sudhashbahu's Portfolio

I am buying Zensar purely on the basis that insiders (promoter group folks) bought recently at a price higher than CMP.

I am following along because Zensar had good growth last quarter and has low P/E compared to peer group (therefore the assumption that down-side risk is capped)

The small investment in Mahindra Lifespace and Torrent Pharma was based on a recommendation on ICICIDirect.

The investment in Gulf Oil Corp is based on "heat of the moment" decision after hearing rumours of a demerger.

I am also planning to buy some Mahindra CIE Automotive shares based on another recommendation on ICICIDirect.

Nothing scientific in my investment. Follow at own risk :goodnight:
 
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Bought 93 shares of Mahindra CIE @ Rs 107 [Excluding taxes and charges]

And I didn't notice ... I also bought 15 shares of Cairn India @ Rs 348.67 on 25th April [Also based on ICICIDirect recommendation]
 
The small investment in Mahindra Lifespace and Torrent Pharma was based on a recommendation on ICICIDirect.
ICICI Direct recommendations and research is usually very poor except a few reports once in a while. I lost money during 2007-08 depending on their foolish recos.

Will advise caution here. I find research from HDFC, IIFL, Edelweiss and India Nivesh better. Rest most are cut-copy-paste stuff with fictitious targets posted thereupon.
 
ICICI Direct recommendations and research is usually very poor except a few reports once in a while. I lost money during 2007-08 depending on their foolish recos.

Will advise caution here. I find research from HDFC, IIFL, Edelweiss and India Nivesh better. Rest most are cut-copy-paste stuff with fictitious targets posted thereupon.
Thank you. will keep in mind.
 
More action ...

Yesterday:

Booked partial profit in Zensar Tech. Sold 15 shares at Rs 414.
Bought 5 Bharat Electronics @ Rs 1281.43
Bought 10 Cummins India @ Rs 656.12
Bought 10 Ingersol Rand @ Rs 654.11
Bought 10 KSB Pumps @ Rs 514

Today:

Added 15 Kaveri Seed @ Rs 631 (Excluding charges/taxes)

May add more Bharat Electronics if price falls.
 
[All prices excluding taxes and brokerage]

Bought:

2 Tech Mahindra @ Rs 2014
16 Cairn India @ Rs 371.85
5 Container Corp @ Rs 1155.15
3 Bharat Electronics @ Rs 1829
12 Cummins India @ Rs 630
55 Mahindra CIE @ Rs 115
55 Mahindra CIE @ Rs 112

I have gone overboard in buying in to 4 Engineering firms (Bharat Elec, Cumins, Ingersol & KSB).

I think I will keep only Bharat Elec and sell of the rest.
 
Too lazy to provide consolidated portfolio position. May post screen shot if attachments are allowed.

I know I can post image somewhere and link here, but I already said I was lazy :tongue:.

I think small attachments (< 100 KB) should be allowed.
 
Nervousness due to Iraq and Ukraine developments. Sold large part of portfolio.

Trying to get out of the market.

Sold: Torrent Pharma, Bharat Elec, Cummins, Mahindra Lifescpace, Kaveri Seeds, KSB Pumps.

All sold at close to cost price with some very marginal profit.

Also sold 25 shares of Zensar at Rs 395.
 
Nervousness due to Iraq and Ukraine developments. Sold large part of portfolio.

Trying to get out of the market.
Think for a moment before acting. Should some patient stop buying medicines for Iraq and Ukraine crisis ? Should cotton farmers stop planting seeds due to this ?

Many such crisis would come and go.

Investing in equities is more about temperament and avoiding the same mistakes all over again.
 
Think for a moment before acting. Should some patient stop buying medicines for Iraq and Ukraine crisis ? Should cotton farmers stop planting seeds due to this ?

Many such crisis would come and go.

Investing in equities is more about temperament and avoiding the same mistakes all over again.
PI-ji, you main point is well taken. Not only do I tend to make many "spur of the moment" decisions, but I keep repeating the mistakes instead of learning :(.

However, I think everything is more inter-related than you think.

Patients will not stop buying medicines due to Iraq crisis. But in the same way I don't think they stopped buying medicines because some sub-prime loan takers in US could not repay their loans ... but Torrent pharma did fall along with others when the sub-prime crisis hit. Crisis gives rise to panic and panic does not follow logic ... just as I did not follow any logic :)
 
PI-ji, you main point is well taken. Not only do I tend to make many "spur of the moment" decisions, but I keep repeating the mistakes instead of learning :(.

However, I think everything is more inter-related than you think.

Patients will not stop buying medicines due to Iraq crisis. But in the same way I don't think they stopped buying medicines because some sub-prime loan takers in US could not repay their loans ... but Torrent pharma did fall along with others when the sub-prime crisis hit. Crisis gives rise to panic and panic does not follow logic ... just as I did not follow any logic :)
You cannot tag every emerging crisis with the same severity as that of the Sub prime crisis. Indian equity markets after a profound bull run of 2003-2007 were at insane high levels with investors/traders laced with highest leverage possible.

Thus once the strings were pulled everything fell apart and the high leverage led to a huge chain reaction.

After 2008-2013 consolidation we are hardly there and hoards of money both domestic/FII are waiting on the sidelines to jump in. NaMo Govt gives a chance of progressive decisive govt after 30 years and economy/markets are bound to surprise you over 2014-2017

It is essential to remain invested with large part of your networth in equities and keep adding on dips. Time for FDs/NCDs are done. As I have seen in my own case, disciplined investing have yielded great results and returns even during the bear phase.

So no point shutting down this early. Just don't chase momentum, keep adding the ones you follow diligently.
 
You cannot tag every emerging crisis with the same severity as that of the Sub prime crisis. Indian equity markets after a profound bull run of 2003-2007 were at insane high levels with investors/traders laced with highest leverage possible.

Thus once the strings were pulled everything fell apart and the high leverage led to a huge chain reaction.

After 2008-2013 consolidation we are hardly there and hoards of money both domestic/FII are waiting on the sidelines to jump in. NaMo Govt gives a chance of progressive decisive govt after 30 years and economy/markets are bound to surprise you over 2014-2017

It is essential to remain invested with large part of your networth in equities and keep adding on dips. Time for FDs/NCDs are done. As I have seen in my own case, disciplined investing have yielded great results and returns even during the bear phase.

So no point shutting down this early. Just don't chase momentum, keep adding the ones you follow diligently.
You are right PI-ji. I intend to start monthly SIP for next 5 years in the following funds:

- HDFC prudence or HDFC Balanced
- HDFC Mid Cap opportunities
 
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