Views on Life & on Equity Investing

Wonder, Wealth & Abundance

Mid cap 🧢 to Nano cap 

with 16 comments

I hold as many as 50 companies and find the time right to move from mid cap to nano and small caps post opportunity.  

The four companies in India in nano cap space that I added this week by shuffling existing holdings and not fresh funds which are still being invested in Africa and Australia. I have  been holding these nano caps for the past two or so years are AKME Star Housing, MRSS, TEJNAKSH, SecUR Credentials. 

Please do your own due diligence and give it a weightage in your portfolio such that your serotonin and melatonin levels are manageable. 

Focus on the results and not the prices and look out 20 quarters forward. 

Disclosure: Views are personal opinions. Consult your investment advisor. 

Written by amitdipsite

May 31, 2018 at 9:14 am

Posted in Uncategorized

16 Responses

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  1. Few questions on SecUR Cred::
    a) https://www.entrepreneur.com/article/304076 – There were funds raised from HNIs before the IPO. Management declined to comment on this
    b) There are 39k pincodes covered but the company website says 19k – assume this might be a print error
    c) Payable outstanding for more than 300 days – is it a red flag?
    d) 300% increase in revenue and profit – 2 hard to digest but can be possible. 2013, 2015 were loss making years, revenues are not consistent which would also mean their 300+ client base might not be repeat customers (although they do mention TCS, hero Honda in their customer base). Did the revenue and profits rise exponentially after IPO
    e) Company takes borrowings right after IPO – should this not have been planned earlier

    Please let us know how you feel on these

    SD

    May 31, 2018 at 5:40 pm

    • Hi thanks,

      It looks like you are on the right track and know what you need to look for. Personally, nothing to add.

      Cheers
      Amit

      amitdipsite

      June 1, 2018 at 1:11 am

    • Is Rahul Belwalkar the promoter? the latest shareholding shows the Vyas family had 61%, but dont see any mention of Rahul Belwalkar. Is he just an employee? or was his stake bought out?

      Ashwin DSouza

      June 1, 2018 at 2:30 pm

      • Vyas was the financial backer and promoter, He converted 94 paisa per share to CMP. Rahul is / was an employee but in reality he is the main operational person and Pankaj Vyas is not involved operationally as per my knowledge.

        amitdipsite

        June 1, 2018 at 8:26 pm

  2. how do you find MRSS ? any red flags ? found below blog about many red flags…can you please check

    https://dhruvapandey.wordpress.com/2017/11/13/majestic-research-services-sltns-ltd/

    vishalpaliwal1

    June 1, 2018 at 5:57 am

  3. There are certain red flags raised in the case of MRSS in this blog – https://dhruvapandey.wordpress.com/2017/11/13/majestic-research-services-sltns-ltd/
    Can you please have a look and comment on the same.

    mg108

    June 4, 2018 at 8:40 am

  4. Sorry, there is a smae commnet above. I did not read that

    mg108

    June 4, 2018 at 8:41 am

    • If its a fraud it will go to ZERO, if its not a fraud it will go to 1000 Rs in 2 years, so place your bets accordingly :-0

      amitdipsite

      June 4, 2018 at 10:12 pm

  5. Hi Amit,

    In small do you track Deccan gold mines, some good developments happening in the company, kindly share your thoughts.

    Regards,
    Shaileesh

    Shailesh

    June 5, 2018 at 2:38 am

    • Dear Shailesh, I am not following Deccan gold mines, so not in a position to comment, Thanks

      amitdipsite

      June 5, 2018 at 2:53 am

  6. Hi Amit,

    Do you find any consumption story in India which has good chance of becoming a multibagger like McDowell and Britannia was 15 years back,

    Regards,

    Shailesh

    Shailesh

    June 5, 2018 at 3:24 pm

  7. Hi ,

    Read your posts very regularly sir. Very interesting and provoking reads.
    I would like to know what do you think about the arbitration going on between Rahul Belwalkar and CRP ? Seems to be a case of ex management person developing a difference of opinion and striking out on his own. And he has left the Intellectual property in dispute. Would this case get solved easily and what is your framework to think about this situation ?

    Regards 🙂

    Vinay

    June 5, 2018 at 7:15 pm

    • Zero impact on my thinking of arbitration. There isnt any dispute between CRP and SecUR. 🙂

      amitdipsite

      June 5, 2018 at 7:17 pm

  8. Going forward on Akme, is your bet on promoters strong competence within Rajasthan which is a big enough market for lot of upcoming NBFCs. Also have you seen SRG Housing

    BHAVIK MEHTA

    June 22, 2018 at 6:14 am


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