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hit2710
Senior Member
Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
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 Posted: 08/Jan/2010 at 10:44pm |
Originally posted by praveen
I would once again say learning the wrong lessons from one off case that too unconclusive might be detrimental to an investors long term wealth.
I rest my case |
I agree with your view about one off case not being a way to be a lesson to long term wealth creation.
What I presented were inferences and not necessarily conclusions. Thanks for your views.
regards,
Hitesh.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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excel_monkey
Senior Member
Joined: 17/Nov/2009
Online Status: Offline
Posts: 1281
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 Posted: 08/Jan/2010 at 12:10pm |
Originally posted by smartcat
ADF Foods is a good company, although problem is - all their revenues come from outside India.
Juhi Chawla is their brand ambassador for their chutneys, pickles and ready to eat food. Type 'Juhi Ashoka' in Youtube to check their ads. |
Man this ADF foods story has been peddled since last 10-15 years
Just look at the past performance
I don't know there's always someone from investment community talking about the stock but the company never performed
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excel_monkey
Senior Member
Joined: 17/Nov/2009
Online Status: Offline
Posts: 1281
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 Posted: 08/Jan/2010 at 12:17pm |
Hi Hit,
Do you have any update on Resurgere?
I think that the stock has potential but am scared as the stock was named in Nirmal Kotecha scam
as well as Motilal Oswal and Ramdeo Agarwal use to own some stake in the company
Edited by excel_monkey - 08/Jan/2010 at 12:34pm
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excel_monkey
Senior Member
Joined: 17/Nov/2009
Online Status: Offline
Posts: 1281
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 Posted: 08/Jan/2010 at 12:17pm |
Hi Hit,
Do you have any update on Resurgere?
I think that the stock has potential but am scared as the stock was named in Nirmal Kotecha scam
as well as Motilal Oswal and Ramdeo Agarwal use to own some stake in the company
Edited by excel_monkey - 08/Jan/2010 at 12:35pm
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 08/Jan/2010 at 1:45am |
Man this ADF foods story has been peddled since last 10-15 years Just look at the past performance. I don't know there's always someone from investment community talking about the stock but the company never performed |
ADF Foods stock has returned 20% CAGR in the past 10 years - which is pretty much a "standard" for a FMCG company. It's only those who expect the stock to double every year will be disappointed.
However, I'm currently sitting on 90% gains in 6 months on a slow compounder like ADF Foods. Conversely, I have made huge losses in stocks that are supposed to grow their profits at 40% CAGR forever.
When it comes to investing in small caps, timing the entry into the stock and exit from the stock is the key.
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excel_monkey
Senior Member
Joined: 17/Nov/2009
Online Status: Offline
Posts: 1281
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 Posted: 08/Jan/2010 at 2:05am |
Originally posted by smartcat
Man this ADF foods story has been peddled since last 10-15 years Just look at the past performance. I don't know there's always someone from investment community talking about the stock but the company never performed |
ADF Foods stock has returned 20% CAGR in the past 10 years - which is pretty much a "standard" for a FMCG company. It's only those who expect the stock to double every year will be disappointed.
However, I'm currently sitting on 90% gains in 6 months on a slow compounder like ADF Foods. Conversely, I have made huge losses in stocks that are supposed to grow their profits at 40% CAGR forever.
When it comes to investing in small caps, timing the entry into the stock and exit from the stock is the key. |
I agree that the entry point is of utmost importance
and good for you that you are sitting on profits
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joslinjose9
Senior Member
Joined: 26/Feb/2008
Online Status: Offline
Posts: 301
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 Posted: 08/Jan/2010 at 4:40am |
hi hit,
i am a great follower of your stock ideas.thanks for your great work.
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fear of lord is the beginning of wisdom
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EquityInv
Senior Member
Joined: 21/Jul/2009
Location: United States
Online Status: Offline
Posts: 536
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 Posted: 08/Jan/2010 at 5:58am |
Hitbhai,
You have wonderful combination of fundamental and technical knowledge! Thanks for always sharing that knowledge and uncovering stories. Most of your listed picks are great.
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One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do – James Rogers
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