TSG Capital
TSG Capital

@TSG_Capital

13 Tweets 65 reads Jan 08, 2022
Stock name - Sat Industries Ltd. (#SATINDLTD)
Bought now below 50!
Low liquidity, DYOR.
#TSGStocks
Thanks to @Kanhaiy85797848 for bringing this stock to my attention!
Will post relevant fundamental & technical info by today EOD!
Stock name - Sat Industries Ltd. (#SATINDLTD)
Average buying price considering Thursday & Friday's buy - 47.40
Chart pattern - 11.4 years long horizontal BO @ 50.90
Technical target - 102.40
Time frame - Within 1 year
Stop loss - 40.30 (WCB)
Rationale - Probable turnaround
#SATINDLTD - Business Update for the Quarter and Half Year ended 30th September 2021
Presentation link - bseindia.com
#SATINDLTD - Investment in Startups and Funds
SAT Group has invested in more than 100 start-ups & funds till 30th September 2021! Some interesting names in there.
Complete list of Investee Companies can be found here - satgroup.in
#SATINDLTD - Notice dated 20/10/2021 - Subsidiary Aeroflex Industries Ltd. is going for expansion in production capacity which will be funded by raising equity capital through an Initial Public Offer (IPO).
Link - bseindia.com
#SATINDLTD - Notice dated 16/12/2021 - Withdrawal of Sah Polymers Ltd. DRHP from NSE Emerge SME Platform of the Stock exchange & reconnoiter to Main Board of Stock Exchange to augment larger fund-raising option & to reach wider & broader investors.
Link - bseindia.com
#SATINDLTD - Notice dated 16/12/2021 - Board of Directors of the Company took the decision to enter into the business of manufacturing & marketing etc. of Stainless-Steel Products in general & Stainless-Steel Wires/Sheets/Accessories in particular.
Link - bseindia.com
#SATINDLTD - Notice dated 06/01/2022 - Subsidiary Company Sah Polymers Ltd., has acquired a stake of 51.01% in Fibcorp Polyweave Private Ltd. & consequent thereto it has become a Subsidiary of Sah Polymers Limited with effect from January 5, 2022.
Link - bseindia.com
#SATINDLTD - Promoters hold 51.59%, Institutions & HNI's hold approx 44.56% shares. Individual share capital upto Rs. 2 Lacs category hold 3.85% only.
Low free float with a turnaround in business is a recipe for excellent gains!
Public shareholder link - bseindia.com
#SATINDLTD - Good level to add & average down!
#SATINDLTD - Good Q3FY22, nicely summarized in the attached images by @AoI_VenturesLtd!
Result link - bseindia.com
#SATINDLTD - Business updates for the quarter and nine months ended December 31, 2021
Link - bseindia.com
Bullish commentary by the Management!

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