Bhool Jao Purane Bhaav, Karo Nayi Shuruvaat
Vijay Kedia’s gold plated portfolio of multibagger stocks has not escaped the wrath of the Bears.
As one can see from the list below, the portfolio is now a shadow of its former glorious self and is worth (only) Rs. 253 crore.
However, unlike the rest of us who are lamenting our losses and wallowing in sorrow, Vijay Kedia is cheerful and is exhibiting optimism.
He composed a song for his massive legion of 3.75 lakh followers and advised them not to be obsessed about the failures of the past but to look at the future with faith and confidence.
“Utho karo phir se tayyari, mauka dega share bazaar,” he sang in chaste Hindi.
The song inspired his followers and was well received by them.
Listen to my new poem pls.
"Bhool jao purane bhaav" pic.twitter.com/KUk2XtlEGb— Vijay Kedia (@VijayKedia1) March 31, 2020
1 min ka video ek kitab ke gyan ke barabar hai. Pranam Guruji??.
— Ashish Kumar (@Indianwallstre1) March 31, 2020
Wow !!!! Simply too good sir. What an amazing person you are. It's hard to find people like who can smile at even such tough market https://t.co/b7OOQWB1JK are the real multibagger.
— Rahul Kochar (@RahulKo36134932) March 31, 2020
| Latest Portfolio Of Vijay Kedia | |||
| Stock | CMP (Rs) | Nos of shares | Value (Rs Cr) |
| Sudarshan Chemical | 357.95 | 1,936,739 | 69.3 |
| Vaibhav Global | 795.85 | 700,000 | 55.7 |
| Cera | 2309.65 | 140,000 | 32.3 |
| Repro India | 331.50 | 901,491 | 29.9 |
| Everest Ind | 131.10 | 950,000 | 12.5 |
| Heritage Foods | 216.00 | 468,000 | 10.1 |
| Lykis | 13.50 | 6,663,818 | 9.0 |
| Astec Life | 393.10 | 200,000 | 7.9 |
| Neuland Lab | 276.00 | 250,000 | 6.9 |
| Cheviot Company | 518.45 | 100,740 | 5.2 |
| Innovators Facade Systems | 21.35 | 2,010,632 | 4.3 |
| Kokuyo Camlin | 41.60 | 1,010,000 | 4.2 |
| Atul Auto | 136.70 | 253,451 | 3.5 |
| Yash Pakka | 21.40 | 520,806 | 1.1 |
| Panasonic Energy | 103.15 | 93,004 | .95 |
| 253 | |||
Repro India is a godsend for the publishing industry
Repro India is one of Vijay Kedia’s all-time favourite stocks.
He is not only the single largest shareholder of the Company but has also recommended it us on umpteen occasions.
The reason for his fascination with Repro is because he believes that it will someday disrupt the publishing industry the way that Apple disrupted the Computer and Phones industry.
Next Big thing and theme is "Disruption". Anything which can be disrupted will be disrupted.
Let's find such story.— Vijay Kedia (@VijayKedia1) December 8, 2015
@Mayank50feather yes. Rapples also but mainly one book factory is very big disruption from Repro.
— Vijay Kedia (@VijayKedia1) December 10, 2015
In his latest article in Outlook Business, Vijay Kedia has described Repro as a “godsend”.
“Repro India has created a print-on-demand solution where it prints a book after the customer has bought it, hence disrupting the decades-old existing supply chain,” he has stated.
“Its solution fulfills the demand through various channels – by aggregating, digitising, listing titles on online storefronts, producing on demand, delivering anywhere in the world. Repro has done this through tie-ups with the world’s largest e-retailers – including Amazon, Flipkart, Paytm, Infibeam, Rediff and Snapdeal,” he has added.
Publishing industry expected to grow to ~80-100 billion in the near future
In the article, Vijay Kedia has also given further cogent reasons as to why Repro is likely to emerge a winner.
He has pointed out that India is presently the sixth-largest book market in the world with a massive number of people buying online.
Already, around 100,000 books are sold per day through online marketplaces.
In fact, books account for nearly 15% of the overall e-commerce trade, just trailing behind electronics at 34%.
He has also pointed out that the Indian e-commerce market is expected to grow to $200 billion by 2026, and the online book market in India is expected to grow to ~80-100 billion in the next three to five years.
He has opined that Repro is ideally placed to solve a number of problems and challenges plaguing the publishers in the traditional way of doing business.
“The Repro solution is a tech platform that aggregates content from publishers all over the world and reaches more books to more readers, anytime, anywhere,” Vijay Kedia has explained.
He has also equated Repro with successful Billion dollar aggregation platforms such as Uber and Airbnb which connect products and services to users.
“The publishers can focus their energies on creating a book, making no other investment. The industry need no longer be bogged down by worries about inventory, obsolescence, returns and wastage,” he has argued in a convincing manner.
After a brilliant analysis of several other issues, Vijay Kedia has concluded that Repro is be entering an exciting phase of growth with its capex almost over and commercialisation of the new capacity set to start in FY21.
He has also pointed out that the balance sheet has become healthy with debt/equity ratio falling to 0.35 in December 31, 2019, as against 0.52 in March 31, 2019.
The operating cash flows have been improving and the company may start generating healthy free cash flows from FY21.
He has also pointed out that the old printing business could continue to be a cash cow for the company and generate a healthy working capital cycle.
“Being the first-mover in this space, we expect Repro India to have minimum one-third market share in three to four years, and we are confident that it will disrupt the industry in a meaningful way,” he has concluded.
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