Joined: 28/Feb/2009
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Posted: 22/May/2009 at 4:58pm
If you look at great multi-baggers then most of them were not satisfying these criteria in their early stage but later on they fitted well in the criteria. And if you buy in early stage then only it becomes multi-bagger (Multiple Money) else it is only Good Return (3 or 4 times F.D.).
So the question is to catch company in early stage or wait and buy when it satisfies criteria? Like Infosys was trading at 70 PE in 1998, Bharti’s Mkt Cap was 120 K even though it was making loss or Viceroy Hotel now…
Joined: 09/May/2008
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Posted: 22/May/2009 at 5:43pm
Originally posted by NileshGambhava
If you look at great multi-baggers then most of them were not satisfying these criteria in their early stage but later on they fitted well in the criteria. And if you buy in early stage then only it becomes multi-bagger (Multiple Money) else it is only Good Return (3 or 4 times F.D.).
So the question is to catch company in early stage or wait and buy when it satisfies criteria? Like Infosys was trading at 70 PE in 1998, Bharti’s Mkt Cap was 120 K even though it was making loss or Viceroy Hotel now…
Well for every example where a company became mutlibaggers / there would be 10s of companies which became mutli-losers from the kind of figures you mentioned.
So for all those like me who doesn't have the eyes for spotting the next Infosys/Wipro/Airtel, it is prudent to focus on creating good returns multiple times rather than dreaming about the "multi-multi bagger"
Joined: 20/Oct/2008
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Posted: 22/May/2009 at 10:24pm
Finding a multibagger like 30,40 or 50 is each investors dream. But if you use rational mind then it looks more like a gamble, i mean one can get it once or probably twice but definitly not consistantly. Market is full of smart people, forget the retail investors we have lots of Fund Mgr who are assumed to be brilliant by any acedemic standard. Its their full time job to see the market still i have never seen any MF scheme has given 30-40 kinda baggers.
Well i wish that all forum members should get multi-bagger but at the same time i feel that rationalization of investment expectation is important. Greatest ever investor WB has amassed the wealth via snowball effect not by any short term magic.
Joined: 28/Feb/2009
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Posted: 22/May/2009 at 12:01pm
It is very hard to find out one multi-bagger but what I feel is that one needs only 2 or 3 multi-bagger in his/her life. I am ready to sit on cash or to park my money in F.D. for 5 years to find out only one multi-bagger like Hero Honda or Infosys or Airtel. If I found one multi-bagger during my life period which is 40 or 50 times and If I invest my one year Income then automatically it becomes my life long income.
Can any one please start thread on “Pick Only One Multi-bagger for life time”?
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Posted: 28/May/2009 at 4:26pm
Mumbai: If you had invested Rs 1,000 in Supertex Industries when everyone was throwing stocks away like lighted firecrackers last Diwali, you would be a lakhpati today.
http://www.dnaindia.com/report.asp?newsid=1259607
The little-known Silvassa-based company that manufactures parts for textile machinery has seen its share price multiply 100 times in the past seven months -- from 45 paise on October 27, 2008, to Rs 43.90 on May 27, 2009.
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Posted: 28/May/2009 at 4:55pm
Interesting but how are the financials?
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