tag:blogger.com,1999:blog-7004453.post6187439746402807161..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: Portfolio changes and some rejected ideasRohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-7004453.post-46343886801841035732009-12-05T22:01:05.205+05:302009-12-05T22:01:05.205+05:30Hi rohit,
What happened to Orient Abrasives and H...Hi rohit, <br />What happened to Orient Abrasives and Hyderabad industries? You mention it passed your first filter...any conclusion? Also, did you consider Graphite India? <br /><br />Thanks,<br />ArunUnknownhttps://www.blogger.com/profile/17771508716928275535noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-23395205676852272772009-10-28T02:38:39.824+05:302009-10-28T02:38:39.824+05:30Hi kumar
the numbers did not pass the initial filt...Hi kumar<br />the numbers did not pass the initial filters for me. as a result i am not looking closely at it now<br /><br />sachin/ prashanth - you guys seem to be getting entertained by the AR :) ..that is generally not a good sign for an investor ..anyway i have not read the AR and hence cannot comment<br /><br />regards<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-26137004156768338052009-10-28T02:35:48.503+05:302009-10-28T02:35:48.503+05:30Hi mansukh
mico tech has passed the initial filter...Hi mansukh<br />mico tech has passed the initial filters, but i need to analyse further, but as kannan says, if there are management issues, i may give it a pass<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-7681016021214248742009-10-28T02:34:27.342+05:302009-10-28T02:34:27.342+05:30Hi arun
yes orient abrasives and hyd industries ha...Hi arun<br />yes orient abrasives and hyd industries has passed the filter. i however need to do further analysis<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-49430460865783856162009-10-27T21:12:26.115+05:302009-10-27T21:12:26.115+05:30Lol, I liked Temptation Foods AR. Esp, double-choc...Lol, I liked Temptation Foods AR. Esp, double-chocolate Sundae was mouth-watering ;-) If anyone could ACTUALLY analyze the data amidst the 'roller-coster-ride', well, you would be the next Warren Buffett.<br />What the hell are they trying to do with their AR?<br />- Prashanth, BLRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-51473407553828408462009-10-27T06:51:11.622+05:302009-10-27T06:51:11.622+05:30Hey Rathin,
Thanks for your comment about the AR ...Hey Rathin,<br /><br />Thanks for your comment about the AR report; it made me browse it. Wow! If ARs are like this I better start reading them more often than I do curretnly :) Of course, this was the definitely different than others I have seen. I wonder TFL is in the wrong business, given the talent.<br /><br />Rohit and fellow readers, you must read/see it :) Afterall you deserve some change from the boring numbers/analysis :) N'joy!<br /><br />http://www.temptationfoods.com/reports/Temptation%20Foods%20Limited%20%2008-09.pdf<br /><br />~SachinSachin8778noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-78145377068476173112009-10-26T13:22:35.712+05:302009-10-26T13:22:35.712+05:30Avoid MicroTech. It is one of the private treaty c...Avoid MicroTech. It is one of the private treaty company of ToI group; so they write a lot about it.<br /><br />Read the link to know more aboout Times Private Treaty & investments,<br /><br />http://indiahousingbubble.blogspot.com/2009/06/story-of-bennett-coleman-co-toi-group.html<br /><br />KannanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-68539316617952464152009-10-26T08:33:18.120+05:302009-10-26T08:33:18.120+05:30Hello Rohit,
Temptation's numbers look very g...Hello Rohit,<br /><br />Temptation's numbers look very good but mangament's reputation is not! (management may be misunderstood for their aggressive acquisitions and rumored attempted takeover of Kohinoor Foods). <br /><br />SEBI and IT were after them due to irregularities with their Kohinoor Foods share purchase. Now, they are exonerated of all charges.<br /><br />I am interested (invested) since their stated book is about 95 (trading at 40), Sales/Mcap is 10:1, EPS of about 20 with brands 'Everfresh', 'KarenAnand'. <br /><br />If you trust those numbers and management, then it is worth a serious look.<br /><br />And if you come across more about their management - whether trustworthy, shareholder friendly, please let me know.<br /><br />Kumarkumarhttps://www.blogger.com/profile/01170735652254516872noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-53923757548195892932009-10-24T20:24:16.126+05:302009-10-24T20:24:16.126+05:30I find GSFC, Tata Sponge real good investments and...I find GSFC, Tata Sponge real good investments and am personally holding them. I feel Microtech is also good and must hav caught ur eye.Mansukh. Mhttps://www.blogger.com/profile/06891971530779920562noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-27658670742652539902009-10-24T07:32:39.044+05:302009-10-24T07:32:39.044+05:30Hi Rohit -
Did Orient abrasives & Hyderabad ...Hi Rohit - <br /><br />Did Orient abrasives & Hyderabad Industries pass the filter- assuming you had them in the initial list?<br /><br />Thanks<br />arunUnknownhttps://www.blogger.com/profile/17771508716928275535noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-91482287794756973702009-10-23T22:34:49.489+05:302009-10-23T22:34:49.489+05:30Hi arun
you are right. turnarounds are not worthwh...Hi arun<br />you are right. turnarounds are not worthwhile investments at the right price and can give spectacular returns if you are right. its just that i have never ventured into it ..especially as i prefer moderate return and moderate risk opportunities.<br /><br />i may look into these in the future..but not yet. but yes, if you are right in these two companies, it can be very very profitable<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-29703070959246822872009-10-23T22:31:56.354+05:302009-10-23T22:31:56.354+05:30Hi ravi
