Rohit's Portfolio
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Portfolio Check Up
Forum Discription: Members may put forward their portfolios dor comments from other members. The final call will obviously be taken by the investor himself.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=3560
Printed Date: 03/May/2025 at 6:16am
Topic: Rohit's Portfolio
Posted By: rohit1889
Subject: Rohit's Portfolio
Date Posted: 30/Mar/2012 at 1:51am
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Here is my portfolio:
========================================= Stock % Investment Type ========================================= Cravatex 25.49 Long-term GRUH Finance 8.69 Long-term Symphony 7.26 Short-term Guj Reclaim 6.81 Long-term Mayur Uniquoter 6.12 Long-term Titan Ind 5.82 Long-term Sintex Ind 5.8 Short-term Andhra Bank 5.63 Short-term Ashtavinayak 5 Bet gone wrong Indag Rubber 4.94 Short-term Page Industries 4.91 Long-term NESCO 4.59 Long-term Hawkins Cooker 4.28 Long-term eClerx Services 4.01 Long-term ========================================= I want to consolidate my portfolio to 8-9 stocks. Please advise. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Replies:
Posted By: hit2710
Date Posted: 30/Mar/2012 at 8:03am
Solution is simple. Just get rid of the "short term" bets at opportune time and price and get the money into long term bets. 
I have heard very good reviews about guj reclaim from a senior investor friend but yet to follow it closely. ------------- 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. |
Posted By: Anand Bhushan
Date Posted: 31/Mar/2012 at 12:00pm
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Grt advise Hit jee....
Though i am not very much convinced abt selling symphony from this list but i like the way you think and advising Rohit to think. Its also about the mind set among many other things which makes our investment good or bad. Short-term-easy-gain path is like copying in the exam and some how getting pass marks but u know what happens after 4 years of college...world men "BALATKA* PE BALATKA*" 
When i started investing, i was very much plagued with this easy short cut syndrome...which i tried very hard to come out of this thought process... Anyways...nice to learn your thought process behind investment. |
Posted By: rohit1889
Date Posted: 31/Mar/2012 at 12:31pm
Thank you Hitji. I will surely get those short-term bets out. My another problem is find many stocks attractive. But if i diversify too much then overall portfolio doesn't go up. So i face a problem which ones to choose.
Previously, ratio of short-term and long-term bets was reverse of wht its now. I've been atleast succesful to bring it into current state. Also i've partially been able isolate my decisions irrespective of what happens to Sensex. I've also realized one thing, that experience in stock market teaches you a lot. Previously, i was more influenced by short-term gains. But after reading Peter Lynch and WB, i've refrained from that act. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 16/Apr/2012 at 10:50am
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Sold Andhra Bank @ 30% profits and replaced it with Eclerx. Eclerx is at same levels since dec 2010 inspite of very good results. Sooner or later price has to catch up with earnings.
------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: TCSer
Date Posted: 17/Apr/2012 at 10:40pm
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How does TCS BPO /KPO ( erstwhile EServe)compares with Eclerx?
Have u done any comparison with E Valueserve ? ------------- Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays |
Posted By: rohit1889
Date Posted: 19/Apr/2012 at 12:02pm
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Eserve IMO is a BPO whereas eclerx is a KPO. So focus on skillsets is more in Eclerx than eserve.
------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 19/Apr/2012 at 12:07pm
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Bought more of Mayur Uniquoters. This company has managed to improve its asset turnover ratio from 2 to 4 i.e 2 times in last 5 years. Also margins have doubled in last 5 yrs due to which ROE (turnover ratio * PAT margins) has gone up nearly 4 time. Plus capacity expansion will lead to higher sales in coming quarters. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 19/Apr/2012 at 12:24pm
Current portfolio:
------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 06/Jun/2012 at 11:20am
Fortunately or unfortunately in 1st week of May, I had to sell out nearly 80% of my portfolio as i'm going for MBA in Finance. Probably will have to sell out remaining 20% as well.
