	Active Topics Memberlist Calendar Search Help
	Register Login

Identifying Multibaggers
The Equity Desk Forum :Market Strategies :Identifying Multibaggers

Topic: TheEquityDeskReportCard Dec 2008

	<< Prev Page of 12 Next >>

Author

Message

tarkeshwar
Senior Member

Joined: 14/Oct/2007
Location: India
Online Status: Offline
Posts: 140

Posted: 04/Jan/2009 at 4:19pm

Originally posted by Vivek Sukhani

If I have to draw any lesson from looking at this, i would say, if you dont know to trade out your way, its becomes very difficult to make a cult for yourself.

Vivekbhai, baat kuch samajh nahi ayi

My learning is: Most of the TED companies have:
1. easily understable business? Yes
2. favorable long term prospects? Yes
3. honest and competent management? Yes
4. been bought at attractive prices? No

That was the risk of buying growth companies in a bull market and paying extra for hope. Taking only mispriced bets and waiting till they are available is a more sound strategy.

Situation is flipped now. 1-3 still exist mostly and 4 is much more favorable. Time to act is now!

IP Logged

nav_1996
Senior Member

Joined: 08/Sep/2006
Online Status: Offline
Posts: 803

Posted: 04/Jan/2009 at 5:17pm

Few points:
1. FMCG needs a place in TED XI.
2. Dish TV should be out. No cometitive edge.
3. ENIL: Good but does it need a place in TED XI.
4. Heavy concentration of Finance companies.
5. Voltas and Blue Star: Two leading companies from same area. Can we look at some engineering companies which caters to differnt area (e.g. Thermax, BHEL) or caters to broader segment (L&T).

Edited by nav_1996 - 04/Jan/2009 at 5:20pm

IP Logged

Chetan Panchal
Groupie
Groupie

Joined: 14/May/2008
Location: United Arab Emirates
Online Status: Offline
Posts: 86

Posted: 04/Jan/2009 at 6:58pm

I think

1) DISH TV should not be removed as its earnings visibility is in FY10 & it was very well known that it will start making profit in fy09-10.Hence we have to wait till that period.

2) TED comapnies have seen Bull & Bear run in last two years.In bull run not only TED recomm.comp.but almost all scrips reach the peak & vice versa.But this bear run gave us the chance to identify the diff between horses & donkeys.

Now we have to see how many of present TED comp.is still competitive & able to fetch a robust return.We have to make a best combination which can give BEST RETURNS in next two - three years.

3) Looking at these I am pessimist abt voltas.

Another thing 1 portfolio of all TED companies should be made based on its purchase price & measure the gain or loss to able to gauge correctly the Loss/Gain for TED stocks.

A new List of recomm.should be prepare of the stock which can be bought at present level & hold for say 2-3 years.

IP Logged

Vivek Sukhani
Senior Member

Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675

Posted: 04/Jan/2009 at 12:18pm

Originally posted by tarkeshwar

Originally posted by Vivek Sukhani

If I have to draw any lesson from looking at this, i would say, if you dont know to trade out your way, its becomes very difficult to make a cult for yourself.

Vivekbhai, baat kuch samajh nahi ayi

Hi Tarakeshwar,

I was also thinking along the same lines. Except that I look for for very very attractive prices. Also, I am a fan of absolute numbers rather than relative numbers.

So, for me, growth means nothing at all. I belong to the old school and I go for payback in bookvalue and dividend and price terms. I invest if and only if, after 5 years, the book value of the company, alongwith dividends received, should be at least equal to the price I pay today. And this is where i play my bargains. I will not mind selling my tickets of Larsen and making it go into Voith.

Of course, I break the rules, but thats only for very very big brands....like a Castrol or a Glaxo or an ITC. But, there I will pinch myself 15 times to convince myself that I am not getting into a duds.

At the end of the day, you should keep your ears closed and keep your eyes open when you make a purchase. If you dont believe in your instincts, never be in this place. No one is God or Prophet here.......

Jai Guru!!!

IP Logged

furkanalam
Senior Member

Joined: 08/Nov/2007
Location: India
Online Status: Offline
Posts: 404

Posted: 08/Jan/2009 at 3:09pm

Yes i also think that TED X1 should be changed and good stocks should replace the duds. Time has changed and so should TED XI. This kind of crisis no one had witnessed. This has taught us a lot and we should not feel ashamed to replace stocks which we had voiced for earlier.

This crisis will surely tell us the good from the bad. We need to keep on tracking it and learning along the way.

IP Logged

praveen
Senior Member

Joined: 09/May/2008
Location: India
Online Status: Offline
Posts: 543

Posted: 11/Jan/2009 at 11:31am

Out of the underperformers, I think Inox, PVR & Amara should do well going forward. Though I dont like PVR because of warrant issue

The quest for knowledge is a never ending Journey

IP Logged

basant
Admin Group

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403

Posted: 11/Jan/2009 at 11:39am

I thhought investors had a short memory

'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

praveen
Senior Member

Joined: 09/May/2008
Location: India
Online Status: Offline
Posts: 543

Posted: 11/Jan/2009 at 11:46am

Originally posted by basant

I thhought investors had a short memory

Not me

. BTW basantji your views on the 3, I have listed.

The quest for knowledge is a never ending Journey

IP Logged

<< Prev Page of 12 Next >>

Printable version

Forum Jump

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum

This page was generated in 0.156 seconds.

Bookmark this Page

Most Participated Topic

Join Theequitydesk.com Today!

It’s easy to Join and it’s free.

Here's why members would love to be a part of theequitydesk.com

Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend, BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn for their experiences on stocks and shares, evaluate opinions on investing in India.

Register now while it’s free!

Already a member? Close this window and log in.

Join Theequitydesk.com Today!

Here's why members would love to be a part of theequitydesk.com

Join Us Close