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vaib
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Quote vaib Replybullet Topic: Vaib portfolio
    Posted: 08/Feb/2010 at 10:54pm
Hi, I have just started investing from January. My choice of stocks are low PE, industry leaders in own space, good profit margin business, low debt. I like agriculture sector. I have small quantity of each in equal % and reason+entry price below.

Camson Bio      [good growth, good product][100]
cosmo films      [leader in own space, bought US firm good tech ][123.65]
Deepak fert.      [good growth number, Hit and Vivek ji suggestion][112.65]
FDC                  [Liked steady growth and buy back, TED suggested][73.95]
graphite India      [worldwide consolidated business, leader in india, high entry cost for new comer][84.80]
Hawkins             [good steady growth, space to grow in non stick (futura brand), no debt, high dividend][720]
Insecticide India [good growth, good dividend][94.08]
Lakshmi energy   [They use every small waste, potential in own brand and basmati, also can tap more in normal rice][157.75]
Mayur Uniquoter   [hit ji suggestion][119.25]
Parekh aluminx   [Hit ji again, liked growth numbers][158]
PennarInd.        [TED suggestion, good numbers][35]
Vinati Organics   [leader in own space][74.20]
Vst tillers            [Hit ji suggestion, good numbers][492]

I am likely to hold long and don't have any target or expectation :P. Any comments or suggestion are most welcome.

Edited by vaib - 08/Feb/2010 at 10:55pm
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smartcat
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Quote smartcat Replybullet Posted: 08/Feb/2010 at 11:47am
Good ones! Among your stock selection parameters, just add 'minimum dividend payout ratio' of 20% too - and then check if your existing stocks meet the criteria.
 
 
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Quote hit2710 Replybullet Posted: 09/Feb/2010 at 12:29pm
Hi

Seems like a good selection of growth stocks.

paral and lakshmi have high debts.
Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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vaib
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Quote vaib Replybullet Posted: 09/Feb/2010 at 2:18pm
Yes dividend is also my criteria as it tells whether company has comfortable cash position or not. But I look for yield and had not thought about dividend payout ratio. Would be interesting to check what ratio my stocks have.

paral - 0.59, lakshmi - 0.89 (debt to equity)
I am generally fine with d/e till 1 provided they can use the money to grow and have good margins.
paral ROE-15%, lakshmi ROE-22%


And thanks for the comments.
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smartcat
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Quote smartcat Replybullet Posted: 09/Feb/2010 at 2:33pm
Compact Disc has no debt, P/E of 1.3 and a dividend yield of 3.36%. But when you look closely, they payout only 5% of the net profits as dividends.
 
When you have dividend payout ratio as a criteria for stock picking, you automatically avoid duds like Compact Disc.
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vaib
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Quote vaib Replybullet Posted: 25/Mar/2010 at 10:33am
Stock | buy | reason

Camson Bio  150.90 [added more today, PE is 15 and 50% appreciated from last pick, delivery of stock 50% so ppl are buying this stock i hope]
mazda           93.54 [good growth]
abbott india   890 [perfect stock]
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Quote vaib Replybullet Posted: 05/Apr/2010 at 4:35pm
camson [169.80] [added more]
mayur uniqoter [142.05] [added more]
clariant chemical [587] [new]
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vaib
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Quote vaib Replybullet Posted: 12/Apr/2010 at 11:25am
clariant chemical [543.90] [added more]
surya phrama [193] [new]
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