Monday 28 March 2016

Review 3.0 and Update About The Blog

Review 3.0
This post is a periodic review about all the stocks discussed on the blog.


Average return per stock at peak is around 125.40% and Average return per stock at CMP is 31.97%
This has been clocked from Oct 2014 till now in March 2016.

As for last update Review 2.0 on start of January 2016 the average return at cmp was 92.93%.
On this day the average return at cmp has crashed to 31.95%, Maybe because the euphoric small/mid cap bull market is over.

As i have posted on the blog many a times and followed that once a stock goes up by 60-70% trimming the holding to only free shares is safe and then taking a call when to book out fully would depend on industry/market trends.

Out of 23 Stocks 11 stocks went above 60%, meaning only free shares are left in SKM EGG, NGL, MINDTECK, VIDHI, SHILP GRAVURES, WATERBASE, PALRED, PINCON, AXISCADES, CAMPHOR and SAKSOFT.. Many of these stocks have multiplied much above initial 60% upside.
These 11 stocks rallied 234% on an average from discussed levels.

Out of 23 stocks discussed 12 stocks failed to go above 60% from price it was discussed.
That means full quantities of DYNEMIC, GUJ AUTO, RICHA IND, NARMADA GELATINE, PARNAX, SUNTECK, TALWALKARS, SMRUTHI ORGANICS, INDIAN TERRAIN, ARROW TEXTILES, ASSOCIATED ALCOHOL and A M D are still held on. 
These 12 stocks on an average are down: 23.52% from discussed levels.

The last 3 stocks discussed Arrow Textiles, Associated Alcohol and A M D have turned out to be bad.

It is true that investment wise, few weeks or months are not enough to judge a stocks performance.
But one cannot deny the fact that two (A M D , ARROW) out of last three stocks have been disastrous.

I can sense a discontent among readers about the last three stocks, Its like everyone was expecting a TENDULKAR but they turned out to be AFRIDI.

I am also disappointed about these three stocks, Not much for Associated but for Arrow and A M D.

Looking at the discontent, it is obvious the blog is loosing its charm.

Owing to this scenario we asked for suggestions from readers and received some very good suggestions.

We are implementing most suggestions of it from today: No more stock specific discussions every month unless something very special, no prior announcements of write-ups coming up, no posts during the market hours, new blog posts if at all about any stock to be posted only on weekends, Companies under 250 crore Market Cap would be ignored.

12 comments:

  1. Good rules Premji, hoping to see ur next good thoroughly researched and management discussed value pick soon like u used to do before in 2014 and 2015 and due to which retail investors were happy about having ur platform for stock research advise and investment purposes. Sticking ur rules of companies under 250 crore market cap being ignored is also a good thought but also instead a 100 crore or more market cap companies could be looked at as sometimes above 250 crores market cap would be trading at premium valuations or prices (due to demand) due to institutional interest in them. Trust u will consider this suggestion of above 100 crores market cap criteria so that maximum retail investors benefit from ur value picks instead of buying at higher valuations or higher prices and getting stuck in them for very long periods.

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  2. while short term downtrend is okay for the latest 3 picks, do you suggest holding on to these for say 12 months or just bite the bullet book loss and exit?

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  3. Should we now exit from amd and arrow .
    What is your view
    And I will suggest you to reply soon to keep this blog interesting

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    Replies
    1. I don't think anything fundamentally bad happened over the days/weeks in both these stocks... Investors shouldn't panic by such moves... Intraday volumes are pretty high for sure some are shorting it and pulling it down.

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    2. Hope, Arrow will be like Page industry within 5-6 years. In stock market we need patience, Discipline and confident. Example- PI Industry per share price was Rs. 0.50 in 2001-2002 but Now Rs-600. 1200 times more than Initial price. Be cool and wait for fruits. Tree can not grow with in short time. It takes 10 years-20 years to grow.

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  4. I don't see any negative about your blog.

    There are hundreds of people recommending so many things which also is going down. In long term, company with good fundamental only grows. The only thing is in market downturn, people become passive and look for more downturn to buy at lower levels. Whereas if there is boom, people will buy at any price..

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  5. Arrow Taxtile try to taking support at 200MA.. Let's See what will happen.

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  6. nice blog. good picks pls dont lose ur heart

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  7. Very true. Don't lose hope to seasonal people..

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  8. after takiing support on 200MA,
    Arrow Tex is up 7.46%

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  9. Hello,

    Wts ur view on MIC electronics?? Any stocks recommended by you is still in buy chart???

    Thanks

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  10. what about SKM egg product at the moment

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