REVIEW - BLOGGING SINCE 2014

Dear Friends,

This blog was started on 15th October 2014.

The blog has completed 3 years now.

I thought this was a good time to check how things have fared since beginning of time.

So here is the latest review of everything that has been posted on the blog.

Total of 51 stocks have been posted on the blog so far.

Average returns at peak is 134.98% (Cumulatively all stocks rallied atleast 134.98% from blog post price)

Average returns at cmp is 71.13% (Cumulatively all stocks are still up by 71.13% from blog post price)

Top gains for a stock at peak was for NGL FINE-CHEM at 561.97% (Stock went from 71 to hit 470)

Top loss for a stock at cmp is Commex Technology at -81.7% (Stock went from 3.82 to 0.50, however in the blog post of Commex it was clearly mentioned that its a gamble)

Have always said, readers should book partial profits as per their comfort and try to get maximum gains in the long-term by holding FOC shares (Free Of Cost Shares) 

I hope readers are happy with the posts/write-ups on the blog. Keep reading!!

Thanks & Regards,
The Ace Investor

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BE VALUE SENSITIVE

BE VALUE SENSITIVE

First and foremost, This is no Doomsday forecast.
Just a view to exercise caution in markets since valuations are getting stretched.
Nifty is close to 10500 right now and;
This is no more a stock pickers market but a traders paradise.

When we say be value sensitive, a lot of people argue saying, XYZ is trading at 60 p/e because it is the market leader so it will sustain and 2025 will be great.

Understand the journey of a stock.
Lot of  small,mid & even large cap stocks having completed their cycles of over-valuations in the past were in the undervalued territory in 2013-2014. From there they rallied sharply. As of date, Lot of them are in the fairly valued or over valued territory. That is when Analysts start estimating earnings of 2020 and justifying the valuations or over-valuations. But, A stock can fall to the under-valued territory again as well, We can claim valuations are attractive considering 2025 earnings but then, Before the stock prices rallied, we had no good future? If the future was expected to be good then why the valuations were low?

Understand the cycle from Undervalued to Overvalued to Undervalued again.

So it can happen, there is nothing like, This stock won't correct because it is fairly valued, or say Asian Paints cannot correct from 60x P/E because 2020 numbers are expected to be good.

Btw: Saudi Arabia's ARAMCO the Oil major PSU is going for an IPO in 2018 and the issue size would be close to 100 billion usd, the largest ever in history and bigger than Alibaba's 25 billion usd and a Global listing on NYSE is being weighed right now. (Global Liquidity Sucker?)

This gyaan might seem pointless right now, Remember it when the fall starts :)

Prem Doshi
ACE Equities