It is gathered that TTK Prestige is also aggressive and likely to present a good II qtr result

Normally Result comparison is made with Hawkins only..

CONS
TTK prestige has a dubious distinction of making an open offer to shareholders at a price which was peanuts.
TTK prestige has diversified into a sector which is NOT their core competence.That is Kitchen interior design.Also real estate to a minor extent.
TTK prestige was once almost bankrupt.


PROS

TTK prestige is VERY reputed brand in southern part of India.
It has a MUCH wider range of products than the nearest competitor Hawkins.
The stock is still UNDERVALUED.
The market is huge and the organized sector has still only touched a MINOR part of it. Please we need to consider the ratio of ACTUAL GROWTH /POTENTIAL GROWTH.


Points to be wary off

The bottom line of the company is growing at a higher rate than the top line.If this bottom line growth is too consistent then we better make a very accurate scrutiny of the balance sheet.

I suppose that if Charlie Munger or Warren Buffet had the choice to choose between TTK prestige and Hawkins to invest,they would have bought Hawkins.

I am invested in TTK prestige .Also I have NOT invested in Hawkins.




Edited by studentoflife - 19/Sep/2010 at 7:24am

BTW quite a few puchases by WB......Goldman/Petro China/Salomon Bros/US Air have been quite controversial.....  

Edited by subu76 - 20/Sep/2010 at 2:12pm