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What is Gopal Kavalireddi’s view on Eicher Motors stock for investment?

When a particular stock is bought by 117 mutual fund schemes to be part of their portfolio, it shows the conviction, the strength of the fundamentals as well as growth prospects of the company. This is Eicher Motors. In Dec 2017 quarter, Aditya Birla Sun Life, Axis, Edelweiss, ICICI, JM Financial, L&T, Motilal Oswal and many AMC’s bought into this counter.Eicher motors has moved away from being in the tractor business 13 years ago and its main stay today is the Motorcycle and personal vehicle segments.Everyone is aware of the Royal Enfield Motorcycles and the man behind these vehicles reclaiming their iconic status - Siddhartha Lal. With close to a 60 year track record, the company has upgraded its vehicles, manufacturing facilities and has become the benchmark for premium segment vehicles.In addition to the motorcycle business, Eicher Motors has a JV with the Volvo group, called the VE Commercial Vehicles Limited, which designs, manufactures and markets trucks and buses. Eicher also has a JV with an American company, Polaris Industries Inc., to design, develop, manufacture and sell a new range of personal vehicles, suitable specially for India and other emerging markets. This JV has commenced its manufacturing at a facility at Jaipur.An excellent image capturing the company’s progress was given in the recent investor presentation[1] , and I am sharing it for easy understanding.The financials are very good, with the company maintaining its operating profit margins well above the 30% mark for the last 7 quarters consistently, and even the earlier 4 quarters before that were around the 27%, which is outstanding.With a very small share capital of Rs. 27 cr and a negligible debt of Rs. 44 cr. the consolidated networth stands at Rs. 5345 cr,, BV of Rs, 1960, promoter shareholding > 50%, the stock is trading at a premium valuation of 39X its TTM EPS of Rs. 718. Of course, the company has always been that way - a premium product based company is entitled to a premium valuation.With the FV still at Rs. 10, a 1000% dividend is simply awesome !!!The stock didn’t disappoint its investors who stayed invested over the last 10 years. The return over the last 10 years was a mind boggling 9375%.The sales volumes have been on the rise for quite a few years and after seeing a tremendous growth continuously on a y-o-y basis, the company might be looking to stabilize at around the 30% -40% growth levels.Operating with 761 dealers, 3 manufacturing facilities and close to 3000 employees in India, the company has witnessed rapid growth. Royal Enfield has 35 stores in international locations.The recently released sales numbers have been good[2] with a 25% increase in overall monthly sales.Even its JV, Volvo Eicher Commercial Vehicles (VECV) commands a market share of 27.6%, 30.7% and 4.4% in Cargo Trucks, Light and Medium Duty trucks and Heavy Duty trucks respectively.Readers need to remember that, Bajaj Auto as well as Harley Davidson are planning to disrupt this segment in a big way, with their planned introduction of newer models. With customers ready to pay for branded high end motorcycles, competition is going to increase, as premium segment is the preferred choice.Eicher is preparing itself to face these challenges:Recent Updates:On Mar 8th, the company informed that Royal Enfield has stepped into the pre-owned, refurbished and restored motorcycle segment to serve potential Royal Enfield customers interested in quality tested and certified-pre-owned (used) motorcycles[3] .The company is continuously introducing new models and expanding their distribution network to make them available to all customers. On Feb 28th, the company launched a new range of its popular model Thunderbird — Thunderbird 500X and Thunderbird 350X — priced at Rs 1.98 lakh and Rs 1.56 lakh (ex-showroom Delhi), respectively[4] .Conclusion:On an overall basis, the company has done extremely well over the last few years and is continuously taking initiatives in innovation, distribution, geographical spread and many more areas. The company might not sustain the 60% or 70% y-o-y growth witnessed in the earlier years, but will continue at a more stable 30% - 40% growth rate.However, how many shares can any retail investor purchase at Rs. 28,000/share?.Similar is the case with other large priced companies like Bosch, MRF, Page Industries etc. Hence, I took the MF route by investing in schemes which have inturn invested in these stocks, so that I can get the benefit of their growth, without selling everything that I own, to bring in the capital, to buy a large quantity.Financial data source credits: Screener and Eicher Motors press releases to BSE on sales volumes, investor presentation, Q3 results.Footnotes[1] https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2d1ffab-bb1b-4749-9e9a-4bec74925b7b.pdf[2] https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1e6d9f3-4aa6-4b63-ae24-c65061e19704.pdf[3] Royal Enfield forays into pre-owned bike segment, launches ‘Vintage’ store[4] https://www.thehindubusinessline.com/companies/royal-enfield-launches-new-range-of-thunderbird/article22877594.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

What are the best five stocks to buy if the stock market corrects 10-20% from current levels?

Here will be my list if correction of whooping 10–20% happens overnight on the basis of strong fundamentals and future prospects -Tata ElxsiReliance IndustriesPetronet LNGBEL ( Bharat Electronics)Titan or PC JewellersOne Bonus Sixth call could be for Mahindra & Mahindra.Regardless if such big correction happens or not in reality these are such kind of share which you can always accumulate at every dip , I am sure they will keep growing in a long run.PS - You may choose to upvote if you have any of them in your portfolio already.Edit 1 - As some people in comments have requested to see reasons behind my favorites , I am now providing a brief fundamental analysis of these 6 , if you are also interested then read further otherwise my answer has ended here but don’t forget to upvote :).Reliance Industries - I don’t think it needs any introduction with Jio’s inception Reliance’s market value will grow more and more. A portion of India’s GDP relies on this company solely. If you are a long player you can invest anytime in this company.Titan - This company has been around us for ages from watches (Brand-Sonata) to jewelery ( Brand - Tanishq) to Eye wears (Brand - Titan eye plus) . I hope you know Fastrack is also Titan’s product. To end is I would just like to add a very interesting chart which shows this company has been giving almost 100% return from last 5 years which is truly amazing. To me Titan is a very well diverse and premium brand and I don’t see any threat to its business or any major competitor appearing anytime soon.BEL (Bharat Electronics) - One of two subsidiaries of Indian defence which is listed in share market (in total there are 10 but rest are not listed) , currently it is the manufacturer of almost 35% of defence equipments in India which is good enough reason and speaks about this companies future. Still providing you its 5 year P&L and technical chart below -Below picture shows how much percent you could have earned if you started investing in this company 5 years ago till one week ago . Its a Government owned company could be a slow mover but very solid.PC Jewellers - This brand has been one of the popular Jewelry brand it started from Karol Bagh , Delhi in 2005 and is a first generation business , it has now almost 70 showroom all over in India and is planning to increase their presence aggressively. Let’s look at how this company has been performing year on year from 2013 quite decent isn’t it.Tata Elxsi - It is a Tata group company focusing on design and automation. I feel this company has right focus and could be a beneficiary of Smart city concepts and is already contributing a lot in increasing demand of auto industry to deliver Hybrid engines , safety features , entertainment and sensors etc.Lets quickly look at its 5 year profit and loss data in single image it is an ideal growing graph but you may say numbers are not huge but compared to its worth which is close to 6000 crore it is not bad at all. This company has scope to grow more and more.Petronet LNG - Its one of premium company providing LNG. It is a joint venture between India’s top oil companies - GAIL , BPCL , IOCL and ONGC each have 12.5% of shareholding in this company. Last quarter performance result - Press Release Qtr 02 2017-18 . Recently Moody’s has also upgraded its rating to Baa2 to Baa3 (Moody's upgrades issuer ratings of 5 Indian non-financial corporates following sovereign upgrade) . I am pretty sure Government of India would want to introduce LNG as house fuel instead of LPG cylinders in upcoming year as it would decrease logistic costs and bring more safety and allows them to take back subsidies which are given on cylinder which people are not willing to give up. I see a bright future of LNG shares in India whether its IGL or Petronet LNG.Mahindra & Mahindra - an innovative and diversed automobile company. They are setting steps towards electronic vehicle market though they already have one on road which is REVA (not quite popular though). They plan to launch two more electric car by 2019 , I don’t think any other company is close enough to launch electric vehicles yet in India.Thanks for reading.Please upvote if it was informative for you.Note - This is my personal view , please please do your own research before investing.

How do I buy Onlyfans stock?

OnlyFans is a social media website enabling Users to upload their content and/or view other creators’ clips or photos or other materials and pay in the form of the subscription fee on a monthly basis, tips or py-per-view. It is very popular in the adult entertainment industry. Its parent company is Fenix International Limited (FIL) which is a private limited company. It is a privately held business existing in the form of a Limited Liability Partnership (LLP).(Overview (free company information from Companies House))Private company stock is offered exclusively to its employees and investors. If you are an employee of FIL, you can buy the shares from FIL. As an investor, you need to be careful in buying private stocks since private companies are not registered with The Securities and Exchange Commission (SEC) and not required to provide inside information to the public such as their financial soundness, historical sales, and profit trends.Are you an angel investor or following a venture capital group? Investing directly in private firms is usually reserved for wealthy individuals who can handle the additional illiquidity and risk that goes with private investing.You can just buy the stocks as an “arm’s length” investor who does not involve their business, or you can join the company as an employee. For an investment of significant size relative to the total capitalization of the company, you may be expected to participate as a member of the company's board of directors to advise on the policies and direction of the firm and to review management performance.Overall, it is harder to invest in a private-owned company than public traded one. There are diversified investment vehicles for you to gain exposure to the company and get returns. Certificates of deposits(CDs), bonds, options, futures, cash equivalents, pension plans, and hedge funds are all good choices. Futures are derivative financial contracts that obligate the parties to transact an asset at a predetermined future date and price.Thanks for reading.Sources:How Can I Sell My Company Stock?How to Invest in Private CompaniesHow to Properly Invest in Privately Held CompaniesFutures

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