Phenol tanker load was selling at Rs140000 per ton in 2018 and was selling at 42000/ton last month selling at 50000/ ton this month and brokers write earnings, ebidta, eps estimates of Fy 23 of Deepak nitrite and so many others to the second decimal in research reports. Jai ho!
Reminds of a joke
A fishing accessories store was selling shiny bate hooks. A man asked the store manager:
" why do u sell such shiny hooks, the fish dont even care"
The store manager replied
" We dont sell to the fish, we sell to the fishermen"
A fishing accessories store was selling shiny bate hooks. A man asked the store manager:
" why do u sell such shiny hooks, the fish dont even care"
The store manager replied
" We dont sell to the fish, we sell to the fishermen"
But how does it even matter, sab karte hai , industry standard practise hai toh karna padta hai!!Hum.bhi kar lete hai!
At Sapling we dont do earnings estimates for one reason :
" We dont know"
" We dont know"
• • •
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