I have been following this forum for few months now. Finally, putting down my first post.
I have been investing in stock market for a few years now. My early style had been to stay out of market most of the time (with limited portfolio) and only get in during major/minor crisis (Lehmann crisis, demonetisation etc). The stocks would get liquidated in favour of real estate at specific times.
I am now done with real estate, which essentially means I need to be continually invested. My portfolio currently looks like this
- APL Apollo - barring last quarter, was quite impressed with their trajectory and almost the beginning of a brand here. Average entry - 1455
- Ice Make Refrigeration (SME) - IPO price (good upcoming space)
- RM Drips (SME) -average price of 56 (liked the MD)
- Kajaria - average price of 480 (market leader etc)
- Century Plyboards - average price of 210 (again market leader)
- KRBL and LT Foods (450 and 70)
- Exide and Amara Raja (200 and 800) (betting on lead prices to reverse direction)
- Lupin and Aurobindo Pharma (900 and 600) (expecting tide to turn)
- Star Cement and KCP (105 and 110) (Star has good brand in Eastern region - checked personally and KCP was good value at replacement level)
- NESCO (475) - getting 10% rental yield at these prices. So, a proxy for real estate and with land back that will slowly increase the yield.
- Jindal Saw (85) - interest arbitrage opportunity
- DHFL and Shiram Transport Finance (270 and 1200) - looked too beaten down and could not resist picking up. I like SRTR, which has been in my portfolio in my earlier journey as a small cap (so, old love maybe as well)
I have a fairly long term view - retirement view. I am currently also overweight on cash (parked in liquid funds + FD) as I anticipate more bad news to come in (30-70 as of now). So, I can add to existing positions or create new positions.
Would like view both in terms of portfolio as well as my equity allocation percentage.