Buyers beware: Shalimar Paints trades at 85 PE

The stock in focus today is Shalimar Paints. A picture is often worth a thousand words. In our case, it could be worth thousands of dollars! Shalimar Paints is up 12% on Friday, May 12, 2017. The headlines at the top of the image below is dated 22 April, 2017. And the...

How you could have made 100% in 4 months!

On 17 November 2016, I wrote on this blog a post that discussed what we could learn from Rakesh Jhunjhunwala. Here is the link for that post: Rakesh Jhunjhunwala At the time you read the above post on Wavetimes.com, the stock was trading at 112.50. About a month...

Another trade that made over 30% for members

My approach to the financial markets is to be patient until the right opportunity comes along. Here is the most recent trade for members in India that made them more than 30%. On 20 February, I sent out an email to all members who had at least 1 unit in their account...

Piggy-Backing Billionaires

When I saw this Economic Times report that Ms Dolly Khanna (an Indian investor who has made several smart investments over the years, and earned the respect of the investing community) has added over 1% to her position in IFB Ind Ltd, I was curious. Having moved back...