Seven Wonders - JK Portfolio

Below is my portfolio

Vakrangee @ 102.5
Yes Bank @ 303
Bhansali Engineering @ 180
Dynemic Products @ 208
Ruchira Papers @ 174
Maithan Alloys @ 863
Gravita @ 161

All stocks have been given 15% allocation at time of entry.
Please provide your feedback/comments…

Seems each one of these scripts going to show wonderful performance :smiley:.Could pls share why you have chosen these7…

  1. Sales growth>15
  2. Profit growth>15
  3. ROE>15
  4. Dividend >0
  5. Expansion plan/Capacity utilization
  6. No or Minimal Debt
  7. Cash Flow from Operations > 0

Never average down only average up if needed.
Book profit/loss when above fails.
Above are the framework that I follow…

If Vaky is a real business then it is a wonderful business.

2 Likes

Following points makes me feel its real
Debt Free
No Pledge
Dividend
Bonus
Buy Back
Policy announcement on future handling of investments

Market didn’t like its PC Jeweler investment(Personally I’m not sure if it was good/bad)
Sales in Kendra is being questioned as abnormal but 1.2Lk/month sales is nominal, to me it should go up to 2Lk/store/month
Computer Purchase is also questioned based on no of employees. I think Vakrangee buys and gives Computers/Printers to Franchise for the investment they make.

I do not track the stocks you have mentioned. But I think it is a risky strategy to have 5 out of 7 stocks in your portfolio as cyclicals and one with questionable management integrity(I meant vakrangee here, but yes bank have been found to be aggressive in classifying NPAs as well. I still find this to be among the best private sector banks ). Unless you are an expert in cyclical play, I would suggest to have no more than 20% of your total portfolio at any given time in cyclicals. If you do not know already, there is a separate thread to play cyclicals which I recommend you to follow.

1 Like

Thanks, Sure will through the cyclical thread.As of now couldnt find better opportunities.Will switch if needed after results and better ones found. Agree Vakrangee management were involved in some misdoings a decade back looks they have changed and doing better. Anyways no sentiments attached to any stock will cut off whenever needed. Thanks for ur views.

If one could settle on larger caps that met similar criteria, but at better than current valuations, then I suppose it would be stellar.

Now it is time to introspect !! It is very easy to destroy wealth and difficult to build it !!

1 Like

Ha Ha,You are right…

Current Portfolio
NUCLEUS
SAKSOFT
MARKSANS
IOLCP
AMRUTANJAN
BAYERCROP
PGHH

1 Like

Current Portfolio
MARKSANS
IOLCP
AMRUTANJAN
PGHH
THYROCARE
HCLTECH
BEPL

Were you able to exit Yes bank and Vakrangee…How much did ur PF take hit during the smallcap meltdown of 2018-2020?

Escaped in Yes bank…In Vakrangee had chance to exit only @ 50% loss…

Current holdings
BAYERCROP
EMAMILTD
RPGLIFE
CIGNITITEC
TVTODAY
PDMJEPAPER
DEEPAKNTR

Current Holdings
KARURVYSYA
GABRIEL
ITC
FINEORG
FINCABLES
SOTL
GMDCLTD

SPLPETRO
RHIM
TCI
MARUTI
VINYLINDIA

Apar Industries Ltd
Bajaj Consumer Care
Caplin Point Laboratories Ltd
GE Shipping
Hero MotoCorp Ltd
Investment & Precision Castings Ltd
Jenburkt Pharmaceuticals Ltd
Keltech Energies Ltd
NRB Bearings Ltd
Ugar Sugar Works Ltd

exited Heromotocorp

current holdings
Apar Industries Ltd
Bajaj Consumer Care
Caplin Point Laboratories Ltd
GE Shipping
Investment & Precision Castings Ltd
Jenburkt Pharmaceuticals Ltd
Keltech Energies Ltd
NRB Bearings Ltd
Ugar Sugar Works Ltd

Current Holdings
20 Microns Ltd
GNA Axles Ltd
Jindal Stainless Ltd.
Linc Ltd.
Man Infraconstruction
Som Distilleries & Breweries Ltd
Uttam Sugar Mills Ltd.