I have been investing in the markets since the last 2 years (newbie). I am looking forward to feedbacks on my portfolio. These are the allocations:
ITC - 15.16%
Karnataka Bank - 13.34%
Tata Motors - 12.08%
BSE - 11.9%
REC - 7.32%
Repro - 6.78%
Reliance Industries - 5.92%
CSL Finance - 4.65%
Rest all is cash & short term debt
Must have in every portfolio. Has a big cash cow in cigarette (almost 80% market share). Multiple drivers of growth. FMCG turning profitable recently. Already great distribution network.
Highly undervalued bank if we see what the bank expects to achieve over the next 2-3 years. If the bank achieves RoA > 1% means the bank would start commanding a premium over its book value in few years. Expected reduction in NPAs by FY20.
Again trading way below book value. Definitely no doubt over the credibility of the management. When a company is aiming for something huge in the longer term & not caring for the short term profitability, the market hammers such kind of stock. Similar thing happened with Biocon few years back. The future is in electric vehicles over the next few years.
Highly diversified. Trying to reduce it dependency on variable income sources (equity transaction). Pays huge dividend. Trading below its cash & investment value. Equities have a long way to go in India.
Just bought it for attractive dividend yield + Power sector is not that good in India. So there is a huge scope for improvement.
Online book market is going to be huge & Repro has a benefit of early mover. Plus, they have the rights to sell kindle books as well (they haven’t started this yet).
Moving towards consumer business = Possible rerating. Reducing its dependence on Oil
The first stock which I bought was CSL Finance. A highly niche NBFC with credible management growing rapidly. The company is not yet fully levered for a NBFC (Debt to Equity of just 0.56). Cost of borrowing is low despite the company being a very small size.
Feedback needed. Thank you.