tag:blogger.com,1999:blog-7004453.post3747585991824056196..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: Some more rejected ideas !Rohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-7004453.post-44188674608257001512009-11-01T01:36:17.689+05:302009-11-01T01:36:17.689+05:30hi arun
valid points..will write my viewpoint soon...hi arun<br />valid points..will write my viewpoint soon via a post.<br /><br />hi jagan<br />raising money and AR by itself are not bad. a company growing rapidly needs capital and in some cases would raise via equity. the key point is how the capital is used and what rates.<br />if the company raises capital and uses on assets which in provides high returns, it is good. if however a company raises capital and invests in assets which give poor returns then it is bad. AR is like fat ..you need it to a certain level to run a business, but excess or an increasing AR is bad. hence my comment<br /><br />i generally look at moneycontrol and livemint for the numbers<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-27959326135222112602009-11-01T01:07:21.169+05:302009-11-01T01:07:21.169+05:30Rohit,
Can you elaborate on allied digital servic...Rohit, <br />Can you elaborate on allied digital services. "Raised new capital, majority of which has been used in accounts receivables" . Raising new capital via qip is some what bad i understand that. But how can use that for account receivable. Account receivable is credit to customer, so i understand. what could be wrong with that. I am just a beginner and i am trying to learn. Can you also let us know what are the places you look for these numbers and sites you use for researching the company number apart from the company's website. Thanks in advancejagannoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-45485334372450901732009-10-30T19:02:36.024+05:302009-10-30T19:02:36.024+05:30Madhav has raised a very valid point. When these s...Madhav has raised a very valid point. When these so called "IT" companies talk of the financial numbers, one wonders if they are talking as a technology company, or coffee :-) Where else can one hear of "blended rates" - just like blended filter coffee in Bangalore - peaberry, plantation and chicory! <br /><br />All speak the same language - <br />Full boquet of services<br />End to end solutions<br />parterning with customers<br />blah blah blah<br /><br />However, while Rohit will give his erudite opinion, it seems that instead of a value moat, there just might be a ditch that differentiates one company from another. These are:<br />1. value system - how they treat the customers, employees and shareholders<br />2. Business Ethics - <br />3. Work Ethic<br /><br />Other than that, all said and done, its really a people business, not an IT one.<br /><br />Cheers,<br />ArunUnknownhttps://www.blogger.com/profile/17771508716928275535noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-85985653095822986672009-10-30T01:17:50.545+05:302009-10-30T01:17:50.545+05:30hi madhav
thats a good question. i think i have re...hi madhav<br />thats a good question. i think i have referred to it in individual company specific analysis. top IT companies do have some element of competitive advantage ...i will try to cover it more in a later post<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-71320030615163065592009-10-30T01:16:31.694+05:302009-10-30T01:16:31.694+05:30hi watch investments
well you win some, lose some ...hi watch investments<br />well you win some, lose some :)<br />anyway thanks for linking my blog<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-22076431789979791682009-10-30T01:15:56.161+05:302009-10-30T01:15:56.161+05:30Hi prashant
thanks for the link. checked VST resul...Hi prashant<br />thanks for the link. checked VST results ..looks like tobbaco exports are driving the growth. dont know how sustainable that it ..profitability will depend on rupee etc too. would have been more sustainable if there were more cigarette sales<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-69216212220809598452009-10-30T01:14:41.574+05:302009-10-30T01:14:41.574+05:30Hi vic
no patel airtemp did not appear in the list...Hi vic<br />no patel airtemp did not appear in the list to begin with. need to check why<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-1879363366282857952009-10-29T13:47:22.127+05:302009-10-29T13:47:22.127+05:30Hi Rohit,
The question I have on outsourcing kind...Hi Rohit,<br /><br />The question I have on outsourcing kind of IT companies like NIIT, Infosys, TCS etc is, "where is the moat?". <br /><br />Every company seems to be into everything that happened yesterday, today or will happen in the future. All companies are generally present in all geographies, across all industry sectors etc. To top up the challenge, the "asset" of such IT companies are their people, but the employees keep hopping between the competitors and there is hardly anything preventing them from doing so. So where is the moat or where is the long term advantage? This also leads to the question - how do you value such a company?<br /><br />Appreciate your comments.ms420https://www.blogger.com/profile/09707676827269080161noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-54288970335737093152009-10-29T11:58:54.805+05:302009-10-29T11:58:54.805+05:30Rohit - When you said you sold VST, immediately I...Rohit - When you said you sold VST, immediately I thought of sending you an email to have little patience. But anyway I love your blog. I have added your blog to my blog list. I am collecting all the value investing blogs in India. <br /><br />Thanks for the great work.<br /><br />http://watchinvestments.blogspot.com/Watch Investmentshttps://www.blogger.com/profile/02462713398099718380noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-25593902539642512022009-10-28T20:23:47.782+05:302009-10-28T20:23:47.782+05:30Rohit - See link below, VST result analysis http:/...Rohit - See link below, VST result analysis http://www.ppfas.com/pdf-docs/research/week-reports/2009/wr261009.pdf<br /><br />Thanks<br />PrashantAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-81921578471604905932009-10-28T20:22:33.476+05:302009-10-28T20:22:33.476+05:30Thank you very much Rohit for the update!!
Did Pa...Thank you very much Rohit for the update!!<br /><br />Did Patel Airtemp qualify your filter?<br /><br />Thanks.<br /><br />VikasVikas Ranahttps://www.blogger.com/profile/05508406035178681504noreply@blogger.com