TheEquityDeskReportCard Dec 2008
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=2006
Printed Date: 06/May/2025 at 10:30am
Topic: TheEquityDeskReportCard Dec 2008
Posted By: basant
Subject: TheEquityDeskReportCard Dec 2008
Date Posted: 02/Jan/2009 at 5:42am
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Dear Investors, I think the biggest test for a bull is to survive when the indices go down more then 50%. This is exactly what happened in 2008. Inspite of all the (wrong) calls that we made stocks kept tumbling down to such an extent that at one point in time even I thought whether it was worth all the pain. However in my limited history of investing I have learnt that stock market investing is not about getting out when the going is bad and getting in when the going is good. It looks good on paper and never seems to come out of it into the actual world. Anyone who has been consistently investing for 20 years has made tremendous money more then any general business could or for that matter any job. In times like these it is better to knock off a greater proportion of risk from the portfolio and stick to large established names till one gets a chance to punt on a stronger mid/small cap theme. Just buying a company based out of its market cap will get you nowhere. That is because finally stock prices are slaves to earnings and not to market cap. So my strategy has kind of changed over the last few months. I am looking more at the larger capitalised companies rather then blindly buying hope (companies with small market cap and no/unpredictable earnings). Whatever be the style the objective is that the stocks which I buy should increase in value (value is different from price) either through increasing EPS or otherwise. If EPS keeps on rising at a stable rate then there would be a commensurate price movement. It becomes just a waiting game then. http://www.theequitydesk.com/forum/forum_posts.asp?TID=429 - which was loaded with financials and midcaps has suffered as much as the sensex but when markets fall everything gets butchered the distinction if ant\y will be made on recovery.
Regards, Basant Maheshwari ------------- '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: Vivek Sukhani
Date Posted: 02/Jan/2009 at 7:25am
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Just a question......has the bonuses of opto been factored in? ------------- Jai Guru!!! |
Posted By: basant
Date Posted: 02/Jan/2009 at 9:20am
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Yes, from what I have managed to track. ------------- '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: Subhankar
Date Posted: 03/Jan/2009 at 7:10pm
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Hi Basant From the Report Card list of the stocks that have lost more than 50% in value, which are the stocks that you feel will bounce back over the next couple of years to regain their recommended price or go even higher? Just want your opinion - I know it may be a difficult call. ------------- |
Posted By: deveshkayal
Date Posted: 03/Jan/2009 at 7:26pm
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Correction:
Zee News and Divis Labs are not included in the report card. Moser Baer is out of Emerging Companies and hence should be excluded from 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: tarkeshwar
Date Posted: 03/Jan/2009 at 8:08pm
This is a sad list! 
Kudos to you for having the heart to track it! 
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Posted By: basant
Date Posted: 03/Jan/2009 at 8:43am
Thanks. Being in the markets for around 15 years I have learnt to take the pain with the gain.
 ------------- '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: Vivek Sukhani
Date Posted: 03/Jan/2009 at 8:51am
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Basant Sir, although the performance may not be that bad, but i believe it could have been much better.......... when you look back and see that some stocks, infact most of them, have been purchased 2 years back, it gives one a sense of dejection.
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. ------------- Jai Guru!!! |
Posted By: tarkeshwar
Date Posted: 04/Jan/2009 at 4:19pm
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! 
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Posted By: nav_1996
Date Posted: 04/Jan/2009 at 5:17pm
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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). |
Posted By: Chetan Panchal
Date Posted: 04/Jan/2009 at 6:58pm
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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.
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Posted By: Vivek Sukhani
Date Posted: 04/Jan/2009 at 12:18pm
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!!! |
Posted By: furkanalam
Date Posted: 08/Jan/2009 at 3:09pm
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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.
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Posted By: praveen
Date Posted: 11/Jan/2009 at 11:31am
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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 |
Posted By: basant
Date Posted: 11/Jan/2009 at 11:39am
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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 |
Posted By: praveen
Date Posted: 11/Jan/2009 at 11:46am
Not me  . BTW basantji your views on the 3, I have listed.------------- The quest for knowledge is a never ending Journey |
Posted By: basant
Date Posted: 11/Jan/2009 at 11:49am
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Amaraja looks better then the other two though on a market cap basis all of them seen beaten down.
