My Authors
Read all threads
Dividend Play and PSU re-rating

A lot of talk about PSU companies' high dividend yield and possible re rating-in the future. A lot of them are at inflection points! Which ones to pick?

#NMDC
#NTPC
#REC
#PFC
#COALINDIA
#GAIL
#NHPC

#OIL
#ONGC

A thread of Pivots and Medians!
#NMDC

Pivoting around 120 since 2016. Double bottom at 80. Cup and Handle BO last week.

Dividend Yield 4.4%
CMP - 125 (52w High)

Disc. - I bought at 114

#NTPC

Pivoting around 120 since 2012!!!
Double bottom in 2019 at 110
Taking support at ascending trendline giving a low risk entry now.

Dividend Yield - 5.3%
CMP - 114.7
52w Low - 106.6

#REC

Pivoting around 140 since 2010!!!
Value Zone - 80 / 200

Another low risk entry candidate because of the ascending trendline support

Dividend Yield - 8% ?? (Damn!)
CMP - 137

#PFC

Pivoting around 110 since 2008!!!
Value Zone - 50 / 170

Low risk entry with CMP just above Median.

Note - Looks like PFC didn't pay dividends last year

#COALINDIA

Broke the 8 year Value Zone in 2019.
Trading inside an ascending channel / bear flag now.
Not an immediate entry, will have to wait for clear direction.

Dividend Yield - 6.5%
CMP - 200
52w Low - 178

#GAIL

Pivoting around 120 since 2011!!!
Hugging the median for last few weeks

Dividend Yield - 3%
More of a re-rating and value play. GAIL owns IGL and MGL which are making 52w Highs.
CMP - 119.55
52w Low - 110

#NHPC

Pivoting around 23 since 2011!!!
Trading inside a triangle. Potential BO.

Dividend Yield - 6%
CMP - 24.25
52w Low - 21, Median - 23 Image
#OIL

Pivoting around 220 since 2010!!!
CMP at the bottom of the Value Zone. Bearish.

Dividend Yield - 6.7%
CMP - 151
52w Low - 140 Image
#ONGC

Pivoting around 180 since 2007!!!
Trading at the bottom of the Value Zone 120 / 240. Bearish.

Dividend Yield - 5.6%
CMP - 125
52w Low - 115.5
2008 Low - 90 Image
Other PSU stocks:

#IOC
#HPCL
#NLCINDIA
#HINDZINC

Will continue thread soon.

A basket of 10 - 12 Dividend Play stocks with a right entry will give very good returns!

Note - Yields based on past payouts. Not a given that you will receive same dividends in the future.
Dividend History 2015 - 2019 Image
#NLCINDIA

Available at 2008 Low price
CMP - 52. 5
52w Low - 46
2008 Low - 45 (14% from CMP)

Every time it hit 45 levels since 2006, it has bounced!

Dividend Yield - 8.3% !!! Image
#SJVN

Pivoting around 27 since 2010!!! Bearish at CMP.

Will think of entering only on a monthly close above 27.

Dividend Yield - 8.5% !!! Image
#NATIONALUM

Pivoting around 80 since 2000!!!
Value Zone - 30 / 130
Bearish. Can buy on weekly close above 50

Dividend Yield - 13.6!!!
CMP - 41.5
52w Low - 37 Image
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Sanjay Kumar Elangovan

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!