Subscription and Recommendations -- our experience
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Printed Date: 20/Apr/2025 at 5:37pm
Topic: Subscription and Recommendations -- our experience
Posted By: hit2710
Subject: Subscription and Recommendations -- our experience
Date Posted: 27/Nov/2009 at 9:47am
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I have at various times subscribed or had experience to view various subscription sites.
I would like to have the views of other members on their experience -- good or bad regarding the recommendations. I will put forward my experiences: First of all when I was new to investing I had subscribed to 10paisa.com which now also has midcaps.in as their sister site. They charge around 2500 for 3-6 months according to their schemes. They provide you a list of 5 stocks with entry levels and exit levels with a time horizon of 2-3 months. It could be okay for the lay investor but along with recommendation, they provide an excel sheet with data regarding ratios, book value and last 3-4 yearly and quarterly results. They don't give any details about the business of the company or prospects etc. There is no write up along with recommendations. My experience was that when the markets went up their recommendations did well and when they went down, they failed. On their website, they give you a complete list of their hit recommendations with recommendation price and high after that. But there is no mention of flop recommendations. 
Another person I subscribed to was Sanjay Chhabria newsletter and he is good. He gives two recommendations per week with a good write up, entry and exit levels etc. But problem with his reco is there are not too much financial data along with the newsletter regarding debt/roe/outstanding warrants etc. Overall I would rate him as good. Before the market crash I had shared k r choksey recommendation site along with friends. They charge around 7500 per year for their bouquet of recommendations. I was not very impressed with the quality of the content for the amount they charged. Regarding recommendations from brokers, I find that indiainfoline.com has often come out with very good recommendations and these are few only so one does not have a flood of recommendations resulting in confusion about where to invest. Prabhudas liladhar research is also very good and they follow up their recommendations with good updates. Kotak also has good research for their clients. They also have some fixed recommendations according to sectors and they follow up with timely updates. I would like members to share their experiences so that the true picture emerges. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Replies:
Posted By: rapidriser
Date Posted: 27/Nov/2009 at 10:48am
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I get analysis and recommendations from Kotak and HSBC Investsmart. The ones by Kotak are quite detailed and useful. HSBC gives much less information. I have not really tracked the performance of their recommendations, because I prefer to use my own judgement. However, my impressin is that the HSBC recommendations have outperformed those of Kotak in the last one year. ------------- When all else is lost, the future still remains. - Christian Nestell Bovée |
Posted By: basant
Date Posted: 28/Nov/2009 at 12:53pm
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Anyone who recommends his picks for money isn't too sure himself why would he sell an idea with unlimited gain for a few thousand bucks. They are all trying to capitalize on investor ignorance! I am pretty much convinced that if one bets equally into all these recommendations then beating the sensex would be achallenge but then people are attracted by these names because they presume them to be guideposts whereas these are actually not worth the paper on which they are written. I feel (being biased obviously) that the stocks that we discuss at TED are far better then what these so called self styled analysts sell as their own big idea of the week. ------------- '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 |
Posted By: rapidriser
Date Posted: 28/Nov/2009 at 2:36pm
The past details and future projections of a company's financials that accompany the recommendations can save you from having to do a lot of work on MS-Excel.
Also it is sometimes useful to know the valuation techniques used by these institutions. Their recommednations can never become substitues for using your own judgement, but they can be used as aids to your decisions.
I fully agree that if either the analyst or his company really spot a brilliant investment opportunity, then why on earth would they sell it to their clients, when they can themselves profit enormously from it.
------------- When all else is lost, the future still remains. - Christian Nestell Bovée |
Posted By: hit2710
Date Posted: 28/Nov/2009 at 5:25pm
Basantji, I would like to agree with you but only upto a point. We can't generalize our opinion on all the analysts. I have seen Mr Chhabria's recommendations and followed them up during my subscription period also and found him to be accurate to the tune of almost 80% over a long period of time. I would like to share a small joke with you in this regard and you will get my point.
Once a teacher was asked a question: "What would you do if you were given all the property and money of Tatas and Birlas combined? He replied: "Unse bhi jyada amir banoonga. " On being asked how, he replied promptly, "Tution bhi to karoonga"
They might be investing themselves also but this subscription is a perpetual income which helps with monthly bills whereas subscription amount helps with making the reserves higher. Many analysts may not have too much capital to invest and at the same time may have to run the house and educate the kids, and then this helps them. In terms of business model, this is a low capex, low risk, high roe and scalable business model. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: hit2710
Date Posted: 28/Nov/2009 at 5:37pm
Best use of these recommendations is to get some stock ideas and then work on them yourselves and make decisions. I have many friends who don't have the time to look at the markets and still have lots of money to invest and who have burnt their fingers with PMS and MF schemes. It is these people who find it ideal. And if the analyst gets things right most of the time, then he gets a lot of customers. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: basant
Date Posted: 28/Nov/2009 at 6:15pm
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While I mean no harm to anyone but I strongly feel that if you are smart then you should be normally get reasonably rich. Now it will take some time for you to get there but with enough commonsense and intelligence it would take about 5-7 years in any market condition to become self dependent and reach a point where your money will work for you. Sometimes I think hard about why Buffett managed money and supposedly he did not he would still have been rich not the richest in the world. So it helps but only beyond a point and not upto it. If you think of that too hard maybe TED would not have existed also. 
