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