Share worth buying…my view…
I hate giving tips…and hate people asking for tips. When a person who does not know me from adam sends a mail saying “I have L&T bought at 1485…what should I do now?”. Sorry, I can only delete the mail. I need to know a person before I can recommend anything to him or her. Sorry I am made that way.
However, I do have a portfolio – Coromandel International is one share and it is a significant value in my wife’s portfolio and my Dad’s portfolio. Theoretically I can say I personally have only 2500 shares, but the other portfolios have more, much more. This is my disclaimer – I actually need not give it – my influence is insignificant, and legally it is not necessary..:-) but just by way of abundant caution..
I was always convinced Coro Int is a good buy because of the foreign tie ups for raw material, strict cost control, understanding the markets, etc. Have held this share from a ridiculously low price..so here is an article. If you think it is a plant, so be it..
http://www.dnaindia.com/money/comment_renewed-agri-focus-boosts-coromandel_1522289
Pavan Kulkarni
Subra,
Don’t you think its net profit margins are not-so-great? 🙂
subra
look at a 10 year CAGR along with dividend reinvestment – it has licked the sensex by a mile. what more can u want?
rahul
Thanks for the post. I did research on the company & yes, I did buy some of it.. thnks… Just wanted to check what time horizon u plan to keep it…
subra
rahul
my holding period is normally forever. The first time I bought coro was in 1986 or 88! Have bought it many times after that, as well as sold when I thought the prices were too high. So I frankly do not have a time frame…
rahul
gotcha…. keep up the gud work….
any more suggestions coming straight from the horse’s mouth.. 🙂
it really helps.. at least we get to know whom to research upon…
difficult fr people to do the regular work and research stocks also….
arunima
I was looking for the best delivery stock tips and came across your site.
its quite interesting !!
Thanks for sharing
Lalit
Nice point made