- US fed has increased the rates 11 times in 2022-23. In my view, it does have a temp effect but it withers away soon.
- India is always in an election mode with general election every 5 years. Again it does have a temp effect and market recovers soon thereafter. Problem is if BJP doesn’t come back in power, this period will be longer. But chances of that happening is low in my view.
- Chinese economy crisis is helping our export oriented businesses, I am not sure how will this impact our market in very adverse sense.
- US Inflation is directly linked with fed rate hikes. Also, besides crude oil imports and businesses dependent on that, I am not sure how will this affect our stock market.
Posts in category Value Pickr
Nithin’s Portfolio (30-11-2023)
Buy Unlisted Shares (30-11-2023)
I won’t mind for more than that if the stock is good.
Long term investment strategy (Buy, hold but don’t forget) (30-11-2023)
I think two of the companies – Infy and LT in your examples grew tremendously during the periods you mentioned because of two bubbles we saw in recent times. Dot com bubble between 1995 and 2000 and real estate / infrastructure bubble of 2004-2007.
Once these bubbles bursted in late 1999/2000 for dot com and 2007 for real estate, which also led to many companies exited the market (Unitech, GTL limited, Visualsoft etc.), there was a lull period and negative sentiments for these sectors in general due to which even good companies like Infy and LT suffered for many years.
Ujjivan Financial – Small Finance Bank (30-11-2023)
In case someone is tracking the reverse merger, it’s close to being finalised after nearly 2 years since they announced it.
As of today’s closing price, buying Ujjivan Hold co is equivalent to buying Ujjivan SFB at ~ 19% discount
Basically for every 10 shares or Ujjivan Hold co, an investor is entitled to 116 shares of Ujjivan SFB
If anyone is curious I wrote a little note on the same along with my abbreviated investment case over the last ~ 2 years
Disclaimer : Invested.
Nithin’s Portfolio (30-11-2023)
I did a mistake last year by switching from Newgen to intellect in terms of share price increase…still holding intellect
Nithin’s Portfolio (30-11-2023)
I have a very concentrated portfolio,
GE shipping, Rain Industries and Nuvama Wealth are three major holding, more than 65% of my portfolio… Nuvama will have impact on any bumps ahead, shipping industry looks to have solid 2 years ahead … for Rain industries worst is left behind … am not finding anything apart in this bull market.
Raymond – The Complete Man (30-11-2023)
Textiles and apparels have many new areas in themselves like fast fashion and others to crack.
They tried apparel (Parx, Park Avenue, Color Plus).
But issue is lack of focus from promoter front and old lala culture.
lack of focus from promoter
GAUTAM SINGHANIYA was a playboy and a social animal like his father. He never took great interest in business. He once even said that everything is for sale as long as offer is good. (context is apparel / textile division).
He has 2 daughter and they are in teens. So they won’t be joining management anytime soon.
old lala culture
They have brought outside professional to run as CEO but they never replaced the middle management.
So, many time, good initiative never gets implemented but middle management is still stuck in old thinking and all they care about themselves and their sales target.
Disclaimer – I am Raymond authorized retailer for last 16 years and I am selling Raymond Suiting since last 30 years.
Thomas Cook India (30-11-2023)
I sold Balaji Amines seeing analysis of Mr Bakshi in 2017 at 450, rest is history.
Buy Unlisted Shares (30-11-2023)
Came to know couple of days back, after seeing IXIGO’s IPO confirmation, that we have to wait for 6 months after the listing before we can sell the shares
Manappuram Finance (30-11-2023)
@maheshkumar – Remember how the stock up from pessimism to optimism? Price changes perception! With the Aasirvad DHRP in place, I believe a lot of re-rating triggers in place.