Hi Gaurav, the market value of Investments – both shares and land is approx. 1050-1100crs and at 50%-60% valuation, seems like National Peroxide market price is at fair levels. Hope NPL Chemicals listing happens soon so that we will get to know if there has been unlocking of valuation in line with mgmt intentions. Thanks
Posts in category Value Pickr
ValuePickr Ahmedabad (26-11-2023)
I am in. I had been part of VP Kol group prior to moving to Ahmedabad.
Long term investment strategy (Buy, hold but don’t forget) (26-11-2023)
Ok, sorry
Kei or was exception.
Basically i had made mistake in paushak.
During repeat buy , I had bought it at around 10000 and p/e of around 90.I was thinking that after buying at around 10000, my average will be just 3000 .So i made rule that during repeat buy also, pe should be less than 35.
Long term investment strategy (Buy, hold but don’t forget) (26-11-2023)
This is short term trading you are talking about?
What bets are these, FA/TA or technofunda?
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (26-11-2023)
I am surprised why management has’nt shared this update of colloboration with master card through disclosure
Long term investment strategy (Buy, hold but don’t forget) (26-11-2023)
To create a significant alpha, diff strategies can be adopted at different cycle of market. In Bull market, I have adopted investment & trading in same stock and strategy worked very well.
Out of total corpus, while i have selected stocks with allocation of ~3-5% in each one and I kept ~25% of corpus as cash which I wanted to allocate to 3-4 very high conviction stocks with short term view of 2-4 months in two/three tranches (to reduce the probability of loss in any unforeseen event). If I get 30-40% or more returns during this short time from these select stocks, I book the profit in such a way that remaining quantity is around ~5% allocation to portfolio (after this run up, here onwards my expectation is nominal growth of 20-25% per annum). Booked profit can again be deployed another 3-4 stocks high conviction stocks on rotational basis which are part of thematic flows and part of our investment portfolio.
I could implement above since May’23 in BSE, Jupiter wagon, Picadilly Agro, Prestige Estates, Pitti Engineering, KIMS Hospitals, Shakti Pumps and Peral Global. Presently, I am invested in PDS, Shalby Hospital, CDSL and KFIN Tech under this strategy.
Disclaimer: Its just a thought sharing and no way of any sort of recommendation
Long term investment strategy (Buy, hold but don’t forget) (26-11-2023)
Yes, when the story is intact, one can stay invested for years. But if a stock becomes not just a multibagger but a heavyweight in the PF, may be we might think differently. I have read about members having got triple digit baggers, I cannot possibly imagine what would I do if I have such a stock, and it falls by 30%.
So, while completely exiting might be correct or wrong, which will be proved later, I guess trimming will give some psychological comfort at least. No wonder selling is hard even for seasoned investors.
ICL Fincorp NCD review (26-11-2023)
For the upcoming ICL Fincorp NCD IPO between 28 Nov – 11 Dec 2023 with credit rating of ACUITE BBB, what are your opinions about the company? Is it safe to invest and do they give you timely interest payments as well as return your deposit on time after maturity? How is their customer services?
Long term investment strategy (Buy, hold but don’t forget) (26-11-2023)
I find this correct strategy for long term wealth creation. Additional thing i am doing is leverage to generate capital for accumulating stocks, this is high risk and work in bull cycles with associated risk. Could multiply PF by 28X in last 4 years with leveraged portfolio.
Pitfall of leverage is booked 6% loss on PF due to heavy selling in Jan to Mar 2023 however in last three years it has worked well for me.
Till now rotation was key as i could find cheaper bets while rotating. Now there is change in strategy as all valuations look at extreme euphoric levels hence keeping in my own circle of competence and stocks with strong moat or cash flow with PE is teen range.
Now i have started cutting down leverage and will make it zero by Maximum Jan 2024 as general election is a big binary event for indian markets, will not even hesitate to liquidate everything in case of a worst outcome.
Long term investment strategy (Buy, hold but don’t forget) (26-11-2023)
For concentration of portfolio, first thing u need to do is avoid duplicity. What I mean is, if you want to.invest in private bank, dont invest in HDFC bank, ICICI bank, kotak bank all three , instead invest only in may be HDFC bank, as all three banks have same products and same customers they are serving. So avoid having more than 1 company having similar products or serving same.type of customers. And keep adding only to existing companies , dont add new companies to portfolio…