My average buying for Vidhi is 40 odd and the price rose from 20 odd few months back. Promoter stake is at healthy 65% n co is moving to expanding its manufacturing from trading. Opp size is large n MOS is there so would stay invested.
Satin listed at 90-100 recently. My entry price is 223. MFI is one of the few sector where opp size is so huge that CAGR is expected to be 30-40%. The co is promoted by a professionally qualified CA who is a first gen entrepreneur with growth mindset. Best n essential part for any finance co is low NPA which a MFI enjoys as average poor retail Indian is very honest compared to an average unethical industrialist.RBI supervision which caps intt charged n credit bureaus specialising in MFIs also helps.
Premco we need to wait til Vietnam plant is commissioned . Co management has been visionary to expand there to take advantage of forthcoming TPP treaty which will deeply impact other India textile cos.
I have also invested heavily in to recent Indigo IPO due to v competent n frugal management , huge opp size which just got multiplied thanks to new aviation policy, RONW of 200-300%, crude expected to remain soft for next few yearns entry of marquee investors including bid of 400 cr by our RJ
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