------------- '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: manishdave
Date Posted: 13/Jan/2009 at 12:44pm
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Basant, Amararaja price needs to adjusted. It gave bonus in ration of 1:2 in this Q.
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Posted By: basant
Date Posted: 13/Jan/2009 at 1:06pm
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What would the adjusted buy price be? ------------- '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: manishdave
Date Posted: 13/Jan/2009 at 3:07pm
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Purchase price should be 44.26. |
Posted By: somu0915
Date Posted: 13/Jan/2009 at 4:10pm
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Well to speak my heart out, I don't really like to buy companies every quarter. And I don't like TED XI every three months. I would rather like it displayed every year. Three months is just too short to buy or sell any company. Like Vivek said, I also plan to buy only a company only if I think I will sustain it for 4-5 yrs at least. If you look closely, if your bought almost any company from TED XI five years ago and then compare it with today's price in this mega bear run, you will still be in profits. I would also like to take another view in this bear run. I admit that in these times mid caps have been slaughtered mercilessly, still I feel one should have more of mid-caps in their current portfolio now than ever. Since they have been down by 1/10th, they will rise exponentially when the bull run starts. One cannot get such a price for mid caps maybe in their lifetime as they are getting now. But one should have the patience to hold for 5 yrs. And of course just because the price is attractive one should not buy blindly. A good decision of a performing mid cap with attractive price is the best option. One may then switch gradually to large caps when the prices seem very optimistic in the bull run. Would love to hear more comments on this. |
Posted By: basant
Date Posted: 13/Jan/2009 at 4:34pm
Midcaps is the wayb to make money but we need companies growing at 30%-40% and available at less then 10 times PE with high RoEs and preferably sector leaders.
Any names in this is a potential multibagger.
------------- '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: Vivek Sukhani
Date Posted: 13/Jan/2009 at 8:30pm
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Basant Sir, there are many variables in stock picking. And the biggest of them is sentiment. Although personally speaking, I have always seen sentiment as a variable to be challenged to make serious money here yet, in order to challenge that one has to be sure about that well.
Growth is a good variable when you are sure about survival. One thing I have noticed with growth companies is that even though P/L may be wonderful, yet the Balance Sheet is not in great shape. P/L mishaps can be taken into stride if Balance Sheet strength is there, but B/S mishaps can be fatal for an organisation.
There is time for everything in life. Before we try to make sense of future, we have to understand the present. And this is where we are all getting wrong. People should understand that retreat is also a strategy.
This is the time when you need loads of patience, and that should not be a forced patience. I will pounce on a Goodricke if I get it at less than 40 or a tata Chem if I get it near 120, but I will like to wait out for that thing to happen.
The most essential thing in stock markets is timing. However hard we may shun it, but this is what distinguishes froma wonderful performer from an ordinary performer.
------------- Jai Guru!!! |
Posted By: somu0915
Date Posted: 13/Jan/2009 at 9:01pm
I disagree to this. Mr Buffet has been making money through decades through the bumpy ride of the market. Timing can be possible once or twice but cannot be done always. Most important is patience. Patience to hold on and believe in your extincts. Patience to see some other company performing so well(which maybe outside your understaning) and still holding on to your business. Most important is discipline. And greed is second factor which kills. The greed for more money convinces us to put money in lousy businesses. Another most important factor is what you buy. No matter if you buy it a little expensive, if you can keep it for 10 years.. you will have an exponential profit. Even if someone bought a good business at the peak when sensex was 21000, and has the patience to keep it for 10 years, he will still be in good profits. I think only few people on earth have that much patience. |
Posted By: arunshah2k
Date Posted: 14/Jan/2009 at 3:30pm
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Yes, patience gets tested more during bear markets. In bull market, it seems all companies can grow their earnings and everything looks rosy and people buy more. In bear markets, same companies have slower earnings, and people now feel that company is going bankrupt, and people dont invest at all. This cycle continues. I guess the trick to making money is to buy companies in bear markets that are having difficulty in earnings and then these companies shower higher earnings growth in bull markets. Seems tough, but not impossible. |
Posted By: praveen
Date Posted: 14/Jan/2009 at 3:44pm
I don't agree, ask peoplewho bought cisco, Intel in the US in 2000 or go ask the Japs who bought in the late 1980's
Bottom line is valuation matters, and remember Graham's margin of safety principle.
