tag:blogger.com,1999:blog-7004453.post6272863616189211998..comments2023-09-02T19:53:06.144+05:30Comments on Understanding and applying value investing principles: You can be a stock market genius – Spin offsRohit Chauhanhttp://www.blogger.com/profile/00356455735241398199noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-7004453.post-42693866409366819642007-03-31T02:07:00.000+05:302007-03-31T02:07:00.000+05:30hi ranjitmy personal experience with interest rat...hi ranjit<BR/><BR/>my personal experience with interest rates has been from 95 onwards when i saw the rates move to 15% and since then it has been a downwards movement.<BR/><BR/>my stock market positions are not based entirely on interest rates (at least not in the past). if i find a compelling buy, i go ahead with it if the expected returns are good.<BR/><BR/>since 2003 i have moved into floating rate funds and plan to continue . floating rate funds are more tax efficient than FD's and far more liquid , although absolute returns are lessRohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-8946526420277929262007-03-31T01:25:00.000+05:302007-03-31T01:25:00.000+05:30Hi Rohit,Today RBI has increased repo & CRR again....Hi Rohit,<BR/><BR/>Today RBI has increased repo & CRR again. Please can you give me your historical perspective on these high interest rates and also what would you do in such situations, would you move into FD's for some time or would you stay invested fully.Ranjit kumarhttps://www.blogger.com/profile/14856995905755271940noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-56777021847634467342007-03-30T17:09:00.000+05:302007-03-30T17:09:00.000+05:30Hi Rohit,I am Saurabh, I blog @ http://pseudosocia...Hi Rohit,<BR/><BR/>I am Saurabh, I blog @ http://pseudosocial.blogspot.com and wanted to send a mail to you. Could not find your email address .. <BR/><BR/>Can you please send it .. (my email address is pseudosocial@gmail)<BR/><BR/>ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7004453.post-9898031986303628662007-03-30T09:03:00.000+05:302007-03-30T09:03:00.000+05:30Rohit, ravi - have you analysed how the spin-off h...Rohit,<BR/><BR/><I> ravi - have you analysed how the spin-off has performed ? </I><BR/><BR/>It could take a year or even 2 years (Greenblatt mentions that outperformance is better in 2nd year). <BR/><BR/>So far, both the GEs - shipping and offshore - have underperformed since they were separated in Dec 06. This is expected as people dump the shares they don't want - in this case, Great offshore. I am going to study Great offshore as possible investment.<BR/><BR/>Greenblatt mentions parent company (in this GE shipping) might also be interesting - especially if the insiders are aligned with you. The ducks seem to be aligned for GE shipping as well going by insider purchases.<BR/><BR/>All in all, I believe this is a classic Greenblatt textbook case. It would be interesting to see how it evolves over next 12-18 months.<BR/><BR/>Any other mergers/spin-offs that you are watching?<BR/><BR/>Regards,<BR/>RaviRavi Arankehttps://www.blogger.com/profile/08706098376170260290noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-43741298921936139092007-03-29T23:43:00.000+05:302007-03-29T23:43:00.000+05:30Hi kotyi have never looked at the RTE business til...Hi koty<BR/>i have never looked at the RTE business till date. will have a look at let you know<BR/><BR/>ravi - have you analysed how the spin-off has performed ?Rohit Chauhanhttps://www.blogger.com/profile/00356455735241398199noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-13606816432994587462007-03-29T21:33:00.000+05:302007-03-29T21:33:00.000+05:30Great Eastern shipping went through a spin off (se...Great Eastern shipping went through a spin off (separated Great offshore) few months ago.<BR/><BR/>I analysed the situation in light of Greenblatt's comment to track insiders. My comments are on my blog flatworldvalueinvesting.<BR/><BR/>Cheers,<BR/>RaviRavi Arankehttps://www.blogger.com/profile/08706098376170260290noreply@blogger.comtag:blogger.com,1999:blog-7004453.post-91621205145257662552007-03-29T20:52:00.000+05:302007-03-29T20:52:00.000+05:30Hi! Rohit,Have you studied Kohinoor Foods Ltd. I t...Hi! Rohit,<BR/>Have you studied Kohinoor Foods Ltd. I think it is a value play especially now that it has foreyed into ready to eat food market. It has a strong tie up with the foreign retailers and a reasonable valuation. Also as the Basmati production was affected in Nov and Dec the demand is likely to be high.<BR/> KFL’s stateof-<BR/>art rice milling plant is located in Murthal, Haryana with capacity of 40 MTPH (Metric Tones Per Hour). The company has<BR/>strong network of Artiyas to facilitate smooth paddy procurement.<BR/>KFL has forayed into Ready To Eat market with its facility at Bahalgarh, Haryana. Its ambient food capacity stands at<BR/>50,000 pouches per day and frozen food capacity stands at 20 metric tons per day. Frozen foods capacity is recently commissioned<BR/>in FY07.<BR/>The major players providing Indian RTE food are KFL, ITC, MTR & Tasty Bites. Amongst them ITC, MTR & Tasty Bites focus on<BR/>domestic markets, while KFL focuses on international markets deriving more than 90% of its RTE sales from exports. The<BR/>demand for Indian RTE is on the rise on back of increasing entice for Indian cuisines. Competition in the international RTE food<BR/>market is expected to remain low owing to its mammoth size, which is still expanding.<BR/>KFL has emerged has a major player in the branded rice market in global arena. This is clearly evident from the fact that the<BR/>branded basmati rice segment has grown from 34% to 51% of the total revenues in FY06.<BR/><BR/>Can you offer some comments on this??Unknownhttps://www.blogger.com/profile/11883129409411916840noreply@blogger.com