I just checked. If I select 30 stocks, from universe of 750 stocks, i get one third from large cap, one third from midcap and one third from small cap. Its evenly distributed. Nothing from microcap is coming, may be because my trading volume criteria.
Posts tagged Value Pickr
Multi-Disciplinary Reading – Book Reviews (23-07-2024)
Hello @phreakv6 - just wanted to appreciate this thread. Your notes are very detailed and informative
Microcap momentum portfolio (23-07-2024)
@Mudit.Kushalvardhan It depends on the pf size that you form with Nifty 750 universe.
If you choose the top decile, of 75 stocks, it is quite possible it will contain stocks of all the pf that I hold separately.
For example: On a 6 month look back period, I give below the momentum ratio (returns / SD of daily returns) of different universe.
Microcap 250: TIDEWATER - 50.05
Midcap 150: UNOMINDA - 44.02
Nifty 50: NTPC - 20.58
If one had just 40 or 50 stocks in the pf, you may not find any stocks from Nifty 50 or Next 50.
The 75th rank (BAJAJCON) in Microcap 250 has a momentum ratio of 24.51. This is more than NTPC and hence there is no chance for NTPC to find a place in the pf even when we decide to have 75 stocks.
StageInvesting +Elliot Waves (23-07-2024)
Budget - Known - Unknown
Action Plan -Our Practice
Budget is a known event but some outcomes of the same are unknown ( like elections ) .
It is easier to prepare yourself for these kind of events ( vs unknown-unknown events )
For examples , in this budget , we have following risks :
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% of Capital Expenditure to GDP ratio ( if it goes down , it is a risk for infra sector )
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Spending on Defence , railways , PLIs, Water
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Selling of shares of PSUs thus increased supply of shares ( govt may like to do that as valuations are tempting)
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Capital Gains tax ( increase in rate or tinkering with duration)
Actions one can think before budget -Our Practice before Known-Unknown Events
If you’re a long term & believe in India story , you don’t need to worry much - just wait for the budget to get over & see the Capital allocation to different sectors - you can decrease the allocation where you see the decreasing government focus.
Yes, you should be more worried about your recent purchases where either you’re in a loss or in small profit- you can book those before start of the budget . If budget comes favorable , you can buy them at 3 pm .
If it comes bad , you would have saved some money . Yes if budget comes good , you will get your sold-positions at higher price !
Well the point is that if you are expecting big gains in those stocks, you can buy them at 4-6% higher price also - and still you would make money . The extra money paid is just an insurance cost .
If Budget is really bad - can liquidate your positions partially asap - if you wanna panic , panic early
Microcap momentum portfolio (23-07-2024)
@visuarchie , hello sir…Just one query…U r maintaining two different portfolios of smallcap and micro cap…If i select a universe of lets say 750 and rank them, will that be different than having two different portfolios of small cap and.micro cap??
Annapurna Swadisht Ltd – A Swadisht FMCG investment? (23-07-2024)
First Credit Rating Report is out. https://www.acuite.in/documents/ratings/revised/29578-RR-20240722.pdf
Important nugget → 90 Cr revenue in Q1FY25 !
Srivari Spices and Foods Limited (23-07-2024)
Very true.
However this company is not only giving the guidance, it is achieving it consistently.
The strategy is simple, you just increase your market penetration a bit more and introduce one or two products. This year they are doing the same. Thus the guidance is believable.
The real problem in this company is financing such type of growth as it needs huge amount of working capital. Their debt level has gone up a bit. But, they have already announced a rights issue which will be able to finance this growth for some time. New production units are to be financed too.
Sharing the investor presentation.
SSFL_22072024131000_Investors_Meeting_Transcript_18072024_NSE_compressed.pdf (239.1 KB)
E2E Networks Ltd – Listed small Cloud computing player (23-07-2024)
The management has set an asset turnover guidance of 0.5 to 0.6. They may be taking a conservative approach, but assumption of a 1.5x asset turnover seems aggressive in comparison.
BLUE PEBBLE- The next high growth SME? (23-07-2024)
Have seen other investors contact the management and get visits sanctioned.
Coincidentally, I live close to their head office. Will hence push for this or email communications thread for queries, if any.
Microcap momentum portfolio (23-07-2024)
@Mohana_kri thank you for your kind words.
Weekend Investing is run by Alok Jain. He runs several smallcases for different stock universe. Example: MiTop 10 picks stock from Nifty 50, NNF10 from Nifty Next 50 etc.
Can you please do a short video on how to use this program in a Google Sheet? Will be very helpful for a lot of people, including me. Thanks.