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Mohan
Senior Member
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
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   Posted: 26/Aug/2009 at 10:35pm |
Originally posted by basant
Welcome to the world of "Business Model Investing"!
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" Business Model Investing" ?
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Be fearful when others are greedy and be greedy when others are fearful.
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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Posted: 26/Aug/2009 at 10:37pm |
Originally posted by Mohan
Originally posted by basant
Welcome to the world of "Business Model Investing"!
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"Business Model Investing" ?
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As opposed to supermodel.
Edited by Hitesh Shah - 26/Aug/2009 at 10:39pm
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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Posted: 31/Aug/2009 at 11:37pm |
Originally posted by smartcat
Out of 9 lives, I have only 7 more left. I lost a life during the 2008 stock market crash and lost one more yesterday..... |
"Thanks," said Tobermory, "not quite so soon after my tea. I don't want to die
of indigestion."
"Cats have nine lives, you know," said Sir Wilfrid heartily.
"Possibly", answered Tobermory; "but only one liver."
Source
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go4sheel
Senior Member
Joined: 23/Mar/2009
Location: India
Online Status: Offline
Posts: 105
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Posted: 31/Aug/2009 at 12:29pm |
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Hi Smartcat,
I think you had invested in FAME recently, if that is so then have made good profits.
But one of the brokerages posted negative outlook about its future earnings.
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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Posted: 31/Aug/2009 at 11:13am |
Brokerages cannot predict future earnings of a multiplex chain, because they wouldn't know if Kambakt Ishq or Kaminey [note the title of movies released these days] would be a hit or not.
I think Fame is worth a lot more than Rs. 100 cr.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 31/Aug/2009 at 11:19am |
With this kind of a writing flair you would have done better as a writer then you are doing as a stock picker! 
Edited by basant - 31/Aug/2009 at 11:20am
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Mohan
Senior Member
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
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Posted: 31/Aug/2009 at 11:39am |
Originally posted by smartcat
Brokerages cannot predict future earnings of a multiplex chain, because they wouldn't know if Kambakt Ishq or Kaminey [note the title of movies released these days] would be a hit or not.
I think Fame is worth a lot more than Rs. 100 cr. |
Is this an earnings call or a valuation call ?
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Be fearful when others are greedy and be greedy when others are fearful.
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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Posted: 31/Aug/2009 at 11:56am |
Valuation call. They made a net profit of Rs. 12 cr in FY08. FY09 was problematic for them mostly because of external factors, because of which its marketcap fell to Rs. 50 cr in March. Now most of those 'external factors' are no longer there.
Meanwhile, I just sold out Reliance Industries completely. It was the oldest stock in my portfolio and has given a CAGR of 23% over the last 5 years. I will be using the proceeds to partly fund the acquisition of an asset that will probably depreciate at 23% per annum!
I've decided to let "Chameli" go - and am looking forward to meeting "Bebo".
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