A lot of the companies were more than little expensive when sensex@ 21K so I wouldn't be surprised if some of the scrips don't reach the Jan highs even in the year 2018.
------------- The quest for knowledge is a never ending Journey |
Posted By: somu0915
Date Posted: 14/Jan/2009 at 3:55pm
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"Time is the enemy of lousy business" - Warren Buffet. So if we are holding for a longer time, we must be sure that the company holds the test of time. I preferably don't have interests in Technology Companies because you never know what technology might perform the current one. Also the MOAT should be broader in Buffet's words. Simple businesses with broad MOAT should do well in time even if they are bought at high's of any bull market and even if the market falls exponentially, they will eventually do good in the longer run. But again one must have the patience. No doubt margin of safety is very very very important but with extraordinary business you can give a little discount with this. Thats my personal opinion. |
Posted By: basant
Date Posted: 14/Jan/2009 at 4:33pm
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The most difficult words in investing are "patience", "long term" and "conviction".
But I have learnt (the hard way) that amongst these there is yet important term which is to book losses if a) the story deteriorates or b) There is a better alternative arouund.
------------- '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: Subhankar
Date Posted: 14/Jan/2009 at 7:33pm
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My two cents worth, Basant. Booking losses becomes easier if you are disciplined about setting realistic stop-losses. Though mainly used by traders, I have used it in long-term investing as well by using a larger percentage (25-30%). The other discipline is to keep raising the stop-losses by the same percentage as the stock price rise. Easier said than done, though! Another trick - which caps the gains but considerably reduces the downside - is to book profits partially. Of course, such strategies work best during bull markets. ------------- |
Posted By: kanagala
Date Posted: 14/Jan/2009 at 10:55pm
I guess this is my biggest mistake. I couldn't able to move to better alternatives quickly. I am not able to see a) and b) quickly enough before market does. ------------- While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior. |
Posted By: jugs_pannu
Date Posted: 14/Jan/2009 at 11:08pm
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Hi to all, Sir I have a question to all..Everybody in this world gives examples of Mr warren Buffet, Peter Lynch etc..And we go ga ga over how they made so much money. They can make a lot of money and would continue to make tons of money after all they have loads of people doing loads of research for them..so i think they would rarely go wrong..Secondly every company would give them honest facts..truthfull facts.. the inside information..whereas a small investor like me basis his opinion about a stock looking at a balance sheet(which most of them fudge) or from the newspaper, magazines, etc which mostly is what the management or a large broking house wants them to say... needless to say that the information is not entirely correct..so we buy on the hope that the company is as good as it is made out to be.. I think there is no fool proof system to judge a company. would like to know the opinion of all about the same. Thanks & Regards jugs |
Posted By: basant
Date Posted: 14/Jan/2009 at 8:40am
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Peter Lunch made a 100 bagger or moire in feddie and Fannie and then blew it al over so he was also not immune to the market risk. COmpanies talk as seriously to small investors as they do to big ones provided the questions are serious.
------------- '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: Vivek Sukhani
Date Posted: 14/Jan/2009 at 9:20am
For you to move to better alternatives requires you to keep yourself open-minded. There has to be a tendency to experience to do newer things, to do similar things in a newer manner.
I just saw your sector/stock picks for 2009. It seems that you prepared that list out of hope more than anything else.
