Hello everybody,
Congratulations Sir for updating ‘The Equitydesk Report Card June 2011’. Subject to correction, this happens to be a
quarterly update after the Mar/April 2011 one’.
While going through the previous report
card threads, my reactions would be that of having frequent report cards, an
alternative etc, as couldn’t relate to stocks that were picked up years ago. The
same are being repeated in this thread as well. However, having gone through
it, the following is my take that may help newbies.
Ø
This is a concentrated
portfolio style comprising of 11 stocks only.
Ø
Basantji (Master TED) believes
that the existing stocks here have still growth steam within them.
Ø
The stocks here would not be
replaced normally, unless one gets a stock that fits in the criteria of stock selection:
Market cap <below Rs 1000 crores,
Consistent RoE that is growing
etc and more importantly they would out beat the expected growth of the present
stocks as it’s a ‘buy & hold’ portfolio. This portfolio doesn’t believe in
churning unless surely warranted.
Ø
It becomes difficult to commit whether one stock could
replace another unless there is a solid reason. Hence the silence.
Basantji, hope this is roughly correct.