Investing should bring peace and wealth. Peace of mind is very much imp for better thinking n avoiding bad decisions
Even if you are swing trader markets won't show any opportunity before 16800.
So lets focus on learning and mistakes. What went wrong ? How exposure you should take to a particular sector /stock ? Do some more analysis on your own. Don't do bottom fishing. Wait for revival and hold your existing positions
Read what management is guiding since they are giving their FY23 guidance
In terms of changes in portfolio, exit very poor companies and buy some tracking position with strong financials and business model.
Don't go for IPO/ High PE/ High Debt/ Low FCF/ High Valuation stocks
Read about sector / macros. There would be lot of changes in many industries in rate hike phase
Tatas are not going to stop their business expansion seeing daily price fluctuations, one Vijay Ji said
@AnilSinghvi_ on @ZeeBusiness has very simple advice (similar to our tagline) Read Business not stock prices, don't watch news, don't watch markets for few months
There will be time when Indian investors will become FII
Want to do bottom fishing ?
Invest in ETFs
Invest in tax saving mutual funds if you are in taxable bracket
This way you can invest for both long term via ELSS & short term via ETFs
Some charts & data which prefers investing over trading & think long-term
Always remember we don't have any trader who became billionaire out of trading. They became billionaires because they invest.
We are not against trading we are against uniformed & emotion based trading without any proper trade setup
Retail investors attracted to falling stocks rather than rising ones and accumulate more of these as prices fall. This can cause them to do badly, even in a bull market.
Don't catch falling knifes and always have limited exposure to a particular stock
On Dec 5, SEBI dropped a bombshell: an Interim Order cum Show Cause Notice against Mishtann Foods (MFL).
Here's a thread 🧵
Mishtann Foods is not just cooking rice, it's cooking its books.
#Redflags #corporategovernance #mishtannfoods
The Rise and the Red Flags 🚩
Market cap: ₹1600 Cr as of Dec 4, 2024(Before SEBI Order)
2 Lower Circuit of 20% in last 2 days
Public shareholders surged 800x in 6 years
(FY18: 516 → Sep 2024: 4.23 lakh)
Promoter Hitesh Patel sold ~3 Cr shares (₹50 Cr) in Jul-Aug 2024.
Before Analysing,
Some Suspicious Metrics 📊
₹1288 Cr sales with just ₹3 Cr in fixed assets (Asset T/O: 400x!)
Margins jumped from 2% to 28% in 4 yrs
Operating cash flow? Negative for 6 yrs
₹16 Cr inventory for ₹1288 Cr sales?
Just 5 permanent employees.
Before we move ahead, Beat The Street has been front runner in exposing multiple frauds, redflags and conducting forensic analysis on multiple listed entities
Also if you are looking for bespoke Forensic Analysis and Services please email us to contact@beatthestreet.in
We have doing it for free so that retail investors can learn
Please do consider taking our handle to a larger investor..!!
Fund Diversion
Beat The Street have raised multiple concerns on fund diversion at Varanium Cloud - some of those have been noted by even SEBI also.