Time is ripe to buy stocks – Don’t worry about corrections:
We are in a very structural uptrend of the market. India is in a sweet spot. We have a world-class leader today, a stable government, commodity prices coming down, interest rates and inflation going down. So there are a lot of ingredients added up.
There will be a market correction but not more than 3% to 4%. That will happen only if some real bad news comes in. It is difficult to say people missed the equity opportunity in India because they are not late. Yet, there is a lot of scope for them.
If you want to be apprehensive or be cautious, there are a lot of elements. But looking at the sheer fundamentals of companies and valuations, nobody has missed that and it has just started.
NIIT – very-very safely priced:
NIIT is a very good company. They have sailed through the bad times of the bad cycle of their business, the management is world class and they have placed the company in such a way that any emerging opportunity will be taken advantage of. Today at 900 crore, this is one stock which investors should bet on from a two, three, four-year perspective. It is very-very safely priced. The company is holding significant portion of the NIIT Technology and the balance sheet is very clean, the management is very professional and I am very bullish on it.
Dish TV – 100% gains expected in one year:
I have been buying Dish TV since the last year and it is an underperformer in our portfolio. Underperformance means that it has grown up only by 40% in the last one year, and midcap has shown growth at those levels. So, it is an underperformer only in terms of the way the markets have behaved.
Dish TV at around $1-billion valuation today is yet to report net profit numbers. So generally the perception is that people are waiting for the numbers and the people who have been holding it earlier have started selling it off. If somebody looks at the fundamentals of this company and its ability to create wealth in the future, Dish TV can go up by 100% from this level in the next one year.
Dish TV is a leader with around 28% market share in a country with 1.2 billion people. So there are industry leaders in the midcap and even in the small cap segment.
My confidence level on Dish TV is very high. It is near the bottom level, it is traded. So the margin of safety is very high for Dish TV.
Transport Corporation of India (TCI) – buy on dips:
TCI is a leading logistics company in this country while there is a huge growth ahead. At around Rs 1800 crore, TCI is a very good company to pick. Of course, it has moved from 60-70 in the one year to around 260 today, but I feel there is a lot of value left. There is no hurry to buy it today. There can be some small corrections coming up and you can buy it.
Zicom Electric Securities – market leader with huge potential:
Zicom Electric Securities is a small company but a leader in the industry. Zicom is growing at around 55% for the last four-five years. Even this year, the company is likely to report around Rs 1,200 crore of revenue and maybe Rs 70-80 crore of net profit and the market cap is around Rs 250-260 crore.
So there are such stories when it comes down from the top line companies, which are industry leaders and which can create a lot of wealth in this country in the coming years.
DLF – 100% gains expected:
DLF’s market cap was Rs. 18000 crore, and today it is around Rs. 26000 crore and this can even double from here in the next one year or may be 18 months’ time.
The company has strong fundamentals, and more than the SEBI order or the government attitude, the biggest challenge for it is the industry negatives. There is a lot of supply demand gap and huge inventory to sell.
There are clear indications that we are seeing a peaking out of interest rates in India. So this will help the real estate companies and DLF is definitely the leader. It can even go up by 100% from this level in the next one year to 18 months.
Sir,
In todays artile by porinju veliyath, is he talking about NIIT or NIIT Technologies, because there is a big difference in the share price of both the companies. Can you please clarify, thanks,
vinayok
email: vinayok@gmail.com
At one place in a para there it is mentioned NIIT Tech and it look clear from the sentence that he is talking about NIIT Tech!
The difference in price does not matter at all, both are owned by the same set of crooks.
He is talking about NIIT and not NIIT Technologies . he says “The company is holding significant portion of the NIIT Technology ” that means NIIT is holding a portion of NIIT technology shares.
Zicom is looking good. It should have great potential if it can earn more cash in future. The company is new and it is looking like they are on the right path.
Is this guy for real ? Companies like DLF and NIIT are great buys in his opinion ? Or is he dumping his trash on to the public ?
these kind of recommendations should be given in bright red color font to warn investors about a possibility of loss of their entire capital. one of the most noxious set of recommendations even by lowest of low standards. but then stock markets are all about caveat empetor.
I am following Mr Porinju for the past 2 years. and believe me all his predictions becomes 100% true. initially me too had a feeling that he is talking without any sense and I missed most of the stocks recomended by him but later I understood that all his predictions on a stock were 100% correct… I am sure that all the stocks he mentioned above will go up according to his prediction . he is a real stock predictor…I am a real fan of him now ….!!! hats off to Mr.Porinju…
He is for real.. did you notice NIIT jumeped a 110% in the last 3 months. Good luck NOT following him.
And why Dish TV? Isn’t it losing market share? I personally use videocon d2h and believe me there is no problem at all.
Apart from this, this guy has bought stylam ind and samtex fashion. This info is easily available. why he is not recommending that?
I could not find any data relating he bought/hold NIIT or dish tv.
This Porinju should be trashed rather than he trash his stocks on public.
He is suggesting stocks with poor management and poor quality. Can’t he find other opportunity which can provide handsome return rather than betting on morons ?
Porinju proved that he is no different broker who merely act as an OPERATOR.
Possibly those who reported here on this blog is to blame!
Do you think recent SEBI regulation regarding Research Analyst can change the way it is working now and help common investors?
Well we can’t simple trash his ideas no matter what. He has got a proven record. May be he is just averaging in CIL, NIIT..
What is more surprising is, he is breaking the pivotal rule of ‘quality management’.
Quality matters most at bear or flat market. It matter least when market is rising. That is why today lot of such operators / investment companies recommend to buy inferior business for higher gain.
However the big challenge is timing of entry and exit. 99% of investors have no clue on timing. Portfolio should have such risky business with higher gain probability no more than 5% allocation in any market situation.
He was probably the first person to say DLF is a buy at Rs 110 (Check ET NOW interview). People who listened to him are sitting on a 37% gain now. Even if you check his twitter account, his followers are sitting on phenomenal gains. So I suggest you all look at his track record of wealth creation instead of judging his recos by the quality of management. That is just a small factor in the overall picture.
Dude, investigations against Damadji have not yet begun, and in your opinion it is a buy at 110 ? Sure, some followers of some operator have made some money, but that does not make the management ethical or the stock less risky. I won’t touch any trash recommended above with a ten foot pole.
I do not know much about him but I have checked ‘Zicom Electric Securities ‘ and its prospect is looking good. Others are just any stocks you can listen on TV. Few big companies stocks comes again and again on discussion because those are considered safe. But active investors try to maximize gain by investing in something else as well. So, you guys protest or dislike is fine and I am with you, as this blog is not for mentioning only those few generic stocks – Tata, Relience, Airtel, etc.
What matters is how the stock performs, not quality of management. If you go by management quality, most stocks listed in India are not fit to invest in. DLF is I admit, a high risk, high reward call at these levels. But NIIT is a safe stock at Rs 900 cr market cap. NIIT’s stake in NIIT tech alone is worth Rs 550 cr and its corporate learning solutions business is doing very well.
Yeah, quality of a stock matters only to investors, not to followers of an operator.
Quality of stock and quality of management are two different things. What makes you think he is an operator? Just because his recommendations turn out to be good doesn’t make him an operator. But I see there is no point telling you all this because you are blindly prejudiced.
I invested some in Zicom. lets see what happen. His reco work for me or not!