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basant
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Joined: 01/Jan/2006
Location: India
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Posts: 18403
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   Posted: 24/Nov/2006 at 2:17pm |
I am enjoying all this 
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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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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 24/Nov/2006 at 2:21pm |
A real estate play that would make a lot of money buying property for others if property prices go up and still make decent money if real estate prices crash is Pantaloon Retail.
Pantaloon Retail's real estate and VC fund Ksh*tij etc have over US $ 1 billiuon to manage. I am told that Pantaloon would make 2%(average) as annualised AMC fees and around 20% over the hurdle rate of 8%. ALl properties are in the investment phase and returns would start to come up from Fy 09 onwards.
Now let us assume that these properties do an average 30% then the gains that would accrue to Pantaloon Retail are:
2% on AMC = US $ 20 million
20% {1 billion*(30%-8%)} = US $ 44 million
The total gains from the AMC fees amounts to Rs 288 crores or Rs 110 per share as EPS. Mind you this is a recurring income and if the return from property falls then Pantaloon will at least earn the 2% on AMC.
None of the brokerage reports/analysts talk of these gains that pantalooon could make. FUrther Mr. Sain the head of Future Group holdings (the financial services arm at Pantaloon) says that in 5-7 years the profits from the non retail innitiatives(real estate, VC, Insurance, Micro credit) at Pantaloon Retail will overtake the profits from the retailing division
Sain is no man on the road. He was earlier head of Goldman Sachs Wealth management group in Europe, Middle East and Africa.
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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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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 24/Nov/2006 at 4:11pm |
BasantJi....
Roopa Purushothaman .... The co-Author of The BRIC's Report is also working with Pantaloon now.... Not to mention... the report was published by Goldman Sachs...
The BRIC report also contains the projection on the Number of cars which India would have...in 2050...
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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basant
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Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 24/Nov/2006 at 4:44pm |
Do you know how Kishore Biyani picked up Roopa? The economist was doing a presentation at the end of which Buyani walked up to her said that he wants her to work for Pantaloon. Roopa had a Cuban boy friend at that time not sure what is the equation now and was reluctant to leave New York but just because she was so bullish on India she came back from Goldman Sachs to Pantaloon!!!
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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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catchsudipto
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 641
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Posted: 24/Nov/2006 at 4:54pm |
Dear Sir,
I think Roopa had already married her's cuban boy friend. As some time
back i heard her saying that her cuban husband was very very supportive
on her's decision to leave New York. ( Though I am not dead sure, i
might have dissapointed many " Most eligible Bachelors"  ).
Thanks
sudipto
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Make your Life as simple as possible.
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
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Posts: 3142
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Posted: 24/Nov/2006 at 5:22pm |
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Roopa is definately married.. i heard that in her interview on "Young Turks" on CNBC....
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 24/Nov/2006 at 6:40pm |
One less user for jeevansaathi.com. Is that why Infoedge was down today? 
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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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reetesh
Senior Member
Joined: 01/Sep/2006
Location: India
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Posts: 793
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Posted: 27/Nov/2006 at 8:00pm |
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Mr. Biyani is a worried man, he believes in doing every business under the sun, but now he better get his act together otherwise he will face the music on his own game...
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When going gets tough, that’s when tough (people) gets going.
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