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good discussion , I had HDFC AMC which went 50% up in this volatile market .I am holding it will continue to hold it .

 

Thanks Shabbir...

I would like to quote two contrasting examples from my life as well.

My Dad applied for ICICI Bank IPO in 1998. He purchased 100 shares of FV 10 at a premium of 24 (Rs. 34 per share). We still hold on to them (I purchased the shares from my Dad giving cash during the Chanda Kochhar sage). And that's over 20% CAGR.

I was allotted 150 HDFC life shares during the IPO. I sold them few months ago at 412. Assumption was to pick it back up at 350 again. Never happened. It raced away and I don't have the shares anymore. Lesson learnt.

So now I hold on to HDFC AMC shares with my life

 

Recently there was a thread on twitter which said ITC share price was back to exactly where it was 5 years ago. Same was the case with few other companies too. This got me thinking. I did a small exercise and added few companies to a test portfolio in Valueresearch to check if it was even worth investing in them. However, the 5 year timeline was depressing to look at except for few companies. So I decided to go back by another 5 years.

I added roughly a 1 lakh worth of shares with purchase price as on 17th September 2019. 15 companies in total. Some I own right now and some I track. The results were shocking to say the least. Even with companies that performed horribly over the last one-two years the CAGR is over 25% for a decade. That's an excellent return. I have only taken well known companies to keep the illustration simple. Thought it may seem this is all in the hindsight, it will help us understand that long term investment works best. So keep the faith, research well, and stay the course. That's what I intend to do.

Dividends, splits, and bonuses have been accounted for. View attachment 1144 View attachment 1145

 

Very nice moves by Take Solutions.. Up by almost 35% from bottom. I am invested at Rs 125 levels, though in small quantities.

Reading their management views, they seem pretty confident of future growth.

Regards
LD

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Dear Shabbir,
Can we buy take solution now the stock starts moving up
Your view

 

Thank you very much sir for your timely help.

 

I agree we are in recession in many sectors including autos. But overall not as yet.

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It is all in annual reports. Moreover reading annual reports of competition which I found in @shabbir's book. He shares a very commendable example.

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I will add long term growth stories that aren't bothered in current turmoil. Will avoid news based investing

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Why the price price of yes bank has fallen?
What is the main reason un like dhfl.

Thanks
Moiz bhanpurawala

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Dear Members, please tell me the process to calculate market share of any company. Name of any website where market share is given is also welcome..

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Thanks for your view.

Do you thinking merging of 12 psu bank will help government to save this bank.

Thanks
Moiz Bhanpurawala


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I am holding more than 5k of Yes Bank. There is nothing much we can do for Yes Bank. The stock has been hammered by news, news and more bad news. In fact what I feel is that there is nothing more bad can happen to the stock besides it dipping down to 40 levels. That would be the final bottom if it happens. Give some quarters and it will surely recover. It's not a dead Bank.

I would not say we are in recession yet. We might enter one soon if sentiments don't change for good. But I don't see any positive news coming in the near future. Things have gone from bad to worst. Government intervention has not worked at all. In fact it has further spiked the negative sentiments.