Guys, all those who want to protest against the BSE circuit filters can email at bse.surv@bseindia.com to voice your concern. Please be articulate about your concerns. We should let BSE know that how this kind of weekly/monthly/quarterly/yearly limits would eventually restrict the true price discovery of the stocks in a free and fair manner. Imagine, if we had these restrictions last year then what would have been the fate of waterbase,cupid etc which went up on back of its improving fundamentals and nothing else.
These kind of restrictions would also cheat the minority investors in case of takeovers as the true price discovery would be restricted.
On the face of the it looks as if BSE is trying to mask their real intention of increasing the trading volumes on their exchange by encouraging trading over investment. As a mark of personal protest, i am now executing trades on NSE for the stocks which are listed on both the exchanges. I know this would not make a difference to BSE volumes, but this is my bit of protest – apart from the email ofcourse.
I have already mailed the exchange voicing my strong protest against these price restrictions. I think it is for everyone to see that the stocks which meet those price points stay at those price points with so much artificial demand being made at the price that once the filters open the punters are “literally sure” to make money on upside. Still not sure how this is killing speculation. I never thought that a great exchange like BSE would come with such a primitive and brute-force solution in the name of “surveillance” . I hope BSE lives upto its reputation and revoke this ill-advised notice.
http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20150806-24
God Bless !!!
Great!
Thanks ACE,
I’m also spreading this mail I’d on mmb so that more & more investors will protest their voice to BSE.
ok.
Does it mean that stocks will have different prices on BSE & NSE?
No. Please go through the link specified.
Thank you for your efforts , I think we should file a PIL against this rule in court too I m ready to share the expenses
i dont think we need such drastic actions 🙂 .. hopefully a simple email would do. Moreover its not against law. Anyways, i have a lot of faith in BSE and people running it. Hopefully with a simple email, better sense would prevail.
Your view on SRS Ltd please
sorry not keen on it.
sir, when can we expect a new idea from you?
probably in a day or two i will try..
Ace bro not received an alert message for this post by mail.
I too have participated in this protest and mailed them. I request fellow readers of this blog who thinks this price circuit is injustice to small retail shareholders please mail bse. Let’s flood them with our mails.
ya, normally wordpress’s email notification takes a few hours to be delivered. not good i agree.
Good move sir
Hi ACE, I also sent a protest mail to BSE and hope they will consider these mail responses seriously. Please share your views on Asahi Songwon from business and management point of views.
average….
I have also mailed…Thanks!
I don’t understand why the protest it is good for investor. Why worry about daily price movement if stock is good Mr market give the fair value. Who r the trader need to price movement my view SEBI,BSE and NSE only protecting from speculator. Who is true investor never worry about this.
Thanks
Anil
because its capping the returns . stock market is the only place where massive wealth is created because downside is just 100% but potentially the upside is limited – in a short span too… more importantly, i am not asking people to protest, but just giving an id where people who wish to protest could write their concerns.
Hi Ace , Appreciate that u have put in the the action that needs to be done from our end and definitely its our responsibility to send at-least an email . However do u think SEBI/BSE folks bother to reply ? Isn’t it these things should be initiated by MF’s so they can reconsider the decision as they feel heat only through Big guns and not small ones like us ?
we should not expect them to reply. we should just voice our concern if any. also we are writing to BSE not SEBI.
hello friends, please help me understand. So ,BSE, being a responsible and prestige body under which we all trust our hard earned money, takes a decision that would not safeguard anyone that believes in it?
we should not blindly accept anything imposed on us but objectively analyze it. Moreover, its good if you or anyone else is fine with the decision. Once again, i am not asking people to protest but for people who have a concern , i have just put forth the email id.
Hi Ace,
I personally feel these circuits are good for retail investors and saves them from punters. And as far pricing is concerned it will eventually catch up with fundamentals although it will limit the gains to 600% max but prevents from manipulators.
Regards,
Vinay
just a correction, the limit of gains is just 400% not 600%…
Thanks for correction.
Sure will do
hi ace, any picks from textile sector currently or previously mentioned, also whats ur view on the sector in general
you can go though the blog to check the picks.
Suzloan buying back share @18 cmo 21.. whys ur view?
nothing much on this
Sir
Eagerly waiting for new pick..
We can call Yogendra Daxini at BSE on the following phone number: 022-2272 5092 and make our point known and also inquire what action is BSE taking on our emails.
that’s right..thanks. its also listed on the bottom of the link shared.
ace you have even shared the email! wow! exemplary work you are doing and I feel informed by the points you have mentioned there.
