Request to review portfolio and guidance

Dear All,

I am a small Investor, investing money from last 2 years in equities. I hold for about 2-5 years.
In last two years i have built my small portfolio,

Sr. No. - Equity - Buy Price

1. Suzlon - 6.40
2. MCX - 260
3. Gati - 275
4. IB Ventures - 11.5
5. Asian Granito - 134
6. Cera Sanitary - 1610
7. RSWM - 295
8. GVK Power - 15.7
9. Hanung Toys - 28
10. Mold-Tek Pack - 210
11. JP Power - 14
12. Dai Ichi Karkaria - 465
13. Freshtrop Fruit - 65
14. JK Tyre - 124
15. L&T - 1450
16. Huhtamaki PPL - 175
17. Goenka Diamond - 2.5
18. Srikalahasthi Pipes - 305

I request the members of the forum to review and suggest me way forward.
Which ones should I hold, sell, buy???
Thanks in advance.

 

Some really good stocks in your portfolio like RWSM, L&T, Cera, MCX, Dai Ichi, Srikalahasti, Huhtamaki, Freshtrop. I would suggest move out of Goenka Diamond and look at PCJ in the same space. Get out of Hanung toys, JP Power, GVK Power and look into T&D business where the real push of the govt is at right now. I suggest Adani Transmission, KEC Intl or Sunil High Tech engg. Get an Auto/Auto Ancilliary stock in as well, also add a pharma stock. I would suggest Granules and Motherson/JBM Auto. Move out of IB Ventures and add an HFC like Repco or DHFL.

 

Booked partial profit in IB Ventures @26 and invested in Arvind Infrastructure @72.
Booked partial profit in Asian Granito @188 and invested in Waterbase Ltd @ 118.
Booked loss in JP Power, holding cash.

 

Look in to Pharma space as well - Granules, JB chem

 

well, i am kind of wary about Pharma, Since i am working in one of them (a big one)...

 

Wary about valuations or about FDA risk or something else?

 

Definitely, Quality/FDA is a big risk in Indian scenario..
Valuations - higher, but reasonable.
Pipeline - highly complex and differentiated products are difficult to deliver consistently; simple products - multiple players, less margin.
Attrition - high attrition; people leave and develop same product for competitor - reducing the margin of all players....

 

Remember Wockhardt (2000 to 250/-) and Ranbaxy (600 to sub 200/-) story???

 

Thank you for your insights!... These are very valuable...

 

What brought wockhardt from 2000 to 250

 

FDA Ban (75% fall)

https://in.reuters.com/article/2013/11/27/wockhardt-ban-chikalthana-fda-idINDEE9AQ02D20131127

It fell to low of Rs. 142 on 22.03.2014

 

Though I made good money in Wockhadt.. (250 to 1500/-)...
I purchased considering the dirt cheap price and cashrich management...

 

But still, Pharma is going to remain good bet for 'long term' (Medicines are going to stay)..
Just not able to pick one good managed small company. (Feeling that i missed the Granules train)..

 

Notes around FreshTrops?. I have been watching this stock for sometime now. Just have not been able to make my mind on this. Any info would be helpful (I thought the revenues were too volatile, huge dependency on Grapes etc)..

 

Thanks. Never tracked wockhardt after its FX saga

 

Wockhardt is again in soup

Wockhardt tanked 11 percent after 62,555 bottles of Azithromycin tablets manufactured by company are being recalled by PD-Rx Pharmaceuticals Inc in the US market. Antibiotic Azithromycin is used for treatment of bacterial infections.

Read more at: https://www.moneycontrol.com/news/local-markets/sensex-marginally-lower-shanghai-falls-4-wockhardt-tanks_5018221.html

 

Worse... Wockhardt receives 483s for Shendra plant...

https://www.myiris.com/news/sector/...-form-483-for-shendra-plant/20160115122244199

 

It is VERY Dangerous situation for stock because before It fell to low of Rs. 142 on 22.03.2014