Monthly Update
Sold goodluck India after management analysis.
I would have sold it much earlier but kept is little longer and sold it after the result near 850.
It is more about not painting the complete picture and the compensation of key members as percentage of the PAT since last three years.
Though it feels that management wants to build their business and keep putting money in the business which is good.
Their business in which they supply the tubes to the auto OEM is attractive and when they start becoming the category 1 supplier to the OEM, then obviously I might think again to buy.
Updates in stock filtering process
Recently added another source of stock ideas.
Reminder to myself.
- Buy stocks only in tailwinds or the tailwinds can be ascertained in upcoming quarter or two.
- Also, when a sector performs, all stocks in a sector performs.
- Everyone has different goals in life and one should focus on his path instead of diverting from it even though you might find other’s path attractive sometimes. We should always question whether following others path will help you achieve your final goal, if not then why to be in FOMO.
| Subscribe To Our Free Newsletter |
