tag:blogger.com,1999:blog-7004453.post3547009539814827906..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: Are you still waiting ?Rohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-7004453.post-65720754440714087822009-05-20T03:38:41.896+05:302009-05-20T03:38:41.896+05:30Hi ani
thermax is in capital goods industry. in th...Hi ani<br />thermax is in capital goods industry. in this industry the performance is quite cyclical. when analysing thermax look at an average expected growth for the next 5 years and make decisions acordinly<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-44828301045812191862009-05-19T17:04:00.000+05:302009-05-19T17:04:00.000+05:30Forget 8.5% growth for Thermax, matching last year...Forget 8.5% growth for Thermax, matching last years numbers is the great thing in first place. Results are out. just 2-3% better than last year.<br /><br />AniAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-27033755436571351852009-05-13T10:00:00.000+05:302009-05-13T10:00:00.000+05:30Very valid statements. I think every inexperienced...Very valid statements. I think every inexperienced and new investor or trader (just like me) goes through this process and over a period of time he/she evolves a strategy that's suited to them. <br /><br /><br />rk<br />http://thedumbinvestor.blogspot.comRKhttps://www.blogger.com/profile/14338268910592359400noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-34645872621270512442009-05-13T09:45:00.000+05:302009-05-13T09:45:00.000+05:30Yes, The intrinsic values comes around 365. Therma...Yes, The intrinsic values comes around 365. Thermax has posted not good numbers in 2008-2009, Hence 8.5% growth i assumed in the beginning will come close to the total numbers including March Qtr.<br /><br />Hence i upgraded the buy price to 182<br /><br />AniAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-39776653528781237812009-05-13T03:46:00.000+05:302009-05-13T03:46:00.000+05:30hi ani
yes , thermax was a great value @ 160. so c...hi ani<br />yes , thermax was a great value @ 160. so congrats for picking it up at that level.<br />your buy level is set at 180 now ..is that the 50% of the intrinsic value you have calculated ?<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-71561842466242010742009-05-13T03:44:00.000+05:302009-05-13T03:44:00.000+05:30Hi sachin
well, better late than never :)
Hi kart...Hi sachin<br />well, better late than never :)<br /><br />Hi karthik<br />no, the rise in the price for crisil has been more than the intrinsic value. however the current price is still below the intrinsic valueRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-27901485378968286592009-05-12T11:58:00.000+05:302009-05-12T11:58:00.000+05:30Hi Rohit
Back in December 2008, Neraj & I had...Hi Rohit<br /><br />Back in December 2008, Neraj & I had left some comments about Thermax here http://valueinvestorindia.blogspot.com/2008/12/graham-style-deep-value-stock-portfolio.html<br /><br />I have updated my records with latest results & raised my Buy price to 182 from 160 as i had said in my December comment. So i will be waiting for thermax to come around 180. I feel lucky as i managed to buy it at my conviction price of below 160.<br /><br />Regards<br />AniAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-39484221880215067132009-05-12T09:20:00.000+05:302009-05-12T09:20:00.000+05:30Hi Rohit,
You have commented that Crisils curent ...Hi Rohit,<br /><br />You have commented that Crisils curent price is more than its IV. But as per my calc the IV for Crisil is 4000. So it is sill trading at atleast 30% discount.. Am I missing some thing here?karthikhttps://www.blogger.com/profile/06869050750982435094noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-13842107670034331992009-05-12T05:37:00.000+05:302009-05-12T05:37:00.000+05:30I waited to buy Grindwell at less than 65 while it...I waited to buy Grindwell at less than 65 while it was about 75, only to eventually buy it at about 84. At 84 too, it is a good buy. However, my wait cost me an opportunity to buy it at the price it was available.Sachin Purohitnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-82934925030719659782009-05-12T00:25:00.000+05:302009-05-12T00:25:00.000+05:30hi sumi
yes rationally it makes sense to buy the s...hi sumi<br />yes rationally it makes sense to buy the stock.however pulling the trigger is often quite diffcult.<br /><br />ani - i recently started looking at thermax @225 and have yet to analyse it fully. however at 160 it was a steal.<br /><br />why are you expecting the price will drop back to 160 again ?<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-67451227589830838392009-05-11T11:08:00.000+05:302009-05-11T11:08:00.000+05:30Hi Rohit,
I also feel it's my situation you have w...Hi Rohit,<br />I also feel it's my situation you have written about. I am also waiting for Thermax, which i waited for 6 months to come below 160, my ideal buy price. But i bought only 25% of total position at 158.. now waiting to come around 160 and put remaining 100% funds.<br /><br />regards<br />AniAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-5594950327777646102009-05-11T10:12:00.000+05:302009-05-11T10:12:00.000+05:30Hi rohit,
your latest post is apt for the current...Hi rohit,<br /><br />your latest post is apt for the current scenario.Everybody is using the march lows to base their buying decisions. People are banking on the elections for the market to correct itself. I completely agree with you that once we are confident about a company and have managed to evaluate its intrinsic worth then buying at a discount is sufficient if we are looking at long term. 10%-20% really does not mattersumihttps://www.blogger.com/profile/01473513041115738407noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-20186387460355300152009-05-11T09:56:00.000+05:302009-05-11T09:56:00.000+05:30Hi rohit,
your latest post is apt for me.I start...Hi rohit, <br /><br />your latest post is apt for me.I started following the stock market in March so I am considering those low prices for most stocks every time I am thinking of investing, even if the company satisfies all the other criteria that I have set. Emotional discipline is very important while taking such decisions your latest post really captures what most investors are going through right now.sumihttps://www.blogger.com/profile/01473513041115738407noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-62771098028244295462009-05-11T07:44:00.000+05:302009-05-11T07:44:00.000+05:30Hi abhi
i have done a detailed calculation of the ...Hi abhi<br />i have done a detailed calculation of the intrinsic values for these companies. just had a cursory look at these companies and liked what i saw. i think their intrinsic value has increased, though in case of crisil the stock price has gone much higher than the value. BEL ofcourse sells at a much higher discount than CRISIL<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-18714372720830863282009-05-10T22:32:00.000+05:302009-05-10T22:32:00.000+05:30Yes, but with BEL, I think it isn't still too late...Yes, but with BEL, I think it isn't still too late. It is still trading way below it's intrinsic value. By the way, have you recalculated your intrinsic value for Crisil/BEL recently?<br /><br />Abhi.Abhihttps://www.blogger.com/profile/17217545771056353384noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-63766031347842337252009-05-10T22:19:00.000+05:302009-05-10T22:19:00.000+05:30Hi abhi
all of us guilty of that. who doesnt want ...Hi abhi<br />all of us guilty of that. who doesnt want the cheapest price. feels great when you buy at near bottom prices.<br />only problem is it is diffcult to do it consistently<br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-47572178240725611812009-05-10T16:34:00.000+05:302009-05-10T16:34:00.000+05:30Nice post Rohit,as always. :-)
I have been the cu...Nice post Rohit,as always. :-)<br /><br />I have been the culprit of the same thing in this fall. Trying to time the entry is not an easy thing to do. I guess I have missed my chance of getting at a good price in BEL, CRISIL.Abhihttps://www.blogger.com/profile/17217545771056353384noreply@blogger.com