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CG Power and Industrial Solutions

New Member

74 Messages

Thankful as always to the people in here. CGs forum is very well regulated, well articulated and full of optimism. It is a true example of what MoneyControl had set out to become. However, the story for me will be nearing its end now, somewhere around 400-450 levels. I will will booking the profits and moving into another promising business, ie. RBA(Burger King India). This is not a buy call. I would like to thank Vigai, Mahabali and many many other members who I had the privilege to talk to since Dec 2020, the first time I entered CG. All the talk about Corporate Governance, EV, Innumerable Investors-Meets, Consumer Electricals foray etc, turned out to be true. What a game changer patience can be, if one has studied a firm well and found the one, which ticks all of his parameters of greatness. If for some reason RBA goes from the present levels(100) to beyond 200 in a quick run, I would come back and park some further gains back in CG(I am, firm believer in CG touching 4 digits in 3-4 years), but for now I am exiting with almost 80% investments in CG. My conviction for RBA, is primarily built around reading Peter Lynch and how he made great money on simple ideas around us. RBA is poised for great returns and has fortunately not participated in the recent 6 months rally. I am counting on their continuous store expansion to bring in revenue, once the populace around those new stores gets used to Burger King as the nearby affordable QSR preference. I would always wish for an investor forum to be what CGs was. A Gold standard was set here. Wishing all us great returns. Happy meeting you all.

8.35 PM May 26th
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