Saturday, December 6, 2014

SEBI GUIDELINES

Dear Friends 

By now , many of you are aware about the new restrictions implemented by SEBI ( Read it HERE) . Based on this regulations , it seems no one can express his/her opinion about a stock through any public media without taking prior registration with SEBI .Only the following are exempted from the term 'Research Report' 
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(i) Comments on general trends in the securities market
(ii) Discussions on the broad based indices
(iii) Commentaries on economic, political or market conditions
(iv) Periodic reports or other communications prepared for unit holders
of mutual fund or alternative investment fund or clients of portfolio managers and investment advisers

(v) Internal communications that are not given to current or prospective
clients

(vi) Communications that constitute offer documents or prospectus that
are circulated as per regulations made by the Board

(vii) Statistical summaries of financial data of the companies

(viii) Technical analysis relating to the demand and supply in a sector or
the index
(ix) Any other communication which the Board may specify from time to
time
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Because of this reason , I am not in a position to openly express my views ( though I am neither  a research analyst nor claiming like that )   on any company  till some clarity emerges in this issue . Hence , from next third Saturday onwards only the Statistical summary of financial data of a company  I am holding will be posting here.Never take it as a recommendation for buying/selling  and I hope you will do own due diligence and reach own conclusions after your own study . You can also refer my Moneycontrol message board id ' valuepick' ( Link ). ( I think , like many others  ,I too can post there till they continue that  service) .Because of the above reason comments on stock specific queries too in this blog will be restricted from hereon and only  general queries will be answered .You can still contact me in my mail id valuepick100@gmail.com


84 comments :

  1. vp sir, today is first saturday of the month..any fiancial data for this week? We will do due diligenxe on our own with the fiancial data..thank you very much for the best service u have been doing all these yeara..hopw u will do the same in mmb..and eduvate thousanda or lacs of small investors like me..thank you sir

    ReplyDelete
    Replies
    1. In my last Sunday's posting about MIC , I clearly mentioned that there will be no posting on this Saturday due to confusion of SEBI rule and that was a preponed one originally scheduled for today

      Delete
  2. Thanks VP for the information.It is really great to know lot of information from your end. We will be in touch with you for your valuable inputs. Warm Regards, Veera

    ReplyDelete
  3. Dear sir,
    I heartily thanks you as I am in contact with hardly 3/4 months so thanks as you can carry on your blog with small investors so sir I heartily thanking you very much.

    ReplyDelete
  4. Dear VP,
    Many small investors like me surely would have got benefited from your recommendations. Thank You for all your help. I will miss your recommendations here for sure :) . I will surely refer your views in MMB.
    If it is OK, please share your email id.
    Thanks once again.
    Best wishes,
    Chandrashekara

    ReplyDelete
  5. VP ji..what if u post like .."I have bought this stick ..or I have bought MIC " sebi can't interfere I believe

    ReplyDelete
  6. Dear vp sir thanks for your frank openion as law abiding citizen .At the same time there no words to express your love and sincerrity for the common investors

    ReplyDelete
  7. Stocks discussed in this post are for educational purpose only and not recommendations to buy or sell. Please contact a certified investment adviser for your investment decisions. Please read disclaimer towards the end of blog.
    Disclaimer

    I am not an Investment advisor o and do not provide this service via this Blog. The stocks discussed on the blog and each post are for educational and discussion purposes only and are not recommendations to buy or sell stocks.
    I may or may not have a position in the stocks discussed on this blog. For any investment decision, please contact a certified investment advisor.

    ReplyDelete
  8. Dear vpji,
    I already registered on mmb but don't know how to communicate with you will u pl. Provide guideline if I want to know about your comments or want to post any query
    I would like to ask u one general question .what can be sunrise sectors for next 3-5 years which can generate return like software industry generated during 1990 - 2000. Infrastructure companies can be one of them but it is very difficult to analyze the balance sheet for small retail investors like us.need your expert advice.

    ReplyDelete
  9. Dear Sir,
    sir i think u can also post ur views on ur facebook page...

    thanx

    ReplyDelete
    Replies
    1. Waiting for some clarity on these matters

      Delete
  10. Dear VP, My luck is very bad and was always bad. I have come to know about you from GTS 7. Just got three reco. SKM and HMVL I have purchased and till now could not even enter MIC. When something good was about to happen in my life SEBI imposed restrictions.
    I hope you can be able to post a general statement about your earlier reco.
    As far as MMB is concerned I request you to follow me so that I get your feedback. My id is..... skdc14 .

    Thanks

    ReplyDelete
  11. Thank you VP sir, i came across your blog very recently. Its really a very useful for the beginners. I will contact through email for suggestions.
    Thank you very much sir

    ReplyDelete
  12. Hello VP i hope you will continue to post analysis about companies or sectors.

    ReplyDelete
    Replies
    1. You can still expect general views and comments

      Delete
  13. Sure VP sir.. We will contact you through email.

