Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 23/Aug/2009 at 9:17am
Oh! Come on Subu with all that money we did not expect this from you?
'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
And i thought this I was just indulging in value seeking behavior.
Peter Templeton and his wife used to play a game of who could buy the most discounted articles. I have bored my wife so much with stories of Hawkins/TTK, Cera, greenply/archidply/century that she expects me to get some coupons for her.
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 24/Aug/2009 at 1:12pm
Originally posted by subu76
And i thought this I was just indulging in value seeking behavior.
Peter Templeton and his wife used to play a game of who could buy the most discounted articles. I have bored my wife so much with stories of Hawkins/TTK, Cera, greenply/archidply/century that she expects me to get some coupons for her.
Yes, that book was/is a phenomenal read. Also Philip Fisher wore the same coat and drove his Oldsmobile9 for 20 years so he did not need those coupons also.
'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
Actually a Hawkins stock purchase breaks even in one year
On an average a hawkins costs about 800 buck.
25% dicount=Rs 200 saved.
One stock of Hawkins was quoting at Rs 200 sometime back...it's run up a bit now.
Maybe a lot of discount coupon hunters are buying this stock.
On another note: Now that i am looking into stocks...I am intensely aware of deprecation....I found that my car purchase is the worst purchase i ever made....It is not an asset but a liability.
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 09/Jul/2010 at 2:39pm
Ideally it should be interest paid divided by the debt but since we do not know if the debt was for 365 days or 200 days one has to ask the management about this?
'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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