tata sponge is on my radar and has filtere...Hi ravi<br />tata sponge is on my radar and has filtered through to the next step. the list on this post are a few rejected ideas as a sample.<br />tata sponge seems to be doing well and seems a bit cheap. i have yet to do detailed analysis on it<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-51174757703810598192009-10-23T22:29:21.027+05:302009-10-23T22:29:21.027+05:30hi vignesh
you can email it me on rohitc99@indiati...hi vignesh<br />you can email it me on rohitc99@indiatimes.com<br /><br />thanks for it<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-26138129916990760622009-10-23T22:28:48.062+05:302009-10-23T22:28:48.062+05:30Hi anon
agree with you on esab.it is good, though ...Hi anon<br />agree with you on esab.it is good, though not very cheap<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-62115346795930847172009-10-23T22:28:10.908+05:302009-10-23T22:28:10.908+05:30Hi shiv
that may so be the case,however as a princ...Hi shiv<br />that may so be the case,however as a principle i avoid turnaround, mainly as i am comfortables with the risks associated with it. that does not mean these are not good opportunities if you know what you are doing<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-15940606706563257442009-10-23T22:26:57.274+05:302009-10-23T22:26:57.274+05:30Hi rathin
i havent seen the AR for temptation. fir...Hi rathin<br />i havent seen the AR for temptation. first glance analysis did not catch my attention, so i have moved on<br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-6667539874451586262009-10-23T22:25:54.626+05:302009-10-23T22:25:54.626+05:30Hi kumar
i did not hear it. it is classfied as suc...Hi kumar<br />i did not hear it. it is classfied as such in moneycontrol. classification could be wrong ..but the fundamentals did not catch my attention at first glance. do you think its a good company ?<br /><br />rgds<br />rohitRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-36464071510807949102009-10-23T21:39:53.267+05:302009-10-23T21:39:53.267+05:30Viewed from a purely financial perspective, Kineti...Viewed from a purely financial perspective, Kinetic Motors is not investment grade at all. <br /><br />However considering the fact that Mahindras now own the company and have aggressive plans of coming out with new two wheeler models, it might be worth the risk. Yes, turn-arounds do have high risk and sometimes to give out commensurate returns. See what happened to Satyam when Mahindras stepped in - it became a 10-bagger within a year!<br /><br />Regarding Artson Engg, it might still be a speculative pick at the moment, but considering the potential for growth being in the infrastructure, it is worth a second look, even at these prices. <br /><br />Yes, I have investments in both!<br /><br />Knowing Rohit's style and very strict critieria though, both dont pass muster. But I look at it as the pepper and spice in your meal - its not the main course, but having it does add spice once in a while!Unknownhttps://www.blogger.com/profile/17771508716928275535noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-90604423792368711282009-10-23T20:39:01.360+05:302009-10-23T20:39:01.360+05:30Hi Rohit,
I rejected some of the ideas you mentio...Hi Rohit,<br /><br />I rejected some of the ideas you mentioned due to the same reason. I am curious if you analyzed Tata Sponge. Whats your view on that? How come it did not come in your radar.<br /><br />Regards<br />RaviRavihttps://www.blogger.com/profile/06183858175837355905noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-60708092017538685912009-10-23T14:19:03.210+05:302009-10-23T14:19:03.210+05:30hi rohit ,
As u pointed out about the...hi rohit ,<br /> As u pointed out about the corporate governance issue on Compact disc .I have a report about the same .If you want it I am very much happy to send it to ur email ID.vigneshnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-16364392008497261952009-10-23T13:43:43.906+05:302009-10-23T13:43:43.906+05:30Hi Rohit - I checked Compact Disc & Lakshmi En...Hi Rohit - I checked Compact Disc & Lakshmi Energy in past and rejected due to the reasons stated by you.<br /><br />What do you think of Esab? I have no issue, except valuation.<br /><br />ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-14857954912653638612009-10-23T11:26:15.323+05:302009-10-23T11:26:15.323+05:30Regarding turnabout cases you should look at Artso...Regarding turnabout cases you should look at Artson Engineering. Its a BIFR case company taken over by Tata Projects. After capital infusion and some amount of debt restructuring the company is showing good results for the past few quarters.<br /><br />I am getting a lot of positive information from people in the know.<br /><br />The problem is the stock has run up quite a bit.Shiv Kumarhttps://www.blogger.com/profile/02848873785777244097noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-33467474648825901552009-10-23T10:36:04.573+05:302009-10-23T10:36:04.573+05:30most of these companies mcap must be low, i guess ...most of these companies mcap must be low, i guess but now would have crossed 100+ cr.<br /><br />I am really skeptical abt Temptation foods. This years annual report is full of pictures (mostly worthless-it seems like a porn mag). and don't know why are they spending so much for annual report. Also they seem to hold ~14% of Kohinoor Foods Ltd (basmati fame).<br /><br />Relation to turnaround situations-WEB Quote-Turnarounds seldom turn<br /><br />-RathinRathin Shahhttps://www.blogger.com/profile/08841081753006961530noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-58742980197970838462009-10-23T09:18:04.570+05:302009-10-23T09:18:04.570+05:30Temptation foods is now into commodities trading? ...Temptation foods is now into commodities trading? Where did you hear that?kumarhttps://www.blogger.com/profile/01170735652254516872noreply@blogger.com