Reposted about 30 minutes 20 seconds ago by Undercover1

Price per publication: NSE: Rs. 4730.45

Affle, from a fundamental standpoint, is every stock picker’s dream. It is present in an infant industry under penetrated in India with an easy 25-30 percent CAGR. The company is not capital intensive, infinitely scalable and generates cash. The entire PAT is reflected in the cash flow, which means the business is literally swimming in the money. I’m late to the party, but looking forward to Rs 4000 levels. On the other hand, Affle is trading at very foamy valuations. From a technical point of view, a break of Rs 5000 accelerated the fall. Affle hasn’t had a significant correction for a long time and has become a magnet for speculators. This correction is very healthy and will allow new investors to come in and it will set the stage for the next rally, God willing.

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Affle, from a fundamental standpoint, is every stock picker’s dream. It is present in an infant industry under penetrated in India with an easy 25-30 percent CAGR. The business is not capital intensive, infinitely scalable and generates …

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