You may consider me as being outrightly harsh, but then think more about the cause of being myopic to opportunities rather than cursing yourself to be narrow-minded. ------------- Jai Guru!!! |
Posted By: investor
Date Posted: 14/Jan/2009 at 9:35am
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I agree with Vivek about timing, people seem to forget every stock has an exit point as well. This is from my own experience. This Buffet concept worked for him in a particular environment, but will not be applicable to everyone in every market year after year. And even then it will probably only work for for a few serious disciplined investors like Basantji and Vivek, for the rest of us amateurs it is prudent to realize that we buy stocks to make money, so no point looking at a portfolio tracker and feeling happy over a 20% or 80% unrealized profit, till such time as you actually sell and get the cash(Another lesson learned the hard way by yours truly!  )Even today, i am sure that if Buffet starts from level zero, he will agree that its not possible anymore to have a buy and hold policy for 20 years and more. The world has changed, and so too has the markets. And regarding your point about what you buy and not when you buy, i have a colleague of mine who bought Infy at the peak of the dotcom boom in 2000 for Rs. 12000+ a share, and has been holding on it till date. Try telling him that it does not matter when you buy, as long as you hold on to it for 10 years or more!  (He is a very good investor and has done well since then, he just holds on to Infy mainly to remind himself of his mistake, so that he be reminded of it)
------------- The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! |
Posted By: somu0915
Date Posted: 15/Jan/2009 at 12:14pm
I will just say that everybody is a small investor at some point of time. Warren Buffet was also in this category once. So what you say about small investors not able to judge management, warren buffet must also have gone through this. Secondly what Basant Ji said above: Companies take every investor seriously. They generally provide any information that is needed. Peter Lynch says this in his book "One Up On The Wall Street" clearly.. |
Posted By: basant
Date Posted: 15/Jan/2009 at 12:36pm
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Even in 2003 when my portfolio was around 6% of today's value I used to call up companies and they responded so I am sure companies respond provided we ask them questions relating to their business rather then talk about EPS and dividend and plain guidance. They are really happy to know something about their business if investors can share it with them.
------------- '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: aloksahi1971
Date Posted: 15/Jan/2009 at 3:48pm
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Basantji Mubarakh! even in these trying times your portfolio is up 94% in 5 years.Great!!! ------------- Born To Golf forced to work. |
Posted By: Vivek Sukhani
Date Posted: 15/Jan/2009 at 4:05pm
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wrong statisics, Alok Sahi saab......
Its up more than 16.67 times......!!!!! ------------- Jai Guru!!! |
Posted By: aloksahi1971
Date Posted: 15/Jan/2009 at 5:25pm
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oops!!! Thats right Sir, What a performance . ------------- Born To Golf forced to work. |
Posted By: HallaBol
Date Posted: 15/Jan/2009 at 5:44pm
Completely agree... One idea for making big money is quality midcap IT companies. Currently they are finding it difficult to make money, valuations are very cheap. When the cycle turns, they will definitely start making money. Look out for big multibaggers in midcap IT space. my picks are Mindtree and 3i. 2nd idea is finantial sector. My picks are Yes bank and Kotak. 3rd is media, my picks are ENIL and NDTV. The outlook is looking bleak (is not that the right time to buy?) .. Whenever the cycle turns, valuations will definately soar .. Here the picks are on the fact we are looking for multi baggers. We might not make any money in next 2 years, but whenever the cycle turns .. there is lot of money to be made .. All these stock are having no visibility in near term, but they definitely are long race horses .. |
Posted By: praveen
Date Posted: 15/Jan/2009 at 5:51pm
Thats 2x returns every 15 months!!!!!
Some ------------- The quest for knowledge is a never ending Journey |
Posted By: praveen
Date Posted: 15/Jan/2009 at 5:52pm
Thats 2x returns every 15 months!!!!!
People in the ------------- The quest for knowledge is a never ending Journey |
Posted By: somu0915
Date Posted: 15/Jan/2009 at 10:54pm
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Its not surprising to me to making money around 7-8 times since 2003 since these last six years have been the ultimate bull run for the sensex. You can judge yourself by the nifty graph slope in last six years. But yes to make money more than 15 times is really commendable. |
Posted By: basant
Date Posted: 15/Jan/2009 at 6:58am
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It just happened. I seriously doubt if we will ever get that period back again in our lifetime?
