Incremental investment from Zerodha founders – Kamath brothers.
Posts tagged Value Pickr
Ranvir’s Portfolio (21-01-2024)
Oops. My Bad!!! Was worded incoherently. Lack of the morning coffee 
I meant to ask on what basis is a stock added or removed from the pf?
As single stock position does not have move the pf, so its contribution may or may not matter in the scheme of things.
Ranvir’s Portfolio (21-01-2024)
Rallis India –
Notes from Q2 FY 24 concall –
Financial outcomes –
Sales – 832 vs 951 cr
EBITDA – 133 vs 117 cr( margins @ 16 vs 12 pc )
PAT – 82 vs 72 cr
El-Nino conditions in India, Global overstocking (high channel inventory) of agrochemicals – adversely affected both domestic and export sales. Lower topline is also attributed to softening RM prices
Channel inventory correction may still take some more time ( 3-4 months or so )
New product’s production started from Dahej multi purpose plant ( that of Difenconazole ). Another Contract manufacturing product to go live from this plant over the next few Qtrs
Q2 revenues break up –
Crop care revenues – 737 vs 923 cr ( down 20 pc ). However, domestic volumes were up 5 pc. Exports declined by 50 pc
Crop care PAT – 79 vs 89 cr
Seeds revenues – 95 vs 28 cr ( up 240 pc ). Cotton hybrid continued good sales momentum
Seeds PAT – 3 vs (-) 18 cr
Contract manufacturing business performed well in Q2. Future outlook remains good
Wrt Difenconazole – aim to sell it in SE Asia and Indian mkts. Company will be selling this to multiple customers
The next molecule ( whose production starts from Dahej MPP in Q3 ) – is being produced exclusively for a single customer ( company did not disclose the name of customer, molecule )
Company resorting to shorter purchase cycles to manage the RM price volatility. Lower/Stable crude prices are positive for the company
Company aims to reach 60:40 as Domestic : International sales in the medium / long term
Company’s seeds business has a heavy skew in favour of Kharif season. Likely to continue for a few more years till company is able to gain traction in Rabi crops
There is no demand destruction in the international markets. Its the high inventory levels that are causing all the problems
Disc: not holding, not SEBI registered
Deepak’s Portfolio – Feedbacks are welcomed (21-01-2024)
Some advice for you
- strong fundamentals only
- Don’t avoid PE
- NO penny stocks at all
- DO not sell
- “Compounding” this one single word can change the game.
Deepak’s Portfolio – Feedbacks are welcomed (21-01-2024)
If you have started your investment journey in 2023
Keep investing in mutual funds.
Keep learning about stocks. After 3-4 years of experience you can start picking direct stocks.
IDFC First Bank Limited (21-01-2024)
Nope, it’s current BVPS as on 31st Dec.
Deepak’s Portfolio – Feedbacks are welcomed (21-01-2024)
Hi ValuePickrs,
I am Deepak …
I have started investing in stock market since Jan’23…
MY INVESTMENT STRATEGY
My investment strategy is focused two key points :
- buying good business at the reasonable prices.
- Consistent compounder
I am new to value investing.
My portfolio :
ICICI Bank – 19.2%
HDFC Bank – 19.2%
NIFYBees – 13.4%
BANKBEES- 1.9%
GoldBees – 0.7%
NTPC – 4.4%
Reliance – 4.3%
IOC – 3.8%
LIC – 8.8%
Deepak Fertilizer – 8.8%
TCS – 7.3%
PCBL- 3.3%
BPCL- 2.8%
INFY – 2.6%
…
MF Portfolio…
My investment Style –
Doing SIP in PPFAS, Nippon India Small Cap.
I want to switch from Debit Mutual funds to equity share preferably small caps. Could not find any good stock with reasonable valuation.
Suggestion are welcomed.
The PSU Rally- Could Another Ketan Parekh Jack Up Prices Now? (21-01-2024)
As I said, its all about the balance and mental model (which varies person to person). I am still holding most of it. Sold some, to reduce the risk a bit (by discarding the ones, which I bought at higher level), so that I hold the remaining with some more comforts. Ofcourse there was little hope that the price may corrects after the result and maybe I would get a chance to add more a bit lower level. Didnt happen… you win some loose some.
Well the regret part I think it is Marwadi proverb- Bech ke pastao … hehehe its more relevant in this kind of crazy market, like there is no tomorrow.
ZEE Entertainment – Large Cap M&E (21-01-2024)
Puneet with 4% (tail) can’t be allowed to wag the 96% (dog) shareholders
Smallcap momentum portfolio (21-01-2024)
Agreed, but everytime they show us the current PF like a mutual fund. For winners yes it is important to keep weightage less than 10% if holding 10 stocks. Still don’t see sense in having stock with 1% weightage.