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What companies I will not buy?

+4
smallville
Redbulls
Kumar
Slstock
8 posters

Go down  Message [Page 1 of 1]

1What companies  I will not buy?  Empty What companies I will not buy? Thu Mar 22, 2012 1:48 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Market has dropped over 30% from the top. Some shares corrected 60-80% from the top.

Some of us are still so worried about further market drops that can decimate us. Some people are thinking a bull is ahead. Some are thinking stabilization can happen around +-5000 to 5500/

Okay , let me ask something unusual then.

Even after these corrections, which shares will you not touch as an investment and why ( reason) even if they drop further 30-50% ? I am not talking about trading or short term profits. I am talking about investment given the current situation of the company.

Reasons could be
a) I see no future growth for several years
b) highly over valued
c) no clear goal or plan for the company
d) bad management
e) company might delist
f) company will go bankrupt
h) no dividends , no growth , no ... no ...
i) a+b
j) a+b+c
k) b+ e
l) all o the above

you get the idea.


Let me start off with examples

BINN :
No growth, overvalued, no plan, might bankrupt at some point


Again I remind you this is not for argument saying that these are illiquid and will give short term profit if bought at right price. I am talking about buying as Investment given the current situation of the company.

2What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 2:14 pm

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

You mention the facts.
Thanks slstock.

3What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 5:35 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Thanks slstock.

4What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 5:37 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

I can highlight PDL - Highly over valued, no plan. infact what this company does?

5What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 5:52 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

smallville wrote:I can highlight PDL - Highly over valued, no plan. infact what this company does?
Can you explain it more, how PDL is overvalued. Currently it's trading around PE ratio 10. Net asset value is around Rs 30/-. Company has regular income and they announced Rs 2.50 dividend in last February.

6What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 5:56 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

smallville wrote:I can highlight PDL - Highly over valued, no plan. infact what this company does?

Small are you talking about DPL or PDL?

7What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 5:58 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

slstock wrote:
smallville wrote:I can highlight PDL - Highly over valued, no plan. infact what this company does?

Small are you talking about DPL or PDL?
I assume, Small is talking about DPL!

8What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 8:16 pm

Dr.Bubble

Dr.Bubble
Senior Equity Analytic
Senior Equity Analytic

,buy whatever share which can give you even one cent of profits..

9What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 9:24 pm

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

The odds of winning will be much greater in Black jack or Rolloutte than in this SCAM exchange.

10What companies  I will not buy?  Empty Re: What companies I will not buy? Thu Mar 22, 2012 11:38 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Unless something happens unexpectedly, ( Ex a steep price hike, takeover bid etc) I would say LIOC is the least favourite share to my eyes
If i can remember correctly the IPO price was 27 and share price went up to mid 50s within few months. Since then it has been one of the worst performing counters @ CSE. Those days many of my friends made a small fortune thanks to LIOC but for most of them this was the 1st n last counter at CSE.

As an investment I would not even look at this counter.

We can consider shares like MIRA, MSL etc also as non performing companies but those companies have some trading potentials ( in a bullish market)

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