“When you love blindly, even flaws seem like virtues.” → When you deeply like or love someone, you may ignore their weaknesses. Their mistakes or shortcomings may even appear charming, acceptable, or even “good” to you. For example, if someone is stubborn, you might call it “determined” because you love them.
“When your dislike is intense, even virtues seem like flaws.” → On the other hand, if you dislike someone, even their positive qualities can appear negative. For instance, if someone is confident, you might see them as arrogant—simply because your attitude toward them is negative.
“Mend Your Attitude” → The key message is that it’s not always the person who is truly good or bad—it’s often our own perspective that is biased. By adjusting your attitude (removing the “blinding” effects of love or dislike), you can see people more clearly and fairly.
Posted: 01 Nov 2024
Laxmi Organic Industries; target of Rs 240 Prabhudas Lilladher We upgrade the stock to Reduce anticipating increase in overall volume and flurochemical contribution to start from Q4FY25. Laxmi Organic Industries (LXCHEM) reported higher-than-estimated topline of Rs7.7bn, marking 18% YoY & 7.4% QoQ increase, driven by 20% YoY/16% QoQ increase in essentials segment volume. Specialty segment saw revenue growth of 23% YoY, while essentials segment grew by 17% YoY. The company expects the fluorochemical segment to contribute to 15-20% of the Rs2bn peak revenue in FY25, and to reach peak by FY27. The company has announced capex for expansion of ethyl acetate and greenfield capex for manufacturing n-butyl acetate, which is currently imported.
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Be prepared to invest in a down market and to "get out" in a soaring market, as per the philosophy of Warren Buffett.