Dec-18Sep-18Jun-18
Promoter70.7768.4567.78
Public29.2331.5532.22
Others------
Total100.00100.00100.00
Promoters Pledge Holding(Rs.Cr.)Nil
6. Here is the trident last few quarters results:-
(in Cr.)Dec-18Sep-18FY17-18
Revenue1,291.401,391.504,576.42
Net Profit112.13109.14263.74
EPS2.202.145.18
Cash EPS3.953.9413.10
OPM %19.6817.6017.39
NPM %8.687.845.76
NSPS 2017-18 of trident ltd is 126.89 which is nice.
7. The base price of the trident ltd is 68.57. You can download Excel sheet for last 3-year price data with graph here:- 3 Year Data of Trident Ltd
8. Target:- 126+ Time Frame:-3 Months to 1 Year Stop loss:-51 (Year low is a stop loss, this is my new funda at your buying time noted down stock year low, use this year low as your stop loss whenever stock fall below this year low then realize your mistake in stock selection and book your loss which will give you free cash and protect you from more loss. In my youtube channel I will upload a new video about this stop loss)
9. I suggested invest only 10% of your average monthly income in this stock, for example, if you earn 65126 per month then invest only 6500 in this stock and hold this small quantity. If unfortunately my recommendation is wrong and the stock does not achieve his target of 126+ and fall below 51 then do not hesitate to book loss and reinvest whenever stock gives closing above 51.
10. Year high/low of this stock is 75.60/51 so this ratio is below 2.
11. Trident is a dividend paying stock and in the last 8 years stock give 0.30 to 1.20 rupees per share dividend recent dividend of 1.20 rupee per share given at 24 Jan 2019.
12.Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

13. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 My wife holds 71 shares of Trident Ltd so my personal interest is included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Trident Limited ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Trident Limited ) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Trident Limited ). 6. I have been not engaged in market making activity for the subject company (Trident Limited ).

23 comments:

  1. Comment on this blog post will replied by me please comment if you have any question about this

    ReplyDelete
    Replies
    1. Sir I have heavy loss in your previous recommendation script Nectar life Sci.

      What to do now...

      Pls suggest...

      Delete
  2. I am already hold trident share.

    ReplyDelete
    Replies
    1. Ok This stock is in my top undervalued recommendations for 2018-19 list and I hope you select it from this list and my wife also hold 71 shares of trident regards

      Delete
  3. Thanks Sir JEE
    YOU R MY GURU
    THANKS A LOT

    ReplyDelete
    Replies
    1. Welcome Sir ji Namaskar Apna nam bhi batate to mujhe khushi hoti Regards

      Delete
  4. Sir i follow you last one month before that i lost about 2lac in intrday but after seeing your vidio i relise that was my mistake now I started swing trading and I slowly get profit. Thanks for that.
    But i want to ask you one question mane apka vidio dekha tha jisme apne bataya tha ki share do din bad demat account me ate hai to kya hoga agar mai demat account me ane se pale beech duaur kya benefit hai mere demat account me ane ke bad bechne ka please clear my this confusion.

    ReplyDelete
    Replies
    1. Anuj Awasthi ji aap dmat account me aane se pahale bhi stock bech sakate hai ese BTST mean buy today sell tomorrow kahate hai , esme yadi aap nifty ke stocks me swing trade kar rahe hai to koi pareshani nahi hoti kyonki unme liquidity hoti hai per yadi kisi small share me bager dmat me share aaye bech dete hai or liquidity nahi hone se aapka broker jisne share kharida hai usko delivary nahi de pata to aapke uper heavy penalty lag sakati hai aap google per nse short delivary penalty search kar sakate hai per nifty ke shares me koi pareshani nahi hai aap unme BTST ka use kar sakate hai Regards

      Delete
  5. Good pick... I am watching your Videos reguraly,

    ReplyDelete
  6. Thanks you sir for value pick.
    I watch all video and follow your regularly.

    ReplyDelete
  7. Thanks you sir for value pick.
    I watch all video and follow your regularly.

    ReplyDelete
  8. As per your guidance NSPS is coming as 89.8 but you have mentioned as 126.89..please clarify.

    ReplyDelete
  9. Can I talk on phone as I got confused after watching few vdo of urs on swing trading.

    ReplyDelete
  10. Sorry forgot to mention my number 9891174786
    Thnx

    ReplyDelete
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  12. hello sir es stock ko abhi bhi buy kr skte h kiya aaj date 19/06/19 ko ye stock 62.25 pr close huaa kiya me 500 qty buy kr skta hu kiya please help me

    ReplyDelete
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disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.