Great Interaction at the Saturday Fundamental Equity Value vs Price Mumbai Workshop…we began at 9.30 am & concluded just before 8 pm,breaking just for Lunch ~ Lovely Ginger Tea was served & welcomed heartily thrice & tetrapak drinks once during the day during the interaction & presentation itself !
As expected the November 8,2016 Demonetisation Announcement & it’s immediate implementation & it’s continuing Impact on Equity Markets was debated for awhile on whether stated Objectives will be met or are they really any ulterior motives
Also briefly brought up was the ugly & messy ongoing tussle in the Tata Group to oust Cyrus Mistry as Chairman & also as Director from the Tata Companies he’s on Board & how will all of this impact Tata Companies Share Prices
We did cover quite a lot with the enthusiasm peaking while covering the Assets,Earnings & Market Relative & Absolute Valuation Basis to assess many Listed Companies,from Core to Penny Stocks to some in the news…. all at latest Friday December 2,2016 Prices
The Feedback has been very warm as were the participants as they had great fun in interacting with each other too ,especially when playing the Trust & Investment Games…..I’m sure they will vie with each other to buy out TCS at US $ 60 billion or more EV if Ratan Tata does really decide to influence the Board to plan to sell ! 🙂
Participant views on the Sensex Trend in the short term were interesting….a few had no view,a few expect sideways movement while one really enthusiastic & unmarried participant from out of town (he came again inside a few months for his second workshop with me) thinks it will crash to 13000 while a married participant was optimistic in stating it will regain 29000 in early 2017….we discussed this threadbare & whether Index Trend really mattered in Stock Selection….we also covered Passive Index Investing vs Active Investing
Yeah ! You Guys were real cool & am glad you’ll all left with some meaningful Insights than when you walked into the Workshop & have strengthened your confidence & conviction to apply them in Practice for serious Wealth Creation through Direct Equity
While all of you walked out with a Kit,Memento, & literally a Tin of ‘Sweet’ Memories,I was particularly impressed,when asked by me to decide, with your immediate & unanimous vote for the ones who walked away with the rewards for the best interaction
For those who missed this Workshop Action in Mumbai ,do let me know how keen you are & I shall repeat this in January 2017…have received requests to hold this also in Gujarat,Delhi,Dubai, Pune , Chennai,Indore,Bhopal & once again in Bangalore
Que Sera Sera 2017 !