Add brightcom to it as well in this types of modus operandi. As mentioned, there were PW issued to many shady entities and sales rose and story of adtech, quantum and other rosy things were told to retailers and they bought in a whale in the form of SS!
Posts tagged Value Pickr
Mudit’s Portfolio (Stage Analysis + Relative Strength) (19-05-2024)
@KishoreVignesh
Actually I dont compare my returns from direct stocks with mutual funds. That wont be fair.
Right now to get new watch list of stocks, what I am following is Relative outperformance on trendlyne on weekly , monthly and quarterly basis. This will also give you an idea, about which sectors are becoming hot currently, so u can watch more stocks from same sectors. Once you get these names, see their chart, basic fundamentals , VCP for entry… This much currently I am following and trying to fine tune this process. If any member want to direct me in some more fine nuances, pls do it…I very much require it.
Mudit’s Portfolio (Stage Analysis + Relative Strength) (19-05-2024)
@KS16
Frankly speaking, from last 20 years of experience in mutual funds industry as ARN holder and Mutual Fund Distributor, I can tell you that, no AMC has a magic wand and everything boils down to 14-15% over a very long period. No matter how many times you jump from one AMC to another and one scheme to another, you wont be doing anything better. Funds which are today in top quartile will go in 2nd or 3rd or 4th quartile in next 2-3 years. So no need of any deep research into all this. If you expect retuns around 14-15% , and also want to preserve your capital by not taking very high and idiosyncratic risks that we retailers tend to do…better shortlist top 4-5 AMCs in country and invest in their main stream funds. They will not take too much risk but will not give more than 15% returns, and since its the prestige issue( atleast I tend to think so) they will try to give 1-2% extra than Index funds to justify their expense ratio.
If you want more returns than that, then you have to.invest in direct stocks and do all those things, that we all do on Valuepickr…sepearating wheat from chaff. Hopefully we dont accumulate too much Chaff.
Sterling & Wilson Solar Ltd. – Will the Sun Keep Shining? (19-05-2024)
Also this doesn’t include Reliance or Nigeria orders. If those come it would change these numbers.
Mudit’s Portfolio (Stage Analysis + Relative Strength) (19-05-2024)
@RohitNarayanam I agree with you. When stock price runs very fast, there is a large gap between 30 week EMA and current price, sometimes more than 25% , as you have observed.
Earlier I used to think, that profit belongs to market and initial Investment is mine. So If my profit erodes by lets say 25% , I should not become uncomfortable, but if my purchase price erodes by 25% , I should become sad, BUT thats a wrong preception. Profit too belong to me very much. Everyday Market value of my Portfolio is my Everyday Purchase price .So I have to protect my profit just like I would protect my own investment.
So as You have said, if I wait for 30 week EMA , for sell trigger then I would be losing 25% of current value, which should not be tolerable. Some of my VP friends have suggested me, not to keep 30 week EMA as threshold, but to lower it, may be 30 days EMA breach should trigger selling of half of my position. I would very much like to request your opinion on this too. Sometimes my entry has been very late. Instead of VCP or nearby, i have bought very faar from 30 week EMA too. In that also ,i am currently under work-in-process selling mechanism. As far as Polycab and KEI together amounting to 32%, that was , as I mentioned earlier, due to twofold reasons : Due to transfer of funds from direct stocks to mutual funds portfolio and also they have doubled from my purchase price. As retail investors, we have this luxury of putting high amount in particular sectors or companies, which public fund managers dont have. We can exploit this in our favour. But we need to be on our toes, and first to sell, when tide turns.
Ujjivan Financial – Small Finance Bank (19-05-2024)
one query regarding dividend declared by USFB. are shareholders of UFS eligible to receive dividend considering merger process is ongoing?
My Investment Journey & Philosophy (19-05-2024)
PSU Banks will grow more going forward, no long term call can be taken in a cyclical sector. Chemical has its own problems, Pharma has delivered muted returns over last 10-12 years.
Malkd’s Core Portfolio (18-05-2024)
Hi…Sorry for Barging but heard a phrase from one of the friend regarding the Kotak issue.
He said and I Quote “You need to determine whether Kotak Bank is suffering from Fever or Cancer. If you get that , you will get it”
My Investment Journey & Philosophy (18-05-2024)
Hii ,
One main thing which matters is how long you want to hold the businesses you are investing in. You need to be very clear whether you are investing in Business or in Stock Price. Are you more inclined towards momentum investing or more towards value Investing. You said you started investing in 2021 with a simple approach to accumulate stocks and now judging performance in just 3 Years.
If your Horizon is long , short term fluctuations hardly matter.
Also you can diversify into some Pvt Banks , Lenders as for India to Grow , these companies need to grow. Some stocks from Chemicals , Pharma Space can also be added. Also does not understood your rational to sell Infosys. It gives an exposure to IT Sector which very well balances the overall portfolio and is available at decent valuations. No recommendations.