Cyclicals vs Coffee Cans
PMS fund manager Shyam Sekhar said in the battle between cycles (cyclicals) & coffee cans (portfolio), cycles have a history of kicking the cans down the road. “You should know (how) to play the cycle. Ride it smartly. And, go to safety before the party ends. The can will stay where it is and can be picked up later. No disrespect to either.”
In the battle between cycles & coffee cans, cycles have a history of kicking the cans down the road.You should kn… https://t.co/5qY17jWz4n
— Shyam Sekhar (@shyamsek) 1628952456000
Time to ditch FMCG?
Sekhar said FMCG stocks look expensive to him right now. “I have bought FMCG stocks before. I will certainly buy them again. But, right now, they look expensive to me. When I get more value for the buck, I will surely look at them. Blindsided investing is not my idea of investing,” he said.
I have bought #FMCG stocks before.I will certainly buy them again.But, right now, they look expensive to me.W… https://t.co/spZfgTrWb7
— Shyam Sekhar (@shyamsek) 1628952117000
Amid the rush for IPOs and NFOs, DSP Mutual Fund’s Kalpen Parekh reminded investors that IPOs are nothing but stocks and NFOs are nothing but funds that invest in stocks. “The risk is exactly the same. That of equities and stocks as an asset class. There are good NFOs and good IPOs, just like good stocks and good existing funds. And vice versa too,” he said.
IPO s are stocksNFO s are funds investing in stocksThe risk is exactly the sameThat of equities and stocks as… https://t.co/Fpnk2fWuRe
— Kalpen Parekh (@KalpenParekh) 1628485470000
Value investor Safir Anand gave out five reasons why deserves to be re-valued given valuations – profitability, diversification beyond pizzas (Biryani, Chinese), more user interface, rights outside India and a tested cash flow model.
Jubilant foodworks deserves to be re valued given Zomato valuations asA) profitable B) diversified beyond pizzas… https://t.co/vqiVHmKaes
— Safir (@safiranand) 1628757233000
Among largecaps, Anand is bullish on SBI, , ICICI Bank and HDFC Bank. “This excludes IT. I continue to dislike autos, infra,” he said.
Large caps looking good to me personally include sbi, bharti, ICICI, HDFC bank (post Goldman call). This excludes I… https://t.co/hXYgb7rUty
— Safir (@safiranand) 1628834191000
Independent market expert Sandip Sabharwal said as significant capital expenditures are being announced by companies across the board, the capital goods sector should see a good phase in the next two years. “Also a space that is under-owned due to years of underperformance. The challenge is to find stocks at reasonable valuations,” he said.
Significant Capital Expenditures being announced by companies across the boardCapital Goods sector should see a go… https://t.co/h25vEgM29B
— sandip sabharwal (@sandipsabharwal) 1628490496000
Mutual Fund NFO’s are being now sold like IPO’s….
— sandip sabharwal (@sandipsabharwal) 1628739231000