Hello, I joined recently and this is my first post only. I am in market since 2006. However, from 2006-2009, I was only trading and few picks for short/medium term. Gained + Loss = Overall loss Result. :( Then i start investing seriously in 2010 to build my long term wealth.
Here is my portfolio, and inviting feedback from valuepickr members.
| Scrip | First entry time | Allocation |
|---|---|---|
| Godrej Industries | Early 2010 | 14.5% |
| Century Textiles | Early 2010 | 11.3% |
| Yes Bank | Early 2011 | 13.5% |
| IndusInd Bank | Early 2011 | 12.2% |
| Wockhardt | Early 2011 | 8.1% |
| United Spirits | Early 2012 | 17.2% |
| Bajaj Finserv | Recently | 8.6% |
| Tata Global | Recently | 7.6% |
| Sintex | Recently | 7% |
| 9 Stocks | Started in early 2010 | 100% |
In 2010, I had some 20-22 stocks but i exited many in profit/loss to concentrate on 8-10 stocks. I don't invest in any small cap anymore. Generally, I look Market leader, Excellent management, Brand, PE-RE-Rating candidate, Moat, Value-unlocking, consistent growth, etc.
Wockhardt was my best bet. It gave me 500%+ return in 2 years. Exited 75% and bought Tata Global. United Spirits was my 2nd best pick. Holding 75% and booked 25% recently. Also exited Voltas, Jain Irrigation, Bhel in loss to Buy Bajaj Finserv and Sintex.
Investment thesis.
Bajaj Finserv - Excellent growth in NBFC and Insurance. A candidate for bankinglicencee. Under-valued on pe and peers.
Godrej Industries - Excellent Growth in allbusiness(real-estate, Agri, Food andbeverages, FMCG, Chemical). Best management and hoping for value-unlock in Agribusiness.
United Spirits - I am expecting 100 EPS and 50 PE in few years due toDiego.
Tata Global - India's No 1 in teabusinessand stake in Tata coffee. World's No. 1 in tea segment. Starbuck deal can be game changer. A candidate for PE re-rating.
Century Textiles - Land bank play +Expansioncement capacity in couple of years. Let's see Value pick or Value trap.
Sintex - Balance sheetrepair like Wockhardt. High Risk-High return kinda stock.
Yes Bank and IndusInd Bank - Excellent growth and Great management. One is better in retail and another in corporate segment. Hence, I bought both.
Regards,
Amit
Allocation | Godrej Industries | Early 2010