Introduction

Although multiple sources of information for equity research are used in the course of equity research, the following publicly available sources of information are tapped and recommended for use for other equity value investors too.

1. Screener.in (for financial performance, every day exchange filings, annual reports etc.) 
2. Ratestar.in (for financial performance, especially return metrics and CCC analysis, key shareholders etc.)
3. CRISIL.com (for sector insights) 
4. Valuepickr.com (blogging site for a long list of listed entities)
5. YouTube (for videos for management interviews, brokerage analysis, industry information etc.)
6. Researchbytes.com (for conference call recordings etc.) 
7. Trendlyne.com (for brokerage reports) 
8. BloombergQuint (for interviews and reports)
9. lme.com, indexmundi.com, tradingeconomics.com and kitco (for commodity price charts)

                and others 

Feel free to post fresh ideas not covered here at bhalachandra.nayak@scintillantcapital.com mention 'fresh ideas' in the subject line.   

Investment opportunities matching the principles of value investing, enumerated earlier, are proposed sequentially below. The proposed 3-5x multibagger investment opportunity, in 3-5 years, are suggested only at the 'Ideal entry price' which is prevalent around the mentioned date.  

Investors should not take any discussion on the website as a recommendation to invest or otherwise. Visitors of the website should not forward edited portions of the website or images, which could lead to misinterpretation of the opinions & analyses. 

Idea # 101 :  Prince Pipes & Fittings (18th February 2020) 

Ideal entry price : 100-120

Detailed evaluation chart below. Do provide you feedback and opinion on this investment opportunity at bhalachandra.nayak@scintillantcapital.com mention 'Idea # 101 : Prince Pipes' in the subject line.
5x target was met in May 2021 

Idea # 102 : Bhansali Engineering Polymers (23rd August 2020)  

Ideal entry price : 38-40

Detailed evaluation chart below. Do provide you feedback and opinion on this investment opportunity at bhalachandra.nayak@scintillantcapital.com mention 'Idea # 102 : Bhansali Engineering' in the subject line.  

5x target was met in October 2021  

Idea # 103 :  Indo Amines (23rd December 2020) 

Ideal entry price : 50-60

Detailed evaluation chart below. Do provide you feedback and opinion on this investment opportunity at bhalachandra.nayak@scintillantcapital.com mention 'Idea # 103 : Indo Amines' in the subject line.
5x target was met in July 2021 

Of all the books that I have read, the one having the most influence on my style of investing and quite a simple read is “One up on Wall Street” by Peter Lynch. 

Peter Lynch believes in investing with a multi-bagging objective and not just the regular low 2-digit annual growth. He believes that such returns come from relatively unheard stocks, from industries that are generally not discussed in the media or by the analysts. Some of these stocks are from products & industries all around us and we need an ‘openness of our mind’, and ‘constantly at it’ kind of an approach for them to be discovered.

Some of the quick learns from the book are summarized below:

*** A perfect stock for Peter Lynch, is one or more of the following

• It has a dull name, even better ridiculous.
• It's business is something dull too, or could be something disagreeable or depressing. Could be involved into something toxic and/or mafia.
• Could be a spinoff and therefore misunderstood.
• Institutions don’t own it. 
• Analysts don’t follow it.
• It’s a no (low) growth industry
• It’s got a niche
• Consumers have to keep buying it
• It’s a user of technology
• Insiders have been buying
• There could be a potential buyback

*** Stocks to avoid for Peter Lynch, are

• Hot stocks in hot industries
• The next something
• Companies diversifying into something irrelevant or expensive
• “Whisper” stocks
• Middlemen run company, large share of sales is through one distributor
• Stocks with exciting names

*** Some of the other takeaways from the book are

• “The bearish argument always sounds more intelligent”
• “A bull market must scale a wall of worries, and the worries never cease.”
• “You can never predict the market, in the next 3-months, 1-year or 3-years, markets will decline sharply. That’s given.” 
• “Trying to predict direction of the markets, is an impossible task”
• “You don’t have to kiss every girl. To come out ahead you don’t have to be correct all the time. Or even a majority of the time.”
• “Biggest winners are surprising. It takes years, if not months to produce good results.”
• “It takes too long for anything to ever happen. Most big baggers I had were in the 3rd or 4th year & some even longer. They grow multi-fold after that lull.”
• “Be patient, watched stocks never boil.”
• “Stock prices and their fundamentals could move in different directions often. But in the long run, the direction and sustainability will prevail”
• “Buying a cheap stock with mediocre prospects is a losing technique.” 
• “Companies don’t grow for no reason. Nor do fast growers remain that way for ever.”
• “You don’t loose anything by not owning a successful stock, even if it is a 10-bagger.”
• “Don’t become attached to a winner, that complacency sets in and you could stop monitoring the story.” “There is always something to be worried about”
• “You don’t improve results by pulling out the flowers and watering the weeds”
• “Trying to catch the bottom on a falling stock is like trying to catch a falling knife. It is better for the knife to hit the ground & stick, vibrate a little & settle down.”
• “It’s always darkest before the dawn. It could be darkest hour after pitch black.”
• “Some arguments are not justifiable. The stock has gone up – hence I must be right. The stock has gone down – hence I must be wrong.”
• “Long shots almost never pay off”
• “Look for small companies that are already profitable and have proven that their concept can’t be replicated.”
• “Invest in companies that are out of favour and haven’t yet caught fancy of the wall street.” 
• “Managerial ability is difficult to assess. Base decisions on track record and prospects, not on the president’s resume or speaking ability.”
• “Invest a lot of time in researching a stock, as much as you would in choosing a refrigerator.” 
• “When in doubt, tune in later.”

*** Peter Lynch considers Futures & Options and Technical analysis are some areas of distraction for long term investors and therefore need to avoid them.