ENAM Portfolio
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Buffet, Lynch and other legends - Investing Strategies
Forum Discription: DIscuss about the strategies followed by the great investors. Share an idea which would have impressed the masters. Try and bring their International experience into the Indian Markets.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1084
Printed Date: 07/May/2025 at 4:40am
Topic: ENAM Portfolio
Posted By: deveshkayal
Subject: ENAM Portfolio
Date Posted: 16/Jul/2007 at 10:08am
ENAM Portfolio
| Company Name |
% stake |
| Bannari Amman |
3.4 |
| Champagne Indage |
1.4 |
| Educomp Solution |
5.9 |
| Elder Health |
2.8 |
| Elgi Equipment |
1.7 |
| Ess Dee Aluminiu |
7.2 |
| FDC |
1.5 |
| Greenply Inds. |
3.8 |
| Guj. Flourochem. |
1.3 |
| Helios Matheson |
1.0 |
| Hi-Tech Gears |
3.1 |
| IP Rings |
7.1 |
| Kar Mobiles |
4.3 |
| Kernex Microsyst |
1.1 |
| Khaitan Elect. |
4.4 |
| Lak. Mach. Works |
2.4 |
| Motherson Sumi |
1.4 |
| MRF |
5.1 |
|
Munjal Showa |
7.1 |
| Pantaloon Retail |
1.0 |
| Plethico Pharmac |
1.3 |
| Polyplex Corpn |
3.6 |
| Prima Agro |
2.0 |
| Prithvi Info
|
1.2 |
| Rane Engine Val. |
3.9 |
| Rane Holdings |
1.1 |
| Rico Auto Inds |
2.3 |
| Shree Ram Mills |
3.7 |
| SPL Polymers |
1.2 |
| Sterling Tools |
1.8 |
| Super Spinning |
1.4 |
| Taneja Aerospace |
2.6 |
| XL Telecom |
3.5 |
Source: Dead Presidents
Comments from TEDdies invited...
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Replies:
Posted By: kulman
Date Posted: 16/Jul/2007 at 10:17am
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Devesh
While I have no comments on this Enam list, please try to get personal portfolio investments of Wipro Chairman Azim Premji. I have heard that he holds some very good stocks apart from Wipro of course.
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Life can only be understood backwards—but it must be lived forwards
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Posted By: deveshkayal
Date Posted: 16/Jul/2007 at 10:25am
Azim Premji has invested in Jindal Drilling, Today's Writing, Fulford (India). He has a penchant for pharma stocks and has invested in Novartis,Pfizer,Merck and Aventis Pharma.At last count, his investments were worth over Rs.350 crore. He has invested in unlisted companies also.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Posted By: basant
Date Posted: 16/Jul/2007 at 11:22am
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I think that these stocks are held by Vallab Bhanshalli, his HUF, Nemish Shah etc all together! ALso the source should be BSEIndia.com.
Unfortunately I wasn't too excited to see this portfolio. Maybe expectations were quite high but the stock selection is not something that we can associate Vallab Bhanshalli's thought process with!
Anyway ENAM does not need my approval to buy stock!!!
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: smartcat
Date Posted: 17/Jul/2007 at 12:25pm
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Is this like RJ's portfolio, where the percentage means ENAM holds that particular percentage of the company? That is - Does ENAM own 1% of Pantaloon or does Pantaloon constitute 1% of ENAM's equity portfolio?
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Posted By: basant
Date Posted: 17/Jul/2007 at 12:28pm
No that 1% is the proportion of Pantaloon's equity capital in ENAM's portfolio - not like the RHJ portfolio whgere the percentages indicate RJ's exposure to a particular stock in terms of his overall exposure.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: smartcat
Date Posted: 17/Jul/2007 at 12:40pm
aah ok.
My comments about ENAM's portfolio -
- ENAM is extremely bullish about auto ancilliary companies - Hitech Gears, IP rings, Motherson SUmi, MRF, Munjal Showa, Rane Engine, Rane Holdings, Rico Auto.
- Gujarat Fluoro makes refrigerent chemicals. But unlike most chemical companies, this company has a NPM of almost 40%! It has a 30% CAGR net profit growth rate. And sone pe suhaaga is that it owns 51% of INOX Leisure. I had considered investment in this company some time back but there is hardly any info on this company anywhere. Their website has always been 'under construction'.
