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Budget Bets 2017

Discussion in 'Investment Analysis' started by nirajshah, Jan 23, 2017.

  1. nirajshah

    nirajshah Champion

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    *Budget Bets 2017*


    1) SP Tulsian
    a) Gujarat Mineral Development Corporation
    b) PTC India
    c) Associated Stone Industries (Kotah)
    d) Dalmia Bharat Sugar and Industries

    2) Dipan Mehta
    a) Alphageo (India)
    b) VA Tech Wabag
    c) GMM Pfaudler
    d) UFO Moviez India

    3) Prakesh Diwan
    a) Greaves Cotton
    b) Ion Exchange (India)
    c) Universal Cables
    d) IG Petrochemicals

    4) Daljeet Kholi
    a) Coromandel International
    b) Bharat Electronics (BEL)
    c) Ashiana Housing
    d) Lakshmi Vilas Bank

    Which one you will pick

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    nirajshah, Jan 23, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Thanks for sharing this thread and I was checking this program and was trying to see if I can find any good stocks to invest.

    I will do the reject first approach and will definitely reject these based on my basic investment checklist -

    • DALMIA Bharat - Yet another sugar company with no pricing power
    • IG Petro - Yet another business
    • Universal Cables Ltd - High Debt
    • Lakshmi Bank - Very low promoter holding
    • GMDC - PSU
    • PTC = PSU
    • Alphageo (India) Ltd Oil - Low promoter stake of under 50%
    • BEL - PSU
    • UFO Moviez - Movies business is very unpredictable as which movie release will do well.
    • VA TECH WABAG - Low promoter stake
    So we are left with
    • Associated Stone Industries
    • GMM Pfaudler Ltd
    • Greaves Cotton Ltd
    • Ashiana Housing Ltd
    • Ion Exchange (India) Ltd
    • Coromandel International Ltd
    Can you do an avoid from these companies?
     
    shabbir, Jan 23, 2017
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  3. bhat64

    bhat64 Apprentice

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    Agree with you Shabbir. From this filtered list I already hold Greaves cotton and I have a continue conviction on it. It also has a sort of moat in the small engines category and now entering after market sales also. Balance sheet is very strong and has been in a trading range and I hope it gives a channel breakout soon. Your views are appreciated.


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    bhat64, Jan 24, 2017
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  4. bhat64

    bhat64 Apprentice

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    Ashiana housing has a good promoter pedigree and reputation in an otherwise very shady real estate business. I avoid industries that I do not follow - one of my principles so it's a Miss for me however good it is.


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    bhat64, Jan 24, 2017
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  5. shabbir

    shabbir Administrator Staff Member

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    Same with me. I also tend to avoid some sectors and that is part and parcel of being able to understand some business.

    Agree that this real estate company has been getting my attention from yesterday and the only concern that I have with real estate is part of black money (which is the fact) and so how much profits company can (and must) make in unaccounted part.
     
    shabbir, Jan 24, 2017
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  6. nirajshah

    nirajshah Champion

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    nirajshah, Jan 24, 2017
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