 I have kept my initial holdings in Cravatex and Titan and sold out remaining holdings. Probably for next 2 years, i'll have to just monitor the stock market and put in tiny sums when i have surplus funds with me. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: subash1983
Date Posted: 06/Jun/2012 at 11:32am
Congrats Rohit, Awesome decision to get a MBA degree. Where are you heading for MBA ?? |
Posted By: basant
Date Posted: 07/Jun/2012 at 12:41pm
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Congratulations Rohit! Which university are you headed for also why not take an education loan and pay it off later instead of selling shares? ------------- '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 |
Posted By: rohit1889
Date Posted: 07/Jun/2012 at 1:14pm
Thank you Sir. Basant ji, I'll be pursuing MBA from KJ Somaiya Institute of Management Studies. Its in Mumbai.(The same Institute from where Madhu Kela did MBA )I've applied for Education loan. But i had to pay the fees from my pocket as loan approval and disbursement takes time, so had to sell major part of the portfolio. I will get the disbursement but will not deploy all my funds in stocks for next 2 years. Also my risk taking ability will be less as i'll not have cashflow from salary for 2 years as its a full time course. Also i'll target atleast CFA L2 in next 2 years, so need funds for that as well. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: basant
Date Posted: 07/Jun/2012 at 1:18pm
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Your `portfolio shows you as an aggressive investor but as a person you seem to be risk averse!!! ------------- '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 |
Posted By: rohit1889
Date Posted: 07/Jun/2012 at 1:25pm
 I am an aggressive investor, but have to be risk averse for next 2 years. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: ameydesai
Date Posted: 07/Jun/2012 at 2:41pm
In 2007 I was in same boat as you are now ....what surprises me is why do you have to pay the fee & wait for loan disbursement .... generally the edu-loan providers are tied up with MBA institutes & offer loan with no collateral - A confirmed admission notice is sufficient, you may have to pay some processing fees - SBI is the best option, for that matter - they also disburse you Rs. 50,000 every year as living expenses in college. The education loan has a simple interest for the period of education and moves to compound interst when you get employed or 6 months after course completion, whichever is earlier.
take care of the above.
ON employment - Part payment is completely penalty free and ------------- Arise, Awake and Stop Not till the Goal is reached |
Posted By: vijaygawde
Date Posted: 07/Jun/2012 at 7:20pm
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Congratulations Rohit ! All the Best !!
------------- Diversification is protection against ignorance, it makes little sense for those who know what they’re doing. |
Posted By: rohit1889
Date Posted: 07/Jun/2012 at 7:54pm
Thanks a lot Vijay Sir ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: prudentinvestor
Date Posted: 07/Jun/2012 at 8:57pm
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when I went for MBA in 2010, I liquidated all short term funds and liquid pools to reduce the education loan burden to the max extent possible. Only long term money should be invested in equities, so that these situations of emergency redemption be avoided. In fact you need more emphasis on equities, to put in practice what you learn from your MBA (finance). Also, as you would realize edu loan is a tax deductible loan, meaning for a person at 30% bracket, the effective rate on a 13% loan is (1-T)*R=.7*13%=9.1% only. So this is your effective cost of capital, if you expect to earn more from equities, edu loan is surely the way to go. In the end, best of luck for your MBA. The current job market scenario for finance MBAs is not at all promising, hope things improve over the next couple of years. ------------- "All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out..” - Peter Lynch |
Posted By: Ravenrage
Date Posted: 07/Jun/2012 at 10:11pm
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Congrats Rohit ! Good portfolio , good luck for your higher studies and future ! ------------- Risk does not reside in price changes, but in miscalculations of intrinsic value . |
Posted By: nikrod12
Date Posted: 07/Jun/2012 at 3:54am
| Congratulations Rohit !! Best of luck!! |
Posted By: rohit1889
Date Posted: 07/Jun/2012 at 10:01am
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Thanks a lot Nikhil, Ravenrage and prudentinvestor.
------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 11/Nov/2012 at 10:34pm
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Posting my portfolio...
