Over the past few days I’ve added 2 companies that I’ve been tracking for more than 2 years now…
Dynemic products and valiant organics
I had a chemical company shaped hole in my PF after selling Deepak nitrite and now I’ve filled it(also my Everest tranches are on hold until there’s clarity regards USA subsidiary) Kept some headroom so i can add some more of each later if needed but in total both of them combined are now about 14 percent of my PF(with dynemic having a slightly higher stake vs valiant since i really like the management a bit more)
Both companies are trading at valuations i didn’t think id see again and so I’ve taken the plunge. Both companies are/(were) available at just over 1x sales and considering their potential it was just too good to pass up. There will be volatility here in the short term but this is a minimum 3 to 5 year investment for me and I’m expecting this to be a very fruitful period owning these companies at these valuations
With these 3 microcaps about 1/3rd of my embassy money is/will be invested. For the remaining 2/3rds I’ll try leaving this chemical/Pharma comfort zone
| Subscribe To Our Free Newsletter |
