Secular growth stocks with 5+ year horizon suitable for 10%+ of PF

great pick .congrats to you.

 

Banking stocks arent going to be boosted in the medium term

 

Ultratech is fundamentally strong... Possibly Star Ferro ( an east / north east player)

 

Ultratech is definitely strong but don't you think it's overvalued and expensive?

 

Right. DCB is also a good bank. DCB is HDFC Bank in the making.

 

Oh please - this is daydreaming

 

DCB is the next HDFC Bank is the most laughable thing I've ever heard
sorry just had to say this, read it in multiple threads - just because you have or like a stock going around selling it as the next big thing

 

The remark "DCB is HDFC Bank in the making." was made by Motilal Oswal Guys.

"If you talk about a DCB is it the next HDFC Bank in the making. Everything begins with a small – Rs 10,000 crore books, Rs 3,000 crore market cap. Their credit appraisal is their chief competitive advantage. It is the Aga Khan Foundation which is the promoter and which also promoted HDFC Bank. That learning is there; and you are able to grow your balance sheet 25 percent with minimum non-performing assets (NPAs) that is all that we need for a bank to do right and if that comes market is oaky about it."

Excerpted from an interview on CNBC-TV18.

 

It appears that an exercise is on to reach consensus on multibeggers on five years horizon . BUT AS I KNOW IN INVESTING CONSENSUS INVESTMENT IS NEVER A GOOD INVESTMENT,WHAT TO SPEAK OF MULTIBEGGER RETURNS.

 

Absolutely right.

 

Lets not give undue credit to AKF in that it was the initial promoter ( i would say initial major shareholder) of HDFC ( was it also of HDFC Bank??? )

Credit for HDFC goes to Deepak and HDFCBank to Aditya

 

Tara Jewels seems to be a very good stock for investment. The company is in the business of manufacturing and exporting jewellery. It has renowned international retailers like Walmart as its customers. It is available at an attractive PE ratio of 5.5.

 

I have not studied the stock. Do you have research reports of brokerages? What are the fundamentals, business plan, low debt level, RoE, etc.

Unless these parameters are there one cannot call stock good only because it has Walmart as customer or has low PE of 5.5

 

Tara .. was on a continuous down trend from 230 levels in the recent past. Suddenly the entry of Prinju sprked buying interest.

 

Respected sirs,
Can we invest in jb chemicals and sanghi industries at current rate? i plan to hold for long term?
Do both the companies have good long term fundamentals?

 

I am bullish on DCB for next 10 years. This is the right time to add this stock. If it goes down add more. See the transparency in management. Read their question answers, annual reports, good education for novice investors. It does not matter how small one is, what matters is what the business model is. They dont have bad assets, management has decent track record of purging and consolidating its balance sheet. If anybody has different thought, I am here to debate. I don't like banking business as it is never great business but good management makes a bank a great company. This is enough to be hundred bagger. After FY 19 its price is going for sustained rally for next ten years if it does not increase till then. Don't expect too much in next two years. My expectation is 10 times in ten years and 100 times in next ten years. It may achieve early, who knows ? The point here as an investor is whether current price warrants safe entry or not. If it is so we can allocate big money to enjoy compounding. I have done it yesterday and I will do it again if it comes below 70. This is the safest stock in banks because there is no hope in price to shade.....means ..buy it when good business in trouble. I bought my 10% portfolio at Rs 120. Why should I not buy it at 75 ? I see it as discount sale. I hope this discount sale is going to continue for next one year if I am lucky. No miracle in haste.

 

This is my high conviction with this bank that I did not get jitters even after big notional loss.

 

Rajesh,

What about the management who lacked conviction about its own business plan and dropped the expansion plan to appease investors/analysts? How do you see the bank growing without expanding branch network?

 

@shaheen @ money why are you spamming same message in most of threads???

I am reading same message in all threads since morning.

@Meenakshi Razdan please take some action.

 

Can you elaborate on
- how in banking size doesnt matter
- whats the differentiating business model at DCB