Margins Have eroded like anything and so is the business, couldn’t figure out why and the reason behind the same trading volume to Manufacturing volume is 1:1 which used to be 1.4:1 still the margins dipped kind of strange since manufacturing has high margin then trading business
company used to share Investor presentation but that is also stopped
Have made the position negligible few shares just to track untill then I have shifted the same into my old Holdings, I’ll still keep the company under watchlist Just in case the financials Improves I’ll not shy taking the position @ higher price.
Till then I preferred to churn the position
The Portfolio right now is as Follows (in order of weights → Highest to lowest)
- SKP Bearings
- Creative Newtech
- Crown Lifters
(Top 3 is more than 70% of the pf) - Yasho Industries
- Galaxy Bearings
- Misc. (tracking position around 7%)
(Note – Above weights are MV weights as cost weights are hard to measure and keep the track of it)
Above isn’t the buy sale recommendation but Will love to hear VP members views
Thanks
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