Rakesh Jhunjhunwala's latest Portfolio-December 06
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=806
Printed Date: 07/May/2025 at 4:40am
Topic: Rakesh Jhunjhunwala's latest Portfolio-December 06
Posted By: basant
Subject: Rakesh Jhunjhunwala's latest Portfolio-December 06
Date Posted: 15/Mar/2007 at 12:31pm
Source: BSE India.com * Holding for December 2006 not yet released. Colors in bluerepresent stockswhere holdings have gone up and in red represent stockswhere holdings have gone down. PiquantObservations:
------------- '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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Replies:
Posted By: xbox
Date Posted: 15/Mar/2007 at 12:37pm
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Has anybody done any analysis on his portfolio. I mean RJ return from last 5 years, 2 years or 1 years. I am not asking return since inception which will mislead us, as Pantaloon type of pick will over hide every other figure.
On first look, he seems to be underperformed TED Index. ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: basant
Date Posted: 15/Mar/2007 at 12:51pm
Vipulji you are correct but we need to see the kind of funds he is managing. For example in our The Equity Desk - INDEX we can get in and get out of a stock like a gush of wind. But can RJ exit Pantaloon? I think not I hope not
In investing size becomes your enemy after a particular point of time and that reduces you to market rates of return! ------------- '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: xbox
Date Posted: 15/Mar/2007 at 12:58pm
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I understand your point of view but let's discuss his 5/2/1 year returns from academic point of view. ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: basant
Date Posted: 15/Mar/2007 at 1:03pm
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But we do not have data for that. The earliest we can start is from June 2006 I guess.But surely those periods of big multibaggers seems to be slowing down.Maybe the markets have been discovered but even otherwise he seems to be performing in line with the MF's the top 5 stocks except Praj have broadly gone nowhere over the past one year. ------------- '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: kulman
Date Posted: 15/Mar/2007 at 6:42pm
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Thanks Basant jee, for compiling all this data.
According to a survey, 58% of TEDdies & 84.24% non-registered visitors to this wonderful forum came to know about TED due to Google search for "RJ's portfolio".
By the way interesting to note that Bhaiyya has fairly low weightage to Banking & Fin Svcs sector (CRISIL+KVB+GEOJIT=17.38%)
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: tigershark
Date Posted: 15/Mar/2007 at 8:07pm
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appears he has increasd his weightage in TITAN IND and PANTALOON RETAIL,which means he is bullish on RETAIL,basant could yu comment especially on TITAN does the mkt cap make sense at the current levels and if consumers have less money in their pockets then will not affect the retail sector first?as per the bs art posted by the postman ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: basant
Date Posted: 15/Mar/2007 at 8:13pm
Titan caters to the high upper end strata of the consuming class. So like SHoppers stop their client base are broadly insuulated from the vagaries of interest rates etc. Every one does not buy jewellery. So while Titan is an insulated company the problem is the watch division which is not growing as fast as the jewellery division. Still Titan can give us a 25% - 30% CAGR for the next 3 - 4 years. I think we have a thread on Titan.
The increase in percentage in Pantaloon appears marginal in percentage terms. ------------- '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: xbox
Date Posted: 15/Mar/2007 at 6:09am
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By the way interesting to note that Bhaiyya has fairly low weightage to Banking & Fin Svcs sector (CRISIL+KVB+GEOJIT=17.38%)
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This is why I believe at best, he is a trader. ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: basant
Date Posted: 16/Mar/2007 at 12:43pm
Vipulji traders do not make billion dollars. RJ is a trader in parts but here he is an investor. There are many investors who have minimum allocation to certain sectors but they are not traders just because they have minimum exposure to sectors.
------------- '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: hkumar
Date Posted: 16/Mar/2007 at 7:46pm
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Any views on BEML and Hind Oil Exploration where RJ has added stake.
