What so special about speciality paper

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by vineet, May 15, 2016.

  1. vineet

    vineet Active Member

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    Just going through bse site and found that Prabhakar Liladhar / Shriram credit /religare together hold more then 1.9crores of this small company. Any views about this company
     

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  2. vineet

    vineet Active Member

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    Read Prabhakar as Prabhudas Liladhar. thxs
     
  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Both are NBFC (Shriram and Religare) possibility is there they are holding as security for pledge. But worth studying company.
     
  4. vineet

    vineet Active Member

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    "I feel there's price for everything. If a company is doing well and has good future prospects, ethics andcorporate governance should not come in the way of your investments," said Veliyath, defending his investment strategy. "I don't keep any market cap limits nor do I believe there's value in buying big companies at obscene valuations," he said. "Illiquidity in a stock is fine by me. In fact, only because it's illiquid, these stocks have not grown in value," he added. Detractors dismiss Veliyath as a rash stock-picker with 'little regard for quality'.
    Just bcoz it's illiquid people don't get attention to such types of shares
     
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  5. vineet

    vineet Active Member

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    " Veliyath quips as an afterthought: "I don't buy a lot of great companies with clean balance sheet, honest management and clear business visibility. If you invest in such companies, even bank FDs would beat your portfolio returns."
     
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  6. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Strategy is good but special skill is reqd to buy such stock not everyone can do it.
     
  7. ssgeethan

    ssgeethan Member

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    He strategies are unique & to me, he takes risks like crazy ... He has lots of guts (and money) ... As rightly pointed out by Srouta Ji "not everyone can do it"
     
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  8. darth

    darth Active Member

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    He is right... For there arent any companies which fit this bill.
     
  9. Ajay Hooda

    Ajay Hooda New Member

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    Check out NR Aggarwal in speciality paper . Low valuation . @AlphaStreetIn #AlphaStreetView
     
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