------------- '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: Vivek Sukhani
Date Posted: 15/Jan/2009 at 8:41am
Such times will always be there. Its just about keeping oneself sane as well as solvent that is required. ------------- Jai Guru!!! |
Posted By: kulman
Date Posted: 15/Jan/2009 at 8:50am
Solvency is the key operative word. Markets may remain irrational longer than one can remain solvent. Mr. market has already taught huge lessons to promoters who pledged their shares & to many investors who took margin financing from brokers, or tried to leverage investing borrowed monies from personal loans, credit cards etc. If only money making was sooooo easy! ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: Vivek Sukhani
Date Posted: 15/Jan/2009 at 8:58am
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Sanity is also required........imagining Voltas to have bottomed out near barrell near 120 will never get you those kind of returns. And people who cannot resist impulsive purchases, will never make that kind of returns, even if you make them the richest man on earth.
Solvency is a necessary condition but sanity is the sufficient condition to make that kind of returns.
Also, to make multibaggers, one has to remember that the bag size should be small. Those who purchase stocks at lofty prices are only denying themselves the opportunity of making those kind of fat returns.
------------- Jai Guru!!! |
Posted By: kanagala
Date Posted: 15/Jan/2009 at 9:20am
Vivek, Thanks for your suggestion. I am here to learn from you all. Feel free to give me your suggestions. ------------- While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior. |
Posted By: basant
Date Posted: 15/Jan/2009 at 9:25am
16 times in 6 years after the fall means we are talking of a CAGR of 58% even when the sensex falls 65% post the peak.
If that can be achieved again I can contemplate philanthropy  ------------- '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: kanagala
Date Posted: 15/Jan/2009 at 9:40am
Sir, Amazing achievement. It is time to write a book. ------------- While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior. |
Posted By: basant
Date Posted: 15/Jan/2009 at 9:49am
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TED is a big, interesting and interactive book with several accomplished authors!
I'm sure many people think that way.
------------- '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: somu0915
Date Posted: 16/Jan/2009 at 1:01pm
Basant Ji, I think you should see the next 6-7 yrs from now. After this huge huge crash since 1930's I think the next bull run (whenever it starts) would be the best one you have gone in your life. I don't like to speculate but I surely think I know about this. Just see the DOW JONES when it fell in 1930 and how strongly it came back. I also think the mother of all bull runs is yet to come (as says RJ). |
Posted By: basant
Date Posted: 16/Jan/2009 at 1:37pm
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I'd be happy to hug the mother of all bul markets but for the moment we are seeing the grandmother of all bear markets!!!
I remain an optimist and fully invested.
------------- '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: 16/Jan/2009 at 2:37pm
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iam glad to hear that--grandmother of all bear mkts----grandmothers generally have a shorter life span than ---mothers ------------- 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: pramodjain
Date Posted: 23/Jan/2009 at 7:07pm
Well Said ------------- "We simply attempt to be fearful when others are greedy, and greedy only when others are fearful." |
Posted By: vijayM
Date Posted: 23/Jan/2009 at 9:01am
Basantji,
I appreiciate your sense of humor
 vijayM ------------- If a business does well, the stock eventually follows:Warren Buffett |
Posted By: vijayM
Date Posted: 23/Jan/2009 at 9:04am
vijayM ------------- If a business does well, the stock eventually follows:Warren Buffett |
Posted By: kulman
Date Posted: 23/Jan/2009 at 9:16am
 On second thoughts, is she a kind of black swan granny who would outlive the mother? ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: manish_okhade
Date Posted: 25/Jan/2009 at 11:44am
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Basantji,
It would be real insight for future investment if you can provide the info that in say last 10 or 15 yrs when Bull Mkt has started and what were the triggers and why it busted. If we see any cycle then there's a reason to cheer for future.
