Aggressive focus on online gamingThe focus on online gaming remains strong, given its role in driving growth. A growing internet penetration and availability of online payment options have only made the management more optimistic about the future growth prospects. The assessment of a yearly growth of 20 percent basically stems from that.Goa casino land policyThe new casino land policy of the Goa government, which is in the works, is expected to be a game changer. It could lead to creation of gaming zones and formalization of the industry. Delta, being the leader, is well placed to benefit from the change. The policy is likely to be taken up in the winter session.ValuationAt the current price, the stock trades at a valuation of 22.4 times FY21 projected earnings. That’s reasonable for a growth company like Delta.Follow @NitinAgrawal65 … [Read more...] about Delta Corp Q3 – In-line results; online gaming full of promise
Yield line analysis by virtual work method
In the run-up to the 2019 Lok Sabha election, he was in-charge of the BJP's election campaign in the politically crucial state of Uttar Pradesh, where the party faced a tough challenge from the grand alliance of the Samajwadi Party (SP) and Bahujan Samaj Party (BSP). … [Read more...] about BJP set to get new president, JP Nadda likely to succeed Amit Shah
Coming back to my trade, I like to add to a winning trade. Because I am an Elliott Wave follower, I look out for Wave 3, which is the sharpest and fastest. I look out for areas to add to my position by pyramiding on to my winning position. However, the initial position will be the largest and subsequent ones will be smaller. Depending on the degree of the wave my position is a matter of a few days to 8-12 weeks. … [Read more...] about Jai Bala: The Singapore-based trader who has an uncanny skill of calling market peaks
For its part, the state administration is trying to get a modicum of normalcy going. Restoring communications, calling for a return of tourists and assisting with apple harvesting and marketing cannot cover for the lost ground. Deputing magistrates to oversee start of schools and announcing an exam schedule to lure students back are stratagems. It will also keep the leadership and foot soldiers incarcerated for longer, lest the wellspring of anger find focus, a plan and a leader. … [Read more...] about Politics | How will New Delhi react to the civil disobedience in Kashmir?
As I say in my training programs to succeed only 10-20 percent is analysis next is psychology and the final frontier is knowing yourself. Trading or investing is always a personal journey. How much can you contain your psychology? So if your instincts are aggressive you can’t have a 10-year portfolio. So you need to understand if you can digest the food. But it takes a few years to understand what works for you trading, that too on what time frames or if you are comfortable in investing. … [Read more...] about It is not about selection but about allocation: Nooresh Merani