If management is not cross checking before uploading to exchange, then management is not serious, this also makes it sell decision.
I don’t think this is the case here,
They have recently done large branch expansion and Microfinance sector is not doing well at the moment, that is the reason they downgraded their interest rate expectations.
Thank you.
Right now even after this fall, I find everything expensive.
I’m employing Ed Thorp strategy,
Just see the market from the sideline until you find great opportunity and once you see it go heavily. otherwise just see things from distance.
Till then Long term debt funds are good opportunity to make some money.
3 Likes
Sold Prime Fresh complete position.
Reason: Management itself is saying second half will not be that great.
Hope to get better entry price some point in next 6-8 months.
1 Like
Now sitting on 60% cash in equity portfolio
| Equity Portfolio |
|
|
|
|
| NAME OF COMPANY |
|
CMP 25-11-2024 |
Allocation |
UNREALISED GAIN |
|
AVG INVST PRICE |
|
|
|
| Punjab Chemicals |
772.45 |
989.05 |
17.40% |
28.00% |
| Innova Captab |
499.09 |
1004.75 |
13.70% |
101.30% |
| IRM Energy |
537.21 |
364.2 |
4.70% |
-32.20% |
| Prevest Denpro |
377.47 |
555 |
4.50% |
47.00% |
| CASH |
- |
|
59.80% |
0.00% |
|
|
EQUITY |
100.00% |
|
8 Likes
Do you have a waiting period after which you will slowly deploy even if you don’t find any great opportunity?
My friend and I waited for 5 long years but the opportunity didn’t come, so I started deploying funds in equity mutual fund SIPs a couple of years back. Can’t let inflation erode the cash value right?
Usually 2-3 opportunities come every year, not expecting much this year because I see it as last phase of bull market so almost everything is expensive. Even when economy is doing great one or more sectors go through tough phases every 1-2 years, so opportunities do come.
I’m not sure why you people did not find opportunity, may be your selection criteria is too strict.
Usually market is cyclical and give excellent opportunities in every 2-3 years.
Dont worry opportunities will emerge next year, RBI is working hard to create them 
I use bonds/debt funds to fight inflation,
I would not want to invest this way, if I dont find value, would like to refrain from getting in. We invest to get more money out after a time period, if we are not getting this luxury through valuations, then there is no meaning in investing.
Thank you!!!
4 Likes
Are debt funds better than FD post removing of tax and indexation benefits on LTCG?
I have nothing else to hide temporarily, so I don’t look at tax complications for holding debt funds temporarily.
I think yes.
You never get capital gain on FD, you get only interest that too is mostly less than or equal to inflation rate, so you are actually not getting rich.
so FD is out of question.
The reason I’m in the Long term gov bond fund is,
As per present scenario, you get interest plus good probability of capital gain. I would not buy them when interest rates are down and probability of RBI increasing them in near future is high, because that will cause capital loss.
Hi…kalpesh are you taking position in India pesticides at current prices or you have completely exited from it. I think risk and rewards are more favourable at these prices. What’s your take?
I’m completely out of it and not looking to enter at this moment.
Major economies in world are facing downturn, recent GDP data shows India too is entering in that phase, at such a world situation these stock market valuations are not digestible.
sitting on huge cash position and expect a crash coming soon.
These are my thoughts and I can be wrong.
4 Likes
What are your thoughts on IPO Investing? May be you can use your cash to invest in IPO. Just a suggestion!
