Thank you @Prdnt_investor
I should have restated the above explanation in all subsequent posting also. Apologies for the laziness! My portfolio in value-research and trendlyne.com both just reflect the IT department view on the pricing, which is not correct in my POV. But it takes extra effort to calculate and manually update the folio data.
KPI green was bought in overwhelming majority chunk in August 2022, and last buy was September 2023. So it’s one of the rare stock where the conviction lasted this long. It was easy, heard about it somewhere. Then checked KP Energy, the older listed group company was verified by @prasenjitp04, a pretty famous investor, posting here on valuepickr. Just that wind energy turned low profile and solar kicked up a storm instead in the meanwhile. In all the solar sector hype I found this very cheap also.
Tinna was identified as per running some screens, or somewhere, do not recall exactly. Then a few weeks later, luckily @sahil_vi posted some good research about this here at valuepickr. I began to know and trust more, but rejected it as not a ‘value-able’ enough find, for few weeks more. The entire chunk of the investment was bought in January 2023. Tyre recycling ESR mandate was just starting and supposed to be 100% I think by 2030. Plus they were the largest of the sector, with international reach, though European subsidiary continues to be dormant still.
Generally speaking, if at all you are still interested, since as per me these are only about 12x now. The method of picking is fast growing, bought (relatively) early. Or GARP for short, thanks to Peter Lynch.
Both were ranking about the middle in my 12-14 stock portfolio, bit closer to the top, by initial investment size. I have booked 70% of KPIGREEN because I want to explore more fast growing stocks, valuation wise. I have booked only 30% of Tinna mainly to keep folio a bit balanced, also bit pleasantly surprised by the rerating here, and just kept watching. The churn happened mainly in December 2023 when switched to promising ones like Shilchar, E2E, Ceinsys, Zen tech etc.
Keeping holding till there is enough juice left in the valuation, while minding the forward earnings (‘growth’), compared to at least better than any current ideas being evaluated. Given risk and switching costs too.
Disc: unqualified to advise, hence please do your own research.
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