If the company is not hedging then it may have spiral effect when the INR falls. Can we get some insights why the management is against hedging?
Posts tagged Value Pickr
GRUH Finance – mini HDFC (03-10-2015)
It seems that the market is valuing Gruh more like A FMCG than a HFC because of its high ROE and div. Payout ratio. But htere are 2 points to be noted here 1. In past Gruh has grown faster than FMCG cos.
in future also it is likely to grow faster than them despite all the concerns in view of the huge potential.
2. FMCG cos. don't have to deal with NPA problem but GRUH has to. But here also the past record
comes into the picture and in future also the position is unlikely to change given the quality of Management
and its parent HDFC. No doubt, market is giving GRUH high P/E and P/BV.
KRISHAN
What you are buying in this major correction ? PF readjustment! (03-10-2015)
Chirag, considering that you do not mind me advising, I can provide couple of pointers. Those shall help you trim down number of companies in your portfolio.
Consider all those stocks listed in your portfolio as a watchlist. Then, assign each of them points/ratings for MOS (margin of safety) at CMP and Growth potential.
Once this is done, you'll be able to organize your stocks by high scoring to low scoring. Then you can take your top picks and remove the rest without emotion.
What you are buying in this major correction ? PF readjustment! (03-10-2015)
Chirag, considering that you do not mind me advising, I can provide couple of pointers. Those shall help you trim down number of companies in your portfolio.
Consider all those stocks listed in your portfolio as a watchlist. Then, assign each of them points/ratings for MOS (margin of safety) at CMP and Growth potential.
Once this is done, you'll be able to organize your stocks by high scoring to low scoring. Then you can take your top picks and remove the rest without emotion.
What you are buying in this major correction ? PF readjustment! (03-10-2015)
Yes raviraj you are right.
I am holding too many stocks but it has very difficult for me to monitor all the stocks and moreover the large caps I know i got it in inheritance, so the cost of purchase is almost nil and all are good managed company and all are multibaggers.
Yes, my portfolio value is same as it was in 2007-08, which could have been increased to many folds by this time.
I am facing lot of dilemma in cutting the list down 
Still once I was holding >85 stocks in portfolio and has settled at 45 -50, but ideally I want to settle between 20-25 stocks.
Can someone help to reorganize my portfolio ( balanced and high growth )
Thanks....
Duke Offshore – Hidden Gem? (03-10-2015)
Thanks for rectification and clarification.
What you are buying in this major correction ? PF readjustment! (03-10-2015)
Hi Chiragjain,
It seems you have too many stocks in your PF, not sure if you're able to review the performance of all the Stocks and keep track of the Corporate Actions.
Suggest if you can trim to a manageable limit.
Thanks
Kitex Garments Limited (03-10-2015)
No body is posting once the thread is open 
Kitex results are on 19th, they have indicated to declare interim dividend also this time.
Once all the doubts of cash etc are seen in Q2 BS, can there be further re rating or valuations are already stretched ?
What could be the better use of cash apart from dividend ?
There was some murmur few months back to increase no of shares, hence bonus etc ? these measures if any, can be seen huge +ve by market.
The co will also become debt free by Q2 as per recent con call, So, Q2 numbers and con call is going to be very crucial.
If the cash of 200 Cr remains as cash , this it self will propel earnings by huge number with interest income, even from debt funds etc.
In the last few months Mgnt has done lots of clean up activity to come out clean ( may be due to pressure from Mr Market/well wishers advice etc), cash conversion, brand tie up, own brand launch etc. If the numbers come good in Q2, the story may again begin fresh for many from 2/3 yr view as a min 40 % compounder !
Disc : Invested
Canfin homes ltd (03-10-2015)
This looks like a no brainer stock, with everything going right for the stock and company
- Q1 result was superb as 70 % inc in profit, all four quarters are expected to be like this good.
- RBI rate cutting will further increase the profitability with NCD/CP financing increasing qoq
- NIMs will further improve as year passes by, cost of funds decreasing
- Stock is still illiquid and under owned/undiscovered to some extent by institutions
- Any fund getting in will lead to further rerating
- A growth of 30/35 % in itself is a huge growth with NIL NPA
- RBI reducing risk wt for housing loans will further help. Avg ticket size of 18 lakh is another positive.
Disc : invested
