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prashantmohta
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Quote prashantmohta Replybullet Posted: 28/Jun/2008 at 6:31pm
basantji i can imagine now that few years from now ted will become very valuable property.
but this time we all hope here that every teddy should have multibagger and its your onus.
i dont agree  and find no importance of your disclamiar.
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basant
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Quote basant Replybullet Posted: 28/Jun/2008 at 6:35pm
Originally posted by prashantmohta

i dont agree  and find no importance of your disclamiar.
 
What does this mean?
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Quote prashantmohta Replybullet Posted: 28/Jun/2008 at 6:44pm
means u cannot leave us alone.
at times we disturb u by call,e mail.
 
 
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bharti
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Quote bharti Replybullet Posted: 28/Jun/2008 at 7:06pm

Hi Basantji,

I agree with your learnings.
 
One safe haven to invest anytime in a bear market is Tata group of companies - we already have Titan and Voltas as favourites in our group which also satisfies the low PEG criteria.  And i have observed that most of the Tata companies bounce back smartly and if picked in bear market, they have one of the highest certainity of to gibe handsome returns.
 
If we are really in a bear market akin to 1992 or 2000( although I don't think we are in really..at least in heart if not in mind), then we should understand one thing:
NO price of a stock(irrespective of 'current' fundamentals)  is low enough that it cannot go low further.  Its not surprising to see stocks getting reduced to around 10-20% of value to their peaks.  Be prepared to see some companies getting reduced to sub-10 levels 'permanenetly', in case you are lucky that it doesn not close shop completely.
If we are really in a bear market, STOP Averaging. 
 
Even if you have identified next multi bagger, invest in very very small amounts spread ove a preiod of next six months to one year atleast. And always wait for coming quarter results to enter any counter.  Be prepared to see surprises even in best of best thought of companies.
 
Disclaimer - I am inveted in companies I talked about above.
 
Regards,
Vishal
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prashantmohta
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Quote prashantmohta Replybullet Posted: 28/Jun/2008 at 7:15pm
One safe haven to invest anytime in a bear market is Tata group of companies
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basantji do u agree with this because we have very bad experience with noel tata and ratan tata is busy with nano and tatas are basically in cyclicals.for growth investor is it advisable to invest in tata group because i find no fire in their belly.
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Quote bharti Replybullet Posted: 28/Jun/2008 at 7:28pm

Hi Prashant, 

Investment philosphy will remain the same with the same set of 'Basantji-philosphy'  filters beig applied always, if cyclicals are not considered good in bear market, then they should not be considered good in bull market also.
 
The point here is about finding finding highly certain companies which will show growth(atleast 25-30%) and which are least bound to show surprises in coming quarters(just because of bad management practices).  In that sense I find Titan and Volts most promising among TED recommended companies.. Its not that they will not go down further - see that nobody knows, but good strategy may be to spread our new investments in these over next say 6 months to take advantage of lower prices we we do see.  Remember, no-one can catch/predict the bottom when it will come and no-one will be able to tell when we will start moving up again...
 
Regards,
Vishal
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Quote basant Replybullet Posted: 28/Jun/2008 at 7:41pm
Originally posted by bharti

Hi Basantji,


I agree with your learnings.

 

One safe haven to invest anytime in a bear market is Tata group of companies - we already have Titan and Voltas as favourites in our group which also satisfies the low PEG criteria.  And i have observed that most of the Tata companies bounce back smartly and if picked in bear market, they have one of the highest certainity of to gibe handsome returns.

 

If we are really in a bear market akin to 1992 or 2000( although I don't think we are in really..at least in heart if not in mind), then we should understand one thing:

NO price of a stock(irrespective of 'current' fundamentals)  is low enough that it cannot go low further.  Its not surprising to see stocks getting reduced to around 10-20% of value to their peaks.  Be prepared to see some companies getting reduced to sub-10 levels 'permanenetly', in case you are lucky that it doesn not close shop completely.

If we are really in a bear market, STOP Averaging. 

 

Even if you have identified next multi bagger, invest in very very small amounts spread ove a preiod of next six months to one year atleast. And always wait for coming quarter results to enter any counter.  Be prepared to see surprises even in best of best thought of companies.

 

Disclaimer - I am inveted in companies I talked about above.

 

Regards,

Vishal


Bad business, dubious promoter with fire in the belly does not make a good combination.. There was tremendous fire in the belly of the promoters of companies like DSQ, HFCL in which many investors burnt themselves.

The risk of losing the shirt in a bid to find that elusive multibagger is very very high anyone who bought software (market leader) in 2000 knows this better.. What we buy i more important then at which price we buy.

Some stocks are already down 70% The biggest threat is that investors who have bought at higher levels will average out and the ones who have bought at lower levels will wait to sell at a targetted exit price which will be higher then the rally, especially in stocks which are supposed to sink further

Stocks, sectors and investors gets finished but markets stay for ever .

'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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prashantmohta
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Quote prashantmohta Replybullet Posted: 28/Jun/2008 at 7:48pm
Bad business, dubious promoter with fire in the belly does not make a good combination.. There was tremendous fire in the belly of the promoters of companies like DSQ, HFCL in which many investors burnt themselves
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i am very much confused.
then we have to pick the same businessess (old) but at good prices.but according to previous posts -----leaders of previous bull market will not perform.
 
confusing......confusing......
 
though its not my cup of tea.i will end now.
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