@Venkat.Anna wrote:
Dear Forum Members,
I have been investing in stock market since 2009 onward’s after the subprime crisis. I started earning/saving only after 2008 time. During the crisis I was working for a Wall Street Bank in US when daily I used to hear that some or the other company in US is bankrupt. Luckily, the department I was in was the one used to block all these bankrupt companies, so my job was saved. Bank also got saved as it was part of the Big Four(Too big to fail).
My earlier Multibaggers were Sterlite Technologies (10X), Arvind Mills(10X), IOCL(5X) & GIC Housing Finance(11X).
Failures - NHPC, Bharati Shipyard, Adani Power, Mphasis & Aban offshore.
I sold all my shares in Jan 2018 fearing recession in India as the economy was slowing.Here is my learning, Government decision plays a big role in stock market investing, so choose business where the government is favorable towards the sectors. Also, government will open the purse when there is a big turmoil in the economy/GDP growth(Current Situation). Government also favors businesses or incentivize the business where there is huge demand. Need to monitor those sectors closely.
Here is my list of Stocks with equal allocations of 10% each which I started adding from October, 2018. I am sitting on 80% cash waiting to be deployed before the general elections.
Nitin Spinners - It is into Cotton Yarn manufacturing. Very good management, CEO is a Chartered Accountant with all India Rank, first generation enterpreneur with long run way. Company has been a turnaround story after initial mistakes with forex, NPAs etc. It has since then made a turn around & made good capacity additions recently. Next capex is planned for Rs. 600 for production of fabric but yet to start. Good Inventory Management & debt Reduction. Expected Return - 3X in 5 years.
CAN FIN Homes - Retail HFC, Good ROE, Risk of default is less. Branch expansion is good, predominantly south India based HFC. Future growth is more in South India as the majority of the Tech companies(Young Population), lesser defaults. Company is growing at a decent pace. Expected Return - 3X in 5 years.
Yes Bank - Company is really good at marketing, CASA is GOOD, CEO has a good global experience. May be having a bad time handling the Government. ROE is comparable to HDFC bank, lot is being invested in technology which is the back bone for any bank. - 5X in 5 years.
Rain Industries - Company has a good R&D & Capacity to grow, lot is being invested for future materials used in EV. Company is cyclical with crude as the main raw material. We are in the down cycle for crude as there is over capacity world wide & emergence of EVs. - 5X in 5 years.
Mirza International - Consumer discretionary theme very good leather products. Company has good products, RED TAPE brand. - 5X in 5 Years.
ABFRL - Consumer discretionary theme, Company has good set of brands for all category of peoples, Retail Stores with Pantaloon. Quality of the products are really good - Peter England, Van Heusen, Louis Phillip, shoes, belts etc. - 3X in 5 Years, 10X in 10 Years. Long run way.
LT Foods - Consumer Discretionary theme, more people will eat Basmati Rice. Company has good products in packaged foods. - 5x in 5 years.
Deepak Nitrite - Good Management with vast experience in Chemical Industry. Capex completed recently. Long runway with Phenol & Acetone plants. - 3X in 5 Years.
Also, tracking GIC housing finance, HDFC life, ICICI Securities, Birla Cable, Bodal Chemicals, Biocon, Persistent Systems.
Kindly, provide your views on my portfolio. I have learnt lot from the fellow forum members. During my initial days, there was no forum like this to discuss on stock markets. Thanks to ValuePickr team for such a superb platform. Hope this will help n number of investors to create wealth in India as most of the shady companies have been cleaned up in the last 3 years.
Posts: 35
Participants: 16