http://www.hospitalitybizindia.com/detailNews.aspx?aid=21944&sid=41
A hospitalitybiz article on Byke suraj plaza inauguration plus its MICR/weddings focus.
http://www.hospitalitybizindia.com/detailNews.aspx?aid=21944&sid=41
A hospitalitybiz article on Byke suraj plaza inauguration plus its MICR/weddings focus.
Sharp downward journey of Motherson Sumi started on 6th Aug. We need to find out what changed after this date. Maruti & VW impacted MSS only from 21st Sep.
Mr. Avik G. Duke has been the Managing Director of Duke Offshore Limited since April 12, 2010. Mr. Duke serves as the Chairman of Duke Offshore Limited and has been its Whole Time Director since July 27, 2009. He joined the company in 2008 as an additional director and in 2009 the shareholders wanted him to become whole time director. Prior to this he was VP marketing at Chateau D'Óri a winery based out of Pune. Since the time Avik joined Duke the company turned around and has been making profits before which the company was making losses.
Avik had remuneration of 1.5 lac p.m. in 2009 which now stand at 2.25lac p.m. albeit nearly 10% of the total profit for the year. But, his father George who was MD in 2009 had remuneration of 3.00 lac p.m. Thus, induction of Avik has trimmed down those costs now.
The turn around was marked in the year 2008 even though the global economy was going through slowdown.
So, we can see that Avik is upto something big and hopefully it materializes.
Couldn't find Avik's educational qualifications.
Adjournment of AGM appeared strange. I don't know anybody who attended the AGM
Regards
Krishna
Hi @vnktshb,
I liked the way you made your point. I also liked the info on number of health clubs and the growth. May I request to know how you got the data neatly tabulated the way you presented it? Was it from a site? Which one? I saw the FY15 annual report and didn't find the info tabulated there (although the numbers would be strewn across the pages). Thanks in advance.
HI All,
I am a novice and following VP forum. I have seen various members of this forum which uses DCF with EPS to come up with stock price. I know there are underlying issues in the calculation but I just want to learn this method for knowledge purpose.
Can someone please explain me with help of an existing listed company in our stock exchange.
Thanks in advance
Sunny
Pull out of certain stocks, but do not pull out of the market. My advise is to invest a little money and buy hard copies of some of these books (believe there is a seperate thread on this which you might want to check out as well) and spend some time reading and digesting them.
Its very important that you learn from these setbacks and stay invested for the remaining part being a better investor. To get there in my opinion you need to read and re-read some of these books and most importantly make money on atleast one stock (atleast a two bagger).
My 2 cents:-
I myself am invested in NMDC and still regretting it. (Looking to take the dividends and start selling small allocations)
And that covers 62-63% of your portfolio - wow! You obviously wanted to bet big and reap handsome rewards
Anyway - I believe there are some quality names as well in there such as Repco, Axis Bank, etc. But PF allocation is very important and you may be learning it the hard way currently.
If I have to sum up my advice for you in 1 line -
Only sell if you believe you didn't do enough due diligence the first time when investing in these businesses or the business environment has changed completely since your purchase. All other times - ignore the volatility and get away from looking at day to day fluctuations of stock prices.
Totally agree though PF names may differ from one individual to the other. Stick to bluechips. Dont think about the initial losses that you will incur during this rejig. Consider this as the tuition fee paid to Mr. Market.
Every senior member here would have had a phase where he would have paid this tuition fee.
These ~1% allocations in your PF are not going to help the overall returns of your PF in anyway. Hypothetically, even if Tata motors in your current PF were to double from 439 to 880, your overall PF returns will only increase by ~2%
Read a lot before you start with your PF building next time.
Thanks,
Ravi S
I missed a point you can think of PI industries to replace kaveri seeds as growth in PI will be more robust.
I feel you need to seriously do a painful surgery of your portfolio without being rooted at the purchase price. If u stick to purchase price you will never be able to sell to clean your portfolio as it needs a real cleanup. It serious as your portfolio don't have a balance.
Best options will be to keep 10-12 solid names in portfolio and buy torrent pharma, cadila helthcare, Gruh finance, increase weight in Repco to atleast 8% of portfolio. Keep cera, axis, AStral, Kaveri seeds, Sun Shriram AIA KPIT. You can buy Granules india( on decline).
Your weight of each stock need to be at least 8% to 10% of your corpus.Boss Balance is very very Important.
Dont worry this phase will pass and you make lot of money in next 3-4 years. Cheers.
I have torrent cardila gruh repco & granules in my personal portfolio.
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