Teledata Informatics

My learnings from truth...

Posted by : skasera

To Bull 2008 and NRI Investor..

1. Regarding averaging: I brought Dena bank at 36, kept buying till 23, and start selling from 36, sold part, saw 100 and eventually sold at 55. So averaging is good, but most times it backfires. My father who is very old timer considers a period of 3-5 years with constant averaging to get very low cost price. As soon as some stock turn arounds over 5-10 year period, he sells them and brings those with very bad market condition (but good management). Some of his recent picks are textile stocks including Maral Overseas, Malwa Cotton, Indo Rama Synthetics, HPCL, etc. Some of his multibaggers (mostly exited by now) are JK lakshmi, Dalmia Cement, Orient paper, Guj Alkali, India Cement, etc. So averaging is good in a given long term horizon. During panic and extremely bad conditions, it is deadly.

2. I agree TD is not investment grade. If discussion on good bad and ugly is kept aside (many stocks have given 70% cuts but they do not deserve hatred), then single point of poor communication is reason to quit. But then we have entered at various levels from 16 to 66, Now the question is (going back to point 1) of averaging? Do we average at 7? And do we put more money to get back good money? The psychology factor as talked by Mr. Kundu? Point is when money is so short and when you hardly have shares to sell to buy TD, how can you get money to buy more TD?

To each his own.

CHEERS.

SEBI approved TTSL and will approve TMSL in next 7days

Posted by : googol

0708

This is put up in TDI website:

News Heading : SEBI has granted Relaxation under Rule 19(2)(b) of SCR(R) rules, 1957 for Listing of 14,58,34,540 shares of Teledata Technology Solutions Limited.
Date of Publish : Tuesday, October 07, 2008
News Description : Securities and Exchange Board of India vide its letter ref CFD/DIL/NB/VB/140063/2008 dt: 06.10.2008 has granted Relaxation from applicability of Rule 19(2)(b) of the Securities Contract (Regulation) Rules,1957 for Listing of 14,58,34,540 shares of Teledata Technology Solutions Ltd.


Good Luck!

My learnings from truth...

Posted by : Bull 2008

Dear Skasera

The biggest problem is to accept that I was wrong if we set aside our ego`s only than we can sell shares at respectable level of losses or profits. I know all decsions can`t be right but that is the risk.
Second if I lose in one share than why not shift to other good quality stock where visibility of growth is better.
Averaging in a falling market can be fatal.

Cheers

SEBI approved TTSL and will approve TMSL in next 7days

Posted by : high

dear All,

Today morning i was very disapponted to see the teledata at 8 Rs and i called up Teledata office and after long discussion he told that the SEBI has approved it yesterday and it is likely to publish Today. TMSL is also likely to be approve with next 7/8 days.

I am very happy to see the news at company site.

Thank God.
Have some more patience

Sahu

My learnings from truth...

Posted by : skasera

To Bull 2008 and NRI Investor..

1. Regarding averaging: I brought Dena bank at 36, kept buying till 23, and start selling from 36, sold part, saw 100 and eventually sold at 55. So averaging is good, but most times it backfires. My father who is very old timer considers a period of 3-5 years with constant averaging to get very low cost price. As soon as some stock turn arounds over 5-10 year period, he sells them and brings those with very bad market condition (but good management). Some of his recent picks are textile stocks including Maral Overseas, Malwa Cotton, Indo Rama Synthetics, HPCL, etc. Some of his multibaggers (mostly exited by now) are JK lakshmi, Dalmia Cement, Orient paper, Guj Alkali, India Cement, etc. So averaging is good in a given long term horizon. During panic and extremely bad conditions, it is deadly.

2. I agree TD is not investment grade. If discussion on good bad and ugly is kept aside (many stocks have given 70% cuts but they do not deserve hatred), then single point of poor communication is reason to quit. But then we have entered at various levels from 16 to 66, Now the question is (going back to point 1) of averaging? Do we average at 7? And do we put more money to get back good money? The psychology factor as talked by Mr. Kundu? Point is when money is so short and when you hardly have shares to sell to buy TD, how can you get money to buy more TD?

To each his own.

CHEERS.

Down Stock Market Loss too much how to recover huge loss

Posted by : pss5588

No sir not all learn. It takes guts. Someone pulling out in 2006 bec he was badly scarred made me take a plunge to see for myself whether i would be singed or scarred. I had not entered stock market till then . But i started with a small capital and have not done badly so far even in the present scenario mainly bec I was aware of and reading about subprime since early 2006 in outlook magazine and was therefore cautious throughout getting in and out and not staying too long for fear the subprime would pop out any minute. Once this is over or steady i will go long term but not now. My maximum holdings are in western india shipyard but average cost is almost nil due to frequent ins and outs.

Down Stock Market Loss too much how to recover huge loss

Posted by : vkk43

From the present weakness of the market, every new entrant will definitely learn so many things and he would be a little careful in his future strategy. Thanks.

My learnings from truth...

Posted by : Bull 2008

Dear skasera

The cost of educating self in markets are sometimes very bitter and painful. TD was never an investment grade stock and holding to such deliveries was the worst thing one could do in stock markets.
It was just that some boarder here with vested interested said all good things about the stock.

The worst thing in the markets is when you start to learn that potato`s are costier than stock that you are holding. This has happened even with the best of stocks like Tata Steel, unitech, Bharti, SAIL and may be many more but the difference is in the quality of your holding. Only quality stock can buck the trend and stand up tall but no one know`s the destiny of stocks like TD.
But as always better late than never.

