IndiaNivesh’s stock picks for 2014 have delivered a return between 29 to 124%. For 2015, they have short-listed ten stocks which they believe will deliver handsome gains to investors
In our note dated Dec 31, 2013 we had recommended 10 stocks to play in 2014. It gives me great pleasure that those stocks have delivered 29-124% returns taking into consideration our recommendation day price & target price given at that time. However returns are much higher if we consider the highest price these stocks have reached after our recommendation. I hope our esteemed investors would have benefitted from those recommendations. Continuing with our endeavor to provide timely advice to our investors with aim to achieve superior returns, we present yet another set of 10 stocks to invest for 2015. In our opinion these stocks have potential to yield high returns. Read on ensuing pages to know these winning ideas.
this report is classic india nivesh – completely wrong analysis of the return generated on their recommendations. I CHALLENGE them to prove me wrong.
On slide 6 they say “In our note dated Dec 31, 2013 we had recommended 10 stocks to play in 2014. It gives me great pleasure that those stocks have delivered 29-124% returns taking into consideration our recommendation day price & target price given at that time. However returns are much higher if we consider the highest price these stocks have reached after our recommendation”
Then on slide 40 the table shows “YTD returns” ranging from 29-124%. This is completely WRONG. They have calculated this return as the difference between their recommended price and the highest stock price during the year. It is NOT based on the actual price of the stock on Dec 30, 2014 which is the real YTD basis. For instance, they recommended reliance at 887 and the current price is 881. so their recommendation has led to a loss of 1%. However, they are showing it as a gain of 29% because the share price hit a high of 1143 during the year.
This is the worst form of misleading investors. Did they give a sell call on Reliance when it hit 1143? So how can they claim a return at that level?
Doesn’t YTD return mean return on the basis of recommended price on Dec 30 2013 and the actual market price on Dec 30, 2014? So why are they claiming the YTD return to be based on the highest price during the year.
On top of that, they claim on slide 6 that actual returns are higher if based on high price of the year? How is that possible? their YTD return calculation is already based on high price during the year.
So is this a case of shoddy analysis, typical of Indianivesh, or deliberate attempt to mislead investors? I would let the readers decide.
No better morons than these india nivesh guys as i have been saying again and again. They took ppl to cleaners with their recommendations and then claim success. No wonder ppl have stopped looking at their nivesh( vinash) ideas. They r crap.
Sebi should do something. They have guidelines for investment advisors. But they should have for brokers who recommend stocks on behalf of operators
Happy investing in 2015 and happy new year
I am surprised that Jain spent so much time looking at the report in detail. I can say he has wasted his time. One should skim through these reports and just forget about them.
True but mayb he was stuck buddy with some if the recommendations by these idiots. Let us form our own group of genuine investors and not rely on these morons
Happy investing in 2015 and happy new year
WARNING
Out of 10 IndiaNivesh recommends, they own 8 stocks. Check second last slide for mandatory disclosure.
Beware of Brokerage calls like this.