- Champagne Indage is a the largest wine company in India. Wine consumption is growing at 30% CAGR unlike beer or hard liquor. I had considered investment in this one, but stock price ran up. And then I lost interest in FMCGish space.
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Posted By: basant
Date Posted: 17/Jul/2007 at 1:37pm
extremely bullish about auto ancilliary companies - Hitech Gears, IP rings, Motherson SUmi, MRF, Munjal Showa, Rane Engine, Rane Holdings, Rico Auto.
_________________________________________________________
Since mid nineties! Lot has changed after that especiallly the exchange rate, domestic demographic story etc.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: xbox
Date Posted: 17/Jul/2007 at 5:23am
Originally posted by basant
extremely bullish about auto ancilliary companies - Hitech Gears, IP rings, Motherson SUmi, MRF, Munjal Showa, Rane Engine, Rane Holdings, Rico Auto.
_________________________________________________________
Since mid nineties! Lot has changed after that especiallly the exchange rate, domestic demographic story etc. |
Correct Basant jee, I never understood why people think auto anchiliray is wealth creator.
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Don't bet on pig after all bull & bear in circle.
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Posted By: basant
Date Posted: 17/Jul/2007 at 9:25am
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These auto ancilliary companies like clayton, fasteners, munjal shova etc are good investment bets but not the ones that can create big multibaggers also ENAM must not have calculated their opportunity cost!!!
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: smartcat
Date Posted: 17/Jul/2007 at 11:51am
I guess ENAM got those shares for free when they were the BRLM for their IPOs!
ENAM owns about 10% of ING Vysya Life Insurance Co.
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Posted By: deveshkayal
Date Posted: 18/Jul/2007 at 10:33pm
It would be interesting to see at what price ENAM bought their shares..They have made a killing in Educomp..thats for sure..Good profits in Ess Dee Aluminium too..investments in both stocks were made during IPO...
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Posted By: basant
Date Posted: 18/Jul/2007 at 10:37pm
They have made a killing in Educomp..thats for sure..Good profits in Ess Dee Aluminium too..investments in both stocks were made during IPO...
_________________________________________________________
The killing in these two stocks had was more a result of their unfair advantage that they gained because of being in an influential position then anything else. They got in Educomp during the pre IPO placement at Rs 120.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: Kalyan
Date Posted: 20/Jul/2007 at 2:01pm
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Basantji,
Kindly give your comments on Taneja Aerospace .It is also recommended by RJ as a stock of 2007.
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kalyan
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Posted By: basant
Date Posted: 20/Jul/2007 at 2:14pm
I do not know about RJ but Manish Dave did recommend it very early on this forum. He should know more about this.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: mukesh
Date Posted: 20/Jul/2007 at 2:26pm
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i follow taneja aerospace. According to me the management is a bit concern. Do read the annual report of last year before deciding anything. Company hasnt yet filed Q4FY07 numbers and annual report on BSE though mandatorily required.
Secondly, the space in which they operate is unique but the entry barriers are not great. The company ahs diverse operations relating to aviation. It acts as agent for Cessna for chartered aircrafts for which it receives good commission. It also has hanger at its factory where it takes for which it receives hanger charges. Both these contribute heavily to revenues and margin is huge as practically no cost is required. But there is very low entry barrier to do such things and hanger will require just a few acre land, no significant expertise.
Other businesses are not really profit making and that might be the real reason why they are not giving segmental reporting as required by Accounting Standard-17 of ICAI
So whatever the real profit comes is not because of any expertise, is what it seems.
Reading Annual report of it is must. I can comment anything after FY07 Annual report
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Life gives answers in three ways-It says YES and gives waht u want. It says NO and gives u something better. It says WAIt and gives you the best
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Posted By: deveshkayal
Date Posted: 21/Jul/2007 at 12:09pm
i follow taneja aerospace. According to me the management is a bit concern
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I think ENAM has invested in companies where there is a management concern (Educomp,Taneja)..
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Posted By: Ajith
Date Posted: 21/Jul/2007 at 12:59pm
In Enam's portfolio MRF Ltd. is a real gem -undervalued,great financial management/discipline,lots of hidden assests.
