Aug 10, 2013 12:16 PM
41950 Views
(Updated Aug 10, 2013 12:16 PM)
I was looking for a web site which can give appropriate advice about buying and selling shares, in Indian markets. My time horizon was from 3 years to 12 years. Though there are brokers such as, 'sharekhan.com' and 'ICICIDirect.com'; which are prominent players in this area, their advice is at times more in the area of buying but they do not advise investors to sell the shares at appropriate time, thus missing an opportunity to sell shares at right time. Even though investment in shares should be from long term perspective, it is important to sell over priced (over valued) shares at some point in time.
After some more survey, I came across 'Equitymaster.com' which are into online space since around 1996. This web site is having an information and articles about Warren Buffet style of value investing, and there are few other sites as well similar to this. Since this is an independent equity research house, the opinions of buying and selling shares are mostly less biased and they seem to make an effort to keep investors informed throughout the investment period.
If you are looking for following parameters, for your investments, then this web site would assist you:
EPS, P/E and P/B ratio of the share.
ROE of the company for the past 5 to 10 years.
Margin of safety and right price to buy share.
Track record of the management.
Their flagship services such as 'StockSelect' and 'MidCapSelect' have high success rate as compared to 'ValuePro'. You should have patience to use these recommendations and should wait for 3-4 quarters to see whether these services are useful for you.
If you want to invest based on technical analysis, recent sector trends and inputs from brokers; then this site is not useful for you. There could be some issues such as, inconsistency in recommendations, and Hold and Sell signals in some cases, so you have to do your own research before taking any Buy/Sell decision apart from Equitymaster guidance.
We have to wait and see the success rate of ‘ValuePro’, which seems to be launched recently, and it may take 4-5 years to judge the success of this service. I would recommend this web site for only long term investors (3 to 10 years of horizon), and people who have time to do own study about the shares.
