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Topic: Arvind Mills - Buy or Bye Bye! Posted: 29/Jul/2007 at 12:08pm
Basantjee,
Pls move this post somewhere to relevant section, would you agree Arvind Mills is such a company bitten down in last few years which can be a good investment? I am not update with the financials but do you think can it be value buy as per Graham and WB ?
Joined: 09/Feb/2007
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Posted: 29/Jul/2007 at 12:20pm
Originally posted by India_Bull
Basantjee,
Pls move this post somewhere to relevant section, would you agree Arvind Mills is such a company bitten down in last few years which can be a good investment? I am not update with the financials but do you think can it be value buy as per Graham and WB ?
India Bull,
Arvind Mills has problem of Promoters. So far, Wealth destroyers and management has taken care of own benefit only, not shareholders. ( LALbhai management means company always in red ) Avoid.
Edited by Mohan - 29/Jul/2007 at 12:22pm
Be fearful when others are greedy and be greedy when others are fearful.
Bye Bye for Darshan Mehta....he has joined Future Group....
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
Joined: 01/Jan/2006
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Posted: 29/Jul/2007 at 10:15am
Buffet converted his textile company into an insurance company and became the richest investor in the world. What stops individual investors to emulate the master. Sell Arvind and buy any insurance company?
'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
Buffet converted his textile company into an insurance company and became the richest investor in the world. What stops individual investors to emulate the master. Sell Arvind and buy any insurance company?
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