Non performing stocks.

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Aug 15, 2015.

  1. good stocks

    good stocks Active Member

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    Don't know if Porinju is still holding... But the following are important holders of the stock.

    1

    Government of Singapore

    12,403,490

    4.2%

    2

    Shri Jhunjhunwala Rakesh Radheshyam

    9,500,000

    3.22%

    3

    Merrill Lynch Capital Markets Espana S.A.S.V

    8,214,149

    2.78%


    Total

    30,117,639

    10.21%
     
  2. Parin Gala

    Parin Gala A long term investor

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    Many realty stocks are trading at cheap valuations right now and can give multibagger returns once the recovery in realty sector happens.

    But unfortunately there is absolute unclarity as to whether the realty sector will turn around anytime soon. AnantRaj is a good bet if the sector revives.
     
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  3. w4wealth

    w4wealth Well-Known Member

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    he is bullish on dlf, unitech, oberoi, godrej, and also anantraj.
     
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  4. w4wealth

    w4wealth Well-Known Member

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    parin it will take 1-2 years for real estate sector to revive i think so.but it is worth keep buying good stocks at lower levels and wait to get the market valuation right.
     
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  5. w4wealth

    w4wealth Well-Known Member

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    sir the biggest problem is extremely high debt of these companies. avoid those companies.in bull markets every thing goes up to extreme levels. if we buy at that levels we will be trapped.

    in my opinion one way to avoid huge loss is, if we buy a stock at 100 rs in a bull market and it readily goes to 85, tht is 15% down cost price, then we should book losses without thinking much. then we should track the stock movement. then if it goes down to 60 levels or lower and you still think that the company has a good future ahead, then we can buy again at lowest price possible.
    this may not be practical for some people who are averse t book losses. then only way for them to avoid losses are to not to invest at all in high debt companies.
     
  6. Farhan Ghumra

    Farhan Ghumra Active Member

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    Anyone invested in National Buildings Construction Corporation Ltd (NBCC), a debt free realty company?
     
  7. Parin Gala

    Parin Gala A long term investor

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    The only positive about NBCC is that it is a preferred developer in case of many state Govts. The plans for slum eradication and slum re-development in many states will definitely benifit NBCC. Therefore visibility is quite strong unlike other players where they are totally at the mercy of the realty market conditions. Another positive is that it is debt free.

    However, the margins are very thin. Just around 6% or so. It is also not a default contractor to any state Govt or Centre Govt. Which means there is no 100% guarantee that it will get contracts for any project of any state or Centre Govt.

    It is a ''preferred'' developer not a ''default'' developer for any state Govt or for any project of Centre Govt. Not exactly a value buy at the current levels with the PE ratio north of 40.

    This is my personal opinion. Good Luck !!!
     
    Last edited: Dec 20, 2015
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  8. w4wealth

    w4wealth Well-Known Member

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    @kharb sir once debt goes up to uncomfortable levels , then there is no meaning is still holding the stock. sell stock next day and move on to other better companies.
     
  9. shakti khanduri

    shakti khanduri Active Member

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    @Mr Farhan Ghumra@Mr Parin Gala - I am positive on NBCC. All parameters attractive . Will prefer to buy below 800. Long term buy with moat.
     
    Last edited: Dec 21, 2015
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  10. kharb

    kharb Well-Known Member

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    I don't think NBCC needs to be discussed under threard non performing stocks,it has been performing in long term and has given good returns in past.Ramesh Damani might have made huge money in this as he has investment in this along with Sunderm Finiance .He has called Sunderm Finance as NBFC like HDFC bank 24 carrate gold .But he hold it since long.
     
    Last edited: Dec 21, 2015
  11. w4wealth

    w4wealth Well-Known Member

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    rel communication sells flats in mumbai for 330 cr.
     
  12. good stocks

    good stocks Active Member

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    Anantraj 38.30 NOW
     
  13. w4wealth

    w4wealth Well-Known Member

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    Reliance Industries (RIL) trades at around Rs 952 from a high of Rs 1,513 in January 2008. Anil’s companies are at a fraction of their highs. Reliance Infrastructure is around Rs 420, compared with Rs 2,584 in January 2008. Reliance Power is at Rs 48 from Rs 279 in February 2008. Reliance Communications slipped to Rs 76 from Rs 793 in January 2008. Reliance Capital is around Rs 389 from Rs 2,741 in January 2008.

    multi beggars
     
  14. Parin Gala

    Parin Gala A long term investor

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    Lol... ADAG group shares are undeperforming since the under listing of RPower.
     
  15. kharb

    kharb Well-Known Member

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    They were highly over priced and speculators has pumped them to unrealistic level in 2007.But after few setbacks and unrelated expansions resulted into huge debt and lower performance.Now group is slowly but surely coming out of mesh it created for itself and stocks has been beaten down out of shape.Now it seems is recovery time for ADAG and will continue in year 2016.
     
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  16. Parin Gala

    Parin Gala A long term investor

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    Out of the entire ADAG pack I find only Rel Cap worth looking into.. it looks better than the other ADAG companies and can create some returns
     
  17. w4wealth

    w4wealth Well-Known Member

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    sir i too have an similar opinion. anil ambani group is on a comeback mode. be ready.
     
  18. kharb

    kharb Well-Known Member

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    Situation folding as per my guess about 2 month back.Every thing is happening for Big Rel Jio play and good understanding between two brothers. Rel Jio need spectrum for roll out and RCom arranging for that.Year 2016 seems to be good for both Reliance groups,and both stocks are doing well from last quarter.I hope some of under performance will be covered by both brothers in 2016.More over now market is short of under priced ideas,what a co incidence to ride on by both Big Brothers.
     
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  19. good stocks

    good stocks Active Member

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    Anantraj @ 42.75
     
  20. good stocks

    good stocks Active Member

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    As we have started discussing ANANTRAJ as non performer, PORINJU RECOMMENDED this for investment with a TGT of 70
     
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