Cheers

Down Stock Market Loss too much how to recover huge loss

Posted by : pss5588

TWO OLDIES TRYING TO SCORE A GOAL.

Life is indeed boring without the ups and downs justlike the MARKETS. Every jolt teaches a new lesson to the learner and steels him to face greater challenges ahead. goodnight vkkji.

My learnings from truth...

Posted by : skasera

Some boarders want words of encouragement. I cannot motivate but I can definitely share my views on stock market investments. (solely personal views and every one should take his/her own informed decision).

1. Book profits/losses at defined intervals/limits. [This financial year, I have booked small profits on all trades so far and that is tidy sum. What I did not do was book losses and there is heavy pile of losses ~50% portfolio]. Nonetheless, wherever I could book profit, I am better off as those shares are significantly lower now.

2. Dont be greedy. In 2008 Jan when some smart ones were exiting, I did borrow small sums of money from my relatives to invest. Needless to say most of that is now 1/3rd its value. Thus, in new financial year, I have still invested 25% of my savings in stocks yet invested also in PPF, pre-paid my loans, have nearly 0 credit card dues, paid all obligations till march 2009 towards my family members etc. Thus, savings till march 2009 can be systematically put in equitites provided I wish to do so and only small part is now put in equities has suffered losses.

3. Herd is not necessarily right. In deep periods of skepticism is money to be made. Only problem is that you cannot time the bottom. So, small amounts systematically is ok. No problem sitting in cash either.

4. Quality and size pays. Better to stay with quality and size. Small amounts can be put in stocks like TD. But not vice versa where you have only one stock and that is TD.

5. Dont average. One good thing I have done this year is not average. Because let us say I buy 1K TD at 30 and then buy 1K TD at 18, then even at 23, I have a loss. So, I may not sell. Better to buy some other share at low levels and when market rallies, sell that share.

6. Keep your costs and liabilities low. Always consider worst case scenario and see what can happen during that time. For such times, keep some buffer and optimize your living costs and have minimum liabilities.

7. Last but not the least, every experience in life teaches us something (even at monetary costs). What we should aim is

Down Stock Market Loss too much how to recover huge loss

Posted by : vkk43

There is one more -
IF THE WINTER COMES, CAN SPRING BE FAR BEHIND.

Down Stock Market Loss too much how to recover huge loss

Posted by : pss5588

Sorry sir saw this message after posting my lol message. Lets hope the grand old saying appears at the earliest..

THERE IS A SILVER LINING BEHIND EVERY DARK CLOUD. Cheers.

My learnings from truth...

Posted by : skasera

Some boarders want words of encouragement. I cannot motivate but I can definitely share my views on stock market investments. (solely personal views and every one should take his/her own informed decision).

1. Book profits/losses at defined intervals/limits. [This financial year, I have booked small profits on all trades so far and that is tidy sum. What I did not do was book losses and there is heavy pile of losses ~50% portfolio]. Nonetheless, wherever I could book profit, I am better off as those shares are significantly lower now.

2. Dont be greedy. In 2008 Jan when some smart ones were exiting, I did borrow small sums of money from my relatives to invest. Needless to say most of that is now 1/3rd its value. Thus, in new financial year, I have still invested 25% of my savings in stocks yet invested also in PPF, pre-paid my loans, have nearly 0 credit card dues, paid all obligations till march 2009 towards my family members etc. Thus, savings till march 2009 can be systematically put in equitites provided I wish to do so and only small part is now put in equities has suffered losses.

3. Herd is not necessarily right. In deep periods of skepticism is money to be made. Only problem is that you cannot time the bottom. So, small amounts systematically is ok. No problem sitting in cash either.

4. Quality and size pays. Better to stay with quality and size. Small amounts can be put in stocks like TD. But not vice versa where you have only one stock and that is TD.

5. Dont average. One good thing I have done this year is not average. Because let us say I buy 1K TD at 30 and then buy 1K TD at 18, then even at 23, I have a loss. So, I may not sell. Better to buy some other share at low levels and when market rallies, sell that share.

6. Keep your costs and liabilities low. Always consider worst case scenario and see what can happen during that time. For such times, keep some buffer and optimize your living costs and have minimum liabilities.

7. Last but not the least, every experience in life teaches us something (even at monetary costs). What we should aim is

Down Stock Market Loss too much how to recover huge loss

Posted by : googol

0703

Dear Prasanth,

I am really worried to see some of the `breakdown` messages here.
Human minds have to be handled with care and hence I make an appeal to all the senior boarders to reply to such messages and pass some words of cheer and encouragement.That would go a long way.We are passing thro` a very difficult time after almost a decade and it may take a few years to come back to normalcy.

Regards,

SEBI approved TTSL and will approve TMSL in next 7days

Posted by : high

Dear Sir,

Management are very clever. If they can keep the share undervalue for 2/3 years for there personal benifitas well as for there company than they can overvalued the share for many years to be in limelight in market also. Everybody want to be as big as reliance.They can(will) manipulate the share price definitly (After few days of listing). The share peice will improve that i know ( i am 100% sure also).Now there holding has increased in TTSL so listing may be in a price band of (40/- to 65/-).

When good things come in teledata, it will keep making u happy too.
Because:
After every UP there is a Down.
After a big UP there is a big Down also.

Have patience.

Sahu