------------- '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 |
Posted By: hit2710
Date Posted: 28/Nov/2009 at 6:43pm
I think the lure of perpetual income is too much for people. Believe me, the "the tuition bhi to karoonga" psychology is very rampant even with the moderately rich to very rich people. For other good at heart analysts, it is just like spreading your knowledge and helping people get richer, all the while getting richer themselves as well. But at the same time there are some subscription sites which are into manipulations of stocks, wherein they load up on stocks and then recommend it to the lay people to raise stock prices. The aim of this thread is to discuss in details all options available and the best and worst of them. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: rajnsharma
Date Posted: 28/Nov/2009 at 9:53pm
I agree with you Basantjee that the stock discussion at TED is much better and anybody who can spend some time can benefit from it. I have personally gained from TED and would like to thank you and other active members for their wonderful contribution. Having said that there are many people who are too busy with their job and don't have time for research. But they want to have a kick of having a stock portfolio, and hence these analysts come handy for them. But since I have found TED, I wouldn't like a to pay for such services. Whenever I don't have time and and am too busy with my job and I have some surplus cash...I go ahead and deploy in a TED Eleven stock. At least I am assured of above par market performance with this. Thanks to TED again. |
Posted By: nannu_68
Date Posted: 29/Nov/2009 at 12:24pm
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Its a question of passion for the job and thirst for knowledge!! People with passion will find time to gain more n more knowledge on the subject. a tip or recommendation from an analyst (with or without a motive) gives very little benefit to your knowledge base, towards becoming a prudent investor.
------------- nannu |
Posted By: Hitesh Shah
Date Posted: 29/Nov/2009 at 12:44pm
There was a suggestion to make TED paid. I will have to dig deep in the vault to come up with the link. ------------- |
Posted By: valuehunter
Date Posted: 29/Nov/2009 at 5:07pm
| Hi i just had a query-Is it possible that by recommending stocks the analysts try to boost the momentum in the stock and thus make an exit?? For e.g. they buy a stock for Rs 100, a week later they publish a favorable recommendation and it goes to 110 and they exit? |
Posted By: basant
Date Posted: 29/Nov/2009 at 5:45pm
Please start digging. You will be adequately compensated in case the eventual outcome comes out as desired! 
WHY NOT? ------------- '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 |
Posted By: hit2710
Date Posted: 29/Nov/2009 at 5:56pm
what u say is quite possible but it applies only in roaring bull markets and that applies to any "tips" floating around during those times. In falling markets and range bound markets, it usually falls flat and the person who tries it may also fall flat on his face. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: rajnsharma
Date Posted: 29/Nov/2009 at 8:06pm
You can follow your passion full time only when your portfolio is big enough to take care of your needs and you don't need a day job. Else you have to look for a job where you have enough time  But in theory I agree with you with the same rider as above
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Posted By: hit2710
Date Posted: 29/Nov/2009 at 9:49pm
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I think as a profession it is a good job helping make people rich and getting paid for it. Bottomline is one has to be good.
I have come across many good investors who have gone into portfolio management beginning with their friends and relatives and then branching out as full fledged business and one person I know who is quite knowledgable, is a CA, and has made a lot of money in stock markets, is doing portfolio management for almost 30-40 people and making good money out of it too. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: excel_monkey
Date Posted: 29/Nov/2009 at 10:57pm
Basant jee, one understands the effort involved in managing a site Many thanks for maintaining the quality and at the same time keeping it free 
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Posted By: nazgul
Date Posted: 29/Nov/2009 at 9:55am
I think it doesn't make good and secure sense for the economy or the social setup as well, to have a few concentrated holder of the riches. As i read in the Rich Dad, Poor Dad book, actual momentum of the economy comes good when the regular masses participate. The amount of participation per mass head is not of significance, but actual significance holds the fact that how many of the regular masses participate freely on the process of economic restructuring and streamlining, thus propelling growth. I am a firm believer that a society of big disparity in terms of money scatter leads to more problems than the one with a lesser disparity. In that effort some big people float open and free recommendations and advices. Well i cant expect RJ or RD to provide per personal portfolio suggestions, but i do respect their and above all BasantJi's and other senior member's efforts in this genuine way of giveback to the very society of investment sanctity from where they picked up something for themselves. IMHO its a very sacred effort and i also try to do my part, though a small one. Remember, quantity of the giveback holds no significance. Its just that we should. a small from everywhere makes up a lot for everyone. Well this is what i firmly feel and believe. ------------- I don't do funds, i do fundas. |
Posted By: wiseowl
Date Posted: 29/Nov/2009 at 10:48am
To give an illustration, this is something like "Shenaz Hussain". Selling cosmetics, running beauty parlours, but also conducting classes to make beauticians out of ordinary people. Diversification of income stream in a related area always helps the core business. In the context of the stock market, the most dangerous tips could be of the multibagger or rocket stock types. A detailed report would always help in taking an informed decision. ------------- You alone are responsible for your actions. |
Posted By: hit2710
Date Posted: 29/Nov/2009 at 10:58am
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Coming to the crux of the topic,
another website which is accessible to everyone with good recommendations and good detailed reports is ppfas.com. Parag parikh financial services. They are more into value investing kind of recommendations rather than momentum investing. ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: wiseowl
Date Posted: 30/Nov/2009 at 12:42pm
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My experience has been limited to publicly available reports available on http://www.myiris.com/shares/research/ - myiris , http://indiaearnings.moneycontrol.com/ - moneycontrol and http://www.valuenotes.com/valuenotes/contributor/contributor.asp?cap=5 - valuenotes . Sharekhan, PPFAS, IIFL, Enam bring out very informative reports. ------------- You alone are responsible for your actions. |
Posted By: padmania
Date Posted: 30/Nov/2009 at 8:14pm
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I have got some forwards by some in my mail box of some not-so famous analysts.
Most of his recommendations are in Z Group stocks and unknown companies. I guess this is a pump and dump strategy |