Apparently, Rachin Ravindra (New Zealand) , the world cup discovery …lapped up by Chennai Super Kings for ₹ 1.8 Cr
Going by the world cup performance & possible potential …. That’s a Value Stock……..yes, CSK is good at picking the value stocks 😀
Travis Head of Australia, not so wonderfully consistent and a new entrant who took the cup away from India goes to Sun Risers Hyderabad for ₹ 6.8 Cr – Well, Hyderabadis like their food rich 😂
And SRH is known to splurge on the wrong players / combinations 🤷🏼♂ they never get going
Value or Splurge? let’s get to know the difference because that’s what makes all the difference in winning consistently or losing consistently
CSK is one team which get their Asset Allocation & Product Allocation with the appropriate Back Ups (Cash Flows) in a very fine manner
That’s what leads to their consistency. Of course, their advisor / captain / leadership is having a great thought process in place
There it goes…
the best performing mutual fund (captain) in the most recently concluded ODI world cup (Recent Past Performance), Pat Cummins (AUS captain) is bought by SRH (Splurging Nawabs) for a whopping ₹20.5 Cr (from a base price of ₹ 2 Cr)
😱😱😱
Ten Times the Face Value 🤔
I’m sure if he isn’t the captain, he’s not going to play a game 😁
History of the stock named – Pat Cummins…
The fast bowler has previously been a part of Delhi Capitals and Kolkata Knight Riders. KKR signed him for a then-record sum of Rs 15.5 crore in the 2020 auction. Cummins was released and bought back by the franchise two seasons later for nearly a million dollars (Rs 7.25 crore).
So…..high price first, plunged 50% next season, now 3 times the last price 🤷🏼♂ – what’s the VALUE he got into DC or KKR?