Thanks for your reply, Trent was at 1700 level last year July and was 35% of my portfolio. In last 10 -12 months the the momentum was so strong that the stock more than tripled from its last July level. It was difficult for me to exit as I wanted to ride the momentum, Trent has almost doubled my entire equity portfolio in just 12 months. This is a pleasant problem to have. I am 59 and have 55% in equity. Normally I keep only 45% in equity and 55% in debt funds, but this excess in equity is thanks to bull run, I am going to rebalance slowly to make it 50/50. The problem is when to start reducing Trent. I am not in a hurry as I already have my expenses covered by interest income on Debt part of my portfolio. I have experience of my equity portfolio going down by 60% and then recovering back. I plan to go passive when I reach 70.
Posts tagged Value Pickr
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (18-07-2024)
In the letter to Shareholder, CEO says that the agreement with the Global Tech Giant (which is Whatsapp as per ET article above), has global mandate - this is very interesting !!
Bulk Deals Bi-Weekly Log (18-07-2024)
Can you kindly elaborate how we can use quantitative trading firm buy sell data to predict breakouts in stocks?
Srivari Spices and Foods Limited (18-07-2024)
Anyone attended the Concall?
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
Exactly, my only worry is that overvaluation can persistent for a very long time. If there is some positive news on Capex in the budget we can again see an upward momentum and the wait for fair valuations will be longer.
Samhi Hotels – Turnaround with Tailwinds (18-07-2024)
The hotels took a bad cycle during that phase due to over capacity and also due to whole Real Estate sector suffering. On top of that they had alot of leverage so execution was tough. The real question here to answer is given the FCF generation and potential to delever in the next few years is Samhi cheaper than the peer group? do they deserve a better multiple?
Samhi Hotels – Turnaround with Tailwinds (18-07-2024)
The hotels took a bad cycle during that phase due to over capacity and also due to whole Real Estate sector suffering. On top of that they had alot of leverage so execution was tough. The real question here to answer is given the FCF generation and potential to delever in the next few years is Samhi cheaper than the peer group? do they deserve a better multiple?
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
I am not expecting a derating as such. Even though this company has amazing fundamentals and a very clean management, I don’t think current valuations are even close to fair valuation.
I am expecting a time correction and let the fundamentals catch up to these stock valuations. And if not, if there is a price correction, that is even better. Polycab, which is a much bigger player in this category, has a PE close to 50. KEI is now at 70.
As of now, price is running ahead of Fundamentals and this is not sustainable.
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
I am not expecting a derating as such. Even though this company has amazing fundamentals and a very clean management, I don’t think current valuations are even close to fair valuation.
I am expecting a time correction and let the fundamentals catch up to these stock valuations. And if not, if there is a price correction, that is even better. Polycab, which is a much bigger player in this category, has a PE close to 50. KEI is now at 70.
As of now, price is running ahead of Fundamentals and this is not sustainable.
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
Its a little tricky phase. With this pace it might very well break 30 weekly ema which indicates sell…but on the other hand, upcoming budget may continue to spend in infra which will need cable and wires extensively which can benefit KEI. Though in general 70PE is considered high for sure. Open for thoughts