Thursday, August 29, 2013

Markets Down

Markets are down for the past few trading sessions and are likely to be down for a few more days. I believe everyone know the reasons, if not it is majorly because of the FII's pulling out money from markets which may have happened to our domestic reasons[policy making or current account deficit] and may also be partially due to western markets becoming attractive. The reasons can be many and i am not the best guy to write on this subject. 

I did a check on my portfolio[which is necessary] when the markets are down for 8 trading sessions and  see that my portfolio returns for this year stood at 6.7% compared to 2.57% in my earlier post

Well there was marginal fall in the shares i hold [like cera] but due to the gold holdings in my portfolio [gold value increased in the past couple of weeks] the portfolio returns improved.

It feels good that my portfolio did not crash but i think it is just by chance.

Currently as we see most of the papers write about markets in front page,most of the people say its better to stay away from markets. I personally feel these kind of situations open up opportunities for retail investors since there will be lot of good business available at a decent price. These kind of markets can also create great businesses available at good price.  
If you are an investor who can evaluate stocks then its time to look for business who had good returns in past three years with strong management and have scope to do well in the next five years. Select the stocks mostly among big companies which can assure good returns in the next few years to come.

Tuesday, August 20, 2013

VST Tillers Quartely Report

Recently the quarterly results of VST Tillers had come out. Looking at the sales figures the company had done decent enough compared to the earlier quarters. 

  • Sales have increased by 6.3 % compared to previous quarter
  • The operating profit had increased by 25% compared to previous quarter
  • Net profit had increased by 21% compared to previous quarter
  • Recently the company paid a divided of Rs 9 upon a face value of 10.
  • The company is debt free
  • The market cap of the company is 357 crores with a projected sales of over 500 crores
  • India had a good monsoon this year,which might push up the farm merchandise sale[ this is an assumption]
Overall this looks like a good stock to hold for a few more quarters.

During the last friday crash  in stock markets i could notice this company held up in green. The volumes on this company are very low which might be the cause of staying in green.

Saturday, August 17, 2013

Steve Jobs - Stay Hungry Stay Foolish

Though this had got nothing to do with investing....its a nice video to see and good text to read upon.

Tuesday, August 13, 2013

Added Allahabad Bank


Today I had added a position in Allahabad Bank bringing down the whole cost price in my portfolio.
I feel in short term [1-3 months] it will go up to 110 levels. I am not an analyst but this is my gut feeling about this stock. Please do your due diligence before investing

Wednesday, August 7, 2013

Update on Exited stocks

I  would like to provide an update on exited stocks.  I see that CEBBCO had a further slide and came down to 8.40 rupees,while Zylog slide continued to 11. The slide can be due to negative market sentiment or problems with the quarterly results or decline in promoters stake. Anyways i think going forward it would be a good choice to have a stop loss. If the company prospects are intact then it would be a good choice to add the stocks to average out the purchase price. If there is an iota of doubt about the company then it would be wise to exit at the earliest[in case of unrealized loss] and find a promising opportunity.

Tuesday, August 6, 2013

Portfolio Update for H1 2013


I would not write a detailed post on the first half portfolio update.
Following is an outline set of numbers of my portfolio performance.

Overall my portfolio returns were -9.89% 

I lost most of my money in two stocks which i thought will turn out to be very good short term i lost money and  booked a loss. In longterm the story might be different.

As you see i lost money so I will try to get better with time.

Below are my top holdings as of now

Stock NameProfit/LossPortfolio Holding
VST Tillers2.10%24.04%
Allahabad Bank-25.16%16.79%
Cera Sanitary Ware20.58%26.44%
GOLD ETF2.60%32.74%
Total holding returns2.57%