Of balance sheets and Tea !
On August 2015, Jubilant traded at 1923 a share, thats a M.Cap of a whooping 12,610 cr.. Jubilant sold 2410 cr of pizzas(mostly) this year and made 114 cr after taxes. At 12,610 cr someone assumed that Jubilant is worthy to pay 110 years worth of current profits. 110 !!!!! I have something to say…
Read More
This question has long plagued me. Should there be a distinction in investing capital/savings vs investing profits ? Money is money right ? Why should we then even bother answering this question ? I said this to myself and tried to convince/fool myself for a while. It didn’t work but just stayed in the “PENDING”…
Read More
I just watched the future of the Magazine. It is mouth watering. Take a look before going forward.Mag+’s version of the magazine I attended the con call yesterday and there seems to be a bit of confusion in what MPS is doing. In reality, its actually very simple. Its just that we seem to want…
Read More
Originally posted on Big Investor Blog:
Those of us who ask little of life, get little. Those who ask much, get much, but those who ask for too much get nothing. If you don’t buy what has to be sold, you never really need to sell anything. The top 4 criteria It must be small.…
Pat Dorsey’s little book-“THAT BUILDS WEALTH” The Game Plan IDENTIFY businesses capable of generating above average returns over many years. WAIT to buy, until they begin to trade at OR below their intrinsic value. HOLD till business deteriorates shares are extremely overvalued a better investment is found REPEAT till you die. Keep asking yourself what…
Read MoreI hail from a family involved in the business of real estate and i have almost always had a bad taste for this business as I thought it was a business that represented the epitome of greed and irresponsibleness of our society. I was once in Singapore with the management of a company called Far…
Read MoreThere is a lot a hoo-haa about TVS in the market as its been a market performer. The stock price has soared, but does the company have the capacity to become the next Eicher Motors ( as per Saurabh Mukherjea of Ambit Capital) ? I’m not so convinced. Bajaj owns 49% of KTM –…
Read More