nice topic bro for 50 years i will go for BEL ....UNSTOPPABLE .
NMDC is cyclical .
SBI ......".to big to fail " and govt will exit from all core holding before 50 years .

Hi All,

My top 5 holdings are

1. NMDC - avg price 120 - Inspite of iron-ore prices at multi-year lows, I am hopeful Mr Market was generous with NMDC The sector looked attractive. Its ROCE, cash reserves, low P.E and P.B value, Graham number and >7% dividend looked attractive. I felt once the iron-ore cycle reverses, NMDC should do well.

2. Balmer Lawrie - avg price 310
   Somewhat similar to NMDC in 'safety' parameters. (ROCE, PE, cash reserves, dividend, multi-year low)

3. BEL - avg price 425
   This was more a 'foresight' pick more than ratio's. A monopolistic company in defense sector looked appealing, esp at multi-year lows. I had also gone on a college industrial visit, and what I saw also had left a positive impression. No one could develop such technology on short notice.

4. Bata - avg price 540
   It seemed logical that demand for shoes in india would keep growing. And Bata looked to have better ratios (to me) than Relaxo and Liberty Shoes. I hope the P.E ratio i bought wasn't too high.

5. MindTree - avg price 1260
   I was on the lookout for an mid-cap IT company, and MindTree looked to have the best ratios among competitors. The management also looks good. Glassdoor / my friends have given good opinions on work culture.

Other stocks i own are OFSS, AIA engineering, eClerx, CARE rating, Igarashi Motors, KSE Ltd and IOCL.

I was fortunate to get IOCL at its book value of 200. The govt has removed subsidy. Debt is reducing. IOCL has high moat, with big refineries. But i dont know if I should hold IOC for the next few decades, or switch it to Balmer Lawrie.

I'm a relatively risk averse investor as I dont have much time for tracking. I have just joined value pickr. I've owned mid-cap mutual funds / ELSS since 2010. Started with stocks in Aug 2013.

Guru's / All, please give your suggestions @Donald @basumallick

Warm Regards,
S

Being a seasonal business and dependent on Monsoon, FHFY15 was the best performance in my knowledge in history of the company. SHFY15 were profit and sales declined significantly. In fact in Q1FY16 and Q2FY16 the company shown decline in YOY sales, same is almost up 50% over SHFY15.

What would be interesting to observe that in case company even repeat same number in Q3FY16, of what shown Q2FY16, we would find 50% growth in Sales and 88% growth in Net profit !!!

Personally, I like the business and management of the company and among top 5 investment holding in my portfolio. My view may be biased due to my holding.

What is vmart's spread on rentals - how many stores are at 4-5% of sales, how many are at 5-8% of sales, how many are at greater than 10% of sales? How many of their stores are breaking even ? What is the working capital in terms of days of sale? How did the working capital change over the last 5 years? How is their model superior to big bazaar or reliance trends or dmart (other than lower real estate costs in small costs ) Today they are not looking at small towns because they are yet to saturate tier 2 and tier 3 cities. Once they complete the expansion in larger urban centre, they will change their focus to tier 3 and tier4 cities. What is v mart doing better which will enable them to compete against the above stores when they open in same towns?

Richard Branson had once espoused, “The easiest way to become a millionaire is to start out as a billionaire and invest in an airline.”