Prof. Sanjay Bakshi, the authority on value investing, is, to our good fortune, on a recommendation spree. His last “strong buy recommendation” was for the treatise “100 to 1 in the stock market” by Thomas W. Phelps.
Now, the Prof has sent out a recommendation for Katalyst Wealth, a stock advisory service run by ace stock picker, Ekansh Mittal.
The Prof gushed in a tweet:
@katalystwealth Ekansh is a very smart and ethical investor. I enjoy interacting with him and recommend his services.
— Sanjay Bakshi (@Sanjay__Bakshi) March 8, 2015
(@katalystwealth Ekansh is a very smart and ethical investor. I enjoy interacting with him and recommend his services.)
What appears to have impressed Prof. Bakshi is the consistent stellar performance by Katalyst Wealth.
When I last profiled it in September 2014, Katalyst Wealth had given a CAGR return of 55% in 30 months.
That impressive performance continues today according to the latest post at Katalyst Wealth’s blog which emphasizes that the CAGR return is now 57.7% in 36 months.
Some stellar stocks that Ekansh Mittal is credited with having recommended include Cera Sanitaryware, Atul Auto, Amara Raja, VST Tillers, CARE Ratings etc.
At this stage, you must note that there are a number of other stock advisory services run by ace stock pickers.
Some examples are Basant Maheshwari’s Basant Top 10, Siddharth Oberoi’s Prudent Equity, Deepak Agrawal’s Impetus Advisors, Ankur Shah’s VIIR, Alpha Inveso etc.
Jatin Khemani of Stalwart Advisors is a new entrant in the field, making waves with his stellar stock picks like Amrutanjan Health.
While these stock advisory services cost a pretty penny, they are well worth it because you are assured of homing in on winning stocks. Also, when things go wrong and markets go into a tailspin, it is comforting to know that there is someone knowledgeable you can look upto for guidance.
If you are not inclined to pay up, you can consider the free model portfolios released by brokerages from time to time. These are also prepared by knowledgeable persons with careful attention to detail. Sharekhan’s Model Portfolio, for instance, has a consistent record of out-performance. It has given a return of 432% over six years which works out to an impressive CAGR of 32.13%. Other reputed brokerages like ICICI-Direct, IndiaNivesh, IIFL, Edelweiss, Nirmal Bang, Ambit Capital, HDFC Sec etc also have a stellar track record with their Model Portfolios.
What about G. Chokkalingam ? why are his views not being featured ? I would rather use the money I pay to these advisers to invest myself and can provide good free advice
Are you Chokkalingam himself 😉
No he is Mrs Chokkalingam !!!!
I am neither….this is not funny…this blog is meant for information of retail investors..I am just suggesting that like other analysts the views of G.Chokkalingam should also be featured. ..as far these PMS are concerned I do not believe their lofty claims…and I hope that my success as a value investor would continue
At this point of time if you are making a portfolio make it Concentrated
1) Ashok leyland
2) green ply industries
3) suven life sciences
4) Sun pharma or Ipca(value preposition)
5) Icici Bank or Axis( In long run axis will under perform valuations are rich)
6) SKS micro finance
7) Cox and Kings
8) Infosys or Hcl Tech Or Hexaware
he is not choking at recommendations atleast
Out of all these I think I will buy SKS …others do not look convincing…SKS fundamentals are looking to be extremely good and the company is now maintaining very high standards of corporate governance….
1)Sks mainly operates in the state of undivided andra pradesh but as there were issue regarding the division of state the bussniess model was seroiusly hampered and the stock got hit from 1400 to under 100 now as the problem is cleared it is in the growth path and it is also focussing on the rest of india busniess and will not be surprised if it goes to its life time highs in two years.
2) Green ply rerating candidate because of dividion of laminate busniess and pick up of demand has both century ply and green ply in my portfolio
3) Ashok leyland a revival story will benift from demand in both LCV and MCV and also the rate cut
4) Suven life science is a fantastic busniess model into the research see whats going on with SPARC never ending story with so many patents
5) IPCA fantastic managment with some problems finding good companies with soleable problem can make a lok of money in 10 trading sessions will cross 800 and stabilize already given a breakout
6) Cox and Kings as on arrival visas are extended up to 86 countries will benifit the most
7)hexaware now in the right path from last quater showing good result mid cap IT is the flavour
8) ICICI under performed Axis due to NPA issues but it has peaked out and also the guidance was on the lower side because the want to lower the expectations will give good results value is good and financials will lead the bull run with rate cut
9) can also have a housing finance company but only on declines as all the companies valuations are stretched look for companies into financing low buget houses.
Sanjay Bkhashi i came to know from this blog only and from what i read he stand tall
whilst Eknash Mittal is a friend of mine and in capital market for 3 yrs here and another short duration at Hbj
but surprised He recommending Eknash a very junior guy…. where is sanjay and where is eknash and suprisingly in same field
I got between the lines
I give you one you give me two 🙂
IS SEBI NEW GUDIELINES PERMIT SOMEONE TO RECOMMEND SOME ELSE JUST BECOZ SOMEONE ” liked ” somones performance
?!!
1)Sks mainly operates in the state of undivided andra pradesh but as there were issue regarding the division of state the bussniess model was seroiusly hampered and the stock got hit from 1400 to under 100 now as the problem is cleared it is in the growth path and it is also focussing on the rest of india busniess and will not be surprised if it goes to its life time highs in two years.
2) Green ply rerating candidate because of dividion of laminate busniess and pick up of demand has both century ply and green ply in my portfolio
3) Ashok leyland a revival story will benift from demand in both LCV and MCV and also the rate cut
4) Suven life science is a fantastic busniess model into the research see whats going on with SPARC never ending story with so many patents
5) IPCA fantastic managment with some problems finding good companies with soleable problem can make a lok of money in 10 trading sessions will cross 800 and stabilize already given a breakout
6) Cox and Kings as on arrival visas are extended up to 86 countries will benifit the most
7)hexaware now in the right path from last quater showing good result mid cap IT is the flavour
8) ICICI under performed Axis due to NPA issues but it has peaked out and also the guidance was on the lower side because the want to lower the expectations will give good results value is good and financials will lead the bull run with rate cut
9) can also have a housing finance company but only on declines as all the companies valuations are stretched look for companies into financing low buget houses.
thx for your analysis…I want to buy many stocks but low on capital..:D
I think Dr. Bakshi can recommend the services because he is not running the PMS….the SEBI guidelines have more to do with individual stock recommendations, I believe…though I must clarify I do not have complete knowledge
@Adarsa
what is your email id
if cannot send thru this site send me email at jacobvacha@gmail.com
i will tell u something v interesting
regards
jm
Dear Jacob,
share with me too 😛 harshit.solanki@dnvgl.com
Other then few stocks recommended above I have invested in can fin homes too.
for some time I have been coufused between force motors and ashok leyland though.
Thanks
harshit