Dear investors,
I hope you are all doing well. Today, I wanted to share my recent experience with you regarding my investment in SUNTV. After holding the stock for two years, I made the decision to exit at a price of @542, resulting in a modest profit of just 3%. During this period, I gained valuable insights that I would like to discuss with you.
When I initially invested in SUNTV, I was drawn to the fact that a single promoter held 75% of the shares, and the company seemed to be performing well with good financial results. However, over time, I started noticing significant changes in the media landscape, particularly with the rise of OTT (Over-the-Top) platforms and a decline in traditional TV engagement.
Considering these developments, I began to question whether there would be a substantial growth burst in the traditional TV industry. I must admit that I might be mistaken in my analysis, but I believe in Warren Buffet's wise advice, "If you do not feel confident enough in a business, then don't invest," because in such a case, one might struggle to handle any potential downsides of the stock.
Therefore, after careful consideration and evaluation of my own confidence in the stock and the industry's future, I ultimately decided to exit my investment in SUNTV. It was not an easy decision, but I believe it is essential to invest only in stocks and sectors that one feels confident in.
I wanted to share this experience with all of you as a reminder of the importance of understanding and believing in the businesses we invest in. While there are always risks in the market, having confidence in our investments can help us navigate the ups and downs more effectively.
As we continue our investment journeys, let's remember to stay informed, conduct thorough research, and trust our instincts. Investing is a continuous learning process, and by making informed decisions, we can strive for better outcomes.
Thank you for your time, and I wish you all successful and confident investing!
Best regards,
Dr AMAN
SUNTV 
