The Equity Desk Report card - Dercember 07.
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Identifying Multibaggers
Forum Discription: Discuss specific attributes that investors could look at while choosing multibaggers. Also point out certain factors that investors tend to overlook while finding multibaggers.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1503
Printed Date: 06/May/2025 at 10:28am
Topic: The Equity Desk Report card - Dercember 07.
Posted By: basant
Subject: The Equity Desk Report card - Dercember 07.
Date Posted: 01/Jan/2008 at 6:59pm
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Hi, This quarter’s report card is very impressive. Close to 50% of TED stocks have been up by more then 100% ever since they were put in this forum. So while the excitement has been away in power and fertilizers if any investor would have just held onto the stocks discussed on The Equity Desk he would have done tremendously well. In our http://www.theequitydesk.com/forum/forum_posts.asp?TID=429&FID=41&PR=3 - The Equity Desk XI we made one change as http://www.theequitydesk.com/forum/forum_posts.asp?TID=1299 - Axis bank replaced Bharti. This concept of 11 stocks initially started at TED seems to have become a fancy item with a JM launching their new fund which would invest in only 11 stocks and a TV program where participants had to choose 11 stocks.. People continue to trade in several of the known names which would become unknown when the tide turns. The problem is of non recognition of the subtle difference between making money and wealth. Most of us in our initial days of investing want to make money from stocks but it is only when we start to mature in terms of our investing career that we understand that the real need for investing should be to make wealth and money making is a small part of that continuous flow that creates wealth.
Note: Companies in bold form part of http://www.theequitydesk.com/forum/forum_posts.asp?TID=429&FID=41&PR=3 - The Equity Desk XI . Motilal Oswal carries out a wealth creator survey every year and though the data is historical and means nothing in terms of monetary benefits the biggest classification there is in terms of categorizing multibagger is as a one time wealth creator or an enduring multibagger. For example Infosys, Wipro, Satyam, Silverline, DSQ Software and Pentamedia were all multibaggers but while the first three enduring multibaggers creators the other three were what we can call sucker stocks. This bull market will end with a lot of sucker stocks. The point to remember is that stocks, sectors and investors perish but markets always exist to flourish again. So good investing logic indicates that we should remain invested with credible names rather then bet on the company on whom very little is being written or said about. Regards, Basant ------------- '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 |
Replies:
Posted By: BubbleVision
Date Posted: 01/Jan/2008 at 7:36pm
Once again, Solid report card. Congratulations! BasantJi, may be we should patent the "11" number, as they are just copying TED.
Solid Wizdom!
------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: catcall
Date Posted: 01/Jan/2008 at 7:42pm
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COngratulations to you Basantji and the TED team, do you propose any changes?? ------------- There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing! |
Posted By: gcpradhan1
Date Posted: 01/Jan/2008 at 8:00pm
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Thanks Basant Jee, Again we had a splendid performance with our TED XI portfolio. And as the very purpose of TED is concerned, we should always strive to maintain TED's investigating philosophy rather than diverting our energy and thoughts for other unknown stocks. So the very purpose of the investing philosophy should be not to lose money while maintaining the pace of growth !!!!
------------- Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years - Buffet |
Posted By: shetty
Date Posted: 01/Jan/2008 at 8:03pm
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Thanks Basantjee. Must remeber that I have to create wealth and not be stuck with a sucker.
Must remember that in the year 2008. |
Posted By: omshivaya
Date Posted: 01/Jan/2008 at 9:14pm
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Well done TEDdies & Congratulations Basant sir. Miles to go before we sleep. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: krishan
Date Posted: 01/Jan/2008 at 9:28pm
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I was closely looking at the report card and deduced following observations. Pls. feel free to correct me incase i have made any error.
- Since Year 2006, Sensex on avg. returned 80.4% and TED XI 151.3% - Only 1 TED XI stock recommended in Y07, rest 10 were purchased in year 2006 - Since Year 2007, Sensex on avg. returned 27.4% and 16 stocks recommended in this forum returned 72.6% - Of 16 stocks discussed in this forum in 2007, 9 returned more than sensex but 7 lagged. But only 5 returned more than 45.5% (sensex return since 1st Jan 2007) Note: Sensex returns are calculated assuming you are investing in sensex on date of share purchase. However if one had lump sum money available and invested it all in beginning of 2006 and 2007 then returns would have been 98.3% and 45.5% respectively. |
Posted By: deveshkayal
Date Posted: 01/Jan/2008 at 10:19pm
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Edelweiss Recm price should be 825 bcoz we initiated on TED before IPO. If one takes into account Annualized returns, then India Infoline will top the list
 ------------- "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett |
Posted By: nikhil090
Date Posted: 01/Jan/2008 at 11:25pm
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Good solid report card.. Congratulations to the team ..