Company Allocation Type Page Industries 15.56% Investment Mayur Uniquoter 13.85% Investment Titan Ind 12.99% Investment Cravatex 12.77% Investment TCS 9.91% Trading Hawkins Cooker 9.78% Investment Techno Electric 8.48% Trading Unichem Labs 6.86% Trading Jubilant Life 4.92% Trading Whirlpool 4.89% Trading Investment 64.95% Trading 35.05% Planning to convert some of my trading bets into Hawkins due to recent developments.. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 12/Jan/2013 at 6:15pm
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Recently met One of my distant cousins grandfather. He has been in stock market since more than 45 odd years ( he is 84 now and he retired on 31st dec :D. He is a workaholic and so he didn't quit till now. Despite being wealthy, he is down to earth and lives a plain simple life).
He has always followed this strategy: He always kept cash in his portfolio. Market always throws opportunities and you can't always sell your existing holdings to pounce upon them as your existing ones may be bleeding as well. In such case cash comes in handy. He has played on the consumer theme since decades. He bought Nestle at 40 odd Rs( the reason being dominat position of Nescafe). Then it has given bonuses. He doesn't even know how many times it has gone up. (From whatever he told I figure it to be a 500 bagger) He had bought britannia @ 13 rs with a simple argument that even if you don't have money to buy rice poor people can atleast buy few biscuits worth 1 or 2 Rs. He has had list of multibaggers- P&G, glaxo,ITC,L&T... take the name and you have it.. He is not a strict follower of concentrated portfolio. He had had 30 odd stocks in his portfolio. But he firmly believes in cutting the weeds and watering the flowers. He hasn't sold his holdings in Nestle, L&T,ITC,HUL,etc. till now. He is a firm believer in the power of compounding. Small stakes compound to huge sums over a period of time is what I have understood from him. (He had bought penny worth of stocks which are worth huge sums today.) He is an avid reader. He has read Warren Buffets letters. He looks at stock prices once or twice in a month.. (Not net savvy and uses a simplest of cell phone only for calling purpose.. a great great advantage). He is not at all interested in 10-20-30% movements. Even now when I propose a stock idea to him he buys them thinking from a minimum 10 yr perspective :D He doesn't believe in too much of scuttlebutt and he thinks that as far as the company shows good cashflows, he is happy. According to him management is the most important thing he looks at. Other things fall into place if the business is good. He monitors his bets 4 times a year(after quarterly results) and reads tonnes of annual reports. What I have learnt from him: 1. Believe in power of compounding. 2. Don't monitor stocks daily. (I'll have to take hell a lot of efforts to get above this thing) 3. Give utmost importance to management. Will try to gain more knowledge from him.. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: coolcarney
Date Posted: 12/Jan/2013 at 6:32pm
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If you find a way of getting rid of this habit of daily monitoring of stock price movements, do share. Although I am aware that daily monitoring of price movements harms a lot (really!) , its difficult to completely ignore them. |
Posted By: Monkey
Date Posted: 12/Jan/2013 at 9:07pm
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Rohit, This is great. I know a friend's father who has only one stock portfolio - thousands and thousands of HUL today which he acquired in 80s during his working life. He is not selling any and argument like lower growth rate etc does not bother him. His HUL holding has made his life. It is not an easy thing to do. |
Posted By: jagbir
Date Posted: 12/Jan/2013 at 9:00am
Indeed very difficult to do. I was seeing prices 4-5 times a day few months ago and what helped me is to gradually increase the 'cooling period' of urging seeing prices. Its like if you are a heavy smoker, it helps to reduce no. of intakes gradually rather than announcing a (new year/birthday/1st day of month etc. etc.) resolution to stop it completely. What I'm doing now is that I'm checking prices and do any transaction only on Fridays, I've (right or wrong) belief that prices are comparatively low on Fridays. Since I'm long term investor so tiny fluctuations don't bother. Friday is my market watch day. Next goal is to do such thing on First Friday of every month (need to deploy salary) and after that promote it as a quarterly exercise. Off course, I'm reading books/TED/value*** posts daily to remain updated. |
Posted By: manish_okhade
Date Posted: 12/Jan/2013 at 9:34am
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1) There is nothing wrong in checking prices on daily basis as long as you are looking for other juicy deals market is throwing you time to time. Watching your own portfolio daily is what a sin though! 2) There is nothing wrong in having concentrated portfolio. If one selects secular growth stocks then one will do well by regular investing for a long long period of time. Its the greed which makes all of us to experiment and try to get the results in short run. |
Posted By: jagbir
Date Posted: 12/Jan/2013 at 10:36am
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Also depends on what's your priorities are. In my case, I'm doing a full time job and also engaged in some 'freelancing' activities which squeeze out most of day time, so its a blessing to have platform like 'Basant's corner' to guide you in equity investment front with nominal fee. May be I'm wrong here but I think that my investment activity should be limited to reading books/posts in broader sense. In this situation, its a distracting exercise to check prices frequently and once you are involved in checking prices, most probably you will look at your portfolio as well which ultimately lends you in doing more transactions than really required.