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Posted By: basant
Date Posted: 16/Mar/2007 at 8:05pm
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I am not sure why he bought BEML again. The growth seems to be slackening on this one. But he is the BOSS and knows better! ------------- '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: deveshkayal
Date Posted: 23/Mar/2007 at 12:44pm
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How come Emkay in its report on TV Today have shareholding pattern as on 31st Dec,06. Emkay had a talk with management.Its a visit note. I cannot see the same on BSE site. ------------- "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 |
Posted By: basant
Date Posted: 23/Mar/2007 at 1:43am
The last time I saw the BSE site they had not updated the TV Today shareholding pattern - maybe someone like the educompstock must have told them by looking into the depository list ------------- '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: tigershark
Date Posted: 23/Mar/2007 at 8:04am
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i am not sure why he has bought BEML again---during the 11 th 5 yr plan production of railway vehicles also known as rolling stock will be doubled for fy 08 the expenditure on rolling stock is 5000crs considering this cos like bhel and beml will benefit in the long run beml produces integrated rail coaches electric multiple units , rail buses tracl laying eqiupment and the big thrust on metro rail projects which shall benefit rotem.business std march 52007 ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: basant
Date Posted: 23/Mar/2007 at 10:28am
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Thanks. Reliance growth fund also has it in its top holding and I did not that reason. ------------- '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: heponly
Date Posted: 25/Mar/2007 at 10:47am
| Rj hasn't added Beml to his portfolio in Dec-06 qtr. He is holding the same amount since long time. It can be verified on http://www.bseindia.com/shareholding/shareholdingPattern.asp?scripcd=500048&qtrid=51 - http://www.bseindia.com/shareholding/shareholdingPattern.asp?scripcd=500048&qtrid=51 |
Posted By: basant
Date Posted: 25/Mar/2007 at 11:07am
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Thanks for pointing that out. ------------- '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: basant
Date Posted: 13/Apr/2007 at 8:05pm
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The BSE reports that over RJ has done a quick jig. he sold 50,000 shares of BEML and bought 50,000 shares of Titan. ------------- '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: RAKESH
Date Posted: 13/Apr/2007 at 10:15pm
basantji he even bought
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Posted By: basant
Date Posted: 13/Apr/2007 at 10:25pm
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That was a good arbitrage by him. I guess he tendered his shares in the open offer and seems to have bought it back. ------------- '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: praveenmbd
Date Posted: 14/Apr/2007 at 4:32pm
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Rakesh Jhunjhunwala and persons acting in concert with him have bought 50,000 shares of Titan Industries on April 12 via market purchase. According to a release issued by Titan to the BSE on April 14, the shareholding of Rakesh Jhunjhunwala and PAC have moved up to 10.045% (44,59,127 shares). |
Posted By: ramki830
Date Posted: 15/Apr/2007 at 1:26pm
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Friends, Any idea on what RJ's stand regarding ALL(Ashok Leyland), some rumours were floated that he likes this counter, but then is it really true?
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Posted By: basant
Date Posted: 15/Apr/2007 at 2:57pm
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A person who met him about 18 months back did say he is bullish on ALL and Matrix. This news is confirmed. heard nothing after that. Price was around Rs 28 at that point in time. ------------- '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: deveshkayal
Date Posted: 15/Apr/2007 at 3:09pm
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I hear RJ bhaiya has once again entered Sesa Goa (he started his investing career with this stock only) last month...dont know whether he still holds... ------------- "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 |
Posted By: Kalyan
Date Posted: 16/Apr/2007 at 12:10pm
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I have read in Economic Times that Taneja Aerospace and Titan will beat market in 2007 can anyone know whether RJ bhaiya has entered in Taneja Aeropace . ------------- kalyan |
Posted By: PKB2000
Date Posted: 22/Apr/2007 at 3:37pm
------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
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Posted By: kg
Date Posted: 25/Apr/2007 at 2:47am
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hi basant,
hv been an avid reader of ur threads and have learnt a lot from ur threads on pantaloon...
jss wanted to check / kno if these are also in his portfolio ..
aptech ltd
bhushan steel...he acquired 10 lac shares ..
prime focus ( did he exit after ipo)
regards
Krishna ------------- Lets rock |
Posted By: kishan
Date Posted: 25/Apr/2007 at 9:12am
| RJ is aptech's chairman. you can check out in their website http://www.aptech-worldwide.com/management.html - http://www.aptech-worldwide.com/management.html and the % holding is in previous pages of the same thread ( i guess) |
Posted By: basant
Date Posted: 25/Apr/2007 at 9:21am
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Thanks. Primefocus is there. APtech he is holding through a company so I did not write about it but surely he is the owner in Aptech. Bhushan Steel I am not aware! ------------- '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: heponly
Date Posted: 25/Apr/2007 at 9:52am
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Yes RJ had entered into Bhushan in 2005. Here's the link.
http://economictimes.indiatimes.com/articleshow/1058391.cms - http://economictimes.indiatimes.com/articleshow/1058391.cms
Warren Buffet had entered into Posco in 2006 beginning. Surprising that these guys have entered Cyclicals.
Aptech is almost owned by RJ. Now Aptech is the preferred Software training partner for Infosys. RJ & Reliance capital own huge chunk of Prime focus.
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Posted By: deveshkayal
Date Posted: 26/Apr/2007 at 12:36pm
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I dont know why RJ is bullish on MTNL...heard on the street column in ET points to that...u will get a hint how they have put it...as below
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A not very "rare" investor who likesTitan and infrastructure stocks is learned to have accumulated huge amount of MTNL recently.Shares have had a bumpy ride on the bourses ever since the company declared modest results on Tuesday. As a matter of fact the stocks has been simply moving sideways for the past few months.But if this high profile investor has his way,all this may soon change.The investor reportedly is of the view that at 150 levels,the stock is grossly undervalued. He sees an upside of almost Rs.500.
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I think we should find out soon what he sees that we cannot see.Or will MTNL go the Mid-day Multimedia way.Only time will tell.
If u still dont get the hint...his firm name is Rare Enterprises and he holds Titan and Nagarjuna. ------------- "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 |
Posted By: xbox
Date Posted: 26/Apr/2007 at 12:46pm
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Merger with BSNL pre-IPO or post-IPO is his theme ( I imagine). He could become king of Telecom in India by picking MTNL.
