This presentation on S Chand is delivered in @TIA_Investors 20-20 Ideas Summit by @niteen_india, Niteen S Dharmawat, co-founder of Aurum Capital, on 06 Mar 2021.
Regards,
Aurum Capital
This presentation on S Chand is delivered in @TIA_Investors 20-20 Ideas Summit by @niteen_india, Niteen S Dharmawat, co-founder of Aurum Capital, on 06 Mar 2021.
Regards,
Aurum Capital
On 1 September 2020, the Supreme Court of India announced the verdict on AGR, allowing staggered payments over a 10-year period to telecom operators. This document provides a summary of the verdict for a layman. Aurum Capital views the resolution positively.
Regards,
Investment Advisors Department,
Aurum Capital
SEBI Registration No: INA000011024
Website: https://aurumcapital.in/services
We published the performance note on the 2nd anniversary of Aurum Capital.
Some of you suggested to include the assumed returns from the cash we were holding the portfolio and also include the performance during the first year. We have included both the performances.
The performance indicates our focus on value investing while protecting the capital along with patience and conviction. During this period, we did not panic and tried to help our subscribers wading through this tough time.
We stayed the course and our subscribers are now reaping the benefits of the resilience of the portfolio which has significantly outperformed all the relative benchmark indices across all periods.
A note about our performance measurement practices and recommendations:
Our performance note of 2nd Aug 2020 with the current market view
Aurum Capital yearly performance note and current view: Aug 2020
This is the performance note sent to our paid subscribers on the 2nd anniversary of Aurum Capital.
Happy Investing
Regards,
Investment Advisors Department, Aurum Capital
SEBI Registration No: INA000011024
Website: https://aurumcapital.in/services
It was fun to present this at a TIA online event on Aug 1, 2020.
This is related to contrarian investing, especially in cyclicals. How one can try to evolve a strategy of when to invest in these stocks and importantly, when to exit. With case studies and also a current view on different sectors
-Jiten Parmar
Here is the video link of the presentation by Niteen S Dharmawat made at CFA Institute in Mar 2020. Time: 126mins
Watch @niteen_india, co-founder, @CapitalAurum, present "How to Avoid Common Mistakes and Uncommon Losses" at an event organised by CFA Society India, Pune chapter.
Link: https://t.co/k490YphJgJ pic.twitter.com/b6LoW0TnuF
— CFA Society India (@CFASocietyIndia) April 6, 2020
The current view on the market sent to our subscribers.
Aurum Capital Current View on Market: 06 Mar 2020
Dear Subscribers,
We were seeing a turnaround in the economy, and now two back to back events seem to be jeopardizing this in the short term viz. Coronavirus and Yes Bank issue.
Novel Coronavirus or COVID-19 or Coronavirus:
Coronavirus started in China and has now spread across the globe. Our initial analysis says that this is a highly contagious virus, but has a lower mortality rate as compared to Ebola, SARS, and H1N1. The deaths have been mainly confined to 60+ age group, where immunity is low. It is also probable that the virus effect will be much lesser in warmer and tropical climates. India has also reported cases of the virus. The first 3 confirmed cases have recovered, and till date, there is no death reported due to the virus in India.
It may be a bit early to assess the damage. Let’s wait and watch. It may cause a significant disruption in the short term and significantly affecting supply chains, travel, hoteling, movie exhibitions, and large gatherings to name a few. We think that this too shall pass. We should shy away from making short term decisions and look at the longer-term picture.
Yes Bank:
There has been a withdrawal limit on Yes Bank depositors for a period of one month. Yes Bank had problems in its balance sheet and it was fairly known. It’s the fourth largest private bank in India with deposits in excess of 2 lakh crore. We feel it’s too important a bank to fail. Our belief is that depositors will be rescued. It really depends on how the government and RBI tackles this issue. It does create short term uncertainty but is a part of a larger cleansing process of the economy. If this is not handled swiftly, it may lead to deterioration of confidence in the banking and financial system. The government and regulator will definitely try to avoid it.
Our long term view on the economy and the growth prospects does not change. We should continue to be invested if our horizon is long term and look at opportunities to add to our investments.
We had seen that in the Dec-end to Jan period, broader markets had done very well. Post that, the Coronavirus issue and now the Yes Bank issue has hit the investors. Our firm belief is that once this tides over, we should be back on our path to better times.
Our Portfolio:
We have chosen our stocks with a lot of thought and research. We remain confident in our portfolio in the long term. We continue to track and research all our investments rigorously.
Subscription:
We had given a limited-time offer of a 20% discount mainly for the benefit of renewals of our client subscriptions. We thank you for the overwhelming response on renewals. The members who have not renewed may avail of this. We will be closing the 2-year plan and 20% discount soon.
We wish you the best on the upcoming festival of Holi.
Happy investing
Regards,
Investment Advisers Department
Aurum Capital
SEBI Registration No: INA000011024
The link to the video recording of the event is in the tweet.
@niteen_india will be in conversation with Dr @anillamba03 on his latest book "Financial Affairs of the Common Man" on 29 Feb (tmorrow), Saturday, at BDB Club, MCCIA Trade Tower, SB Road, Pune.Time 11:00am onwards.
This event will be live on @teamkpoint: https://t.co/mpBmrD8OCw pic.twitter.com/zCOZoQgB7v
— Aurum Capital (@CapitalAurum) February 28, 2020
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