Well above is not to extrapolate any relationship but to get comfort that bear run also passes away.
|
Posted By: dibyendu
Date Posted: 03/Feb/2009 at 9:14pm
| who says grand mothers have shorter life span? you must see one of those serials(Sash vi kavhi....). There grandmothers are a permanent fixture. |
Posted By: Azure
Date Posted: 26/Mar/2009 at 2:31pm
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Can anyone tell me with SOURCE... the TTM EPS of SENSEX and FY09e, and FY10e SENSEX EPS...
Please include relevent link... ------------- |
Posted By: Vivek Sukhani
Date Posted: 01/Apr/2009 at 5:52pm
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Time again for the Report Card for this quarter........!!!!!!! ------------- Jai Guru!!! |
Posted By: smartcat
Date Posted: 02/Apr/2009 at 5:48pm
| I volunteer to do it only when the Sensex is greater than or equal to 20,000! |
Posted By: Vivek Sukhani
Date Posted: 02/Apr/2009 at 5:52pm
You stay in the markets when index is at 20000+, and go on a holiday when it drops below that.......wonderful stunt.....entertaining to see, risky to emulate!!!!!!! ------------- Jai Guru!!! |
Posted By: anandgh
Date Posted: 21/Jun/2009 at 12:35pm
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am unable to post. Can someone tell me about Micro Technologies, its PE is just about 1x. and a good growth potential... ------------- AG |
Posted By: studentoflife
Date Posted: 24/Jun/2009 at 7:07pm
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You see if you actually book losses using stop losses of 25 -30 % half of the equity deks portfolios would be sold.
In my humble opinion we should book losses only if the underlying business scenario /cash flow situation has changed drastically/or we have a cheaper stock to buy/or you need money yourself.
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Posted By: Crimsonarcher
Date Posted: 09/Jul/2009 at 6:03pm
| Looking at the portfolio, it clearly shows that diworsification never works. What you might gain in one, you would lose in the other. So better to stick to a few stocks at good levels, and also get out if fundamentals deteriorate. I dumped good stocks like jindal steel and power and got into unitech and lost a lot of money in the crash. So i think there are different stocks for different seasons. So get in and out as seasons change!. |
Posted By: subu76
Date Posted: 09/Jul/2009 at 6:29pm
Anandgh, what is the basis of your conclusion on growth?
Does Micro Tech have some unique capabilities? It seems to be a reseller of products from Rad for the most part.
It's a net-net so the downside might be limited though.
Also very decent promoters who do stock buybacks and pay dividends.
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Posted By: rohit123
Date Posted: 27/Aug/2009 at 11:52pm
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This is my first post ,so Please forgive if i cross the line I am a newbee
This company is good , products majorly in the security domain -lost mobile ,..... But the concern is the demand needs to be picked up to even reach a respectabl P/e of 8 I have some qty ttl 3% in the same |
Posted By: subu76
Date Posted: 27/Aug/2009 at 1:18am
| Hi Rohit, How do you see the company doing going forward? Any updates from the management? |
Posted By: rohit123
Date Posted: 30/Aug/2009 at 5:47pm
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Subu Ji
I dont have any updates from Managemen , but for product per say -the products are for security which awareness & usage is low ,but if started which I feel will be there , But major growth will come only once Auto OEMs started installing their all their products a feature Any how their results are good 20 Crores to 290 crores sales in last 6 year ,EPS from 4 to 64 rs ,Reserves 190 Crore .mcap is 170 crore , so getting the company almost free with potential of future growth Semior Memembers , please correct my understanding of picking companies as I have just started lerning I hold 1 % of portfolio in the same |
Posted By: Hitesh Shah
Date Posted: 30/Aug/2009 at 6:14pm
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Try to mention the stock / company name in the post. ------------- |
Posted By: rohit123
Date Posted: 30/Aug/2009 at 11:54am
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Sorry Hitesh Ji
This is for Micro Technologies India |
Posted By: pinki_kotak
Date Posted: 01/Sep/2009 at 4:50pm
| SANGHI POLYESTER CMP Rs 3...The company is into manufacture of Polyester yarn with technology from Korea.The company is doing well with good growth with revenues of 400 crores.Its subsidiary Sanghi Spinners holds 2671 Acres of land near RAmoji Studio in hyderabad on which they are developing a multiproduct SEZ.This can be a huge multibagger..Also Mr.RadhaKishan Damani holds a 4.22 % stake through his company DAMANI ESTATES Pvt Ltd. |
Posted By: rohit123
Date Posted: 03/Sep/2009 at 12:09pm
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any more detals you have about the below company mentione
d |
Posted By: nikhil090
Date Posted: 03/Sep/2009 at 1:04am
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Management big suspect for Sanghi..They destroyed so much wealth in the last 15 years. It was almost an A group stock but now it is at Rs 3/sh.. Hardly inspiring.. |
Posted By: garun1980
Date Posted: 15/Nov/2010 at 5:26pm
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Bsantji - I see its been sometime since you graced the forum with a new multibagger :P!! ------------- Back in school!! |
Posted By: tigershark
Date Posted: 15/Nov/2010 at 6:44pm
------------- 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: garun1980
Date Posted: 15/Nov/2010 at 6:57pm
What's the value add? A potential multibagger! ------------- Back in school!! |
Posted By: garun1980
Date Posted: 15/Nov/2010 at 7:01pm
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Bsantji - I see its been sometime since you graced the forum with a potential multibagger :P!!