    Thanks
    Prakash K

    ReplyDelete
  14. I hope gts series doesn't stop.
    That's my only wish.

    ReplyDelete
  15. RECEIVED LOT OF MAILS TO CLARIFY MY MMB ID .

    IT IS 'Valuepick'

    and I have no relation with another Id named 'valuepicks-blog'

    ReplyDelete
  16. Dear sir thank you very much for the guidance. I have been following your blog since 2010, started investing in your reco from Kaveri seed with a seed amount of four lakhs which now stands at 25 lakhs. I am a small investor and had targeted to repay my home loan of 25 lakh. I shall be ever indebted to your selfless service. Thanks.

    ReplyDelete
    Replies
    1. No need of indebtedness , but happy to hear this

      Delete
    2. Really good to hear such comments

      Delete
  17. Sir i just start following your blog and hereing this news is very socking....
    now please help me i just started investing in A group of companies...
    i requesing you to please suggest me good scripts...

    ReplyDelete
  18. Dear VP Sir pls follow me on mmb.my id is navjotjyoty.heartiest thanks in advance.

    ReplyDelete
  19. Lots of people here claim that they benefit from your research as they research the stocks you recommend and then buy them. But I feel that there is a very small proportion that actually does research.

    I worked as a research analyst for a while and also invest in my personal portfolio. Your level of research just amazes me. I am curious to learn about your investment process. I realize you may not want to share the process but advice on how one should go about filtering stocks might actually benefit people like me who do their own research. In short, I'm hoping you might be able to guide us on what a good filtering process should contain, on how exactly do you do fundamental analysis. Do you maintain excel models? I know you talk to management of companies but any thoughts on this matter would help.

    I guess what I'm trying to say is I'm really keen to do my own research on a stock but often get stuck with a starting point on how to identify a list of stocks before actually doing in depth research. Your experience makes it easy for you to start but how did you approach the process when you started 24 years back?

    So my request to you is to please provide us with some insights and share your wealth of experience with us. I feel this would be a lot more beneficial to people who actually want to do their own research rather than those who blindly follow your recommendations.

    I hope you will publish this and also provide some answers. No guidelines can restrict you from sharing your thoughts on a process in this blog.

    Thank you in advance,

    Prakash Mehra

    ReplyDelete
    Replies
    1. Research methodology of each person may different . I always prefer to use a common sense based approach rather than depending equations , number crunching , technical jargons ..etc.On parameters of conventional equity research methodologies , this plain vanilla method may be termed as a third class one and the so called analysts community may argue this is not even eligible to called as 'Research' But from my past 20 + year experience , I strongly believe this is my way and it is not inferior to any other methods . But in some cases - not in return generation - this method may create problem . For Eg.Take the case of SEBI registration itself . They are asking for previously published research reports along with application for registration for any existing Research Analysts. But I am not a fool to believe that they will accept any report I published here are eligible to called as 'Research Report ' . Normally they expect a 5-10 page conventional type report with lot of number crunching ,technical data ..etc .etc which is not my cup of tea.

      My stock selection method is very simple . Look around us and find out emerging trends using our common sense . Follow promoters to understand their ability to grow if an opportunity exists and also understand their mentality towards minority share holders . Then combine all these factors and enter in such companies when the same available at attractive valuation compared with its future potential ( not based on its past performance alone ) . This is what I am trying to do.

      Delete
    2. Unbeatable reply sir
      Thanks for your suggestion

      Delete
  20. Thank you sir for still encouraging us to send mails to your personal ID to understand the companies better. Thanks for being a guiding light.

    ReplyDelete
  21. Dear sir,
    Pl. clearly tell me.that you from where continue your opinion here at this blog or money control site or any other site or else where so pl. sir kindly inform me in full details of your all blogs else where.

    ReplyDelete
    Replies
    1. I don't know why there is still confusion ?. As per new rules , lot of limitations to express BUY /SELL/Hold suggestions here .Hence only discussions or postings on general subjects will continue here and anything more than that may be possible in MMB still that platform exists.

      Delete
    2. This comment has been removed by the author.

      Delete
  22. VP I have two words for you, VP ROCKS.

    ReplyDelete
  23. sir,you promised to provide details to somebody through mmb id. how can i create one? i dont know .please guide me .Aravind

    ReplyDelete
    Replies
    1. I think many readers of this blog is experienced than me in MMB . Pls help Aravind

      Delete
    2. Dear Aravind
      Go to moneycontrol.com from the right side corner select register
      Enter your details
      That's it you are done

      Delete
  24. VP sir please follow me at MMB, my id is rajveersingh12345

    ReplyDelete
    Replies
    1. VP sir please follow me at MMB, my id is sandeepy007

      Delete
  25. sir, please follow me at mmb myid is sureshkapopara

    ReplyDelete
  26. VP sir please follow me at MMB, my id is GunnerRohan

    ReplyDelete
  27. VP sir please follow me at MMB, my id is nitin2448

    ReplyDelete
  28. Vp sir plz follow me in mmb my I'd is drmadhukarkt. Thank u

    ReplyDelete
  29. Could not find the above boarders

    ReplyDelete
  30. VP sir you can freely post on the blog, just do not post whether it is a buy or not, Just post the company's story, financial data and nothing else.

