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Ajith
Senior Member
Joined: 06/Aug/2006
Location: India
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Posts: 1284
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   Posted: 13/Sep/2006 at 8:55pm |
Actually Mr.Om Shiva is right,Mr.Basant, VIP is a value pick in a sluggish industry.Their products are excellent and priced lower than Samsonite,I think but am not certain.
I think they are very agressive in their retail -they are in lots of new malls and I saw a Carlton shop on posh Nungambackam High Road ,Chennai last month.If demand perks up this could become a growth stock with not too many players in the organized sector.If demand does not rise for whatever reason expenses will rise.In any case, this may be good over a longer time frame.
One thing I noticed after joining this forum is that currently in India a true contrarian would focus on value stocks.
Edited by Ajith - 13/Sep/2006 at 8:58pm
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Ajith
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Equity Buff
Senior Member
Joined: 30/Aug/2006
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Posts: 223
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Posted: 13/Sep/2006 at 10:48pm |
Country Club net profit for FY 06 was Rs. 13.93 crs.
Mahindra Holidays net profit for FY 06 was Rs. 20.80 crs as mentioned in my eariler post.
Rgds
Equity Buff
Edited by Equity Buff - 03/Nov/2006 at 11:05pm
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PrashantS
Senior Member
Joined: 14/Oct/2006
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Posts: 1294
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Posted: 20/Oct/2006 at 6:54pm |
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Basantji...can you please throw some light on Hotel sector...like
International Travel House...
Hotel Leela
EIH
Taj Gvk....
i already have some the first two....shoudl i increase the exposure at current levels...and buy on dips.......please advice me...
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 20/Oct/2006 at 8:13pm |
The leader in this space is Indian Hotels. that should do very well. I do not like ITHL quoting what I had written earlier
"ITHL I am told does a lot of work for ITC so ITC will never give it higher rates because ITHL's sales is ITC;s cost so Pe's will always be low."
Also take a look at Viceroy.It is a dark horse.
Edited by basant - 20/Oct/2006 at 8:15pm
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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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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
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Posted: 22/Oct/2006 at 11:06pm |
Hi,
Market has recovered,so Taj Hotel also recovered however Voiceroy hotel is been laggard, but seems quite undervalued.Seems promoters have bought recently at around 80-85.RJ is bullish and will flair up over a period of time.
Basantji, do you have any view/analysis on this one.
Can this become atleast 3 bagger by Dec 2008. 
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India_Bull forever Bull !
www.kapilcomedynights.com
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posted: 22/Oct/2006 at 9:01am |
No analysis on Viceroy but this is a great 2 year play. Company is expanding aggressively and with Indian Hotels remains a great play on the hospitality sector.
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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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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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Posted: 03/Nov/2006 at 9:10pm |
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could any one share with me the following ,would like to know
whether dilip piramal of vip is the same as nicholas piramal.and any
idea on what this country club is murrugan stanley has invested.and how
serious is the management of vip of putting their co on a growth
path.thanks
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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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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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Posted: 03/Nov/2006 at 10:06pm |
Very interesting question tigershark. Nic and Dilip Piramal are different I believe. Nic is from Pharma and Dilip from Luggage.
Vip merged with Blowplast and is opening up various luxury stores. Also, their exports are slowly growing. However, the stock has been badly hit recently due to losses on quarter-on-quarter which they say is due to heavy advertising costs in 1st half if this year. Whether VIP performs or not as Ramesh Damani suggested only time will tell. Incidentally, he more than once hinted on moneycontrol that VIP for the next 2-3 years could do what mcdowell did when it woke up from its sleep.
Let's see how it all pans out. However, I feel VIP will require a lotttt of patience as it is currently pure value.
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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