Shri Jagdamba Polymers

Reasons for buying:

Buy PE was reasonable at 16.69 and above 10 years PE median of 9.65. I paid a premium for this stock.

Earnings have increased since 2012 and at a good rate.

Return on equity is excellent at 36.36%.

The market cap of the company is ₹905.75cr.

The debt of the company is ₹43.01cr with ₹14.04cr in cash.

Buy date: 12-Nov-2021

Qty: 9 Buy Price: ₹1,069.00 Buy EPS: 64.02 Buy PE: 16.69

The price of the stock is down about -3.65% from my buy price.

The company is in the business of manufacturing technical textiles.

TV Today Network

Reasons for buying:

Buy PE was reasonable at 11.41 and below 10 years PE median of 16.02.

Earnings have increased since 2012.

Return on equity is ok at 14.12%.

The market cap of the company is ₹2,074.08cr.

Debt-free company with ₹260.46cr in cash.

Buy date: 29-Oct-2021

Qty: 33 Buy Price: ₹298.5 Buy EPS: 26.16 Buy PE: 11.41

The price of the stock is up about 17.05% from my buy price.

The company is engaged in Television programming and broadcasting activities.

Gandhi Special Tubes

Reasons for buying:

Buy PE was reasonable at 12.63 and below 10 years PE median of 14.14.

Earnings have increased close to 55% since 2012 hoping the recent momentum from 2015 will sustain and can provide at least a 10% return.

Return on equity is good at 22.7%.

The market cap of the company is ₹558.79cr.

Debt-free company with ₹68.79cr in cash.

Buy date: 28-Oct-2021

Qty: 23 Buy Price: ₹431 Buy EPS: 34.12 Buy PE: 12.63

The price of the stock is down about 0.23% from my buy price.

The company manufactures and markets welded and seamless steel tubes of different sizes and specifications and cold-formed coupling nuts.

Dolat Algotech

Reasons for buying:

Buy PE was reasonable at 8.76 and below 10 years PE median of 15.

Earnings have increased since 2018.

Return on equity is excellent at 50.30%.

The market cap of the company is ₹1,569.04cr.

Buy date: 28-Oct-2021

Qty: 117 Buy Price: ₹85 Buy EPS: 9.7 Buy PE: 8.76

The price of the stock is up 5% from my buy price.

The company is engaged in trading in shares, securities, and commodities through various stock or commodities exchanges.

Jenburkt Pharmaceuticals

Reasons for buying:

Buy PE was reasonable at 11.02 and below 10 years PE median of 12.45.

Earnings have increased close to 4 times since 2012.

Return on equity is good at 18.49%.

The market cap of the company is ₹254.34cr.

The debt of the company is ₹3.71cr with ₹56.76cr in cash.

Buy date: 19-Oct-2021

Qty: 20 Buy Price: ₹484 Buy EPS: 43.9 Buy PE: 11.02

The price of the stock is up about 15.05% from my buy price.

The company is engaged in the manufacture of pharmaceutical formulations.

Company stock

I have a small portion of investment in company stock via SPP where the company matches my investment. As of today, the amount is 1% of my net worth. The investment policy statement suggests I should keep the money invested for a long time but I can keep my investment in the company as long as I stay with company.

+ve's if I keep my investments?

The share price can increase and when I cash in at the time of leaving it could provide me with a few months of expenses.

The expenses (currency exchange) will be less if I sell my investments in one go rather than selling every year.

How will I invest the money if I cash in?

I may use it for expenses rather than investing if I cash in now. Considering I am planning for travel, I may use it, and keeping it in shares will avoid unnecessary expenses.

I would not be selling this company either as ROE is 15% and PE is only 22.73.

-ve's:

The share price can drop when I cash in and I will lose my capital.

I have to cash in when I leave the company, can not keep it for long for the price to recover in case of a drop.

Would I be buying this company now with my money if not for SPP? I do not think so.

***

I do not see an urgency to sell now and probably will use it in case of an emergency.