IMHO this is a year of capital preservation. 0 is greater than minus. Not the best year to seek value but only focus on growth and management quality. Of course, I could be horribly wrong.
— Anuj Singhal (@_anujsinghal) June 19, 2018
Source: DRHP Filings of Kenvi Jewels
Average annual cost per employee (including senior management) is 1.42L !
Some stuff I am reading today morning:
Expect sharp global correction by Diwali (Udayan Mukherjee)
ICICI Bank Board finally gets a spine (ET)
Enforcement Directorate arrests Geodesic MD, Chairman (AA)
Lavasa: Billionaire’s folly, Banker’s nightmare (Quint)
Stock Talk: Omax Autos (The Astute Investor)
US-China trade war intensifies (CNBC)
Stock Markets-Holiday Season (Bala)
Sleepy but well-run companies can deliver super human returns (FT)
How I built my fortune (Katusa)
Jeff Bezos is now the world’s richest man (FE)
This post is in continuation of my coat tailing series (see here)
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Malabar Investments is a well-known investor in the Indian Stock Markets.
It’s top 5 holdings as on 31 March,2018 as per Stock Exchanges is given below:
| Company Name | NSE Symbol/BSE Code | Entity | Value (In Crores) |
| Hatsun Agro Product Limited | HATSUN | Malabar India Fund Limited | 186.31 |
| La Opala RG Limited | LAOPALA | MALABAR INDIA FUND LTD | 126.11 |
| Safari Industries (India) Limited | 523025 | MALABAR INDIA FUND LIMITED | 127.41 |
| Safari Industries (India) Limited | 523025 | Malabar Value Fund | 27.13 |
| Security and Intelligence Services (India) Limited | SIS | Malabar India Fund Limited | 125.09 |
| Vaibhav Global Limited | VAIBHAVGBL | MALABAR INDIA FUND LIMITED | 84.77 |
Source: DRHP Filings of Sungold Media & Entertainment Ltd
