HI all,
I have the below portfolio
1.FORCE MOTORS - CMP 884
2.CAPITAL FIRST @ 374 .
3.L&T @ 1330 - Strong franchise (good mgmt)
4.OBEROI REALTY @286
5.Sharda Cropchem - @262
6..Torrent Pharma - CMP 1425
7.UMANG DAIRIES @62
8.OM metal infta @53
Posts in category Value Pickr
Portfolio check _ views please (13-11-2015)
Value picks at cmp (13-11-2015)
HI all,
As per my knowledge in stock markets - some opportunities i can see @ CMP (due to downfall)
1.FORCE MOTORS - CMP 3295 (Strong MNC backups now)
2.CAPITAL FIRST @ 374 (strong management - next BAJAJ FIN in making)
3.L&T @ 1330 - Strong franchise (good mgmt)
4.OBEROI REALTY @266 - good mgmt - good real estate pick
5.Sharda Cropchem - @249 (Asset light model)(good ratios)(almost 0 debt)
6.Torrent Pharma - CMP 1546 (Nexim play)(Dr reddys hurt)(initial entrance in US)
Shah portfolio check (13-11-2015)
EROS has come with accounting fraud claimed by US analysts - so i will keep miles away from such stock
Rakesh’s Portfolio (13-11-2015)
1 Swaraj Engines Limited (HOLD)
2 V.S.T Tillers Tractors Limited(SELL - FAIRLY VALUED)
3 Accelya Kale Solutions Limited (HOLD)
4 MPS Limited (NOT TRACKING)
5 Navneet Education Limited (HOLD)
6 VST Industries Limited (HOLD)
7 V-Guard Industries Limited (SELL)
8 Rupa & Company Limited (NOT TRACKING)
9 Persistent Systems Limited (SeLL)
10 Astral Poly Technik Limited(SELL)
11 Dhanuka Agritech Limited (SELL)
12 Vinati Organics Limited (SELL)
13 Kajaria Ceramics Limited(SELL at 850-900 now)
14 Tree House Education & Accessories Limited(hold)
15 Vimal Oil & Foods Limited (NOT TRACKING)
16 Alkyl Amines Chemicals Limited (HOLD)
17 V-Mart Retail Limited (HOLD)
18 Vinati Organics Limited (SELL)
19 Fluidomat Ltd (SELL)
20 Atul Limited (SELL around 1800)
21 Gujarat Industries Power Company Limited (BABU COMPANY -SELL)
22 Balaji Amines Limited (NOT TRACKING)
23 V.S.T Tillers Tractors Limited (SELL)
24 Jenburkt Pharmaceuticals Ltd.(HOLD)
25 Nesco Limited (SELL)
26 Sarla Performance Fibers Limited
27 Orient Refractories Limited
28 Vesuvius India Limited
Please provide your valuable suggestions. I would be happy to eliminate some names from this list. I know its not concentrated and I prefer a diversified portfolio.
There are some more in my list which I am working on which are:
KSE Ltd
Avanti Feeds Limited
Rubfila International Ltd.
Igarashi Motors India Limited
La Opala RG Limited
Camlin Fine Sciences Limited
Indag Rubber Ltd
Kesar Terminals & Infrastructure Limited
Premco Global Ltd
Nath Bio-Genes (India) Limited
Standard Chartered IDR (13-11-2015)
The bank is raising GBP 3.3 bn in rights issue and recently the top management has purchased shares from market. Stock continues to make new lows.
Apollo Tyres- Do not understand the valuation (13-11-2015)
It is not just Apollo Tyres, shares of all tyre companies are traded at very low PE. Have a look at MRF.
There are media reports that this is due to Chinese dumping of CV tyres in Indian market.
Page industries (13-11-2015)
I agree on Samir's comment, though he didn't name but looks likely as he was always skeptical of Page's valuation... I have a MOSL report(2 month ago) which says that Q2 wouldn't be good for Page... but expects normalcy to return by 3Q16 as it has taken corrective measures based on their discussion with the management.
I don't think 30% growth is a realistic assumption with this soft consumer demand.
Page industries (13-11-2015)
It is trading @40x FY17 assuming 30% growth but 10k (30-35x) would be ideal price to enter if someone trusts the story. I clearly missed selling at 16k and now it is too early to buy. It seems even Samir Arora is short on this given his comments on Diwali day. Hawkins at no growth, Jubilant at very low growth can trade at huge valuations this can clearly sustain 30-35x forward PE.
REPCO home finance – another Gruh in the making? (13-11-2015)
5 yrs is a good time to make enough from this and exit. Example of HDFC bank growing at 12% is not correct since the whole banking credit is not growing well and the bank has clearly articulated that they would grow at market growth + few%. It is very much possible that HDFC bank could start growing at 20%+ when economy recovers fully.
Repco is in a sweet spot because it is ready to capture market with adequate organisation/culture, experience and capital. It doesn't need to grab market share from others. It can only pick and choose clients to grow for the next few yrs.
Granules India Ltd (13-11-2015)
http://www.bloomberg.com/research/stocks/people/person.asp?personId=52851913&privcapId=12752639
Harsha Chigurupati (son of promoter) seems to have taken a back seat turning from executive director to non-executive director.Any reason for this?Is there any change in management succession plan?