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Force Motors

Discussion in 'Portfolio Updates' started by shabbir, Aug 12, 2017.

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  1. shabbir

    shabbir Administrator Staff Member

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    Added 10 more on 1st September. Now total holding 40 quantities and has been adding 10 each week for last 4 weeks. Good accumulation for my portfolio.
     

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    shabbir, Sep 3, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Added 10 more Force motors to my portfolio. Contract notes attached,
     

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    shabbir, Sep 29, 2017
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  3. hanifgr8

    hanifgr8 New Member

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    Hi Shabbir Bhai,

    Can you pls advise on V-Guard, Escort and Infibeam?
     
    hanifgr8, Sep 30, 2017
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  4. nirajshah

    nirajshah Champion

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    V-Guard was recommended by Shabbir Bhai openly to forum members in 2011 at around 200 and 400 and it has gone to split to 25 shares and is at 200 niw. So it is his recommended stocks.

    Sent from my Micromax Q385 using DIY Technical Analysis mobile app
     
    nirajshah, Sep 30, 2017
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  5. bnnarayana

    bnnarayana Contributor

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    Escorts fundamentaly good company to invest for long term it is number 1 company the sector.
    The sector is showing very good growth due to good monsoon rains and government support.

    Worth investing for long term, wait for dip in the share price before investing.

    Sent from my Le X526 using DIY Technical Analysis mobile app
     
    bnnarayana, Sep 30, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    V-Guard is an awesome investment but it is costly as well and so should be used to accumulate in dips.

    Escorts is in commercial vehicle business but a 45 PE is quite high for me and so I opted for Force motors over Escorts. https://www.diytechnicalanalysis.com/community/threads/force-motors.2820/

    Infibeam is an avoid because it has a giant competitor like Amazon and then to an extent flipkart.
    Link to my suggestion thread. https://www.diytechnicalanalysis.com/community/threads/v-guard-can-be-a-good-play.98/
     
    shabbir, Oct 3, 2017
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  7. madhuvarsha

    madhuvarsha Member

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    Force motor will make W ..it seems.
     
    madhuvarsha, Nov 2, 2017
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  8. shabbir

    shabbir Administrator Staff Member

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    Never assume it will and let it make one.
     
    shabbir, Nov 2, 2017
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  9. nirajshah

    nirajshah Champion

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    nirajshah, Nov 3, 2017
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  10. chaitanya_mella

    chaitanya_mella Contributor

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    It is taking a beating for the last few weeks.
     
    chaitanya_mella, Dec 6, 2017
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  11. nirajshah

    nirajshah Champion

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    Yes. Severe beating.

    Sent from my Micromax Q385 using DIY Technical Analysis mobile app
     
    nirajshah, Dec 6, 2017
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  12. rbathri

    rbathri Member

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    rbathri, Dec 6, 2017
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  13. chaitanya_mella

    chaitanya_mella Contributor

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    Their November sales have taken a significant hit when compared to previous month (domestic sales dropped by 31 percent and exports down by 94%.) But their November sales even in 2016 saw a significant drop. Best to wait for recovery.
     
    chaitanya_mella, Dec 7, 2017
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  14. rbathri

    rbathri Member

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    rbathri, Dec 7, 2017
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  15. shabbir

    shabbir Administrator Staff Member

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    Exactly. The numbers aren't good enough to put your neck out and buy right at this moment.
     
    shabbir, Dec 7, 2017
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  16. payazishan

    payazishan Member

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    payazishan, Feb 8, 2019
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  17. shabbir

    shabbir Administrator Staff Member

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    Yes I do hold but I have not averaged it down. There is no point in selling at the current level of price at the book value where I see lot of earnings yield. Will decide once we start to see some growth in the company.

    Also the reason I can keep holding is, it is hardly 1% of my portfolio either.
     
    shabbir, Feb 8, 2019
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