October report on ‘Bottom fishing in 2012’

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Date: 3-Oct-12

In Jan 2012, JainMatrix Investments published the report ‘Bottom fishing in 2012’. To read this now, click on LINK

The report indicated that: ‘A bottom is in place, and the price reversal has started‘; there is ‘a change in sentiment‘ and ‘a coordinated rise ’in the share prices. It suggested a portfolio of nine stocks for preferably SIP investment. They are Mid/ Small Caps with potential.

Nine months later, we will review this portfolio for investor gains – how has it performed?

Company

Report

Jan 17th

Review Feb 20th Gain/ Loss % Review

3rd Oct

Abs. Gain/ Loss % Sector Mkt Cap k Crores Find out more?
KEC International 49.1 61 24 72 47 Power M – 1.8 LINK
Yes Bank 285 364 28 398 40 Bank L – 14 LINK
Titan Industries 185 232 25 258 40 Consumer L – 23 LINK
BGR Energy Systems 229 339 48 279 22 Power M – 2.0 LINK
Binani Industries 121 124.1 2.5 132 9 Cement+ S – 0.4
Diamond Power Infra 111 138 24 119 7 Power S – 0.4
IRB Infrastructures 153 208 36 156 2 Infra M – 5.2 LINK
Hanung Toys & Textiles 128 140.6 10 124 -3 Consumer S – 0.3 LINK
Adani Port & SEZ 135 150.5 12 128 -5 Ports, SEZ L – 26 LINK
Average 23.2 17.5
NIFTY 4,967 5,564 12 5,722 15
Sensex 16,466 18,289 11 18,858 14
CNX Midcap 6,764 7,925 17.2 7,952 17.5 k – ‘000
BSE Small Cap 6,290 7,116 13.1 7,161 14 M-midcap

Observations:

  • Definitely the portfolio is up since Jan, and on average the shares have gained 17.5%!! It has outperformed all indices except the CNX Midcap, and is on par with this.
  • Investment in a SIP fashion from Jan’12, would give absolute gains of 10.4% so far, annualized to 16%.
  • Supporting this portfolio are new research reports for Adani Port and Yes Bank, included in above table.
  • The recent upturn in indices has helped as we bought earlier at lower levels. We continue to be optimistic of the prospects of this portfolio.

Suggestions and Risks:

  • This portfolio will appreciate, but invest with a minimum one year perspective.
  • This is an aggressive portfolio. Do not put all your eggs in one basket. Invest monthly in a SIP form.
  • Past performance is no indication of future results.

Additionally:

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Disclaimer:

These reports and documents are prepared by JainMatrix Investments Ltd. They are not to be copied, reused or made available to others without prior permissions; for any questions contact the director of JainMatrix Investments at punit.jain@jainmatrix.com. Also see: https://jainmatrix.wordpress.com/disclaimer/

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