Everyone of us someway or other come across an equity which destroyed our wealth .in search of multibagger we hit the wrong equity a Reverse mulitbagger . Due to our own biases and various perception we stick to the stock which at last result an huge loss .This is not the the company is fraud but the management does not care for either minority stack holders or does not have growth mind set .
It is important to avoid companies and management with absence of growth-mindset .Most of these are happy where they are; Prefer to wait for environment advantage as compare to theses select the companies with growth-mindset ,these companies can’t wait - they will ﬁnd ways to create growth environment for themselves.
MARG Limited is engaged in business of constructions and real estate development business. website : http://www.marggroup.com/marg-karaikalport.php and the companies Punch line is " SPIRIT OF VISIONEERING "
next is Balasore Alloys. The company is engaged in the manufacturing and mining of Ferro alloys. The Company is also engaged in the manufacturing and selling of Ferro Chrome of various grades.
Sector which destroyed most of the wealth is Metal and mining sector Metals/mining sector these lost the worst loser with 124 companies among wealth destroyers. The next one is PSU’s Like SAIL ,NTPC
Wealth distorting also mean missing the opportunity cost and inflation of the capital employed
so one must seek knowledge and well dive in to water to find the gem among the pool of many unsuccessful stories
People love share most promising story they like but we must also share the best opportunity rejection stories and why one has rejected the Most promising looking Like stories
Reason: To learn and share lesson from such entities i have collected a few charts and in due course we can analyse the reasons for those