Just one question ?? Is there a difference between red and blue stocks?
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Posted By: dayal_desh
Date Posted: 01/Jan/2008 at 12:21pm
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Wish you all a Happy, Healthy and Exciting New Year 2008
May all of us outperform the major indices by a significant margin.
Congratulations to the whole team.
One piece of correction, Krishnan Ji, The sensex has returned a cool 47+% from 31st December 2006 up to 31st Dec 2007. The Nifty has returned close 52%.
This brings me to a wonderful feeling that our economy is been performing well and providing us with diverse opportunities to create money and then wealth (by ploughing back returns)...
On the number/names of stocks that have been discussed and may have been part of the portfolio, I see similarities to Australian Cricket team of today or West Indian team of early 1980s...
The playing 11 always meant that some of the excellent players made way for the extra-ordinary ones of that particluar day. The capatins of the team have always had the cushion / liberty of falling back upon a huge list of choices (each of them solid) to choose from.
Thanks to the economy, corporate performance and the members on this forum, as a captain of individual portfolios, each one of us are in a similar situation as described above.
Kudos to you Basant Ji, for starting such a forum and to all members who contribute different ideas and propositions. Virtuous Cycle !!
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Posted By: xbox
Date Posted: 01/Jan/2008 at 4:32am
 Basant jee. As we are aware Indiabulls is again demergerd, so for next quarter, recommendation price should be changed from 142 to 100 (or so as ISL is smaller than IBFSL).
------------- Don't bet on pig after all bull & bear in circle. |
Posted By: basant
Date Posted: 01/Jan/2008 at 6:15am
 SHOCKED------------- '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 |
Posted By: smartcat
Date Posted: 01/Jan/2008 at 11:33am
Actually, I prefer keeping recommended price at Rs. 1400 levels (the price on first day of listing). In the IPO, hardly anybody got the desired number of shares.
If you apply for Rs. 1 Lac, you end up getting shares worth Rs. 8000. So if you buying Rs. 92000 worth of more shares in the open market, you will end up with the average purchase price over 1200.
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Posted By: deveshkayal
Date Posted: 02/Jan/2008 at 12:20pm
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If that is the case then GBN Recm price should also be listing price. Else it would be unfair to Edelweiss. ------------- "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett |
Posted By: tigerz_style
Date Posted: 15/Feb/2008 at 1:34pm
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Basant ji
Asit C Mehta has come up with a sell rating on Pantaloon Retail....as shown on NDTV
Will you also agree with that
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Posted By: omshivaya
Date Posted: 15/Feb/2008 at 2:01pm
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I dont know about Basant sir...but I would. Sell IT, Sell IT, Sell IT. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: basant
Date Posted: 15/Feb/2008 at 2:04pm
No, that is not the way I buy and sell shares.
------------- '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 |
Posted By: padmania
Date Posted: 15/Feb/2008 at 11:42am
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I am a new member and was going thru 13 commandments of Jesse Livermore in this link.
http://www.theequitydesk.com/thirteen_commandments.asp I have a query.The title says 13 commandments but we have only 12.Is there another one. Jesse was considered to be a more of a trader rather than an investor,why have you included him in this forum. I was not sure where I can post this discussion so I am posting it here. |
Posted By: joslinjose9
Date Posted: 26/Feb/2008 at 4:21am
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hi i am a new member in equity desk.i want to know about the shares which are good to buy now. ------------- fear of lord is the beginning of wisdom |
Posted By: kulman
Date Posted: 26/Feb/2008 at 7:10am
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Hi! Welcome to TED. http://www.theequitydesk.com/forum/forum_posts.asp?TID=17 - Please Introduce yourself ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: tarkeshwar
Date Posted: 07/Mar/2008 at 12:33pm
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Interesting tid-bit: What would be CAGR as of today (Mar 3, 08 - another crash day :), if you invested equal amount (say Rs. 1000) on the recommendation date of every TED stock and did not sell any? Here are the results: TED all: 33.66% (flattering?) TED XI: 54.5% (excellent!) Sensex: 24.9% (benchmark?) |
Posted By: nitin_jagtap
Date Posted: 07/Mar/2008 at 12:48pm
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...thats a 11 man CLAP ------------- Warm REgards Nitin Jagtap |
Posted By: tigershark
Date Posted: 07/Mar/2008 at 3:25pm
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my only worry is not about the ted stocks business model but that of the pe ratios which still APPEAR to be high in correlation to the sensex pe.one can argue that growth stocks do command high pe multiples but in mkts like these which run on pure panic and news from outside the possibilty of pe correcting are still anyones guess.i continue to be invested in businesses that i like. ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: basant
Date Posted: 07/Mar/2008 at 3:34pm
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That is what worries me also but if we can be assured of just 12 months growth all these stocks will become value stocks.
