This is a very controversial selection but my 2 proposals for a value portfolio are Wockhart and Spicejet…I think these 2 are appropriate because they are both very well known brands…Of course they both have huge finance problems but their market caps reflect this…
SPICEJET is valued at 50th of Indigo market cap and yet has 1/3rd of the amount of planes of indigo…It is also a leader in carrying the poorer indian traveller an area that has huge potential in my view as train and road infrastructure still lagging compared to other countries…I feel it is a company that will always have interest from abroad.
WOCKHARDT has definitely had huge problems but still is a well known brand name and has potentially huge prospects in the antibiotic space.it also makes reliable revenues in the API space…of course it made a mistake during covid getting in bed with russians in the Sputnik area but Covid was a very stressful time for companies…
Of course neither of these companies are too big to fail but their prospective value is tremndous…
I think a lot of value companies are not value anymore after their recent rises
Caveat…I am building up a 1 crore rupee imvestment each in these 2 companies…nearly there !
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