------------- Back in school!! |
Posted By: basant
Date Posted: 15/Nov/2010 at 7:57pm
I know but multibaggers are easier to locate in a bear market ------------- '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: garun1980
Date Posted: 15/Nov/2010 at 8:24pm
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ha ha basnatji that is humility :P..are you tracking coal india? it looks like something which could be a REC like stock. But if its like NTPC..roola dega :) ------------- Back in school!! |
Posted By: nav_1996
Date Posted: 15/Nov/2010 at 9:13pm
| I think it is best time to get into NTPC when all others stocks look pricey. Lot of capacities will come up in next 2 years. New ventures like coal mining and EPC JV with BHEL add to valuation in 2 years time frame. |
Posted By: basant
Date Posted: 15/Nov/2010 at 4:05am
I have mentioned that Coal India was only a listings gain play because of the demand supply mismatch! ------------- '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: bava
Date Posted: 23/Nov/2010 at 4:54pm
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hello basantji
please give some picks for investment purpose
bhavan
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Posted By: datta.supratik
Date Posted: 23/Nov/2010 at 5:46pm
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Hi Basantji,
Is the theequitydeskreport a set of stocks that we should follow?
I see this is a 2008 report card, do we have a similar set for 2010-2011 etc. (I am not sure if we are in with a different list) ?
I also would want to ask you that if we invest small quantities in the EqDskXI stocks at regular intervals, would that be a nice to invest instead of having so many stock in our portfolio and tracking each one?
I understand that they are not your recommendations but please put down your views.
I dont want to sound funny but if you were to start investing today, would you start with the equitydeskXI in equal proportion?
Thanks and Regards
Supatik
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Posted By: TCSer
Date Posted: 20/Dec/2010 at 8:16pm
Can NHPC also fall into the same category due to nearly 1400 MW capacity coming up in Year MARCH 12 & FURTHER 2800 mw BY March 13-14? Basantji & other Teddies can these stocks be the dark horses of 2011? |
Posted By: nav_1996
Date Posted: 20/Dec/2010 at 9:07pm
| Not sure. NHPC is running into lot of environmental issues and hence delays. SJVN is valued better. PE of 10 assumes almost no growth. But again this is more of safety with div yield of 3.5% rather than growth. Stick to NTPC if you are not finding value in market. |
Posted By: sac9377
Date Posted: 23/Jul/2011 at 1:08pm
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Sachin Sadashiv Divakar 35 [email protected] Satara-maharashtra B.E Electronics Analysist Guru's-Stock Market, Indian and American Politicians Life Guru-swami Vivekanand & Arya Chanakya Favorite quote - Fundamental's changes by Quarterly and Prices Tick by Tick Time Will not Change for you but You have to change with TIME |
Posted By: Ravenrage
Date Posted: 23/Jul/2011 at 1:14pm
Mr.Divakar , can you justify the relevance of the post ? |