In our country, there is lot of good companies, unfortunately, everyone else also knows how good they are and hence, most of the time, their stock prices carry a premium. So what does retail investor like you and I do? Do we pay the premium and cost average our way in? Nope. There is a better way! Equity markets will not always behave in a rational manner. On any given day, the news of the day will drive it up or down – sometimes there is no basis to it. We all know it – it has happened, it is happening, and it will continue to happen. As a long term investors, we always have patience on our side which we can use to our advantage.
Preparing for the Hunt
I haven’t talked to any tiger, but based on National Geographic and Discover Channels, I have noticed that a tiger would never just get up in the morning and go for a kill. Same way you should not attempt to purchase company stock unprepared. Here are few steps. Continue reading rest of this article…
Visaka Industries Limited (VISAKAIND) is a Hyderabad based company engaged in two businesses viz., Building Products and Textile Synthetic Yarn. Building products include cement asbestos, accessories, non-asbestos flat sheets – used in roofing material and interiors, V board panel made from cellulose fiber and inorganic silica binders. Textile Synthetic Yarn products include blends of polyester, viscose and related material sets – used in weaving of fabric. These yarn products are used in manufacture of shirting, suiting, fashion fabrics, upholstery and embroidery laces. Recently, Visaka has also entered in power generation, but it is not expected to have any impact on results for another few years.
Recent Comments