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equity analyst
Senior Member
Joined: 18/Jul/2006
Location: India
Online Status: Offline
Posts: 209
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 Posted: 11/Sep/2007 at 4:42pm |
Alok ji there are so many good stocks discussed thoroughly in this forum, why don't u pick some good stocks from this forum only. No need of PMS . Read, pick and sleep.
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"Markets are the places where two types of people meet up in the morning: those with experience and those with money. Towards the end of the day, they exchange their assets and go home."
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aloksahi1971
Senior Member
Joined: 20/Aug/2007
Location: India
Online Status: Offline
Posts: 390
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 Posted: 11/Sep/2007 at 4:51pm |
Today they have send me the shares into my accont,even here there is a discrepency. bajaj Electricals reflected in my account on 31/08/07 is missing in action.And yes here I must say after going through the Equity Desk did I gain some knowledge into the Porfolio building process. it is unbelivable the stocks chosen in my Pms were bad and most at their 52 week high eg Bata @ 210.00,BPL @ 85. There are other gems that the fund manager loaded on to me and I got the Short term loss. HOV period of holding 1 month.Usha Martin 1 month. Hindustan Motors 1 year sold at a loss.National organics is another gem.
The better stocks like ENIL were entered and exited to counter the losses of the Gem. After studing the Acount statement for a year I realise that the whole exercise was to keep my capital intact and off load shares no one is interested in on to poor me.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 11/Sep/2007 at 5:00pm |
In the process, they have earned brokerage+fund 'management' fees! Wah re wah....No wonder KMB is doing well.
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Life can only be understood backwards—but it must be lived forwards
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aloksahi1971
Senior Member
Joined: 20/Aug/2007
Location: India
Online Status: Offline
Posts: 390
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 Posted: 11/Sep/2007 at 5:07pm |
The very concept of porfolio creation and incresing holding was not adheared to . I do not know what other people have got out of PMS I for one have learned that it is the individual investor who painstakingly builds his portfolio and not an institutonal person. The returns are inclusive of dividends......
Inthis process neither could I levarage my porfolio for short term gains nor pledge the same .
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 11/Sep/2007 at 5:07pm |
Kotak Bank, Tv18, United Spirirts, ITC,Indiabulls are companies that do more damage to the normal person on the street yet they do well, on the other hand companies like HUL and Colgatte that help us remain clean are the dirty stocks to remain invested in.
Is it always beneficial to be invested in the businesses that do more harm then good?
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 11/Sep/2007 at 5:11pm |
TV18 is innocent. Mithali cannot harm anybody.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 11/Sep/2007 at 5:12pm |
Is it always beneficial to be invested in the businesses that do more harm then good?
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You mean VICE portfolio, don't you?
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Life can only be understood backwards—but it must be lived forwards
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aloksahi1971
Senior Member
Joined: 20/Aug/2007
Location: India
Online Status: Offline
Posts: 390
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 Posted: 11/Sep/2007 at 5:15pm |
That is a question puts me in amoral dilema. It may be understood in the concept of monopoly.Even Peter Lynch has asoft corner for these companies. Cigg. will sell (they do too inpite of the warning and the tax).In fact Jim Rogers suggests that Drugs should be made legit!!!!
Mind you Colgate and HUL are not saints and keep increasing their product price at alevel higher than the inflation rate as the base cost is low no one seems to notice.There was a story of colgate going for wider mouth tubes so that same consumers may consume more.A dentist only wants paste to be the size of apea on the brush!!!!
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