I have 2000 shares of Indowind energy @ Rs.4.So what is your take on this stock ?...Please tell me about the future expectations of this stock ....Thank you.ask by Varun vijaywargi.
1.INDOWIND ENERGY LTD is a 10 rupee face value electric utility company.
2. Year high of INDOWIND ENERGY LTD is 4.68 and year low 2.10, you buying this stock just near his year high.
3.Promoters holding in INDOWIND ENERGY LTD is 38.01% and promoter increase their holding from 36.22 % so this is a good point but promoters pledged his 11.73% shares so high debt is negative for INDOWIND ENERGY LTD.
4.INDOWIND ENERGY LTD shown a major decline in revenue and profit in Dec 2013 results and many bulk deals also shown in INDOWIND ENERGY LTD so this is a concern for stock health.
5.Overall my view is negative for INDOWIND ENERGY LTD due to high debt, promoters pledged stocks, many bulk deals and major decline in revenues and profit.
6. I have no any share of INDOWIND ENERGY LTD.
Sir, I am in the U.S.A. (Chicago, Illinois) and I have read your book. I just started reading your blogs. They are very helpful. Since I am a new investor, some of your rules I don't quite understand because of the difference in the Indian market and the U.S. market. Please give me an example of what a "promoter" would mean or be in the U.S.A., and what a "bulk deal" would mean also. Thank you for your help. I am really excitied about your stock market theory.
ReplyDeleteaThompsonTrainer
Thank you sir for appreciating my work,
DeleteA corporate promoter (also "projector") is a person who solicits people to invest money into a corporation, usually when it is being formed. An investment banker, an underwriter, or a stock promoter may, wholly or in part, perform the role of a promoter. Promoters generally owe a duty of utmost good faith, so as to not mislead any potential investors, and disclose all material facts about the company's business.
promoter is a person who does the preliminary work incidental to the formation of company.
MEANING OF PROMOTERS'
promoter is a person who engaged in his formation of company. For example Bill gate is promoter of Microsoft and Promoter of facebook isMark Zuckerberg
Bulk deal means Major broker-dealers often provide “block trading” services--sometimes known as “upstairs trading desks”--to their institutional clients.[1] A block trade is a permissible, noncompetitive, privately negotiated transaction either at or exceeding an exchange determined minimum threshold quantity of shares, which is executed apart and away from the open outcry or electronic markets.[2] In the United States and Canada a block trade is usually at least 10,000 shares of a stock or $200,000 of bonds but in practice significantly larger.
Hope you understand , with Regards