@Likhitp – I consider HUL as a very good, competent company ideal for holding & long-term investing. Reason for not adding so far (I did have a small position sometime back which I had exited) is probably because with limited capital & already high allocation to FMCG, I wanted to focus & chose companies which I felt had a gap to fill (after of course the company passing the corporate governance & management ethics part). I see HUL as already a highly efficient company present in most of the areas they can target. Also, its the largest FMCG company so among large caps and already efficient companies, I think I chose a Nestle over HUL considering better gaps for Nestle to fill at product level in India. I may agree with you that consolidation times are probably the best times to accumulate highly efficient and fully valued companies and so are the times of dips & market crashes…
Disc: Not a buy/sell recommendation. Views for academic purposes and I can be wrong in all my assessments. Not eligible for any advice
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