Honest (incld blunt) feedback sought on my holdings

Listed below is what i hold. Views are sought


1- marksans. 15,000. @ 7.5/-
2- abbott. 300 @ 450/-
3. Allied digital. 6,000 @23/-
4. Arvind. 600 @ 220/-
5. Asian Paints. 275@ 550/-
6. Ashok leyland. 6,000 @49/-
7. Bata. 400@ 317/-
8.Britannia. 200 @ 1550/-
9. Camlin fine. 2000@102/-
10.Castrol. 200@353/-
11.Colgate. 700@270/-
12. Eicher. 100. @ 2953
14.Eveready. 500@261/-
15. FDC. 500@172/-
16.Gennex. 120,000@3.04
17. Gannules. 750@108/-
18.Hdfc bank. 1000@293
19. Indusind. 5000@74/-
20. Hero. 200@ 888
21. 3M. 200@639/-
22.Aurobindo. 1,600 @37/-
23. iTC. 1,050 @ 144/-
24. JB Chemicals. 300@292/-
25. Maruti. 200@2100/-
26. M&M. 400@32/-
27. Pidilite. 200@255/-
28. Pokarna. 125@1244/-
29. Reliance. 500@985/-
30. Reliance comms. 400@416/-
31. FIEM. 150@569/-
32. DIC. 250@520/-
33. L&T. 250@1182/-
34. TCS. 300@740/-
35. Infosys. 400@320/-
36. R S software. 1200@18/-
37. SBI. 175@272
38. Symphony. 50@2,181/-
39. Sun Pharma. 200@824
40. Century ply. 450@ 184/-
41. Gateway distri. 150@353/-
42. Aban offshore. 125@1650/-
43. Jain irrigation. 500@ 131/-
44.NTPC. 500@178/-
45. Trident. 2000@45/-
46. Websol. 2000@18.50/-
47. Suzlon. 7500@22/-
48. Alok. 8000@13.5/-
49. Vedanta. 400@128/-
50. Cyient. 1,600@58/-
51. P&G. 183@ 583/-

 

Thank you for your valuable feedback. Some of the names you mentioned happen to be recent purchases and have bought these for i am convinced about them. These include
DIC
FIEM
Suzlon
FDC
JB

A few anyways where short term punts (invested in the 6-8 months) - likes of allied, trident, websol, gennex and am already deep in money and waiting for the right opportunity to exit

Suzlon : is a multibagger IMO

 

There are many good stocks in portfolio purchased at good price.Now just apply one criteria ,those stocks which have outperformed NIFTY in three or five years are hold and rest are fit to be kicked off.

 

A well balaced diversified portfolio having good balance between sectors and also a proper mix of mid and large caps. Could not find a fault with the portfolio except that its a bit crowded. Marksans Pharma at 7.5.. Lucky you..

 

honestly

 

RS software gave a handsome oportunity last year when it went 700+ . Should have exited entirely then rather than holding back 20%. Anyways the sale yielded blockbuster gains.

 

Looks like my portfolio has left most members speechless

 

I think this is a huge number of stocks. It cannot give you meaningful returns / growth of networth. You have mentioned some stocks - allied, websol, trident, etc. for short term punt.
But with allocation of less than 1 lac each even a 100% appreciation in these stocks will not make any dent to your overall portfolio growth.
My suggestion would be to cut the no. of stocks by half... initially. Eventually bring it down to 15 -20 stocks.

 

The sheer size of your portfolio makes a person like me have inferiority complex. I have only 4 stocks in my portfolio. Managing such a big portfolio indeed is a feat of its own kind which is not everyone's cup of tea. Maybe that's why everyone's speechless.

 

Can you please share which 4 stocks you have?

 

Hi,

This is very valuable indeed. Bang on target with the observation that my short term punts represent small values compared to the overall size of the portfolio. But thats because, like i mentioned in another post, i am currently holding a fair bit of cash/ short term MF positions. Hunting period at the moment as the market corrected as i had anticipated

 

ha ha nice one. portfolio is good as per my opinion . but some restructuring is needed immediately. get rid of the bad ones and reduce non performers.i think you are a very good investor and can do this.

