Thursday, 29 November 2012
Friday, 23 November 2012
Thursday, 22 November 2012
Wednesday, 21 November 2012
Monday, 19 November 2012
Rakesh Jhunjhunwala bets on Viceroy Hotels
Rakesh Jhunjhunwala bets on Viceroy Hotels? Its a Bad Buy Really
A lot of people get excited about some of Rakesh Jhunjhunwala's stock
holdings. Not all of them are good for Investors. Viceroy Hotels is one
such stock.
Jhunjhunwala holds 10% in Viceroy Hotels, but its worth only 15 Crores.
Considering his overall portfolio size of over 4000 Crores, his
allocation towards Viceroy Hotels is only 0.375%
Lets analyse Viceroy Hotels with a neutral and realistic view. It runs
at a debt of 867 Crores with 2 Crores cash in hand. Revenue has stayed
flat around 70 Crores in the last 5 years. Profits have turned into
losses and has made losses in the last 3 years. Its a bad buy really. One should not blindly buy stocks, just because Jhunjhunwala holds stake in them.
Sunday, 18 November 2012
Are You a Gambler or a Trader ????
Here is a quick checklist to see if you are a bad gambler or a good trader:
Gamblers have a disadvantage to the house, good traders have a system that gives them an advantage over other traders.
Gamblers always leave the casino broke no matter how much money they are up at any given time, good traders make money consistently.
Gamblers risk money randomly, good traders risk preset amounts of money on each trade.
Gamblers do not understand the odds against them, good traders understand the risk/reward ratio in every trade.
Gamblers enter a casino with no understanding of their risk of ruin, good traders manage their risk of ruin so it is close to zero.
Gamblers use emotions to make decisions, good traders use a trading plan for each decision.
Gamblers have ego problems when they are winning, good traders are humble while winning.
Gamblers go all in to win big, good traders trade just big enough to make a meaningful profit.
Why Tata Coffee Rose 40 percent in the last 2 Days
Tata Coffee has been rising and spiking in the last 2 days. 20% upper circuit on Thursday and an intra-day high of over 15% yesterday.
Its coffee supply deal with Starbucks, which has started opening stores, strong results in the recent quarter make it very attractive.
Tata Coffee said the increase in income was driven by higher instant coffee volume and better realisations in plantations. Profits, on the other hand, have surged on the back of higher operating profit and lower interest.
Tata Global Beverages and Starbucks joint venture, sources coffee from Tata Coffee, started rolling out stores last month. The initial response has been very good and that also means better offtake for Tata Coffee.
Tata Coffee has also recently set up a new roastery in Coorg, Karnataka, from where it will initially supply to the Tata Starbucks outlets in India and then aim for gradually supplying Starbucks' outlets around the world.
BCCI to pay Rs 120 Crores to Zee as penalty for termination of contract
Zee Entertainment is a good bet in large cap media space. Its currently trading at a P/E of 25 with good dividend yields of almost 2% in the last 12 months. Its a Zero debt company making it a safer buy. They have 154 Crores cash in hand adding more value for common investors. Revenues have grown from 857 Crores to 2173 Crores in the last 5 years. Profits have risen from 168 Crores to 579 Crores in the last 5 years. NPM has risen from less than 20% to over 26% over the last 5 years. Profits have slowed down in recent quarters, but is not a major concern as a long term investor. Buy and hold for long term gains.
Tara Jewels Limited IPO - Nov 23, 2012
Issue Price: Rs. 225 - Rs. 230 Per Equity Share
Issue Detail:
»» Issue Open: Nov 21, 2012 - Nov 23, 2012
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 7,977,778 Equity Shares of Rs. 10
»» Issue Size: Rs. 179.50 - 183.49 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE
Incorporated in 2001, Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery.
Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees. Company produced 4753.25 kgs of jewellery in fiscal year 2011.
Company's business is mainly divided into 3 operations; manufacturing, exporting and retailing jewellery. Company's product includes gold, platinum, honeydium, and silver jewellery with or without studded precious and semi-precious stones.
Company Promoters:
Mr. Rajeev Sheth is the promoter of Tara Jewels Limited. He is the chairman and managing Director of the company. Mr. Sheth has approximately 31 years of experience in the jewellery business.
Objects of the Issue:
The objects of the IPO are to
1. Meet the expenses of establishing retail stores; and
2. Repay or pre-pay loans.
Wednesday, 7 November 2012
Q2 cons net up 23% YoY to Rs 296 Crores
Tech Mahindra is a good bet in mid-cap IT space, well on its way to become a large-cap. Its currently trading at a P/E of little over 15 with decent dividend yields. It runs at a debt of 1806 Crores (Used for Satyam acquisition i believe) with 192 Crores cash in hand. Debt to Profits ratio is around 3 which is little above safe levels. Revenues have risen from 2753 Crores to 4965 Crores in the last 5 years. Profits have picked up from 65 Crores to 697 Crores in the last 5 years. NPM has taken off from little over 2% to 14% over the last 5 years. Buy and hold for long term gains.
Obama defeate Romney
Obama defeate Romney, gets a second term for the next four years...
Intraday Calls on 7 Nov
1:- HDIL
Buy Around 106.60
Target-107.60, 108.60, 110.50
StopLoss-105.60
2:- CIPLA
Buy Around-398.80
Target-400.80,402.80,406
StopLoss-396.80
3:- ACC
Buy Around-1478
Target-1485,1495,1507
Stoploss-1471S-1460
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