Kabir Bedi, the charismatic veteran actor who has starred in blockbuster movies like James Bond’s Octopussy, Sandokan and a host of Indian films, is the last person one would associate with the stock market.
Yet, his debut stock pick is a blockbuster already.
On 24th June 2015, Kabir Bedi tweeted that he had bought Tanla Solutions, a stock with a “good turnaround story with a great future”.
I’ve bought stock in a company which seems a good turnaround story with a great future: Tanla Solutions. Any thoughts? #Stocks #India
— KABIR BEDI (@iKabirBedi) June 24, 2015
When his followers rushed to compliment him and queried him about the stock, he explained that he thought Tanla is a good bet because it is “zooming in last 8 quarters, with new technology for mobiles”. He also stated that he is “more interested in technology companies with an edge like Tanla”.
When someone accused Kabir Bedi of indulging in “paid advertising”, he clarified that he has “not been paid to say this. I’d like my friends to benefit, as I hope to, from my research into Tanla”.
Well, Kabir Bedi’s recommendation had the magical effect of rocketing Tanla Solutions from Rs. 17.50 (on 24.06.2015) to a high of Rs. 35.95 on 20.10.2015, resulting in mammoth gains of 105% in just four months.
Kabir Bedi was understandably delirious about the riches that had effortlessly come to him. “Tanla Solutions, #stock I tweeted on June 24, DOUBLED. Think it’s a multi-bagger. Check http://www.tanla.com. I’m not paid to say this.” He tweeted.
Tanla Solutions, #stock I tweeted on June 24, DOUBLED. Think it's a multi-bagger. Check https://t.co/hTrfiEaRCC. I'm not paid to say this.
— KABIR BEDI (@iKabirBedi) October 25, 2015
Since then, the stock has lost a bit of its sheen owing to the ongoing correction in the market. It is presently quoting at Rs. 30.55, giving Kabir Bedi and his followers a gain of 75%.
The reason for the euphoria amongst investors is the fact that Tanla Solutuions is a turnaround candidate. It reported blockbuster Q2FY16 results with a quantum jump in revenues and net profit.
| Tanla Solutions Quarterly Results | |||
| PARTICULARS (Rs. CR) | SEP 2015 | SEP 2014 | % CHG |
| NET SALES | 106.68 | 49.99 | 113.4 |
| OTHER INCOME | 0.11 | 1.26 | -91.27 |
| TOTAL INCOME | 106.79 | 51.25 | 108.37 |
| TOTAL EXPENSES | 89.14 | 33.13 | 169.06 |
| OPERATING PROFIT | 17.65 | 18.12 | -2.59 |
| NET PROFIT | 4.1 | -1.85 | 321.62 |
| EQUITY CAPITAL | 10.15 | 10.15 | – |
There is also an investors presentation issued by the Company which provides information on what the company is doing and what its future plans.
Now, if Tanla Solutions does become a multibagger as confidently predicted by Kabir Bedi, we will have another ace stock picker to track from the film industry, in addition to Amitabh Bachchan!
Absolute nonsense. A company which has a trailing loss of consecutive 4 years, then a paltry profit last year is not worthy of any investment. These are the facts. Even though the company has great shareholder value compared to debt, which is almost negligible, the PE is exorbitant.
An investment here is extremely risky, UNLESS. Now this UNLESS is the most important. Mr Bedi has obviously been given information from the promoters that there will be good profit on the books in 2015. They have asked him to invest on this basis and most likely securing his investment in full against any potential loss. He has been asked to promote the company through tweets, thus luring the uninformed unconfident investor.
This is exactly what he has done, and it has worked. Again, I find no fault I’m those promoting companies in which they profit. Everyone should do their own due diligence before taking a position. If you think Mr Bedi is a stock wizard worth following, then by all means do it. But if you have a head on your shoulder, and a brain in that head, then you would never invest in a Tanla.
Why doesn’t any of them promote suven life science, dai ichi karkaria, suprajit, these stocks which have actual triggers. A database of marketable assets, a stunning chemical production mandate, and a management who is aggressively striving for market share and achieving it. Use your head. If you don’t agree with me, then you can meet me, down there.
Tanla invested 400 some crore in its singapore subsidary in FY 12
Now mgmt didnt talk about that money wtf
mgmt said its LOCKED UP INVESTMENT
Arun, I am surprised that a person with your intelligence ran this silly article praising a flop actor. I will sorely be tempted to think that you too were paid:)
Obviously, there is more to it than meets the eye. Do you really think that this flop actor has actually analysed this company? Does he have any skills?
Wish you not mislead amateur investors into such traps for quick gains.
Make a new post about the new purchase of Porinju Veliyath Alpa Laboratories.. seems to be a turnaround story..
Please read about TANLA solutions before making investment
http://forum.valuepickr.com/t/corporate-fraud-misdemeanor-public-domain-india-lessons/595/14
dear SU, this forum is more than 3 years old and the details provided in this forum is history. Please check your facts before posting.
PLease google PUMP and DUMP before investing in this stock
wait for the q3 results and then post about Tanla, its a clear turn around story. Someone was saying that its PE is very high, please compare PE of 18k miles software 1750 PE??? any answers??