KAYA - Short Term Opportunity

4 ago 2023

Kaya Limited (Kaya) is engaged in skin care business.

Positives:

1. Strong Momentum: Price above short, medium and long term moving averages
   
2. Growth in Net Profit with increasing Profit Margin (QoQ)
   
3. Company with Zero Promoter Pledge
   
4. FII / FPI or Institutions increasing their shareholding
   
5. Near 52 Week High
   

Negatives:

1. Inefficient use of capital to generate profits - RoCE declining in the last 2 years
   
2. Inefficient use of assets to generate profits - ROA declining in the last 2 years
   
3. Low Piotroski Score : Companies with weak financials
   
4. Declining Net Cash Flow : Companies not able to generate net cash
   
5. Annual net profit declining for last 2 years
   
6. Book Value Per Share deteriorating for last 2 years
   

Disclaimer: I am invested since the stock price was 300.

NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.