General Trading Chat

I study the fundamentals and also hear what the management says about the future...this is how I could catch HDFC twins for last 2-3 years, Bajaj Finance after hearing Sanjiv Bajaj on TV ...,Maruti after hearing RC Bhargava ,Eicher Motors after listening to Siddhartha Lal confidence about future.

Fundamentals are of course important but the management knows much more about the current environment. Here we are talking about clean and fair managements and not chor management. It helps to listen to good managements when they talk.

We cannot have opportunity of company visits and interaction with management like what Mutual Funds and high networth investors have so this is the best we can have and it certainly helps a lot.

Smart_trade
Da,

How to distinguish between good and Chor Management ....?

In case of very bluechip and one of the prominent IT company Satyam's management ...... Satyam's Raju ..... who had also got some golden peacock award .... turned out to be a Choron ka Sardar ......
 
But how to recognize whether they are just talking tigers or they are really working hard on their aspirations. Quiet often I have seen these CEO, CTO, CFO come on TV and play with words and some times don't answer the questions directly.
Honest management will not tell lies. When they are not confident ,they will tell you that there are issues or at worst they may avoid answering .When they are confident, their body language will reveal a lot.Take case of Bajaj Auto...I dont buy it because there are growth issues though management is good.Infosis,TCS ...all have growth issues.

Precondition of a good investment is clean and honest management with good corporate governance.

Smart_trade
 
Da,

How to distinguish between good and Chor Management ....?

In case of very bluechip and one of the prominent IT company Satyam's management ...... Satyam's Raju ..... who had also got some golden peacock award .... turned out to be a Choron ka Sardar ......
Here a portfolio approach works...spread your investment in 12-15 good management stocks with high growth...so even if 1-2 Rajus or Adanis or Agrawals ( nothing against any community) reduce your investment by 50 % others will make 200 % for you.

Smart_trade
 
ST ji remember i had talked about 3 shares which were yet to perform as per their true potential (the 2 HDFC twins and Reliance) about 2 months back. I had said that when they perform Nifty will not only surpass its all time high but go higher. Well it has happened Nifty is up more than 500 points from there.
Yes, HDFC twins I already had...added Reliance in my portfolio.

ST
 

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