I do not track Mangalam Worldwide for imvestment.
I track its results every half yearly (they have decent growth and are always further up in providing results).
I probably will not invest later also.
The experience has been good so far (there are ups and downs but it is greater in % terms).
I also got to learn that even if a company is good, they also should have some decent traction/ good investors. They give boost and new bases for share price until results go bad (I hold two shares in which Ashish Kacholia sir invested, and he invested in other one and after that it went to the skies. KMEW, Saakshi amd BEW).
There are several red flags which you habe carry with. Obviously less or null is the norm.
And promoters are everything. If promoters’ intention got bad, leaves or dies unfortunately, then it will be the biggest issues. (Eg: as far as I know Adeshwar Meditex’s promotet died unfortunately. I haven’t got in detail but the stock nosedived)
I think I have written points above which are roughly common points only in reading about any company and information is scarce in SME. (I am new in discussion and have little experience, so might not follow basic things as I keep on learning)
I hope this satisfies your question.
And I am trimming my SMEs little by little. Ever since I got to know about the portal, I started to lower my %. I cannot easily switch into cash in SME and there are several shares which I want to track for atleast March 24.
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