Portfolio review and suggestions

Srouta ji, any views on Minda Industries? I did some study and it seems to be a good bet for longer term. Clients are pretty much every one from auto space and earnings are growing at a very good pace.Management too seems to be good. Have you looked at it? It has a high CMP, but post split it should come down. Any thoughts?

Cheers
G1

 

Minda is very good stock but huge run up in price in last one year and also PE is high at 16x. I read research report somewhere about stock which said hold. I will find research report when I go to office and post it.

 

Hello

This is how the portfolio looks after some accumulation. It is up 8% in last one month and after todays deep reds. Any suggestions and critics are welcome.

PS: I am a small investor and plan to slowly keep adding more funds to the same portfolio unless there needs to be a change.


Stock *** Current Price ** Quantity ** Purchase Price
BPCL 595.1 40 503.5
DCB Bank 106.65 155 97.45
Granules India 142.2 159 141.61
JB Chemicals 268 87 253.85
Minda Ind 1,170.00 8 1162
Motherson Sumi 344.2 70 279.7
Natco Pharma 611.3 77 575.13
PI Industries 783.4 44 733.24
Persistent 677.25 30 671.5
SBI 227.45 65 230.9
Subex 12.61 800 12.61
Suzlon Energy 17.2 420 17.41
Transport Corp 371 100 306

I averaged Natco and PI industries which otherwise I had small positions in 511 and 680 range respectively

Cheers
G1

 

Hello

Current standing looks like this

Scrip Sector Cost Current Number
BPCL OIL 503.5 585.5 40 Core Accumulate
DCB BANK 97.45 117.8 155 Core Accumulate
SBIN 230.9 253.1 65 Core Accumulate
SYNGENE PHRM 440.9 475.95 90 Core Accumulate
JBCHEM 253.85 316 87 Core Hold
NATCO 575.13 679 77 Core Accumulate
PIIND 733.24 832.95 44 Core Accumulate
MINDAIND 1252.43 1389 14 Core Hold
MOTHERSUMI 279.85 323 70 Core Accumulate
PERSISTENT 671.5 617.1 30 Core Accumulate
TCI 308.22 189.05 100 Core Hold

I am betting on Syngene to grow and be the star of my PF given the kind of growth path management has charted. Will try to add more on dips.

Current the PF is overweight on Pharma. It will be good to know about your views on if this needs to be cut down. I have high conviction on all 3 pharma stocks in the PF and will have to take a call based on the same.

Looking to add Bajaj Finance once I have some funds.

Cheers
G1

 

HI All

The portfolio is slowly taking shape, I am accumulating in dips and slowly adding up on the below. Please have a look and let suggest if any of these need pruning.


SCRIP Buy CMP number P&L % alloc

ABFRL 141.82 145.25 225 2.4 8.9
DCBBANK 105.73 125 230 18.2 4.2
SYNGENE 440.9 498.5 90 13.1 12.9
JBCHEMPHARMA 282.32 362 110 28.2 8.6
NATCOPHARM 577.85 610 90 5.6 14.5
PIIND 764.25 822.45 79 7.6 16.8
MINDAIND 265.33 326 95 22.9 7.0
MOTHERSUMI 290.05 332.45 100 14.6 8.1
PERSISTENT 671.5 690.05 30 2.8 5.6
TCI 308.22 186.2 100 -39.6 8.6
Subex 12.61 11.05 823 -12.4 2.9
Suzlon 17.04 14.6 470 -14.3 2.0


I am looking to enter Bajaj finance, any feedback and good entry price will be helpful on the same.

Cheers
G1

 

In stead of Bajaj Finance, I would recommend Capital First. CAPF has just $1B market cap. Long way to become midcap.

 

What is the reach of CAPF? I mean, bajaj fin is everywhere with loan offers starting vehicles to super markets. So it helps if you can share some details on CAPF. Tbh, i had capf, small position, but sold it later.

Cheers
G1

 

In my view both Bajaj fin and cpaf are good but over priced stock,in my view Rel Capital grossly under priced stock will double well before these two.

 

I had never thought about Reliance, the entire group in general. I went through your thread, I will do some study and try to build conviction. But overall the sentiment about rel group shares is negative. I hope it changes for good.

Cheers
G1

 

As per my knowledge bajaj is already a well known brand. CAPF was earlier only in wholesale segment but now it has entered retail segment. Earlier i was seeing emi schemes of only bajaj finance but now capf schemes are being visibled too. Today on zee business daljeet kohli recommended bajaj fin and capf both as vijaya dashmi pick. E commerce sector also boost these two companies. I am invested in capf and also looking to invest more.

Rel cap ran well recently last 3 4 months. Porinju veliyath is also bulish on it and it could be part of his PMS investments.

 

So here is a 11 month update on the final portfolio that I have built using dips. This is something that I plan to use to pay off my home loan 5-7 years down the line. Current overall gain is at 24% from this PF and I dont intend to add or subtract much from current levels due to lack of funds. The buy price is adjusted for dividend declared per share.



Please provide suggestions on JB chem as the management outlook has not been very positive about future and I plan to exit may be participate in the buy back and invest the funds in other stocks in the same PF as and when market cools off a bit.

Other feedback on any additions/deletions will be helpful.

Cheers
G1

 

Hello

Been a good 1.5 years now since I got into direct equity, portfolio went through many changes and from 15 stocks now down to 8, a decision taken to keep tracking easy and hold quality stocks. Below is how it looks like now.

Stock- PF allocation - gains
1. Minda Ind- 20% - 200% - 3X in a year, looks like it has lots more steam left. Planning to take out invested capital.
2. Motherson Sumi-10%-50%
3. Natco - 15% - 35%
4. Delta Corp - 10% - 18% - Added recently
5. Piramal - 20% - 15%
6. HDFC life - 7% - 10% - Recent entry
7. CAPF - 7% - 0% - Same price from last 1 year
8. Yes Bank - 10% - (- 9) %--In red

Overall unrealized gains is 40%. I have had profits in DCB 80% and good profits in other older holding which was reinvested into current holdings.

I am looking to add one more core stock, possibly a large cap infra stock. Considering L&T. Please let me know of your thoughts on the same or if you have other suggestions.

Cheers
G1

 

First of all thanks for religiously posting your portfolio details every now and then ... Not many would do so ...

Second on your query w.r.t large cap infra stock L & T is a blind buy ... But then you can also look into a fundamentally good mid cap Va Tech Wabag