    Your followers are smart enough to understand the use of the post.

    ReplyDelete
  31. VP sir please follow me at MMB, my id is varunb11. Thanks

    ReplyDelete
  32. Dear VP Sir I have started following your blog recently. I was really astonished to see the love and affection the small investors have for you. I was moved by your patience and the politeness with which you have answered one contact who critisized you for posting only successful recommendations and leaving out others. I would like to maintain contacts wherever you are. Please follow me in MMB. My id is a.raje49

    ReplyDelete
  33. Sir please follow me on mmb my id is narikon
    Thank you

    ReplyDelete
  34. VP Sir plz follow me in MMB my id is g.k

    ReplyDelete
  35. Sir please follow me. My MMB id is mayur.pathrikar. Thank u..

    ReplyDelete
  36. Dear vp sir please follow me at mmb id is rajeevtrader

    ReplyDelete
  37. Dear VP Sir, can you please follow me in my MMB - samiyoo1978

    ReplyDelete
  38. My mmb I'd is sinujoseph. kindly follow sir

    ReplyDelete
  39. Please follow me, my mmb id is 'pankajkarole'

    ReplyDelete
  40. Vp ji please follow me in MMB @ Nellai Fin

    ReplyDelete
  41. Can you please follow me. My id is truth triumps on mmb

    ReplyDelete
  42. Respected VPji,Please follow me on MMB.My Id is V4VIKRAMAN.

    ReplyDelete
  43. hallo vpsirs please add me at mmb my id is rajesh2732

    ReplyDelete
  44. hallo vp sirji please add me in mmb my id is rajesh3227

    ReplyDelete
  45. Sir, your commonsense method as against data crunching method has got you more success and followers than the conventional research analysts. The commonsense approach appealed also to a lot of investors like us who could make more sense of it than we can from the chart filled research papers. We will miss your blog recommendations immensely. We are consoled however by the fact that we can follow you on MMB. Yet we harbour the hope that someday soon SEBI will reconsider its restrictions and relax them and you will be able to give full fledged recommendations in your earlier way.

    ReplyDelete
  46. VP sir plz follow my I'd on mmb (pardeepbhar).

    ReplyDelete
  47. Sir,pls follow me also in mmb. my id is sugam67

    ReplyDelete
  48. VP sir, Please follow me in MMB. My ID is rsuresh5000. thanks

    ReplyDelete
  49. Dear sir,

    I have one question regarding Bambino...you have suggested to book profit in this stock for low to avg risk takers.I suppose it means a full profit, right? Sometimes you tell to book partial profit...like sell 50% etc. On what basis do you come up with booking full or partial profit?

    Regards
    Narasimham

    ReplyDelete
    Replies
    1. Last quarter good performance was mainly due to a tax write back . Not expecting the same in coming quarter.

      Delete
    2. Thank you sir,

      So one of your strategies is when you don't see much growth happening in the immediate quarter...you sell it all?
      But if we come to polyplex like stocks even though they are flat or change by 10-20% for 1 -2 quarters also...they have a lot of scope for growth and we wait? Right sir?

      Becoz the same happened with Basant Agro too...it was there at INR 3-4 for a long time before it rose to INR 8-10...and we waited..

      Regards
      Narasimham

      Delete
  50. Vp sir ji please follow me at mmb my id is shrenuj73
    Thanks

    ReplyDelete
  51. Vp sir plz follow me in mmb my I'd is P02j16. Thank u

    ReplyDelete
  52. pls follow me sir....deepu...my id is shYrekhan

    ReplyDelete
  53. VP Sir,

    Please follow me my id is " maverick_ogra ".

    Thank you.

    ReplyDelete
  54. VP sir plz follow me at mmb, my id is sanj41

    ReplyDelete
  55. VP sir, Please follow me at MMB, my id is padman64. Thank you....

    ReplyDelete
  56. Could you please follow me my id in mmb cnvarma73

    ReplyDelete
  57. Hi VP sir, please follow me at MMB, my id is bodduvb. Thank you.

    ReplyDelete
  58. VP sir please follow me as well keerat2014

    ReplyDelete
  59. could not find the above nicknames in MMB

    ReplyDelete
  60. Sirji, I really thank you for your recommendation and you have made life of ppl following easier and richer. As you said you are not research analyst so the rules does not apply to you to express your views here on your blog. You can always use this platform to talk about company you believe in rather than gving buy or hold call.

    Is that not possible?

    We need your advice, thousands are following you.

    ReplyDelete
  61. Sir are you still going to continue in MMB...??

    Thanks,
    Ramish

    ReplyDelete

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