In other case, a person who manages his own/others portfolio and competent enough to make sense of news/noise on hourly/daily basis may afford keeping an eye on prices to find attractive investments. |
Posted By: rohit1889
Date Posted: 26/Jan/2013 at 1:33am
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Just check this out
http://www.google.com/trends/explore?hl=en#q=stocks&geo=IN&cmpt=q This is fantastic way to guage the mood of people.. Even when Sensex is near all time high.. The interest in stocks market is very low.. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 26/Jan/2013 at 1:42am
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Some other beautiful trends
http://www.google.com/trends/explore?hl=en#q=facebook&geo=IN&cmpt=q FB trend has been a multibagger.. not the stock though http://www.google.com/trends/explore?hl=en#q=sensex&geo=IN&cmpt=q Declining interest in Sensex http://www.google.com/trends/explore?hl=en#q=sex&geo=IN&cmpt=q India !!! http://www.google.com/trends/explore#q=google&geo=IN&cmpt=q http://www.google.com/trends/explore#q=pantaloon&geo=IN&cmpt=q Pantaloon was at peak in 2007-08 http://www.google.com/trends/explore#q=jockey&geo=IN&cmpt=q ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: rohit1889
Date Posted: 23/May/2013 at 9:46pm
Have been completely out of markets for 3-4 months. Have succeeded in refraining from following daily price movements. Feels gr8 
Took Manishji's advice and stopped monitoring portfolio value on daily basis. Here is my portfolio. Stock % Hawkins Cooker 25.74% Titan Ind 18.30% Page Industries 18.03% Mayur Uniquoter 12.89% HDFC Bank 5.81% TV18 Broadcast 5.54% Amara Raja Batt 5.08% Unichem Labs 4.71% GRUH Finance 3.91% I guess Gruh deserves a higher allocation in my portfolio. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: manish_okhade
Date Posted: 23/May/2013 at 11:59pm
Good portfolio  . Some part of HAWKINS can be moved to growth stocks like PAGE, TITAN, HDFC Bank & GRUH. These are scalable opportunities and run by good management so money looks in safe hand. HAWKINS may give floor though due to increase in dividend and falling RM prices will fuel the growth temporarily. So no need to move out as such... |
Posted By: rohit1889
Date Posted: 19/Jun/2013 at 12:21pm
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Sold off my holdings in Titan. It was near 18% of my portfolio and I was no more comfortable holding it. Too many uncertainities. Also whole business model is gone for a toss. Was a bit optimistic even after the news came out last week. But I am more comfortable selling it rather than holding it HOPING that things will go my way.
I am more comfortable holding Hawkins because I know the Govt. is not hell bent on screwing the sector. ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: karn
Date Posted: 19/Jun/2013 at 12:35pm
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Whats the reason for holding Hawkins at current price despite of not so great performance in last few years? Turnaround play? What sort of growth you are expecting?
Thanks ------------- “Invert, always invert.” |
Posted By: rohit1889
Date Posted: 19/Jun/2013 at 2:33pm
The "not so great performance" was due to the issues known to all. The growth will come in FY14 as it is not facing supplyside issues and the last 2 quarter results are as per past trend. I am expecting 15-20% revenue growth but the price appreciation will be more and if the margins expand it will be icing on the cake. Plus it has downside protection due to the dividend yield and high FCF.
------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |