We like debt free companies with good cash, i feel investors too should aim same for own portfolio that is good bottom line along with good cash in hand parked in liquid funds /tax free bonds . This will give regular annuity income & regular cash flow.
We have seen down grade of rating for Saudi Arabia & Bahrain it is possible that it may have negative impact as many of Indian companies have businesses over there & few Indian banks have branches over there . there is talk of that down grading may lead to devaluation of currencies too. thus uncertainty to prevail.
This may lead to more NPA , and banking to have more pains .
Investors need to be cautious even in pvt banks too.
Fortunately we avoided banking / metals / psu stocks / engineering business related with oil& gases over last few years , it is very important where not to invest,
It is always better to stay with performing businesses .
We may see good business opportunities in view of falling raw material prices at the same time it may not be easy to earn decent gains in portfolio in 2016/17.
Investors need to spend good time on study & practical approach to identify sectors .
No comments:
Post a Comment