Hope you are doing well.
In any business the businessman talks only about the positives, more so when interacting with potential customers.
This is especially true of stock recommendation services wherein most of the analysts highlight only the good recommendations.
However, as you may understand, investing in stocks isn’t a smooth ride. There are periods when stocks don’t perform, or there are times when one has to book losses in certain stocks. The same has happened with us as well and today we will share with you some of our biggest stock recommendation mistakes in terms of returns –
It’s a food processing company, virtually debt free, compounded profits at 20% + consistently, maintained returned ratios like ROE and ROCE at 20% +, doubled its market share in exports in its segment in the last 6-7 years and yet available at less than 7 times Pre-tax earnings.
You can get it along with other recommendations, by subscribing HERE
Our biggest stock recommendation mistakes
- Sanghvi Movers – Recommended in 2011
- Eros International – Recommended in 2013
- Vaibhav Global – Recommended in 2014
- GIC Housing – Recommended in 2016
- Tiger Logistics – Recommended in 2017
- Shemaroo – Recommended in 2018
- Mirza International – Recommended in 2018
You can find the entire list of stocks recommended by us and the gains/losses on each by clicking HERE or by clicking on the below image.
We did some number crunching on our recommendations and found that on an average 2 out of 10 recommended stocks have gone wrong and the average loss on the stocks that go wrong is around 27%
However, the good part is that 7-8 still go right and the average gains on those has been ~236%
Frankly speaking, no one wishes to incur loss on any investment; however, it’s practically impossible and based on our readings even the best of the investors make money on only 6-8 opportunities out of 10. What matters though is how soon you are able to cut your losses and how much money you make on your profitable ones.
Disclaimer: Out of the stocks mentioned above, we have an ongoing coverage on Shemaroo and I personally hold Vaibhav Global and Shemaroo.
SEBI Research Analyst Registration No. INH100001690
Research Analyst Details
Name: Ekansh Mittal Email Id: [email protected] Ph: +91 727 5050062
Details of Associate: Not Applicable
Analyst Certification: The Analyst certify (ies) that the views expressed herein accurately reflect his (their) personal view(s) about the subject security (ies) and issuer(s) and that no part of his (their) compensation was, is or will be directly or indirectly related to the specific recommendation(s) or views contained in this research report.
The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Ekansh Mittal/Mittal Consulting/Katalyst Wealth is not soliciting any action based upon it. This report is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person in any form. This document is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. Ekansh Mittal or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Neither Ekansh Mittal, nor its employees, agents nor representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. Ekansh Mittal/Mittal Consulting or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
The recipients of this report should rely on their own investigations. Ekansh Mittal/Mittal Consulting and/or its affiliates and/or employees may have interests/ positions, financial or otherwise in the securities mentioned in this report. Mittal Consulting has incorporated adequate disclosures in this document. This should, however, not be treated as endorsement of the views expressed in the report.
We submit that no material disciplinary action has been taken on Ekansh Mittal by any regulatory authority impacting Equity Research Analysis.
Disclaimer: You can access it here – LINK
Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company/companies and the nature of such financial interest – Yes, in Vaibhav Global and Shemaroo
Whether the research analyst or research entity or his associates or his relatives have actual/beneficial ownership of 1% or more securities of the subject company (at the end of the month immediately preceding the date of publication of the research report or date of the public appearance) – No
Whether the research analyst or research entity or his associate or his relative has any other material conflict of interest at the time of publication of the research report or at the time of public appearance – No
Whether it or its associates have received any compensation from the subject company in the past twelve months – No
Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past 12 months – No
Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether it or its associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided – No
Whether the research analyst has served as an officer, director or employee of the subject company – No
Whether the research analyst or research entity has been engaged in market making activity for the subject company – No