Hi All
Updated portfolio over last 15-16 months
BPCL
Dish TV
Eicher Motor
Hindalco
Kajaria ceramics
P&G
MCX
Repco
united spirits
Ur views please
BPCL - Hold
Dish TV - Sell
Eicher Motor - Hold
Hindalco - Hold
Kajaria ceramics - Hold
P&G - Hold
MCX - Accumulate Slowly Near 900
Repco - Hold
united spirits - Sell
y sell on United spirits, when company is restructuring itself, new management wants to
run it like FMCG, which means negative working capital (lets see how it pans out)
Holding MCX from 400 level, please comment after reading previous post.
I prefer companies with good top line growth (both qoq and yoy) and profit margins more than 10% with preferably growth in margins. United Spirits fails on all those parameters. As for the future about running it like FMCG, I am not sure of that … just like anyone else.
As for MCX, I would buy it at 900, irrespective of my earlier holding cost. I would buy it because satisfies all the condition that I mentioned above. Plus it has a div yield greater than 1% and low PEG.
Sorry… to commet but If i follow PEG every quater, I will end up changing my portfolio every 8-12 weeks,
because one quater of flat sales will drastically change PEG ratio. (I like to hold stock a minimum of 16-18 months)
and on dividend yields bharti didnt give dividend in its best growth years but when it started giving out, It was slowest company to own.
Any system which can calculate production/sales boast in next quarters, temporary run down company, PE expansion will give best returns but unfortunately there is none and for that we have to read and read and read
Like metals I feel prices will start rising and therefore top line should grow over time, but PEG, dividend yeilds will follow very late resulting in cigarette butt investing.
Just an opinion, I am sure there are better ways to look at it.
Even MCX by no means at 400 was a buy looking at PEG ratio or dividend yields but gamble played out well … so at 900 it is ok??? depends if foreign investments in commodity futures is allowed…
As I said there are more ways to look at it. I have every right to be wrong
Sure. Whatever works for you. Each individual is different and that is why for a given price there is a buyer for a seller.
You had asked for an opinion, so I gave one.
thanks i really appreciate ur views. looking forward to learning from you
Posting here after a long time. wanted to give some time to my holdings and see the results
latest portfolio is below: looking for valuable advice:
WABCO india 9
Delta Corp 10
Eicher Motor 11
Icici Lombard 4
Advanced Enzymes 8
United Spirits 10
Tata Power 2
Shalimar paints 8
HDFC life 3.5
Icici Prudential 3.5
Ujjivan Fin 11
Persistent 9
Petronet LNG 11
This portfolio is not included towards Insurance, just created a basket of insurance companies allocation is same
WABCO india 9
Delta Corp 10
Eicher Motor 11
Icici Lombard 4, HDFC life 3.5, Icici Prudential 3.5
Advanced Enzymes 8
United Spirits 10
Tata Power 2
Shalimar paints 8
Ujjivan Fin 11
Persistent 9
Petronet LNG 11
Views invited