In these times 12 months looks too big a time to let pass!!! ------------- '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 |
Posted By: tigershark
Date Posted: 07/Mar/2008 at 3:40pm
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yes, i also want to add that tedx1 stock will have to outperform as regards as earnings are concernd, as simply the sensex going up may no longer take them up to those levels that we are used to seeing,and also the sensex may not go up but individual stocks can outperform in a bear mkt. ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: ravi77k
Date Posted: 04/Jul/2008 at 8:36pm
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Hi Basant
As the market is touching new lows, Can you suggest new portfolio with the stocks looking cheap?
Thanks
Ravi
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Posted By: basant
Date Posted: 04/Jul/2008 at 9:48pm
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Unfortunately it sounds boring but the best stocks could be the one which we actually hold,recommend or discuss. ------------- '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 |
Posted By: catcall
Date Posted: 04/Jul/2008 at 10:35pm
I agree, if you're in it for the thrills, you're better off plaing Russian Roulette  ------------- There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing! |
Posted By: jksud
Date Posted: 29/Aug/2008 at 1:03pm
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dear moderator & forum members
i am jayakumar, joined forum yesterday after reading an article in outlook money. i am working in muscat.
really feel that i was not aware of such group till yesterday.
pl give a week to read the forum posts and then i will follow.
am investing from 1991.
jayakumar
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Posted By: basant
Date Posted: 29/Aug/2008 at 1:07pm
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Welcome to TED. Nice to see you here. ------------- '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 |
Posted By: sajithvm
Date Posted: 12/Sep/2008 at 12:25pm
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Hello,iam sajith menon from cochin.Iam joing from today.I got the info about this group from Otlook money.i started investing from 2006.Looking forword as a good member. ------------- sajith menon |
Posted By: amaani
Date Posted: 13/Sep/2008 at 3:13pm
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Dear TED team Any new reccommendation in the current bear pace
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Posted By: basant
Date Posted: 13/Sep/2008 at 3:18pm
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We are bruising the old wounds!!! ------------- '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 |
Posted By: tarkeshwar
Date Posted: 29/Oct/2008 at 8:34pm
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Ted XI may need some changes. For one, Dish TV ought to go. Not because its price has fallen much but because its investment thesis appears broken now. It is hard to believe it will maintain its leadership position because of better funded competitors with better "perceived" customer service (which is the most important thing in the dth business). Its fund raising plans and rights issue are in trouble. Do we still believe in the investment thesis and its break even plans?
Ted XI has undergone brave changes in bull market. With fundamentals changing some and prices down so much, there must be more stocks worthy of Ted XI. |
Posted By: nav_1996
Date Posted: 29/Oct/2008 at 8:57pm
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I would second that. Dish TV should not be part of TED XI. Too much competition and all players will keep loosing money.
Also, out of Voltas and Blue Star we need to have one as they have overlapping business and will have strong correlation. Consumer AC demands as well as cooling demand fron new construction we go down. We need to search for another engineering solution theme. May be BHEL (power), Thermax (power, environment) |
Posted By: India_Bull
Date Posted: 29/Oct/2008 at 11:26pm
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Tediies want the TED XI to be replaced due to price deterioration or fundamentals of the business has changed?
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: omshivaya
Date Posted: 29/Oct/2008 at 11:55pm
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There are many TED XI players where PEG is considerably lower than 1, that is prices have corrected far more whereas fundamentals have changed a bit(that is growth rate has gone down a bit).
So, a total revamp of TED XI is not at all required or desirable but where fundamental scenario has taken a severe beating, there one may need to relook. Let's not paint all with the same brush. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: Hitesh Shah
Date Posted: 29/Oct/2008 at 9:56am
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Specifically re. Dish TV, does the actual appearance of competition alter the fundamentals? Competitors were assumed from the start, but their ability to grab market-share was guesswork at the time. Does deterioration of financials count as fundamentals? It could be temporary if the promoter takes it as a matter of prestige?
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