Hi Tar,
I hold a lot of stocks that are in common with your portfolio, seen here.
As I learn and understand my companies and their value chains better, I’ve started to see gaps in my portfolio. This is my first portfolio, and I want to restructure it gradually once valuations become more attractive.
I’ve recently been studying Vinati Organics, and there’s a lot which relates it to IOLCP, such as their production of IBB and their links to BASF. There’s a lot to like about the company, except the current valuations.
I understand that you entered most of these companies when the valuations were attractive, and also withdrew your initial investment in IOLCP, but could you tell me what made you sell IOLCP and hold onto Vinati, as both have an exciting growth runway ahead, but IOLCP is more attractive on the valuation front.
I ask because I’ve realised that I have a lot of API manufacturers in my portfolio, and I’d like to have some exposure to a pure CRAMS company. I’m trying to decide which companies to axe.
Thanks!