Investment journey of a late starter

3 new investments …

1. Panama Petro : PE below 10, Specialty products going up in relation to overall sales , capexes going on stream from internal accruals,good balance sheet .On the flip side, Revenue may go down a bit because of declining RM prices and reession in export markets .However company seems to be decent enough footing finacially .May I should have waited a little before buying . Hope I can hold on to it long enough.
2. Ultramarine & Pigments : Apparently at the bottom of a cyclical low.Inactive promoter selling out has kept price at pressure. However, low inventory and only 10% exposure to EU markets should ensure faster recovery than peers .I am only betting on the reversal and as of now do not plan to hold it for years .
3. Prince Pipes : Another reversal play . PvC prices are at or near bottom of a once in 10 year cyclical low as corroborated by Astral and Chemplast concalls. So thing should be much better from coming March quarter .I had this company as a good long term bet but had sold in Feb,22 @695 after a 8 month stagnation. So buying it back at 620 is not so bad.