Would like some feedback regarding my Portfolio

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by karan.vazirani, Apr 19, 2015.

  1. karan.vazirani

    karan.vazirani New Member

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    Hi,
    Guys im a newbie to the world of stock market.

    Would love some views/comments on my portfolio.

    Just a small background :

    Since this is my first year in the market, my portfolio is very diversified. I plan to keep it diversified but with much more consolidation. I have a good appetite for risk. I prefer high risk high returns. Dont like the banking sector much. Actively Trade in the market. First year has been good. Managed to pick PTC Fin @ 27 & Shreyas Shipping @ 85 levels. Also, made some terrible calls in Bajaj Hindusthan and Renuka Sugars. Not afraid of risks. Any advise/ critique would help.... Thanks in advance ! Cheers :)



    Current Holdings :

    PTC Financial Services - 13 %
    United Bank of India - 2% (Unsure about holding further)
    Mannapuram - 1.7%
    Renuka Sugar - 2% ( Plan to exit @ loss)
    Fluidomat - 2.98%
    Wonderla - 2.3%
    TexmoPipes- 6.70%
    Neo Corp - 0.02% ( Plan to increase stake, waiting for a right entry price)
    Excel Industries- 4.95%
    Lycos Internet - 7.46%
    Amtek Auto - 1.8% (Unsure about holding further)
    GSFC - 3.2%
    Shreyas Shipping - 10.9%
    Sintex - 1.39%
    IFGL Refactory- 2.32%
    KPIT - 1 % ( Shorted after Q3 results, waiting for Q4 results, before deciding to re-enter or exit)
    Bodal Chemicals - 2.35%
    JBM Auto - 1.7%
    Lincoln Pharma - 3.25%
    V2 retail - 2.33% ( Plan to increase stake in Q1, post results to about 7 %)
    SNL bearings - .07% ( Just Tracking purposes as of now)
    Tech N Vision - 1.6% ( Plan to exit)
    Virinchi Technologies - 2.15%
    Alok Industries - 1.5% ( For trading purposes only)
    SMIFS - 1.75%
    Food And Inn - 1.8%
    SBI - 2.15% ( For Trading only)
    Indosolar - 1.4%
    Suzlon - 3.7% ( Plan to observe Q4 results and then increase stake by 2.5 x, im positive on this counter )
    Stylam Industries - 1.78%
    Basant Agro - 2.36% ( As of now, for trading purposes only)

    Balance - 7 % Free Cash / IPO

    First Yr Performance = + 33%
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    I am quite impressed by your portfolio and its performance. I see a lot of clarity in your thinking. You have demarcated the stocks on whether they are for tracking, trading or investment. You are also clear that you have a "good appetite for risk" and that you prefer "high risk high reward" stocks.

    I think it is important to have that clarity in your approach. If you are buying for trading purposes, you must have a clearly defined stop loss. On the other hand, if you are buying for investment, you must be absolutely certain about the fundamentals.

    I am sure this thought process will sharpen as you go along your journey. Good luck!
     
  3. karan.vazirani

    karan.vazirani New Member

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    @Meenakshi ji,

    Thank you for your positive reinforcement !

    Happy investing :)
     
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Yes. Good clear thinking. Keep it up.
     
  5. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Get out of lycos.
     
  6. karan.vazirani

    karan.vazirani New Member

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    @ Guruji - Any particular reason to drop lycos totally?

    At the moment my Avg price is at 33. I understand the stock has underwhelmed in recent times. But i haven't lost patience yet...Part of which stems from the fact, that i believe the downside is limited now and i still believe in the potential of the company. Would like to understand your point of view ......

    @ srouta - Thanks :)
     
  7. bholu

    bholu Active Member

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    Review all your stocks, why you bought them ? ...Lycos has more than 200 crores of debt..an IT company with debt itself should raise a red flag... plus I do not understand the business model
     
  8. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Portfolio is over diversified, which may badly hamper your money.

    Cut it to 10-15.
     
  9. karan.vazirani

    karan.vazirani New Member

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    @guruji : I agree, portfolio is very over diversified. Pruning it will take some time , but its work in progress. 18-20 scrips is what i have as a target initially. Lets see how it goes.

    @bholu : Yes there is 200 cr debt. But as per a Business standard report 2 days ago, its also due to raise 100million$ to fuel expansion. As i said, i still believe in the business.And i guess that's where we differ.
    Appreciate your comments nevertheless !
     
  10. bholu

    bholu Active Member

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    well if you have the conviction certainly stay invested :)
     
  11. TreNdZzz

    TreNdZzz New Member

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    https://rakesh-jhunjhunwala.in/forum/index.php?topic=138.msg956#msg956
     
  12. karan.vazirani

    karan.vazirani New Member

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    Hi Trendzz,

    Nice research Report. Still a hold/accumulate from my end. Would love to see some deliverables being met this year. That should really make things clear. Too much apprehension in the market as of now as far as Lycos is concerned. Patience needed.
     
  13. abhiarps

    abhiarps New Member

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    allocating very small percentage to stocks will not get you any benefits in totality with regards to your investments... put at least 40-50% of money in 3-4 stocks and just look at portfolio of badshah mr. rakesh jhunjunwala & he often points out that allocating small percentage to ur your conviction stock can make a career but a larger percentage can make your life...around 55-60% of his portfoilio consists of lupim, crisil nd titan.
     
  14. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    This is true but first one has to develop the "high conviction" in a stock. That is easier said than done. It is a time consuming process. If you hold a small quantity, you can study the stock in detail and decide whether the management is delivering on its promises or not. Then, your 'conviction' in the stock becomes firmer and you can allocate large sums of capital to it. Till then, you have to remain diversified.

    You can see that even Mr. Vijay Kedia stated in his latest interview that he has been diversifying his holdings because he is unable to find a story where he can allocate upto 15% of his capital.

    But you are right in principle. One has to always be on the lookout for studying the stock deeply and trying to develop conviction in it.
     
  15. karan.vazirani

    karan.vazirani New Member

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    Abhiarps ji,

    Thank you for your valuable input. To be honest, i didn't have the conviction & courage to put in 40-50% in 3-4 stocks, as this was a new world to me. My parents don't understand the market. So i was all on my own.

    But i really understand the importance of what you're saying and i hope to develop my skills so that i can remodel my portfolio with more consolidation as you've said.
     
  16. karan.vazirani

    karan.vazirani New Member

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    @marrakesh

    Thank you sir for your response.

    You are absolutely correct, in this recent correction, my portfolio has taken a good beating.

    However, the decision to leave out the large caps , was a conscious one to begin with. So i have no excuses !
     
  17. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    My portfolio has also taken a big beating :(
     
  18. VALUE INVESTER

    VALUE INVESTER New Member

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    your portfolio is well diversified and represent all sectors.
    Please add some high conviction/potential pharma stock and housing finance like suven, coral, can fin homes.

    Declaimer:- I m not a market expert, its your call.
     
  19. jacobvacha

    jacobvacha New Member

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    HEM SECURITIES

    any client of theirs here.. if so kindly mail me at jacobvacha@gmail.com if comfortable
    jacobvacha@gmail.com

    regards
    jacob mathew
     
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