| Author |
Message |
Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
|
   Posted: 28/Sep/2007 at 6:22pm |
okay......I was thinking of something amiss. Actually I have got so much sick about this exuberance related stuff that nowadays I simply dont care....there's simply no point in listening to those who are paid for speaking like stocks editor( though udayan is very different from the crap) or a analyst or a broker. IMO, one has to be focussed on individual stocks without any biases wrt to the markets, cyclicality, volatility, rate sensitivity etc etc.....just to imagine what price a stock will be after a year is an utter foolish exercise for no GOD can figure that out.....as investors, we should try to limit downside for thats the only thing we can do, and leave the rest for the market to decide....
Actually, I just wanted to use this post just to highlight that cyclicals are not all that bad as they are made out to be. No one has even talked a word about tisco and we talk so much for the dish, suzlon, opto and nucleus. Cylicality is not the only risk that affects business. So, if we look at business risk holistically, we can arrive at better results......
|
 IP Logged |
|
|
|
 |
|
prosperity
Senior Member
Joined: 01/Sep/2006
Location: India
Online Status: Offline
Posts: 546
|
Posted: 28/Sep/2007 at 8:25pm |
I am THE cyclical bad guy on TED .. But Thanks for remembering me Vivek !
Felt nice ..
In Hindustan Zinc, Tisco, India Cements and Tata Motors - THE BEST IS YET TO COME !! These are the cyclicals i hold and i still see lot of stock's undervaluation in each of them ....
I dont understand I.T, fertiliser, sugar, oil & gas, textiles and FMCG sectors, and hence i always have been running away from them..
Cheers !
Originally posted by Vivek Sukhani
Hey prosperity, although am yet to meet you or know you personally but can imagine you jumping and pumping and having high fives and what have you....your cyclicals are really turning it on. Look at Tata Steel, Sesa, sterlite....all have started to perform......even the dogs are lloyds and ispats are doing their bit and today even the super dog of the dog called hindalco has managed to raise its head......woowwwww and congratulations!!!!!. By the way, were you also upbeat on fertiliser?????? |
Edited by prosperity - 28/Sep/2007 at 8:45pm
|
|
IP Logged |
|
|
|
Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
|
Posted: 28/Sep/2007 at 11:21pm |
|
Anyone who has been bullish on cyclicals must have made tonnes in this current rally.....and now its our time to party, so why shall we feel bad....we dont need any guidance regarding whats good and whats bad and all those crap....we are doing great and thats all it should matter to us......let people keep their biases why shall we bother????????
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 28/Sep/2007 at 12:14pm |
Vivek, while I can understand your emotion let me urge you not to use words like "crap". I need not tell you that I can understand what is being directed at whom!
I would not get into any more detail.
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
|
Posted: 28/Sep/2007 at 12:14pm |
BSE Metal Index does not capture all the commodities - so it is not possible to compare the performance of commodities vs non-commodities. However, looking at the performance of SBI Magnum COMMA fund, one can get a rough idea about how cyclicals are doing.
I know an actively managed mutual fund is not the correct way to compare, but this is the best we've got.
| I dont understand I.T, fertiliser, sugar, oil & gas, textiles and FMCG sectors, and hence i always have been running away from them.. |
You don't understand FMCG?
- Make some soap
- Wrap it up in some colourful paper.
- Sell it at local store at a price which is more than the cost price.
- Find a hot looking young girl and get her to dance wearing skimpy clothes under a waterfall (advertising)
It is quite simple really.
|
|
IP Logged |
|
|
|
prosperity
Senior Member
Joined: 01/Sep/2006
Location: India
Online Status: Offline
Posts: 546
|
Posted: 28/Sep/2007 at 8:31am |
Well, i rephrase myself -
I understand, but dont like these sectors financially !
Originally posted by smartcat
| I dont understand I.T, fertiliser, sugar, oil & gas, textiles and FMCG sectors, and hence i always have been running away from them.. |
You don't understand FMCG?
|
|
|
IP Logged |
|
|
|
Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
|
Posted: 28/Sep/2007 at 8:39am |
Basant Sir, I never direct it to anyone personally. It was an issue and I spoke for it, thats it. As far as crap word is concerned, I do agree it was used a bit wrongly. All i intended to say that all have their ways and the way everyone responds if we talk about Tata Steel, Hindustan Zinc etc. makes a person feel as if he has started a fight or what. So, tolerance has to be exercised from either side. This is stock market and everyone will have a issue or a grudge or a bloated ego, and we cannot help it. I might have given the impression that I have made a ridicule at some members and to which after having gone through my post, I also agree for that appears to be the case. However, No One Can continue to ever Ridicule In This Market....the market teaches everyone the lesson and especially to those who think of themselves as superior to it. I was woefully wrong in Educomp and which I always keep at the back of my head. So, impression may have been given yet it was none of my intention because No One and not even Lord Almighty knows what wll do well in the next 2-3 years.
and by the way, every business goes through cycles. No body could ever imagine what IT is going through. business Cycles are very hard to predict and business risk estimation is so very difficult. And in this regard, I still feel prosperity is right in claiming that TED is biased against cyclicals. I tender no apology in standing by Prosperity's observations.
Also, I would like to request the admin to expunge the term crap or the entire post of mine if thats appropriate...creates unnecessary confusion and takes the debate to a personal level.
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 28/Sep/2007 at 10:44am |
I did not write this all this while but today I want to put this up. If TED is not an ideal platform to have a balanced discussion then there is no invitation to log in!
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
