'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
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 10/Nov/2006 at 9:56pm
Mark Mobius mentioned Retailing in his interview and I just saw that some of the Franklin funds have bought Pantaloon Retail last month. This seems to be an interesting lead!.
'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
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 606
Posted: 10/Nov/2006 at 3:06am
Any idea why Pantaloon retail is not focussing on the South ?
They don't have hardly any Big Bazaar or Food Bazaar in Chennai.. While they are focussing more on North & Central India ..
Chennai no doubt has one of the highest upper middle class population and thriving IT & ITES services...
Beats me..Hmm..
Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
P Lynch
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
Posted: 10/Nov/2006 at 8:15am
on the face of it pantaloon looks expensive at 2100, sales of 2500 crs
for 07, mkt cap of 5628 crs, net pr of 115 crs 07, and an eps of 43,
and a pe of 48 but still templeton being the value investor has bought
do yu basnt and templeton see more than just the numbers in pantaloon
reply will be appreciated
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
Posted: 10/Nov/2006 at 8:23am
basant have read any books on WALLMART or on sam walton if so
when did wall mart start to slow down imean after how many years
of scorching growth did investors realise that the stock may be
expensive and can we compare us retail to india retail mindset
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 10/Nov/2006 at 9:38am
Yes, I have read "The Wal Mart way" in fact I read that book to get a hang of the business. The company went public in early 70's and continued growing till the early 90's. The first disastor did not come before 20 years of existence. That is because when the markjet expands companies do not spend much on efficiencies and the whole set of companies continue to expand. It is only after growth stops to happen that companies start looking at efficiencies and that drives the inefficient p-layers away. HLL never talked about power brands prior to 2001. This is some place to get details of wal mart achieved. It does not cover the company from inception which can be seen obtained from the website.
YOu maake a valid point not sure why they are not targetting Chennai. Most of the time these companies take up one city and go full blast at it for example if they have 2 or 10 Big bazaars in Bangalore then the cost of placing a paper ad would be same but the mileage derived would drastically vary.
Edited by basant - 10/Nov/2006 at 9:39am
'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
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
