Sunday, January 6, 2008

Price Performance Update Report

Dear Investors,

First of all let me wish you all a very happy, healthy and a prosperous new year. Despite all apprehensions, 2007 was again a historical year as far as Indian stock market is concerned. Because of the unprecedented rally in all mid caps & small caps during the last few weeks, we ended the year on quite a buoyant note. But will 2008 be as good as 2007 – only time will tell. Although lot of foreign inflow is expected to come in this year and market is touted to touch 30K, still it would be prudent to do profit booking at this juncture and play safe. I would advise you all to have a very stock specific approach and bet on only fundamentally strong & growing companies. So all the best to all you guys there. Have a rocking 2008.

And yeah… thanks to the ongoing euphoria in our bourses and India’s strong economic growth, my recommendations too have done extremely well. I have updated my price performance report for the recommendations made from Sept’04 till Dec’07. You can have a look under “My Track Record”. Just to give a brief idea, till now I have recommended 327 scrips and the summary of their performance is as follows

Appreciation

No of Scrips

More than 10x times

4 scrips

5x to 10x times

26 scrips

2x to 5x times

128 scrips

50% to 100%

86 scrips

25% to 50%

47 scrips

Upto 25%

36 scrips

TOTAL

327 scrips

To conclude, I still strongly believe “MARKET IS A SLAVE OF FUNDAMENTALS”.

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