Hi ValueGuyz what's up ? Today let's talk a little about transparency between a business & its shareholders jise finance ki bhasha main kehte hai 'Corporate Governance'.
India main mostly lala companies hai ya family firms hai jha sirf naam ki shareholding publicly bechi gayi hai.
Look at Reliance Industries Ltd, it is burning or experimenting with a minor amount of 1,50,000 Crore /- only with launching Jio Telecom services which may or may not be profitable in short/long term. Woh bhi by appointing his twin kids at a tender age 23 to board of directors. Agar yeh US hota to activist investors like Carl Icahn in harkaton ke wajah se kab ka Mr. Ambani ko company se hi vote out kar deta.
Gambling away with investors money.. kya baat hai Mr Ambani ji aren't you suppose to do Oil business ? Then what the hell are you doing gallivanting into Telecom space which is damn crowded already.
India is full of Lala businesses & Family firms who do whatever & whenever they want. They just vote out minority shareholders altogether every fucking time
India main chalta hai, now let's take up another business jo corporate governance ki maar kha rha hai stock market main.
This business was given as Value Pick value pick in November 2015 with lot of optimism on business front.
Original Value Pick link : Lycos Internet
Every other day I get a question on what's wrong with lycos internet & I revert back but with growing number of question I think it is important for valueguyz to know what's happening with this business. It is one hell of a lesson either way if you are invested in it or not.
Let's start with what's going right with it.
Clearly negatives are outweighing positives. This business has serious corporate governance issues which is all of a sudden.
If something is really wrong with Lycos Internet Ltd. & is clearly not reported before then its SEBI's , ROC's responsibility to check before publishing this in public domain.
I mean common isn't it a public company then howcome it can contain information from its investor & what about SEBI & NSE ?? Investor from all over the world trust these Institutions for ensuring corporate governance of listed companies.
Ab isme ek aam aadmi kya karega jab reporting hi wrong ho toh. This is a very sad state to be in for these institutions.
Numbers speak louder than words, take a look...
From Nov15 ---------------- > Oct16
From 30 ------------------- > 8
From Nov15 ---------------- > Oct16
From 95% ------------------- > 132%
What you witness above is a clear example of how valueguyz work. We are not some fly-by night pseudo class of value investors or Sattebaaj who throw in as soon as shit hits the fan but know our way around. Valueguyz.com wisely manages risk of investing.
I proudly manage more than 4 Cr grown from 1 Cr (approx.) in less than 4 yrs in a family-owned hedge fund using the exactly same techniques & picks which I share here at valueguyz.com
Even though Lycos has failed up to date yet VGEX got stronger is a beautiful thing. Doston ise kehte hai Intelligent Investing, I have developed VGEX in such manner that even though it constitutes all the value picks & premium value picks in it yet it is able to withstand unseen risk that Mr. Market throws at it. 1 more thing is that everything here at VGEX is transparent & open to you. Observer & learn.
Self-reliance is 1st human liberty. Trust yourself as a valueguy & wonderful things will start coming to you.
I am passionate about 3 things in my life Financial System, Fitness & Photography
I got introduced to Financial system through Forex Trading back in 2007 during my 3rd Year of Engineering & It was too complex yet magnificent. Officially I entered Indian Stock Market in early 2008 at the very beginning of Global Financial Crisis, but what the hell did I know for me it was the last semester & time to get serious about my passion ie, Counter Strike