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Ajith
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Posted By: deveshkayal
Date Posted: 25/Jul/2007 at 8:21pm
Originally posted by deveshkayal
Azim Premji has invested in Jindal Drilling, Today's Writing, Fulford (India). He has a penchant for pharma stocks and has invested in Novartis,Pfizer,Merck and Aventis Pharma.At last count, his investments were worth over Rs.350 crore. He has invested in unlisted companies also. |
Azim Premji has sold of his entire holding in Fulford. Rel MF was the buyer...
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Posted By: us121
Date Posted: 25/Jul/2007 at 10:25pm
Originally posted by mukesh
i follow taneja aerospace. |
manishdave follows this stock closely.
may be able to throw some light.
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ABILITY will get u at d top. CHARACTER will retain u at d top
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Posted By: sureshb
Date Posted: 07/Aug/2007 at 1:04am
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premji bought marico recently
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Posted By: deveshkayal
Date Posted: 14/Aug/2007 at 12:01pm
Genus Overseas Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2007, inter alia, has decided the following:
1. To Issue and allot upto 10,00,000 convertible warrants convertible into and / or providing the holder the option to subscribe to one fully paid-up equity share of Rs 10/- each (aggregating to 10,00,000 equity shares) at a price of Rs 409 per equity share to Smt. Lata Bhanshali W/o Late Shri. Manak Bhanshali, Mumbai.
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Any idea on this company???
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Posted By: basant
Date Posted: 14/Aug/2007 at 12:02pm
Motilal Oswal was recommending this at Rs 120 nothing more on this.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: Kalyan
Date Posted: 11/Sep/2007 at 4:27pm
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It is reported in ET that Taneja Aerospace is going to sell 220 acres at Bangalore for Rs 350 cr to GMR Infrastructure shortly and the company has also restructured it accordingly to take benefits of Avaiation & MRO BOOM .
Basantji What is your view ?
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kalyan
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Posted By: basant
Date Posted: 11/Sep/2007 at 4:37pm
No idea really.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: kulman
Date Posted: 11/Sep/2007 at 4:44pm
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Taneja Aerospace..........
There is a strong rumour that Us121's US based friend is planning to buy a private Jet....as both his short & long calls are in-the-money!!
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Life can only be understood backwards—but it must be lived forwards
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Posted By: basant
Date Posted: 11/Sep/2007 at 4:51pm
Unlike the other ones this is "Breaking news".
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: gurpreetmankoo
Date Posted: 14/Oct/2007 at 10:06pm
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What is the future prospects of MRF Ltd. Basantji?
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Posted By: basant
Date Posted: 14/Oct/2007 at 10:31pm
No idea, generally fortunes of tyre companies are linked to rubber prices but MRF is the best in the industry.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: smartcat
Date Posted: 14/Oct/2007 at 11:38pm
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Did anybody know that MRF owns 'Funskool' toys?
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Posted By: manishdave
Date Posted: 14/Oct/2007 at 2:28am
Originally posted by kulman
Taneja Aerospace..........
There is a strong rumour that Us121's US based friend is planning to buy a private Jet....as both his short & long calls are in-the-money!!
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When contacted, US121's frined said he has policy not to comment on rumours. But his son was found playing with new jet that was on sale at Toys R US.
Kulmanji,
Oil is going to moon, you are planing to put by-cycle factory and spreading rumour like this! Jine bhi do yaron.
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Posted By: xbox
Date Posted: 14/Oct/2007 at 5:51am
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Enam & Namura breaking their ties. When asked for comment, Enam spokesman said...."Nikaama kahi kaa $@&..".
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Posted By: basant
Date Posted: 14/Oct/2007 at 9:38am
Funskool is a tough brand but we have the same problem % of revenues coming from Funskool?
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Posted By: smartcat
Date Posted: 15/Oct/2007 at 12:35pm
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I have no clue, but I guess it would be miniscule.
MRF Tyres website says Funskool is a result of a JV between MRF and Hasbro (largest toymaker in the world). It's probably just a manufacturing/production JV.
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Posted By: kulman
Date Posted: 15/Oct/2007 at 5:36pm
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When contacted, US121's frined said he has policy
not to comment on rumours. But his son was found playing with new jet
that was on sale at Toys R US.
Kulmanji,
Oil is going to moon, you are planing to put by-cycle factory and spreading rumour like this! Jine bhi do yaron.
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Ha ha ha.....
Inside information is that when I approached a leading bank for term loan for putting up bi-cycle unit, they declined saying that I look like a sub-prime candidate.
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Life can only be understood backwards—but it must be lived forwards
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