Shankar Sharma | Vijay Kedia | Sanjiv Bhasin: Tweet Buster: Vijay Kedia warns against ‘Bhangar Cap’ stocks; don’t dump IPOs on listing day
In this edition of Tweet Buster, we discover gems from some of the best investors on Dalal Street and elsewhere to help you navigate a volatile market so that you don’t lose sight of your long-term wealth creation goal.
What’s in the offing?
Robert Kiyosaki, author of the popular book ‘
Rich Dad, Poor Dad‘, warned that the biggest bubble in world history is getting bigger. “Biggest crash in world history coming. Buying more gold and silver. Waiting for Bitcoin to drop to $24 k. Crashes best time to get rich.”
Biggest bubble in world history getting bigger. Biggest crash in world history coming. Buying more gold and silver.… https://t.co/J3ESswwTuQ
— therealkiyosaki (@theRealKiyosaki) 1624066550000
PMS Funda
PMS fund manager Shankar Sharma said investors must always insist on knowing how much money the PMS fund manager has made himself in his personal investing career. He also said PMS fund managers who do not charge performance fees should be avoided at all costs.
Always insist on knowing how much money the PMS Fund Manager has made himself, in his personal investing career.… https://t.co/e1CqUJh1wu
— Shankar Sharma (@1shankarsharma) 1623737005000
A PMS Fund Manager who DOESN’T charge Performance Fees, is to be avoided at all costs: if he himself has no confide… https://t.co/zS9i6aeVqq
— Shankar Sharma (@1shankarsharma) 1623564288000
‘Bhangar Cap’
Maverick value investor Vijay Kedia asked investors to be careful in good times as more than 4,000 out of 5,000 stocks fit in the category of being “Bhangar Cap”.
There is large cap, mid cap, small cap. There is also “BHANGAAR CAP” . More than 4000 out of 5000 cos fit in that c… https://t.co/abLAWt27EC
— Vijay Kedia (@VijayKedia1) 1623990096000
Beyond Listing Day
Radhika Gupta of Edelweiss Mutual Fund said buying every IPO for listing day gains doesn’t work as in good quality companies, there is money to be made after listing.
Buying every IPO for listing day gains doesn’t work. Selection matters. And in the good issues, there is money t… https://t.co/pXERBCRFwD
— Radhika Gupta (@iRadhikaGupta) 1623817414000
Excessive leverage kills
PMS fund manager Basant Maheshwari said markets do not fall on over-valuation but on participation and excessive leverage.
Markets do not fall on over-valuation but they fall on participation and excessive leverage. Nifty should looks fin… https://t.co/MZM4IAADe4
— Basant Maheshwari (@BMTheEquityDesk) 1624160227000
BUY call
Sanjiv Bhasin of IIF Securities gave a buy call on HDFC with a target price of Rs 3,000 by the year-end.
Very positive for HDFC,BUY for target 3000 by year endHDFC Bank to buy stake worth over Rs 1,906 crore in group’s… https://t.co/82OG0pm3Um
— sanjiv (@sanjiv_bhasin) 1624157456000
Warning Sign
Independent market expert Sandip Sabharwal warned that this could be the time to take the reverse trade.
There comes a time in everyBull and Bear MarketWhen the only justification left for a one way move in stock price… https://t.co/UF64DKeZbW
— sandip sabharwal (@sandipsabharwal) 1624125658000
IPO Bubble
Sabharwal said venture capital and private equity investors are desperate to convert more and more of their investee companies into unicorns and then palm them off to other large companies or IPO them out to retail and mutual funds investors as valuations become unsustainable.
Venture Capital and Private Equity investors are desperate to convert more and more of their investee companies int… https://t.co/2w3MKh8BqX
— sandip sabharwal (@sandipsabharwal) 1624104168000
