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manish_okhade
Senior Member
Joined: 20/Oct/2008
Location: India
Online Status: Offline
Posts: 1997
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   Posted: 13/Jun/2010 at 6:55pm |
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Catalyst for the page is i believe is convincing the female segment. Its a very difficult domain for branding and still untapped, branded laungary segment is still for high class with fancy tag.
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deepinsight
Senior Member
Joined: 18/Sep/2006
Online Status: Offline
Posts: 980
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Posted: 13/Jun/2010 at 7:25pm |
Originally posted by subu76
(my old jockeys were looking a bit ragged) |
 I was expecting Kulman to comment on this...
Originally posted by subu76
Prices seems to have risen since my last visit, inner vests were not available as they were sold out, the attendants were extremely courteous..encouraged by them I also bought a few tracks which i typically buy from sports stores....
One big change i noticed was that i saw a higher proportion of ladies in the store
I also chatted with the store owner who was a bit reserved about discussion his margins, but mentioned that business is good and they expect to have a much better future ahead...The best part is i forgot to pick up my altered tracks and these guys came to my home and dropped it
It's just amazing how they're looting folks just by branding so well.
Finances aside......I think this might be a better business than even Hawkins.
I realized i should do more research in shops rather than on my computer.... |
Thanks. It seems there is an underlying demand/trend which should continue for the forseeable future. Its a beaty to see businesses building out on their premise/potential.
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"Investing is simple, but not easy." - Warren Buffet
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haricharan.ln
Groupie
Joined: 03/Jan/2010
Location: India
Online Status: Offline
Posts: 85
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Posted: 13/Jun/2010 at 10:53pm |
Originally posted by subu76
Last week, defore going out of station i made an yearly trip to the nearby Jockey store in Hyderabad to buy some inner wear.... (my old jockeys were looking a bit ragged)
Prices seems to have risen since my last visit, inner vests were not available as they were sold out, the attendants were extremely courteous..encouraged by them I also bought a few tracks which i typically buy from sports stores....
One big change i noticed was that i saw a higher proportion of ladies in the store
I also chatted with the store owner who was a bit reserved about discussion his margins, but mentioned that business is good and they expect to have a much better future ahead...The best part is i forgot to pick up my altered tracks and these guys came to my home and dropped it
It's just amazing how they're looting folks just by branding so well.
Finances aside......I think this might be a better business than even Hawkins.
I realized i should do more research in shops rather than on my computer.... |
@subu76
I second what you had to say. I visited the nearby garments store in Bangalore on a Sunday and within a half an hour time frame i saw at least 4 people purchasing undergarments. Interesting thing was that the shopkeeper said that most people actually ask specifically for Jockey and that there was good demand for their offerings. This was something i had only read on TED but now have experienced first-hand
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Alok Bhola
Senior Member
Joined: 01/Nov/2009
Location: India
Online Status: Offline
Posts: 421
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Posted: 13/Jun/2010 at 8:18am |
Originally posted by basant
You will do well if you focus on the business rather then on the promoter share sale. I have seen that a weak business with promoter buying back shares is bad for investors(India Bulls being a case in point) and a strong business with constant promoter selling is good for shareholders from the returns perspective.
This remains a solid business to own irrespective of what the promoters are selling for and we have spent too many days playing this music. Haven't we? |
The reason why we need to keep an eye for things like promoter selling etc is that we do not have access to a lot of insider information about the business. Hence we can never be fully sure of the completeness of our analysis as it is ultimately based on publicly available information only. Its true, though, that promoter selling need not necessarily suggest something wrong with the company. The promoters might be selling for meeting certain personal expenses / for diversification etc.
Edited by Alok Bhola - 13/Jun/2010 at 8:19am
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 13/Jun/2010 at 10:37am |
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Paralysis of analysis!
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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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adityancs
Senior Member
Joined: 04/Sep/2008
Location: India
Online Status: Offline
Posts: 188
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Posted: 14/Jun/2010 at 1:38pm |
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Thanks Basantji for your comments on promotor's selling. I was really worried
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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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Posted: 14/Jun/2010 at 2:39pm |
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today is dividend day so if anyone does read about whats the first interim like pl post it on this thread
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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atulbull
Senior Member
Joined: 17/Jan/2008
Location: India
Online Status: Offline
Posts: 642
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Posted: 14/Jun/2010 at 3:58pm |
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here it is tigerji:
Page Industries Ltd has informed BSE that the Board of Directors of the
Company at its meeting held on June 14, 2010, inter alia, has declared
payment of Interim Dividend of Rs. 10 per share on an equity
share value of Rs. 10 each.
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Price is what you pay.Value is what you get.
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