tag:blogger.com,1999:blog-7004453.post5719754320362997757..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: Comments on the Post of Cheviot companyRohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7004453.post-90601472458112280852007-04-13T07:35:00.000+05:302007-04-13T07:35:00.000+05:30Hii typically do not check trading volumes for sto...Hi<BR/><BR/>i typically do not check trading volumes for stock when investing. In general for the small to midcap stocks the volumes tend to be low till some event or catalyst unlocks value and the volume go up around that time. i have not checked the volume of trading in this stock.<BR/>Factors which could unlock the value could be another bonus issue, increase in dividends . In addition mid and small caps are in a bear makret now. A swing in sentiment can also improve valuations of the company.<BR/><BR/>my own estimates of intrinsic value is around 600rs per share although i dont expect the share to approach the intrinsic value and expect it to sell at a discount to it.<BR/><BR/>you can send me the financial model to my email id rohitc99@indiatimes.comRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-29639148070943353572007-04-13T05:12:00.000+05:302007-04-13T05:12:00.000+05:30Couple of more items.1. Do you know what % of shar...Couple of more items.<BR/><BR/>1. Do you know what % of shares are openly traded by non-promoters or institutions? Many a times the grahamian value buys create traps for small caps that either never get unleashed or take years. Shareholder activism remains moot since these groups tightly control the market for these shares.<BR/><BR/>2. Maybe getting ahead of myself here. Can I share with you a financial model that I created to discover intrinsic value? Would love to get your thoughts when you have the time. My fair price comes in at Rs 285 with very conservative estimates as you will see giving it a good 25% margin of safety. I'm waiting to see their 2007 annual report before investing.khali_pili_lafdahttps://www.blogger.com/profile/11602272741710691889noreply@blogger.com