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Tanla Solutions

YoungInvester
Bronze Member

621 Messages

I understand the butterflies in everyones stomach on the slightly longer sideways movement and longer consolidation. While we have amazing news of NIC endorsement and amazing series of high level recruitments in last 2 months, but as usual what will push the share is the announcement of Q4 result date for the board to meet and approve. Now historically whenever the result date is announced , that adds fuel to the share price and triggers a rally. I was trying to arrive at these dates using historical data for dates of announcement call it manual machine learning) . For fin year 2018-19 , Q4 results date was announced on 11 May for 18th May. For 2019-2020 ,Q4-19 was announced on 24 April for 2nd May board meeting. For Q4 20 ,it was announced on 4 June for 10th June ( And we all know 2020 March results were slightly controversial on account of unexpected depreciation numbers and hence the delay) So if we take Q4 18 and Q4 19 as benchmark then expect a date to come this week or early next week and add 7 days. In that case next 2-3 days should max offer you opportunity to accumulate given the consolidation and sideways movement. Next week 2nd half, I strongly see the pre result rally to start given high probability of results date to be announced. Only case this may get delayed if there are plans to give shareholders some dividend. Given the unimaginable future if Cpaas with Covid coming in ,which will make Cpass to fire crazily , and Tanla being at the forefront , Ill not be surprised with a 2000 valuation in next 6-8 months. Guys bottom line if you have money start accumulating. This is going to blast soon. I wish I had money

8.24 AM Apr 29th
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