Sure Admin.
Happy to work on this. Will come up with the template and share with you.
Regards.
Sure Admin.
Happy to work on this. Will come up with the template and share with you.
Regards.
Good suggestion.
Like many places, at VP we like to give the ownership of good workable suggestion to the idea initiator.
a) Coming up with a reasonable idea initiation template where you are satisfied that there are multiple checks and balances - your job
b) You can then take the help of some VP Top Contributors to refine and present to Core Team
c) Meanwhile @pratyushmittal - please check feasibility of a pop-up/check mechanism that doesn't accept the initial post unless it has this filled-up template, or some other work-around of achieving the same
On approach from other Members: Some Patterns Newbies should watch out for
In a forum like VP, it is natural for members to reach out to each other. We admire the work of someone, we find complimentary strengths in each other, we want to seek advise on how to grow how to move to the next level, when we cant seem to be making much headway despite persistent efforts, and so on. Most of us have grown by seeking out each other!
So it is quite okay to have an open mind to approach from other members at the first level.
But post that, at the second level it is important to watch out for a few things:
a) Is it a genuine two-way interaction, sharing and learning?
b) If it is a phone interaction - how much time is spent on learning about you, your progress over the years, what are your big insights vs how much time is spent on the particular idea?
c) On the idea again - how much is a push down the throat, how much is genuine listening?
d) Does the guy talk too much - like 80% of the conversation is one-way?
e) How much of names dropping so and so HNI has invested? Insider knowledge?
I had this thought pass by my mind sometime back that what if somebody misuses this forum to promote their own agendas 'coz of popularity, credibility and reputation of this forum. That looks like has become a reality.
Any checks etc.,. that need to be put in place should be practically implementable. I don't have any such solution or check in mind at this point in time. But had below thought which might atleast make the quality of the thread being initiated better and may also provide more info to the readers.
We already have guidelines in place to initiate a thread. What I would like to suggest/propose is that a template should be created for all new stock stories to be initiated. Whenever a member wants to initiate a new stock story this template should pop up and it will be mandatory for the initiator to fill up this template. Some fields can be made optional in this template and some mandatory. The template for example can contain basic fields like current price, market cap, summary about company's business, etc.,., other fields like some financials & ratios etc.,. of the company (present and historical), risks/threats to the business (mandatory field with minimum say 3 or 5 risks to be stated). The more detailed the template more better it would be. For new and basic users all or more fileds can be mandatory and for seniors no such restrictions. I will try to give it a shot, pen my thoughts on this and share it later.
Some benefits of a template like above that I can think of are:
1. Lazy folks may be deterred 'coz of detailed template to initiate a thread just for the sake of it.
2. Any new story would give structured and more information especially to amateurs and new members who are not necessarily equipped to understand stock stories or don't have the discipline to not to follow each and every idea.
3. Template like this would help new members to improve their thought process in terms of what points need to be considered or stated as bare minimum and infact be an education for them.
4. Quality of stories initiated may improve.
5. Pushing hidden agendas behind glamorous words may become a bit difficult as template may bring in some objectivity.
I think it is a good thing to think about any ideas/suggestions etc.,. on the lines of bringing in more accountability, transparency, etc.,. to ensure that brand VP doesn't get diluted and the reputation and credibility of the forum is maintained and enhanced. I am happy to see this thread being initiated by admin.
Regards.
Here's why you should be investing in high-price stock - Abbott India. #HighPricePhobia
https://t.co/NS2NtZGAMz
— ET NOW (
@ETNOWlive
) November 5, 2015
Disclosure: Recency bias and may accumulate more
Giving rank by Senior VP members will entail its own problems.
It will at the end of the day be a subjective assessment and opinion.
Plus how many threads will these senior members go thru in an effort to give these ranks or marks.
As mentioned before most Senior VP members wont have the time or inclination to go through these companies. They would obviously have better things to do than read and research these things before giving out opinioins.
I think wherever any member feels that some kind of abuse of forum is going on he/she can flag the post to bring it to moderator attention and then action can be taken if needed.
In fact these kind of operations are ways for investors to educate themselves on how to avoid potential minefields. That is often as important as the search for multibaggers.
avanti results again are a mixed bag. bottomline great, topline flat
Total Income flat at 532 cr vs 531 cr y-on-y
Domestic sales up from 439 to 449 crores.
Exports down from 90 cr to 77 cr.
OP up from 51 to 60 crores.
NP up from 34 to 44 crores.
EPS up from 37.6 to 48.4
Half yearly eps at 98.73 per share.
Co looks to be on track to achieve EPS in the vicinity of 200 per share. (or nearabout)
Long term borrowing at 3 crores. Current investments at 111 crores and cash and equivalents at 13 crores.
Net cash balance sheet.
disc: invested and occupies more than 10 of PF.
http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/7BAA6E5A_D907_46ED_9448_89C66A3B88EC_175243.pdf
Q2 results are out
Flat topline
Good growth in NP 44cr vs 34 cr EPS 48.4 vs 37.6
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