Govt will refuse till end before merger if Indian and Air India is any example/hint...
He is smart guy with doordarshi dimag and big pocket. Apan to teeno kee bagar hai..:-(( ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: tigershark
Date Posted: 26/Apr/2007 at 12:53pm
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obiviously he is eyeing the 8000crs bid mtnl has received for some of its real estate.with the govt planning to make broadband free that should hurt mtnl ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: basant
Date Posted: 26/Apr/2007 at 1:21pm
Do not take all that on face value. they are operator planted also. MTNL has a market cap of Rs 9400 crores so RJ if he were convinces should have put in at least Rs 95 crores and that means we should have his name on the BSE site?
Most of the time the sprite advertisement works well " Dikhave pe mat jao...."
I could have missed Tv18 and bought Tv Today had I followed him blindly. We should use the big names for direction not destination ------------- '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: kattur
Date Posted: 26/Apr/2007 at 1:52pm
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Does anyone know anything about a stock called Futura Polyesters Ltd - heard on CNBC a few days back that RJ has a bit of a stake in this company - also Jagdish Malkani recommeded it highly for a slightly longterm investment ------------- kattur |
Posted By: kulman
Date Posted: 28/Apr/2007 at 12:53pm
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We should use the big names for direction not destination
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This quote is the best one so far.
Just one small correction: One should be very very careful about whothat 'big name" is! ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: kg
Date Posted: 01/May/2007 at 6:51pm
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Is the shareholding pattern out for most of the companies ...can we identify the movement in RJs stocks ..I understand he sold some BEML stocks. ------------- Lets rock |
Posted By: deepinsight
Date Posted: 01/May/2007 at 11:10pm
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Can someone explain what RJ sees in Bilcare - he seemed very bullish on it. Cannot see (my ignorance) how the competitive edge in R&D in packaging can translate into huge economics/margins/durable advantage over long term.
------------- "Investing is simple, but not easy." - Warren Buffet |
Posted By: basant
Date Posted: 01/May/2007 at 12:13pm
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Bilcare has not performed after the initial rally - at least that is what I can remember. ------------- '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: nikhil090
Date Posted: 02/May/2007 at 8:46pm
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I would disagree here. Bilcare is up by more than 50% from the Feb/March lows. So it is performing much better than the market.
Pharma is a very scalable field for indian companies - they are the most cost competitive around the world (with China). The feedback on Bilcare's packaging solutions is very good. They are the leader in this space in INdia. Their packaging solutions are innovative and provide ease of use to the companies and are more durable. Besides that they have entered into an area of Clinical trial research which is an opportunity which will scale up over the next 3-5 years.. The space has tremendous potential and Bilcare may be the one to play this on.
The biggest hindrance to analyse this company is that no information as such is available on their website. NO annual report/quarterly results nothing.. Similar to the case of prime focus. But my sense is that it is a good company doing very well and moving into new scalable areas..
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Posted By: deveshkayal
Date Posted: 03/May/2007 at 11:49am
You are right Krishnaji, RJ has 2.4% stake in Bhushan Steel as on 31st March,2007...he has been allotted at Rs.190... ------------- "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 |
Posted By: Rinku
Date Posted: 04/May/2007 at 2:26pm
| I am not sure but Ess Dee is also in similar space(Fidelity and Marc Faber(only indian company in his portfolio) are the investor in this company). |
Posted By: deveshkayal
Date Posted: 13/May/2007 at 10:53pm
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Basantji,can u update RJ's portfolio as on 31st March.Most of the companies must have filed latest shareholding pattern by now... ------------- "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 |
Posted By: basant
Date Posted: 13/May/2007 at 11:03pm
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Would check and do it! ------------- '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: deveshkayal
Date Posted: 20/May/2007 at 10:13am
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Mid-day which RJ bought around Rs 50 two and half years back is still hovering his acquisition price...RJ failed in media stocks. ------------- "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 |
Posted By: basant
Date Posted: 20/May/2007 at 10:29am
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... and he is candid enough to accept that he missed the best ones!!! ------------- '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: kulman
Date Posted: 21/May/2007 at 11:04pm
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Admitting/accepting one's mistakes candidly is one of the best qualities of greatness. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: valueman
Date Posted: 29/May/2007 at 2:31pm
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Any news about RJs views on Hawkins Cooker ? He diluted his stake in it in 2005 but still holds a portion of it . |
Posted By: Kalyan
Date Posted: 29/May/2007 at 5:08pm
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RJ has entered TTK Prestige a cooker maker and total kitchen solution provider. ------------- kalyan |
Posted By: smartcat
Date Posted: 30/May/2007 at 6:45pm
| TTK Prestige is also a real estate story. They have some 80 acres near Bangalore. Karvy had come out with a report on TTK sometime back. |
Posted By: Rinku
Date Posted: 01/Jun/2007 at 10:27pm
| ttk prestige have underperformed hugely since more than a year |