They have finally entered into electrical appliances by launching electric kettle, and many more appliances will be launched in couple of years, lets c how it pans out,
Posts in category Value Pickr
The Anti-Portfolio (30-08-2024)
Your are right @Investor_No_1 , as a disclosure i accepted severance packege last month as turning from WFH to WFO is paining me now and home to office is 2 hrs one way. It almost 27 years I served in corporate Job however one layoff incidence in 2007 changed my whole perspective towards corporate job. My networth at that time was negative as i was having home loan, car loan, personal loan, 4 credit cards. Though i got multiple Job offers however i decided that day to become financially free and get freed of corporate glut by Age 50.
By God’s grace, I can proudly declare today I have almost achieved target with zero loans and almost 2 M USD networth.
I was offered an year salary as severance pay during exit call and i happily accepted it with out any remorse.
Just want to travel a lot of places before my knee joints starts paining:joy:
For all youngsters in this forum, my advice to everyone is to grow yourself financially as money is most important barring few exceptions. For a salaried its a war to buy his own time and stock investing is best by allocating your savings.
Action construction equipment ltd (30-08-2024)
Hi, IIFL initiated on Action with a add with a px target of 1465. Has anyone seen this report? would be useful to know their investment thesis?
The Anti-Portfolio (30-08-2024)
Thats great achievement. As @vikas_sinha ji mentioned it would be great if you start your own portfolio thread to share your views!
Curious after this 48x feat, I assume you have given up on day job amd now into full time investing? How has life and other decisions changed for you after this dream run? Any changes in investment strategy as well?
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (30-08-2024)
Finally it happened.
But what is equally bad is the draft Sugar (Control) Order, 2024. It looks like bureaucrats (babus) are going to run the sugar industry henceforth – from sugar, ethanol and everything… instead of freeing the sector they are bringing more control… its bad for long term.
I maintain that stay investors should stay away from any sugar company going for expansion. Only those focusing on existing capacity – increasing efficiency, recovery, etc will do well. Balrampur is perfect example.
CL EDUCATE – Less Down side and unlimited upside (30-08-2024)
They have series of mistakes investing in schools and also had receivables from Govt stuck. Looking at equity growth does not help. They did lot of writeoff on invesments .They also had lot of cash on balance sheet.You should first look at Tangible capital deployed and incremental capital returns. Incremental ROIC * investment rate = EPS growth.
Edtech business throws lot of cash and is good business while Enterprise business is low ROCE which now growing internationally and they have decided to focus on better margin business.
Smallcap momentum portfolio (30-08-2024)
Can someone share the link to find the historical inclusions and exclusions from the index?
The Anti-Portfolio (30-08-2024)
Hi Aadhar, I am using ICICI direct MTF facility, interest is paid from BTST, Intraday or positional partial sell on open positions. Its a boon in a bull market and curse in a bear market. Have paid price during 2018-19 correction hence i wouldn’t recommand to anyone.
On a positive note, whatever multiplier i have achieved is because of MTF as it has a significant contribution. Stock doesn’t know if you have bought in cash or leverage.
Disciplined trade keeping aside emotions and not avoiding booking losses can have a consistent additional capital generation.
For example, I had created a 25% of PF position in MTF for Samhi Hotels between 170-184 levels with average 177, converted 50% to delivery and squared off remaining between 200-212 levels. Got 6000 stocks free. ,
Select only out of favour stocks or buy on a major dip in MTF as once you run in losses in MTF mind stop working.
Current market is not suited for excessive leverage as 99% of pockets look overvalued hence I have concentrated consumption oriented bets only. Govt Capex theme is strict no rightnow for me at least. Govt Finance stock trading at P/B of 7 and HDFC at 6.