Also, the promoter holding has come down? Any idea why?
Posts tagged Value Pickr
Thomas Cook India-Will it move like Warren Buffet Stock (15-11-2015)
Also, the promoter holding has come down? Any idea why?
The little book of common sense investing by John C Bogle (15-11-2015)
copied from my Blog:
There are tomes of books infavour of investing in Index Funds. One of the most common argument favouring index funds is their low transaction costs. The stocks in the index are changed in regular intervals to add/ delete stocks. This creates a churn rate in the Index funds. The average churn rate of index fund is around 33.42%, which is nearly 1/3rd stock every year. It nearly pokes hole in to the Buy and Hold strategy. Below is a table which examines the churn rate of various Nifty Indexes.
Index Name No of years No of stocks Total changes changes per yr Avg. change per yr wrt index size
Nifty 100 13 100 238 18.31 18.31%
Nifty 200 5 200 228 45.60 22.80%
Nifty 50 20 50 160 8.00 16.00%
Nifty 500 18 500 1837 102.06 20.41%
Nifty Alpha 50 3 50 240 80.00 160.00%
Nifty Auto 5 15 8 1.60 10.67%
Nifty Bank 16 15 22 1.38 9.17%
Nifty Commodities 5 30 14 2.80 9.33%
Nifty Dividend Opportunities 50 4 50 74 18.50 37.00%
Nifty Energy 11 10 18 1.64 16.36%
Nifty Financial Services 5 15 10 2.00 13.33%
Nifty FMCG 18 15 64 3.56 23.70%
Nifty Growth Sectors 15 2 15 10 5.00 33.33%
Nifty High Beta 50 3 50 84 28.00 56.00%
Nifty India Consumption 4 30 24 6.00 20.00%
Nifty Infrastructure 12 25 68 5.67 22.67%
Nifty IT 17 10 96 5.65 56.47%
Nifty Low Volatility 50 3 50 72 24.00 48.00%
Nifty Media 4 15 20 5.00 33.33%
Nifty Metal 5 15 24 4.80 32.00%
Nifty Midcap 100 11 100 346 31.45 31.45%
Nifty Midcap 50 12 50 226 18.83 37.67%
Nifty Midcap Liquid 15 1 15 14 14.00 93.33%
Nifty MNC 18 15 237 13.17 87.78%
Nifty Next 50 16 50 262 16.38 32.75%
Nifty Pharma 13 10 20 1.54 15.38%
Nifty PSE 18 20 94 5.22 26.11%
Nifty PSU Bank 11 12 4 0.36 3.03%
Nifty Realty 9 10 33 3.67 36.67%
Nifty Services Sector 16 30 80 5.00 16.67%
Nifty Smallcap 100 5 100 212 42.40 42.40%
Nifty100 Liquid 15 2 15 20 10.00 66.67%
Nifty50 Value 20 1 20 4 4.00 20.00%
Indian terrain—play on consumption (15-11-2015)
Can some one tell me why kewal kiran is getting such high valuation and indian terrain is getting lower valuation in terms of pe and ev/ebita. Both the companies are having simillar roe and debt to equity.
Chemicals and Speciality Chem space in India (15-11-2015)
Just to add one more company Adi-Finechem. Recently Prem Watsa of fairfax holdings has taken majority stake in the company.
http://www.bseindia.com/corporates/anndet_new.aspx?newsid=68E6A74E-1091-44A4-8EEF-F28EFA2550E6
Disclosure: No holdings, looking to research more on the company and then take a call.
Vidhi Dyestuff Management Meet (15-11-2015)
these short term fluctuations do happen when the companies change their business models. And for the long term the company seems to be on the right path. Technically also, do not see the stock breaking 50-51 levels and around those levels investors could look up to bulk up their position.
Chemicals and Speciality Chem space in India (15-11-2015)
@suns Can you please post the link to this interview?
NCL Industries – Resumption of growth? (15-11-2015)
There seems to be confusion between two statements in the moneycontrol interview link. The summary makes the following statement
Ravi expects the second half of the year to be better with nearly 75 percent of capacity utilisation. The company had repair works that impacted capacity utilisation in the quarter gone by.
Where as the Q&A this was said
Latha: You were telling me that you expect cement demand to grow, how much volume of cement you will be able to sell? A: My case more or less I am utilising the capacity but in between we have stopped for a while for repairs and all that. Last two years was a bad period and because of our financial problems we have not taken up the repairs. So, in this quarter, we have stopped. Otherwise, whatever we produce we are able to sell.
I take the Q&A answered by Ravi as final. It mentions that repairs was taken in Q2.
Innovative Tech Pack (15-11-2015)
Acquisition was done on 6-May. This is not new. Also consolidated results could be expected in year end. Jauss Polymer at the time of acquisition was around Rs.15 and now it is 23. My views are management neutral. I would like to see the nos. and on Half yearly basis P/L looks fantastic. On Balance sheet side does not look extra ordinary but decent.
- Increase in Long term borrowing could be price of acquisition built in. Not sure ?
- Good Improvement in Current Liability section.
- Management has 73.66% holding still
- All three plants in Tax free zone
- Trade investment in Jauss Polymer is up 50%.
It would be in their best interest to merge Jauss Polymer with In Pack as they have 74% holding here and cost of operating / filing 2 cos. But these are wild guess. Lets see. Philosophy is
I got nothing to lose, much to gain.
av_30.
KSE Limited — Interesting Business (15-11-2015)
yes this qtr result is also not good now I understand the concept of Barasat Ki pani type of company but the ice cream and coconut oil Buisness seems to be good even whether that is cyclical sorry guys misread this one