Sandeep J. Shah- Sampriti Capital had once again accurately recommended investors to avoid NMDC IPO which was priced around 300. He also mentioned he would only consider it if it was priced between 200-250 levels. The stock hit a low of 255 on 10th June 10 after the IPO and is still trading around 260 levels. Investors who did not heed this advice would have lost money. Only if the IPO had been priced in his band would they have made some money. He mentioned that valuations did not make sense on most parameters and the stock was also trading at a premium to Sesa Goa which also was not warranted.The price target for the IPO is in a related video.
Incredible Success in Market timing
Since September 2008 when he re-started appearing in the media (for which there is documented video footage), perhaps nobody else has identified most of the Market turning points as he has.
He has identified almost all the turning points in the market since he started re-appearing in the media including the September 2008 high, the October, November and even the December low, the December 08 rally, the February 09 top, March 09 bottom and the big rally after that as well the July & November 09 bottom. He had also predicted the reason for a pre election rally before the elections in March 09 itself. He had said way back in November 08 that the bear market is over and the market rally bears testimony to that view.
He also predicted the Jan 10 correction and even the reasons for the same! Not to forget that he had accurately forecast the market high for all of 2009!
He was bullish on commodity stocks and various stocks/sectors way before the rest of the market turned bullish on them in March 09. In mid-May 09 he advocated focusing on mid-caps, in the last 12 months though the market has pretty much done nothing, select midcaps are up 100-400%. He was bearish on telecom stocks as way back in November 08 and those stocks have been the biggest underperformers in the market.
He had identified the sovereign debt crises and highlighted other countries would follow Dubai way back in October 2009. Again in Jan 2010 he highlighted that 15 other countries were also at risk. In April 2000 he again forecast a market selloff and strongly advocated reducing portfolio risk. He gave a sell call on commodities which corrected 25% compared to a 10% correction in the market in April-May 10.
He had given a Buy call on the Dollar index around 74 levels at a time when the consensus was bearish; it rose all the way up to 88.
Dynamic Opportunities Portfolio
Sampriti Capital invites investors to The Dynamic Opportunities Portfolio which focuses on taking advantage of both market volatility as well as long term secular market and stock movements,. Even medium/short term market/scrip movements are exploited. Therefore the portfolio is positioned as per the opportunity offered by the market which itself is dynamic or changing.
The Portfolio aims to make money regardless of whether the market trends up or down.
Portfolio Strategy:
Focus on absolute returns.
-Identifying opportunities for the portfolio where the underlying value is significantly different than the market price could be long or short opportunities.
-Buy/Sell ideas are held with short, medium or long-term perspective depending on the opportunity and market movements. Market opportunities tend to vary sometimes the opportunity is shorter term, sometimes - it's a bigger opportunity but more often than not markets tend to correct significantly in most 12 months time frames so the Portfolio will strive to make the most of these opportunities to sell high and buy low.
- Investment will be largely spread over large and mid cap stocks where the underlying value is significantly different than the market price.
-Hedging portfolio with derivative instruments to ensure portfolio is protected in case of market corrections... to minimize downside and taking aggressive cash calls including up to 100% of the portfolio.
Clients of Sampriti have in the last 3 years generated 100% + returns each year even in 2008-09 when the market was down 40%.
Sampriti Capital
Sampriti Capital is Financial Services firm, focusing on Investment Advisory & Wealth Management. Sampriti is a Sanskrit word meaning contentment and delight. The Endeavour of this organization is to ensure that all those who interact and work with our firm experience this- to help maximize returns of clients while managing associated risks. We advise on most asset classes like equity,debt,gold,currencies,etc.
Email:info@sampriti.in
Loading...
0:36
Sandeep J. Shah said focus on midcaps smallcaps since May 09 !.wmvby SampritiCapitalVideo64 views
Link to this comment:
All Comments (0)