Hello Guys,

I was looking for an equivalent of "10K filings (US)" & found out that SEBI was planning to introduce a new document called The new Annual Information Memorandum (AIM) in 2014.

This document is supposed to give investors a more insight than a usual annual report does & should be quiet useful for us.

Source http://www.livemint.com/Money/ZNTbe0IShW3aDIAVgDY6dJ/Sebi-tells-listed-firms-told-to-provide-annual-information-m.html

However I couldn't find AIM document of any Indian companies. Also I was looking for SEC 10Q filing (more company details on quarterly levels) equivalents in India but no luck with that as well.

Some one has seen it for any Indian companies ?

Yes, HF exposure is high and I'm working to bring this down. Recent adjustments made as indicated earlier in this thread are my increased exposure to PI Industries and MPS and since I do not have any extra money, I have moved some money off HFCs into PI and MPS. I will update the PF once I'm done with the adjustments. But Repco will have highest allocation in my PF at least for next 2 years.

No Pharma as I do not understand the products (for example, Torrent has this Abilify recently, but not sure what raw materials go into making it, what is the demand, how to find the next product company will make etc.) though broadly I very well understand what the Indian businesses do (APIs/Formulations/CRAMS etc). But Pharma is a very big opportunity unfortunately I will have to give it a pass. As Buffett says, I do not have to make money off every opportunity, I'm fine with what I understand. But if I can gain enough conviction on a pharma company, I will surely buy into it.

Exactly for the reason you have mentioned, I have invested into MPS for that ALPHA. My PF is a bit large, so safety is prime importance and then comes Alpha, though recently I'm trying to be a bit brave for Alpha.

Thanks and please do visit my PF once in a while for your suggestions.

i see you have 60% exposure to hf . all your 4 major bets are in high quality business.I see no threat of capital erosion rather only risk is of alpha.You have no pharma exposure i see was this a conscious decision.

reacher, let's move on friendly as this particular discussion is not very important in the broader sense My calculation is only hypothetical as indicated. Also, I said "3 years or so" and did not say "exactly 3 years" - I did not want to do number crunching, make assumptions and find out how many years it will take to reach original RoE etc as this will not lead anywhere nor this is something very important as dilution is NOT happening.

I'm happy to bow my head and move on dear friend. But if it were a significant business changing thing, we would have been happy to discuss this thread bare left and right as per usual VP norms