 

Pantaloon Retail (play on branded retail. Will become biggest branded retail apparel player in India once the Madura merger is over. Betting on it for the next 10 years at least.)

Sudarshan Chemicals (play on the revival of Indian chemical sector. Will take a couple of more years to show its full glory)

SKM Egg Products and Export (biggest poultry exporter from India. Accounts for approx 50% of India's egg exports. 18 lakh eggs processed every day. Supplying to many mammoth players like Kraft foods etc. Very ethical management with ambitious plans)

Subex Ltd (a classic turnaround story at its beginning. Betting on it for next 5 yrs)

This is my core portfolio

I also have trading positions in Heritage Foods to take advantage of the short term upswing in the counter.

 

@Parin Gala What is allocation for each stock? 25% each?

Heritage is supposed to be 6-bagger according to news. Then why trading position?

 

Allocation in PFRL is around 40% and 20% each in remaining three.

I bought Heritage Foods to take advantage of the current upswing in the counter. The fundamentals are extremely strong and it is a potential multibagger that's for sure. But I do not have funds to make a committed buy in it for the next 5 years. Also, I dont want to dilute my current portfolio because I am expecting similar/better returns from all four in the long run. Therefore I will have to leave the counter with a heavy heart with just some trading gains.

 

Big relief because I am bullish about stock.

Very clear thinking about situation.

This can be very painful but can pay off in long run. Good luck My habit is to buy bit of everything

 

Great ! I would suggest that you bulk up on stocks where you have more conviction, which give decent dividends and which also have given you good returns earlier.
Since your portfolio seems to be of a good value, above moves could help you in making some meaningful gains and create wealth. Better to increase exposure in stocks already owned, you could even start taking small trading positions in existing stocks without attracting tax etc.

 

# Parin... I am of the view that even though Pantaloon may become the biggest retailer, due to the intense competitive nature of the industry, the company may not be making enough money for shareholders. This is my opinion on Retail industry.
I am trying to gain more insight on Subex and build up a conviction to enter the stock, after reading about your investment.

 

Anything retail..... Requires deep pockets and ability to swallow losses. Whether it is retail banking or retailing merchandise

 

Brother I have not bought PFRL because it will become biggest retail player. I have bought it for the growth and value it offers.
Look at the valuations of brand oriented stocks like Page, Jubilant and Shoppers stop.
Madura has 4 equivalent brands. Peter England, Louis Phillipe, Allen Solly and Van Huesen. I don't think these brands are any smaller than Dominos or Jockey in their respective segments.
There are also other small brands like People, Hackett London etc in the Madura group.
After merger, even if we assume an EPS of Rs 7 still the cmp is just about 30 times. Whereas the other brand oriented stocks are trading at anywhere between 60 to 90 times.
Also, the brands mentioned above are growing at an impressive pace. Aditya Birla group has announced opeining of 100 madura and 10 pantaloon stores every year for the next three years.
Also, according to my calculation the debt to ebidta ratio will improve to about 4:1 which is quite manageable by the Adiya Birla group.
As per my personal calculation there is a room for both, an increase in earnings and a sharp increase in the valuatation multiple once the combined entity starts presenting results and once the name of the entity changes to Aditya Birla Fashion Retail Ltd (many people still associating the company to the biyani group due to the name Pantaloon)
In my personal opinion a company with such a strong brand portfolio and such a solid online presence (trendin.com) as well as a very strong store presence should not deserve a valuation of anything less than 70 times. Although it may take lot of time for the market to award it the valuation it deserves.
Also, I personally have a lot of faith on the business acumen and capabilities of the Aditya Birla Group. They definitely have the right quality as well as financial muscle to realise the full potential out of this company.
Therefore i have made an investment in the counter with a view of about 10 years.
These are just my personal views and calculations and may go wrong.