I was also told by my friend that in MCX they have a software wherein they jump to buy the contracts in case of circuits. then they offload the contracts after couple of days… every possibility it could be used here too when the stock opens for trade after a month… hence no end to speculation.
sent the email, many thanks.
dear ace sir,
how do u like PIRPHYTO , it runs 40% in 5-6 trading session . is that having so strength?,at cmp is advisable to buy.
it belongs to a wonderful group but beyond this i am not too keen on this name because it could have a lumpy and unpredictable earnings, which is beyond my interest to be honest.
Dear Ace,
I have just sent an email to BSE to re-consider the weekly/monthly/quarterly/yearly limits.
Thanks for sharing the details on this.
One question , is the Limit applied only in BSE for the stocks or also applied for NSE?
Thanks.
only for “BSE only” listed companies.
Thanks Ace.
In an interview to CNBC-TV18, Govardhan Dhoot, MD, Mangalam Drugs Organic says the company is looking to increase its stake in the company from 42 percent to 52 percent.
thanks for the update.
sir , i have mailed them that u have indirectly promote nse listing , recently lincon pharma done and in this way ur rule is just gong to ineffective. also u can loose business T.O
Hello Ace!
Do you track Haldyn Glass , please provide your views on this?
no change from previous opinion.
Dear ACEji,
Prima at all time high . I think its almost tripled .
Thanks a lot for this consistently moving up GEM .
Thanks & Regards,
Prashant
its had triple last month itself and there was a post on it.
Thanks for taking initiative.Previously PCAS now this .Seems Robots are taking decisions at BSE/NSE & SEBI. No application of mind.
Sir,
Gujarat Themis has hit upper circuit today. This was the only pharma stock you had recommended which was not participating in the rally. Great show, Sir.
good stocks sooner or later do realize their true potential
Hi Ace,
I too send email to bse.
ok
When new idea is coming now?
not sure.
Hi Ace,
Your inputs on PMC fincorp.
Thanks
sorry not interested.
Dear Ace… Gujarat Themis in UC today sir!
yes 🙂
sent mail to BSE. Thanks for creating awareness ace – sacbee
Hi ace thanks for gtbl and prima god bless u.. .btw have a doubt regarding aimco…although company’s bottomline is showing consistency now are u not worried about the declining sales ? Do u feel maybe management is focusing more on profitability at the moment than sales?
no not worried
Hi ace your view on manglam drugs it is continuing lc from last 6 days when to enter
that’s immaterial..it also went up one way from 86-442 and that also included around 13-14 UCs in a row.. this is all fine and part of stock movement
Dear Ace,
Kindly post your new idea which is listed both in NSE and BSE this time
Thanks and Regards
why ?
Dear Ace,
Because of BSE capping rules
does not matter.. .
I sent a detailed email to bse complaining about the new rule.. let us all bombard them with email and get the rule revoked in a month.. cheers
Dear Ace,
Requesting your highly valued opinion on B & A Ltd, Ruchira Papers, and Zuari Global . Are they worth buying? Is book value important while looking at a share or ….? Zuari has a lot of book value. Thanks man !!
Mr. George Philips
no change from previous opinion on all three.
hi ace, whats ur opinion on srei infra, vip industries, zicom and chambal fert.
all decent on declines for long term…
sir your views on shemaroo entertainment please.
not keen on it
Sir, Aimco back to the level’s from where it started.. Is it the right time to accumlate or should exit… Plesae guide… Really Confused.
atleast read the comments of the post before asking a query pls … just replied to a similar query
Hi ACE, Your views on Saksoft Ltd.
sorry, not interested in it.
—moderated—-
no links allowed.
i have also sent email to bse today.
ok
Hi sir,
Your views on Sankhya Infotec, Ujjas Energy and websol ?
https://aceinvestortrader.wordpress.com/2015/11/29/sankhya-infotech-defense-simulations-elearning-major/
Ace ji,Can we expecting a new gem before Xmas ?
not sure.
Hi ACE, what is the most important criteria for your stock selection with respect to management quality VS business? Which one you prefer among: very good business with average management and very good management with average business.
Regards,
Venu.
i wont rule out either one without looking at other things….anyways, that’s my own way and everyone should have their own investing styles.
Dear Ace,
Your View on Dlink & FRl ltd
not interested in either
Dear Ace,
What are your thoughts on Oriental Carbon
decent
sir, when is your new gem coming up.
not sure
sir your view on electro steel castings please.
not interested in it.
Thnaks..
Thnaks..