As the name implies Incognito means hidden , is our category for Microcap/ Penny stocks.
In India accounts are prepared in accordance with Accounting Standards which now are merged with newly introduced Indian Accounting Standards ( Ind AS). Normally accounts are prepared based on the concept of historical cost. As a result the Assets , Investments etc are presented based on the Lower of Fair Value or Historical cost which has a huge impact on the fundamental value of the company. Land for instance will always be undervalued under this concept of historical price base accounting.
Although under this category the ideas presented do posses enormous value but have failed to deliver any meaning full returns. In fact this category has turned out to be failure in terms of the growth or returns since most of the ideas presented under this category have failed to deliver any meaning full returns.
This ideas are suggested for informational purpose only. Investing in this ideas could lead to complete loss of capital.