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  1. shabbir

    shabbir Administrator Staff Member

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    Nice lessons learned. Better to be learning now than later in life.
     
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  2. smuthukri

    smuthukri Member

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    good discussion , I had HDFC AMC which went 50% up in this volatile market .I am holding it will continue to hold it .
     
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  3. chaitanya_mella

    chaitanya_mella Contributor

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    Thanks Shabbir...

    I would like to quote two contrasting examples from my life as well.

    My Dad applied for ICICI Bank IPO in 1998. He purchased 100 shares of FV 10 at a premium of 24 (Rs. 34 per share). We still hold on to them (I purchased the shares from my Dad giving cash during the Chanda Kochhar sage). And that's over 20% CAGR.

    I was allotted 150 HDFC life shares during the IPO. I sold them few months ago at 412. Assumption was to pick it back up at 350 again. Never happened. It raced away and I don't have the shares anymore. Lesson learnt.

    So now I hold on to HDFC AMC shares with my life ;)
     
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  4. shabbir

    shabbir Administrator Staff Member

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    This is awesome share @chaitanya_mella

    This will help many to get to understand the power of long-term investing and showing the patience. Yes one may have some looser in the list but when you have done the due diligence, it is more likely to have winners than loser in a decade long worth of investing.

    I will also like to add like it it kinda tough to keep holding good companies for a very long time. I have shared it here ( https://shabbir.in/tough-hold-profits/ ) and I will re-iterate with one more example.

    Right now there are a lot of news about Pidilite and how it is overvalued. There are fund houses sharing the target in range of Rs 1100 where as stock was ruling around Rs. 1350. Quite tempting to sell but my view is, will it not rise again past 1300? And if I am convinced it will for sure in the next decade, let me just keep holding it.

    You have to have such conviction and patience. It is tough but investing books help you get that kinda patience.
     
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  5. chaitanya_mella

    chaitanya_mella Contributor

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    Recently there was a thread on twitter which said ITC share price was back to exactly where it was 5 years ago. Same was the case with few other companies too. This got me thinking. I did a small exercise and added few companies to a test portfolio in Valueresearch to check if it was even worth investing in them. However, the 5 year timeline was depressing to look at except for few companies. So I decided to go back by another 5 years.

    I added roughly a 1 lakh worth of shares with purchase price as on 17th September 2019. 15 companies in total. Some I own right now and some I track. The results were shocking to say the least. Even with companies that performed horribly over the last one-two years the CAGR is over 25% for a decade. That's an excellent return. I have only taken well known companies to keep the illustration simple. Thought it may seem this is all in the hindsight, it will help us understand that long term investment works best. So keep the faith, research well, and stay the course. That's what I intend to do.

    Dividends, splits, and bonuses have been accounted for. View attachment 1144 View attachment 1145
     
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  6. laveshdixit

    laveshdixit Member

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    Very nice moves by Take Solutions.. Up by almost 35% from bottom. I am invested at Rs 125 levels, though in small quantities.

    Reading their management views, they seem pretty confident of future growth.

    Regards
    LD

    Sent from my Nokia 6.1 Plus using DIY Technical Analysis mobile app
     
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  7. shabbir

    shabbir Administrator Staff Member

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    Is it possible to invest in stocks and use the income from dividend as a means to plan the retirement? Can any investor in his 30s or 40s plan his retirement with dividend income?

    Continue reading...
     
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  8. shabbir

    shabbir Administrator Staff Member

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    I will say you should focus on the fundamentals when considering to invest in such small companies more than the technicals. Start rising is better when considering technicals.
     
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  9. muraleekaushik

    muraleekaushik New Member

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    Dear Shabbir,
    Can we buy take solution now the stock starts moving up
    Your view
     
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  10. shabbir

    shabbir Administrator Staff Member

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    Penny stocks in India: Should one invest in penny stocks? How I invest in them? Remain invested in DHFL/Yes Bank/Jet Airways or they will become penny stocks soon?

    Continue reading...
     
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  11. shabbir

    shabbir Administrator Staff Member

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    Read the news and you will know. Management taking some bad decisions.
     
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  12. mohsin7006

    mohsin7006 New Member

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    Thank you very much sir for your timely help.
     
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  13. nirajshah

    nirajshah Champion

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  14. nirajshah

    nirajshah Champion

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    It is all in annual reports. Moreover reading annual reports of competition which I found in @shabbir's book. He shares a very commendable example.

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
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  15. nirajshah

    nirajshah Champion

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    I will add long term growth stories that aren't bothered in current turmoil. Will avoid news based investing

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
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  16. moiz_bhanpurawala

    moiz_bhanpurawala Member

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    Why the price price of yes bank has fallen?
    What is the main reason un like dhfl.

    Thanks
    Moiz bhanpurawala

    Sent from my SM-G610F using DIY Technical Analysis mobile app
     
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  17. mohsin7006

    mohsin7006 New Member

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    Dear Members, please tell me the process to calculate market share of any company. Name of any website where market share is given is also welcome..

    Sent from my Lenovo K33a42 using DIY Technical Analysis mobile app
     
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  18. shabbir

    shabbir Administrator Staff Member

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    Yes bank was the wrong stock you purchased but as already said, there is little to be doing it now.

    But my view is, we are not in a recession but we are in a slow growth phase. As we a re used to higher growth, valuations in India are higher and they are correcting. Now will the slow growth even slow further we can't say but government is doing what it was suppose to do. Because there are so many talks of job loss, people are skeptical to spending and that is the main problem. This is what I think.
     
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  19. moiz_bhanpurawala

    moiz_bhanpurawala Member

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    Thanks for your view.

    Do you thinking merging of 12 psu bank will help government to save this bank.

    Thanks
    Moiz Bhanpurawala


    Sent from my SM-G610F using DIY Technical Analysis mobile app
     
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  20. fbendish

    fbendish New Member

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    I am holding more than 5k of Yes Bank. There is nothing much we can do for Yes Bank. The stock has been hammered by news, news and more bad news. In fact what I feel is that there is nothing more bad can happen to the stock besides it dipping down to 40 levels. That would be the final bottom if it happens. Give some quarters and it will surely recover. It's not a dead Bank.

    I would not say we are in recession yet. We might enter one soon if sentiments don't change for good. But I don't see any positive news coming in the near future. Things have gone from bad to worst. Government intervention has not worked at all. In fact it has further spiked the negative sentiments.