stocks

Portfolio commentary New buy/sell Stocks– Nov 2017

As mentioned in earlier blog posts also, we have been seller of many of our stocks like Adani enterprise, Rain industries (Which now is multi bagger, though we have small holding left and will be initiating sell soon), Westlife development etc. (Mostly small and Mid-caps) and buyers of Reliance, Tata motors, Jubilant food works and Adlabs entertainment.

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Can Imagica create the magic for shareholders??

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We are big fans of theme parks but the problem in India is either they are too expensive like wonderla holidays or the quality of theme park is way below the standards (Let’s not name the small theme parks with the shitty crowd and stuff). 

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Market @ 9000/- What’s Shikhar Capital is doing???Booking profits and running !!

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So market still stares at 9000/- levels and our earlier targets of 9400-9600 are still intact.

However, again the mid cap and small cap stocks are hitting roughs and whenever stocks like Lycos starts hitting upper circuit we get skeptical. Stocks like Delta corp are up 70 % from Demonetisation and Brexit low. How come they are commanding such (more…)

Nifty @9000 Market commentary!!!

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So, Nifty at the doorsteps of  9000, all the bears are hiding and bulls are on the rampage , so the tide is getting higher.The D mart IPO of 18000 Crores  is one of the biggest and going to suck liquidity but who cares. 2008 bull market ended with Reliance power IPO, but before that DLF IPO (IPO price 1000  right now at 145 ) and Big Bazaar IPO (IPO price 1000 if I am correct and now n number of companies with god knows the complexity of valuations huh….). So are we on the cusp of the end of this run … we at SHIKHAR CAPITAL don’t think so….. (more…)

What we in India can learn from Berkshire Hathways newsletter 2016-17

So the annual newsletter of Berkshire Hathway is out and has all the wisdom needed for a value investor

 (http://berkshirehathaway.com/letters/2016ltr.pdf)

 

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Since Indian markets are at their higher end of valuations and all the stock recommendations from Shikhar capita are doing pretty well, it’s become very difficult to recommend new stocks, However

we decided to decode warren Buffett’s annual newsletter and how we read it … (more…)

What’s happening with TATA MOTORS? A compelling buy at 450/- ??

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So,after a long time markets are above 8800. And again the cigar butt stocks are going to the stratosphere. It’s becoming really difficult to recommend stocks when the stock market are at the higher end of valuations, BTW we still believe we are on to 9600/- soon. At this point of time, we at SHIKHAR CAPITAL are  “All In” as they say in Poker, With top recommendations include Westlife and Jubilant food works.

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Jet airways – Could it fly high?

Should you buy Jet Airways at 375/- 

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One of the toughest businesses in the world is airlines. Risks are too high and profit forecasts always go for a toss. There are long talks by Warren Buffett and Charlie Munger on why airlines are the bad business and their stocks even worst. (more…)

FMCG stocks, tough times ahead thanks to Patanjali

How Patanjali has become one of the fastest growing Indian company …

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A couple of days back I visited a Patanjali superstore in Pune. What I saw was just unbelievable. The quality of store and the arrangements with new Patanjali products was way better than any of the Big  Bazars or Reliance retails(By the way reliance retail stinks).

The wow factor is the product range being offered by Patanjali. I never expected to see sunscreen lotions or Kajal, the Biscuits or choco cornflakes, the Chocolates. All these products which have been the strong hold of companies like Nestle, HUL have been copied in every way. By the way, this reminds me of famous quote  “Good artists copy, great artists steal. Pablo Picasso” (more…)

So what is there after Budget, Elections & Some new Stock recommendations!!

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Hi all,

Thanks for the overwhelming response to the last post !!!! your  tweets were really heartwarming !!

So today’s four point agenda of the post are

1) Budget

2) Elections

3) Some update on recommended socks 

4) New Stock recommendations

I know the order should be upside down so I will keep it short…. (more…)