Mylu long term Portfolio

mylu · January 5, 2020, 10:11am

SIP Done, Latest

Finally CDSL is in positive territory

homemaker · January 24, 2020, 5:28am

Highly concentrated portfolio. Less diversification means greater risk. But sip strategy mitigates the risk. Great to see all positive.

I approach it differently. Highly diversified ( 25 stocks) but I invest lump sum when indices are significantly down.

yourraj · January 27, 2020, 6:18am

i may be disagree with you though the majority is true but one should not generalized over all govt companies as there are instances where the PSU’s have made wealth and in commanding position It vary from case to case classical example is inderprastha gas limited , couple of Gujrat based fertilizer pants ( though they are cyclically down ).
the reason why majority of Govt lead companies involve in wealth destruction as there is lack of accountability and frequent transfers and individual’s own benefits at priority than of company’s

Regards
disc: not invested in IGL This is not any buy or sell recommendation

mylu · February 5, 2020, 11:39am

Latest after this month SIP

mylu · March 3, 2020, 4:35am

Latest after this month SIP… Due to market crash , down not worst

Symbol	Average Price	% Gain	% Allocation
CDSL	235.34	9.2	21.71%
CHOLAFIN	292.6	4.14	19.47%
INDIGO	1202.1	3.4	19.31%
TCIEXP	592.25	40.06	19.30%
VGUARD	216.92	-5.96	20.21%

james_kerala · March 3, 2020, 6:09am

Hi @mylu, How do you view V-Guard now ? The script corrected a little bit and was stable in the mayhem

ism20 · March 27, 2020, 7:18am

Hi @mylu as the travel industry in trouble due to on going issue and a lot of uncertinities, any decissiom taken in indigo script? Or you are in wait and watcch mode? Thanks

jamit05 · March 27, 2020, 3:17pm

Cholafin is a holding company for Cholamandalam Group. Just like that Bajaj Holdings is now, finally available at a lower Price/BV. Would you not prefer it?

mylu · March 28, 2020, 4:02pm

I dont see any issue on this counterthough down due to covid-19…scrip is in attractive zone.

mylu · March 28, 2020, 4:04pm

No plans for selling any of my scrip… I feel that all my stocks were able to fairly hold the ground.

mylu · March 28, 2020, 4:05pm

No plans to switch now… I am very comfortable with cholafin.

ramanhp · March 28, 2020, 5:15pm

Really interested to know what you think of Indigo. Crude is a relief but it is facing a black swan event. Even otherwise, the sector is so prone to disruptions that a long term bet on it becomes extremely risk. Keen to know you views since you have an extremely concentrated portfolio. Thanks

mylu · April 1, 2020, 4:49pm

I think COVID-19 clearly showed that there is no specific industry which is isolated from risk… Indigo is the only airline which shown profit for many quarters and have a good occupancy.

The current slowdown has impacted the stopping of the flights across all airlines… Once its up , they will continue to be the leader.

mylu · April 1, 2020, 4:53pm

Latest after SIP

Symbol	Average Price	% Gain	% Allocation
CDSL	233.64	-7.25	20
CHOLAFIN	255.75	-44.14	20
INDIGO	1141.44	-12.48	20
TCIEXP	583.47	-6.93	20
VGUARD	207.21	-23.15	20

Investor_No_1 · April 1, 2020, 5:18pm

Appreciate your sticking to basics, strategy and investing as per your style. However, such markets sometimes presents opportunities beyond our current portfolio. Thanks

mylu · May 6, 2020, 4:36pm

SIP Done. Latest Below

raj_shrikhande · May 6, 2020, 5:11pm

This is my first comment on the value pickr. I think you can be little flexible with your strategy . Last 4 months your average buy prices are almost in the same range when market were down by 30-40% except cholafin averaged down 10-20%.
Just a thought

lprabhu1107 · May 6, 2020, 7:36pm

Appreciate your conviction with Indigo given that the Aviation Industry is in turmoil at present,

Cash Reserves will deplete in few months
Government support will be almost Nil compared to other countries where government has supported airlines during these tough times
Aviation related taxes in India are the highest in the world, giving no reprieve for Airlines
No one knows when the demand will pickup to reach reasonable seat factors with yields. Speed with which consumers return to air travel will depend on their financial circumstances
5.The prospect of global recession that is more severe than the global financial crisis casts a shadow over the outlook, adding further challenge for airline looking to boost consumer confidence to travel
Other uncertanities like Social Distancing within aircraft resulting in reduced capacity and increased prices, Process of getting in to airplanes is going to be longer and safety concerns

Its going to be a long recovery path for Aviation…

dreamer · May 6, 2020, 8:02pm

My first contribution.
I think you are looking for a “fill it, shut it, forget it” strategy. In that case, its always better to invest in less risky instruments instead of individual stocks.
Because, stock picking is not enough. You have to do maintainence also. Checking every once in a while. Say, the company you invested gets delisted; then you will be forced to exit and all the compounding will go for a toss.
So, i suggest you invest in something like index funds by doing an SIP. They will hold good( higher probability) in long run, say 20 years or more.

Harsh04 · May 7, 2020, 9:57am

I am invested in Indigo and i hope @mylu allows me the liberty to respond here

Cash reserves are almost enough for 12 months. If you opine that flights wont start for another 12 months, its a different call.
Govt will have to support generally by lowering taxes. i am really not a expert in this field so i leave it as a subjective opinion.
the point being, among all the airlines standing there, Indigo is the strongest. so if govt doesnt help at all, other airlines can be expected to shut and Indigo might be the sole beneficiary of such circumstances.
Demand will gradually pick up when people see the evidence of corona not spreading by air travel. Aviation still will remain the safest and fastest way of transportation.
I remember a lot of theories were thrown during Demonetisation and Nestle’s maggi isssue…
and today you see how the future has unfolded.
the global crisis challenges will probably be offsest by lower oil prices.
while procedures of getting into the plane can be redrawn - for eg, if today i reach airport 2 hrs before my flight, post covid people might need 4-5 hours at airport to get through the screening.
but to expect social distancing measures of 1metre or whatever it is when we are out in open to be applied to any mode of transportation is unreasonable and impractical.
would u be able to achieve these standards of social distancing in trains or buses ?